Rental revenue to exceed $71 billion

The five-year forecast from the American Rental Association (ARA) calls for equipment and event rental revenues in North America to surpass $71 billion in 2023, including $64.7 billion in the U.S. and $6.4 billion in Canada. For 2019, equipment and event rental revenue in the U.S. is expected to be $55.7 billion, up five percent over 2018, with growth in 2020 and 2021 at 3.8 percent; 4.1 percent in 2022; and 3.3 percent in 2023, to top $64.7 billion.