Market Study Report adds a new (AWP) Aerial Work Platform Rental Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

AWP Rental Market is set to exceed USD 24 billion by 2024; according to a new research report. Increasing commercial and residential construction projects coupled with the rise in investments in public infrastructure worldwide are expected to support the AWP rental market over the forecast timeline. Government administrations in several emerging economies have renewed their focus on the development of urban infrastructure projects, such as airport developments and smart cities, owing to which the access platform rental market is witnessing a sharp increase in demand. Moreover, growing safety concerns in workplaces following the surge in fatal injury rates is compelling various authorities to make more utilization of these equipment.

Factors such as predicting the demand in advance coupled with optimizing the fleet utilization poses significant challenges to the AWP rental market growth. Planning for the equipment lifecycle management along with anticipating equipment repairs are among the other challenges faced by the industry players. Less focus on providing online as well as onsite training to workers operating these equipment is impacting the access platform rental market growth negatively. Certified training courses for the efficient and safe operations must be provided by companies that deal with the equipment.

Request a sample of this premium Research Report at: https://www.marketstudyreport.com/request-a-sample/859984/

Growing installation & maintenance activities for the upgrade of fire stations, street lights, transformers & power cables, and other associated infrastructure, will drive the mobile elevated work platform (MEWP) rental market growth. In addition, demand for these machinery is on the rise for providing temporary access to workers usually in elevated locations and inaccessible areas. In the heavy equipment industry, the rental model is a better alternative due to the frequently changing requirements. For instance, the type of access equipment needed for a particular task on a job site may change from day to day and to address such requirements renting is considered a much more feasible for a contractor.

North America is anticipated to dominate the AWP rental market as a result of repair and maintenance of existing structures, and the rapid development of the construction industry in the region. Other major trends in the industry that are contributing significantly to the regional growth include strict adherence to human safety concerns by companies offering rental equipment. In addition, competition between leading players to offer enhanced after sales and maintenance services and certified training courses for the safe operation of access equipment is expected to propel the U.S. access platform rental market.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/859984/

Key players operating in the AWP rental market include Ashtead Group, United Rentals, Herc Holdings, Loxam, Blueline Rentals, Aktio Corporation, Haulotte Group, Riwal, AFI Uplift Ltd., Kilotou, Sunstate Equipment Company and Nesco Rentals. The industry is currently witnessing intense competition due to the presence of large number of operators in the marketplace. Industry players are heavily investing on fleet expansion considering high demand from construction and transportation & logistics sector. They are increasingly focusing on adopting latest technologies such as asset management software solutions which helps in enhancing the visibility of equipment, reduce downtime resulting in optimizing the utilization.

Table of Content:

Chapter 1.   Methodology & Scope

 1.1    Methodology

 1.1.1    Initial data exploration

 1.1.2    Statistical model and forecast

 1.1.3    Industry insights and validation

 1.1.4    Definition and forecast parameters

 1.1.4.1    Definitions

 1.1.4.2    Methodology and forecast parameters

 1.2    Data Sources

 1.2.1    Secondary

 1.2.2    Primary

 Chapter 2.   Executive Summary

 2.1    AWP rental industry 360 degree synopsis, 2013 – 2024

 2.2    Business trends

 2.3    Product trends

 2.4    Application trends

 2.5    Regional trends

 Chapter 3.   AWP Rental Industry Insights

 3.1    Industry segmentation

 3.2    Industry landscape, 2013 – 2024

 3.2.1    Construction machinery landscape, Russia

 3.3    Construction machinery rental landscape, Russia

 3.3.1    Crane industry landscape, Russia, 2013 – 2024

 3.3.2    Rental landscape

 3.3.2.1    Pros and cons – rent vs purchase AWPs

 3.3.2.2    Cost calculator – rent vs purchase AWPs

 3.4    Industry ecosystem analysis

 3.4.1    Distribution channel analysis

 3.4.2    Vendor matrix

 3.5    Technological and innovation landscape

 3.6    Regulatory landscape

 3.6.1    North America

 3.6.1.1    Occupational Safety & Health Administration (OSHA)

 3.6.1.1.1    OSHA 29 CFR 1926.21

 3.6.1.1.2    The Scaffold & Access Industry Association

 3.6.1.2    American National Standards Institute (ANSI)

 3.6.1.2.1    ANSI/SAIA A92.2-2015

 3.6.1.2.2    ANSI/SAIA A92.5-2006 (R2014)

 3.6.2    Europe

 3.6.2.1    EN280:2013

 3.6.2.2    Provision and Use of Work Equipment Regulations (PUWER)

 3.6.2.3    Russia

 3.6.2.3.1    EurAsian Conformity Mark (EAC)

 3.6.2.3.2    European Union Standards

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Web site: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog/

Tags: (AWP) Aerial Work Pla, (AWP) Aerial Work Platform Rental Industry, (AWP) Aerial Work Platform Rental Industry Size, (AWP) Aerial Work Platform Rental Market, (AWP) Aerial Work Platform Rental Market analysis, (AWP) Aerial Work Platform Rental Market trend