LONDON--(BUSINESS WIRE)--Technavio has been monitoring the construction scaffolding rental market and it is poised to grow by $ 2.30 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
- What are the major trends in the market?
Rise in construction activities in developing countries is a major trend driving the growth of the market. - At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 4.08% and the incremental growth of the market is anticipated to be $ 2.30 billion. - Who are the top players in the market?
Altrad Group, Apollo Scaffold Services Ltd., ASA Scaffolding Services Ltd., Ashtead Group Plc, Brand Industrial Services Inc., Condor Spa, MONDRAGON Corp., Pee Kay Scaffolding and shuttering Ltd., The Brock Group, and United Rentals Inc, are some of the major market participants. - What is the key market driver?
The use of advanced technologies is one of the major factors driving the market - How big is the APAC market?
The APAC region will contribute 50% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altrad Group, Apollo Scaffold Services Ltd., ASA Scaffolding Services Ltd., Ashtead Group Plc, Brand Industrial Services Inc., Condor Spa, MONDRAGON Corp., Pee Kay Scaffolding and shuttering Ltd., The Brock Group, and United Rentals Inc. are some of the major market participants. The use of advanced technologies will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Construction scaffolding rental market 2020-2024: Segmentation
Construction scaffolding rental market is segmented as below:
- Application
- New Construction
- Refurbishment
- Demolition
- Product
- Supported
- Mobile
- Suspended
- End-user
- Non-residential
- Residential
- Geography
- APAC
- North America
- Europe
- MEA
- South America
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Construction scaffolding rental market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The construction scaffolding rental market report covers the following areas:
- Construction scaffolding rental market Size
- Construction scaffolding rental market Trends
- Construction scaffolding rental market Industry Analysis
This study identifies a rise in construction activities in developing countries as one of the prime reasons driving the construction scaffolding rental market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Construction scaffolding rental market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist construction scaffolding rental market growth during the next five years
- Estimation of the construction scaffolding rental market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the construction scaffolding rental market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of construction scaffolding rental market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Supported - Market size and forecast 2019-2024
- Mobile - Market size and forecast 2019-2024
- Suspended - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- New Construction - Market size and forecast 2019-2024
- Refurbishment - Market size and forecast 2019-2024
- Demolition - Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by End-user
- Market segments
- Comparison by End-user placement
- Non-residential - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver - Demand led growth
- Volume driver - External factors
- Price driver - Inflation
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Altrad Group
- Apollo Scaffold Services Ltd.
- ASA Scaffolding Services Ltd.
- Ashtead Group Plc
- Brand Industrial Services Inc.
- Condor Spa
- MONDRAGON Corp.
- Pee Kay Scaffolding and shuttering Ltd.
- The Brock Group
- United Rentals Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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