THE VOICE OF THE EQUIPMENT RENTAL INDUSTRY

The European Equipment Rental Industry 2009 Report - Available now!

 
April 14^th, 2010 (Brussels, Belgium) – The European Rental Association (ERA) announces the publication of The European Equipment Rental Industry 2009 Report with the most comprehensive data available on the European rental industry.

 

This report has been produced by ERA in cooperation with IHS Global Insight. The European Equipment Rental Industry 2009 Report is the second report on the equipment rental industry at a European level. It contains a country-by-country analysis over 11 European countries, and includes market size information and key ratios among which fleet size and investment as well as penetration rates. The report also contains forecasts for years 2010 and 2011 per country.

 

“Thanks to the combination of the study on 11 countries with an estimate on the remaining EU27 + EFTA countries, the European equipment rental industry without operators represents a total turnover of €20.2 billion in 2009.” said Michel Petitjean.

 

Highlights of some of the key findings in the report include:

 

-         In 2009, the total size of the European equipment rental market (without operators) was €20.2 billion. The 11 countries covered in the study represent €18.5 billion.

 

-         The total turnover decreased 17.2% from 2008 to 2009 as an average in Europe and is expected to decrease between 0% and -5% from country to country in 2010 with the exception of one country with - 20%.

 

-         In 2011, however, the same turnover is expected to increase from 2010 to 2011 between 0% and 10% from country to country.

 

-         In 2009, fleet investment has been reduced drastically in some countries with up to 80% to 90% decrease from 2008 levels when, in other countries, capital expenditure was less affected with reductions of 20% to 25%.

 

-         Fleet sizes have been evaluated for the first time in this 2009 report. They have been reduced from 14% to 17% in some countries while in other countries they remain virtually constant.

 

-         Companies active in rental have been identified in two classes, rental companies as a primary business without operators (NACE code 71.32), and other companies providing rental services.

 

-         Rental companies as a primary business with operators (NACE code 45.50), considered in the 2008 report, have been deleted from this 2009 report, waiting for more definitions and methodology.

 

 

The 2009 Report contains over 60 pages of statistical information with expanded details per country. Each country contains 4 pages of detailed information in local currency in order to better measure the trends, independently from the variation of the currency exchange rate against the Euro. View the executive summary of the report HERE. 

 

The report, commissioned by ERA is available to ERA members for €300 and to prospective and non-members for €900 (excl. VAT).

For copies please complete ORDER FORM and send it to the ERA by fax (+32 2 7611699) or by email (era@erarental.org). 

The key findings of our report covering 2008 and the content summary of that report are available for information (please click on the image to the right).



About IHS Global Insight

IHS Global Insight is the world’s largest economic forecasting and consulting firm, providing the most comprehensive current economic, financial and political coverage of countries, regions and industries available from any source. With its extensive pool of expert knowledge, models, data and software IHS Global Insight produces analyses for customers in more than 170 industries, covering more than 200 countries, to support them in their planning and decision-making processes. The company is recognised as the most consistently accurate forecasting firm in the world, and has more than 3,800 clients in industry, finance and government, with revenues in excess of US$100 million, 700 employees and 25 offices in 14 countries covering North and South America, Europe, Africa, the Middle East and Asia.

 

About ERA

The European Rental Association was created in 2006 to represent national rental associations and equipment rental companies in Europe. Today our membership includes over 4,500 rental companies, either directly or through 14 national rental associations. ERA is active through its working groups in the fields of EU Affairs, Promotion, Sustainability, Equipment Theft, General Rental Conditions and Statistics. ERA is organising, in partnership with KHL and IPI the IRE, International Rental Exhibition, held every three years. The next edition is scheduled in Amsterdam on June 7-9, 2011.

Extensive information on ERA's activities, reports and publications is available in our website at http://www.erarental.org

 

ERA Statistics Contacts:

Michel Petitjean
era@erarental.org

Tel: +32 2 761 1604

 

Note: The European Equipment Rental Industry 2009 Report is copyright-protected and proprietary to the European Rental Association; however the information in this release, “The European Equipment Rental Industry 2009 Report” may be reproduced without further permission. Other figures, charts or findings from The European Equipment Rental Industry 2009 Report may not be reprinted or photocopied in part or in full without the advance written permission of the European Rental Association.