New York, July 30, 2020 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Crane Rental Market Research Report By Type, Capacity, Industry – Global Forecast to 2025 – Cumulative Impact Of COVID-19”. https://www.reportlinker.com/p05940306/?utm_source=GNW
The global crane rental market is projected to grow from USD 37,556.88 million in 2019 to USD 49,965.55 million by the end of 2025 with an average compound annual growth rate (CAGR) of 4.87%.
Market segmentation & coverage:
This research report categorizes crane rental in order to forecast revenues and analyze trends in each of the following sub-markets:
“Mobile cranes are expected to show the highest growth over the forecast period.”
Based on the type, the crane rental market for fixed cranes and mobile cranes was examined. Mobile cranes were the largest size in the crane rental market in 2019 and are expected to grow at the fastest CAGR over the forecast period.
“Low to medium weight carrying capacity is expected to see the highest growth over the forecast period.”
Based on capacity, the crane rental market examined the extremely heavy weight lifting capacity, the heavy weight lifting capacity, the light weight lifting capacity, and the light to medium weight lifting capacity. The lightweight lifting capacity was the largest size in the crane rental market in 2019. On the other hand, the low to medium weight carrying capacity is expected to grow with the fastest CAGR over the forecast period.
“Transportation is expected to see the highest growth over the forecast period.”
Based on the industry, the crane rental market examined construction, shipping and offshore, mining and excavation, oil and gas, and transportation. The construction industry was the largest in the crane rental market in 2019. On the other hand, the transport is expected to grow with the fastest CAGR in the forecast period.
“The Asia-Pacific region is forecast to have the highest growth in the forecast period.”
Based on the geography, the Crane Rental Market studied in the Americas, Asia-Pacific, and Europe, the Middle East, and Africa. The American region has been studied in Argentina, Brazil, Canada, Mexico, and the United States. The Asia Pacific region has been studied in Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea, and Thailand. The region studied is Europe, the Middle East, and Africa in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates, and the United Kingdom. America was the largest in the crane rental market in 2019. On the other hand, Asia Pacific is expected to grow at the fastest CAGR over the forecast period.
Company usability profiles:
The report examines in depth the latest major developments from the leading providers and innovation profiles in the global crane rental market, including Action Construction Equipment Ltd., Ahern Rentals, Inc., ALE, ALL Erection & Crane Rental Corp., Buckner Heavylift Cranes, LLC, Lampson International LLC, Mammoet, Maxim Crane Works, LP, MEDIACO Group, Sanghvi Movers Limited, Sarens nv / sa, Starlog Enterprises Limited, Uchimiya Transportation and Engineering Co., Ltd., United Rentals, Inc. and Weldex Offshore Ltd.
FPNV positioning matrix:
The FPNV Positioning Matrix ranks and categorizes vendors in the crane rental market based on the business strategy (business growth, industry coverage, financial profitability and channel support) and product satisfaction (value for money, ease of use, product features and customer support) that helps companies achieve better Make decisions and understand the competitive landscape.
Competitive strategic window:
The “Competitive Strategic” window analyzes the competitive landscape in terms of markets, applications and regions. The competitive strategies window helps the vendor define an alignment or correspondence between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the best or most favorable fit for vendors to apply successive merger and acquisition strategies, geographic expansion, research and development, and new product launch strategies to conduct further business expansion and growth.
Cumulative Effects of COVID-19:
COVID-19 is an unparalleled global public health emergency that affects almost all industries. Therefore, and for the long-term impact that is likely to affect industry growth over the forecast period. Our ongoing research expands our research framework to ensure that underlying COVID-19 issues and possible ways forward are considered. The report provides insights into COVID-19 taking into account changes in consumer behavior and demand, purchasing patterns, supply chain diversion, the dynamics of current market forces, and significant government interventions. The updated study offers insights, analysis, estimates and projections considering the impact of COVID-19 on the market.
The report provides insights into the following notices:
1. Market Penetration: Provides comprehensive information on the market offered by the major players
2. Market Development: Provides detailed information on lucrative emerging countries and analyzes the markets
3. Market Diversification: Provides detailed information on new product launches, untapped regions, recent developments and investments
4. Competitive Assessment & Intelligence: Provides a comprehensive assessment of the market shares, strategies, products and manufacturing capacities of the leading companies
5. Product development and innovation: Provides intelligent insights into future technologies, R&D activities and new product developments
The report answers questions like:
1. What is the market size and forecast of the global crane rental market?
2. What are the restraining factors and effects of COVID-19 on the global crane rental market over the forecast period?
3. In which products / segments / applications / areas should investments be made in the global crane rental market during the forecast period?
4. What is the strategic competitive window for opportunities in the global crane rental market?
5. What are the technology trends and legal frameworks in the global crane rental market?
6. What modes and strategic steps are considered appropriate for entering the global crane rental market?
Read the full report: https://www.reportlinker.com/p05940306/?utm_source=GNW
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