The aerial work platform market is expected to witness market growth at a rate of 7.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aerial work platform market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of aerial work platform market.
An aerial work platform (AWP) is widely utilized for several maintenance and construction activities, especially when it requires to be done at a precise height. It is highly deployed in maintaining overhead lines in the power and telecommunications, and arboriculture industries. These also possess advanced features such as access and transport, consisting of compressed air connectors and electrical outlets for power tools.
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Scope of the Aerial Work Platform Market Report:
The aerial work platform market is segmented on the basis of product, type, platform height, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the aerial work platform market is segmented into boom lifts, scissor lifts, vertical mass lifts, and personal portable lifts.
- On the basis of type, the aerial work platform market is segmented into electric, and engine-powered.
- On the basis of platform height, the aerial work platform market is segmented into below 10 meters, 10 to 20 meters, 20 to 25 meters, and above 25 meters.
- On the basis of application, the aerial work platform market is segmented into rental, construction & mining, government, transportation & logistics, and utility.
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The major players covered in the aerial work platform market report are Terex Corporation., JCB India, AICHI CORPORATION, HAULOTTE GROUP, Linamar Corporation, Hunan Sinoboom Intelligent Equipment Co, Ltd, Zhejiang Dingli Machinery Co., Ltd., TADANO Ltd., Oshkosh Corporation, PALFINGER AG, IMER International SpA, MEC Aerial Work Platforms, Mantall Heavy Industry Co., Ltd, Manitou Group and Noblelift Intelligent Equipment Co.,Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Aerial Work Platform Market Regional Analysis/Insights
The Aerial Work Platform market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Aerial Work Platform market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Aerial Work Platform within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Aerial Work Platform market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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