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Global Aerial Work Platform Market: By Product Type: Boom Lifts, Scissors Lifts, Vertical Mast Lifts, Personal Portable Lifts, Others; By Platform Height; By Engine Type; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Aerial Work Platform Market Outlook

The global aerial work platform market reached a value of about USD 11.2 billion in 2020. The market for aerial work platform is being driven by increasing public infrastructure development. The market is further expected to grow at a CAGR of 6% in the forecast period of 2021-2026.

 

Global Aerial Work Platform Market

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Increasing Public Infrastructure Development is Driving the Aerial Work Platform Industry Growth

The AWP market is expected to rise due to increased public infrastructure development and reconstruction activities. Governments and airport authorities are growing their investments in the development and building of new airports, which are important driving forces. Similarly, ongoing railway expansion programmes in Europe, such as the Rail Baltica greenfield railway infrastructure programme, would create opportunities for business growth. This trend has been catching the interest of building firms as a relatively cost-effective way to finance short-term projects. The demand for rental AWPs has led some of the industry's leading companies to consider capitalising on the trend.

 

Aerial Work Platform: Industry Definition and Segmentation

Aerial work platforms (AWPs) are widely used for a variety of maintenance and building tasks, especially while working at a height. It's commonly used in the electricity and telecommunications sectors, as well as in the arboriculture industry. Advanced features such as connectivity and storage, as well as electrical outlets and compressed air plugs for power equipment, could be available on aerial work platforms. It can also be equipped with advanced equipment such as window glass frames and underbridge units for lifting operators to the appropriate height for any working area.

 

Global Aerial Work Platform Market By End Use

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Based on product type,  the market is divided into:

  • Boom Lifts
  • Scissor Lifts
  • Vertical Mast Lifts
  • Portable Personal Lifts
  • Others

With regards to platform height, the market is segmented into:

  • Below 10 Metres
  • 10 to 20 Metres
  • 20 to 25 Metres
  • Above 25 Metres

On the basis of engine type, the market is categorized into:

  • Electric
  • Engine Powered

By end use, the market is segregated into:

  • Construction
  • Mining
  • Transportation and Logistics
  • Manufacturing
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Aerial Work Platform Market By Region

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Increasing Demand for Boom Lifts Aiding the Growth of Aerial Work Platform Industry

Boom lifts are expected to rise significantly during the forecast period, owing to their adaptability and speed of service.  Several characteristics of boom lifts, such as their ability to work in rugged terrain and achieve greater heights, are contributing to their increasing market share. To broaden their portfolio and gain a strategic advantage in the AWP industry, key players are focused on the design and production of new boom lifts. The increasing demand for boom lifts is predicted to significantly increase the growth rate of the aerial wok platform industry during the forecast period.

 

Key Industry Players in the Global Aerial Work Platform Market

The report gives a detailed analysis of the following key players in the global aerial work platform market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Terex Corporation
  • Haulotte Group
  • MEC Aerial Work Platforms
  • Tadano Ltd. 
  • Aichi Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Platform Height, Engine Type, End Use, Region
Breakup by Product Type Boom Lifts, Scissors Lifts, Vertical Mast Lifts, Personal Portable Lifts, Others
Breakup by Platform Height Below 10 Metres, 10 to 20 Metres, 20 to 25 Metres, Above 25 Metres
Breakup by Engine Type Electric, Engine Powered
Breakup by End Use Construction, Mining, Transportation and Logistics, Manufacturing, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Terex Corporation, Haulotte Group, MEC Aerial Work Platforms, Tadano Ltd., Aichi Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Aerial Work Platform Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aerial Work Platform Historical Market (2016-2020) 
    8.3    Global Aerial Work Platform Market Forecast (2021-2026)
    8.4    Global Aerial Work Platform Market by Product Type
        8.4.1    Boom Lifts
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Scissors Lifts
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Vertical Mast Lifts
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Personal Portable Lifts 
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Aerial Work Platform Market by Platform Height 
        8.5.1    Below 10 Metres
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    10 to 20 Metres
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    20 to 25 Metres
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Above 25 Metres
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
    8.6    Global Aerial Work Platform Market by Engine Type
        8.6.1    Electric
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Engine Powered
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Aerial Work Platform Market by End Use
        8.7.1    Construction 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Mining
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Transportation and Logistics 
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Manufacturing
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Others
    8.8    Global Aerial Work Platform Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Terex Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Haulotte Group
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    MEC Aerial Work Platforms
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Tadano Ltd. 
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Aichi Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others


Additional Customisations Available


1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Aerial Work Platform Market: Key Industry Highlights, 2016 and 2026
2.    Global Aerial Work Platform Historical Market: Breakup by Product Type (USD Billion), 2016-2020
3.    Global Aerial Work Platform Market Forecast: Breakup by Product Type (USD Billion), 2021-2026
4.    Global Aerial Work Platform Historical Market: Breakup by Platform Height (USD Billion), 2016-2020
5.    Global Aerial Work Platform Market Forecast: Breakup by Platform Height (USD Billion), 2021-2026
6.    Global Aerial Work Platform Historical Market: Breakup by Engine Type (USD Billion), 2016-2020
7.    Global Aerial Work Platform Market Forecast: Breakup by Engine Type (USD Billion), 2021-2026
8.    Global Aerial Work Platform Historical Market: Breakup by End Use (USD Billion), 2016-2020
9.    Global Aerial Work Platform Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10.    Global Aerial Work Platform Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Aerial Work Platform Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Aerial Work Platform Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Aerial Work Platform Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Aerial Work Platform Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Aerial Work Platform Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Aerial Work Platform Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Aerial Work Platform Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Aerial Work Platform Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Aerial Work Platform Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Aerial Work Platform Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Aerial Work Platform Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Aerial Work Platform Market Structure

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