NEW
YORK, June 18, 2024 /PRNewswire/ -- The global
construction scaffolding rental market size is estimated to
grow by USD 3.10 bilion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of almost 5.15% during the forecast
period. rise in global construction activities is
driving market growth, with a trend towards introduction
of scaffolding robots However, shortage of skilled labor
poses a challenge.Key market players include Altrad Group,
American Scaffolding, Apollo Scaffold Services Ltd., Approved
Access Ltd., ASA SCAFFOLDING SERVICES Ltd., Ashtead Group Plc,
Associates Scaffolding Co. Inc., ASW Scaffolding Ltd., Atlantic
Pacific Equipment LLC, Brand Industrial Services Inc., CALLMAC
Scaffolding UK Ltd., Coles Groundworks Ltd., Condor S.p.A., Hi Tech
Scaffolding Pvt. Ltd., Modern China Scaffolding
Manufacturing Ltd., Pee Kay Scaffolding and Shuttering Ltd.,
Shiv Scaffolding and Shuttering, Southwest Scaffolding and Supply
Co., The Brock Group, and United Rentals Inc..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Supported,
Mobile, and Suspended), Application (New Construction,
Refurbishment, and Demolition), End-user (Non-residential and
Residential), and Geography (APAC, North America, Europe, Middle
East and Africa, and South America)
|
Region
Covered
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
Altrad Group, American
Scaffolding, Apollo Scaffold Services Ltd., Approved Access Ltd.,
ASA SCAFFOLDING SERVICES Ltd., Ashtead Group Plc, Associates
Scaffolding Co. Inc., ASW Scaffolding Ltd., Atlantic Pacific
Equipment LLC, Brand Industrial Services Inc., CALLMAC Scaffolding
UK Ltd., Coles Groundworks Ltd., Condor S.p.A., Hi Tech Scaffolding
Pvt. Ltd., Modern China Scaffolding Manufacturing Ltd., Pee
Kay Scaffolding and Shuttering Ltd., Shiv Scaffolding and
Shuttering, Southwest Scaffolding and Supply Co., The Brock Group,
and United Rentals Inc.
|
Key Market Trends Fueling Growth
The construction scaffolding rental market experiences growth
through technological advances, including ERP software solutions.
These systems streamline processes like inventory management,
delivery tracking, and automatic billing for rental providers. Key
vendors, such as Orion Software, Scaftech, and ARM, offer ERP
software. RFID technology, used by companies like Altrad, enhances
equipment monitoring and availability checks. These advanced
technologies reduce lead times and improve overall efficiency in
the market.
The scaffolding rental market is experiencing significant
growth, with demand coming from various construction projects. Key
players in this market include suppliers and contractors. The use
of scaffolding is essential for constructing and maintaining
buildings, especially tall structures. Scaffolding types include
suspended scaffolds, tube and clamp scaffolds, and system
scaffolds. Safety is a top priority, with regulations requiring
regular inspections and certifications. The market is also seeing
trends towards more sustainable and eco-friendly scaffolding
solutions. Additionally, advancements in technology are leading to
the development of smart scaffolds, which offer increased
efficiency and safety. Overall, the construction scaffolding rental
market is a vital sector, providing essential infrastructure for
the construction industry.
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Market Challenges
- The construction scaffolding rental market faces a significant
challenge due to the shortage of skilled labor. With over 2.3
million workers in the US construction industry utilizing
scaffolds, proper erection and dismantling are crucial for safety
and project efficiency. OSHA mandates that scaffold erectors hold
relevant degrees or experience. This requirement, adopted by
numerous countries, contributes to the labor shortage. New Zealand, for instance, is experiencing
this issue during its construction industry growth. Delays in
scaffolding installation and dismantling ensue, impacting
construction timelines in the UK and other regions. Additionally,
scaffolding is vital for industrial maintenance, particularly in
refineries in the US, further highlighting the need for a skilled
workforce. To tackle this issue, countries like New Zealand offer vocational courses in
engineering to cultivate a skilled labor pool for the construction
industry.
- The construction scaffolding rental market faces several
challenges. The demand for scaffolding is high due to the
increasing number of construction projects. However, the supply of
scaffolding may not always meet this demand, leading to shortages
and price fluctuations. Another challenge is the cost of renting
scaffolding, which can be significant for large projects.
Additionally, the safety and compliance requirements for
scaffolding use can be complex and time-consuming. Furthermore, the
transportation and installation of scaffolding can also add to the
overall cost and complexity of a project. Lastly, the durability
and quality of scaffolding are crucial factors, as substandard
equipment can lead to accidents and delays.
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challenges - Download a Sample Report
Segment Overview
This construction scaffolding rental market report extensively
covers market segmentation by
- Product
- 1.1 Supported
- 1.2 Mobile
- 1.3 Suspended
- Application
- 2.1 New Construction
- 2.2 Refurbishment
- 2.3 Demolition
- End-user
- 3.1 Non-residential
- 3.2 Residential
- Geography
- 4.1 APAC
- 4.2 North America
- 4.3 Europe
- 4.4 Middle East and
Africa
- 4.5 South America
1.1 Supported- Construction scaffolding rental
market experiences significant growth due to increased
infrastructure investments. Governments, like India, allocate substantial funds for
infrastructure development, driving the demand for supported
scaffolds. Between 2019 and 2023, India plans to invest USD1.4 trillion, with USD750 billion allocated for railway
infrastructure alone. This investment trend boosts the market
growth for supported scaffolds, which hold a major market
share.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The Construction Scaffolding Rental Market is a significant
segment of the infrastructure market, catering to the needs of the
construction and mining industries. This market is driven by the
demand for building supplies and construction equipment in the
context of non-residential construction ventures. The market
situation is influenced by automatic service updates and the
production of smarter machinery. Raw material prices also play a
crucial role in shaping the market dynamics. The market research
report indicates a growing trend towards marine scaffolding and the
employment of construction staff for efficient scaffolding
installation and dismantling. Manufacturing bases in various
regions contribute to the market's expansion. The market's ranking
is determined by factors such as quality, reliability, and
cost-effectiveness.
Market Research Overview
The Construction Scaffolding Rental Market is a significant
sector within the construction industry, providing essential
infrastructure for various projects. This market caters to the
rental needs of scaffolding, a vital component in building and
infrastructure development. Scaffolding is used for various
purposes, including providing a safe working platform, facilitating
access to hard-to-reach areas, and supporting heavy loads during
construction. The market offers different types of scaffolding,
such as system scaffolding, tube and clamp scaffolding, and
suspended scaffolding, among others. The demand for construction
scaffolding rental services is driven by factors like increasing
construction activities, the need for safety and compliance with
regulations, and the preference for rental over purchase due to
cost savings. The market is competitive, with numerous players
offering a range of scaffolding solutions to cater to diverse
client requirements.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Supported
- Mobile
- Suspended
- Application
-
- New Construction
- Refurbishment
- Demolition
- End-user
-
- Non-residential
- Residential
- Geography
-
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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