Cranes Rental Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

The global crane rental market is valued at $40.3 billion in 2018 and is expected to reach $57.67 billion by 2027, growing at a CAGR of 4% from 2021 to 2027. Various end-use industries such as construction and construction, transportation, oil and gas are expected to drive the growth of the crane rental market.

Key Market Players

Companies such as Sarens NV (Belgium), Mammoet (Netherlands), ALL Erection & Crane Rental Corp. (US), Lampson International LLC (US), Action Construction Equipment Ltd. (India), Maxim Crane Works, L.P. (US), ALE (US), Sanghvi Movers Limited (India), and Deep South Crane and Rigging (US) among others, are the major players in the cranes rental market.

Cranes Rental Market- Segmentation

By Type

• Mobile Cranes
• Fixed Cranes

By Weight Lifting Capacity

• Low Weight Lifting Capacity
• Low–Medium Weight Lifting Capacity
• Heavy Weight Lifting Capacity
• Extreme Heavy Weight Lifting Capacity

By End-Use Industry

• Building & Construction
• Oil & Gas
• Marine & Offshore
• Mining & Excavation
• Transportation
• Others

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Cranes Rental Market.
• The market share of the Cranes Rental Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Cranes Rental Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Cranes Rental Market.

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Cranes Rental Market Report

• What was the Cranes Rental Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Cranes Rental Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Cranes Rental Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.