Global Aerial Work Platform Market Size, Share & Trends Analysis Report by Product Type (Boom Lift, Scissor Lift, Vertical Mass Lifts, Personal Portable Lifts) by Drive Type (Hydraulic, Electrical, Pneumatic) and Application (Construction & Building Maintenance, Manufacturing & Retail, Automotive, Warehousing, Transport, Logistics, Others) Forecast period (2021-2027)
The aerial work platform market is anticipated to showcase considerable CAGR of 5.7% during the forecast period. Growing end-user industries of aerial work platforms are creating demand for aerial lifts for different applications which in turn is driving its market growth. Moreover, the strict implementation of stringent worker safety regulations is further expected to stimulate the product demand during the forecast period.
The aerial work platform market is segmented on the basis of product type, drive type, and application. Based on the product type, the aerial work platform market is segmented into boom lift, scissor lift, vertical mass lift, and personal portable lift. Based on drive type the market is segmented into hydraulic, electric, and pneumatic. Hydraulic lifts require low maintenance, and are low cost lifts therefore, hydraulic lift segment is anticipated to hold major market share based on drive type. Based on application, the market is segmented into construction & building maintenance, manufacturing & retail, automotive, warehousing, transport, logistics, and others.
Geographically market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold the considerable market share in the aerial work platform market due to high investment in the R&D of aerial lifts. Asia-Pacific is the fastest-growing region in aerial work platform market. The growing manufacturing industry in India & China is anticipated to be a key factor contributing towards the growth of the aerial work platform market in the region.
Zhejiang Dingli Machinery Co., Ltd., Aichi Corp., Palfinger AG, MEC Aerial Work Platform, Manitou BF SA, among others are the major players operating in the global aerial work platform market. These key market players are actively adopting strategic growth activities including mergers and acquisitions, partnerships and collaboration among others to increase their market share. The new product launches are the core strength of these key market players to remain competitive in the market.
The market study of the global aerial work platform market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Global Aerial Work PlatformMarket Research And Analysis By Product Type
Global Aerial Work PlatformMarket Research And Analysis By Drive Type
Global Aerial Work PlatformMarket Research And Analysis By Application
The Report Covers
Comprehensive research methodology of the global aerial work platform market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global aerial work platform market.
Insights about market determinants which are stimulating the global aerial work platform market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
A profiles and recent developments of market players.
Table of Contents
1. Report Summary
- 1.1. Research Methods and Tools
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Geography
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion
- 2.3. Rules & Regulations
3. Competitive Landscape
- 3.1. Competitive Dashboard
- 3.2. Key Strategy Analysis
- 3.3. Key Company Analysis
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
4. Market Determinants
- 4.1 Motivators
- 4.2 Restraints
- 4.1. Opportunities
5. Market Segmentation
- 5.1. Global Aerial Work Platform Market by Product Type
- 5.1.1. Boom Lift
- 5.1.2. Scissor Lift
- 5.1.3. Vertical Mass Lifts
- 5.1.4. Personal Portable Lifts
- 5.2. Global Aerial Work Platform Market by Drive Type
- 5.2.1. Hydraulic
- 5.2.2. Electrical
- 5.2.3. Pneumatic
- 5.3. Global Aerial Work Platform Market by Application
- 5.3.1. Construction & Building Maintenance
- 5.3.2. Manufacturing & Retail
- 5.3.3. Automotive
- 5.3.4. Warehousing
- 5.3.5. Transport
- 5.3.6. Logistics
- 5.3.7. Others
6. Regional Analysis
- 6.1. North America
- 6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
- 6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
- 6.4. Rest of the World
7. Company Profiles
- 7.1. Aichi Corp.
- 7.2. All-Rite Group of companies
- 7.3. Asmita Engineering Equipment
- 7.4. Beacon Industries, Inc.
- 7.5. Bishamon Industries Corp.
- 7.8. Custom Equipment, LLC
- 7.9. Econo Lift, Ltd.
- 7.10. EdmoLift AB
- 7.11. Galmon Pte Ltd.
- 7.12. Handling Specialty
- 7.13. JCB, Ltd.
- 7.14. JLG Industries, Inc.
- 7.15. Material Handling, Inc.
- 7.16. MEC Aerial Work Platform
- 7.17. Nido Machineries Pvt. Ltd.
- 7.18. PALFINGER AG
- 7.19. Servo Tech
- 7.20. Skyjack
- 7.21. Superlift Material Handling, Inc.
- 7.22. Terex Corp.
- 7.23. Titan Worldwide, Inc.
- 7.24. Toyota Industries Corp.
- 7.25. Youngman India Pvt. Ltd.