GETWAB

02 / Market Size

How large is the NAICS 532310 federal market?

Net obligations$82.42M
Contract actions2,548
Vendors189
Federal customers44
Contracting offices264
Average action$32.3K
Largest action$1.44M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 532310 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$12.04M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$10.87M3185825
FY 2020$11.54M3333826+6.2%
FY 2021$17.82M4344928+54.4%
FY 2022$7.79M2564723−56.3%
FY 2023$12.10M3525125+55.3%
FY 2024$10.27M3985023−15.1%
FY 2025$12.04M4574120+17.3%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
FEDERAL ACQUISITION SERVICE4732$61.20M1,515574.3%
DEPT OF THE ARMY2100$5.39M144466.5%
DEPT OF THE NAVY1700$3.24M122403.9%
VETERANS AFFAIRS, DEPARTMENT OF3600$1.97M80182.4%
DEPT OF THE AIR FORCE5700$1.37M58161.7%
U.S. COAST GUARD7008$1.23M76231.5%
MARITIME ADMINISTRATION6938$1.23M3511.5%
FOREST SERVICE12C2$802.7K91121.0%
STATE, DEPARTMENT OF1900$736.5K7450.9%
U.S. CUSTOMS AND BORDER PROTECTION7014$714.7K640.9%

05 / Contracting Offices

Which contracting offices buy in NAICS 532310?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 532310 market?

VendorObligationsActionsCustomersMarket shareLatest activity
HERC RENTALS INC.$31.41M1,0181238.1%Sep 30, 2025
FEDERAL CONTRACTS CORP$28.14M4691434.1%Nov 13, 2024
SUNBELT RENTALS, INC.$10.00M3852212.1%Sep 29, 2025
CORRECT COMPANY FOR GENERAL TRADING & CONSTRUCTION CONTRACTS LTD$1.28M211.6%Nov 29, 2023
EQUIPMENTSHARE.COM INC$786.4K3111.0%Sep 26, 2025
MISCELLANEOUS FOREIGN AWARDEES$759.8K8840.9%Sep 29, 2025
TRANSFER GENERAL TRADING AND TRANSPORT OF GOODS LTD COMPANY$576.0K110.7%Feb 20, 2024
ATLANTIC LIFT SYSTEMS, INC.$476.2K2420.6%Aug 25, 2025
COMMONWEALTH TENT RENTALS INC$448.0K520.5%Aug 9, 2022
QMAT EF, LLC$331.0K610.4%Sep 16, 2025

07 / Product and Service Mix

What products and services are purchased under NAICS 532310?

PSCDescriptionObligationsActionsVendorsShare
W038LEASE OR RENTAL OF EQUIPMENT- CONSTRUCTION, MINING, EXCAVATING, AND HIGHWAY MAINTENANCE EQUIPMENT$27.21M5601233.0%
W039LEASE OR RENTAL OF EQUIPMENT- MATERIALS HANDLING EQUIPMENT$17.67M6161021.4%
W023LEASE OR RENTAL OF EQUIPMENT- GROUND EFFECT VEHICLES, MOTOR VEHICLES, TRAILERS, AND CYCLES$12.24M3811414.9%
W041LEASE OR RENTAL OF EQUIPMENT- REFRIGERATION, AIR CONDITIONING, AND AIR CIRCULATING EQUIPMENT$7.25M117108.8%
W043LEASE OR RENTAL OF EQUIPMENT- PUMPS AND COMPRESSORS$2.29M7442.8%
W059LEASE OR RENTAL OF EQUIPMENT- ELECTRICAL AND ELECTRONIC EQUIPMENT COMPONENTS$2.22M7652.7%
W099LEASE OR RENTAL OF EQUIPMENT- MISCELLANEOUS$1.90M87462.3%
W083LEASE OR RENTAL OF EQUIPMENT- TEXTILES, LEATHER, FURS, APPAREL AND SHOE FINDINGS, TENTS AND FLAGS$1.45M48181.8%
3920MATERIAL HANDLING EQUIPMENT, NONSELF-PROPELLED$1.28M211.6%
W061LEASE OR RENTAL OF EQUIPMENT- ELECTRIC WIRE AND POWER DISTRIBUTION EQUIPMENT$799.2K1241.0%

08 / Buying Pattern

How does the government buy in NAICS 532310?

Competed75.3%1,918 actions
Competed under SAP17.5%446 actions
Not available for competition3.9%99 actions
Other / unknown3.1%79 actions
Not competed0.2%5 actions
Not competed under SAP0.0%1 actions
Other than small business share98.8%$81.41M
Small business share1.2%$1.01M
Common action typeObligationsActions
DELIVERY ORDER$37.19M1,246
BPA CALL$33.26M674
PURCHASE ORDER$11.80M622
DEFINITIVE CONTRACT$175.2K6

09 / Recent Contract Awards

What was awarded most recently in NAICS 532310?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $82.42M market as addressable.