The Global Aerial Work Platforms Market Report is a compilation of comprehensive research studies of various aspects of the Aerial Work Platforms Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Aerial Work Platforms market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Aerial Work Platforms market and how they will evolve in the years to come.
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Global aerial work platforms market was valued at US$ 9,625.66 million in 2022 and is expected to reach US$ 25,398.55 million by 2030, growing at an estimated CAGR of 11.4 % over the forecast period.. Godrej Material Handling (Godrej & Boyce Manufacturing Co. Ltd.), HAULOTTE GROUP, Hunan SINOBOOM Heavy Industry Co., Ltd., IMER International SpA, J C Bamford Excavators Ltd, Hyster-Yale Materials Handling, Inc. (Hyster), JLG Industries, KLUBB, Linamar Corporation (Skyjack), Manitou B and other market participants.
Aerial work platforms are finding adoption across wide range of industries as they help in reaching out to greater heights very smoothly. These platforms are gaining popularity owing to rising awareness regarding worker safety, focus towards saving time and increasing efficiency. Demand for aerial work platforms from construction industry has been witnessing at a notable growth. They are being used in the construction and repair processes across residential as well as commercial sites. In power and utilities industry, these platforms are finding application for installation and maintenance of power lines, street lights and similar tasks. Truck mounted platforms are relatively more popular with a relatively higher market share. This is due to their robust nature with steering and axle technology that makes them self-reliant to reach at workplaces. They find higher usage at maintenance and repair sites. Aerial work platforms market has been witnessing various technological advancements such as emergence of fully electric platforms as well as ones that operate on battery. Technologies such as telematics and load sense are getting integrated with aerial platforms, hence, increasing security, reliability, and ease of operations.
Market participants operating in this industry are looking to expand into emerging markets to capitalize upon emerging opportunities. The Asia Pacific region is expected to be most lucrative from business perspective as the construction market continues to grow at over 15% in emerging countries such as India and China. Moreover, a range of products are being offered by companies as per demand for various industries. In present scenario, aerial small and medium sized users of aerial work platforms are looking to rent the product instead of making a purchase.
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Aerial work platforms market
- By Drive Type
- Two Wheel
- All Wheel
- By Movement Type
- Truck Mounted
- Self-Propelled
- By Lift Mechanism
- Scissor Lift
- Articulated Lift
- Telescopic Lift
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Norway
- Sweden
- Benelux Union
- Belgium
- The Netherlands
- Luxemburg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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