openPR Logo
Press release

(AWP) Aerial Work Platform Rental Market Revenue, Trend 2018-2024 By Top Players - United Rentals, Ashtead Group, Blueline Rentals, Aktio Corporation, Herc Holdings, Loxam, Haulotte Group, Riwal and Nesco Rentals.

11-26-2018 12:00 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc

(AWP) Aerial Work Platform Rental Market

(AWP) Aerial Work Platform Rental Market

(AWP) Aerial Work Platform Rental Market is expected to exceed USD 24 billion by 2024. Increasing investments for the construction of infrastructures such as such as manufacturing facilities, airports, power plants, and roadways are expected to drive the AWP rental market during the forecast timeline.

In addition, various government initiatives focusing on improving the existing infrastructures further contribute towards the demand. With an increase in the number of accidents due to the human involvement in construction works, companies are focusing on adopting sophisticated equipment for construction activities for the safety of workers, leading to an increase in the demand for aerial platforms market globally.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/2414

Some of the players in the AWP Rental Market comprise Ashtead Group, Herc Holdings, United Rentals, Loxam, Blueline Rentals, Riwal, Aktio Corporation, Kilotou, Haulotte Group, and Nesco Rentals. The MEWP rental market is extremely fragmented in nature due to large number of participants operating in the industry, driving the entry of small players providing advanced machinery to stay competitive in the industry. Players are increasingly focusing on expanding the fleet size by investing heavily in new equipment to meet the ever-increasing demand from transportation & logistics and construction sectors.

Growing demand from the construction and industrial sectors is enabling the operators to continuously enhance the fleet and improve the rental rates. Furthermore, increasing utilization of access platforms in manufacturing plants as well as by telecommunication firms for material handling, installation, and maintenance applications respectively is contributing to the access platform rental market demand.

Aerial Work Platform (AWP) Truck Market by product

• Boom Lifts
• Scissor Lifts
• Vertical Mast Lift
• Personnel Portable Lift

Aerial Work Platform (AWP) Truck Market by application

• Construction
• Telecommunication
• Transport & Logistics
• Government

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

Factors such as lack of knowledge related to the usage of AWPs coupled with the low availability of trained operators are hindering the AWP rental market growth. Non-availability of trained employees, low-usage of high-performance technologies, and weak infrastructure are resulting in inadequacies, which are creeping into construction projects, further limiting the industry demand.

Growing demand for scissor lifts to elevate individuals, as well as equipment in hard-to-reach places, is anticipated to fuel the mobile elevated work platform (MEWP) rental market. The pantograph pattern of the links in scissor lifts enables precise vertical motion, which is a major factor boosting the demand for scissor lifts globally. This equipment’ also offers the flexibility of powering modes that include mechanical, hydraulic, or pneumatic, making them a convenient option for construction sites. The sturdy crisscross structure of the lifts ensures complete safety while lifting people. The range of applications of scissor lifts in various industries including aerospace, mining, oil & gas, automotive, port building, and construction is also anticipated to escalate the demand for scissor lifts in the AWP rental market.

The construction segment dominates the overall access platform rental market with a significant part of the revenue generated from construction applications. Increasing number of construction projects globally is expected to boost the AWP rental market over the forecast timeline. The use of traditional construction methods in construction works is reducing the productivity, which is boosting the demand for AWPs owing to the advantages offered such as safety in operations and fast working speeds. In addition, the increased government investments in infrastructural activities have provided the potential for the increased growth of the AWP rental market. For instance, the U.S. government is focusing on infrastructure development and plans to spend USD 1 trillion to rebuild the country’s roads, tunnels, bridges, airports, and other infrastructure by 2028.

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

Asia Pacific MEWP rental market is set to witness growth over the forecast timeline. The growth can be credited to the growing number of infrastructure projects, maintenance of high-rise establishments, and inspection activities in the region. In China, the growing requirement for MEWPs has been witnessed in the infrastructure development, particularly in the urban infrastructure. China has been increasing its focus on replacing scaffolding by renting an increasing number of AWPs to offer a safe environment for the workers, further contributing to the sector growth.

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.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release (AWP) Aerial Work Platform Rental Market Revenue, Trend 2018-2024 By Top Players - United Rentals, Ashtead Group, Blueline Rentals, Aktio Corporation, Herc Holdings, Loxam, Haulotte Group, Riwal and Nesco Rentals. here

News-ID: 1398600 • Views:

More Releases from Global Market Insights, Inc

Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Systems, Esaote, Fujifilm, B. Braun, GE Healthcare, Koninklijke Philips
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition. Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bhd, Fortis Healthcare, Apollo Hospitals
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Healthcare, Hitachi Medical, Hologic, Canon Medical Systems, Neusoft Medical Systems
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad International, DowDuPont Inc, Ercon Inc., Gwent Group, Johnson & Johnson
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This

All 5 Releases


More Releases for AWP

AWP Rental Market Current Trends Analysis and Growth Projection over 2019 – 20 …
The emerging trend of the contractors toward renting of the equipment is due to the inherent flexibility that makes AWP the perfect rental equipment. The access AWP rental market is showing a continuous upward trajectory and is expected to witness growth owing to the increased consumer spending followed by growing commercial activities. The increased government investments in infrastructural activities have provided the potential for the increased growth of the AWP
AWP Rental Market to procure substantial revenue over the forecast timespan
Increasing investments for the construction of infrastructures such as such as manufacturing facilities, airports, power plants, and roadways are expected to drive the AWP rental market during the forecast timeline. The sturdy crisscross structure of the lifts ensures complete safety while lifting people. The range of applications of scissor lifts in various industries including aerospace, mining, oil & gas, automotive, port building, and construction is also anticipated to escalate the
Aerial Work Platform Rental (AWP) Market Size, Trends, Global Analysis, Top Comp …
The Global Aerial Work Platform Rental (AWP) Market is valued at 15600 million US$ in 2018 is expected to reach 21300 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025. AWP is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height. They are generally used for temporary, flexible access purposes such as maintenance and construction work
AWP Rental Market Become Dominant At CAGR Of 4% By 2024
North America is anticipated to dominate the AWP Rental Market as a result of repair and maintenance of existing structures, and the rapid development of the construction industry in the region. Other major trends in the industry that are contributing significantly to the regional growth include strict adherence to human safety concerns by companies offering rental equipment. In addition, competition between leading players to offer enhanced after sales and maintenance
Global Scissor AWP Market 2018 - Terex, JLG, Aichi, Haulotte, Skyjack
Apex Market Reports, recently published a detailed market research study focused on the “Scissor AWP Market” across the global, regional and country level. The report provides 360° analysis of “Scissor AWP Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Scissor AWP on
Global Telescoping Boom AWP Market 2018 - Terex, JLG, Aichi, Haulotte, Skyjack
Apex Market Reports, recently published a detailed market research study focused on the “Telescoping Boom AWP Market” across the global, regional and country level. The report provides 360° analysis of “Telescoping Boom AWP Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Telescoping