openPR Logo
Press release

Aerial Work Platforms Market is expected to expand at 6% CAGR during 2018-2028

01-15-2019 03:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Aerial Work Platforms Market is expected to expand at 6% CAGR

Construction has been shifting towards innovation since the past few decades. A majority of massive constructions have arisen from a zeal to look different and stand out. A recent example of this shift can be seen in newly constructed vibrant murals at the World Trade Center. Aerial work platforms play a pivotal role in construction. The lifts that are a part of the aerial work platforms, are witnessing promisingly progressive growth prospects, with rising demand following a surge in infrastructural development projects worldwide.

Future Market Insights, in a recent research on the global aerial work platforms market, predicts construction industry in developing regions to majorly support the market growth over the next decade. The market is expected to expand at 6% CAGR over 2018-2028, attaining a value of over US$ 14.5 billion by 2028 end.

Request to Sample of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1797

Improved Financing Systems & Sustainable Solutions to Back the Shift from Traditional Aerial Work Practices

State and private steel producers operating in many regions are rapidly migrating from traditional maintenance practices towards more advanced methods. The latter have managed to gain rapidly growing popularity, against the backdrop of significant capacity additions undertaken in the past few years. The advanced maintenance practices that are carried, utilize higher levels of mechanization, including powered access. On the other side, aerial work platforms such as scissor lifts, and boom lifts tend to offer greater safety and allow faster maintenance.

Electric Device Systems to Aid the Market Move towards Sustainable Growth

A growing number of companies are renting various types of AWPs to industrial plants, which also includes those AWPs with the functionality to clean up the dust accumulated on the roof of construction sites. Companies related to maintenance activities have been procuring a large number of AWP units over the years. For long-term advantage, companies seem to purchase their own equipment. Furthermore, the future will be dominated by electric device systems. There is a higher demand for solutions which are equipped with electric systems as it is considered to be eco-friendly. As electrically powered systems incorporate efficiency and extended battery life, prominent construction companies are increasingly incorporating sustainable equipment. Companies are focusing on meeting environmental norms to reduce carbon footprint, which will in turn boost the demand for sustainable AWPs in near future.

Hybrid Technology to Gather More Investments in Near Future

Hybrid AWP has emerged as the most cost effective and eco-friendly alternative for companies participating in the aerial work platforms market. While the current scenario still depicts the dominance of diesel powered scissor lifts, the demand for hybrid technology is gradually increasing in terms of popularity and acceptance. The market projections depict optimistic prospects owing to growing use in a multitude of applications. Other benefits include cost efficiency, noise reduction, and lower contribution to pollution.

Need more information about Report Methodology @ https://www.futuremarketinsights.com/askus/rep-gb-1797

Companies are also working on development of innovative machine types, to ease the work and enhance functions. Numerous companies specializing in low-weight machines are concentrating on delivering improved safety through innovations, such as crush-protection, sustainable involuntary operation prevention systems, and sensitive hybrid power systems. Electric scissor lifts which are suitable for warehousing and high bay applications are being developed by European manufacturers, such as Holland Lift.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aerial Work Platforms Market is expected to expand at 6% CAGR during 2018-2028 here

News-ID: 1496708 • Views: 160

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Aerial

Aerial Imaging Global Market 2019: Key Players – Cicade, Digital Aerial Soluti …
The Global Aerial Imaging Industry research 2023 exploring the current market revenue, demand, size, trend, overview, shares, and growth with the help of tables and figures , complete report with figures, graphs and table of contents to analyze the situations of global Aerial Imaging Materials and assessment to 2023. The global market size of Aerial Imaging is $XX million in 2017 with XX CAGR from 2013 to 2017, and it
Digital Aerial Cameras Industry Market
https://www.qandqmarketresearch.com/reports/digital-aerial-cameras2018-market-111 The Global and Chinese Digital Aerial Cameras Industry, 20132023 Market Research Report is a professional and indepth study on the current state of the global Digital Aerial Cameras industry with a focus on the Chinese market. The report provides key statistics on the market status of the Digital Aerial Cameras manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report
Aerial Imaging 2018 Global Market Key Players -NRC Group ASA, Cicade, Digital Ae …
Aerial Imaging Market 2018       Wiseguyreports.Com Adds “Aerial Imaging – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Description:  This report studies the global Aerial Imaging market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Aerial Imaging market by companies, region, type and end-use industry. This report focuses on the global top players, covered  NRC Group ASA  Cicade  Digital Aerial Solutions  Cooper
Global Aerial Imaging Market 2017 Industry Key Players -NRC Group ASA, Cicade, D …
Aerial Imaging Market: WiseGuyReports.com adds “Aerial Imaging Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022”reports to its database. Executive Summary This report studies the global Aerial Imaging market, analyzes and researches the Aerial Imaging development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like NRC Group ASA Cicade Digital Aerial Solutions Cooper Aerial Surveys Fugro Landiscor Aerial Information EagleView Technologies Nearmap Kucera
Global Aerial Imaging Market 2017 - Cicade, Digital Aerial Solutions, Cooper Aer …
The report studies Aerial Imaging in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The report firstly introduced the Aerial Imaging basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world's main region market
Aerial Imaging Market: Cooper Aerial Surveys Co., Fugro N.V., Landiscor Aerial I …
New York, February 10: Market Research Engine has published a new report titled as “Aerial Imaging Market Analysis by End-User Industry, Application and Geography -Trends and Forecast 2015 - 2023”. The global Aerial Imaging Market was valued at US$1.07 Billion in 2014 and it is expected to grow at a CAGR of 14.2% from 2015 to 2023, reaching US$3.32 Billion by the end of 2023. Browse the full report here: https://www.marketresearchengine.com/reportdetails/aerial-imaging-market The "Aerial