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Aerial Work Platform Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | MEC Aerial Work Platforms, JLG Industries Inc., Galmon (S) Pte Ltd., Aichi Corporation
Aerial Work Platform Market
Aerial Work Platform Market Size, Growth Rate, And Forecast
The global aerial work platform market size is expected to grow from $11.77 billion in 2022 to $12.51 billion in 2023 at a compound annual growth rate (CAGR) of 6.25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerial work platform market size is expected to reach $16.17 billion in 2027 at a CAGR of 6.62%.
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Aerial Work Platform Market Drivers
A rise in residential and commercial construction activities is expected to propel the growth of the aerial work platform market. Residential and commercial construction refer to two broad categories of construction projects that involve the building of structures for different purposes.
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Aerial Work Platform Market Segments
1) By Product Type: Scissor Lifts, Boom Lifts, Telehandler, Other Product Types
2) By Fuel Type: Fuel-Based, Electric, Hybrid
3) By Lifting Height: 20 Feet, 20 To 50 Feet, 50 To 70 Feet, Above 70 Feet
4) By End-User Industry: Construction, Utilities, Logistics And Transportation, Other End-User Industries
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aerial Work Platform market.
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Aerial Work Platform Market Key Players
Major players in the aerial work platform market are MEC Aerial Work Platforms, JLG Industries Inc., Galmon (S) Pte Ltd., Aichi Corporation, Haulotte Group SA, EdmoLift AB, Wiese Inc., Linamar Corporation, Advance Lifts Inc., Altec Industries Inc., Oshkosh Corporation, Skyjack Inc., Tadano Limited., Liebherr-International AG and Palfinger AG.
The Business Research Company's "Global Aerial Work Platform Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aerial Work Platform Market Include:
1. Executive Summary
2. Aerial Work Platform Market Characteristics
3. Aerial Work Platform Market Trends And Strategies
4. Aerial Work Platform Market - Macro Economic Scenario
5. Aerial Work Platform Market Size And Growth
……
27. Aerial Work Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aerial Work Platform Market
29. Aerial Work Platform Market Future Outlook and Potential Analysis
30. Appendix
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