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The global cranes rental market size was USD 48.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.1% during the forecast period. Rising demand for rental cranes owing rapid growth of the construction industry and infrastructure development is a key factor driving market revenue growth.

The report is inclusive of updated information about the current global economic situation in view of the COVID-19 outbreak. The global health emergency has led to several significant changes in the global economy, and subsequently, the Cranes Rental business sector. These changes have, therefore, brought about a large number of business risks and threats for the companies operating in this industry. Hence, the report offers an overall assessment of this ever-evolving market and closely studies the present and future effects of the pandemic on this market.

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Competitive Terrain:

The global Cranes Rental industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Maxim Crane Works, United Rentals Inc., TNT Crane & Rigging, Bigge Crane and Rigging Co, Endeavor Business Media, LLC, Crane Rental Service, Inc., Tadano Ltd, Barracuda Networks, Inc., Barnhart, Bay Crane, Deep South Crane & Rigging, LLC, Lampson International LLC, Sims Crane & Equipment, Sarens n.v./s, Mammoet, BUCKNER HEAVYLIFT CRANES, LLC, Runnion Equipment Company, Imperial Crane, Bragg Companies, and Bishop Lifting

Additional information offered by the report:

Along with a complete overview of the global Cranes Rental market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Cranes Rental market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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Segments Covered in this report are:

Type of Cranes Outlook (Revenue, USD Billion; 2019-2032)
Mobile Cranes
Tower Cranes
Telescopic Handlers
Overhead Cranes
Floating Cranes
Gantry Cranes
Loader Cranes
Weight Lifting Capacity Outlook (Revenue, USD Billion; 2019-2032)
Low
Medium
Heavy
Extreme Heavy
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Construction and Infrastructure
Energy and Utilities
Manufacturing
Maritime and Ports
Mining and Resources
Transportation and Logistics
Agriculture
Radical Highlights of the Cranes Rental Market Report:

Comprehensive overview of the Cranes Rental market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Cranes Rental market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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