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Tool & Equipment Rental in Nevada

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NV53231

Tool & Equipment Rental in Nevada industry analysis

The Tool & Equipment Rental industry in Nevada is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x% to xx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Tool & Equipment Rental in Nevada Market Research Report

What’s Included in the Tool & Equipment Rental in Nevada Market Research Report

Definition of the Tool & Equipment Rental in Nevada?

This industry comprises companies that primarily rent tools and small- to medium-size pieces of equipment, including contractors’ and builders’ tools and equipment and home maintenance tools for a short period of time. Enterprises that primarily focus on other rentals such as trucks and trailers without drivers, party and banquet equipment and personal and household goods are all excluded from this industry.

What’s included in the Tool & Equipment Rental in Nevada?

The Tool & Equipment Rental in Nevada includes contractor equipment, home tools and diy equipment rental, renting consumer goods, other equipment rentals and delivery, repair and other services. Related terms covered in the Tool & Equipment Rental in Nevada industry report includes an industry operator with one location and no employees (e.g. a sole proprietor), a project in which a consumer does the work themselves instead of hiring a professional contractor and equipment used to raise workers or materials to work sites.

Industry Performance of the Tool & Equipment Rental industry in Nevada

Benchmark the Tool & Equipment Rental in Nevada industry performance with all NV county and national performance.

Tool & Equipment Rental in Nevada

#43 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Tool & 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 Tool & Equipment Rental industry in Nevada

See how key industry drivers, such as population, median houshold income, new business formation, value of residential construction, per capita disposable income and housing starts are impacting Tool & Equipment Rental in Nevada

Nevada Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in NV State Economic profile

US Key External Drivers

Value of residential construction
Per capita disposable income
Housing starts

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

County Data of the Tool & Equipment Rental industry in Nevada

Access proprietary data on county in the Tool & Equipment Rental in Nevada, such as Washoe County, Clark County and Elko County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Tool & Equipment Rental industry in Nevada

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 Tool & Equipment Rental industry in Nevada in 2025?

The market size of the Tool & Equipment Rental industry in Nevada is $15.2m in 2025.

How many businesses are there in the Tool & Equipment Rental industry in Nevada in 2025?

There are 67 businesses in the Tool & Equipment Rental industry in Nevada, which has been growing at an average annual rate of 0.6% from 2020 to 2025.

Has the Tool & Equipment Rental industry in Nevada grown or declined over the past 5 years?

The market size of the Tool & Equipment Rental industry in Nevada has been growing at an average annual rate of 0.8% from 2020 to 2025.

How many employees in the Tool & Equipment Rental industry in Nevada in 2025?

There are 77 employees in the Tool & Equipment Rental industry in Nevada, which has been declining at an average annual rate of -1.5% from 2020 to 2025.