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Procurement Market Intelligence Report

Aerial Lift Rental
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Aerial Lift Rental?

What is the average price of Aerial Lift Rental?

This procurement report includes pricing information to help you purchase Aerial Lift Rental. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Aerial Lift Rental been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Aerial Lift Rental yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Aerial Lift Rental?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Aerial Lift Rental with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

The top four vendors of aerial lift rentals (United Rentals, Sunbelt Rentals, Hertz Equipment Rental and Ahern Rentals) command between 30.0% and 50.0% of the market in 2020, indicating a moderate level of market share concentration. The largest suppliers have been undergoing considerable merger and acquisition activity. For example, in... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Maintenance & Repairs

Do you have a preventative maintenance program in place?

What testing procedure do you perform before renting out equipment?

Do you guarantee response times for repairing equipment in my possession?

How will you handle any equipment failure that occurs while in my possession?

Additional Services

What training services are included in your quoted price?

What kind of phone support do you offer? Is it available at all times?

What is your return policy if the equipment does not meet my expectations?

How much more does it cost to purchase an extended warranty?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain when and how many payments will be made.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for each aerial lift.

Selection Criteria

Buyers should evaluate the experience of the supplier.

Buyers should make sure the provider offers aerial lifts with the appropriate specifications.

Buyers should evaluate suppliers based on the estimated costs of the units they are offering.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers need to include the date proposals are due and when award information will be available.

Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Suppliers of aerial lift rental face a moderate degree of supply chain risk, which stems primarily from machinery and equipment manufacturers and wholesalers due to their reliance on steel as a primary input. During the three years to 2020, steel prices have exhibited a high level of volatility due to... Subscribe to learn more.