Tools commonly used in the Rental Service-Stores & Yards industry for day-to-day tasks and operations.

• Excavators
• Bobcats
• Scaffolding
• Pressure washers
• Generators
• Lawn mowers
• Chainsaws
• Air compressors
• Concrete mixers
• Welding equipment
• Jackhammers
• Paint sprayers
• Carpet cleaners
• Tents
• Tables and chairs
• Audio equipment
• Lighting equipment
• Projectors
• Photo booths
• Bounce houses

Common products and services typical of NAICS Code 532310-03, illustrating the main business activities and contributions to the market.

• Construction equipment rental
• Party supply rental
• Tool rental
• Heavy machinery rental
• Audiovisual equipment rental
• Lawn and garden equipment rental
• Tent rental
• Event rental
• Costume rental
• Sports equipment rental

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who operate heavy machinery and equipment. It ensures that workers are trained in the safe operation of equipment and machinery. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• Commercial Driver's License (CDL): This license is required for drivers of commercial vehicles, including trucks and buses. It ensures that drivers are trained in the safe operation of commercial vehicles. The license is provided by the Department of Transportation (DOT).
• Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants, such as those used in air conditioning and refrigeration systems. It ensures that workers are trained in the safe handling of refrigerants and the proper disposal of refrigerant-containing equipment. The certification is provided by the Environmental Protection Agency (EPA).
• National Commission for the Certification Of Crane Operators (NCCCO) Certification: This certification is required for crane operators. It ensures that crane operators are trained in the safe operation of cranes. The certification is provided by the National Commission for the Certification of Crane Operators (NCCCO).
• American Rental Association (ARA) Certification: This certification is not required, but it is recommended for rental service-stores & yards. It ensures that rental service-stores & yards are following industry best practices and standards. The certification is provided by the American Rental Association (ARA).

A concise historical narrative of NAICS Code 532310-03 covering global milestones and recent developments within the United States.

• The Rental Service-Stores & Yards industry has a long history dating back to the early 20th century when the first rental stores were established in the United States. These stores initially rented out tools and equipment to contractors and homeowners. In the 1950s, the industry experienced significant growth due to the post-war construction boom. The industry continued to expand in the 1960s and 1970s, with the introduction of new rental products such as party supplies, audio-visual equipment, and computers. In recent years, the industry has seen a shift towards online rentals, with companies like Rent the Runway and Airbnb leading the way. In the United States, the Rental Service-Stores & Yards industry has experienced steady growth over the past decade. The industry has benefited from the rise of the sharing economy, which has made it easier for consumers to rent out their homes, cars, and other assets. The industry has also benefited from the growth of e-commerce, which has made it easier for consumers to rent products online. In addition, the industry has seen increased demand for rental products due to the high cost of purchasing new products. Overall, the Rental Service-Stores & Yards industry has a bright future ahead, with continued growth expected in the coming years.

The anticipated future trajectory of the NAICS 532310-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Rental Service-Stores & Yards industry in the USA is positive. The industry is expected to grow due to the increasing demand for rental services from both consumers and businesses. The rise of the sharing economy and the increasing popularity of renting over buying is also expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the growing construction and real estate markets, as well as the increasing popularity of DIY projects. However, the industry may face challenges such as rising competition from online rental platforms and the increasing popularity of subscription-based services. Overall, the industry is expected to continue to grow in the coming years.

Recent groundbreaking advancements and milestones in the Rental Service-Stores & Yards industry, reflecting notable innovations that have reshaped its landscape.

• Contactless Rental Services: Rental Service-Stores & Yards have implemented contactless rental services to ensure the safety of their customers during the COVID-19 pandemic. Customers can now rent equipment and tools online and pick them up from a designated area without having to interact with staff.
• Online Rental Platforms: The rise of online rental platforms such as Rent the Runway and Turo has led to increased competition for traditional Rental Service-Stores & Yards. These platforms allow customers to rent a wide range of items, from clothing to cars, online and have them delivered to their doorstep.
• Sustainable Rental Options: Many Rental Service-Stores & Yards are now offering sustainable rental options, such as electric tools and equipment, to meet the growing demand for eco-friendly products.
• Mobile Rental Services: Some Rental Service-Stores & Yards are now offering mobile rental services, where they bring the equipment or tools to the customer's location. This is particularly useful for customers who need equipment for a short period of time and do not have the means to transport it themselves.
• Rental Subscriptions: Some Rental Service-Stores & Yards are now offering rental subscriptions, where customers can pay a monthly fee to rent a certain number of items. This is particularly useful for businesses that need a steady supply of equipment or tools.