Monday, March 12, 2018

Powered Access Equipment Hire Market - 5 Key Facts

  • The Powered Access Equipment Hire market is expected to grow by 6% between 2017 and 2020. 
  • The hire market is a particularly important part of the supply chain for MEWPs in the UK, representing around 80% of manufacturers’ sales.
  • Scissor lifts and boom lifts dominate hire fleets in 2016, accounting for a share of 47% and 29% respectively in terms of the volume of equipment hired.
  • Boom lifts account for nearly half (48%) the total value of the UK powered access hire market.
  • It is estimated that 70-75% of hire market revenue is accounted for by specialist companies.
These facts have been extracted from AMA Research's 'Powered Access Equipment Hire Market Report - UK 2017-2021 Analysis' available for purchase now. 



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