About the Heavy Equipment Rental in Michigan Market Research Report
What’s Included in the Heavy Equipment Rental in Michigan Market Research Report
Definition of the Heavy Equipment Rental in Michigan?
Industry operators rent or lease heavy construction, off-highway transportation, mining and forestry machinery and equipment without attached labor. Companies in this industry may rent or lease products, including aircraft, railcars, steamships, tugboats, bulldozers, earthmoving equipment, cranes or well-drilling machinery and equipment.
What’s included in the Heavy Equipment Rental in Michigan?
The Heavy Equipment Rental in Michigan includes air transportation equipment, rail transportation equipment, water transportation equipment, commercial and industrial equipment and construction, mining and forestry equipment. Related terms covered in the Heavy Equipment Rental in Michigan industry report includes a type of lease in which the lessee only uses the asset for some of the asset's life, a type of lease in which the lessee has use of the asset throughout most of its economic life and beyond. a nominal residual payment is common at the end of the lease term to assume ownership and a system designed to minimize costs and assist owners with procurement and maintenance decisions throughout the life of an asset.
Industry Performance of the Heavy Equipment Rental industry in Michigan
Benchmark the Heavy Equipment Rental in Michigan industry performance with all MI county and national performance.
Heavy Equipment Rental in Michigan
#28 in Highest Revenue 0.9% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Heavy Equipment Rental in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Heavy Equipment Rental industry in Michigan
See how key industry drivers, such as population, house price index, private investment in non-residential construction, value of construction, industrial production index and private investment in industrial equipment and machinery are impacting Heavy Equipment Rental in Michigan
Michigan Economic Indicators
Population
House Price Index
Private Investment in Non-Residential Construction
View more economic information in MI State Economic profile
US Key External Drivers
Value of construction
Industrial production index
Private investment in industrial equipment and machinery
For the full list of industry drivers, see report purchase options.
County Data of the Heavy Equipment Rental industry in Michigan
Access proprietary data on county in the Heavy Equipment Rental in Michigan, such as Wayne County, Kent County and Oakland County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Heavy Equipment Rental industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
