Latest News- Construction Scaffolding Rental Market: Supported is expected to lead the Product segment during 2025-2029

The Construction Scaffolding Rental Market is being driven by Rise in global construction activities

The Construction Scaffolding Rental Market is expected to grow at a CAGR of 5.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3384.4 million. In the dynamic and time-sensitive construction industry, the global scaffolding rental market has witnessed significant technological advancements. To ensure prompt delivery of scaffolding to construction sites and adhere to project deadlines, leading rental providers are leveraging Enterprise Resource Planning (ERP) software solutions. These advanced technologies streamline various processes, including inventory management, scaffold location tracking, availability checking, delivery monitoring, and return management. ERP systems facilitate automatic billing for simplified payments and offer maintenance and repair tracking capabilities, thereby enhancing operational efficiency and customer satisfaction. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Supported
  • Mobile
  • Suspended
• Application
  • New construction
  • Refurbishment
  • Demolition
• End-user
  • Non-residential
  • Residential
• Type
  • Frame scaffolding
  • Tube and clamp scaffolding
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in global construction activities
• Stringent safety regulations
• Increasing penetration of rentals

However, the market also witnesses some limitations, which are as follows:

• Shortage of skilled labor
• Improper management
• Negligence associated with following safety regulations

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Market Scope in Construction Scaffolding Rental Market Research Report

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Research Analysis Overview

The construction scaffolding rental market encompasses various aspects such as scaffolding rental rates, durations, and contract terms. It also includes scaffolding delivery and pickup, assembly and disassembly, repair and refurbishment. Inventory and fleet management are crucial, along with outsourcing options. Innovations like automation and sustainability enhance efficiency, productivity, and cost-effectiveness. Safety compliance and industry certifications are paramount, with regular events and conferences fostering industry advancements.

Market Research Overview

The global construction and engineering market encompasses businesses specializing in non-residential construction, including engineering service providers and Engineering, Procurement, and Construction (EPC) contractors. This market excludes entities involved in residential construction. According to Technavio, the market's size is determined by the consolidated revenue generated by non-residential engineering service providers and EPC contractors. Factors driving growth in the construction and engineering market include the increasing investment in urban infrastructure. Population expansion and escalating demands for transportation, communication services, and essential utilities, such as water and electricity, necessitate significant urban development in major cities worldwide.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/