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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Mobile Cranes Rental Market Outlook
The Australia mobile cranes rental market size reached USD 185.70 million in 2023. The market is expected to grow at a CAGR of 3.98% between 2024 and 2032, reaching USD 262.27 million by 2032.
Key Takeaways:
- The Australian construction sector, per the International Trade Administration, achieves over $162 billion annually in building activities.
- Mineral exploration expenditure rose by 0.9% in recent quarterly data on Australia's mineral and petroleum exploration in January 2024.
- The marine sector, per The Australian Institute of Marine Science, added $105.3 billion to GDP and supported 462,000 full-time jobs in 2020-21.
Construction activities drive the Australia mobile crane rental market growth due to their versatility, enabling navigation through construction sites, access to confined areas, and operation across various landscapes
In construction, mobile cranes provide adaptability in confined areas and various landscapes, precisely lifting heavy materials. They improve productivity, safety with load indicators, and cost-effectiveness through easy setup and access to remote sites.
In July 2023, JDM Diesel Services, a TRT TIDD Crane Dealer in Victoria, sold a TIDD PC28-2 to Colac Mobile Cranes, known for rigging, heavy lifting, and safety-focused services. The TIDD PC28-2 enhances their fleet with top-notch safety features.
In mining and excavation, mobile cranes efficiently lift heavy loads, minimizing downtime with swift material handling. They adjust to site alterations, enhance safety through maintenance services, and offer cost-effective solutions through rental choices.
Market Segmentation
Australia Mobile Cranes Rental Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- All Terrain Crane
- Floating Crane
- Truck Crane
- Others
Market Breakup by Capacity
- Up to 30 Ton
- 30 - 50 Ton
- 50 - 75 Ton
- 75 – 100 Ton
- Above 100 Ton
Market Breakup by Application
- Construction
- Mining & Excavation
- Marine & Offshore
- Industrial
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia mobile cranes rental market key players Rex Constructions PTY LTD, Altec, Inc., Titan Cranes Pty Ltd, Freo Group Pty Ltd, Borger Crane Hire and Rigging Services Pty Ltd., Pakenham Crane Trucks, Cranecorp Australia and Joyce Krane Australia among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Capacity |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 185.70 million in 2023.
The market is projected to grow at a CAGR of 3.98% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 262.27 million in 2032.
The mobile cranes rental market is categorised according to product type, which includes all terrain cranes, floating cranes, truck cranes, and others.
The key players are Rex Constructions PTY LTD, Altec, Inc., Titan Cranes Pty Ltd, Freo Group Pty Ltd, Borger Crane Hire and Rigging Services Pty Ltd., Pakenham Crane Trucks, Cranecorp Australia and Joyce Krane Australia among others.
Based on the application, the market is divided into construction, mining & excavation, marine & offshore and industrial.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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