AWPs are popular among the construction community, but they are equally sought after within fields such as oil and gas and facilities management. Due to the diverse range of applications, there is no such thing as a ‘typical’ AWP end user.
Increased oil and gas drilling activities across the globe is one of the main drivers in the market. The drilling activities have increased the demand for rental oilfield equipment, which is expected to propel the growth of the market.
CERF Incorporated and Winalta Inc. have entered into a definitive arm's-length agreement to combine CERF's oilfield rentals business, waste management, and construction rentals businesses with Winalta's oilfield accommodation rentals business.
Zilliant has announced a new simplified approach to rental rate optimization, called Rational Pricing, that will enable equipment rental companies to improve utilization and revenue by better aligning rates with market and customer relationship dynamics.