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The crane rental market is forecasted to grow by USD 11.9 billion during 2023-2028, accelerating at a CAGR of 4.37% during the forecast period. The report on the crane rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in end-user industries due to urbanization, growth of the construction industry, and rise in demand for oil and natural gas globally.
The crane rental market is segmented as below:
By Product Type
- Mobile cranes
- Fixed cranes
- Marine and port cranes
By Application
- Construction
- Industrial
- Utilities
By Geographical Landscape
- APAC
- Middle East and Africa
- North America
- Europe
- South America
The report on the crane rental market covers the following areas:
- Crane rental market sizing
- Crane rental market forecast
- Crane rental market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global crane rental market: Action Construction Equipment Ltd., ALL Crane, Bigge Crane and Rigging Co., Bothar Boring & Tunnelling Operations, Buckner Heavylift Cranes LLC, Falcon tower crane services Ltd, Lampson International LLC, Leavitt Cranes, Mammoet, Maxim Crane Works L.P, Prangl Gesellschaft M.B.H, Rapicon Inc, Sarens NV, Skycrane, Starlog Enterprises Ltd., Tat Hong Holdings Ltd., Titan Cranes and Rigging, United Crane and Rigging, United Equipment Group, and WASEL GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of autonomous cranes."
According to the report, one of the major drivers for this market is the growth in end-user industries due to urbanization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Action Construction Equipment Ltd.
- ALL Crane
- Bigge Crane and Rigging Co.
- Bothar Boring & Tunnelling Operations
- Buckner Heavylift Cranes LLC
- Falcon tower crane services Ltd
- Lampson International LLC
- Leavitt Cranes
- Mammoet
- Maxim Crane Works L.P
- Prangl Gesellschaft M.B.H
- Rapicon Inc
- Sarens NV
- Skycrane
- Starlog Enterprises Ltd.
- Tat Hong Holdings Ltd.
- Titan Cranes and Rigging
- United Crane and Rigging
- United Equipment Group
- WASEL GmbH