Machinery and EquipmentPress Releases

Aerial Work Platforms Market Size, Developments Status, Trends and Leading Players Analysis, Forecast 2027

Share This Article

The global Aerial Work Platforms market size is expected to surpass around US$ 19.90 billion by 2027 and the market is expected to garner growth at a CAGR of 9.4% over the forecast period 2021 to 2027.

Get the sample copy of this report@ https://www.precedenceresearch.com/sample/1083

Growth Factors

Aerial Work Platform (AWP) is cost-effective as well as easy to use that has resulted into escalating adoption of AWP in various sectors that include repair, maintenance, manufacturing, construction, and other industrial sectors. The aforementioned factor expected to fuel growth of the global AWP market in the coming years. In addition, persistent rise in the demand for AWP from construction sector has led to an increased focus of market players on product enhancement and development that contributes as another key factor anticipated propelling the market growth for aerial work platform.

Moreover, growing demand for flexible equipment and automation in several industries projected to boost the market growth for AWP. Furthermore, mandatory safety standards from governments of various countries along with enhanced infrastructure of AWP expected to drive the AWP market growth in the near future.

Market Report Scope

Report Highlights Details
Market Size USD 19.90 Billion by 2027
Growth Rate CAGR of 9.4% from 2021 to 2027
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2027

Get Customization on this Research Report@ https://www.precedenceresearch.com/customization/1083

Market Overview

A recent study by Precedence Research on the Aerial Work Platforms market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Aerial Work Platforms market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Aerial Work Platforms. The study also provides the dynamics that are responsible for influencing the future status of the Aerial Work Platforms market over the forecast period.

A detailed assessment of the Aerial Work Platforms market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Aerial Work Platforms market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • In 2019,North America dominated the global market in terms of revenue and volume both followed by Europe owing to rising construction activity in the regions.
  • The Asia Pacific emerged as the most lucrative region in the global market owing to presence of numerous under-developed regions that offer significant development opportunities for construction and transportation infrastructure
  • Boom lifts dominated the product segment in the global market accounting for nearly 70% of value share due to the rising demand of boom lifts because of their fast & flexible operations
  • Based on platform height, below 10 meters segment exhibits prominent growth its increasing utilization in the in-house maintenance & construction activities
  • By type, electric Mobile Electric Work Platform (MEWP) held nearly 65% of the value share in the year 2019, as they are helpful in reducing carbon footprint
  • Rental application has gained notable traction in the recent past in the AWP industry owing to the emergence of numerous market players providing rental service across the globe

Regional Snapshots

In terms of consumption and demand, North America was projected as the front-runner in the global Aerial Work Platform (AWP) market and projected to hold significant value share in the year 2019. Rapid growth in infrastructural projects at the residential as well as commercial areas is one of the important factors that results in escalating growth of AWP demand. In addition, availability of potential disposable income along with rapid adoption of equipment such as AWP to maintain safe and secure working environment for workers boosts the adoption of these platforms in this region.

Besides this, Europe expected to follow North America in terms of volume utilization of the AWP owing to significant growth in the construction of residential and commercial buildings in the region. Further, the industries present in this region are more inclined towards the safety improvement of workplaces coupled with workflow process optimization to uphold an efficient process.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • CTE
  • Aichi Corporation
  • Haulotte Group
  • Dinolift OY
  • Hunan Runshare Heavy Industry Company, Ltd.
  • Zhejiang Dingli Machinery Co, Ltd.
  • Holland Lift International bv
  • JLG Industries
  • Hunan Sinoboom Heavy Industry Co. Ltd.
  • Niftylift Limited
  • Manitou Group
  • Snorkel
  • Skyjack
  • Tadano Limited
  • SocageSrl
  • Teupen
  • Genie

Segments Covered in the Report

By Type

  • Engine Powered
  • Electric

By Product

  • Scissor Lifts
  • Boom Lifts
  • Personal Portable Lifts
  • Vertical Mass Lifts

By Platform Height

  • Above 25 Meters
  • 20 to 25 Meters
  • 10 to 20 Meters
  • Below 10 Meters

By Application

  • Construction & Mining
  • Rental
  • Transportation & Logistics
  • Government
  • Utility

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Aerial Work Platforms market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Aerial Work Platforms are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Aerial Work Platforms Market, By Product

7.1. Aerial Work Platforms Market, by Product Type, 2020-2027
7.1.1. Scissor Lifts
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Boom Lifts
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Personal Portable Lifts
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Vertical Mass Lifts
7.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Aerial Work Platforms Market, By Type

8.1. Aerial Work Platforms Market, by Type, 2020-2027
8.1.1. Engine Powered
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Electric
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Aerial Work Platforms Market, By Platform Height

9.1. Aerial Work Platforms Market, by Platform Height, 2020-2027
9.1.1. Above 25 Meters
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. 20 to 25 Meters
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. 10 to 20 Meters
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Below 10 Meters
9.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Aerial Work Platforms Market, By Application

10.1. Aerial Work Platforms Market, by Application, 2020-2027
10.1.1. Construction & Mining
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Rental
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Transportation & Logistics
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Government
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Utility
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Aerial Work Platforms Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Type (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Type (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Platform Height (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)

Chapter 12. Company Profiles

12.1. CTE
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Aichi Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Haulotte Group
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Dinolift OY
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Hunan Runshare Heavy Industry Company, Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Zhejiang Dingli Machinery Co, Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Holland Lift International bv
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. JLG Industries
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hunan Sinoboom Heavy Industry Co. Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Niftylift Limited
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Manitou Group
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Snorkel
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Skyjack
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives
12.14. Tadano Limited
12.14.1. Company Overview
12.14.2. Product Offerings
12.14.3. Financial Performance
12.14.4. Recent Initiatives
12.15. SocageSrl
12.15.1. Company Overview
12.15.2. Product Offerings
12.15.3. Financial Performance
12.15.4. Recent Initiatives
12.16. Teupen
12.16.1. Company Overview
12.16.2. Product Offerings
12.16.3. Financial Performance
12.16.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Buy this Research Report study@ https://www.precedenceresearch.com/checkout/1083

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 9197 992 333

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

For Latest Update Follow Us:

https://www.linkedin.com/company/precedence-research/

https://www.facebook.com/precedenceresearch/

https://twitter.com/Precedence_R

Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Related Articles

Back to top button