NAICS 532490

Other Commercial & Industrial Machinery & Equipment Rental & Leasing

Key Figures

Establishments
10,248
Census CBP · 2023
Employment
132,302
Census CBP · 2023
Market size
$43.8B
Census Economic Census · 2022

Figures are published for NAICS 532490 directly.

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Official definition

This industry comprises establishments primarily engaged in renting or leasing nonconsumer-type machinery and equipment (except heavy construction, transportation, mining, and forestry machinery and equipment without operators; and office machinery and equipment). Establishments in this industry rent or lease products, such as manufacturing equipment; metalworking, telecommunications, motion picture, theatrical machinery and equipment, or service industry machinery; institutional (i.e., public building) furniture, such as furniture for schools, theaters, or buildings; or agricultural equipment without operators.

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

Which code does this activity belong in?

Code 532490 covers rental and leasing of nonconsumer machinery and equipment used in manufacturing, metalworking, telecommunications, motion picture, theatrical, and service industries, as well as institutional furniture. It excludes heavy construction, transportation, mining, and forestry machinery, which are classified in Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, and office machinery, which falls under Office Machinery and Equipment Rental and Leasing. The distinguishing factor is the type of machinery and its primary application; 532490 focuses on lighter industrial and institutional equipment rather than the heavy mobile equipment or standard office machines covered by the neighbouring categories.

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