Aerial Work Platform Market Projected to Drive a Huge Growth in Construction Industry from 2020-2027
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The global aerial work platform market size is expected to reach $14.3 billion in 2027 from $9.3 billion in 2019, growing at a CAGR of 7.7% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for 44.0% share of the global aerial work platform market.
Moreover, North America is the highest contributor in the aerial work platform market. The U.S. garners highest share in the region with approximately 83.0% within the North American market. This is mainly due to the early introduction of aerial working platforms in the region and high demand for AWP in common construction and maintenance practices.
Key Market Players
Aichi Corporation, Altec Inc.
J.C. Bamford Excavators Limited
Niftylift (UK) Limited
Oshkosh Corporation (JLG Industries, Inc.)
Skyjack (Linamar Corp.)
Terex Corporation (Genie)
Zhejiang Dingli Machinery Co., Ltd.
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging global aerial work platform market trends and dynamics.
In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive aerial work platform market analysis of all the countries is also provided in the report.
The global aerial work platform market forecast analysis from 2020 to 2027 is included in the report.
Key Market Segments
Vehicle Mounted Platforms
By Lift Height
Less than 20 Feet
20 to 50 Feet
50 to 70 Feet
Above 70 Feet
By End-user Industry
Logistics & Transportation
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