Rental and leasing of other machinery, equipment and tangible goods

NACE v2.1 Code: O77.3

About rental and leasing of other machinery, equipment and tangible goods

NACE code 77.3 covers the rental and leasing of a wide range of machinery, equipment, and other tangible goods. This industry plays a crucial role in the broader economy by providing businesses and individuals access to specialized equipment and assets without the need for outright purchase. By offering flexible rental and leasing options, this sector enables companies to optimize their capital expenditure, improve operational efficiency, and stay competitive in their respective markets.

Production process

The core activities within NACE code 77.3 involve the acquisition, maintenance, and distribution of rental and leasing equipment. Businesses in this industry typically source machinery, tools, and other goods from manufacturers or wholesalers, then make them available to customers through various rental and leasing agreements. The specific techniques used can vary depending on the type of equipment, but often include inventory management, logistics, and customer service processes to ensure a seamless rental experience.

Production inputs

The main inputs required for the rental and leasing industry under NACE code 77.3 include the physical machinery, equipment, and tangible goods that are made available for rent or lease. This can encompass a diverse range of assets, such as construction equipment, agricultural machinery, office furniture, and even specialized medical devices. In addition to the physical assets, this industry also relies on skilled personnel to manage the rental operations, as well as supporting infrastructure like warehousing, transportation, and information technology systems.

Production outputs

The primary output of the NACE code 77.3 industry is the provision of rental and leasing services for a wide variety of machinery, equipment, and tangible goods. These outputs are consumed by a range of other NACE codes, including 41.2 Construction of residential and non-residential buildings, 42.1 Construction of roads and railways, 43.1 Demolition and site preparation, 43.2 Electrical, plumbing and other construction installation activities, and 43.3 Building completion and finishing, among others. By offering flexible access to specialized equipment, this industry supports the operations and growth of various sectors within the broader economy.

Revisions to 77.3

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77.3. The most recent 1 version of this code (77.3) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 77.3.

Family tree for rental and leasing of other machinery, equipment and tangible goods

    graph LR
    A["<a href='/classifications/nace/v2-1/O'>O: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/O/77'>77: Rental and leasing activities</a>"]
B --> C["<a href='/classifications/nace/v2-1/O/77/3'>77.3: Rental and leasing of other machinery, equipment and tangible goods</a>"]

    B --> D["<a href='/classifications/nace/v2-1/O/77/1'>77.1: Rental and leasing of motor vehicles</a>"]
B --> E["<a href='/classifications/nace/v2-1/O/77/2'>77.2: Rental and leasing of personal and household goods</a>"]
B --> F["<a href='/classifications/nace/v2-1/O/77/4'>77.4: Leasing of intellectual property and similar products, except copyrighted works</a>"]
B --> G["<a href='/classifications/nace/v2-1/O/77/5'>77.5: Intermediation service activities for rental and leasing of tangible goods and non-financial intangible assets</a>"]

    C --> H["<a href='/classifications/nace/v2-1/O/77/31'>77.31: Rental and leasing of agricultural machinery and equipment</a>"]
C --> I["<a href='/classifications/nace/v2-1/O/77/32'>77.32: Rental and leasing of construction and civil engineering machinery and equipment</a>"]
C --> J["<a href='/classifications/nace/v2-1/O/77/33'>77.33: Rental and leasing of office machinery, equipment and computers</a>"]
C --> K["<a href='/classifications/nace/v2-1/O/77/34'>77.34: Rental and leasing of water transport equipment</a>"]
C --> L["<a href='/classifications/nace/v2-1/O/77/35'>77.35: Rental and leasing of air transport equipment</a>"]
C --> M["<a href='/classifications/nace/v2-1/O/77/39'>77.39: Rental and leasing of other machinery, equipment and tangible goods n.e.c.</a>"]


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