Tower Crane Rental Service Market Insights Video

According to Cognitive Market Research, the global Tower Crane Rental Service market size is USD 12,618.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 5047.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 3785.4 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2902.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 630.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 252.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
• The Hammer Head held the highest Tower Crane Rental Service market revenue share in 2024.