NAICS Code 532412-05 - Fork Lifts-Renting

Marketing Level - NAICS 8-Digit

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NAICS CODE 532412-05
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NAICS Code 532412-05 Description (8-Digit)

Fork Lifts-Renting is a subdivision of the NAICS Code 532412 that involves the rental and leasing of forklifts to businesses and individuals. This industry provides a cost-effective solution for those who require the use of forklifts on a temporary basis, without the need for a long-term investment in purchasing the equipment. Fork Lifts-Renting companies typically offer a range of forklift models and sizes to meet the specific needs of their customers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532412 page

Tools

Tools commonly used in the Fork Lifts-Renting industry for day-to-day tasks and operations.

  • Electric Forklifts
  • Gasoline Forklifts
  • Diesel Forklifts
  • Pallet Jacks
  • Reach Trucks
  • Order Pickers
  • Scissor Lifts
  • Boom Lifts
  • Hand Trucks
  • Forklift Attachments (e.g. clamps, rotators, side shifters)

Industry Examples of Fork Lifts-Renting

Common products and services typical of NAICS Code 532412-05, illustrating the main business activities and contributions to the market.

  • Warehouse Operations
  • Manufacturing Facilities
  • Construction Sites
  • Retail Stores
  • Distribution Centers
  • Freight and Shipping Companies
  • Agriculture and Farming Operations
  • Event and Exhibition Venues
  • Airports and Seaports
  • Recycling and Waste Management Facilities

History

A concise historical narrative of NAICS Code 532412-05 covering global milestones and recent developments within the United States.

  • The forklift rental industry has been around since the early 20th century, with the first forklift being invented in 1906 by the Pennsylvania Railroad. However, it wasn't until the 1920s that forklifts became widely used in warehouses and factories. In the 1950s, the industry saw a significant increase in demand due to the post-World War II economic boom. In recent years, the industry has seen advancements in technology, such as the development of electric forklifts and automation, which have increased efficiency and safety in the workplace. In the United States, the forklift rental industry has seen steady growth over the past decade. The rise of e-commerce has led to an increase in demand for warehouse space, which in turn has increased the need for forklifts. Additionally, the industry has seen advancements in technology, such as the use of telematics to track forklift usage and maintenance needs. Overall, the forklift rental industry has become an essential part of the logistics and warehousing industry in the United States.