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Aerial Work Platform Market Growing at a CAGR of 7.7% From 2020 to 2027

09-13-2021 03:16 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Aerial Work Platform Market

Aerial Work Platform Market

Aerial work platform (AWP) are personnel lifting devices used in industries such as construction, retail, warehousing, utilities, and others. Aerial work platforms are also called as mobile elevating work platforms, aerial lifts, cherry pickers, bucket trucks, and others, and are available in various types such as scissor lifts, articulated and telescopic boom lifts, vehicle mounted platforms, and others.

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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.

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.
Haulotte Group
J.C. Bamford Excavators Limited
Niftylift (UK) Limited
Oshkosh Corporation (JLG Industries, Inc.)
Skyjack (Linamar Corp.)
Terex Corporation (Genie)
Teupen
Zhejiang Dingli Machinery Co., Ltd.

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Key Market Segments

By Type

Boom Lifts
Scissor Lifts
Vehicle Mounted Platforms
Others

By Operation

Fuel-powered
Electric
Hybrid

By Lift Height

Less than 20 Feet
20 to 50 Feet
50 to 70 Feet
Above 70 Feet

By End-user Industry

Construction
Utilities
Logistics & Transportation
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
David Correa
Portland, OR, United States
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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