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Industrial Equipment Rental & Leasing in Northwest Territories

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NT53249CA

Industrial Equipment Rental & Leasing in Northwest Territories industry analysis

Revenue for the Industrial Equipment Rental & Leasing industry in Northwest Territories is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has stagnated an annualized x% to x workers during the period, while industry wages have increased an annualized x% to $x.x thousand.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to x workers during the outlook period, while industry wages likely increase x% to $x.x thousand.

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About the Industrial Equipment Rental & Leasing in Northwest Territories Market Research Report

What’s Included in the Industrial Equipment Rental & Leasing in Northwest Territories Market Research Report

Definition of the Industrial Equipment Rental & Leasing in Northwest Territories?

The Industrial Equipment Rental and Leasing industry in Canada rents and leases a variety of equipment used in manufacturing, metalwork, carpentry, agriculture, telecommunications, healthcare and entertainment operations. The industry also rents pumps, generators and other power equipment. The rental of heavy construction equipment, such as aerial lifts, forklifts, earthmovers and mining machinery, is not included in this industry.

What’s included in the Industrial Equipment Rental & Leasing in Northwest Territories?

The Industrial Equipment Rental & Leasing in Northwest Territories includes industrial equipment, light construction equipment, medical equipment, entertainment and audiovisual equipment and power and energy equipment. Related terms covered in the Industrial Equipment Rental & Leasing in Northwest Territories industry report includes a contract granting use of property during a specified period in exchange for a specified rent, a payment made at specified intervals in return for the right to use the property of another and an individual operator with one location and no staff.

Industry Performance of the Industrial Equipment Rental & Leasing industry in Northwest Territories

Benchmark the Industrial Equipment Rental & Leasing in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.

Industrial Equipment Rental & Leasing in Northwest Territories

#13 in Highest Revenue 0% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Industrial Equipment Rental & Leasing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Industrial Equipment Rental & Leasing industry in Northwest Territories

See how key industry drivers, such as median houshold income, private investment in non-residential construction, private investment in residential construction, value of nonresidential construction, industrial capacity utilization and total health expenditure are impacting Industrial Equipment Rental & Leasing in Northwest Territories

Northwest Territories Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Private Investment in Residential Construction

View more economic information in NT State Economic profile

Canada Key External Drivers

Value of nonresidential construction
Industrial capacity utilization
Total health expenditure

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Industrial Equipment Rental & Leasing industry in Northwest Territories

Access proprietary data on Census Metropolitan Area in the Industrial Equipment Rental & Leasing in Northwest Territories, such as Yellowknife. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Industrial Equipment Rental & Leasing industry in Northwest Territories

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Industrial Equipment Rental & Leasing industry in Northwest Territories in 2025?

The market size of the Industrial Equipment Rental & Leasing industry in Northwest Territories is $2.1m in 2025.

How many businesses are there in the Industrial Equipment Rental & Leasing industry in Northwest Territories in 2025?

There are 1 businesses in the Industrial Equipment Rental & Leasing industry in Northwest Territories, which has been declining at an average annual rate of -12.9% from 2020 to 2025.

Has the Industrial Equipment Rental & Leasing industry in Northwest Territories grown or declined over the past 5 years?

The market size of the Industrial Equipment Rental & Leasing industry in Northwest Territories has been growing at an average annual rate of 3.9% from 2020 to 2025.

How many employees in the Industrial Equipment Rental & Leasing industry in Northwest Territories in 2025?

There are 5 employees in the Industrial Equipment Rental & Leasing industry in Northwest Territories, which has been declining at an average annual rate of 0.0% from 2020 to 2025.