AWP Rental Market 2024 key players Ashtead Group, United Rentals, Herc Holdings, Loxam, Blueline Rentals, Aktio Corporation, Haulotte Group, Riwal and Nesco Rentals.

Owing to the massive increase in residential and commercial construction projects across the globe, major AWP Rental Market players have been focusing on launching advanced access platforms. Moreover, the enormous rise in infrastructural investments in the public sector has compelled industry participants to manufacture value-added and customized products.

United Rentals, Inc’s recent acquisition of Neff Corporation has sent out waves of anticipation across the rapidly expanding AWP rental market. The latest deal is reported to have been concluded at a striking USD 1.3 billion and was primarily funded via freshly issued unsecured debt. Apparently, this take over is in line with the US based company’s expansion strategy which aims to enhance its earthmoving capabilities in the crucial growth terrains of the global AWP rental industry.

Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/2414

Meanwhile, it has to be noted that acquiring minor and upcoming firms has emerged as one of the chief business augmentation strategies that is being adopted by prominent players in the AWP rental market lately. This change can be attributed to the rising tendency of renowned access platform makers to offer a wide range of services and equipment by leveraging the technologies developed by new entrants in the AWP rental industry. Boasting of a massive application base comprising transportation & logistics, construction, government, and telecommunication, evolving a consumer-centric approach has been the focal point of AWP rental market participants.

The leading UK-headquartered aerial based platforms manufacturer, Snorkel has recently showcased its unique A46JRT boom lift at the International Construction and Utility Equipment Exposition show in the US. Apparently, the latest boom lift comes with a special package of features which are specifically designed for the utility sector. Furthermore, the new boom lift is equipped with a 2kW AC generator, a Kubota V1505 diesel engine, Snorkel Guard secondary guarding system, a 5 feet aluminum platform with a swing gate, and two grounding loops.

Regarded as a global leader in AWP rental industry, GMG Inc. has been reported to roll out numerous high-grade boom and scissor lifts this year. The first among them would be the 1330-ED micro scissor lift that would weigh only 1,892 pounds but is said to offer the spaciousness of a slide-out extension deck, all-electric drive, and a strong platform capacity of 530 pounds. Needless to say, the soon-to-be-launched micro scissor lift appears to have been manufactured with the objective of aligning with the evolving requirements of the construction sector.

With extensive maintenance and repair activities revamping existing transformers & power cables, street lights, fire stations, and other associated infrastructure, North America is projected to heavily influence growth prospects of AWP rental industry. Speaking of which, the firms offering rental equipment in this region have been mandated by regulatory authorities to strictly adhere to human safety concerns. This has, in consequence, fueled the AWP rental market share expansion across the nations in the North American region.

Browse Report Summery @
http://www.gminsights.com/industry-analysis/aerial-work-platform-awp-rental-market

Concurrently, various emerging economies world over have been allocating massive budgetary proceeds to construct mega-infrastructure projects including visionary smart cities, magnificent airports, and other industrial complexes. Subsequently, the successful execution of these gigantic projects rests upon numerous business verticals, of which AWP rental market is undoubtedly among the most crucial ones.

Moreover, the increasing number of fatal injuries across hazardous business domains has compelled government authorities to mandate utilization of these equipment, which would further boost the growth potential of AWP rental industry in the ensuing years. In fact, as per a research report by Global Market Insights, Inc., AWP rental market is forecast to exceed an impressive valuation of USD 24 billion by 2024.

 

Partial Chapter of the Table of Content

Chapter 2.   Executive Summary

2.1    AWP rental industry 3600 synopsis, 2013 – 2024
2.2    Business trends
2.3    Product trends
2.4    Application trends
2.5    Regional trends

Chapter 3.   AWP Rental Industry Insights

3.1    Industry segmentation
3.2    Industry landscape, 2013 – 2024
3.2.1    Construction machinery landscape, Russia
3.3    Construction machinery rental landscape, Russia
3.3.1    Crane industry landscape, Russia, 2013 – 2024
3.3.2    Rental landscape
3.3.2.1    Pros and cons – rent vs purchase AWPs
3.3.2.2    Cost calculator – rent vs purchase AWPs
3.4    Industry ecosystem analysis
3.4.1    Distribution channel analysis
3.4.2    Vendor matrix
3.5    Technological and innovation landscape
3.6    Regulatory landscape

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/2414

3.6.1    North America
3.6.1.1    Occupational Safety & Health Administration (OSHA)
3.6.1.1.1    OSHA 29 CFR 1926.21
3.6.1.1.2    The Scaffold & Access Industry Association
3.6.1.2    American National Standards Institute (ANSI)
3.6.1.2.1    ANSI/SAIA A92.2-2015
3.6.1.2.2    ANSI/SAIA A92.5-2006 (R2014)
3.6.2    Europe
3.6.2.1    EN280:2013
3.6.2.2    Provision and Use of Work Equipment Regulations (PUWER)
3.6.2.3    Russia
3.6.2.3.1    EurAsian Conformity Mark (EAC)
3.6.2.3.2    European Union Standards
3.6.2.3.3    Emission Controls Standards
3.6.3    Asia Pacific
3.6.3.1    NTPC
3.6.4    Latin America
3.6.4.1    NR12
3.6.5    MEA
3.6.5.1    Occupational Health & Safety Act, 1993
3.6.5.2    Driven machinery regulations, 2011
3.6.5.3    The South African Bureau of Standards (SABS)
3.6.5.4    ZABS (ZS 385)
3.6.5.5    OSH Regulations
3.6.5.6    GCC Standardization Organization - GSO 42:2015
3.7    Industry impact forces
3.7.1    Growth drivers
3.7.1.1    Increasing infrastructure investments globally
3.7.1.2    Rising equipment rental demand in the U.S.
3.7.1.3    Increasing rate of urbanization in the U.S.
3.7.1.4    Increasing infrastructure and industrial projects in Russia
3.7.1.5    Growing demand for AWPs in China
3.7.1.6    Growing urbanization and safety concerns in India
3.7.1.7    Rapid infrastructure development in BRIC countries
3.7.1.8    Growing reconstruction and maintenance activities in Japan
3.7.2    Industry pitfalls and challenges
3.7.2.1    Optimizing fleet utilization
3.7.2.2    Lack of trained operators
3.7.2.1    Lack of awareness
3.8    Growth potential analysis
3.9    Porter’s analysis
3.10   Competitive landscape, by region, 2016
3.10.1    North America
3.10.2    Europe
3.10.2.1      Russia
3.10.3    Asia Pacific
3.10.4    Latin America
3.10.5    MEA
3.11    PESTEL analysis

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.