Aerial work platform Market By Mechanism (Self-Propelled, Manual), By Product Type (Boom Lifts, Scissor Lifts),By Fuel Type (Petrol/Gasoline, Electric, Hybrid fuel),By End-User (Construction, Manufacturing, Mining),Industry trends, Estimation & Forecast, 2016 - 2024

November 2017

 ERC 9505

Aerial work platform (AWP), also known as Elevating Work Platform, is a device which enables a temporary access to the inaccessible zones. It is majorly used to maintain and fix the glitches (maintenance) and for complicated constructions at different heights. AWPs have an extensive use in certain fields such as engineering, electrification, maintenance and emergency services.

Development and growth, especially in the construction sector at a driver for the AWP markets. An unrivaled growth of AWP market has been recorded in the field of construction and maintenance services.The increase in the use of these machines in construction and mining sector plays key role in aerial work platform (AWP) market expansion as it is very risky to work at heights. Increasing use for maintenance & repairs of high tension power lines, disaster management functions and the military segment is predicted to propel the demand of AWPs. The event management industry is also expected to evolve as a profitable application field for the market.

Emerging infrastructural growth and big construction projects are predicted to boost the growth of the market. Swiftly growing telecommunication sector has owed and promoted machine demand. Further, rising concerns about worker security is predicted to fuel the use of AWPs. However, the lack of consciousness regarding technology and technical skills among workers hinders the revenue growth. Inaccessibility of authorized personnel to run aerial work lifts is forecast to impede the aerial work platform (AWP) industry. Moreover, security concerns associated with lift device can be a threat to industry growth.

The segmentation of the Aerial Work Platform market is based upon the mechanism, product type, fuel type, platform height, end user and by region. Based upon the mechanism, the AWP market is segmented into the self-propelled mechanism and manual mechanism. Based upon product the market is segmented into four categories, i.e. boom lifts, scissors lift, vertical mass lift and personal portable lifts. On the basis of fuel type the AWP market is categorized as; petrol, gas, electric, hybrid fuel. Based on platform height, the market is segmented into four categories i.e., 0 feet-30 feet, 30feet-60feet, 60feet - 100feet and more than 100 feet. By user end, it is classified as in; construction, mining, manufacturing, telecommunication, transport & logistics and others (public administration).

Based on geography, the classification of the market is done as North America, Europe, Asia-Pacific and rest of the world(Latin America, Middle East, and Africa).Key players of the AWP market are Aichi Corporation, Time Benelux, Teupen, Haulotte, Tadano,Terex, JLG industries, Ruthman, Bronto Skylift and Bosch Rexroth.

 Aerial work platform Market Segmentation

The market is segmented on the basis of Mechanism,Product Type, Fuel Type, Platform Height, End-User and Geography.

By Mechanism

     • Self-Propelled

     • Manual

By Product Type

     • Boom Lifts

     • Scissor Lifts

     • Vertical Mass Lifts

     • Personal Portable Lifts

By Fuel Type

     • Petrol/Gasoline

     • Gas

     • Electric

     • Hybrid fuel

By Platform Height

     • Up to 30 Feet

     • 30 Feet-60 Feet

     • 60 Feet-100 Feet

     • More than 100 Feet

By End-User

     • Construction

     • Manufacturing

     • Mining

     • Telecommunication

     • Transport & Logistics

     • Others(Public Administration)

By Geography

     • North America

     • Europe

     • Asia-Pacific

     • Rest of the world (Latin America, Africa, and the Middle East)

 

Aerial Work Platform Market Key Players

    • Aichi Corporation

    • Time Benelux

    • Teupen

    • Haulotte

    • Tadano

    • Terex

    • JLG Industries

    • Ruthman,

    • Bronto Skylift

    • Bosch Rexroth

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