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Jan 21, 2024

Scaffolding Market Size to Grow by USD 17.31 Billion

News provided by 02 Feb, 2022, 23:00 ET Share this article NEW YORK, Feb. 2,

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02 Feb, 2022, 23:00 ET

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NEW YORK, Feb. 2, 2022 /PRNewswire/ -- The "Scaffolding Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the scaffolding market between 2021 and 2026 is USD 17.31 billion. The report also identifies the market to witness an accelerated growth momentum at a CAGR of 6.16%.

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

The rise in construction activities in developing countries and stringent safety regulations are some of the key market drivers. However, factors such as shortage of skilled labor will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report!

Key Market Segment Analysis:

The scaffolding market report is segmented by End-user (Construction, Ship building, Electrical maintenance, and Others) and Geography (APAC, North America, Europe, MEA, and South America). The construction sector accounted for the largest revenue-generating end-user segment of the scaffolding market in 2021. The segment will continue to dominate the scaffolding market growth during the forecast period. In terms of geography, APAC will be the leading region with 47% of the market's growth during the forecast period. China and India are the key markets for the scaffolding market in APAC. Stringent safety regulations will facilitate the scaffolding market growth in APAC over the forecast period.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned with their Offerings

Some of the other dominant players covered in this report are:

Related Reports:

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Modular Construction Market by Type and Geography - Forecast and Analysis 2021-2025

Construction Scaffolding Rental Market by Product, Application, End-user, and Geography - Forecast and Analysis 2021-2025

Scaffolding Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.16%

Market growth 2022-2026

$ 17.31 billion

Market structure

Fragmented

YoY growth (%)

5.41

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 47%

Key consumer countries

US, China, UK, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ADTO Industrial Group Co. Ltd., Brand Industrial Services Inc., Cangzhou Weisitai Scaffolding Co. Ltd., Changli XMWY Formwork Scaffolding Co. Ltd., GRUPO ULMA S. COOP, MJ-Gerust GmbH, PERI AG, Sunshine Enterprise, Waco Kwikform Ltd., and Wilhelm Layher Holding GmbH and Co. KG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]Website: www.technavio.com/

SOURCE Technavio