Unexpected Growth Seen in Aerial Work Platforms Market Global Forecast to 2025 | Leading Players - Terex, Aichi, Altec, Bronto Skylift, Runshare, Tadano, Time Benelux

Global Aerial Work Platforms Market Synopsis:

The exclusive research report on the Global Aerial Work Platforms Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Aerial Work Platforms Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

Major key factors driving the growth of the Global Aerial Work Platforms Market are increasing need of efficient work process optimization and rapid growth in the number of urban and rural infrastructure ventures to fulfill the needs of escalating population across the globe. In addition, massive government funding in the infrastructural projects such as roads, rails, water, and power generation are likely to generate profitable avenues for the market over the forecast period. However, low availability of skilled machine operators along with massive costs incurred during the equipment purchase are few of the factors obstructing the growth of Global Aerial Work Platforms Market.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Aerial Work Platforms Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

Based on the regional analysis, APAC Aerial Work Platforms Market is likely to expand over the coming years, subject to escalating awareness of consumers pertaining to cost-effectiveness of the equipment and massive funding by the government authorities in countries such as China, Malaysia, and India in Asia. In addition, these nations are also experiencing a slew of construction activities in myriad business verticals in need of efficient platforms for carrying out elevated constructions.

Top Major Key Players in the Global Aerial Work Platforms Market:

1 Aichi Corporation

2 Altec Inc

3 Bronto Skylift

4 Runshare

5 Ruthmann

6 Tadano

7 Terex

8 Teupen

9 Time Benelux and More………………

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Product Type Segmentation

1 Scissor Lifts (up to 30’, 30’-50’, and more than 50’)

2 Boom Lifts (up to 60’, 60’-100’, and more than 100’)

3 Other AWPs

Industry Segmentation

1 AWP Rental Service Providers

2 End Use Industries

3 Construction

4 Entertainment

5 Commercial

Worldwide Industry News:

Terex (June 08, 2020) - Terex Announces Leadership Change in AWP Business Segment - Terex Corporation today announced that John L. Garrison, Jr., Chairman and CEO of Terex Corporation, will take on additional responsibilities as President, Terex Aerial Work Platforms (AWP), effective immediately. Matt Fearon, the current AWP President, is leaving the Company August 1 after 25 years with Terex, AWP and Genie, AWP's flagship brand. Simon A. Meester, Vice President, Global Sales and Marketing Administration for AWP, will be promoted to Chief Operating Officer, Terex Aerials. Mr. Meester and Clint Weber, General Manager of Terex Utilities, the Company's other business in the AWP segment, will both report directly to Mr. Garrison in his role as President, Terex AWP. The Terex Executive Leadership Team will continue to report to Mr. Garrison in his role as Chairman and CEO of Terex Corporation.

"We thank Matt Fearon for his many contributions to Terex," Mr. Garrison said. "Matt has been a dynamic and much-admired leader who helped Genie grow from a regional brand to a global powerhouse. He arrived as an engineer 25 years ago and went on to key roles including VP Operations, VP and Managing Director of EMEAR, VP and General Manager, Americas, and ultimately President of AWP."

Mr. Meester joined Terex in 2018 from Eaton Corporation, where he was VP and General Manager of the Industrial Control Division. Earlier, he spent 14 years in progressively senior roles at Caterpillar, Inc., before becoming President, Sandvik Mining and Construction in India. He has managed global teams and operations for 20 years, based in seven countries, including eight years in the United States. He holds an MBA from the University of Surrey, England and a Bachelor of Science in Automotive Engineering, Apeldoorn, Netherlands.

"I look forward to working closely with Simon and Clint, and their terrific teams at Genie and Utilities," Mr. Garrison said. "We congratulate Simon on his expanded responsibilities, and we send best wishes to Matt for continued great success in the years ahead."

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Major Points in Table of Contents:

Global Aerial Work Platforms Market Report 2020

1 Aerial Work Platforms Product Definition

2 Global Aerial Work Platforms Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Aerial Work Platforms Shipments

2.2 Global Manufacturer Aerial Work Platforms Business Revenue

2.3 Global Aerial Work Platforms Market Overview

2.4 COVID-19 Impact on Aerial Work Platforms Industry

3 Manufacturer Aerial Work Platforms Business Introduction

3.1 Aichi Corporation Aerial Work Platforms Business Introduction

3.2 Altec Inc Aerial Work Platforms Business Introduction

3.3 Bronto Skylift Aerial Work Platforms Business Introduction

3.4 Runshare Aerial Work Platforms Business Introduction

3.5 Ruthmann Aerial Work Platforms Business Introduction

3.6 Tadano Aerial Work Platforms Business Introduction

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