Cranes Rental Market Soaring

The cranes rental market is estimated to be $42.1 billion in 2019 and is projected to reach $53.1 billion by 2024, growing at a CAGR of 4.7% from 2019 to 2024. Increasing demand for rental cranes from various end-use industries, coupled with growing investments from domestic & foreign investors in the country’s economy is expected to drive the growth of cranes rental market during the forecast period.