At A CAGR Value of 3.46%, UAE Aerial Work Platform Market Expected To Getting Massive Growth of 379.03 USD Million by the end of 2027

According to recent research study conducted by Kenneth Research, The UAE aerial work platform market was valued at USD Million 285.34 in 2018. Moreover, the market is expected to garner 379.03 USD Million by the end of 2027, by registering a CAGR of 3.46% for aerial work platforms across the UAE. The demand for aerial work platforms is increasing on the back of rising construction activities across the UAE. Further, supportive government measures is also expected to propel the growth of the market.

Get a PDF Sample Copy (including TOC, Tables, and Figures):
https://www.kennethresearch.com/sample-request-10094793

Abu Dhabi & Al Ain is slated to account for a share of 39.28% by 2027 in the aerial work platform market by value. The growth in the region can be attributed to the construction activities pertaining to oil & gas sector, such as construction of ULGTP manufactured by NPCC. Abu Dhabi & Al Ain is expected to observe a Y-o-Y growth of 4.07% by 2027 compared to 2.19% in 2019.

Dubai is expected to account for a share of 44.76% by 2027 in the aerial work platform market by value. The growth in the region can be attributed to the increasing number of construction projects in Dubai, which is mainly due to the upcoming event of Expo 2020, along with the construction of Dubai metro red line. Dubai is expected to observe a Y-o-Y growth of 4.15% by 2027 compared to 2.27% in 2019.

Sharjah and Northern Emirates is anticipated to account for a share of 15.96% by 2027 in the aerial work platform market by value. The growth in the region can be attributed to utility projects, which includes the scheme to link water developments with Dubai and Abu Dhabi, along with construction of dams and solar power station. Sharjah and Northern Emirates is expected to observe a Y-o-Y growth of 3.34% by 2027 compared to 1.50% in 2019.

Grab An Opportunity For Discount On Q4 FY19: https://www.kennethresearch.com/grab-discount-10094793

Based on product, the market is segmented into boom, scissor, vertical mast, and personal portable lifts. Boom lifts forms the largest market segment and is expected to reach a value of 209.91 USD Million by 2027. Scissor lifts forms the fastest growing market segment and is expected to reach a value of 99.87 USD Million, followed by vertical mast lifts and personal portable lifts as they are expected to reach a value of 48.70 USD Million and 20.54 USD Million, respectively.

Based on power source, the market is bifurcated into diesel-powered, electric and others, out of which diesel- powered is projected to be the largest market segment on account of its cost effective nature. It is expected to reach a value of 209.00 USD Million by 2027 compared to 157.79 USD Million. Electric and others segment are expected to reach a value of 104.57 USD Million and 65.46 USD Million by 2027, respectively.

Based on platform height, the market is segmented into four categories, namely less than 10.9 meters, 11 to 20.9 meters, 21 to 30.9 meters, and above 30.9 meters. Platform height between 21 to 30.9 meters is estimated to form the largest segment during the forecast period and is expected to reach a value of 134.59 USD Million by 2027. This is followed by platform height between 11 to 20.9 meters which is expected to reach a value of 116.25 USD Million by 2027, as compared to 87.00 USD Million in 2018

Get Access of Full Report:
https://www.kennethresearch.com/sample-request-10094793

Contact Info
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

This release was published on openPR.