The aerial work platform rental market continues to recover

The aerial work platform rental market continued to recover, and leasing companies began to expand their equipment inventory in the past two years to seize the market. According to statistics, in 2015, the number of high-altitude platforms in the global leasing market was about 1.12 million sets, a year-on-year growth rate of 8%. In 2016, the number of high-altitude platforms in the global leasing market was about 1.17 million sets, an increase of about 4.5% year-on-year. The world's top 50 equipment holdings account for about half of the entire rental equipment market. According to the data on equipment holdings, the top 50 global high-altitude platform leasing companies had 665,000 sets in 2017, up 11.8% year-on-year; the top 10 equipment in 2017 was 523,000 sets, up 22.1 year-on-year. %; the top 5 equipment holdings in 2017 were 291,000 sets, an increase of 31.1% year-on-year. According to the rough estimate of the number of newly added equipment in the top 50, according to the newly added equipment in the global leasing market, the global rental market has added a new aerial work platform (excluding the update demand) in 2016. The global leasing market has added a new aerial work platform (excluding the update). Demand exceeds 100,000 sets, and in 2017 more than 130,000 sets.

In 2017, the world's top 50 leasers' equipment holdings increased by 11.8% year-on-year.

2017, the world's top 10 leasers accounted for 81.1% of the top 50 equipment possessions

Statistics show that US high-altitude platform leasing industry revenue is expected to reach US$9.3 billion in 2017, up 4% year-on-year, and is expected to reach US$9.72 billion in 2018, up 4.5% year-on-year. The US rental market equipment inventory was 561,000 units in 2016 and is expected to reach 583,000 units in 2017.

2017 US rental market revenue is expected to reach $9.3 billion

2017 US rental market equipment inventory is expected to reach 583,000 sets

A survey of the high-altitude platform leasing industry in ten European countries, including Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the United Kingdom, found that the European and American aerial work platform rental market has basically kept pace. It is estimated that the rental income of the European 10-nation leasing market will exceed 2.54 billion euros at the end of 2017, while the equipment stock will reach 276,000.

2017 European ten-country rental income is expected to reach 2.54 billion euros

In 2017, the stock of rental equipment in ten European countries reached 276,000 units.

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