NAICS 532412

Construction, Mining, & Forestry Machinery & Equipment Rental & Leasing

Key Figures

Establishments
5,495
Census CBP · 2023
Employment
74,730
Census CBP · 2023
Market size
$36.4B
Census Economic Census · 2022

Figures are published for NAICS 532412 directly.

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Official definition

This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well drilling machinery and equipment, or cranes.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Which code does this activity belong in?

The boundary between construction and mining equipment rental and transportation equipment rental divides based on the primary purpose of the machinery. Code 532412 covers establishments renting heavy equipment designed specifically for construction, mining, or forestry operations, including bulldozers, earthmoving equipment, well drilling machinery, and cranes. Commercial air, rail, and water transportation equipment rental, classified in code 532411, covers establishments specializing in renting off-highway transportation vehicles such as aircraft, railroad cars, steamships, and tugboats.

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Where this sits

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