Tower Crane Rental Market share 2023: Global Industry Future, Demand-Supply and Regional Analysis to 2030
Tower Crane Rental Market share Scenario Globally, the tower crane rental market occupies a high CAGR of about 6.10% USD 7,634.20 million during the market forecast for 2022–2030 As per the latest study by Market Research Future Reports (MRFR), the global tower crane rental market in 2022 is estimated to expand due to the rising demand for real estate and infrastructure. The Tower Crane Rental Market share has witnessed significant growth due to the increasing dependence of small and medium companies on rental services owing to the inability to afford the cranes. Besides, renting a tower crane enables the contractors to lower the working capital expenses of the project and offer access to developed equipment. Furthermore, the growth of the construction industry plays an essential role in market expansion. In addition, the government of several countries are focusing on enhancing and developing the infrastructure and are making a massive investments for the same. This propels the...