An aerial work platform (AWP) Market is commonly used for all kinds of maintenance and construction activities, especially when it needs to be done at a certain height. It is used extensively in maintaining overhead lines in the power and telecommunications and arboriculture industries.
Aerial work platforms might even have advanced features including access and transport, including electrical outlets, and compressed air connectors for power tools. It can also be fitted with specialized equipment, such as window glass frames and underbridge units for lifting operators to a certain height required for any working location.
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Moreover, the rapid development for equipment from myriad industries has pushed manufacturers to sell technically fitted instruments such as electrification and hybridization technology, thus further widening the potential of development over the near future for the market for aerial work platforms. Scissor lifts are likely to remain highly preferred, accounting for over half of aerial work platforms sold through 2031.
Key Takeaways of Aerial Work Platforms Market Study
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Competitive Landscape
The aerial work platform market exhibits a high degree of consolidation. Companies operating in the market have been focusing on technology improvements and strategic collaborations to gain a competitive advantage.
For instance:
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By Segment:
Product Type
Aerial work platforms might even have advanced features including access and transport, including electrical outlets, and compressed air connectors for power tools. It can also be fitted with specialized equipment, such as window glass frames and underbridge units for lifting operators to a certain height required for any working location.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-1797
Moreover, the rapid development for equipment from myriad industries has pushed manufacturers to sell technically fitted instruments such as electrification and hybridization technology, thus further widening the potential of development over the near future for the market for aerial work platforms. Scissor lifts are likely to remain highly preferred, accounting for over half of aerial work platforms sold through 2031.
Key Takeaways of Aerial Work Platforms Market Study
- Between 2021 and 2031, the aerial work platform market will expand at a CAGR of 12.0%
- The U.S. will emerge as a highly lucrative pocket, accounting for over 90% of the North America market in 2021, in terms of value
- The U.K. will exhibit steady growth post slowdown in 2020. FMI projects it to record above 1.5% Y-o-Y growth in 2021
- Rising construction spending will continue supporting demand from Germany and France
- Investment in infrastructural development will boost growth in Japan, South Korea, and China
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Competitive Landscape
The aerial work platform market exhibits a high degree of consolidation. Companies operating in the market have been focusing on technology improvements and strategic collaborations to gain a competitive advantage.
For instance:
- Haulotte Group launched an auto-power of the system to limit the power consumption while the boom is idle. This new system was launched in 2019. To achieve this, the company incorporated its diagnostic tool, called Haulotte ActivScreen Cat 2 with a novel feature to enable auto power off
- In 2019, Tadano Limited announced the launch of a compact rough terrain crane, available for sale in North America and named it GR-150XL-3
- Terex Corporation
- J C BAMFORD EXCAVATORS Ltd.
- Aichi Corporation
- Haulotte Group
- Linamar Corporation
- Hunan Sinoboom Heavy Industry Co. Ltd.
- Manitou Group
- Tadano Limited
- Zhejiang Dingli Machinery Co., Ltd.
- OSHKOSH CORPORATION
- MEC AERIAL WORK PLATFORMS
- PALFINGER AG
- IMER INTERNATIONAL SpA
- MANUAL HEAVY INDUSTRY CO., LTD
- NOBLELIFT INTELLIGENT EQUIPMENTCO., LTD
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By Segment:
Product Type
- Boom Lifts
- Scissor Lifts
- Truck/Crawler Mounted Lifts
- Push Around Aerial Work Platforms
- Spider Lifts
- Others
- Below 10 Meters
- 10 to 20 Meters
- 20 to 30 Meters
- Above 30 Meters
- Gas/ Diesel
- Electric
- Hybrid
- Industry
- Construction
- Mining
- Transportation and Logistics
- Manufacturing
- Aerospace and Defence
- Others (Utility, Government, etc.)
- Rental Providers
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- The Middle East and Africa
