Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time
Albany, New York, July 13, 2018 /PRNewswire/--
According to a new market report entitled "Scaffolding Market-Global Industry Analysis, Scale, Share, Growth, Trends and Forecasts from 2018 to 2026" released by Transparency Market Research, by 2026, the global scaffolding market is expected to reach 78.4 billion U.S. dollars. From 2018 to 2026, it will grow at a compound annual growth rate of 6.1%. In 2017, North America had the highest market share in the scaffolding market.
(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg)
Scaffolding, also known as stage or scaffolding, is a non-permanent structure used to support workers and materials in construction, shipbuilding, oil and gas, and various other industries that require construction work. Various materials are used to make temporary scaffolding structures. These range from bamboo, wood, aluminum and steel to the latest high-strength steel grades. Scaffolding product leasing is an important source of income for participants in the scaffolding market. About 80% of the cost of scaffolding is consumed in the installation, disassembly and transportation of the scaffolding products. Lightweight scaffolding greatly improves the production efficiency of scaffolding products and improves its transportation efficiency.
Get a PDF manual of research insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=46818
The increasing demand for high-rise commercial buildings in the construction industry, improvements in residential infrastructure and new construction are expected to support the growth of the global scaffolding market within the forecast period. During the forecast period, maintenance involving cleaning, repairs, painting work, electrical installation and other activities will drive the demand for supporting or suspended scaffolding.
Depending on the size, type and installation location of the scaffolding, the cost of scaffold rental service is approximately US$15-50 per day or US$40-150 per week. The rent can be calculated on a daily, weekly, or monthly basis, or it can be per piece (charged per wheel, frame or guardrail) or as a complete package. If the scaffolding requires a higher height, the cost of converting to a low-scaffolding table is approximately US$35-350 or more, depending on the capacity and size. The price of the aluminum folding ladder is usually US$300-800, and it can be divided into two parts to support the aluminum plank/platform. A four-wheel mini scaffolding unit can be purchased at a price of US$80-US$300, depending on the load-bearing capacity and materials. Depending on the size (length and height of the scaffold plus the width of the working platform), material and capacity, the unit cost of heavy and larger scaffolding may range from US$200 to US$2,000 or more.
Request industry insight samples at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46818
The supporting scaffolding market segment is expected to have the highest compound annual growth rate from 2018 to 2026, at 6.2%. The construction advantages associated with supporting scaffolding, such as ease of installation, convenience, safety and cost-effectiveness, are expected to cause people to prefer this type of scaffolding for all construction requirements. Rolling scaffolding is mainly used for short-term projects that need to be carried out in multiple locations over longer distances. It is mainly used in the electrical and mechanical industries and is expected to have a compound annual growth rate of 5.9% within the forecast time frame.
Request a customized report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=46818
In terms of materials, aluminum is expected to have the highest growth prospects from 2018 to 2026. Because aluminum is lighter than steel, and most scaffolding needs to be manually lifted and placed in place, aluminum is more popular than steel because scaffolding can be built faster, which further reduces labor costs. In some developing countries, labor costs are very affordable; therefore, the use of bamboo and wood poles is common. Bamboo scaffolding is usually used in Asia because of its flexibility, strength and environmental protection.
In 2016, external scaffolding accounted for 86.3% of the global scaffolding market and is expected to continue to dominate within the forecast period. External scaffolding accounts for 50% of the overall structure of a building or ship, while internal scaffolding is mainly used for maintenance requirements. It is estimated that by 2026, the value of scaffolding used for external demand will reach US$68.27 billion.
Request multiple chapters of this report on https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=46818
The scaffolding industry is scattered around the world. The company is developing innovative products to maintain its market share. Some industry players in the global scaffolding market are Altrad Group, Brand Industrial Services Inc., PERI Group, ULMA Construction, Waco Kwikform Ltd. and Universal Building Supply, Inc.
Global scaffolding market, by product
Global scaffolding market, by material
Global scaffolding market, by location
Global scaffolding market, by end use
Global scaffolding market, by geographic location
Popular research reports from TMR:
Transparency Market Research (TMR) is a market intelligence company that provides global business information reports and services. We exclusively integrate quantitative forecasts and trend analysis to provide forward-looking insights for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to collect and analyze information.
Our data repository is constantly updated and revised by a team of research experts to always reflect the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research uses strict primary and secondary research techniques to develop unique data sets and research materials for business reports.
Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY-12207 US Phone: +1-518-618-1030 US-Canada Toll Free: 866-552-3453 Email: [Email Protection]
Website: https://www.transparencymarketresearch.com Research Blog: https://transparencyjournal.com/
More news releases on similar topics
Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time