Press release
Aerial Work Platform (AWP) Rental Market Analysis by Key Players Prince Lift, AJ Networks, YK Construction Equipment, Korea Rental Corporation
Aerial Work Platform (AWP) Rental Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Aerial Work Platform (AWP) Rental Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2057045/?utm_source=openpr.com&utm_medium=RV
South Korea AWP Rental Market is expected to exceed USD 350 million by 2025. The increasing need for infrastructure inspection and maintenance of high-rise establishments are anticipated to drive the South Korea AWP rental market growth. Reconstruction activities in the country are on the rise following a number of natural calamities such as landslides, winter storms, floods, and tsunamis. Recovery from such natural disasters coupled with the increasing efforts to address the aging infrastructure is leading to high utilization rates of the equipment. Moreover, several conflicts with neighboring countries such as North Korea and war devastations are encouraging reconstruction projects adding up to the industry growth prospects.
The South Korea AWP rental market is matured in terms of utilization, awareness, and the significance of the equipment. The growth prospects are optimistic with the increasing demand and profitability of companies operating in the rental marketplace. The demand for AWPs is growing, mostly driven by the strong demand from the infrastructure sector as well as manufacturing & warehousing facilities for the maintenance of existing infrastructures. Major customers for rental providers include Samsung Display, Samsung Electro-Mechanics, LG, Hyundai Heavy Industries, etc., that utilize this equipment for maintenance works. Rental operators in the South Korea AWP rental market continue to hope for increasing rental rates with the procurement of new machines as the utilization rate is increasing year-on-year.
The access platforms provide a reliable and safe way to access energized overhead power lines, making them a suitable choice for use in government applications in the South Korea AWP Rental Market. Companies are working on incorporating remote control systems into AWPs, which will further escalate market growth. Government initiatives for providing power, water, and other utilities to all the South Korean regions are supporting heavy investments in infrastructure development and installments. Furthermore, the constant maintenance of these facilities and power lines requires aerial lifts to reach inaccessible & highly elevated locations. The government has also largely invested in the construction of buildings, roadways, and transportation points to advance the infrastructure of the country and provide better facilities for the local population, creating several opportunities for South Korea AWP rental market growth.
The South Korea AWP rental market comprises several companies including Prince Lift, AJ Networks, YK Construction Equipment, Korea Rental Corporation, etc. Rental operators continue to hope for increasing rental rates with the procurement of new machines as the utilization rate is increasing year-on-year. Companies are increasingly focusing on enhancing their fleet size. In September 2018, YK Construction Equipment signed a deal with Snorkel and invested in an order of 142 scissor lifts. The order included 42 electric slab scissor lifts and 100 electric scissor lifts.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/2057045/?utm_source=openpr.com&utm_medium=RV
Research objectives:
To study and analyze the global Aerial Work Platform (AWP) Rental size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Aerial Work Platform (AWP) Rental by identifying its various subsegments.
Focuses on the key global Aerial Work Platform (AWP) Rental players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aerial Work Platform (AWP) Rental with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Aerial Work Platform (AWP) Rental submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
Report Content
Chapter 1. Methodology and Scope
1.1. Definitions & forecast parameters
1.1.1. Definitions
1.1.2. Methodology and forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. South Korea AWP rental industry 360 degree synopsis, 2015 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
Chapter 3. South Korea AWP Rental Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2025
3.2.1. Rental landscape
3.2.1.1. Pros and cons - rent vs purchase AWPs
3.2.1.2. Cost calculator - rent vs purchase AWPs
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.4. End-use landscape
3.3.5. Vendor matrix
3.4. Technology & innovation landscape
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
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 Aerial Work Platform (AWP) Rental Market Analysis by Key Players Prince Lift, AJ Networks, YK Construction Equipment, Korea Rental Corporation here
News-ID: 2062431 • Views: …
More Releases from Market Study Report LLC
COVID-19 Detection Kits Market Size o witness substantial growth during 2020-202 …
The research report on ‘COVID-19 Detection Kits market’ scrutinizes the current industry scenario to predict market size, market share, and projects valuation for different segmentations of the industry over 2020-2026. It provides business intelligence regarding various factors driving the industry growth in consort with discussing the challenges faced by the industry, and the approaches followed by market players to counter their impact. COVID-19 Detection Kits Market size to grow with…
What's driving the Small Satellite Market trends? Raytheon, Lockheed Martin, Nor …
Market Study Report LLC adds new research on Small Satellite market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Small Satellite market also includes an in-depth study of the industry competitive scenario.
The global Small Satellite market is valued at 1340 million US$ in 2018…
What's driving the Antibiotics Market trends? Sanofi, Novartis AG, Pfizer Inc., …
Market Study Report LLC has added a new report on Antibiotics market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Antibiotics market in tandem with its competitive terrain.
The antibiotics was valued at US$ 43,348.38 million in 2019 and is…
What's driving the Electrical House (E-House) Market trends? Schneider Electric, …
Market Study Report LLC has added a new report on Electrical House (E-House) market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Electrical House (E-House) market in tandem with its competitive terrain.
Electrical House (E-House), also called Power House, is…
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…
