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IPAF: US Powered Access Rental Market Growing

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International Powered Access Federation estimates the worldwide rental fleet for powered access equipment  to be around 950,000 units. The U.S. aerial work platform rental market experienced robust growth in 2012 (+6%) to reach approximately $6.6 billion, according to the IPAF US Powered Access Rental Market Report 2013. While rental companies kept fleet sizes steady in 2011, 2012 saw a return to fleet expansion (+6%). Fleet size and investments are expected to increase in 2013.

The Brazilian access platform rental fleet is estimated at 19,000 to 19,500 units at the end of 2012, a growth of 30% over 2011.

The European powered access rental market in the 10 countries surveyed remained stable in 2012 (+0%) and is estimated at approximately €2.3 billion ($3 billion), according to the IPAF European Powered Access Rental Market Report 2013. The 10 European countries surveyed were Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the UK.

The European rental market shows mixed results and is marked by three groups: Those who struggled in 2012 (Spain, Italy and the Netherlands), those who slightly increased rental revenues (Denmark, UK, France and Sweden), and those who experienced significant growth (Germany, Finland and Norway).

The IPAF U.S. and European Powered Access Rental Market Reports 2013 are available in English.

Source: IPAF.org

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