Tuesday, 02 January 2024 12:17 GMT

Material Lift Rental Market Is Forecast To Reach Us$ 47.5 Billion By The End Of The 2033 X Herald


(MENAFN- Ameliorate Digital Consultancy) According to Fact.MR, insights of Material Lift Rental Market is a specialized and in-depth study of the industry with a special focus on the key trends of Material Lift Rental Market is a service. The report aims to provide an overview with detailed segmentation by type, application, end use and geography. The global Material Lift Rental Market is expected to witness high growth during the forecast period.

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In the fast-paced world of construction, industrial projects, and logistics, efficiency is the name of the game. Businesses are continually seeking ways to optimize their operations, increase productivity, and reduce costs. One versatile solution that has gained popularity across various industries is material lift rentals. In this blog, we'll explore the benefits and advantages of renting material lifts, shedding light on why it has become a smart choice for businesses seeking a competitive edge.

This study on the global Material Lift Rental Market has product, material, and country-specific data, along with market size valuation and forecast price point assessment of the same.

This newly published and insightful report compounds sheds light on key dynamics, Key Trends of Material Lift Rental Market and their impact on the overall value chain from Material Lift Rental Market to end-users, which are expected to transform the future of the Material Lift Rental Market sales.

Country-wise Insights

China is consistently investing in infrastructure and construction projects, which is increasing the demand for material lifts to handle big loads and other jobs and opening up new growth prospects for the industry.

For illustration:

Around 27 trillion yuan (US$ 4.2 trillion) would be invested overall in new infrastructure during the 14th Five-Year Plan Period.

As a result, the market for renting material lifts is driven by the expanding construction sector. Also, the expansion of China's equipment rental market suggests that more companies are using rentals as a cost-cutting measure, which may increase demand for material lift rental services.

The absolute dollar opportunity in China's material lift leasing industry is estimated to be US$ 5.0 billion, with a CAGR of 5.4% expected.

Key Companies Profiled In This Report

  • BlueLine Rental
  • Haulotte Group
  • Herc Rentals
  • Kennards Hire
  • NES Rentals
  • Sunbelt Rentals
  • United Rentals

Key Highlights

  • Sales of Material Lift Rental Market In 2023
  • Competitive Analysis of Material Lift Rental Market
  • Material Lift Rental Market and Analysis of Material Lift Rental Market
  • Key Trends of Supply Side Analysis of Material Lift Rental Market
  • Outlook of Material Lift Rental Market
  • Insights of Material Lift Rental Market
  • Analysis of Material Lift Rental Market
  • Survey of Material Lift Rental Market
  • Size of Material Lift Rental Market

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Segmentation of Material Lift Rental Industry Research Report

  • By Type:
    • Scissor Lifts
    • Boom Lifts
    • Forklifts
    • Pallet Jacks
    • Vertical Mast Lifts
    • Material Hoists
    • Mobile Lift Tables
    • Others
  • By Functionality:
    • Lifting only
    • Lifting and Reach
    • Lifting and Carrying
  • By Operational Features:
    • Manual Lifts
    • Electric Lifts
    • Hydraulic Lifts
    • Pneumatic Lifts
    • Self-Propelled Lifts
  • By Lift Height:
    • Less than 50 Feet
    • 50-100 Feet
    • 100-150 Feet
    • Above 150 Feet
  • By End Use:
    • Construction and Infrastructure
    • Aerospace and Defence
    • Entertainment and Events
    • Facilities and Maintenance
    • Industrial and Manufacturing
    • Telecommunication and Utilities
    • Transportation and Logistics
    • Others
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.

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