AERIAL WORK PLATFORM (AWP) TRUCK MARKET ANALYSIS

Aerial Work Platform (AWP) Truck Market, By Type (Boom lifts, Scissor lifts, Vertical mast lifts, and Personal portable lifts), by Power Type (Electric and Engine Powered), By Platform (Below 10 M, 10-20 M, 20-30 M, and Above 30 M), By Application (Rental, Construction and Mining, Government, Telecommunication, Transportation & Logistics, Utility, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023
Code : CMI4291
Pages :150
Formats :
Excel and PDF
Industry : Construction Engineering

Aerial Work Platform (AWP) Truck MarketSize and Trends

The global aerial work platform (AWP) truck market was valued at US$ 11643.3 Mn in 2021.

Figure 1: Global Aerial Work Platform (AWP) Truck Market Share (%), By Region, 2021

North America is expected to account for the largest market share during the forecast period owing to presence of key players in the region such as Linamar Corporation, Manitex International, JLG Industries, Inc., Altec Industries and others. For instance, JLG Industries, Inc., a U.S. based manufacturer of lift equipment, launched new-generation of rough-terrain (RT) and electric rough-terrain (ERT) scissor lifts. The scissor lifts are used to ensure comfortable operation and transportation of tools and material to the work area. The scissor lifts are used in warehouse construction to bring necessary utilities to the height.

Figure 2: Global Aerial Work Platform (AWP) Truck Market (US$ Mn) Analysis and Forecast, 2017 - 2030

The global aerial work platform (AWP) truck market was valued at US$ 11643.3 Mn in 2021 and is expected to reach US$ 29747.7 Mn by 2030, growing at a CAGR of 11.2% between 2022 and 2030.