Crane Rental Market
Crane Rental Market Analysis by Static Cranes Overhead Cranes, Tower Cranes, and Mobile Cranes from 2023 to 2033
Analysis of Crane Rental Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Crane Rental Market Growth Outlook (2023 to 2033)
Crane rental services demand is expanding and is poised to grow at a rate of 4.6% during the forecast period and reach a valuation of US$ 83.5 billion in 2033 from US$ 53.3 billion in 2023.
For material handling, ship loading, manufacturing, and the building industry, cranes are frequently utilized. The complexity of the project is increasing demand for cranes. Businesses and contractors are opting for rental services as purchasing equipment requires significant upfront costs.
Report Attributes | Details |
---|---|
Crane Rental Market Size (2022A) | US$ 50.9 Billion |
Estimated Market Value (2023E) | US$ 53.3 Billion |
Forecast Market Value (2033F) | US$ 83.5 Billion |
Global Market Growth Rate (2023 to 2033) | 4.6% CAGR |
US Market Growth Rate (2023 to 2033) | 4.8% CAGR |
China Projected Market Value (2033F) | US$ 20.0 Billion |
Key Companies Profiled | ALTIDA Crane Hire; BigRentz, Inc.; Bryn Thomas Cranes Ltd; Crane Rental Service, Inc; Sims Crane & Equipment; Sparrows Group; Sterling Crane; United Rentals, Inc. |
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Historic and Future Pathway Analysis for the Crane Rental Market
The increased public and private investment in new building and development projects to provide improved infrastructural facilities is anticipated to drive the worldwide crane rental market. The demand for improved structures across a range of industry verticals, including telecommunications, manufacturing, oil and gas, and others, is also supporting the market growth.
Furthermore, these devices are becoming increasingly popular across a variety of industries due to their higher production and effectiveness compared to conventional solutions.
- Short Term (2023 to 2026): Increasing infrastructure projects, such as road, bridge, and commercial building construction, are driving the crane rental market, resulting in increasing demand for crane services and rental equipment.
- Medium Term (2026 to 2029): The crane rental industry is growing due to increasing renewable energy projects such as wind farms and solar systems, which require the use of specialized cranes for construction and maintenance, resulting in surging demand for crane rentals.
- Long Term (2029 to 2033): Smart cranes with automation such as IoT connectivity, and real-time data analytics, are predicted to support growth in the crane rental market by boosting efficiency, safety, and operating capabilities. Crane rental service providers can upgrade their product portfolio by adding advanced machinery to curb the demand pool and gain high-profit margins.
On the back of the aforementioned facts, the crane rental market is expected to grow at a CAGR of 4.6% during the forecast period from 2023 to 2033, According to the Fact.MR, a market research and competitive intelligence provider.
Market share analysis of crane rental based on the crane type and region is provided in a nutshell in the above image. Under the crane type segment, the mobile cranes sub-segment is expected to dominate with a 59.1% market share in 2023.
Market Dynamics Outlook
“Oil & Gas Industry Is Driving the Market Growth of Crane Rentals”
The market for crane rentals is significantly influenced by the oil and gas sector. Cranes are used extensively in this industry for a variety of tasks, including drilling, maintenance, and the transporting of large pieces of machinery. Cranes are increasingly needed to support expanding exploration and production activities.
Cranes are also necessary in the oil and gas sector for the construction and upkeep of offshore installations and pipelines. Due to the ongoing demand for oil and gas, businesses frequently choose crane rentals over purchasing and maintaining their crane fleets to handle temporary lifting needs. This dynamic promotes the expansion of the oil and gas sector's crane rental business.
“Factors Restraining Crane Rental Market Growth”
The crane rental industry requires significant capital investments to acquire and maintain a fleet of cranes. High costs of purchasing, operating, and maintaining cranes are a barrier for small or new companies entering the market, limiting competition and overall market growth.
The availability of skilled crane operators and technicians is crucial for the efficient operation of cranes. However, there is a shortage of skilled labor in the construction industry, including crane operators. This scarcity limits the capacity of crane rental companies to meet the demand for their services, thereby restraining market growth.
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Country-wise Insights
How Does the US Driving the Growth of the Crane Rental Market?
The crane rental market is expanding rapidly with the contribution of the United States. There are a lot of infrastructural projects, housing complexes, and commercial structures being built around the US. There is a considerable demand for crane rentals as these initiatives call for the usage of cranes to move huge objects.
The oil and gas industry in the US is booming, with considerable exploration, production, and maintenance activities. Cranes are used extensively throughout the sector for tasks like drilling, rigging, and setting up equipment. The oil and gas industry continues to have a high need for crane rentals as the US explores and develops its energy resources.
The US is also a manufacturing powerhouse, home to a wide range of sectors including consumer products, aircraft, automobiles, and electronics. Cranes are needed in the manufacturing industry for equipment installation, assembly line work, and material handling. The rising demand for crane rentals is a result of US manufacturing's ongoing expansion and innovation.
Hence, the growing oil & gas industry in the USA projects a high demand for crane rental services creating an absolute $ opportunity of US$ 8.8 billion during the forecast period.
What are the Factors Driving Crane Rental Demand Across China?
The construction sector is currently seeing tremendous growth, due to urbanization and infrastructure development initiatives. Cranes are constantly needed in China due to the country's continued emphasis on developing highways, bridges, high-speed railways, industrial, and residential buildings.
China's manufacturing industry is expanding significantly as a result of both home and foreign demand. Cranes are necessary for material handling, equipment installation, and logistical support as manufacturers grow their operations.
The demand for crane rentals is also influenced by China's energy sector, which includes both conventional and renewable energy projects. Cranes are required for the development and upkeep of wind farms, solar power facilities, and traditional power infrastructure.
China's growing port and logistics sector needs cranes for infrastructure construction, shipbuilding, and cargo handling. Due to the country's position as a center of international trade, there is still a considerable need for crane rentals to support these operations.
Category-wise Insights
Why Mobile Cranes Type is Gaining Traction?
Mobile cranes are gaining appeal in the construction and heavy-lifting industries owing to their mobility, versatility, and technical developments. Their portability allows for greater flexibility and efficiency in construction operations. Technology advancements have increased lifting capacities and enhanced safety features, making them a dependable alternative.
Contractors save money and time by eliminating the need for time-consuming installation and disassembly operations with mobile cranes. Their adaptability to small areas adds to their allure. Overall, the combination of mobile cranes' mobility, versatility, expanded capabilities, and cost-effectiveness has contributed to their increasing popularity, making them a preferred solution for a wide range of lifting operations in the sector.
Mobile crane types are estimated to account for a market share of 59.1% in 2023 and grow at a CAGR of 4.6% during the forecast period.
How Construction Industry Is Contributing to Crane Rental Market Growth?
The demand for heavy lifting equipment in the construction industry has fueled the rise of the crane rental business. Crane rentals are preferred by construction businesses due to the high price and maintenance needs involved with crane ownership. Renting cranes is a cost-effective and flexible solution that allows access to a diverse selection of crane types adapted to specific project requirements.
The different requirements of the construction sector, such as high-rise building construction and infrastructure development, produce a continual demand for numerous crane types. Crane rentals provide the flexibility required to fulfill project-specific requirements and shifting workloads.
As the worldwide construction industry expands, the crane rental market is expected to increase further, driven by the need for efficient, dependable, and adaptive lifting solutions without the financial load and responsibility of crane ownership.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Eminent Player’s Key Stratagems
Prominent players operating in the global crane rental market are Altida Crane Hire, Bigrentz, Inc., Bryn Thomas Cranes Ltd, Crane Rental Service, Inc, Sims Crane & Equipment, Sparrows Group, Sterling Crane and United Rentals, Inc.
Crane rental service providers are expanding their crane fleet to provide a variety of options, offering competitive pricing and flexible rental terms, investing in advanced technologies and maintenance, providing excellent customer service, and forming strong partnerships with construction companies and contractors to secure long-term contracts.
Fact.MR has provided detailed information about the key rental service providers of cranes, their total fleet, service portfolio, and revenue growth, in the recently published report.
Segmentation of Crane Rental Industry Research
-
By Crane Type :
- Static Cranes
- Overhead Cranes
- Bridge Crane
- Gantry Crane
- Monorail Crane
- Jib Crane
- Workstation Crane
- Tower Cranes
- Hammerhead Cranes
- Luffing Tower Cranes
- Self-Erecting Tower Cranes
- Mobile Cranes
- Crawler Cranes
- Rough Terrain Cranes
- All-Terrain Cranes
- Truck Cranes
- Carry Deck Cranes
- Floating Cranes
- Overhead Cranes
- Static Cranes
-
By Capacity :
- Static Cranes
- Up to 30 Ton
- 30 - 50 Ton
- 50 - 75 Ton
- 75 - 100 Ton
- 100 - 150 Ton
- 150 - 200 Ton
- Above 200 Ton
- Mobile Cranes
- Up to 30 Ton
- 30 - 50 Ton
- 50 - 75 Ton
- 75 - 100 Ton
- 100 - 150 Ton
- 150 - 200 Ton
- Above 200 Ton
- Static Cranes
-
By Boom Length :
- Up to 60 m
- 60-65 m
- 65 - 70 m
- 70 - 75 m
- 75 - 80 m
- Above 80 m
-
By Lift Height :
- Up to 80 m
- 80 - 100 m
- 100 - 120 m
- Above 120 m
-
By Application Sector :
- Aerospace & Defense
- Agriculture & Forestry
- Automotive
- Construction
- Energy & Power
- Manufacturing
- Metal & Mining
- Oil & Gas
- Paper & Pulp
- Railway & Transportation
- Shipyards & Shipbuilding
- Utility
- 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 Crane Type
- 5.1. Static Cranes
- 5.1.1. Overhead Cranes
- 5.1.1.1. Bridge Crane
- 5.1.1.2. Gantry Crane
- 5.1.1.3. Monorail Crane
- 5.1.1.4. Jib Crane
- 5.1.1.5. Workstation Crane
- 5.1.2. Tower Cranes
- 5.1.2.1. Hammerhead Cranes
- 5.1.2.2. Luffing Tower Cranes
- 5.1.2.3. Self-Erecting Tower Cranes
- 5.1.1. Overhead Cranes
- 5.2. Mobile Cranes
- 5.2.1. Crawler Cranes
- 5.2.2. Rough Terrain Cranes
- 5.2.3. All-Terrain Cranes
- 5.2.4. Truck Cranes
- 5.2.5. Carry Deck Cranes
- 5.2.6. Floating Cranes
- 5.1. Static Cranes
- 6. Global Market Analysis and Forecast, By Capacity
- 6.1. Static Cranes
- 6.1.1. Up to 30 Ton
- 6.1.2. 30 - 50 Ton
- 6.1.3. 50 - 75 Ton
- 6.1.4. 75 - 100 Ton
- 6.1.5. 100 - 150 Ton
- 6.1.6. 150 - 200 Ton
- 6.1.7. Above 200 Ton
- 6.2. Mobile Cranes
- 6.2.1. Up to 30 Ton
- 6.2.2. 30 - 50 Ton
- 6.2.3. 50 - 75 Ton
- 6.2.4. 75 - 100 Ton
- 6.2.5. 100 - 150 Ton
- 6.2.6. 150 - 200 Ton
- 6.2.7. Above 200 Ton
- 6.1. Static Cranes
- 7. Global Market Analysis and Forecast, By Boom Length
- 7.1. Up to 60 m
- 7.2. 60-65 m
- 7.3. 65 - 70 m
- 7.4. 70 - 75 m
- 7.5. 75 - 80 m
- 7.6. Above 80 m
- 8. Global Market Analysis and Forecast, By Lift Height
- 8.1. Up to 80 m
- 8.2. 80 - 100 m
- 8.3. 100 - 120 m
- 8.4. Above 120 m
- 9. Global Market Analysis and Forecast, By Application Sector
- 9.1. Aerospace & Defense
- 9.2. Agriculture & Forestry
- 9.3. Automotive
- 9.4. Construction
- 9.5. Energy & Power
- 9.6. Manufacturing
- 9.7. Metal & Mining
- 9.8. Oil & Gas
- 9.9. Paper & Pulp
- 9.10. Railway & Transportation
- 9.11. Shipyards & Shipbuilding
- 9.12. Utility
- 9.13. Others
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country - level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Market Competition Analysis
- 19.1. Altida Crane Hire
- 19.2. BigRentz, Inc.
- 19.3. Bryn Thomas Cranes Ltd
- 19.4. Service, Inc
- 19.5. Sims Crane & Equipment
- 19.6. Sparrows Group
- 19.7. Sterling Crane
- 19.8. United Rentals, Inc.
- 19.9. Other Prominent Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Value (US$ million) By Crane Type, 2018 to 2022
Table 4: Global Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 5: Global Market Value (US$ million) By Capacity, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 7: Global Market Value (US$ million) By Boom Length, 2018 to 2022
Table 8: Global Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 9: Global Market Value (US$ million) By Lift Height, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 11: Global Market Value (US$ million) By Application Sector, 2018 to 2022
Table 12: Global Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 13: North America Market Value (US$ million) by Country, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 15: North America Market Value (US$ million) By Crane Type, 2018 to 2022
Table 16: North America Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 17: North America Market Value (US$ million) By Capacity, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 19: North America Market Value (US$ million) By Boom Length, 2018 to 2022
Table 20: North America Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 21: North America Market Value (US$ million) By Lift Height, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 23: North America Market Value (US$ million) By Application Sector, 2018 to 2022
Table 24: North America Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 25: Latin America Market Value (US$ million) by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ million) By Crane Type, 2018 to 2022
Table 28: Latin America Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 29: Latin America Market Value (US$ million) By Capacity, 2018 to 2022
Table 30: Latin America Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 31: Latin America Market Value (US$ million) By Boom Length, 2018 to 2022
Table 32: Latin America Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 33: Latin America Market Value (US$ million) By Lift Height, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 35: Latin America Market Value (US$ million) By Application Sector, 2018 to 2022
Table 36: Latin America Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 37: Europe Market Value (US$ million) by Country, 2018 to 2022
Table 38: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 39: Europe Market Value (US$ million) By Crane Type, 2018 to 2022
Table 40: Europe Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 41: Europe Market Value (US$ million) By Capacity, 2018 to 2022
Table 42: Europe Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 43: Europe Market Value (US$ million) By Boom Length, 2018 to 2022
Table 44: Europe Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 45: Europe Market Value (US$ million) By Lift Height, 2018 to 2022
Table 46: Europe Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 47: Europe Market Value (US$ million) By Application Sector, 2018 to 2022
Table 48: Europe Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 49: East Asia Market Value (US$ million) by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ million) By Crane Type, 2018 to 2022
Table 52: East Asia Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 53: East Asia Market Value (US$ million) By Capacity, 2018 to 2022
Table 54: East Asia Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 55: East Asia Market Value (US$ million) By Boom Length, 2018 to 2022
Table 56: East Asia Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 57: East Asia Market Value (US$ million) By Lift Height, 2018 to 2022
Table 58: East Asia Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 59: East Asia Market Value (US$ million) By Application Sector, 2018 to 2022
Table 60: East Asia Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ million) by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ million) By Crane Type, 2018 to 2022
Table 64: South Asia & Oceania Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 65: South Asia & Oceania Market Value (US$ million) By Capacity, 2018 to 2022
Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ million) By Boom Length, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ million) By Lift Height, 2018 to 2022
Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 71: South Asia & Oceania Market Value (US$ million) By Application Sector, 2018 to 2022
Table 72: South Asia & Oceania Market Value (US$ million) and Forecast By Application Sector, 2023 to 2033
Table 73: MEA Market Value (US$ million) by Country, 2018 to 2022
Table 74: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 75: MEA Market Value (US$ million) By Crane Type, 2018 to 2022
Table 76: MEA Market Value (US$ million) and Forecast By Crane Type, 2023 to 2033
Table 77: MEA Market Value (US$ million) By Capacity, 2018 to 2022
Table 78: MEA Market Value (US$ million) and Forecast By Capacity, 2023 to 2033
Table 79: MEA Market Value (US$ million) By Boom Length, 2018 to 2022
Table 80: MEA Market Value (US$ million) and Forecast By Boom Length, 2023 to 2033
Table 81: MEA Market Value (US$ million) By Lift Height, 2018 to 2022
Table 82: MEA Market Value (US$ million) and Forecast By Lift Height, 2023 to 2033
Table 83: MEA Market Value (US$ million) By Application Sector, 2018 to 2022
Table 84: MEA Market Value (US$ million) and Forecast By Application Sector, 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 Crane Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) By Capacity, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 9: Global Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 11: Global Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 13: Global Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 14: Global Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 15: North America Market Value (US$ million) Forecast, 2023 to 2033
Figure 16: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 17: North America Market Value (US$ million) by Country, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 19: North America Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 21: North America Market Value (US$ million) By Capacity, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 23: North America Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 25: North America Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 26: North America Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 27: North America Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 30: North America Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 31: North America Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 33: North America Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 34: North America Market Attractiveness Analysis By Application Sector, 2023 to 2033
Figure 35: Latin America Market Value (US$ million) Forecast, 2023 to 2033
Figure 36: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 37: Latin America Market Value (US$ million) By Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 39: Latin America Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 40: Latin America Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 41: Latin America Market Value (US$ million) By Capacity, 2023 & 2033
Figure 42: Latin America Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 43: Latin America Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 45: Latin America Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 46: Latin America Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 47: Latin America Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 48: Latin America Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 49: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 50: Latin America Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 51: Latin America Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 52: Latin America Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 53: Latin America Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 54: Latin America Market Attractiveness Analysis By Application Sector, 2023 to 2033
Figure 55: Europe Market Value (US$ million) Forecast, 2023 to 2033
Figure 56: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 57: Europe Market Value (US$ million) By Country, 2023 & 2033
Figure 58: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 59: Europe Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 61: Europe Market Value (US$ million) By Capacity, 2023 & 2033
Figure 62: Europe Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 63: Europe Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 64: Europe Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 65: Europe Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 66: Europe Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 67: Europe Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 68: Europe Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 69: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 70: Europe Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 71: Europe Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 72: Europe Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 73: Europe Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 74: Europe Market Attractiveness Analysis By Application Sector, 2023 to 2033
Figure 75: East Asia Market Value (US$ million) Forecast, 2023 to 2033
Figure 76: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 77: East Asia Market Value (US$ million) By Country, 2023 & 2033
Figure 78: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 79: East Asia Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 80: East Asia Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 81: East Asia Market Value (US$ million) By Capacity, 2023 & 2033
Figure 82: East Asia Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 83: East Asia Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 84: East Asia Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 85: East Asia Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 86: East Asia Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 87: East Asia Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 88: East Asia Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 89: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 90: East Asia Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 91: East Asia Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 92: East Asia Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 93: East Asia Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 94: East Asia Market Attractiveness Analysis By Application Sector, 2023 to 2033
Figure 95: South Asia & Oceania Market Value (US$ million) Forecast, 2023 to 2033
Figure 96: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 97: South Asia & Oceania Market Value (US$ million) By Country, 2023 & 2033
Figure 98: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 99: South Asia & Oceania Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 100: South Asia & Oceania Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 101: South Asia & Oceania Market Value (US$ million) By Capacity, 2023 & 2033
Figure 102: South Asia & Oceania Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 103: South Asia & Oceania Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 104: South Asia & Oceania Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 105: South Asia & Oceania Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 106: South Asia & Oceania Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 107: South Asia & Oceania Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 108: South Asia & Oceania Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 109: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 110: South Asia & Oceania Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 111: South Asia & Oceania Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 112: South Asia & Oceania Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 113: South Asia & Oceania Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 114: South Asia & Oceania Market Attractiveness Analysis By Application Sector, 2023 to 2033
Figure 115: MEA Market Value (US$ million) Forecast, 2023 to 2033
Figure 116: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 117: MEA Market Value (US$ million) By Country, 2023 & 2033
Figure 118: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 119: MEA Market Value (US$ million) By Crane Type, 2023 & 2033
Figure 120: MEA Market Y-o-Y Growth Rate By Crane Type, 2023 to 2033
Figure 121: MEA Market Value (US$ million) By Capacity, 2023 & 2033
Figure 122: MEA Market Y-o-Y Growth Rate By Capacity, 2023 to 2033
Figure 123: MEA Market Value (US$ million) By Boom Length, 2023 & 2033
Figure 124: MEA Market Y-o-Y Growth Rate By Boom Length, 2023 to 2033
Figure 125: MEA Market Value (US$ million) By Lift Height, 2023 & 2033
Figure 126: MEA Market Y-o-Y Growth Rate By Lift Height, 2023 to 2033
Figure 127: MEA Market Value (US$ million) By Application Sector, 2023 & 2033
Figure 128: MEA Market Y-o-Y Growth Rate By Application Sector, 2023 to 2033
Figure 129: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 130: MEA Market Attractiveness Analysis By Crane Type, 2023 to 2033
Figure 131: MEA Market Attractiveness Analysis By Capacity, 2023 to 2033
Figure 132: MEA Market Attractiveness Analysis By Boom Length, 2023 to 2033
Figure 133: MEA Market Attractiveness Analysis By Lift Height, 2023 to 2033
Figure 134: MEA Market Attractiveness Analysis By Application Sector, 2023 to 2033
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- FAQs -
What is the Market Size of the Global Crane Rental Market?
The crane rental market is expected to grow from US$ 53.3 billion in 2023 to US$ 83.5 billion in 2033 at a rate of 4.6%.
Which Type Holds a Prominent Share in the Crane Rental Market?
By crane type, mobile cranes are estimated to hold a prominent share of the crane rental market accounting for 59.1% in 2023.
Which End Use has a Significant Share in the Crane Rental Market?
Construction end-use is expected to hold a significant position in the crane rental market accounting for 33.2% market share in 2023.
What is the Expected Growth Rate of the Chinese Crane Rental Market?
The Chinese crane rental market is expected to grow at a CAGR of 4.9% during the forecast period and reach a valuation of US$ 20 billion in 2033.
What is the valuation of the Germany Crane Rental Market?
The Germany crane rental market is likely to grow at a CAGR of 5.1% during the forecast period to reach a valuation of US$ 10.8 billion in 2033 from a valuation of US$ 6.6 billion in 2023.