Press release
Global Aerial Work Platform Market Size, Growth Analysis Report, Forecast to 2021-2027
Aerial work platform market is anticipated to exhibit a CAGR of 5.7% during the forecast period (2021-2027). The heavy construction equipment such as aerial lifts, loaders, excavators, among others, are essential for mining exploration. Therefore, the rising expansion of the mining sector is projected to accelerate the demand of these lifts which in turn is anticipated to drive the growth of the global aerial work platform market. Moreover, the presence of cohesive government policies and initiatives by the Latin America that intends to focus on the expansion of the mining sector across the region to fulfil the need for rising in the requirement of metals and ores is again contributing towards the market growth.(Get 15% Discount on Buying this Report)
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For instance, the government of Argentina implemented new legislation called the “New Federal Mining Agreement” in 2017, to attract investments in the mining sector. Similarly, in 2018, the government of Brazil launched a new mining agency called the National Mining Agency (ANM) to promote the exploitation of gold, silver, copper, and others, and regulation and inspection of mining activities. Furthermore, in January 2020, India and Brazil signed a bilateral agreement to boost their stuttering economies and expanding cooperation in the key sectors such as mining by 2022. Increasing mining activities across the globe are expected to augment the growth of the aerial work platform market.
A Full Report of Global Aerial Work Platform Market is Available at: https://www.omrglobal.com/industry-reports/aerial-work-platform-market
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Aerial Work Platform Market Report Segment
By Product Type
Boom Lift
Scissor Lift
Vertical Mass Lifts
Personal Portable Lifts
By Drive Type
Hydraulic
Electrical
Pneumatic
By Application
Construction & Building Maintenance
Manufacturing & Retail
Automotive
Warehousing
Transport
Logistics
Others
Global Aerial Work Platform Market Report Segment
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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