Crane Rental Market by Type (Mobile, Fixed), End-Use Industry (Building & Construction, Oil & Gas, Marine & Offshore, Mining & Excavation, Transportation), Weightlifting Capacity (Low, Low-Medium, Heavy, Extreme Heavy) & Region - Global Forecast to 2029
The Cranes rental market is projected to reach USD 64.8 Billion by 2029, at a CAGR of 5.1% from USD 50.6 Billion in 2024.
The cranes rental market is driven by several key factors, including the ongoing global expansion in construction and infrastructure development, particularly in emerging economies where urbanization and industrialization are accelerating. Additionally, the increased focus on cost-efficiency encourages companies to opt for rentals over purchases to avoid the high capital expenditure associated with buying new equipment. Technological advancements, such as telematics and remote monitoring, enhance the appeal of renting over owning by improving operational efficiencies and reducing downtime. Environmental regulations and sustainability goals also play a significant role, pushing companies towards renting newer, eco-friendly models that comply with stricter emission standards. Furthermore, the flexibility offered by rental agreements allows businesses to adapt quickly to changing project needs and market conditions, making crane rentals a more versatile option for companies needing specialized lifting capabilities for short-term projects.
“Mobile cranes type, is expected to be the largest type segment for Cranes rental market during the forecast period, in terms of value.”
Mobile cranes are often preferred over fixed cranes due to their versatility, mobility, and cost-effectiveness, making them highly adaptable to a variety of construction scenarios. Unlike fixed cranes, which require significant installation efforts and are stationary, mobile cranes can be easily transported from one site to another, facilitating quick transitions and reducing downtime between construction phases. This mobility is crucial for projects that span large areas or multiple sites, allowing for seamless repositioning. Additionally, mobile cranes are available in several configurations to handle different terrains and lifting needs, such as rough-terrain cranes for uneven sites and all-terrain cranes that combine the capabilities of truck-mounted and rough-terrain cranes. This versatility is complemented by a simpler setup process, which does not require the long preparation times or the extensive infrastructure and support that fixed cranes do. Cost-wise, mobile cranes eliminate the need for permanent crane installations, making them a more economical choice for projects with limited duration or budget constraints. Furthermore, their ability to operate within confined spaces and their relatively lower initial investment and maintenance costs make mobile cranes a practical option for many projects, especially in urban environments where space and financial efficiency are paramount. Overall, the preference for mobile cranes in many construction projects stems from their ability to offer significant operational flexibility, reduced setup times, and cost savings, catering effectively to the dynamic needs of modern construction environments.
“low weightlifting capacity cranes is expected to be the largest eightlifting capacity segment for Cranes rental market during the forecast period, in terms of value.”
Low weightlifting capacity cranes are often preferred over higher capacity cranes for a variety of reasons, particularly in urban and residential construction projects where space is limited and precision is required. These cranes, typically able to handle loads from a few tons up to around 20 tons, are highly valued for their compactness and maneuverability, enabling them to operate efficiently in constrained environments where larger cranes would be impractical or impossible to deploy. This smaller size significantly reduces the logistical challenges associated with transporting and setting up large-scale cranes, such as road closures, heavy transport permits, and the extensive setup time that larger cranes necessitate. Additionally, low capacity cranes require less power and are more economical to operate, not only in terms of fuel consumption but also in terms of operational costs, including hiring skilled operators and the necessary supporting infrastructure. Their ease of use and reduced footprint also minimize the impact on surrounding areas—a crucial factor in city centers and active commercial zones where minimizing disruption is essential. Furthermore, these cranes are versatile enough to perform a wide range of tasks, from lifting construction materials to installing prefabricated components, making them indispensable tools in the modern construction toolkit. Given these advantages, low weightlifting capacity cranes offer an optimal balance of functionality, efficiency, and cost-effectiveness, making them a preferred choice for projects that do not require extremely heavy lifting but still demand high levels of precision and flexibility..
“Building & construction is expected to be the fastest growing end-use industry segment for Cranes rental market during the forecast period, in terms of value.”
The building and construction segment is the largest end-use industry for the crane rental market, significantly outpacing sectors like mining, excavation, transportation, and offshore drilling. This predominance is primarily due to the vast scale and continuous nature of construction activities across the globe. Urbanization and economic growth are fueling extensive residential, commercial, and infrastructural projects, particularly in emerging economies, which inherently require a wide range of crane services. Unlike the mining and offshore industries, which are subject to cyclical market conditions and can be highly sensitive to global economic shifts and commodity price fluctuations, the construction sector benefits from a more stable demand curve, driven by ongoing urban expansion and governmental infrastructure initiatives.
Furthermore, construction projects often involve multiple, versatile applications for cranes, from lifting raw materials to placing prefabricated parts, necessitating diverse types of cranes, such as mobile, tower, and truck-mounted cranes. This variety widens the scope of rental opportunities within the sector. In contrast, industries like mining or offshore drilling typically require specialized equipment and are often located in remote or environmentally sensitive areas, which can complicate logistics and increase operational costs.
Additionally, regulatory and environmental considerations in urban and developed environments tend to favor the rental model over purchasing cranes. Renting allows construction companies to adapt to varying project needs without the long-term financial commitment of owning equipment, which can be particularly advantageous in meeting the stringent safety and emissions regulations commonly enforced in urban construction scenarios.
The consistent, year-round demand combined with regulatory advantages and the diverse application of cranes in construction projects cements the building and construction industry's position as the primary customer base in the crane rental market. This sector's robustness ensures that crane rental services remain integral to meeting the logistical challenges posed by modern construction demands, further solidifying its dominance over other industries reliant on crane usage.
“Based on region, Asia pacific was the largest market for Cranes rental market in 2023.”
Asia Pacific holds the distinction of being the largest market for crane rentals, a status driven by several key factors that differentiate it from other regions. First and foremost, rapid urbanization across many Asian countries, notably China, India, and Southeast Asian nations, has led to an unprecedented scale of construction activity. These countries are seeing extensive development in both urban and rural areas, including the construction of residential buildings, commercial complexes, and critical infrastructure like roads, bridges, and airports. Such vast and varied construction activity requires a broad array of cranes, making crane rental services indispensable. Furthermore, Asia Pacific benefits from a robust economic growth trajectory, which fuels investment in both public and private construction projects. Governments in the region are prioritizing infrastructure development as a means to boost economic growth, enhance connectivity, and improve living standards, which in turn drives the demand for cranes. Additionally, initiatives like China's Belt and Road Initiative and India's Smart Cities Mission catalyze significant regional development projects, demanding extensive use of rental cranes for efficient completion.
The region’s focus on infrastructure as a pathway to economic stability and growth has made it a fertile ground for the crane rental market. Unlike Western markets that may already have substantial infrastructure in place and therefore show a slower rate of large-scale construction, Asia Pacific continues to expand its infrastructure footprint aggressively.
Moreover, the cost-sensitivity in many Asia Pacific markets makes renting a more viable option than purchasing. Rental services offer flexibility and cost-efficiency, critical for the budget-conscious strategies of many companies in the region. This financial pragmatism, combined with a high volume of ongoing construction projects, ensures that the demand for rental cranes remains consistently high, securing Asia Pacific's position as the leading market in the global cranes rental industry.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
Research Coverage
This report segments the market for the Cranes rental market on the basis of type, end-use, weightlifting capacity and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the Cranes rental market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the Cranes rental market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
The cranes rental market is driven by several key factors, including the ongoing global expansion in construction and infrastructure development, particularly in emerging economies where urbanization and industrialization are accelerating. Additionally, the increased focus on cost-efficiency encourages companies to opt for rentals over purchases to avoid the high capital expenditure associated with buying new equipment. Technological advancements, such as telematics and remote monitoring, enhance the appeal of renting over owning by improving operational efficiencies and reducing downtime. Environmental regulations and sustainability goals also play a significant role, pushing companies towards renting newer, eco-friendly models that comply with stricter emission standards. Furthermore, the flexibility offered by rental agreements allows businesses to adapt quickly to changing project needs and market conditions, making crane rentals a more versatile option for companies needing specialized lifting capabilities for short-term projects.
“Mobile cranes type, is expected to be the largest type segment for Cranes rental market during the forecast period, in terms of value.”
Mobile cranes are often preferred over fixed cranes due to their versatility, mobility, and cost-effectiveness, making them highly adaptable to a variety of construction scenarios. Unlike fixed cranes, which require significant installation efforts and are stationary, mobile cranes can be easily transported from one site to another, facilitating quick transitions and reducing downtime between construction phases. This mobility is crucial for projects that span large areas or multiple sites, allowing for seamless repositioning. Additionally, mobile cranes are available in several configurations to handle different terrains and lifting needs, such as rough-terrain cranes for uneven sites and all-terrain cranes that combine the capabilities of truck-mounted and rough-terrain cranes. This versatility is complemented by a simpler setup process, which does not require the long preparation times or the extensive infrastructure and support that fixed cranes do. Cost-wise, mobile cranes eliminate the need for permanent crane installations, making them a more economical choice for projects with limited duration or budget constraints. Furthermore, their ability to operate within confined spaces and their relatively lower initial investment and maintenance costs make mobile cranes a practical option for many projects, especially in urban environments where space and financial efficiency are paramount. Overall, the preference for mobile cranes in many construction projects stems from their ability to offer significant operational flexibility, reduced setup times, and cost savings, catering effectively to the dynamic needs of modern construction environments.
“low weightlifting capacity cranes is expected to be the largest eightlifting capacity segment for Cranes rental market during the forecast period, in terms of value.”
Low weightlifting capacity cranes are often preferred over higher capacity cranes for a variety of reasons, particularly in urban and residential construction projects where space is limited and precision is required. These cranes, typically able to handle loads from a few tons up to around 20 tons, are highly valued for their compactness and maneuverability, enabling them to operate efficiently in constrained environments where larger cranes would be impractical or impossible to deploy. This smaller size significantly reduces the logistical challenges associated with transporting and setting up large-scale cranes, such as road closures, heavy transport permits, and the extensive setup time that larger cranes necessitate. Additionally, low capacity cranes require less power and are more economical to operate, not only in terms of fuel consumption but also in terms of operational costs, including hiring skilled operators and the necessary supporting infrastructure. Their ease of use and reduced footprint also minimize the impact on surrounding areas—a crucial factor in city centers and active commercial zones where minimizing disruption is essential. Furthermore, these cranes are versatile enough to perform a wide range of tasks, from lifting construction materials to installing prefabricated components, making them indispensable tools in the modern construction toolkit. Given these advantages, low weightlifting capacity cranes offer an optimal balance of functionality, efficiency, and cost-effectiveness, making them a preferred choice for projects that do not require extremely heavy lifting but still demand high levels of precision and flexibility..
“Building & construction is expected to be the fastest growing end-use industry segment for Cranes rental market during the forecast period, in terms of value.”
The building and construction segment is the largest end-use industry for the crane rental market, significantly outpacing sectors like mining, excavation, transportation, and offshore drilling. This predominance is primarily due to the vast scale and continuous nature of construction activities across the globe. Urbanization and economic growth are fueling extensive residential, commercial, and infrastructural projects, particularly in emerging economies, which inherently require a wide range of crane services. Unlike the mining and offshore industries, which are subject to cyclical market conditions and can be highly sensitive to global economic shifts and commodity price fluctuations, the construction sector benefits from a more stable demand curve, driven by ongoing urban expansion and governmental infrastructure initiatives.
Furthermore, construction projects often involve multiple, versatile applications for cranes, from lifting raw materials to placing prefabricated parts, necessitating diverse types of cranes, such as mobile, tower, and truck-mounted cranes. This variety widens the scope of rental opportunities within the sector. In contrast, industries like mining or offshore drilling typically require specialized equipment and are often located in remote or environmentally sensitive areas, which can complicate logistics and increase operational costs.
Additionally, regulatory and environmental considerations in urban and developed environments tend to favor the rental model over purchasing cranes. Renting allows construction companies to adapt to varying project needs without the long-term financial commitment of owning equipment, which can be particularly advantageous in meeting the stringent safety and emissions regulations commonly enforced in urban construction scenarios.
The consistent, year-round demand combined with regulatory advantages and the diverse application of cranes in construction projects cements the building and construction industry's position as the primary customer base in the crane rental market. This sector's robustness ensures that crane rental services remain integral to meeting the logistical challenges posed by modern construction demands, further solidifying its dominance over other industries reliant on crane usage.
“Based on region, Asia pacific was the largest market for Cranes rental market in 2023.”
Asia Pacific holds the distinction of being the largest market for crane rentals, a status driven by several key factors that differentiate it from other regions. First and foremost, rapid urbanization across many Asian countries, notably China, India, and Southeast Asian nations, has led to an unprecedented scale of construction activity. These countries are seeing extensive development in both urban and rural areas, including the construction of residential buildings, commercial complexes, and critical infrastructure like roads, bridges, and airports. Such vast and varied construction activity requires a broad array of cranes, making crane rental services indispensable. Furthermore, Asia Pacific benefits from a robust economic growth trajectory, which fuels investment in both public and private construction projects. Governments in the region are prioritizing infrastructure development as a means to boost economic growth, enhance connectivity, and improve living standards, which in turn drives the demand for cranes. Additionally, initiatives like China's Belt and Road Initiative and India's Smart Cities Mission catalyze significant regional development projects, demanding extensive use of rental cranes for efficient completion.
The region’s focus on infrastructure as a pathway to economic stability and growth has made it a fertile ground for the crane rental market. Unlike Western markets that may already have substantial infrastructure in place and therefore show a slower rate of large-scale construction, Asia Pacific continues to expand its infrastructure footprint aggressively.
Moreover, the cost-sensitivity in many Asia Pacific markets makes renting a more viable option than purchasing. Rental services offer flexibility and cost-efficiency, critical for the budget-conscious strategies of many companies in the region. This financial pragmatism, combined with a high volume of ongoing construction projects, ensures that the demand for rental cranes remains consistently high, securing Asia Pacific's position as the leading market in the global cranes rental industry.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
- By Company Type: Tier 1 - 30%, Tier 2 -35%, and Tier 3 - 35%
- By Designation: C-Level - 30%, Director Level - 15%, and Others - 55%
- By Region: North America - 20%, Europe -25%, Asia Pacific – 35%, Middle East & Africa - 10%, and South America- 10%
Research Coverage
This report segments the market for the Cranes rental market on the basis of type, end-use, weightlifting capacity and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the Cranes rental market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the Cranes rental market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers: The market growth is driven by the growing emphasis on sustainable development along with government support and reduced dependency on fossil fuels.
- Market Penetration: Comprehensive information on the Cranes rental market offered by top players in the global Cranes rental market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Cranes rental market.
- Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the Cranes rental market across regions.
- Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global Cranes rental market.
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Cranes rental market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Primary data sources
2.1.2.3 Key primary participants
2.1.2.4 Breakdown of primary interviews
2.1.2.5 Key industry insights
2.2 BASE NUMBER CALCULATION
2.2.1 SUPPLY-SIDE APPROACH
2.2.2 DEMAND-SIDE APPROACH
2.3 FORECAST NUMBER CALCULATION
2.3.1 SUPPLY SIDE
2.3.2 DEMAND SIDE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RECESSION IMPACT ANALYSIS
2.8 GROWTH FORECAST
2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CRANE RENTAL MARKET
4.2 CRANE RENTAL MARKET, BY TYPE
4.3 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY
4.4 CRANE RENTAL MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing emphasis on smart city developments
5.2.1.2 Increasing demand for crane rental solutions from
construction sector
5.2.2 RESTRAINTS
5.2.2.1 Preference for old cranes by crane rental companies
5.2.2.2 Price wars, reduced profit margins, and financial constraints
for new entrants
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing requirements for installation and maintenance
of wind turbines
5.2.3.2 Digitalization in crane rental market
5.2.4 CHALLENGES
5.2.4.1 Lack of skilled workforce
5.2.4.2 High initial investments
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.2.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CRANE
RENTAL SUPPLIERS
6.3 VALUE CHAIN ANALYSIS
6.3.1 PROCUREMENT AND ACQUISITION
6.3.2 OPERATIONS AND MAINTENANCE
6.3.3 MARKETING, SALES, AND CUSTOMER SUPPORT
6.3.4 LOGISTICS AND SAFETY COMPLIANCE
6.4 PRICING ANALYSIS
6.4.1 AVERAGE SELLING PRICE TREND, BY REGION
6.4.2 AVERAGE SELLING PRICE TREND, BY TYPE
6.4.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
6.5 ECOSYSTEM ANALYSIS
6.6 TECHNOLOGY ANALYSIS
6.7 PATENT ANALYSIS
6.7.1 METHODOLOGY
6.7.2 PATENTS GRANTED WORLDWIDE, 2014–2023
6.7.3 PATENT PUBLICATION TRENDS
6.7.4 INSIGHTS
6.7.5 LEGAL STATUS OF PATENTS
6.7.6 JURISDICTION ANALYSIS
6.7.7 TOP COMPANIES/APPLICANTS
6.7.8 LIST OF MAJOR PATENTS
6.8 TRADE ANALYSIS
6.8.1 IMPORT SCENARIO
6.8.2 EXPORT SCENARIO
6.9 KEY CONFERENCES AND EVENTS
6.10 TARIFF AND REGULATORY LANDSCAPE
6.10.1 TARIFF AND REGULATORY REGULATIONS RELATED TO CRANE
RENTAL MARKET
6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.10.3 REGULATIONS RELATED TO CRANE RENTAL MARKET
6.11 PORTER’S FIVE FORCES ANALYSIS
6.11.1 BARGAINING POWER OF SUPPLIERS
6.11.2 THREAT OF NEW ENTRANTS
6.11.3 THREAT OF SUBSTITUTES
6.11.4 BARGAINING POWER OF BUYERS
6.11.5 INTENSITY OF COMPETITIVE RIVALRY
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.12.2 BUYING CRITERIA
6.13 MACROECONOMIC INDICATORS
6.13.1 GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES
6.14 CASE STUDY ANALYSIS
6.14.1 MAMMOET’S SK350 CRANE: EMPOWERING MONUMENTAL SUCCESS
WITH 7,000 US TON LIFTS
6.14.2 GAS-FIRED POWER PLANT MAINTENANCE PROJECT: MAMMOET’S
SUCCESS IN MINIMIZING DOWNTIME
7 CRANE RENTAL MARKET, BY TYPE
7.1 INTRODUCTION
7.2 FIXED CRANES
7.2.1 UNPARALLELED STABILITY, HEIGHT, AND LIFTING CAPACITY
TO DRIVE DEMAND
7.3 MOBILE CRANES
7.3.1 UNMATCHED MOBILITY, VERSATILITY, AND ADAPTABILITY TO VARIOUS JOB SITE CONDITIONS AND PROJECT REQUIREMENTS TO DRIVE DEMAND
8 CRANE RENTAL MARKET, BY END USE INDUSTRY
8.1 INTRODUCTION
8.2 BUILDING & CONSTRUCTION
8.2.1 RESIDENTIAL CONSTRUCTION
8.2.1.1 Growing preference for rental over ownership of cranes
to drive market
8.2.2 COMMERCIAL CONSTRUCTION
8.2.2.1 Need to reduce downtime and improve project efficiency
to drive market
8.3 INFRASTRUCTURE
8.3.1 WIDE-RANGING AND VARIED INFRASTRUCTURE PROJECTS GLOBALLY
TO GENERATE SUBSTANTIAL DEMAND FOR CRANE RENTALS
8.4 OIL & GAS
8.4.1 DEPENDENCE ON SPECIALIZED LIFTING SOLUTIONS AND REQUIREMENT
FOR OPERATIONAL FLEXIBILITY TO FUEL DEMAND FOR CRANE RENTALS
8.5 ENERGY AND POWER
8.5.1 REQUIREMENT FOR DIVERSE ARRAY OF LIFTING SOLUTIONS IN ENERGY
AND POWER SECTOR TO DRIVE MARKET
8.6 MARINE & OFFSHORE
8.6.1 GROWING EMPHASIS ON OFFSHORE WIND FARMS AND RENEWABLE ENERGY PROJECTS TO DRIVE MARKET
8.7 MINING & EXCAVATION
8.7.1 REQUIREMENT FOR SPECIALIZED LIFTING SOLUTIONS IN REMOTE AND CHALLENGING TERRAINS TO FUEL DEMAND FOR CRANE RENTALS
8.8 TRANSPORTATION
8.8.1 VARIED TRANSPORT INFRASTRUCTURE PROJECTS AND OPERATIONAL REQUIREMENTS TO DRIVE MARKET
8.9 OTHERS
8.9.1 MANUFACTURING AND INDUSTRIAL
8.9.2 WAREHOUSING AND LOGISTICS
8.9.3 AGRICULTURE AND FORESTRY
9 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY
9.1 INTRODUCTION
9.2 LOW
9.2.1 SUITABILITY FOR WIDE ARRAY OF TASKS IN VARIOUS INDUSTRIES
TO DRIVE DEMAND
9.3 LOW TO MEDIUM
9.3.1 DEMAND IN VARIOUS PROJECTS SPANNING MODEST RESIDENTIAL DEVELOPMENTS TO EXPANSIVE INFRASTRUCTURE ENDEAVORS
TO DRIVE MARKET
9.4 HEAVY
9.4.1 APPLICABILITY IN INTRICATE AND EXTENSIVE PROJECTS SPANNING MULTIPLE INDUSTRIES TO DRIVE DEMAND
9.5 EXTREME HEAVY
9.5.1 DEMAND FOR PRECISE, EFFICIENT, AND SAFE HANDLING OF SPECIALIZED PROJECTS INVOLVING MASSIVE LOADS TO DRIVE MARKET
10 CRANE RENTAL MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 RECESSION IMPACT
10.2.2 CHINA
10.2.2.1 China to lead crane rental market in Asia Pacific during
forecast period
10.2.3 JAPAN
10.2.3.1 Increasing construction activities post-2011 earthquake
to drive market
10.2.4 INDIA
10.2.4.1 Increasing investments in infrastructure developments to fuel market
10.2.5 AUSTRALIA
10.2.5.1 Flourishing mining & excavation industry to drive market
10.2.6 SOUTH KOREA
10.2.6.1 Infrastructure boom and technological advancements to drive market
10.2.7 REST OF ASIA PACIFIC
10.3 MIDDLE EAST & AFRICA
10.3.1 RECESSION IMPACT
10.3.2 GCC COUNTRIES
10.3.3 UAE
10.3.3.1 Increasing government investments and ongoing construction projects to drive market
10.3.4 SAUDI ARABIA
10.3.4.1 Flourishing oil & gas industry to contribute to drive market growth
10.3.5 REST OF GCC COUNTRIES
10.3.6 SOUTH AFRICA
10.3.6.1 Change in market dynamics from long-term rental to short-term rental to fuel market
10.3.7 REST OF MIDDLE EAST & AFRICA
10.4 NORTH AMERICA
10.4.1 RECESSION IMPACT
10.4.2 US
10.4.2.1 Ongoing renovation of old infrastructures and increasing demand for rented cranes from various industries to drive market
10.4.3 CANADA
10.4.3.1 Increasing investments in infrastructure development projects
to drive market
10.4.4 MEXICO
10.4.4.1 Increasing private investments in infrastructure development
to drive market
10.5 EUROPE
10.5.1 RECESSION IMPACT
10.5.2 GERMANY
10.5.2.1 Increasing infrastructure spending to drive market
10.5.3 FRANCE
10.5.3.1 Rising investments in construction industry to fuel market
10.5.4 UK
10.5.4.1 Flourishing construction industry to drive market
10.5.5 ITALY
10.5.5.1 Recovering construction industry to fuel market
10.5.6 SPAIN
10.5.6.1 Increasing investments in non-residential projects to drive market
10.5.7 SWEDEN
10.5.7.1 Increasing government initiatives and flourishing non-residential sector to drive market
10.5.8 AUSTRIA
10.5.8.1 Expansion of urban areas and commercial building projects
to drive market
10.5.9 SWITZERLAND
10.5.9.1 Building permit delays to affect crane rental industry
10.5.10 REST OF EUROPE
10.6 SOUTH AMERICA
10.6.1 RECESSION IMPACT
10.6.2 BRAZIL
10.6.2.1 Flourishing end use industries to drive market
10.6.3 ARGENTINA
10.6.3.1 Sustainable economic development and foreign direct
investments to drive market
10.6.4 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 MARKET SHARE ANALYSIS
11.3.1 RANKING OF KEY MARKET PLAYERS, 2023
11.3.2 MARKET SHARE OF KEY PLAYERS
11.4 REVENUE ANALYSIS
11.5 BRAND/PRODUCT COMPARISON
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.6.1 STARS
11.6.2 EMERGING LEADERS
11.6.3 PERVASIVE PLAYERS
11.6.4 PARTICIPANTS
11.6.5 COMPANY FOOTPRINT
11.6.5.1 Company footprint
11.6.5.2 Type footprint
11.6.5.3 Weightlifting capacity footprint
11.6.5.4 End use industry footprint
11.6.5.5 Region footprint
11.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
11.7.5 COMPETITIVE BENCHMARKING
11.7.5.1 Detailed list of key start-ups/SMEs
11.7.5.2 Competitive benchmarking of key start-ups/SMEs
11.7.6 COMPANY VALUATION AND FINANCIAL METRICS
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
11.8.2 DEALS
11.8.3 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 UNITED RENTALS INC.
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 LIEBHERR
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent development
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 PALFINGER AG
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent development
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 FURUKAWA UNIC CORPORATION
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 SARENS NV
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent development
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 MAMMOET
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.4 MnM view
12.1.6.4.1 Key strengths
12.1.6.4.2 Strategic choices
12.1.6.4.3 Weaknesses and competitive threats
12.1.7 THE MANITOWOC COMPANY INC.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.7.3 Recent developments
12.1.7.4 MnM view
12.1.7.4.1 Key strengths
12.1.7.4.2 Strategic choices
12.1.7.4.3 Weaknesses and competitive threats
12.1.8 MAXIM CRANE WORKS
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 MnM view
12.1.8.3.1 Key strengths
12.1.8.3.2 Strategic choices
12.1.8.3.3 Weaknesses and competitive threats
12.1.9 ACTION CONSTRUCTION EQUIPMENT LTD.
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.4 MnM view
12.1.9.4.1 Key strengths
12.1.9.4.2 Strategic choices
12.1.9.4.3 Weaknesses and competitive threats
12.1.10 MANITEX INTERNATIONAL INC.
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.4 MnM view
12.1.10.4.1 Key strengths
12.1.10.4.2 Strategic choices
12.1.10.4.3 Weaknesses and competitive threats
12.2 OTHER PLAYERS
12.2.1 WELDEX (INTERNATIONAL) OFFSHORE LTD.
12.2.2 MEDIACO GROUP
12.2.3 BUCKNER HEAVYLIFT CRANES, LLC
12.2.4 VMS EQUIPMENT
12.2.5 DAIKYO KENKI CO., LTD.
12.2.6 EUROGRUAS
12.2.7 SHINSEI MACHINERY CO., LTD.
12.2.8 AMERICAN CRANE RENTAL, INC.
12.2.9 SANGHVI MOVERS LIMITED
12.2.10 DEEP SOUTH CRANE & RIGGING LLC
12.2.11 STARLOG ENTERPRISES LIMITED
12.2.12 MYCRANE
12.2.13 LAMPSON INTERNATIONAL LLC
12.2.14 IMPERIAL CRANES
12.2.15 BKL BAUKRAN LOGISTIK GMBH
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Primary data sources
2.1.2.3 Key primary participants
2.1.2.4 Breakdown of primary interviews
2.1.2.5 Key industry insights
2.2 BASE NUMBER CALCULATION
2.2.1 SUPPLY-SIDE APPROACH
2.2.2 DEMAND-SIDE APPROACH
2.3 FORECAST NUMBER CALCULATION
2.3.1 SUPPLY SIDE
2.3.2 DEMAND SIDE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RECESSION IMPACT ANALYSIS
2.8 GROWTH FORECAST
2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CRANE RENTAL MARKET
4.2 CRANE RENTAL MARKET, BY TYPE
4.3 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY
4.4 CRANE RENTAL MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing emphasis on smart city developments
5.2.1.2 Increasing demand for crane rental solutions from
construction sector
5.2.2 RESTRAINTS
5.2.2.1 Preference for old cranes by crane rental companies
5.2.2.2 Price wars, reduced profit margins, and financial constraints
for new entrants
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing requirements for installation and maintenance
of wind turbines
5.2.3.2 Digitalization in crane rental market
5.2.4 CHALLENGES
5.2.4.1 Lack of skilled workforce
5.2.4.2 High initial investments
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.2.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CRANE
RENTAL SUPPLIERS
6.3 VALUE CHAIN ANALYSIS
6.3.1 PROCUREMENT AND ACQUISITION
6.3.2 OPERATIONS AND MAINTENANCE
6.3.3 MARKETING, SALES, AND CUSTOMER SUPPORT
6.3.4 LOGISTICS AND SAFETY COMPLIANCE
6.4 PRICING ANALYSIS
6.4.1 AVERAGE SELLING PRICE TREND, BY REGION
6.4.2 AVERAGE SELLING PRICE TREND, BY TYPE
6.4.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
6.5 ECOSYSTEM ANALYSIS
6.6 TECHNOLOGY ANALYSIS
6.7 PATENT ANALYSIS
6.7.1 METHODOLOGY
6.7.2 PATENTS GRANTED WORLDWIDE, 2014–2023
6.7.3 PATENT PUBLICATION TRENDS
6.7.4 INSIGHTS
6.7.5 LEGAL STATUS OF PATENTS
6.7.6 JURISDICTION ANALYSIS
6.7.7 TOP COMPANIES/APPLICANTS
6.7.8 LIST OF MAJOR PATENTS
6.8 TRADE ANALYSIS
6.8.1 IMPORT SCENARIO
6.8.2 EXPORT SCENARIO
6.9 KEY CONFERENCES AND EVENTS
6.10 TARIFF AND REGULATORY LANDSCAPE
6.10.1 TARIFF AND REGULATORY REGULATIONS RELATED TO CRANE
RENTAL MARKET
6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.10.3 REGULATIONS RELATED TO CRANE RENTAL MARKET
6.11 PORTER’S FIVE FORCES ANALYSIS
6.11.1 BARGAINING POWER OF SUPPLIERS
6.11.2 THREAT OF NEW ENTRANTS
6.11.3 THREAT OF SUBSTITUTES
6.11.4 BARGAINING POWER OF BUYERS
6.11.5 INTENSITY OF COMPETITIVE RIVALRY
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.12.2 BUYING CRITERIA
6.13 MACROECONOMIC INDICATORS
6.13.1 GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES
6.14 CASE STUDY ANALYSIS
6.14.1 MAMMOET’S SK350 CRANE: EMPOWERING MONUMENTAL SUCCESS
WITH 7,000 US TON LIFTS
6.14.2 GAS-FIRED POWER PLANT MAINTENANCE PROJECT: MAMMOET’S
SUCCESS IN MINIMIZING DOWNTIME
7 CRANE RENTAL MARKET, BY TYPE
7.1 INTRODUCTION
7.2 FIXED CRANES
7.2.1 UNPARALLELED STABILITY, HEIGHT, AND LIFTING CAPACITY
TO DRIVE DEMAND
7.3 MOBILE CRANES
7.3.1 UNMATCHED MOBILITY, VERSATILITY, AND ADAPTABILITY TO VARIOUS JOB SITE CONDITIONS AND PROJECT REQUIREMENTS TO DRIVE DEMAND
8 CRANE RENTAL MARKET, BY END USE INDUSTRY
8.1 INTRODUCTION
8.2 BUILDING & CONSTRUCTION
8.2.1 RESIDENTIAL CONSTRUCTION
8.2.1.1 Growing preference for rental over ownership of cranes
to drive market
8.2.2 COMMERCIAL CONSTRUCTION
8.2.2.1 Need to reduce downtime and improve project efficiency
to drive market
8.3 INFRASTRUCTURE
8.3.1 WIDE-RANGING AND VARIED INFRASTRUCTURE PROJECTS GLOBALLY
TO GENERATE SUBSTANTIAL DEMAND FOR CRANE RENTALS
8.4 OIL & GAS
8.4.1 DEPENDENCE ON SPECIALIZED LIFTING SOLUTIONS AND REQUIREMENT
FOR OPERATIONAL FLEXIBILITY TO FUEL DEMAND FOR CRANE RENTALS
8.5 ENERGY AND POWER
8.5.1 REQUIREMENT FOR DIVERSE ARRAY OF LIFTING SOLUTIONS IN ENERGY
AND POWER SECTOR TO DRIVE MARKET
8.6 MARINE & OFFSHORE
8.6.1 GROWING EMPHASIS ON OFFSHORE WIND FARMS AND RENEWABLE ENERGY PROJECTS TO DRIVE MARKET
8.7 MINING & EXCAVATION
8.7.1 REQUIREMENT FOR SPECIALIZED LIFTING SOLUTIONS IN REMOTE AND CHALLENGING TERRAINS TO FUEL DEMAND FOR CRANE RENTALS
8.8 TRANSPORTATION
8.8.1 VARIED TRANSPORT INFRASTRUCTURE PROJECTS AND OPERATIONAL REQUIREMENTS TO DRIVE MARKET
8.9 OTHERS
8.9.1 MANUFACTURING AND INDUSTRIAL
8.9.2 WAREHOUSING AND LOGISTICS
8.9.3 AGRICULTURE AND FORESTRY
9 CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY
9.1 INTRODUCTION
9.2 LOW
9.2.1 SUITABILITY FOR WIDE ARRAY OF TASKS IN VARIOUS INDUSTRIES
TO DRIVE DEMAND
9.3 LOW TO MEDIUM
9.3.1 DEMAND IN VARIOUS PROJECTS SPANNING MODEST RESIDENTIAL DEVELOPMENTS TO EXPANSIVE INFRASTRUCTURE ENDEAVORS
TO DRIVE MARKET
9.4 HEAVY
9.4.1 APPLICABILITY IN INTRICATE AND EXTENSIVE PROJECTS SPANNING MULTIPLE INDUSTRIES TO DRIVE DEMAND
9.5 EXTREME HEAVY
9.5.1 DEMAND FOR PRECISE, EFFICIENT, AND SAFE HANDLING OF SPECIALIZED PROJECTS INVOLVING MASSIVE LOADS TO DRIVE MARKET
10 CRANE RENTAL MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 RECESSION IMPACT
10.2.2 CHINA
10.2.2.1 China to lead crane rental market in Asia Pacific during
forecast period
10.2.3 JAPAN
10.2.3.1 Increasing construction activities post-2011 earthquake
to drive market
10.2.4 INDIA
10.2.4.1 Increasing investments in infrastructure developments to fuel market
10.2.5 AUSTRALIA
10.2.5.1 Flourishing mining & excavation industry to drive market
10.2.6 SOUTH KOREA
10.2.6.1 Infrastructure boom and technological advancements to drive market
10.2.7 REST OF ASIA PACIFIC
10.3 MIDDLE EAST & AFRICA
10.3.1 RECESSION IMPACT
10.3.2 GCC COUNTRIES
10.3.3 UAE
10.3.3.1 Increasing government investments and ongoing construction projects to drive market
10.3.4 SAUDI ARABIA
10.3.4.1 Flourishing oil & gas industry to contribute to drive market growth
10.3.5 REST OF GCC COUNTRIES
10.3.6 SOUTH AFRICA
10.3.6.1 Change in market dynamics from long-term rental to short-term rental to fuel market
10.3.7 REST OF MIDDLE EAST & AFRICA
10.4 NORTH AMERICA
10.4.1 RECESSION IMPACT
10.4.2 US
10.4.2.1 Ongoing renovation of old infrastructures and increasing demand for rented cranes from various industries to drive market
10.4.3 CANADA
10.4.3.1 Increasing investments in infrastructure development projects
to drive market
10.4.4 MEXICO
10.4.4.1 Increasing private investments in infrastructure development
to drive market
10.5 EUROPE
10.5.1 RECESSION IMPACT
10.5.2 GERMANY
10.5.2.1 Increasing infrastructure spending to drive market
10.5.3 FRANCE
10.5.3.1 Rising investments in construction industry to fuel market
10.5.4 UK
10.5.4.1 Flourishing construction industry to drive market
10.5.5 ITALY
10.5.5.1 Recovering construction industry to fuel market
10.5.6 SPAIN
10.5.6.1 Increasing investments in non-residential projects to drive market
10.5.7 SWEDEN
10.5.7.1 Increasing government initiatives and flourishing non-residential sector to drive market
10.5.8 AUSTRIA
10.5.8.1 Expansion of urban areas and commercial building projects
to drive market
10.5.9 SWITZERLAND
10.5.9.1 Building permit delays to affect crane rental industry
10.5.10 REST OF EUROPE
10.6 SOUTH AMERICA
10.6.1 RECESSION IMPACT
10.6.2 BRAZIL
10.6.2.1 Flourishing end use industries to drive market
10.6.3 ARGENTINA
10.6.3.1 Sustainable economic development and foreign direct
investments to drive market
10.6.4 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 MARKET SHARE ANALYSIS
11.3.1 RANKING OF KEY MARKET PLAYERS, 2023
11.3.2 MARKET SHARE OF KEY PLAYERS
11.4 REVENUE ANALYSIS
11.5 BRAND/PRODUCT COMPARISON
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.6.1 STARS
11.6.2 EMERGING LEADERS
11.6.3 PERVASIVE PLAYERS
11.6.4 PARTICIPANTS
11.6.5 COMPANY FOOTPRINT
11.6.5.1 Company footprint
11.6.5.2 Type footprint
11.6.5.3 Weightlifting capacity footprint
11.6.5.4 End use industry footprint
11.6.5.5 Region footprint
11.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
11.7.5 COMPETITIVE BENCHMARKING
11.7.5.1 Detailed list of key start-ups/SMEs
11.7.5.2 Competitive benchmarking of key start-ups/SMEs
11.7.6 COMPANY VALUATION AND FINANCIAL METRICS
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
11.8.2 DEALS
11.8.3 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 UNITED RENTALS INC.
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 LIEBHERR
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent development
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 PALFINGER AG
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent development
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 FURUKAWA UNIC CORPORATION
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 SARENS NV
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent development
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 MAMMOET
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.4 MnM view
12.1.6.4.1 Key strengths
12.1.6.4.2 Strategic choices
12.1.6.4.3 Weaknesses and competitive threats
12.1.7 THE MANITOWOC COMPANY INC.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.7.3 Recent developments
12.1.7.4 MnM view
12.1.7.4.1 Key strengths
12.1.7.4.2 Strategic choices
12.1.7.4.3 Weaknesses and competitive threats
12.1.8 MAXIM CRANE WORKS
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 MnM view
12.1.8.3.1 Key strengths
12.1.8.3.2 Strategic choices
12.1.8.3.3 Weaknesses and competitive threats
12.1.9 ACTION CONSTRUCTION EQUIPMENT LTD.
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.4 MnM view
12.1.9.4.1 Key strengths
12.1.9.4.2 Strategic choices
12.1.9.4.3 Weaknesses and competitive threats
12.1.10 MANITEX INTERNATIONAL INC.
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.4 MnM view
12.1.10.4.1 Key strengths
12.1.10.4.2 Strategic choices
12.1.10.4.3 Weaknesses and competitive threats
12.2 OTHER PLAYERS
12.2.1 WELDEX (INTERNATIONAL) OFFSHORE LTD.
12.2.2 MEDIACO GROUP
12.2.3 BUCKNER HEAVYLIFT CRANES, LLC
12.2.4 VMS EQUIPMENT
12.2.5 DAIKYO KENKI CO., LTD.
12.2.6 EUROGRUAS
12.2.7 SHINSEI MACHINERY CO., LTD.
12.2.8 AMERICAN CRANE RENTAL, INC.
12.2.9 SANGHVI MOVERS LIMITED
12.2.10 DEEP SOUTH CRANE & RIGGING LLC
12.2.11 STARLOG ENTERPRISES LIMITED
12.2.12 MYCRANE
12.2.13 LAMPSON INTERNATIONAL LLC
12.2.14 IMPERIAL CRANES
12.2.15 BKL BAUKRAN LOGISTIK GMBH
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
