Key Figures On Equipment Rental in Europe
In early 2009, the European Rental Association and Global Insight published the first-ever statistical report on Europe’s rental industry, based on a research carried out in 11 countries (Belgium, Denmark, Germany, Finland, France, Italy, The Netherlands, Norway, Spain, Sweden and the UK).
According to this study and previous research on countries not included in the study, the total size of the European equipment rental market was €33.6 billion in 2008. Of the €33.6 billion turnover, €24.4 billion are without operators and €9.2 billion are with operators.
In the 11 countries surveyed, 36,400 companies were active in rental in 2006 and they collectively employed 177,500 people in some 22,400 rental depots.
Average fleet age in 2008 was 3.8 years, ranging from 2.9 years for the lowest country to 5.7 years for the highest.
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