Press release
Aerial Work Platform Market Expands at 4.9% CAGR, Hitting USD 10.8 Billion by 2035
According to the report, the global aerial work platform market is likely to grow from USD 6.7 billion in 2025 to USD 10.8 billion in 2035 at a moderate CAGR of 4.9% during the time period. The global aerial work platform (AWP) market is expected to highest growth because of various converging factors. One of the main drivers is the growing importance attached to the safety of workers and efficiency of the operations in the construction industry, logistics, and maintenance industries since AWPs provide safe access on heights and save time.The evolution of the e-commerce and warehousing facility is increasing the demand of the AWPs specifically the electric scissor lifts and the vertical mast lifts, which are applied in the interior environment. Moreover, the growth of intelligent cities and improvement of existing infrastructures are also contributing to the demand of AWPs on utility maintenance and urban building developments. Increased usage of aerial solutions in the renewable energy industry particularly in repairing and maintenance of wind turbines and solar panels also add to the growth of the market.
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Regional Analysis of Global Light Electric Vehicle (LEV) Market
North America is the highest market of aerial work platforms therefore its safety standards are highly regulated, due to the high rate of construction and industrial mechanization, and the presence of a properly developed rental ecosystem. The working at height as per the U.S. Occupational Safety and Health Administration (OSHA) is to be followed closely and this forces contractors to use AWPs as a way of keeping safe and efficient. Also, the continued investment in the improvement of infrastructure in the region in the form of highways, airports, and energy grids has contributed to the high level of usage. In 2025, Altec industries Inc. increased its production line on aerial devices to cater to the high demand in utility and telecom maintenance in the U.S. utility and telecom industries.
The region of Asia Pacific is experiencing the most rapid expansion of aerial work platform market because of a set of reasons being rapid urbanization, industrialization, and the increase of labor safety consciousness. Other countries such as China, India, Indonesia, and Vietnam are making massive investments in smart cities, transport infrastructure, clean energy projects and these ensure efficient high access solutions. In addition, the growing warehousing and logistics centers in the region are now moving towards the utilization of electric scissor lifts, in the interior operations. Noblelift Intelligent Equipment Co., Ltd. initiated a regional expansion strategy in 2025 and announced the introduction of eco-friendly AWPs which are specifically designed to meet the needs of warehouse automation projects of the Southeast Asian region as the region is on a fast-increasing demand curve.
Prominent players operating in the global aerial work platform market are Aichi Corporation, Altec Industries, Inc., Bronto Skylift, CTE Group, Haulotte Group, Holland Lift International B.V., JLG Industries, Inc., Linamar Corporation (Skyjack), Manitou Group, MEC Aerial Work Platforms, Noblelift Intelligent Equipment Co., Ltd., Palfinger AG, Ruthmann GmbH & Co. KG, Sinoboom Intelligent Equipment Co., Ltd., Snorkel International LLC, Socage S.r.l., Tadano Ltd., Teupen Maschinenbau GmbH, Zhejiang Dingli Machinery Co., Ltd. and Other Key Players.
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Key Driver, Restraint, and Growth Opportunity Shaping the Global Aerial Work Platform Market
The key driver of the global aerial work platform (AWP) market includes the growth of the telecommunication and power distribution industries in which the aerial work platform (AWP) is needed to install the tower, to lay cables, and to maintain the infrastructure. With the explosion of 5G network implementation across the globe, the operators need secure and effective higher work solutions. As an example, Manitou Group in January 2025 declared its new ATJ 60 articulated boom lift that is specially developed to serve telecom infrastructure projects and has a greater outreach and rough-terrain attributes to address the increasing demand of network expansion in rural and urban regions.
A key challenge in the aerial work platform market, shortage of skilled and certified operators needed to operate complex AWP machinery because they are needed to operate it safely. In many developing regions, there is slow project implementation because of the absence of trained staff, which poses a higher risk of accidents and liability. Making the example of a 2024 industry safety audit by Sinoboom, which emphasized that inadequate operation was one of the most common causes of AWP in Southeast Asia, the company also invested in the region training systems and hubs of operator's certifications.
One of the opportunities is related to re-fitting and maintenance of old infrastructure particularly in developed markets such as North America and Europe. There are bridges, stadiums, and other buildings used by the people and such places demand regular check-ups and maintenance which may require access to high places in limited areas. The new Steiger T 900 HF truck-mounted lift by Ruthmann GmbH & Co. KG was launched in March 2025 and provides 90 meters of vertical reach and a small footprint, accommodating very complicated maintenance work without interrupting the workflow in the area.
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Growth of Global Aerial Work Platform Market Driven by Fleet Expansion, Green Construction, and Rental Sector Growth
The aerial work platform market is performing well with the increasing demand of fleet expansion by the rental companies. By the year 2025, rental companies own more than 70 percent of AWPs, with the increasing short-term construction projects and maintenance contracts in the industrial facilities and events facilities. In April 2025, Palfinger AG announced a strategic partnership with a number of European rental firms to implement more than 300 new aerial platforms by Q4 2025, to be able to satisfy the soaring demand during the post-pandemic construction recovery.
The global shift towards the practices of sustainable and green building is the major growth. This is pushing demand to low-noise, electric AWPs as such markets as the EU, Canada, and Japan are raising standards of emission and construction noise. Zhejiang Dingli Machinery Co., Ltd. unveiled its new product (high-capacity lithium-ion battery scissor lifts) in May 2025 having working height up to 18 meters and designed to serve indoor commercial development projects and job sites that were sensitive to the environment.
Further, greater investments in airport and metro systems in the emerging economies are enhancing the use of AWPs to provide safe elevation in the closed and elevated working environment. An example is that in February 2025, Teupen Maschinenbau GmbH delivered advanced tracked spider lifts to a large metro rail project in Kuala Lumpur, which provides some flexibility in height accessibility of tight shafts and underpasses. This is an indication of the increasing tendency of specialized AWP in civil infrastructure projects.
Such advancements underscore the industry-led, heterogeneous forces that are driving AWP adoption worldly, and which support the upward trend of the aerial work platform market.
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Key Trend: Integration of IoT and Predictive Maintenance Technologies
The increasing tendency to incorporate the IoT and telematics into AWPs is changing how equipment is maintained, how fleet is managed, and how operator safety is increased. Predictive maintenance saves time, enhances good use of assets and lengthens machine life. Further, remote diagnostics and over-the-air software updates are transforming the after sales experience, which is in line with the trends of smart construction.
The system enables the operators to optimize the deployment of assets and the maintenance scheduling which reduces the operating costs to a great extent. The new version of the platform is equipped with predictive AI-powered algorithms that warn the user about a possible failure and allow preemptive maintenance.
Smart AWPs are raising the level of operational efficiency, increasing their worth in the technologically advanced construction projects.
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Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
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USA: +1 (302) 303-2617
Email: sales@marketgenics.co
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MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
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