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Global Construction Scaffolding Rental Market to grow at a CAGR of 5.32% during the period 2017-2021

02-17-2017 03:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MRC Market Research

Market Research analysts forecast the global construction scaffolding rental market to grow at a CAGR of 5.32% during the period 2017-2021.

The the following companies as the key players in the global construction scaffolding rental market: Altrad, Condor, Sunbelt Rentals, ULMA Construction, and United Rentals.

Other Prominent Vendors in the market are: Apollo Scaffold Services, Approved Access Scaffolding, ASA Scaffolding Services, Aspect Scaffolding, Astra Access Services, ASW Scaffolding, AT-PAC, Brand Energy, The Brock Group, Safway, Callmac Scaffolding UK, Cape Contracts Scaffolding, Cameo Scaffolding, Central Access Hire and Sales, Cheam Scaffolding, Cheltenham & Gloucester Scaffolding, Climar Scaffolding, Coles Scaffolding, Marine Scaffolding, MCR Scaffolding, MAC Scaffolding, Mega Scaffold (UK), MR Scaffolding Services, Aichi Shinwa, Asahi Equipment, Inao Leasing, Al-Hayki Scaffolding Services, Al-Futtaim engineering, and Pee Kay Scaffolding & Shuttering.

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Commenting on the report, an analyst from Reports team said: “The latest trend gaining momentum in the market is developing new services completing rental offer. Traditionally rental companies used to rent out scaffolding equipment and provide manpower for erection and dismantling of the framework. Since there are very low barriers to entry, construction companies are looking for one-stop solution for all their equipment requirements. This has led to the consolidation in the industry for large rental companies by either acquiring small companies or forming alliances to expand their product offerings as well as increase their geographical presence.

According to the report, one of the major drivers for this market is intensifying safety regulations. The Occupational Safety and Health Administration (OSHA) estimates that roughly 2.3 million construction laborers work on scaffolding platforms. Scaffold-related mishaps cause almost 4,500 injuries and 50 deaths in the US alone. This results in approximately $85 million due to lost workdays. Finding a way to guarantee adherence with the platform guidelines could help managers protect laborers and anticipate noteworthy losses.

Further, the report states that one of the major factors hindering the growth of this market is inefficient management. Rental organizations encountering remarkable development need to scale assets productively to take care of varying market demand and overseeing changes in income profile to enhance usage of the accessible hardware. They additionally need to keep up regular general maintenance and services to amplify re-sale price of the equipment toward the end of the rental life. Without the capacity to forecast and deal with these progressions ideally, rental organizations wind up losing profits as they neglect to meet their planned lowest cost per transaction threshold.

About construction scaffolding rental

Scaffolding is a common term in the construction industry. At the point, when construction staffs need to work at a building or installation, they may require a strategy for accessing the work site. Scaffolding is employed to help construction specialists get access to the work zone. Picking the right scaffolding involves considering the safety perspectives and practicality of the structure. That is the reason there are different types of scaffolding available in the market.

Complete Report Details @ https://marketreportscenter.com/reports/507652/global-construction-scaffolding-rental-market-2017-2021

Covered in this report

The report covers the present scenario and the growth prospects of the global construction scaffolding rental market for 2017-2021. To calculate the market size, the report considers the revenue generated from scaffolding rental across the globe in 2016.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Construction Scaffolding Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Altrad
Condor
Sunbelt Rentals
ULMA Construction
United Rentals
Other prominent vendors
Apollo Scaffold Services
Approved Access Scaffolding
ASA Scaffolding Services
Aspect Scaffolding
Astra Access Services
ASW Scaffolding
AT-PAC
Brand Energy
The Brock Group
Safway
Callmac Scaffolding UK
Cape Contracts Scaffolding
Cameo Scaffolding
Central Access Hire and Sales
Cheam Scaffolding
Cheltenham & Gloucester Scaffolding

Market driver
Intensifying safety regulations
For a full, detailed list, view our report

Market challenge
Inefficient management
For a full, detailed list, view our report

Market trend
Developing new services completing rental offer
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

..…..Continued

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