An aerial work platform (AWP) is also commonly known as a man lift or lift. AWP refers to any machine that is used by people or equipment as access in hard-to-reach areas, which are too high to reach safely using other methods.
The increasing use of rental equipment is one of the primary factors fuelling market’s growth. With the increasing cost, there is a rising preference towards renting equipment. The AWP equipment industry is capital-intensive and there is a need for huge funds for the acquisition and maintenance and operating equipment. Since building projects and maintenance activities require truck-mounted AWPs for a temporary period of time, end-users usually prefer renting the equipment than purchasing.
The increasing height of wind turbine installations has induced several end-users opt for truck-mounted AWPs that have a higher reach capability. Owing to the increasing demand, the vendors have started launching several new products that will help them increase their revenue shares. For instance, TIME Manufacturing showcased its high-reaching VERSALIFT SKYBIRD T215I and VERSALIFT PHX 180 truck-mounted aerial lifts, as well as its new VST-7100-I articulating, telescopic lift.
In 2019, the market size of Truck-Mounted Aerial Work Platform (AWP) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Truck-Mounted Aerial Work Platform (AWP).
This report studies the global market size of Truck-Mounted Aerial Work Platform (AWP), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Truck-Mounted Aerial Work Platform (AWP) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
CTE
MORITA HOLDINGS CORPORATION
Versa Lift
PALFINGER
Terex
...
Market Segment by Product Type
Boom Lifts
Scissor Lifts
Vertical Mast Lifts
Personal Portable Lifts
Market Segment by Application
Construction
Telecommunication
Transport & Logistics
Government
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Truck-Mounted Aerial Work Platform (AWP) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Truck-Mounted Aerial Work Platform (AWP) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Truck-Mounted Aerial Work Platform (AWP) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Truck-Mounted Aerial Work Platform (AWP). Industry analysis & Market Report on Truck-Mounted Aerial Work Platform (AWP) is a syndicated market report, published as Global (United States, European Union and China) Truck-Mounted Aerial Work Platform (AWP) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Truck-Mounted Aerial Work Platform (AWP) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.