Cranes are usually rented by the end user under contract plant leasing agreements (CPA), rather than purchased, because of the various cost advantages associated with these agreements including insurance, maintenance and fault liability to be addressed by the leasing company.

Market Analysis and Insights: Global Cranes Rental Market
The global Cranes Rental market size is projected to reach US$ 43010 million by 2027, from US$ 34700 million in 2020, at a CAGR of 2.7% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cranes Rental market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cranes Rental market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cranes Rental market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cranes Rental market.

Global Cranes Rental Scope and Market Size
Cranes Rental market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cranes Rental market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Mobile Cranes
Fixed Cranes

Segment by Application
Construction
Oil & Gas
Transportation
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Ahern Rentals
All Erection & Crane Rental Corp
Hitachi
Buckner Heavylift
Al Jaber Group
HSS Hire Group
Lampson International
Action Construction
Mammoet
ALE Heavylift
TAT Hong Holdings
Sarilar Group
Sarens Corporate