Boom Lift Rental Market

Boom Lift Rental Market Analysis By Type (Articulating, Trailer-Mounted, and Telescopic), By Power Source (Electric and Engine-powered) and Region - Market Insights 2023 to 2033

Analysis of Boom Lift Rental Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Boom Lift Rental Market Outlook (2023 to 2033)

The global boom lift rental market is estimated to be valued at US$ 3.0 billion in 2023 and it is projected to grow at a CAGR of 5.4% to reach US$ 5.1 billion by the end of 2033.

The boom lift rental is projected to experience substantial growth from 2023 to 2033, with an estimated increase in value of US$ 5.1 billion in 2033. This is due to the increasing construction and infrastructure development, industrial expansion, focus on safety and efficiency, and others. The increasing emphasis on safety regulations has also become a driving force behind the surging demand for boom lift rentals that comply with these standards.

Report Attributes Details
Boom Lift Rental Size (2022A) US$ 2.8 Billion
Estimated Market Value (2023E) US$ 3.0 Billion
Forecast Market Value (2033F) US$ 5.1 Billion
Global Market Growth Rate (2023 to 2033) 5.4% CAGR
Europe Market Share (2023) 26.1%
Germany Market Growth Rate (2023 to 2033) 5.9% CAGR
Key Companies Profiled BlueLine Rental; H&E Equipment Services; Haulotte Group; Herc Rentals; NES Rentals; Riwal; Sunbelt Rentals; United Rentals

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Historic and Future Pathway Analysis for the Boom Lift Rental

The boom lifts rental market emerged as a response to the growing demand for elevated work platforms in the construction and industrial sectors. Rental companies started offering boom lifts as a cost-effective and flexible alternative to purchasing equipment, leading to significant growth in the market. Many companies prefer renting boom lifts due to the cost-saving advantages it offers. By opting for rentals, businesses can avoid upfront capital investment, maintenance expenses, and storage costs. This focus on cost efficiency is expected to continue driving the demand for rental services.

Additionally, the construction industry is increasingly adopting sustainable practices to reduce its environmental impact. As a part of this shift, there is a growing preference for electric or hybrid-powered boom lifts over diesel-powered ones. Rental companies that offer environmentally friendly options are likely to gain a competitive edge as sustainability becomes a key consideration for construction projects.

  • Short Term (2023 to 2026): Growing emphasis on worker safety and efficiency in industries like construction to drive market growth during the short-term period.
  • Medium Term (2026 to 2029): Renting boom lifts offers flexibility to businesses. This enables them to scale their equipment needs based on project requirements, choosing the right type and size of boom lift for each job. As companies prioritize cost optimization and flexibility, boom lift rentals are an attractive option, leading to market growth.
  • Long Term (2029 to 2033): Increasing demand from diverse industries such as maintenance, event management, film production, and logistics, in addition to construction, will drive long-term growth in the boom lift rental market.

On the back of the aforementioned facts, the boom lift rental is expected to grow at a CAGR of 5.4% during the forecast period from 2023 to 2033, According to the Fact.MR, a market research and competitive intelligence provider.

Market share analysis of boom lift rental based on type and region is provided in a nutshell in the above image. Under the type segment, the articulating sub-segment is expected to dominate with a 39.0% market share in 2023.

Market Dynamics Outlook

“Advancements in Technology to Contribute to the Growth of the Boom Lift Rental Market”

Technological advancements have revolutionized the boom lift rental market, enhancing efficiency, safety, and performance. Cutting-edge innovations have made boom lifts increasingly appealing for rentals. Advanced telematics systems now equip modern boom lifts, empowering rental companies to remotely monitor and track equipment usage, location, fuel consumption, and maintenance requirements.

This invaluable technology enables companies to optimize fleet management, enhance maintenance scheduling, and ensure prompt service, ultimately boosting equipment availability and customer satisfaction. The integration of these advancements has transformed the rental industry, making boom lifts more reliable, user-friendly, and indispensable for a wide range of applications.

“Equipment’s Frequent Maintenance and Repair to Limit Growth”

Maintaining boom lifts is vital to ensure their optimal performance and safety, imposing a significant responsibility on rental companies. Adequate maintenance entails skilled technicians, readily available spare parts, and efficient fleet management practices. Neglecting proper maintenance can lead to downtime, unsatisfied customers, and unforeseen expenses.

Transportation logistics pose significant challenges for boom lift rental companies, especially when operating in large geographic areas. The size and weight of boom lifts necessitate careful coordination and planning for equipment delivery and retrieval. Managing logistics efficiently requires dedicated resources and effective coordination to minimize costs and ensure timely transportation.

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Country-wise Insights

Why India Presents a Promising Landscape for the Market Growth of Boom Lift Rental?

India's rapid urbanization and flourishing construction industry have created a robust demand for aerial work platforms such as boom lifts, making the market for boom lift rentals highly promising. The country is witnessing an increasing number of cities and infrastructure development projects, further fueling the need for efficient and safe access equipment.

The Indian government has also prioritized infrastructure development through initiatives like the "Smart Cities Mission" and the construction of highways, airports, metro systems, and industrial parks. These ambitious projects require reliable and technologically advanced equipment like boom lifts, contributing to the growing market for rental services.

  • For instance, in 2022, the Indian Union budget has proposed to spend about US$ 130.0 billion on infrastructural developments.

The substantial financial commitments by the government underscore their dedication to infrastructure growth, creating a significant opportunity for the target market in India.

What are the Factors Driving Revenue Generation in China?

China's thriving industrial and manufacturing sectors have significantly increased the demand for boom lifts in the country. These versatile machines find extensive use in warehouses, factories, and manufacturing plants for equipment maintenance, material handling, and inventory management at elevated heights. Furthermore, China's commitment to renewable energy projects, such as wind farms and solar installations, has further propelled the need for boom lifts in construction, maintenance, and repair activities.

Utility companies also rely on boom lifts for power line maintenance, installation, and inspection. The adoption of rental services for boom lift equipment is prevalent among these companies due to the benefits it offers. Hence, the expanding energy and utility projects, along with the robust industrial sector, contribute substantially to the revenue generation of the thriving boom lift rental market in China.

Category-wise Insights

How Articulating Type Drives Boom Lift Rental Market?

The articulating type boom lifts are poised to offer lucrative opportunities for the boom lift rental market due to their unique features and versatility. These types of boom lifts are designed with multiple articulated sections, allowing for enhanced maneuverability and access to difficult-to-reach areas.

The compact size and precise controls of articulating boom lifts make them suitable for indoor applications where space is limited, such as warehouses, manufacturing plants, and retail stores. Their quiet operation and emission-free electric options make them environmentally friendly, further enhancing their appeal in sensitive areas.

Hence, owning the aforementioned factors, in 2023, articulating boom lift rentals are projected to hold a 39.0% market share, valued at US$ 1.2 billion, with significant future growth anticipated.

Will the Construction Industry Growth Support Market Expansion in Coming Years?

The growth of the construction industry is expected to significantly support the expansion of the boom lift rental market during the forecast period. The construction industry is a major consumer of boom lifts, relying on them for a wide range of tasks such as building construction, infrastructure development, maintenance, and repair work.

As the construction industry continues to experience robust growth, due to the growing urbanization, rising population, and government investments in infrastructure projects, the demand for boom lift rentals is expected to soar. The need for safe and efficient access to elevated work areas in construction sites will propel the market's expansion, creating lucrative opportunities for rental companies.

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Eminent Player’s Key Stratagems

Eminent boom lift rental service providers are BlueLine Rental, H&E Equipment Services, Haulotte Group, Herc Rentals, NES Rentals, Riwal, Sunbelt Rentals, United Rentals

Providing exceptional maintenance and service is a crucial aspect of success in the rental market. Prominent players are investing in well-equipped service centers, hiring trained technicians, and following stringent maintenance protocols to ensure that their boom lifts are in top condition. This commitment to service excellence enhances customer satisfaction and fosters long-term relationships. Further, acquisition and merger also play a crucial role in driving the market growth. For instance:

  • In November 2022, United Rentals, Inc. disclosed that it has signed a binding contract to buy the assets of privately held Ahern Rentals, Inc. for about US$ 2.0 billion in cash.

Fact.MR has provided detailed information about the key rental service providers of boom lifts, their total fleet, service portfolio, and revenue growth, in the recently published report.

Segmentation of Boom Lift Rental Industry Research

  • By Type :

    • Articulating
    • Trailer-Mounted
    • Telescopic
  • By Height :

    • Less than 50 Feet
    • 50-100 Feet
    • 100-150 Feet
    • Above 150 Feet
  • By Power Source :

    • Electric
    • Engine Powered
  • By End Use :

    • Construction and Infrastructure
    • Telecommunication and Utilities
    • Entertainment and Events
    • Industrial and Manufacturing
    • Facilities and Maintenance
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

  • 1. Market - Executive Summary
  • 2. Market Overview
  • 3. Market Background and Foundation Data
  • 4. Global Market Value (US$ million) Analysis and Forecast
  • 5. Global Market Analysis and Forecast, By Type
    • 5.1. Articulating
    • 5.2. Trailer-Mounted
    • 5.3. Telescopic
  • 6. Global Market Analysis and Forecast, By Height
    • 6.1. Less than 50 Feet
    • 6.2. 50-100 Feet
    • 6.3. 100-150 Feet
    • 6.4. Above 150 Feet
  • 7. Global Market Analysis and Forecast, By Power Source
    • 7.1. Electric
    • 7.2. Engine Powered
  • 8. Global Market Analysis and Forecast, By End Use
    • 8.1. Construction
    • 8.2. Landscaping & Maintenance
    • 8.3. Agriculture & Forestry
    • 8.4. Mining
    • 8.5. Others
  • 9. Global Market Analysis and Forecast, By Region
    • 9.1. North America
    • 9.2. Latin America
    • 9.3. Europe
    • 9.4. East Asia
    • 9.5. South Asia & Oceania
    • 9.6. Middle East & Africa
  • 10. North America Market Analysis and Forecast
  • 11. Latin America Market Analysis and Forecast
  • 12. Europe Market Analysis and Forecast
  • 13. East Asia Market Analysis and Forecast
  • 14. South Asia & Oceania Market Analysis and Forecast
  • 15. Middle East & Africa Market Analysis and Forecast
  • 16. Country-level Market Analysis and Forecast
  • 17. Market Structure Analysis
  • 18. Market Competition Analysis
    • 18.1. BlueLine Rental
    • 18.2. H&E Equipment Services
    • 18.3. Haulotte Group
    • 18.4. Herc Rentals
    • 18.5. NES Rentals
    • 18.6. Riwal
    • 18.7. Sunbelt Rentals
    • 18.8. United Rentals
    • 18.9. Other Prominent Players
  • 19. Assumptions & Acronyms Used
  • 20. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ million) Forecast, 2023 to 2033

Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033

Table 3: Global Market Value (US$ million) by Type, 2018 to 2022

Table 4: Global Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 5: Global Market Value (US$ million) by Height, 2018 to 2022

Table 6: Global Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 7: Global Market Value (US$ million) by Height, 2023 & 2033

Table 8: Global Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 9: Global Market Value (US$ million) by End Use, 2018 to 2022

Table 10: Global Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 11: North America Market Value (US$ million) by Country, 2018 to 2022

Table 12: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 13: North America Market Value (US$ million) by Type, 2018 to 2022

Table 14: North America Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 15: North America Market Value (US$ million) by Height, 2018 to 2022

Table 16: North America Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 17: North America Market Value (US$ million) by Power Source, 2018 to 2022

Table 18: North America Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 19: North America Market Value (US$ million) by End Use, 2018 to 2022

Table 20: North America Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 21: Latin America Market Value (US$ million) by Country, 2018 to 2022

Table 22: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 23: Latin America Market Value (US$ million) by Type, 2018 to 2022

Table 24: Latin America Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 25: Latin America Market Value (US$ million) by Height, 2018 to 2022

Table 26: Latin America Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 27: Latin America Market Value (US$ million) by Power Source, 2018 to 2022

Table 28: Latin America Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 29: Latin America Market Value (US$ million) by End Use, 2018 to 2022

Table 30: Latin America Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 31: Europe Market Value (US$ million) by Country, 2018 to 2022

Table 32: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 33: Europe Market Value (US$ million) by Type, 2018 to 2022

Table 34: Europe Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 35: Europe Market Value (US$ million) by Height, 2018 to 2022

Table 36: Europe Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 37: Europe Market Value (US$ million) by Power Source, 2018 to 2022

Table 38: Europe Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 39: Europe Market Value (US$ million) by End Use, 2018 to 2022

Table 40: Europe Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 41: East Asia Market Value (US$ million) by Country, 2018 to 2022

Table 42: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 43: East Asia Market Value (US$ million) by Type, 2018 to 2022

Table 44: East Asia Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 45: East Asia Market Value (US$ million) by Height, 2018 to 2022

Table 46: East Asia Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 47: East Asia Market Value (US$ million) by Power Source, 2018 to 2022

Table 48: East Asia Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 49: East Asia Market Value (US$ million) by End Use, 2018 to 2022

Table 50: East Asia Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 51: South Asia and ASEAN Market Value (US$ million) by Country, 2018 to 2022

Table 52: South Asia and ASEAN Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 53: South Asia and ASEAN Market Value (US$ million) by Type, 2018 to 2022

Table 54: South Asia and ASEAN Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 55: South Asia and ASEAN Market Value (US$ million) by Height, 2018 to 2022

Table 56: South Asia and ASEAN Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 57: South Asia and ASEAN Market Value (US$ million) by Power Source, 2018 to 2022

Table 58: South Asia and ASEAN Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 59: South Asia and ASEAN Market Value (US$ million) by End Use, 2018 to 2022

Table 60: South Asia and ASEAN Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 61: Oceania Market Value (US$ million) by Country, 2018 to 2022

Table 62: Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 63: Oceania Market Value (US$ million) by Type, 2018 to 2022

Table 64: Oceania Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 65: Oceania Market Value (US$ million) by Height, 2018 to 2022

Table 66: Oceania Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 67: Oceania Market Value (US$ million) by Power Source, 2018 to 2022

Table 68: Oceania Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 69: Oceania Market Value (US$ million) by End Use, 2018 to 2022

Table 70: Oceania Market Value (US$ million) and Forecast by End Use, 2023 to 2033

Table 71: MEA Market Value (US$ million) by Country, 2018 to 2022

Table 72: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 73: MEA Market Value (US$ million) by Type, 2018 to 2022

Table 74: MEA Market Value (US$ million) and Forecast by Type, 2023 to 2033

Table 75: MEA Market Value (US$ million) by Height, 2018 to 2022

Table 76: MEA Market Value (US$ million) and Forecast by Height, 2023 to 2033

Table 77: MEA Market Value (US$ million) by Power Source, 2018 to 2022

Table 78: MEA Market Value (US$ million) and Forecast by Power Source, 2023 to 2033

Table 79: MEA Market Value (US$ million) by End Use, 2018 to 2022

Table 80: MEA Market Value (US$ million) and Forecast by End Use, 2023 to 2033

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List Of Figures

Figure 1: Global Market Value (US$ million) Forecast, 2023 to 2033

Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 3: Global Market Value (US$ million) by Region, 2023 & 2033

Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033

Figure 5: Global Market Value (US$ million) by Type, 2023 & 2033

Figure 6: Global Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 7: Global Market Value (US$ million) by Height, 2023 & 2033

Figure 8: Global Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 9: Global Market Value (US$ million) by Power Source, 2023 & 2033

Figure 10: Global Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 11: Global Market Value (US$ million) by End Use, 2023 & 2033

Figure 12: Global Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 13: North America Market Value (US$ million) Forecast, 2023 to 2033

Figure 14: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 15: North America Market Value (US$ million) by Country, 2023 & 2033

Figure 16: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 17: North America Market Value (US$ million) by Type, 2023 & 2033

Figure 18: North America Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 19: North America Market Value (US$ million) by Height, 2023 & 2033

Figure 20: North America Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 21: North America Market Value (US$ million) by Power Source, 2023 & 2033

Figure 22: North America Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 23: North America Market Value (US$ million) by End Use, 2023 & 2033

Figure 24: North America Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 25: North America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 26: North America Market Attractiveness Analysis by Type, 2023 to 2033

Figure 27: North America Market Attractiveness Analysis by Height, 2023 to 2033

Figure 28: North America Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 29: North America Market Attractiveness Analysis by End Use, 2023 to 2033

Figure 30: Latin America Market Value (US$ million) Forecast, 2023 to 2033

Figure 31: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 32: Latin America Market Value (US$ million) by Country, 2023 & 2033

Figure 33: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 34: Latin America Market Value (US$ million) by Type, 2023 & 2033

Figure 35: Latin America Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 36: Latin America Market Value (US$ million) by Height, 2023 & 2033

Figure 37: Latin America Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 38: Latin America Market Value (US$ million) by Power Source, 2023 & 2033

Figure 39: Latin America Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 40: Latin America Market Value (US$ million) by End Use, 2023 & 2033

Figure 41: Latin America Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 42: Latin America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Attractiveness Analysis by Type, 2023 to 2033

Figure 44: Latin America Market Attractiveness Analysis by Height, 2023 to 2033

Figure 45: Latin America Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 46: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033

Figure 47: Europe Market Value (US$ million) Forecast, 2023 to 2033

Figure 48: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 49: Europe Market Value (US$ million) by Country, 2023 & 2033

Figure 50: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 51: Europe Market Value (US$ million) by Type, 2023 & 2033

Figure 52: Europe Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 53: Europe Market Value (US$ million) by Height, 2023 & 2033

Figure 54: Europe Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 55: Europe Market Value (US$ million) by Power Source, 2023 & 2033

Figure 56: Europe Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 57: Europe Market Value (US$ million) by End Use, 2023 & 2033

Figure 58: Europe Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 59: Europe Market Attractiveness Analysis by Country, 2023 to 2033

Figure 60: Europe Market Attractiveness Analysis by Type, 2023 to 2033

Figure 61: Europe Market Attractiveness Analysis by Height, 2023 to 2033

Figure 62: Europe Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 63: Europe Market Attractiveness Analysis by End Use, 2023 to 2033

Figure 64: East Asia Market Value (US$ million) Forecast, 2023 to 2033

Figure 65: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 66: East Asia Market Value (US$ million) by Country, 2023 & 2033

Figure 67: East Asia Market Value (US$ million) by Type, 2023 & 2033

Figure 68: East Asia Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 69: East Asia Market Value (US$ million) by Height, 2023 & 2033

Figure 70: East Asia Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 71: East Asia Market Value (US$ million) by Power Source, 2023 & 2033

Figure 72: East Asia Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 73: East Asia Market Value (US$ million) by End Use, 2023 & 2033

Figure 74: East Asia Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 75: East Asia Market Attractiveness Analysis by Country, 2023 to 2033

Figure 76: East Asia Market Attractiveness Analysis by Type, 2023 to 2033

Figure 77: East Asia Market Attractiveness Analysis by Height, 2023 to 2033

Figure 78: East Asia Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 79: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033

Figure 80: South Asia & Oceania Market Value (US$ million) Forecast, 2023 to 2033

Figure 81: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 82: South Asia & Oceania Market Value (US$ million) by Country, 2023 & 2033

Figure 83: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 84: South Asia & Oceania Market Value (US$ million) by Type, 2023 & 2033

Figure 85: South Asia & Oceania Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 86: South Asia & Oceania Market Value (US$ million) by Height, 2023 & 2033

Figure 87: South Asia & Oceania Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 88: South Asia & Oceania Market Value (US$ million) by Power Source, 2023 & 2033

Figure 89: South Asia & Oceania Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 90: South Asia & Oceania Market Value (US$ million) by End Use, 2023 & 2033

Figure 91: South Asia & Oceania Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 92: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033

Figure 94: South Asia & Oceania Market Attractiveness Analysis by Height, 2023 to 2033

Figure 95: South Asia & Oceania Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2023 to 2033

Figure 97: MEA Market Value (US$ million) Forecast, 2023 to 2033

Figure 98: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 99: MEA Market Value (US$ million) by Country, 2023 & 2033

Figure 100: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 101: MEA Market Value (US$ million) by Type, 2023 & 2033

Figure 102: MEA Market Y-o-Y Growth Rate by Type, 2023 to 2033

Figure 103: MEA Market Value (US$ million) by Height, 2023 & 2033

Figure 104: MEA Market Y-o-Y Growth Rate by Height, 2023 to 2033

Figure 105: MEA Market Value (US$ million) by Power Source, 2023 & 2033

Figure 106: MEA Market Y-o-Y Growth Rate by Power Source, 2023 to 2033

Figure 107: MEA Market Value (US$ million) by End Use, 2023 & 2033

Figure 108: MEA Market Y-o-Y Growth Rate by End Use, 2023 to 2033

Figure 109: MEA Market Attractiveness Analysis by Country, 2023 to 2033

Figure 110: MEA Market Attractiveness Analysis by Type, 2023 to 2033

Figure 111: MEA Market Attractiveness Analysis by Height, 2023 to 2033

Figure 112: MEA Market Attractiveness Analysis by Power Source, 2023 to 2033

Figure 113: MEA Market Attractiveness Analysis by End Use, 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What was the Global Boom Lift Rental Size Reported by Fact.MR for 2022?

The global boom lift rental was valued at US$ 2.8 billion in 2022.

What are the Regions Included in the Boom Lift Rental Study?

The regions included in the boom lift rental study include North America, Latin America, Middle East & Africa, South Asia & Oceania, East Asia, and Europe.

Who are the Major Players Operating in the Boom Lift Rental?

Prominent players in the market are BlueLine Rental, H&E Equipment Services, Haulotte Group, Herc Rentals, NES Rentals, Riwal, Sunbelt Rentals, and United Rentals among others.

What is the Estimated Valuation of the Boom Lift Rental in 2033?

The market is expected to reach a valuation of US$ 5.1 billion in 2033.

What Value CAGR did the Boom Lift Rental Exhibit Over the Last Five Years?

The historic growth rate of the boom lift rental was 5.6% from 2018-2022.

Boom Lift Rental Market

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