The global cranes rental market size was USD 48.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.1% during the forecast period. Rising demand for rental cranes owing rapid growth of the construction industry and infrastructure development is a key factor driving market revenue growth.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Cranes Rental market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cranes Rental market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Maxim Crane Works, United Rentals Inc., TNT Crane & Rigging, Bigge Crane and Rigging Co, Endeavor Business Media, LLC, Crane Rental Service, Inc., Tadano Ltd, Barracuda Networks, Inc., Barnhart, Bay Crane, Deep South Crane & Rigging, LLC, Lampson International LLC, Sims Crane & Equipment, Sarens n.v./s, Mammoet, BUCKNER HEAVYLIFT CRANES, LLC, Runnion Equipment Company, Imperial Crane, Bragg Companies, and Bishop Lifting

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Emergen Research has segmented the global Cranes Rental market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Type of Cranes Outlook (Revenue, USD Billion; 2019-2032)

  • Mobile Cranes
  • Tower Cranes
  • Telescopic Handlers
  • Overhead Cranes
  • Floating Cranes
  • Gantry Cranes
  • Loader Cranes

• Weight Lifting Capacity Outlook (Revenue, USD Billion; 2019-2032)

  • Low
  • Medium
  • Heavy
  • Extreme Heavy

• End-Use Outlook (Revenue, USD Billion; 2019-2032)

  • Construction and Infrastructure
  • Energy and Utilities
  • Manufacturing
  • Maritime and Ports
  • Mining and Resources
  • Transportation and Logistics
  • Agriculture

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Cranes Rental Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Cranes Rental Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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