Global Aerial Work Platform Market Trends and Forecast to 2030
Report ID: MS-414 | Consumer Goods | Last updated: May, 2025 | Formats*:
The Aerial Work Platform (AWP) market includes the manufacturing, selling, and renting of specialised machines that allow for temporary access to elevated areas. These platforms, also known as aerial devices or mobile elevating work platforms (MEWPs), are intended for the lifting of workers and equipment to heights where they perform varied tasks across many sectors. Types of AWPs include boom lifts, scissor lifts, and vertical mast lifts; these machines have different capabilities and specific features for various applications. The market is segmented according to types of products, platform heights, and power sources; applications and regions are also considered, with major players focusing on the enhancement of their market presence by technology developments, product innovations, and strategic alliances.
Aerial Work Platform Report Highlights
| Report Metrics | Details |
|---|---|
| Forecast period | 2019-2030 |
| Base Year Of Estimation | 2024 |
| Growth Rate | CAGR of 8.71% |
| Forecast Value (2030) | USD 57.04 Billion |
| By Product Type | Towable Boom Lifts, Scissor Lifts, Vertical Personnel Lifts, Truck-Mounted Lifts, Boom Lifts, Others |
| Key Market Players |
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| By Region |
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Aerial Work Platform Market Trends
With the constant development of the construction industry, especially the developing ones, AWPs have now become a must in our time. The increased demand for AWP is fuelled by rapid urbanisation, infrastructure development projects, and the rising need to maintain and repair existing structures. In addition to that, these platforms give safe means of elevated access that enhance productivity while guaranteeing approval of worker safety at construction sites. Besides this, the growth of industries such as logistics and transport triggered by e-commerce and warehousing is another major driver for the AWP market. AWPs are needed for tasks such as handling, picking, and maintenance of facilities in warehouses and distribution centres. Enhancing workplace safety awareness across various industries also ensures the adoption of AWPs since they are a safer choice compared to other ways of working at height.
Aerial Work Platform Market Leading Players
The key players profiled in the report are Genie (Terex Corporation) (United States), RUTHMANN (Germany), Oil & Steel (Italy), Altec Industries (United States), Skyjack (Canada), Haulotte Group (France), Dingli Australia (Australia), MEC Aerial Work Platforms (United States), Hinowa (Italy), Palazzani Industrie S.p.A. (Italy), Niftylift (United Kingdom), SkyMan International (Italy), Manitou Group (France), Teupen (Germany), Time Manufacturing Company (United States), JLG Industries (United States), Snorkel (United States), Platform Basket (Italy), Bronto Skylift (Finland), CTE S.p.A. (Italy)Growth Accelerators
The Aerial Work Platform (AWP) market includes the manufacturing, selling, and renting of specialised machines that allow for temporary access to elevated areas. These platforms, also known as aerial devices or mobile elevating work platforms (MEWPs), are intended for the lifting of workers and equipment to heights where they perform varied tasks across many sectors. Types of AWPs include boom lifts, scissor lifts, and vertical mast lifts; these machines have different capabilities and specific features for various applications. The market is segmented according to types of products, platform heights, and power sources; applications and regions are also considered, with major players focusing on the enhancement of their market presence by technology developments, product innovations, and strategic alliances.
Aerial Work Platform Market Segmentation analysis
The Global Aerial Work Platform is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Towable Boom Lifts, Scissor Lifts, Vertical Personnel Lifts, Truck-Mounted Lifts, Boom Lifts, Others . The Application segment categorizes the market based on its usage such as Telecommunications, Construction and Building Maintenance, Utilities (Power and Energy), Entertainment and Events, Others. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The market for aerial work platforms (AWPs) is extremely competitive and consists of a healthy mixture of global giants and regional small companies. Large players such as Oshkosh Corp. (JLG Industries), Terex Corp., and Haulotte Group hold considerable market shares and manufacture different AWP products while concentrating on technological advancements. Their competition relies on product innovation, quality, price, and after-sales service. The niche players focus on specific types of AWPs or target particular end-user segments. Custom product offerings, a strong regional presence, and a focus on applications are some strategies these companies employ to maintain differentiability. On the flip side, mergers and acquisitions, strategic partnerships, and the growing importance of rental services are emerging factors that influence the competitive landscape and dynamics of the AWP market.
Challenges In Aerial Work Platform Market
Some of the main challenges facing the aerial work platform (AWP) market are fluctuations of raw material prices, which include steel and aluminium, that can affect the production costs and, therefore, restrict demand. Such economic declines and recessions would act as the negative damp-affecting variables for construction and infrastructure activities, which AWP demand depends on. Price-competitive alternatives often give scaffolding and laddering solutions stiff competition to AWPs in certain markets. In addition, needing skilful operators and a regimented regulatory system regarding safety demands training and investment for AWP, which can be cumbersome for some companies. In terms of geographical segments, AWP market growth and demand vary from region to region. North America and Europe are mature markets having high adoption rates because of strict safety regulations and established construction industries. In large part, growth in the Asia-Pacific area will be due to rapid urbanization, infrastructure development, and increasing construction activities in China and India. Latin America and the Middle East are also benefiting from infrastructure projects, investments, etc.
Risks & Prospects in Aerial Work Platform Market
The Aerial Work Platform (AWP) market has vast prospects, with increasing infrastructure development, construction, and workplace safety trending positively for its development. Further market opportunities for AWP demand are being created in the warehousing and material handling applications due to the continued boom of e-commerce and logistics. In addition, technological advancements like the manufacture of electric and hybrid AWPs allow the market to grow in regions sensitive to environmental issues. By region, North America is currently occupying a major AWP market share due to its strong construction sector and strict safety regulations. However, the rate of growth of this market would be phenomenal in the Asia-Pacific region in the upcoming years, due to rapid urbanisation, ongoing infrastructure projects, and growing spending on construction activities in China and India. Europe also holds a sizable share of the market, with the focus now directed toward infrastructure modernisation and renewable energy projects.
Key Target Audience
Aerial work platforms serve a wide range of end-users, among whom construction companies form a major chunk of the target audience. Such companies heavily rely on the AWPs for all sorts of tasks associated with construction, maintenance, and repair work at heights. AWP offers workers the chance to enter elevated areas safely and efficiently, thus improving productivity and assuring safety on construction sites. The other industry sectors that have also been targeted by the AWP market include utility companies, telecommunication service providers, and facility management companies. These sectors use AWPs for power line maintenance, installation and repair of communication towers, and exterior building maintenance. The platforms provide a safe and flexible means for accessing hard-to-reach areas, making these machines indispensable to any industry that requires work at heights.
Merger and acquisition
Mergers and acquisitions in the aerial work platform (AWP) market area have been a common occurrence recently, and these activities reflect the strategic consumption of companies to expand their presence in the marketplace and diversify product offerings. Herc Holdings and A&E Equipment Services surpassed an offer made by United Rentals, $5.3 billion, in February 2025, as an aggressive bid that also elapsed a previous United Rentals of almost $5 billion in an all-cash proposal. This aggressive bidding goes to show that there is an increasing demand within the equipment rental industry, where construction companies have adopted asset-light models, and the market remains fragmented for successful consolidation. Herc believes the acquisition should yield an additional $300 million in pre-tax profits through various synergies related to the acquisition. Previously, in February 2024, Borgman Capital sold the portfolio company Aerial Work Platforms Inc. to Herc Rentals Inc. Established in 1979, Aerial Work Platforms is primarily engaged in the rental, service, and sales of aerial lift equipment, which includes scissor lifts, boom lifts, telehandlers, and forklifts. Such investment was to strengthen Herc Rentals' position in the aerial equipment rental market, especially in Wisconsin: Aerial Work Platforms was the leading independent rental equipment company by fleet size.
>Analyst Comment
Robust growth is being experienced in the aerial work platform market, and the underlying force driving this growth is construction and infrastructure development, with an emphasis on workplace safety. The need for aerial work platforms will continue to increase even in the various sectors such as construction, utilities, telecommunications, and logistics, as companies seek to establish effective and safe solutions for height work. The development of technologies such as electric and hybrid AWPs is also set to provide eco-friendly and cost-effective solutions, thus leading to more market expansion.
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Aerial Work Platform- Snapshot
- 2.2 Aerial Work Platform- Segment Snapshot
- 2.3 Aerial Work Platform- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Aerial Work Platform Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Boom Lifts
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Truck-Mounted Lifts
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Towable Boom Lifts
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Scissor Lifts
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Vertical Personnel Lifts
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
- 4.7 Others
- 4.7.1 Key market trends, factors driving growth, and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market share analysis by country
5: Aerial Work Platform Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Construction and Building Maintenance
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Telecommunications
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Utilities (Power and Energy)
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Entertainment and Events
- 5.5.1 Key market trends, factors driving growth, and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
- 5.6 Others
- 5.6.1 Key market trends, factors driving growth, and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market share analysis by country
6: Aerial Work Platform Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 JLG Industries (United States)
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Genie (Terex Corporation) (United States)
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Skyjack (Canada)
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 Haulotte Group (France)
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Snorkel (United States)
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 RUTHMANN (Germany)
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 MEC Aerial Work Platforms (United States)
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 Niftylift (United Kingdom)
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Teupen (Germany)
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 Manitou Group (France)
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 Palazzani Industrie S.p.A. (Italy)
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
- 8.12 Altec Industries (United States)
- 8.12.1 Company Overview
- 8.12.2 Key Executives
- 8.12.3 Company snapshot
- 8.12.4 Active Business Divisions
- 8.12.5 Product portfolio
- 8.12.6 Business performance
- 8.12.7 Major Strategic Initiatives and Developments
- 8.13 Time Manufacturing Company (United States)
- 8.13.1 Company Overview
- 8.13.2 Key Executives
- 8.13.3 Company snapshot
- 8.13.4 Active Business Divisions
- 8.13.5 Product portfolio
- 8.13.6 Business performance
- 8.13.7 Major Strategic Initiatives and Developments
- 8.14 Hinowa (Italy)
- 8.14.1 Company Overview
- 8.14.2 Key Executives
- 8.14.3 Company snapshot
- 8.14.4 Active Business Divisions
- 8.14.5 Product portfolio
- 8.14.6 Business performance
- 8.14.7 Major Strategic Initiatives and Developments
- 8.15 Oil & Steel (Italy)
- 8.15.1 Company Overview
- 8.15.2 Key Executives
- 8.15.3 Company snapshot
- 8.15.4 Active Business Divisions
- 8.15.5 Product portfolio
- 8.15.6 Business performance
- 8.15.7 Major Strategic Initiatives and Developments
- 8.16 Bronto Skylift (Finland)
- 8.16.1 Company Overview
- 8.16.2 Key Executives
- 8.16.3 Company snapshot
- 8.16.4 Active Business Divisions
- 8.16.5 Product portfolio
- 8.16.6 Business performance
- 8.16.7 Major Strategic Initiatives and Developments
- 8.17 Dingli Australia (Australia)
- 8.17.1 Company Overview
- 8.17.2 Key Executives
- 8.17.3 Company snapshot
- 8.17.4 Active Business Divisions
- 8.17.5 Product portfolio
- 8.17.6 Business performance
- 8.17.7 Major Strategic Initiatives and Developments
- 8.18 SkyMan International (Italy)
- 8.18.1 Company Overview
- 8.18.2 Key Executives
- 8.18.3 Company snapshot
- 8.18.4 Active Business Divisions
- 8.18.5 Product portfolio
- 8.18.6 Business performance
- 8.18.7 Major Strategic Initiatives and Developments
- 8.19 Platform Basket (Italy)
- 8.19.1 Company Overview
- 8.19.2 Key Executives
- 8.19.3 Company snapshot
- 8.19.4 Active Business Divisions
- 8.19.5 Product portfolio
- 8.19.6 Business performance
- 8.19.7 Major Strategic Initiatives and Developments
- 8.20 CTE S.p.A. (Italy)
- 8.20.1 Company Overview
- 8.20.2 Key Executives
- 8.20.3 Company snapshot
- 8.20.4 Active Business Divisions
- 8.20.5 Product portfolio
- 8.20.6 Business performance
- 8.20.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
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The Aerial Work Platform (AWP) market includes the manufacturing, selling, and renting of specialised machines that allow for temporary access to elevated areas. These platforms, also known as aerial devices or mobile elevating work platforms (MEWPs), are intended for the lifting of workers and equipment to heights where they perform varied tasks across many sectors. Types of AWPs include boom lifts, scissor lifts, and vertical mast lifts; these machines have different capabilities and specific features for various applications. The market is segmented according to types of products, platform heights, and power sources; applications and regions are also considered, with major players focusing on the enhancement of their market presence by technology developments, product innovations, and strategic alliances.
