Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Aerial work platform rental market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07843
Pages: NA
Jun 2021 | 138 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Aerial work platform rental market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Request Now !

Aerial work platform rental is lifting equipment that can be rented for performing various operations in industries like telecommunication, construction, logistics, transportation, and others. These systems are majorly used for applications like installing new structures at heights, repairing ductwork, high up wiring, and more. The main objective of these systems is to provide access for equipment or operators to inaccessible places like those at height. These systems have additional features like being equipped with compressed air connectors or electrical outlets for power tools, carrying window glass frames, and more. 

Market scope and structure analysis:

                    Report Metric

                                         Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value ($Million)

  Segments covered

  Type, application, and region

  Geographies covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

Major players analyzed include Haulotte Group, Herc Holdings Inc., AFI Uplift Ltd., United Rentals, Ashtead Group, Riwal, Loxam, Aktio Corporation, Nesco Rentals, Kilotou, and Sunstate Equipment Company.

 

 

COVID-19 Scenario analysis:

  • Coronavirus has affected a wide range of construction services, which include consultancy, outsourcing, and manpower support for the building industry. The negative trends in the economy of China and India, and some developed nations are anticipated to decline growth of the global construction services industry throughout the globe.
  • Demand for new construction materials have witnessed a massive negative shift since the corona outbreak in December 2019, with manufactures and investors fearing an excessively receding economic growth.
  • Travel prohibitions around the globe have affected the trade of construction materials. Thus, the supply and demand for construction materials are almost halted throughout the globe.
  • Construction materials manufacturing companies located in China, are the major sufferers of from the virus outbreak, owing to lockdown and unavailability of logistics in the region.
  • The major hindrance for the global construction materials market comes from the orders of home quarantine by respective governments, which has led to the discontinuing of production of construction materials.
  • Decreased consumer demand and consumption has led to reduction and slow down of sales of construction materials all over the globe over the course of the current economic year.
  • Therefore, the aerial work platform rental market is expected to be negatively affected in 2020.

Drivers, restraints, and opportunities

Rapid growth in population across the world has resulted in an increasing number of rural and urban infrastructure projects that is a key factor that is expected to drive the aerial work platform rental market in the upcoming years. Besides, advanced features such as improved safety of the systems are raising the demand for the aerial work platform rentals from industrial and infrastructure sectors. Moreover, huge investments by governments for infrastructural developments of roads, telecommunication, power generation, transportation, and more in emerging countries like China and India can potentially fuel the growth of the aerial work platform rental during the forecast period. However, huge costs for the purchase of equipment and lack of skilled operators are the factors that can hinder the market growth. Conversely, new technological advancements like hybridization and electrification technology are anticipated to create new growth opportunities for the aerial work platform rental market in the upcoming years.

Trends in the aerial work platform rental market

Rising adoption of vertical mast lifts

Safety during working at heights is the basic requirement for hiring an aerial work platform rental. There are various types of aerial work platform rentals available in the market that are used to perform a wide range of operations at heights. Among all the types of aerial work platform rentals available, the vertical mast lifts are widely adopted for end-use applications. The reasons for this could be the wide range of features offered by the vertical mast lifts such as a safer and preferable option for complicated industrial maintenance applications, maneuverability. These types of systems are widely adopted in factories, restaurants, exhibition halls, and theaters for applications like cleaning and replacement. In addition, the growing popularity of these systems is due to their flexibility, lightweight, and easy installation. The growing demand for vertical mast lifts can be attributed to the growth of the aerial work platform rental market.  

Huge investments for infrastructural development

Due to factors like rapid urbanization, industrialization, population, and others in emerging countries like China and India, governments of these countries are investing heavily to develop public infrastructure. Government initiatives for new infrastructural projects and the pursuit to build smart cities in these countries can significantly result in the positive growth of the construction sector. For instance, the Indian government announced $1.4 trillion for infrastructure in the Union Budget 2019-20. The money will be utilized for the development of infrastructure of transport, railways, energy and power generation projects, and more. Such huge investments for the development of infrastructure can boost the growth of the construction industry that will eventually result in the positive growth of the aerial work platform market.

Key segments covered:

                 Segments

                           Sub-segments

  Product type

  1. Boom lift
  2. Scissor lift
  3. Vertical mast lift
  4. Personnel portable lift
  5. Others

  Application

  1. Construction
  2. Telecommunication
  3. Transportation & Logistics
  4. Government
  5. Others

 

Key benefits of the report:

  • This study represents the analytical representation of the global aerial work platform rental market combined with the ongoing trends and future predictions to determine investment opportunities.
  • The present market is thoroughly analyzed from 2019 to 2027 to enlighten the aerial work platform rental market growth.
  • The report gives information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the global aerial work platform rental market.
  • Segmentation details of the global aerial work platform rental market.
  • The report gives a comprehensive global aerial work platform rental market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Aerial work platform rental market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers