Please Wait.....
Report
Crane Rental Market by Type (Mobile, Fixed), End-Use Industry (Building & Construction, Oil & Gas, Marine & Offshore, Mining & Excavation, Transportation), Weightlifting Capacity (Low, Low-Medium, Heavy, Extreme Heavy) & Region - Global Forecast to 2029
Market Report I 2024-07-11 I 248 Pages I MarketsandMarkets
The Cranes rental market is projected to reach USD 64.8 Billion by 2029, at a CAGR of 5.1% from USD 50.6 Billion in 2024.
The cranes rental market is driven by several key factors, including the ongoing global expansion in construction and infrastructure development, particularly in emerging economies where urbanization and industrialization are accelerating. Additionally, the increased focus on cost-efficiency encourages companies to opt for rentals over purchases to avoid the high capital expenditure associated with buying new equipment. Technological advancements, such as telematics and remote monitoring, enhance the appeal of renting over owning by improving operational efficiencies and reducing downtime. Environmental regulations and sustainability goals also play a significant role, pushing companies towards renting newer, eco-friendly models that comply with stricter emission standards. Furthermore, the flexibility offered by rental agreements allows businesses to adapt quickly to changing project needs and market conditions, making crane rentals a more versatile option for companies needing specialized lifting capabilities for short-term projects.
"Mobile cranes type, is expected to be the largest type segment for Cranes rental market during the forecast period, in terms of value."
Mobile cranes are often preferred over fixed cranes due to their versatility, mobility, and cost-effectiveness, making them highly adaptable to a variety of construction scenarios. Unlike fixed cranes, which require significant installation efforts and are stationary, mobile cranes can be easily transported from one site to another, facilitating quick transitions and reducing downtime between construction phases. This mobility is crucial for projects that span large areas or multiple sites, allowing for seamless repositioning. Additionally, mobile cranes are available in several configurations to handle different terrains and lifting needs, such as rough-terrain cranes for uneven sites and all-terrain cranes that combine the capabilities of truck-mounted and rough-terrain cranes. This versatility is complemented by a simpler setup process, which does not require the long preparation times or the extensive infrastructure and support that fixed cranes do. Cost-wise, mobile cranes eliminate the need for permanent crane installations, making them a more economical choice for projects with limited duration or budget constraints. Furthermore, their ability to operate within confined spaces and their relatively lower initial investment and maintenance costs make mobile cranes a practical option for many projects, especially in urban environments where space and financial efficiency are paramount. Overall, the preference for mobile cranes in many construction projects stems from their ability to offer significant operational flexibility, reduced setup times, and cost savings, catering effectively to the dynamic needs of modern construction environments.
"low weightlifting capacity cranes is expected to be the largest eightlifting capacity segment for Cranes rental market during the forecast period, in terms of value."
Low weightlifting capacity cranes are often preferred over higher capacity cranes for a variety of reasons, particularly in urban and residential construction projects where space is limited and precision is required. These cranes, typically able to handle loads from a few tons up to around 20 tons, are highly valued for their compactness and maneuverability, enabling them to operate efficiently in constrained environments where larger cranes would be impractical or impossible to deploy. This smaller size significantly reduces the logistical challenges associated with transporting and setting up large-scale cranes, such as road closures, heavy transport permits, and the extensive setup time that larger cranes necessitate. Additionally, low capacity cranes require less power and are more economical to operate, not only in terms of fuel consumption but also in terms of operational costs, including hiring skilled operators and the necessary supporting infrastructure. Their ease of use and reduced footprint also minimize the impact on surrounding areas-a crucial factor in city centers and active commercial zones where minimizing disruption is essential. Furthermore, these cranes are versatile enough to perform a wide range of tasks, from lifting construction materials to installing prefabricated components, making them indispensable tools in the modern construction toolkit. Given these advantages, low weightlifting capacity cranes offer an optimal balance of functionality, efficiency, and cost-effectiveness, making them a preferred choice for projects that do not require extremely heavy lifting but still demand high levels of precision and flexibility..
"Building & construction is expected to be the fastest growing end-use industry segment for Cranes rental market during the forecast period, in terms of value."
The building and construction segment is the largest end-use industry for the crane rental market, significantly outpacing sectors like mining, excavation, transportation, and offshore drilling. This predominance is primarily due to the vast scale and continuous nature of construction activities across the globe. Urbanization and economic growth are fueling extensive residential, commercial, and infrastructural projects, particularly in emerging economies, which inherently require a wide range of crane services. Unlike the mining and offshore industries, which are subject to cyclical market conditions and can be highly sensitive to global economic shifts and commodity price fluctuations, the construction sector benefits from a more stable demand curve, driven by ongoing urban expansion and governmental infrastructure initiatives.
Furthermore, construction projects often involve multiple, versatile applications for cranes, from lifting raw materials to placing prefabricated parts, necessitating diverse types of cranes, such as mobile, tower, and truck-mounted cranes. This variety widens the scope of rental opportunities within the sector. In contrast, industries like mining or offshore drilling typically require specialized equipment and are often located in remote or environmentally sensitive areas, which can complicate logistics and increase operational costs.
Additionally, regulatory and environmental considerations in urban and developed environments tend to favor the rental model over purchasing cranes. Renting allows construction companies to adapt to varying project needs without the long-term financial commitment of owning equipment, which can be particularly advantageous in meeting the stringent safety and emissions regulations commonly enforced in urban construction scenarios.
The consistent, year-round demand combined with regulatory advantages and the diverse application of cranes in construction projects cements the building and construction industry's position as the primary customer base in the crane rental market. This sector's robustness ensures that crane rental services remain integral to meeting the logistical challenges posed by modern construction demands, further solidifying its dominance over other industries reliant on crane usage.
"Based on region, Asia pacific was the largest market for Cranes rental market in 2023."
Asia Pacific holds the distinction of being the largest market for crane rentals, a status driven by several key factors that differentiate it from other regions. First and foremost, rapid urbanization across many Asian countries, notably China, India, and Southeast Asian nations, has led to an unprecedented scale of construction activity. These countries are seeing extensive development in both urban and rural areas, including the construction of residential buildings, commercial complexes, and critical infrastructure like roads, bridges, and airports. Such vast and varied construction activity requires a broad array of cranes, making crane rental services indispensable. Furthermore, Asia Pacific benefits from a robust economic growth trajectory, which fuels investment in both public and private construction projects. Governments in the region are prioritizing infrastructure development as a means to boost economic growth, enhance connectivity, and improve living standards, which in turn drives the demand for cranes. Additionally, initiatives like China's Belt and Road Initiative and India's Smart Cities Mission catalyze significant regional development projects, demanding extensive use of rental cranes for efficient completion.
The regions focus on infrastructure as a pathway to economic stability and growth has made it a fertile ground for the crane rental market. Unlike Western markets that may already have substantial infrastructure in place and therefore show a slower rate of large-scale construction, Asia Pacific continues to expand its infrastructure footprint aggressively.
Moreover, the cost-sensitivity in many Asia Pacific markets makes renting a more viable option than purchasing. Rental services offer flexibility and cost-efficiency, critical for the budget-conscious strategies of many companies in the region. This financial pragmatism, combined with a high volume of ongoing construction projects, ensures that the demand for rental cranes remains consistently high, securing Asia Pacific's position as the leading market in the global cranes rental industry.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
By Company Type: Tier 1 - 30%, Tier 2 -35%, and Tier 3 - 35%
By Designation: C-Level - 30%, Director Level - 15%, and Others - 55%
By Region: North America - 20%, Europe -25%, Asia Pacific 35%, Middle East & Africa - 10%, and South America- 10%
The key players in this market are Liebherr (Germany), United Rentals Inc. (US), Palfinger AG (Austria), Furukawa UNIC Corporation (Japan), Serens N.V. (Belgium), Mammoet (Netherlands), The Manitowoc Company, Inc. (US), Action Construction Equipment Ltd. (Japan), Maxim Crane Works (US), Manitex International Inc. (US) etc.
Research Coverage
This report segments the market for the Cranes rental market on the basis of type, end-use, weightlifting capacity and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the Cranes rental market.
Key benefits of buying this report
This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the Cranes rental market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Analysis of key drivers: The market growth is driven by the growing emphasis on sustainable development along with government support and reduced dependency on fossil fuels.
Market Penetration: Comprehensive information on the Cranes rental market offered by top players in the global Cranes rental market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Cranes rental market.
Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for the Cranes rental market across regions.
Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global Cranes rental market.
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Cranes rental market.
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.2.1 INCLUSIONS AND EXCLUSIONS 25
1.3 MARKET SCOPE 25
1.3.1 REGIONS COVERED 26
1.3.2 YEARS CONSIDERED 26
1.4 CURRENCY CONSIDERED 27
1.5 UNITS CONSIDERED 27
1.6 LIMITATIONS 27
1.7 STAKEHOLDERS 27
1.8 SUMMARY OF CHANGES 28
1.8.1 RECESSION IMPACT 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key data from secondary sources 30
2.1.2 PRIMARY DATA 30
2.1.2.1 Key data from primary sources 31
2.1.2.2 Primary data sources 31
2.1.2.3 Key primary participants 31
2.1.2.4 Breakdown of primary interviews 32
2.1.2.5 Key industry insights 32
2.2 BASE NUMBER CALCULATION 33
2.2.1 SUPPLY-SIDE APPROACH 33
2.2.2 DEMAND-SIDE APPROACH 33
2.3 FORECAST NUMBER CALCULATION 33
2.3.1 SUPPLY SIDE 33
2.3.2 DEMAND SIDE 34
2.4 MARKET SIZE ESTIMATION 34
2.4.1 BOTTOM-UP APPROACH 35
2.4.2 TOP-DOWN APPROACH 35
2.5 DATA TRIANGULATION 36
2.6 RESEARCH ASSUMPTIONS 37
2.7 RECESSION IMPACT ANALYSIS 37
2.8 GROWTH FORECAST 37
2.9 RISK ASSESSMENT 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CRANE RENTAL MARKET 43
4.2 CRANE RENTAL MARKET, BY TYPE 43
4.3 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY 44
4.4 CRANE RENTAL MARKET, BY COUNTRY 44
5 MARKET OVERVIEW 45
5.1 INTRODUCTION 45
5.2 MARKET DYNAMICS 45
5.2.1 DRIVERS 46
5.2.1.1 Growing emphasis on smart city developments 46
5.2.1.2 Increasing demand for crane rental solutions from
construction sector 46
5.2.2 RESTRAINTS 47
5.2.2.1 Preference for old cranes by crane rental companies 47
5.2.2.2 Price wars, reduced profit margins, and financial constraints
for new entrants 47
5.2.3 OPPORTUNITIES 48
5.2.3.1 Increasing requirements for installation and maintenance
of wind turbines 48
5.2.3.2 Digitalization in crane rental market 49
5.2.4 CHALLENGES 49
5.2.4.1 Lack of skilled workforce 49
5.2.4.2 High initial investments 50
6 INDUSTRY TRENDS 51
6.1 INTRODUCTION 51
6.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 51
6.2.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CRANE
RENTAL SUPPLIERS 51
6.3 VALUE CHAIN ANALYSIS 52
6.3.1 PROCUREMENT AND ACQUISITION 53
6.3.2 OPERATIONS AND MAINTENANCE 53
6.3.3 MARKETING, SALES, AND CUSTOMER SUPPORT 53
6.3.4 LOGISTICS AND SAFETY COMPLIANCE 53
6.4 PRICING ANALYSIS 54
6.4.1 AVERAGE SELLING PRICE TREND, BY REGION 54
6.4.2 AVERAGE SELLING PRICE TREND, BY TYPE 54
6.4.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE 55
6.5 ECOSYSTEM ANALYSIS 55
6.6 TECHNOLOGY ANALYSIS 57
6.7 PATENT ANALYSIS 58
6.7.1 METHODOLOGY 59
6.7.2 PATENTS GRANTED WORLDWIDE, 2014-2023 59
6.7.3 PATENT PUBLICATION TRENDS 59
6.7.4 INSIGHTS 60
6.7.5 LEGAL STATUS OF PATENTS 60
6.7.6 JURISDICTION ANALYSIS 60
6.7.7 TOP COMPANIES/APPLICANTS 61
6.7.8 LIST OF MAJOR PATENTS 62
6.8 TRADE ANALYSIS 64
6.8.1 IMPORT SCENARIO 64
6.8.2 EXPORT SCENARIO 65
6.9 KEY CONFERENCES AND EVENTS 66
6.10 TARIFF AND REGULATORY LANDSCAPE 66
6.10.1 TARIFF AND REGULATORY REGULATIONS RELATED TO CRANE
RENTAL MARKET 66
6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
6.10.3 REGULATIONS RELATED TO CRANE RENTAL MARKET 71
6.11 PORTER'S FIVE FORCES ANALYSIS 72
6.11.1 BARGAINING POWER OF SUPPLIERS 72
6.11.2 THREAT OF NEW ENTRANTS 73
6.11.3 THREAT OF SUBSTITUTES 73
6.11.4 BARGAINING POWER OF BUYERS 73
6.11.5 INTENSITY OF COMPETITIVE RIVALRY 73
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 74
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 74
6.12.2 BUYING CRITERIA 74
6.13 MACROECONOMIC INDICATORS 76
6.13.1 GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES 76
6.14 CASE STUDY ANALYSIS 77
6.14.1 MAMMOET'S SK350 CRANE: EMPOWERING MONUMENTAL SUCCESS
WITH 7,000 US TON LIFTS 77
6.14.2 GAS-FIRED POWER PLANT MAINTENANCE PROJECT: MAMMOET'S
SUCCESS IN MINIMIZING DOWNTIME 77
7 CRANE RENTAL MARKET, BY TYPE 78
7.1 INTRODUCTION 79
7.2 FIXED CRANES 80
7.2.1 UNPARALLELED STABILITY, HEIGHT, AND LIFTING CAPACITY
TO DRIVE DEMAND 80
7.3 MOBILE CRANES 81
7.3.1 UNMATCHED MOBILITY, VERSATILITY, AND ADAPTABILITY TO VARIOUS JOB SITE CONDITIONS AND PROJECT REQUIREMENTS TO DRIVE DEMAND 81
8 CRANE RENTAL MARKET, BY END USE INDUSTRY 82
8.1 INTRODUCTION 83
8.2 BUILDING & CONSTRUCTION 84
8.2.1 RESIDENTIAL CONSTRUCTION 86
8.2.1.1 Growing preference for rental over ownership of cranes
to drive market 86
8.2.2 COMMERCIAL CONSTRUCTION 86
8.2.2.1 Need to reduce downtime and improve project efficiency
to drive market 86
8.3 INFRASTRUCTURE 87
8.3.1 WIDE-RANGING AND VARIED INFRASTRUCTURE PROJECTS GLOBALLY
TO GENERATE SUBSTANTIAL DEMAND FOR CRANE RENTALS 87
8.4 OIL & GAS 87
8.4.1 DEPENDENCE ON SPECIALIZED LIFTING SOLUTIONS AND REQUIREMENT
FOR OPERATIONAL FLEXIBILITY TO FUEL DEMAND FOR CRANE RENTALS 87
8.5 ENERGY AND POWER 88
8.5.1 REQUIREMENT FOR DIVERSE ARRAY OF LIFTING SOLUTIONS IN ENERGY
AND POWER SECTOR TO DRIVE MARKET 88
8.6 MARINE & OFFSHORE 89
8.6.1 GROWING EMPHASIS ON OFFSHORE WIND FARMS AND RENEWABLE ENERGY PROJECTS TO DRIVE MARKET 89
8.7 MINING & EXCAVATION 89
8.7.1 REQUIREMENT FOR SPECIALIZED LIFTING SOLUTIONS IN REMOTE AND CHALLENGING TERRAINS TO FUEL DEMAND FOR CRANE RENTALS 89
8.8 TRANSPORTATION 90
8.8.1 VARIED TRANSPORT INFRASTRUCTURE PROJECTS AND OPERATIONAL REQUIREMENTS TO DRIVE MARKET 90
8.9 OTHERS 90
8.9.1 MANUFACTURING AND INDUSTRIAL 90
8.9.2 WAREHOUSING AND LOGISTICS 91
8.9.3 AGRICULTURE AND FORESTRY 91
9 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY 92
9.1 INTRODUCTION 93
9.2 LOW 95
9.2.1 SUITABILITY FOR WIDE ARRAY OF TASKS IN VARIOUS INDUSTRIES
TO DRIVE DEMAND 95
9.3 LOW TO MEDIUM 95
9.3.1 DEMAND IN VARIOUS PROJECTS SPANNING MODEST RESIDENTIAL DEVELOPMENTS TO EXPANSIVE INFRASTRUCTURE ENDEAVORS
TO DRIVE MARKET 95
9.4 HEAVY 96
9.4.1 APPLICABILITY IN INTRICATE AND EXTENSIVE PROJECTS SPANNING MULTIPLE INDUSTRIES TO DRIVE DEMAND 96
?
9.5 EXTREME HEAVY 97
9.5.1 DEMAND FOR PRECISE, EFFICIENT, AND SAFE HANDLING OF SPECIALIZED PROJECTS INVOLVING MASSIVE LOADS TO DRIVE MARKET 97
10 CRANE RENTAL MARKET, BY REGION 98
10.1 INTRODUCTION 99
10.2 ASIA PACIFIC 101
10.2.1 RECESSION IMPACT 101
10.2.2 CHINA 106
10.2.2.1 China to lead crane rental market in Asia Pacific during
forecast period 106
10.2.3 JAPAN 108
10.2.3.1 Increasing construction activities post-2011 earthquake
to drive market 108
10.2.4 INDIA 109
10.2.4.1 Increasing investments in infrastructure developments to fuel market 109
10.2.5 AUSTRALIA 110
10.2.5.1 Flourishing mining & excavation industry to drive market 110
10.2.6 SOUTH KOREA 111
10.2.6.1 Infrastructure boom and technological advancements to drive market 111
10.2.7 REST OF ASIA PACIFIC 113
10.3 MIDDLE EAST & AFRICA 114
10.3.1 RECESSION IMPACT 114
10.3.2 GCC COUNTRIES 119
10.3.3 UAE 119
10.3.3.1 Increasing government investments and ongoing construction projects to drive market 119
10.3.4 SAUDI ARABIA 120
10.3.4.1 Flourishing oil & gas industry to contribute to drive market growth 120
10.3.5 REST OF GCC COUNTRIES 121
10.3.6 SOUTH AFRICA 123
10.3.6.1 Change in market dynamics from long-term rental to short-term rental to fuel market 123
10.3.7 REST OF MIDDLE EAST & AFRICA 124
10.4 NORTH AMERICA 125
10.4.1 RECESSION IMPACT 126
10.4.2 US 130
10.4.2.1 Ongoing renovation of old infrastructures and increasing demand for rented cranes from various industries to drive market 130
10.4.3 CANADA 132
10.4.3.1 Increasing investments in infrastructure development projects
to drive market 132
10.4.4 MEXICO 133
10.4.4.1 Increasing private investments in infrastructure development
to drive market 133
10.5 EUROPE 135
10.5.1 RECESSION IMPACT 135
10.5.2 GERMANY 141
10.5.2.1 Increasing infrastructure spending to drive market 141
10.5.3 FRANCE 146
10.5.3.1 Rising investments in construction industry to fuel market 146
10.5.4 UK 147
10.5.4.1 Flourishing construction industry to drive market 147
10.5.5 ITALY 148
10.5.5.1 Recovering construction industry to fuel market 148
10.5.6 SPAIN 150
10.5.6.1 Increasing investments in non-residential projects to drive market 150
10.5.7 SWEDEN 151
10.5.7.1 Increasing government initiatives and flourishing non-residential sector to drive market 151
10.5.8 AUSTRIA 152
10.5.8.1 Expansion of urban areas and commercial building projects
to drive market 152
10.5.9 SWITZERLAND 157
10.5.9.1 Building permit delays to affect crane rental industry 157
10.5.10 REST OF EUROPE 162
10.6 SOUTH AMERICA 163
10.6.1 RECESSION IMPACT 163
10.6.2 BRAZIL 167
10.6.2.1 Flourishing end use industries to drive market 167
10.6.3 ARGENTINA 168
10.6.3.1 Sustainable economic development and foreign direct
investments to drive market 168
10.6.4 REST OF SOUTH AMERICA 170
11 COMPETITIVE LANDSCAPE 171
11.1 INTRODUCTION 171
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 171
11.3 MARKET SHARE ANALYSIS 173
11.3.1 RANKING OF KEY MARKET PLAYERS, 2023 173
11.3.2 MARKET SHARE OF KEY PLAYERS 173
11.4 REVENUE ANALYSIS 175
11.5 BRAND/PRODUCT COMPARISON 176
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 176
11.6.1 STARS 176
11.6.2 EMERGING LEADERS 176
11.6.3 PERVASIVE PLAYERS 177
11.6.4 PARTICIPANTS 177
11.6.5 COMPANY FOOTPRINT 178
11.6.5.1 Company footprint 178
11.6.5.2 Type footprint 179
11.6.5.3 Weightlifting capacity footprint 179
11.6.5.4 End use industry footprint 180
11.6.5.5 Region footprint 181
11.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 181
11.7.1 PROGRESSIVE COMPANIES 181
11.7.2 RESPONSIVE COMPANIES 181
11.7.3 DYNAMIC COMPANIES 181
11.7.4 STARTING BLOCKS 181
11.7.5 COMPETITIVE BENCHMARKING 182
11.7.5.1 Detailed list of key start-ups/SMEs 182
11.7.5.2 Competitive benchmarking of key start-ups/SMEs 183
11.7.6 COMPANY VALUATION AND FINANCIAL METRICS 186
11.8 COMPETITIVE SCENARIOS AND TRENDS 187
11.8.1 PRODUCT LAUNCHES 187
11.8.2 DEALS 187
11.8.3 OTHER DEVELOPMENTS 191
12 COMPANY PROFILES 192
12.1 KEY PLAYERS 192
12.1.1 UNITED RENTALS INC. 192
12.1.1.1 Business overview 192
12.1.1.2 Products/Solutions/Services offered 193
12.1.1.3 Recent developments 194
12.1.1.4 MnM view 195
12.1.1.4.1 Key strengths 195
12.1.1.4.2 Strategic choices 195
12.1.1.4.3 Weaknesses and competitive threats 195
12.1.2 LIEBHERR 196
12.1.2.1 Business overview 196
12.1.2.2 Products/Solutions/Services offered 196
12.1.2.3 Recent development 197
12.1.2.4 MnM view 198
12.1.2.4.1 Key strengths 198
12.1.2.4.2 Strategic choices 198
12.1.2.4.3 Weaknesses and competitive threats 199
12.1.3 PALFINGER AG 200
12.1.3.1 Business overview 200
12.1.3.2 Products/Solutions/Services offered 201
12.1.3.3 Recent development 201
12.1.3.4 MnM view 202
12.1.3.4.1 Key strengths 202
12.1.3.4.2 Strategic choices 202
12.1.3.4.3 Weaknesses and competitive threats 202
12.1.4 FURUKAWA UNIC CORPORATION 203
12.1.4.1 Business overview 203
12.1.4.2 Products/Solutions/Services offered 204
12.1.4.3 MnM view 204
12.1.4.3.1 Key strengths 204
12.1.4.3.2 Strategic choices 204
12.1.4.3.3 Weaknesses and competitive threats 205
12.1.5 SARENS NV 206
12.1.5.1 Business overview 206
12.1.5.2 Products/Solutions/Services offered 206
12.1.5.3 Recent development 207
12.1.5.4 MnM view 209
12.1.5.4.1 Key strengths 209
12.1.5.4.2 Strategic choices 209
12.1.5.4.3 Weaknesses and competitive threats 209
12.1.6 MAMMOET 210
12.1.6.1 Business overview 210
12.1.6.2 Products/Solutions/Services offered 210
12.1.6.3 Recent developments 212
12.1.6.4 MnM view 214
12.1.6.4.1 Key strengths 214
12.1.6.4.2 Strategic choices 214
12.1.6.4.3 Weaknesses and competitive threats 214
12.1.7 THE MANITOWOC COMPANY INC. 215
12.1.7.1 Business overview 215
12.1.7.2 Products/Solutions/Services offered 215
12.1.7.3 Recent developments 216
12.1.7.4 MnM view 216
12.1.7.4.1 Key strengths 216
12.1.7.4.2 Strategic choices 216
12.1.7.4.3 Weaknesses and competitive threats 217
12.1.8 MAXIM CRANE WORKS 218
12.1.8.1 Business overview 218
12.1.8.2 Products/Solutions/Services offered 219
12.1.8.3 MnM view 220
12.1.8.3.1 Key strengths 220
12.1.8.3.2 Strategic choices 220
12.1.8.3.3 Weaknesses and competitive threats 220
12.1.9 ACTION CONSTRUCTION EQUIPMENT LTD. 221
12.1.9.1 Business overview 221
12.1.9.2 Products/Solutions/Services offered 222
12.1.9.3 Recent developments 223
12.1.9.4 MnM view 224
12.1.9.4.1 Key strengths 224
12.1.9.4.2 Strategic choices 224
12.1.9.4.3 Weaknesses and competitive threats 224
12.1.10 MANITEX INTERNATIONAL INC. 225
12.1.10.1 Business overview 225
12.1.10.2 Products/Solutions/Services offered 225
12.1.10.3 Recent developments 226
12.1.10.4 MnM view 226
12.1.10.4.1 Key strengths 226
12.1.10.4.2 Strategic choices 226
12.1.10.4.3 Weaknesses and competitive threats 227
12.2 OTHER PLAYERS 228
12.2.1 WELDEX (INTERNATIONAL) OFFSHORE LTD. 228
12.2.2 MEDIACO GROUP 229
12.2.3 BUCKNER HEAVYLIFT CRANES, LLC 230
12.2.4 VMS EQUIPMENT 230
12.2.5 DAIKYO KENKI CO., LTD. 231
12.2.6 EUROGRUAS 232
12.2.7 SHINSEI MACHINERY CO., LTD. 233
12.2.8 AMERICAN CRANE RENTAL, INC. 234
12.2.9 SANGHVI MOVERS LIMITED 235
12.2.10 DEEP SOUTH CRANE & RIGGING LLC 236
12.2.11 STARLOG ENTERPRISES LIMITED 237
12.2.12 MYCRANE 238
12.2.13 LAMPSON INTERNATIONAL LLC 239
12.2.14 IMPERIAL CRANES 240
12.2.15 BKL BAUKRAN LOGISTIK GMBH 241
13 APPENDIX 242
13.1 DISCUSSION GUIDE 242
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 245
13.3 CUSTOMIZATION OPTIONS 246
13.4 RELATED REPORTS 246
13.5 AUTHOR DETAILS 247
TABLE 1 AVERAGE SELLING PRICE OF CRANE RENTAL, BY REGION, 2020-2028 (USD/UNIT) 54
TABLE 2 AVERAGE SELLING PRICE, BY TYPE, 2020-2028 (USD/UNIT) 54
TABLE 3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE,
2020-2028 (USD/UNIT) 55
TABLE 4 CRANE RENTAL MARKET: ECOSYSTEM 56
TABLE 5 KEY TECHNOLOGIES IN CRANE RENTAL MARKET 57
TABLE 6 COMPLEMENTARY TECHNOLOGIES IN CRANE RENTAL MARKET 58
TABLE 7 ADJACENT TECHNOLOGIES IN CRANE RENTAL MARKET 58
TABLE 8 CRANE RENTAL MARKET: TOTAL NUMBER OF PATENTS 59
TABLE 9 CRANE RENTAL MARKET: LIST OF MAJOR PATENT OWNERS 61
TABLE 10 CRANE RENTAL MARKET: LIST OF MAJOR PATENTS, 2018-2024 62
TABLE 11 CRANE RENTAL MARKET: LIST OF KEY CONFERENCES & EVENTS, 2024 66
TABLE 12 TARIFF RELATED TO CRANE RENTAL MARKET, BY COUNTRY/REGION 66
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 68
TABLE 16 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT
AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 17 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 70
TABLE 18 LIST OF REGULATIONS FOR CRANE RENTAL MARKET 71
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
END USE INDUSTRIES 74
TABLE 20 KEY BUYING CRITERIA FOR END USE INDUSTRIES 75
TABLE 21 PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE)
OF KEY COUNTRIES, 2018-2025 76
TABLE 22 CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 79
TABLE 23 CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 80
TABLE 24 CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 80
TABLE 25 CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 80
TABLE 26 CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 84
TABLE 27 CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 84
TABLE 28 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 93
TABLE 29 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 94
TABLE 30 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2020-2023 (UNITS) 94
TABLE 31 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2024-2029 (UNITS) 94
TABLE 32 CRANE RENTAL MARKET, BY REGION, 2020-2023 (USD MILLION) 99
TABLE 33 CRANE RENTAL MARKET, BY REGION, 2024-2029 (USD MILLION) 100
TABLE 34 CRANE RENTAL MARKET, BY REGION, 2020-2023 (UNITS) 100
TABLE 35 CRANE RENTAL MARKET, BY REGION, 2024-2029 (UNITS) 100
TABLE 36 ASIA PACIFIC: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 102
TABLE 37 ASIA PACIFIC: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 103
TABLE 38 ASIA PACIFIC: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (UNITS) 103
TABLE 39 ASIA PACIFIC: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (UNITS) 103
TABLE 40 ASIA PACIFIC: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 104
TABLE 41 ASIA PACIFIC: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 104
TABLE 42 ASIA PACIFIC: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 104
TABLE 43 ASIA PACIFIC: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 104
TABLE 44 ASIA PACIFIC: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 104
TABLE 45 ASIA PACIFIC: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 105
TABLE 46 ASIA PACIFIC: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 105
TABLE 47 ASIA PACIFIC: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 105
TABLE 48 ASIA PACIFIC: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 106
TABLE 49 ASIA PACIFIC: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 106
TABLE 50 CHINA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION 107
TABLE 51 CHINA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION 107
TABLE 52 JAPAN: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 108
TABLE 53 JAPAN: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 109
TABLE 54 INDIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 110
TABLE 55 INDIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 110
TABLE 56 AUSTRALIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 111
TABLE 57 AUSTRALIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 111
TABLE 58 SOUTH KOREA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 112
TABLE 59 SOUTH KOREA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 112
TABLE 60 REST OF ASIA PACIFIC: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 113
TABLE 61 REST OF ASIA PACIFIC: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 113
TABLE 62 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 115
TABLE 63 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 115
TABLE 64 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY COUNTRY,
2020-2023 (UNITS) 115
TABLE 65 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY COUNTRY,
2024-2029 (UNITS) 116
TABLE 66 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY TYPE,
2020-2023 (USD MILLION) 116
TABLE 67 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY TYPE,
2024-2029 (USD MILLION) 116
TABLE 68 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 116
TABLE 69 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 117
TABLE 70 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2020-2023 (USD MILLION) 117
TABLE 71 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2024-2029 (USD MILLION) 117
TABLE 72 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2020-2023 (UNITS) 117
TABLE 73 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2024-2029 (UNITS) 118
TABLE 74 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 118
TABLE 75 MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 118
TABLE 76 UAE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 119
TABLE 77 UAE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 120
TABLE 78 SAUDI ARABIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 121
TABLE 79 SAUDI ARABIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 121
TABLE 80 REST OF GCC COUNTRIES: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 122
TABLE 81 REST OF GCC COUNTRIES: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 122
TABLE 82 SOUTH AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 123
TABLE 83 SOUTH AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 124
TABLE 84 REST OF MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 124
TABLE 85 REST OF MIDDLE EAST & AFRICA: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 125
TABLE 86 NORTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 127
TABLE 87 NORTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 127
TABLE 88 NORTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (UNITS) 127
TABLE 89 NORTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (UNITS) 127
TABLE 90 NORTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 128
TABLE 91 NORTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 128
TABLE 92 NORTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 128
TABLE 93 NORTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 128
TABLE 94 NORTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 128
TABLE 95 NORTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 129
TABLE 96 NORTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 129
TABLE 97 NORTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 129
TABLE 98 NORTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 130
TABLE 99 NORTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 130
TABLE 100 US: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 131
TABLE 101 US: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 131
TABLE 102 CANADA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 132
TABLE 103 CANADA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 133
TABLE 104 MEXICO: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 134
TABLE 105 MEXICO: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 134
TABLE 106 EUROPE: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 137
TABLE 107 EUROPE: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 137
TABLE 108 EUROPE: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (UNITS) 138
TABLE 109 EUROPE: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (UNITS) 138
TABLE 110 EUROPE: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 138
TABLE 111 EUROPE: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 139
TABLE 112 EUROPE: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 139
TABLE 113 EUROPE: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 139
TABLE 114 EUROPE: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 139
TABLE 115 EUROPE: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 140
TABLE 116 EUROPE: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 140
TABLE 117 EUROPE: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 140
TABLE 118 EUROPE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 141
TABLE 119 EUROPE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 141
TABLE 120 GERMANY CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 142
TABLE 121 GERMANY CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 142
TABLE 122 GERMANY CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 142
TABLE 123 GERMANY CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 142
TABLE 124 GERMANY CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 142
TABLE 125 GERMANY CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 143
TABLE 126 GERMANY CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 143
TABLE 127 GERMANY CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 143
TABLE 128 GERMANY CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (UNITS) 144
TABLE 129 GERMANY CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (UNITS) 144
TABLE 130 GERMANY: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 145
TABLE 131 GERMANY: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 145
TABLE 132 FRANCE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 146
TABLE 133 FRANCE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 147
TABLE 134 UK: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 148
TABLE 135 UK: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 148
TABLE 136 ITALY: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 149
TABLE 137 ITALY: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 149
TABLE 138 SPAIN: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 150
TABLE 139 SPAIN: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 151
TABLE 140 SWEDEN: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 152
TABLE 141 AUSTRIA CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 153
TABLE 142 AUSTRIA GERMANY CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 153
TABLE 143 AUSTRIA CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 153
TABLE 144 AUSTRIA CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 153
TABLE 145 AUSTRIA CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 154
TABLE 146 AUSTRIA CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 154
TABLE 147 AUSTRIA CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 154
TABLE 148 AUSTRIA CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 154
TABLE 149 AUSTRIA CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (UNITS) 155
TABLE 150 AUSTRIA CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (UNITS) 155
TABLE 151 AUSTRIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 156
TABLE 152 AUSTRIA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 156
TABLE 153 SWITZERLAND CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 158
TABLE 154 SWITZERLAND CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 158
TABLE 155 SWITZERLAND CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 158
TABLE 156 SWITZERLAND CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 158
TABLE 157 SWITZERLAND CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 158
TABLE 158 SWITZERLAND CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 159
TABLE 159 SWITZERLAND CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 159
TABLE 160 SWITZERLAND CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 159
TABLE 161 SWITZERLAND CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (UNITS) 160
TABLE 162 SWITZERLAND CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (UNITS) 160
TABLE 163 SWITZERLAND: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 161
TABLE 164 SWITZERLAND: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 161
TABLE 165 REST OF EUROPE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 162
TABLE 166 REST OF EUROPE: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 162
TABLE 167 SOUTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 164
TABLE 168 SOUTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 164
TABLE 169 SOUTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY, 2020-2023 (UNITS) 164
TABLE 170 SOUTH AMERICA: CRANE RENTAL MARKET, BY COUNTRY, 2024-2029 (UNITS) 164
TABLE 171 SOUTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (USD MILLION) 165
TABLE 172 SOUTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (USD MILLION) 165
TABLE 173 SOUTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2020-2023 (UNITS) 165
TABLE 174 SOUTH AMERICA: CRANE RENTAL MARKET, BY TYPE, 2024-2029 (UNITS) 165
TABLE 175 SOUTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (USD MILLION) 165
TABLE 176 SOUTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (USD MILLION) 166
TABLE 177 SOUTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2020-2023 (UNITS) 166
TABLE 178 SOUTH AMERICA: CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,
2024-2029 (UNITS) 166
TABLE 179 SOUTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 167
TABLE 180 SOUTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 167
TABLE 181 BRAZIL: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 168
TABLE 182 BRAZIL: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 168
TABLE 183 ARGENTINA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2020-2023 (USD MILLION) 169
TABLE 184 ARGENTINA: CRANE RENTAL MARKET, BY END USE INDUSTRY,
2024-2029 (USD MILLION) 169
TABLE 185 REST OF SOUTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2020-2023 (USD MILLION) 170
TABLE 186 REST OF SOUTH AMERICA: CRANE RENTAL MARKET, BY END USE INDUSTRY, 2024-2029 (USD MILLION) 170
TABLE 187 OVERVIEW OF STRATEGIES ADOPTED BY CRANE RENTAL MANUFACTURERS 171
TABLE 188 CRANE RENTAL MARKET: DEGREE OF COMPETITION 173
TABLE 189 CRANE RENTAL MARKET: TYPE FOOTPRINT (10 COMPANIES) 179
TABLE 190 CRANE RENTAL MARKET: WEIGHTLIFTING CAPACITY FOOTPRINT (10 COMPANIES) 179
TABLE 191 CRANE RENTAL MARKET: END USE INDUSTRY FOOTPRINT (10 COMPANIES) 180
TABLE 192 CRANE RENTAL MARKET: REGION FOOTPRINT (10 COMPANIES) 181
TABLE 193 CRANE RENTAL MARKET: DETAILED LIST OF KEY START-UPS/SMES 182
TABLE 194 CRANE RENTAL MARKET: END USE INDUSTRY FOOTPRINT ANALYSIS
OF START-UPS/SMES 183
TABLE 195 CRANE RENTAL MARKET: WEIGHTLIFTING CAPACITY FOOTPRINT
ANALYSIS OF START-UPS/SMES 184
TABLE 196 CRANE RENTAL MARKET: TYPE FOOTPRINT ANALYSIS OF START-UPS/SMES 185
TABLE 197 CRANE RENTAL MARKET: REGION FOOTPRINT ANALYSIS OF START-UPS/SMES 185
TABLE 198 CRANE RENTAL MARKET: PRODUCT LAUNCHES, JANUARY 2020?MAY 2024 187
TABLE 199 CRANE RENTAL MARKET: DEALS, JANUARY 2020?MAY 2024 187
TABLE 200 CRANE RENTAL MARKET: OTHER DEVELOPMENTS, JANUARY 2020?MAY 2024 191
TABLE 201 UNITED RENTALS INC.: COMPANY OVERVIEW 192
TABLE 202 UNITED RENTALS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 203 UNITED RENTALS INC.: DEALS 194
TABLE 204 LIEBHERR: COMPANY OVERVIEW 196
TABLE 205 LIEBHERR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 206 LIEBHERR: PRODUCT LAUNCHES 197
TABLE 207 LIEBHERR: DEALS 197
TABLE 208 LIEBHERR: OTHER DEVELOPMENTS 198
TABLE 209 PALFINGER AG: COMPANY OVERVIEW 200
TABLE 210 PALFINGER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 201
TABLE 211 PALFINGER AG: PRODUCT LAUNCHES 201
TABLE 212 FURUKAWA UNIC CORPORATION: COMPANY OVERVIEW 203
TABLE 213 FURUKAWA UNIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
TABLE 214 SARENS NV: COMPANY OVERVIEW 206
TABLE 215 SARENS NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
TABLE 216 SARENS NV: PRODUCT LAUNCHES 207
TABLE 217 SARENS NV: DEALS 207
TABLE 218 SARENS NV: EXPANSIONS 208
TABLE 219 MAMMOET: COMPANY OVERVIEW 210
TABLE 220 MAMMOET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 221 MAMMOET: PRODUCT LAUNCHES 212
TABLE 222 MAMMOET: DEALS 212
TABLE 223 MAMMOET: OTHER DEVELOPMENTS 213
TABLE 224 THE MANITOWOC COMPANY INC.: COMPANY OVERVIEW 215
TABLE 225 THE MANITOWOC COMPANY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215
TABLE 226 THE MANITOWOC COMPANY INC.: DEALS 216
TABLE 227 MAXIM CRANE WORKS: COMPANY OVERVIEW 218
TABLE 228 MAXIM CRANE WORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 229 ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY OVERVIEW 221
TABLE 230 ACTION CONSTRUCTION EQUIPMENT LTD.: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 222
TABLE 231 ACTION CONSTRUCTION EQUIPMENT LTD.: OTHER DEVELOPMENTS 223
TABLE 232 MANITEX INTERNATIONAL INC.: COMPANY OVERVIEW 225
TABLE 233 MANITEX INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 234 MANITEX INTERNATIONAL INC.: DEALS 226
TABLE 235 WELDEX (INTERNATIONAL) OFFSHORE LTD.: COMPANY OVERVIEW 228
TABLE 236 MEDIACO GROUP: COMPANY OVERVIEW 229
TABLE 237 BUCKNER HEAVYLIFT CRANES, LLC: COMPANY OVERVIEW 230
TABLE 238 VMS EQUIPMENT: COMPANY OVERVIEW 230
TABLE 239 DAIKYO KENKI CO., LTD.: COMPANY OVERVIEW 231
TABLE 240 EUROGRUAS: COMPANY OVERVIEW 232
TABLE 241 SHINSEI MACHINERY CO., LTD.: COMPANY OVERVIEW 233
TABLE 242 AMERICAN CRANE RENTAL, INC.: COMPANY OVERVIEW 234
TABLE 243 SANGHVI MOVERS LIMITED: COMPANY OVERVIEW 235
TABLE 244 DEEP SOUTH CRANE & RIGGING LLC: COMPANY OVERVIEW 236
TABLE 245 STARLOG ENTERPRISES LIMITED: COMPANY OVERVIEW 237
TABLE 246 MYCRANE: COMPANY OVERVIEW 238
TABLE 247 LAMPSON INTERNATIONAL LLC: COMPANY OVERVIEW 239
TABLE 248 IMPERIAL CRANES: COMPANY OVERVIEW 240
TABLE 249 BKL BAUKRAN LOGISTIK GMBH: COMPANY OVERVIEW 241
FIGURE 1 CRANE RENTAL MARKET SEGMENTATION 25
FIGURE 2 CRANE RENTAL MARKET: RESEARCH DESIGN 29
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH 33
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH 33
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 34
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 35
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 35
FIGURE 8 CRANE RENTAL MARKET: DATA TRIANGULATION 36
FIGURE 9 LOW WEIGHTLIFTING CAPACITY SEGMENT TO DOMINATE MARKET
BETWEEN 2024 AND 2029 40
FIGURE 10 MOBILE CRANES SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029 40
FIGURE 11 BUILDING & CONSTRUCTION SEGMENT TO LEAD MARKET DURING
FORECAST PERIOD 41
FIGURE 12 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 42
FIGURE 13 GROWING DEMAND FROM INFRASTRUCTURE SECTOR TO DRIVE MARKET 43
FIGURE 14 FIXED CRANES SEGMENT TO REGISTER HIGHER CAGR THAN MOBILE
CRANES SEGMENT DURING FORECAST PERIOD 43
FIGURE 15 LOW WEIGHTLIFTING CAPACITY SEGMENT TO REGISTER HIGHEST
CAGR DURING FORECAST PERIOD 44
FIGURE 16 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 44
FIGURE 17 CRANE RENTAL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 45
FIGURE 18 REVENUE SHIFT OF CRANE RENTAL MARKET 52
FIGURE 19 OVERVIEW OF CRANE RENTAL MARKET VALUE CHAIN 52
FIGURE 20 AVERAGE SELLING PRICE TREND OF CRANE RENTAL, BY REGION 54
FIGURE 21 CRANES RENTAL MARKET: AVERAGE SELLING PRICE TREND OF
KEY PLAYERS, BY TYPE 55
FIGURE 22 NUMBER OF PATENTS GRANTED (2014?2023) 59
FIGURE 23 CRANE RENTAL MARKET: LEGAL STATUS OF PATENTS 60
FIGURE 24 PATENT ANALYSIS FOR CRANE RENTAL, BY JURISDICTION, 2014?2023 60
FIGURE 25 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST 10 YEARS 61
FIGURE 26 IMPORTS OF CRANE RENTAL FOR HS CODE 842619, BY COUNTRY,
2020-2023 (USD THOUSAND) 64
FIGURE 27 IMPORTS OF CRANE RENTAL FOR HS CODE 842620, BY COUNTRY,
2020-2023 (USD THOUSAND) 64
FIGURE 28 EXPORTS OF CRANE RENTAL FOR HS CODE 842619, BY COUNTRY,
2020-2023 (USD THOUSAND) 65
FIGURE 29 EXPORTS OF CRANE RENTAL FOR HS CODE 842620, BY COUNTRY,
2020-2023 (USD THOUSAND) 65
FIGURE 30 PORTER'S FIVE FORCES ANALYSIS 72
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP
THREE END USE INDUSTRIES 74
FIGURE 32 KEY BUYING CRITERIA FOR END USE INDUSTRIES 75
FIGURE 33 MOBILE CRANES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 79
FIGURE 34 BUILDING & CONSTRUCTION SEGMENT TO LEAD MARKET DURING
FORECAST PERIOD 83
FIGURE 35 LOW WEIGHTLIFTING CAPACITY SEGMENT TO LEAD MARKET
DURING FORECAST PERIOD 93
FIGURE 36 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 99
FIGURE 37 ASIA PACIFIC: CRANE RENTAL MARKET SNAPSHOT 102
FIGURE 38 NORTH AMERICA: CRANE RENTAL MARKET SNAPSHOT 126
FIGURE 39 EUROPE: CRANE RENTAL MARKET SNAPSHOT 136
FIGURE 40 RANKING OF TOP FIVE PLAYERS IN CRANE RENTAL MARKET, 2023 173
FIGURE 41 SHARE OF KEY PLAYERS IN CRANE RENTAL MARKET, 2023 174
FIGURE 42 REVENUE ANALYSIS OF KEY PLAYERS, 2021-2024 175
FIGURE 43 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY SEGMENTS 176
FIGURE 44 CRANE RENTAL MARKET: COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023 177
FIGURE 45 CRANE RENTAL MARKET: COMPANY FOOTPRINT 178
FIGURE 46 CRANE RENTAL MARKET: COMPANY EVALUATION MATRIX,
START-UPS/SMES, 2023 182
FIGURE 47 EV/EBITDA OF KEY VENDORS 186
FIGURE 48 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK
BETA OF KEY VENDORS 186
FIGURE 49 UNITED RENTALS INC.: COMPANY SNAPSHOT 193
FIGURE 50 PALFINGER AG: COMPANY SNAPSHOT 200
FIGURE 51 FURUKAWA UNIC CORPORATION: COMPANY SNAPSHOT 203
FIGURE 52 MAXIM CRANE WORKS: COMPANY SNAPSHOT 219
FIGURE 53 ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY SNAPSHOT 222
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security