|03-15-2019 01:14 PM CET - Industry, Real Estate & Construction||
Global Aerial Work Platform Rental (AWP) Market valued approximately USD 15.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.21% over 2018-2025 :Top keyplayer are AFI Uplift, Ahern Rentals, Aichi Corporation, AJ Networks,
Press release from: Kenneth Research
Global Aerial Work Platform Rental (AWP) Market valued approximately USD 15.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.21% over the forecast period 2018-2025. The Aerial Work Platform Rental (AWP) Market is continuously growing across the world over the coming years. AWP is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height. They are designed to lift limited weights, usually less than a ton, although some have a higher safe working load, distinguishing them from most types of cranes. Rise in construction of residential and commercial buildings, growing government investments in construction of stadiums, airports & other buildings and growing urbanization and safety concerns are the substantial drivers of the market across the globe.
Besides this, these equipment are widely employed in factories & manufacturing plants for material handling applications and for maintenance & installation of telecom poles, overhead lines, transformers, street lights, & power cables, and other associated infrastructure, which are likely to propel the demand among the end users in the near future. Moreover, they are generally used for temporary, flexible access purposes such as maintenance and construction work or by firefighters for emergency access, which distinguishes them from permanent access equipment such as elevators, which also propelling the demand of these equipment in the upcoming years. However, lack of awareness about the equipment and shortages of trained workforce to operate equipment are the restraining factors of the market across the world.
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The regional analysis of Global Aerial Work Platform Rental (AWP) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to growing number of infrastructure projects in the region. Europe also contributes a satisfactory growth in the global Aerial Work Platform Rental (AWP) market. North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The major market player included in this report are:
• AFI Uplift
• Ahern Rentals
• Aichi Corporation
• AJ Networks
• Aktio Corporation
• All Aerials
• Ashtead Group
• AWP Rental Company
• Blueline Rental
• Boels Rental
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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Vertical Mast Lifts
Personnel Portable Lifts
Transportation & Logistics
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Aerial Work Platform Rental (AWP) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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