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South Korea Aerial Work Platform (AWP) Rental Market Share

  • Report ID: GMI3298
  • Published Date: May 2019
  • Report Format: PDF

South Korea Aerial Work Platform Rental Market Share

Prominent players in the South Korea aerial work platform rental market include

  • Korea Rental Corporation
  • AJ Networks
  • YK Construction Equipment
  • Prince Lift

These companies own a fleet of more than 1,000 units and provide machines at various locations. The players are investing in regional expansion strategies to offer the rental services in the other locations in South Korea and Asian countries including Thailand, Indonesia, etc. The companies are also purchasing several new machines owing to the increasing demand from application industries. For instance, in February 2019, Korea Rental Corporation announced an annual investment of USD 20 million in MEWPs over the next five years. This investment will increase the company’s fleet to 13,000 units and aid in gaining a major share in the industry.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of south korea awp rental was exceeded USD 300 million in 2018.

The industry share of south korea awp rental will grow at a CAGR of 3% from 2019 to 2025.

South Korea Aerial Work Platform Rental Market Scope

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  • Base Year: 2018
  • Companies covered: 8
  • Tables & Figures: 79
  • Pages: 94
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