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(AWP) Aerial Work Platform Rental Market Share

Report ID: GMI2414
Published Date: May 2020
Report Format: PDF

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Aerial Work Platform Rental Market Share

Companies operating in the AWP rental industry are adopting various strategies, such as offering wider product ranges and flexible access platform rental plans, to gain market shares. For instance, United Rentals offer over 100 models of aerial work platforms with various platform widths, lifting heights, and power types. The company operating in this market also offers daily, weekly, and monthly AWP rental plans to enhance flexibility. Market players are also focusing on maintaining optimum fleet size to cater to varied customer demands.

AWP rental players are investing in cleaner and new equipment to ensure there is no shortage of advanced equipment. Players are making huge investments in appropriate equipment maintenance and repair to improve the equipment performance.

Some of the major AWP rental market companies include

Ashtead Group
United Rentals
Loxam
Aktio Corporation
Kilotou
Riwal
Nesco Rentals
Herc Holdings Inc.
Haulotte Group
AFI Uplift Ltd.
Sunstate Equipment Company

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of AWP rental was valued over USD 17.5 billion in 2019.

The industry share of AWP rental is projected to grow at more than 6% CAGR during 2020 to 2026.

As per the market analysis, the construction industry held around 50% share in 2019.

The North America market is expected to grow at 6.5% CAGR through 2026, says this GMI report.

Some of the major industry players include Ashtead Group, United Rentals, Loxam, Aktio Corporation, Kilotou, Riwal, Nesco Rentals, Herc Holdings Inc., Haulotte Group, AFI Uplift Ltd., and Sunstate Equipment Company.