Mobile Menu

Truck Rental in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM53212

Truck Rental in New Mexico industry analysis

The Truck Rental industry in New Mexico 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 xxx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

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

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Truck Rental in New Mexico Market Research Report

What’s Included in the Truck Rental in New Mexico Market Research Report

Definition of the Truck Rental in New Mexico?

Operators in this industry primarily rent or lease trucks, utility trailers, buses, semitrailers and other related vehicles (without drivers). Purchasing and lease-to-own arrangements of these vehicles are excluded from this industry. Operators that rent or lease industrial trucks and equipment, such as forklifts, are covered in the Industrial Equipment Rental and Leasing industry (IBISWorld report 53249).

What’s included in the Truck Rental in New Mexico?

The Truck Rental in New Mexico includes truck and trailer rentals, truck and trailer leases, other vehicle and equipment rentals and leases and repairs and other services. Related terms covered in the Truck Rental in New Mexico industry report includes the number of new homes under construction, a government agency designed to protect human health and safeguard the natural environment and a truck's supporting metal frame, wheels and mechanical parts, separate from its body.

Industry Performance of the Truck Rental industry in New Mexico

Benchmark the Truck Rental in New Mexico industry performance with all NM county and national performance.

Truck Rental in New Mexico

#38 in Highest Revenue 0.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Truck 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 Truck Rental industry in New Mexico

See how key industry drivers, such as private investment in residential construction, house price index, net migration, freight transportation services index, oil and natural gas price index and value of construction are impacting Truck Rental in New Mexico

New Mexico Economic Indicators

Private Investment in Residential Construction
House Price Index
Net Migration

View more economic information in NM State Economic profile

US Key External Drivers

Freight transportation services index
Oil and natural gas price index
Value of construction

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

County Data of the Truck Rental industry in New Mexico

Access proprietary data on county in the Truck Rental in New Mexico, such as Bernalillo County, Dona Ana County and Lea County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Truck Rental industry in New Mexico

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

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Truck Rental industry in New Mexico in 2025?

The market size of the Truck Rental industry in New Mexico is $131.3m in 2025.

How many businesses are there in the Truck Rental industry in New Mexico in 2025?

There are 140 businesses in the Truck Rental industry in New Mexico, which has been growing at an average annual rate of 8.8% from 2020 to 2025.

Has the Truck Rental industry in New Mexico grown or declined over the past 5 years?

The market size of the Truck Rental industry in New Mexico has been growing at an average annual rate of 6.9% from 2020 to 2025.

How many employees in the Truck Rental industry in New Mexico in 2025?

There are 480 employees in the Truck Rental industry in New Mexico, which has been growing at an average annual rate of 8.2% from 2020 to 2025.