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IPAF Report: U.S. Powered Access Rentals will Rise 11 Percent in 2012

The results are based on independent studies conducted by Ducker Research, which used interviews as its main research. The sample of rental companies interviewed represents about 60 percent of the estimated total AWP rental market.

 Rental revenues for aerial work platforms (AWPs) in the US decreased 4 percent in 2010, to about $5.7 billion. But they’re expected to grow five percent in 2011, and 11 percent in 2012, according to the IPAF US Powered Access Rental Report 2011.

“There are strong indicators for a real recovery of a somewhat embattled AWP market in recent months,” said IPAF CEO Tim Whiteman. “The US market is seen to be more mature, more generalist, more concentrated and is expected to recover more rapidly than Europe.”

The reports are presented in an easy-to-read format that highlights key facts and figures, such as fleet size, utilization rate, and retention period. New for this year is the analysis of fleet mix, comparing the proportion of scissors and booms. Booms represent about 40 percent and scissors about 60 percent of the US AWP fleet. No change in the mix is expected during the next few years.
IPAF has also published the IPAF European Powered Access Rental Report 2011. The European study covers 11 countries: Belgium, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the UK. Seven individual country/regional sections are included in the European report.
“These reports from IPAF are invaluable in providing an insight into the current powered access rental market,” said Kevin Appleton, chief executive of the Lavendon Group, one of the largest access rental companies in Europe. “They identify future trends, issues and opportunities which may affect those in it. I have found them to be essential reading and would recommend them to anyone responsible for powered access rental management.”
The IPAF US and European Powered Access Rental Reports 2011 are available in English and can be purchased at www.ipaf.org/reports.

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