Le Lézard
Classified in: Covid-19 virus
Subject: MRR

Global Aerial Work Platform Rental Market Report to 2030 - Opportunity Analysis and Industry Forecasts


DUBLIN, Oct. 6, 2022 /PRNewswire/ --  The "Aerial Work Platform Rental Market By Product Type, By Application, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to  ResearchAndMarkets.com's offering.

Research and Markets Logo

The global aerial work platform rental market size was $41,435.4 million in 2020, and is expected to reach $69,028.6 million by 2030, with a CAGR of 5.1% from 2021 to 2030.

Telecommunications, construction, logistics, and transportation industries require aerial work platform for various tasks. Aerial work platform is a type of lifting equipment that may be rented or leased for period of time. These rented platforms are commonly utilized for construction projects, such as constructing new structures at a height, repairing ducts, and repairing overhead cables.

The major purpose of these systems is to allow access to previously inaccessible areas at a specific height for equipment and employees. Installation of compressed air, power tool sockets, as well as windowpane frame support are among other characteristics.

Demand for rural and urban infrastructure projects increases, owing to surge in population across the globe. This is the important driver driving the growth of the aerial work platform rental industry during the forecast period. In addition, the construction and infrastructure development industry is rapidly developing across the globe.

For instance, in 2022, the Indian Union budget has proposed to spend about $130 billion on infrastructural developments, which, in turn, drives the growth of the aerial work platform rental market. Furthermore, technological advancements and features, including improved system safety are in demand from customers in the industrial, commercial, and government sectors for infrastructure development, maintenance, and manufacturing segments.

Furthermore, substantial government investments in road, communications, power generation, transit, and other infrastructure development in the developing nations like China and India increase the demand for aerial work platform rental throughout the forecast period.

However, high cost of aerial work platform and lack of skilled labors for operating aerial platform hinder the growth of the aerial work rental platform market.

On the other hand, development of new battery technologies is projected to increase the demand for electric aerial work platforms in the future. New and improved emission requirements as well as restrictions on engine-powered aerial work platform (AWP) use indoors may create new prospects for electric and hybrid AWPs, developing the aerial work platform business.

Manufacturers, on the other hand, design innovative equipment that can be controlled over the internet. Furthermore, internet of things (IoT) integration will alleviate skilled labor shortages while improving operator and end-user safety. These aforementioned factors are expected to provide lucrative growth opportunities for market during the forecast period.

Conversely, new technical advancements, including hybridization and electrification technologies are expected to boost the growth of the aerial work platform rental industry in the future.

The aerial work platform rental market is segmented on the basis of product type, application, propulsion type, and region. On the basis of product type, it is classified into boom lift, scissor lift, vehicle mounted platforms, and others. By application, it is categorized into utility, manufacturing, construction, and others.

Depending on propulsion type, it is fragmented into, diesel, electric and hybrid. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

The major players profiled in the aerial work platform rental market include Ashtead Group plc. (Sunbelt Rentals Ltd), Aktio Corporation, AFI Uplift Ltd., Herc Rentals Inc., Haulotte Group, H&E Equipment Services, Inc., Loxam, Riwal, Sumitomo Corporation (Sunstate Equipment Company), and United Rentals, Inc.

Major companies in the market have adopted acquisition and business expansion as their key developmental strategies to offer better products and services to customers in the aerial work platform rental market.

Key Benefits For Stakeholders

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter's five forces analysis

3.4. Top player positioning

3.5. Market dynamics

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Opportunities

3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: AERIAL WORK PLATFORM RENTAL MARKET, BY PRODUCT TYPE

4.1 Overview

4.1.1 Market size and forecast

4.2 Boom

4.2.1 Key market trends, growth factors and opportunities

4.2.2 Market size and forecast, by region

4.2.3 Market analysis by country

4.3 Scissor

4.3.1 Key market trends, growth factors and opportunities

4.3.2 Market size and forecast, by region

4.3.3 Market analysis by country

4.4 Vehicle Mounted Platforms

4.4.1 Key market trends, growth factors and opportunities

4.4.2 Market size and forecast, by region

4.4.3 Market analysis by country

4.5 Others

4.5.1 Key market trends, growth factors and opportunities

4.5.2 Market size and forecast, by region

4.5.3 Market analysis by country

CHAPTER 5: AERIAL WORK PLATFORM RENTAL MARKET, BY APPLICATION

5.1 Overview

5.1.1 Market size and forecast

5.2 Utility

5.2.1 Key market trends, growth factors and opportunities

5.2.2 Market size and forecast, by region

5.2.3 Market analysis by country

5.3 Manufacturing

5.3.1 Key market trends, growth factors and opportunities

5.3.2 Market size and forecast, by region

5.3.3 Market analysis by country

5.4 Construction

5.4.1 Key market trends, growth factors and opportunities

5.4.2 Market size and forecast, by region

5.4.3 Market analysis by country

5.5 Others

5.5.1 Key market trends, growth factors and opportunities

5.5.2 Market size and forecast, by region

5.5.3 Market analysis by country

CHAPTER 6: AERIAL WORK PLATFORM RENTAL MARKET, BY PROPULSION TYPE

6.1 Overview

6.1.1 Market size and forecast

6.2 Diesel

6.2.1 Key market trends, growth factors and opportunities

6.2.2 Market size and forecast, by region

6.2.3 Market analysis by country

6.3 Electric

6.3.1 Key market trends, growth factors and opportunities

6.3.2 Market size and forecast, by region

6.3.3 Market analysis by country

6.4 Hybrid

6.4.1 Key market trends, growth factors and opportunities

6.4.2 Market size and forecast, by region

6.4.3 Market analysis by country

CHAPTER 7: AERIAL WORK PLATFORM RENTAL MARKET, BY REGION

CHAPTER 8: COMPANY LANDSCAPE

8.1. Introduction

8.2. Top winning strategies

8.3. Product Mapping of Top 10 Player

8.4. Competitive Dashboard

8.5. Competitive Heatmap

8.6. Key developments

CHAPTER 9: COMPANY PROFILES

9.1 Haulotte Group

9.1.1 Company overview

9.1.2 Company snapshot

9.1.3 Operating business segments

9.1.4 Product portfolio

9.1.5 Business performance

9.1.6 Key strategic moves and developments

9.2 Herc Holdings Inc.

9.2.1 Company overview

9.2.2 Company snapshot

9.2.3 Operating business segments

9.2.4 Product portfolio

9.2.5 Business performance

9.2.6 Key strategic moves and developments

9.3 AFI Uplift Ltd.

9.3.1 Company overview

9.3.2 Company snapshot

9.3.3 Operating business segments

9.3.4 Product portfolio

9.3.5 Business performance

9.3.6 Key strategic moves and developments

9.4 United Rentals

9.4.1 Company overview

9.4.2 Company snapshot

9.4.3 Operating business segments

9.4.4 Product portfolio

9.4.5 Business performance

9.4.6 Key strategic moves and developments

9.5 Ashtead Group

9.5.1 Company overview

9.5.2 Company snapshot

9.5.3 Operating business segments

9.5.4 Product portfolio

9.5.5 Business performance

9.5.6 Key strategic moves and developments

9.6 Riwal

9.6.1 Company overview

9.6.2 Company snapshot

9.6.3 Operating business segments

9.6.4 Product portfolio

9.6.5 Business performance

9.6.6 Key strategic moves and developments

9.7 Loxam

9.7.1 Company overview

9.7.2 Company snapshot

9.7.3 Operating business segments

9.7.4 Product portfolio

9.7.5 Business performance

9.7.6 Key strategic moves and developments

9.8 Aktio Corporation

9.8.1 Company overview

9.8.2 Company snapshot

9.8.3 Operating business segments

9.8.4 Product portfolio

9.8.5 Business performance

9.8.6 Key strategic moves and developments

9.9 Nesco Rentals

9.9.1 Company overview

9.9.2 Company snapshot

9.9.3 Operating business segments

9.9.4 Product portfolio

9.9.5 Business performance

9.9.6 Key strategic moves and developments

9.10 Kilotou

9.10.1 Company overview

9.10.2 Company snapshot

9.10.3 Operating business segments

9.10.4 Product portfolio

9.10.5 Business performance

9.10.6 Key strategic moves and developments

9.11 Sunstate Equipment Company.

9.11.1 Company overview

9.11.2 Company snapshot

9.11.3 Operating business segments

9.11.4 Product portfolio

9.11.5 Business performance

9.11.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/v57dxl?

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets


These press releases may also interest you

at 03:00
Caledonia Mining Corporation Plc ("Caledonia" or the "Company")  announces its operating and financial results for the year ended December 31, 2023 (the "Year"). Further information on the financial and operating results for the Year and the quarter...

at 00:01
In advance of the upcoming NAB 2024 show, fan-streaming trailblazer Attention Seekers announced that it has selected Eluvio to provide the back-end technology platform for its next-generation Keystream service, a private press streaming service...

27 mar 2024
The "United States Self-Monitoring Blood Glucose Devices Market Growth, Share, Size, Trends, Analysis and Forecast (2024 - 2032)" report has been added to  ResearchAndMarkets.com's offering. The latest comprehensive research study has been added to...

27 mar 2024
The "Highly Potent API Market - A Global and Regional Analysis: Focus on Type, Type of Synthesis, Therapeutic Area, Type of Manufacturing, End User, and Country - Analysis and Forecast, 2023-2033" report has been added to  ResearchAndMarkets.com's...

27 mar 2024
Akebia Therapeutics®, Inc. , a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today announced that the U.S. Food and Drug Administration (FDA)...

27 mar 2024
The "Green Hydrogen Market - A Global and Regional Analysis: Focus on Application, Technology, Renewable Energy Source, and Region - Analysis and Forecast, 2023-2033" report has been added to  ResearchAndMarkets.com's offering. The global green...



News published on and distributed by: