Global Tower Crane Rental Market 2022 Growth, COVID Impact, Trends Analysis Report 2022 Demand for tower crane rentals grew at 1.5% CAGR between 2016 and 2020. The outbreak of the novel COVID-19 dampened sales prospects due to restrictions in movement and disrupted supply chains. The negative impact of COVID-19 pandemic has been felt in the construction industry as well. Tower cranes are widely used in the construction industry for transportation of heavy material and pre-made structures to be assembled at the location. Suspension of construction activities during first quarter of 2020 therefore resulted in decelerating demand during for tower cranes. Read More: https://www.futuremarketinsights.com/reports/tower-crane-rental-market