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2021
Aerial Work Platform Market

Aerial Work Platform Market by Type (Boom Lifts, Scissor Lifts, Vehicle Mounted Platforms, and Others), Operation (Fuel Powered, Electric, and Hybrid), Lifting Height (20 feet, 20 to 50 feet, 50 to 70 feet, and Above 70 feet), and End-User Industry (Construction, Utilities, Logistics & Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A11104
Pages: 247
Apr 2021 | 1573 Views
   
Author(s) : Tanvi Pednekar , Onkar Sumant
Tables: 135
Charts: 67
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Aerial Work Platform Market Outlook- 2027

The global aerial work platform market size is expected to reach $14,351.7 million in 2027, from $9,272.9 million in 2019, growing at a CAGR of 7.7% from 2020 to 2027. Aerial work platforms (AWP), also known as aerial lifts, mobile elevating work platforms (MEWP), cherry pickers, and others, find their applications in construction, warehousing, renovation, maintenance, utilities, and others end-user industries. AWPs are specially designed for elevating or raising personnel up to suitable heights and offer a stable and safe base during the uplifted stage. AWPs can be used in both indoor and outdoor applications and are highly versatile and efficient. 

The COVID-19 pandemic has hindered the demand for aerial work platforms in North America and Europe, however, China exhibited significant growth in demand during the outbreak.

The compact and versatile use of AWP surges its demand from the construction industry. Articulated boom lifts, telescopic boom lifts, scissor lifts, and others offer compact and easy transportation, which make them easy for use in indoor as well as outdoor construction activities. Further, the stable working conditions offered by AWPs help in reducing accidents and fatalities on construction sites; thus, making them a better choice than traditional scaffoldings. Thus, the high demand from construction industry is expected to drive the growth of the aerial work platform market. Moreover, the rapid infrastructural and manufacturing development in China drives the demand for AWP in the country. In addition, increased focus of Chinese manufacturers toward production of aerial work platforms is expected to drive the aerial work platform market growth.

Aerial-Work-Platform-Market-2020-2027[2]

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However, the unavailability of skilled personnel to operate aerial work platforms is expected to restrain the growth of the aerial work platform market. AWPs are highly advanced and lack of training within operators can result in accidents. Hence, the adoption of AWPs is also significantly low in under-developed and developing countries. In addition, the COVID-19 pandemic has disrupted the normal operation of every industry. The government-imposed lockdowns and unstable economic conditions has declined the demand for AWPs; thereby, hindering the growth of the aerial work platform market. In addition, the halt in construction and logistics & transportation activities has also affected the demand for AWP during 2020. 

On the contrary, the development in new battery technologies is expected to boost the demand for electric aerial work platforms in the near future. The new and upgraded emission standards and limitations in indoor use of engine-powered AWP can create new opportunities for fully electric and hybrid AWPs; thereby, creating opportunities for the growth of the aerial work platform industry.

Aerial Work Platform Market
By Type

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Others segment is projected to grow at a significant CAGR

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The global aerial work platform market is segmented on the basis of type, operation, lift height, end-user industry, and region. Based on type, the aerial work platform market is classified into boom lifts, scissor lifts, vehicle mounted platforms, and others. According to operation, it is categorized into fuel powered, electric, and hybrid. By end-user industry, the market is classified into construction, utilities, logistics & transportation, and others. Based on lift height, the market is fragmented into less than 20 feet, 20 to 50 feet, 50 to 70 feet, and above 70 feet. 

Aerial Work Platform Market
By Operation

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Hybrid segment is projected to grow at a significant CAGR

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The global aerial work platform market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to hold the largest market share throughout the study period, and Asia-Pacific is expected to grow at the fastest rate.

Aerial Work Platform Market
By Lift Height

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20 to 50 feet segment holds dominant position in 2019

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Competition Analysis

The key market players profiled in the report include Aichi Corporation, Altec Inc., Haulotte Group, J.C. Bamford Excavators Limited, Niftylift (UK) Limited, Oshkosh Corporation (JLG Industries, Inc.), Skyjack (Linamar Corp.), Terex Corporation (Genie), Teupen, and Zhejiang Dingli Machinery Co., Ltd.   

Aerial Work Platform Market
By End-User Industry

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Construction segment holds dominant position in 2019

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Many competitors in the aerial work platform market adopted agreement as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in November 2017, China-based aerial work platform manufacturer, Zhejiang Dingli, signed an agreement to purchase 25% stake in the U.S.-based California Manufacturing & Engineering Company (MEC) that offers a wide range of aerial work platform products. This enhanced the presence of Zhejiang Dingli in the North American aerial work platform market. In addition, companies are also adopting product launch strategies to enhance their product portfolio. For instance, in February 2021, the company Haulotte launched the SIGMA 16 and SIGMA 16 PRO electric articulating booms. The products are launched in North America as SIGMA 46 and SIGMA 46 PRO. The SIGMA 16 offers working height of up to 16 meters (46 feet) and can operate in both outdoor and indoor environments.

Aerial Work Platform Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

North America holds a dominant position in 2019 and Asia-Pacific is expected to grow at a highest rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global aerial work platform market trends and dynamics.  
  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive aerial work platform market analysis of all the countries is also provided in the report.
  • The global aerial work platform market forecast analysis from 2020 to 2027 is included in the report.
  • The key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry. 

Global Aerial Work Platform Market Segments

By Type

  • Boom Lifts
  • Scissor Lifts
  • Vehicle Mounted Platforms
  • Others

By Operation

  • Fuel-powered
  • Electric
  • Hybrid

By Lift Height

  • Less than 20 Feet
  • 20 to 50 Feet
  • 50 to 70 Feet 
  • Above 70 Feet

By End-user Industry

  • Construction
  • Utilities
  • Logistics & Transportation
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Aichi Corporation, Altec Inc.
  • Haulotte Group
  • J.C. Bamford Excavators Limited
  • Niftylift (UK) Limited
  • Oshkosh Corporation (JLG Industries, Inc.)
  • Skyjack (Linamar Corp.)
  • Terex Corporation (Genie)
  • Teupen
  • Zhejiang Dingli Machinery Co., Ltd.     
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 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
3.4.Market share analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Easy accessibility and mobility offered by aerial work platforms
3.5.1.2.Reduction in accidents and improved safety
3.5.1.3.Growth in logistics & transportation industry

3.5.2.Restraints

3.5.2.1.High dependence on traditional alternatives
3.5.2.2.High price of aerial work platforms

3.5.3.Opportunity

3.5.3.1.Development in fully electric and hybrid aerial work platforms

3.6.COVID-19 impact analysis

CHAPTER 4:AERIAL WORK PLATFORM MARKET, BY TYPE4.1.Overview
 

4.1.1.Market size and forecast, by type

4.2.Scissor lift

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Boom lift

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Vehicle mounted platform

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:AERIAL WORK PLATFORM MARKET, BY OPERATION

5.1.Overview

5.1.1.Market size and forecast, by operation

5.2.Electric

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Fuel engine

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Hybrid

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:AERIAL WORK PLATFORM MARKET, BY LIFT HEIGHT

6.1.Overview

6.1.1.Market size and forecast, by lift height

6.2.Less than 20 feet

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.20 feet to 50 feet

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.50 feet to 70 feet

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.More than 70 feet

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:AERIAL WORK PLATFORM MARKET, BY END-USER INDUSTRY

7.1.Overview

7.1.1.Market size and forecast, by end-user industry

7.2.Construction

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Utility

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Logistics & transportation

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Others

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

CHAPTER 8:AERIAL WORK PLATFORM MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast, by region

8.2.North America

8.2.1.Key market trends and opportunities
8.2.2.Market size and forecast, by type
8.2.3.Market size and forecast, by operation
8.2.4.Market size and forecast, by lift height
8.2.5.Market size and forecast, by end-user industry
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by type
8.2.6.1.2.Market size and forecast, by operation
8.2.6.1.3.Market size and forecast, by lift height
8.2.6.1.4.Market size and forecast, by end-user industry

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by type
8.2.6.2.2.Market size and forecast, by operation
8.2.6.2.3.Market size and forecast, by lift height
8.2.6.2.4.Market size and forecast, by end-user industry

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by type
8.2.6.3.2.Market size and forecast, by operation
8.2.6.3.3.Market size and forecast, by lift height
8.2.6.3.4.Market size and forecast, by end-user industry

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by type
8.3.3.Market size and forecast, by operation
8.3.4.Market size and forecast, by lift height
8.3.5.Market size and forecast, by end-user industry
8.3.6.Europe market size and forecast, by country

8.3.6.1.Germany

8.3.6.1.1.Market size and forecast, by type
8.3.6.1.2.Market size and forecast, by operation
8.3.6.1.3.Market size and forecast, by lift height
8.3.6.1.4.Market size and forecast, by end-user industry

8.3.6.2.UK

8.3.6.2.1.Market size and forecast, by type
8.3.6.2.2.Market size and forecast, by operation
8.3.6.2.3.Market size and forecast, by lift height
8.3.6.2.4.Market size and forecast, by end-user industry

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by type
8.3.6.3.2.Market size and forecast, by operation
8.3.6.3.3.Market size and forecast, by lift height
8.3.6.3.4.Market size and forecast, by end-user industry

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by type
8.3.6.4.2.Market size and forecast, by operation
8.3.6.4.3.Market size and forecast, by lift height
8.3.6.4.4.Market size and forecast, by end-user industry

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by type
8.3.6.5.2.Market size and forecast, by operation
8.3.6.5.3.Market size and forecast, by lift height
8.3.6.5.4.Market size and forecast, by end-user industry

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by type
8.4.3.Market size and forecast, by operation
8.4.4.Market size and forecast, by lift height
8.4.5.Market size and forecast, by end-user industry
8.4.6.Market size and forecast, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by type
8.4.6.1.2.Market size and forecast, by operation
8.4.6.1.3.Market size and forecast, by lift height
8.4.6.1.4.Market size and forecast, by end-user industry

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by type
8.4.6.2.2.Market size and forecast, by operation
8.4.6.2.3.Market size and forecast, by lift height
8.4.6.2.4.Market size and forecast, by end-user industry

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by type
8.4.6.3.2.Market size and forecast, by operation
8.4.6.3.3.Market size and forecast, by lift height
8.4.6.3.4.Market size and forecast, by end-user industry

8.4.6.4.Rest of Asia-Pacific

8.4.6.4.1.Market size and forecast, by type
8.4.6.4.2.Market size and forecast, by operation
8.4.6.4.3.Market size and forecast, by lift height
8.4.6.4.4.Market size and forecast, by end-user industry

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by type
8.5.3.Market size and forecast, by operation
8.5.4.Market size and forecast, by lift height
8.5.5.Market size and forecast, by end-user industry
8.5.6.Market size and forecast, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by type
8.5.6.1.2.Market size and forecast, by operation
8.5.6.1.3.Market size and forecast, by lift height
8.5.6.1.4.Market size and forecast, by end-user industry

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by type
8.5.6.2.2.Market size and forecast, by operation
8.5.6.2.3.Market size and forecast, by lift height
8.5.6.2.4.Market size and forecast, by end-user industry

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by type
8.5.6.3.2.Market size and forecast, by operation
8.5.6.3.3.Market size and forecast, by lift height
8.5.6.3.4.Market size and forecast, by end-user industry

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2019

9.2.Top winning strategies

CHAPTER 10:COMPANY PROFILES: AERIAL WORK PLATFORM MARKET

10.1.Aichi Corporation

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Business performance

10.2.Altec, Inc.

10.2.1.Company overview
10.2.2.Key Executive
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.Haulotte Group S.A.

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance

10.3.1.Key strategic moves and developments

10.4.J. C. Bamford Excavators Ltd.
10.4.1.Company overview
10.4.2.Key executive
10.4.3.Company snapshot
10.4.4.Product portfolio
10.4.5.Key strategic moves and developments

10.5.Niftylift Limited

10.5.1.Company overview
10.5.2.Key Executive
10.5.3.Company snapshot
10.5.4.Product portfolio
10.5.5.Key strategic moves and developments

10.6.Oshkosh Corporation (JLG Industries, Inc.)

10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D Expenditure
10.6.7.Business performance
10.6.8.Key strategic moves and developments

10.7.Linamar Corporation (SkyJack)

10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.Business performance
10.7.7.Key strategic moves and developments

10.8.Terex Corporation

10.8.1.Key Executives
10.8.2.Company snapshot
10.8.3.Operating business segments
10.8.4.Product portfolio
10.8.5.R&D Expenditure
10.8.6.Business performance
10.8.1.Key strategic moves and developments

10.9.TEUPEN Maschinenbau GmbH

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Product portfolio

10.10.Zhejiang Dingli Machinery Co, Ltd.

10.10.1.Company overview
10.10.2.Key Executive
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.Business performance

LIST OF TABLES

TABLE 01.GLOBAL AERIAL WORK PLATFORM MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 02.SCISSOR LIFT AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 03.BOOM LIFT AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 04.VEHICLE MOUNTED AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 05.OTHERS AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 06.GLOBAL AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION, 2019-2027 ($MILLION)
TABLE 07.ELECTRIC AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 08.FUEL ENGINE AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 09.HYBRID AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 10.GLOBAL AERIAL WORK PLATFORM MARKET, BY LIFT HEIGHT, 2019-2027 ($MILLION)
TABLE 11.LESS THAN 20 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 12.20 FEET TO 50 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 13.50 FEET TO 70 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 14.MORE THAN 70 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 15.GLOBAL AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY, 2019-2027 ($MILLION)
TABLE 16.AERIAL WORK PLATFORM MARKET REVENUE FOR CONSTRUCTION, BY REGION 2019–2027($MILLION)
TABLE 17.AERIAL WORK PLATFORM MARKET REVENUE FOR UTILITY, BY REGION 2019–2027($MILLION)
TABLE 18.AERIAL WORK PLATFORM MARKET REVENUE FOR LOGISTICS & TRANSPORTATION, BY REGION 2019–2027($MILLION)
TABLE 19.AERIAL WORK PLATFORM MARKET REVENUE FOR OTHERS, BY REGION 2019–2027($MILLION)
TABLE 20.GLOBAL AERIAL WORK PLATFORM MARKET REVENUE, BY REGION 2019–2027$MILLION)
TABLE 21.NORTH AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 22.NORTH AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION, 2019–2027($MILLION)
TABLE 23.NORTH AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT, 2019–2027($MILLION)
TABLE 24.NORTH AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027($MILLION)
TABLE 25.NORTH AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 26.U.S. AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 27.U.S. AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 28.U.S. AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 29.U.S. AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 30.CANADA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 31.CANADA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 32.CANADA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 33.CANADA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 34.MEXICO AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 35.MEXICO AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 36.MEXICO AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 37.MEXICO AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 38.EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 39.EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION, 2019–2027($MILLION)
TABLE 40.EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT, 2019–2027($MILLION)
TABLE 41.EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027($MILLION)
TABLE 42.EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 43.GERMANY AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 44.GERMANY AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 45.GERMANY AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 46.GERMANY AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 47.UK AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 48.UK AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 49.UK AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 50.UK AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 51.FRANCE AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 52.FRANCE AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 53.FRANCE AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 54.FRANCE AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 55.ITALY AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 56.ITALY AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 57.ITALY AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 58.ITALY AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 59.REST OF EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 60.REST OF EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 61.REST OF EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 62.REST OF EUROPE AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 63.ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 64.ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION, 2019–2027($MILLION)
TABLE 65.ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT, 2019–2027($MILLION)
TABLE 66.ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027($MILLION)
TABLE 67.ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 68.CHINA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 69.CHINA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 70.CHINA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 71.CHINA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 72.JAPAN AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 73.JAPAN AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 74.JAPAN AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 75.JAPAN AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 76.INDIA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 77.INDIA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 78.INDIA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 79.INDIA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 80.REST OF ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 81.REST OF ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 82.REST OF ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 83.REST OF ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 84.LAMEA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 85.LAMEA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION, 2019–2027($MILLION)
TABLE 86.LAMEA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT, 2019–2027($MILLION)
TABLE 87.LAMEA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027($MILLION)
TABLE 88.LAMEA AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 89.LATIN AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 90.LATIN AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 91.LATIN AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 92.LATIN AMERICA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 93.MIDDLE EAST AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 94.MIDDLE EAST AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 95.MIDDLE EAST AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 96.MIDDLE EAST AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 97.AFRICA AERIAL WORK PLATFORM MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 98.AFRICA AERIAL WORK PLATFORM MARKET REVENUE, BY OPERATION 2019–2027($MILLION)
TABLE 99.AFRICA AERIAL WORK PLATFORM MARKET REVENUE, BY LIFT HEIGHT 2019–2027($MILLION)
TABLE 100.AFRICA AERIAL WORK PLATFORM MARKET REVENUE, BY END-USER INDUSTRY 2019–2027($MILLION)
TABLE 101.AICHI: KEY EXECUTIVES
TABLE 102.AICHI: COMPANY SNAPSHOT
TABLE 103.AICHI: PRODUCT PORTFOLIO
TABLE 104.ALTEC: KEY EXECUTIVE
TABLE 105.ALTEC: COMPANY SNAPSHOT
TABLE 106.ALTEC: PRODUCT PORTFOLIO
TABLE 107.HAULOTTE: KEY EXECUTIVES
TABLE 108.HAULOTTE: COMPANY SNAPSHOT
TABLE 109.HAULOTTE: OPERATING SEGMENTS
TABLE 110.HAULOTTE: PRODUCT PORTFOLIO
TABLE 111.JCB: KEY EXECUTIVE
TABLE 112.JCB: COMPANY SNAPSHOT
TABLE 113.JCB: PRODUCT PORTFOLIO
TABLE 114.NIFTYLIFT: KEY EXECUTIVE
TABLE 115.NIFTYLIFT: COMPANY SNAPSHOT
TABLE 116.NIFTYLIFT: PRODUCT PORTFOLIO
TABLE 117.OSHKOSH: KEY EXECUTIVES
TABLE 118.OSHKOSH: COMPANY SNAPSHOT
TABLE 119.OSHKOSH: OPERATING SEGMENTS
TABLE 120.OSHKOSH: PRODUCT PORTFOLIO
TABLE 121.LINAMAR: KEY EXECUTIVES
TABLE 122.LINAMAR: COMPANY SNAPSHOT
TABLE 123.LINAMAR: OPERATING SEGMENTS
TABLE 124.LINAMAR: PRODUCT PORTFOLIO
TABLE 125.TEREX: KEY EXECUTIVES
TABLE 126.TEREX: COMPANY SNAPSHOT
TABLE 127.TEREX: OPERATING SEGMENTS
TABLE 128.TEREX: PRODUCT PORTFOLIO
TABLE 129.TEUPEN: KEY EXECUTIVES
TABLE 130.TEUPEN: COMPANY SNAPSHOT
TABLE 131.TEUPEN: PRODUCT PORTFOLIO
TABLE 132.DINGLI: KEY EXECUTIVE
TABLE 133.DINGLI: COMPANY SNAPSHOT
TABLE 134.DINGLI: OPERATING SEGMENTS
TABLE 135.DINGLI: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.LOW TO MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 08.LOW TO MODERATE THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MARKET SHARE ANALYSIS
FIGURE 11.GLOBAL AERIAL WORK PLATFORM MARKET, BY TYPE, 2019-2027
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF SCISSOR LIFT AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF BOOM LIFT AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF VEHICLE MOUNTED PLATFORM AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF OTHERS AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.GLOBAL AERIAL WORK PLATFORM MARKET, BY OPERATION, 2019–2027
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ELECTRIC AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FUEL ENGINE AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF HYBRID AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.GLOBAL AERIAL WORK PLATFORM MARKET, BY LIFT HEIGHT, 2019-2027
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SCISSOR LIFT LESS THAN 20 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF 20 FEET TO 50 FEET LIFT AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF 50 FEET TO 70 FEET AERIAL WORK PLATFORM MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF MORE THAN 70 FEET AERIAL WORK PLATFORM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.GLOBAL AERIAL WORK PLATFORM MARKET, BY END-USER INDUSTRY, 2019–2027
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF AERIAL WORK PLATFORM MARKET FOR CONSTRUCTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF AERIAL WORK PLATFORM MARKET FOR UTILITY, BY COUNTRY,  2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF AERIAL WORK PLATFORM MARKET FOR LOGISTICS & TRANSPORTATION, BY COUNTRY,  2019 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF AERIAL WORK PLATFORM MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 30.GLOBAL AERIAL WORK PLATFORM MARKET, BY REGION, 2019–2027
FIGURE 31.U.S. AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 32.CANADA AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 33.MEXICO AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 34.GERMANY AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 35.UK AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 36.FRANCE AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 37.ITALY AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 38.REST OF EUROPE AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 39.CHINA AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 40.JAPAN AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 41.INDIA AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 43.LATIN AMERICA AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 44.MIDDLE EAST AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 45.AFRICA AERIAL WORK PLATFORM MARKET REVENUE, 2019–2027($MILLION)
FIGURE 46.MARKET PLAYER POSITIONING, 2019
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2017-2020
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020 (%)
FIGURE 50.AICHI: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.HAULOTTE: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 52.HAULOTTE: REVENUE, 2018–2020 ($MILLION)
FIGURE 53.HAULOTTE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.HAULOTTE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.OSHKOSH: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.OSHKOSH: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.OSHKOSH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.OSHKOSH: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.LINAMAR: REVENUE, 2018–2020 ($MILLION)
FIGURE 60.LINAMAR: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.LINAMAR: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.TEREX: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.TEREX: REVENUE, 2018–2020 ($MILLION)
FIGURE 64.TEREX: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.TEREX: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.TEREX: REVENUE, 2017–2019 ($MILLION)
FIGURE 67.DINGLI: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

Although North America garnered the highest share in the aerial work platform market, China has emerged as the fastest growing country. The rapidly growing demand for aerial work platforms is exhibited from the construction and logistics & transportation end-user industries. In addition, the development of manufacturing infrastructure has assisted China in becoming the largest manufacturing hub globally. In addition, Chinese companies are now entering the global aerial work platform market with more and better variants to sustain the competition from its American and European counterparts.

Moreover, the aerial work platform market is seeking growth opportunities in developing countries such as India, Brazil, and others, owing to the high construction and manufacturing development in these countries. Further, the growing popularity of scissor lifts for indoor applications and the upgradations in battery technologies can help in sustaining the growth of aerial work platforms in the near future. 

Many competitors in the aerial work platform market adopted agreement as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in November 2017, China-based aerial work platform manufacturer, Zhejiang Dingli, signed an agreement to purchase 25% stake in the U.S.-based California Manufacturing & Engineering Company (MEC) that offers a wide range of aerial work platform products. This enhanced the presence of Zhejiang Dingli in the North American aerial work platform market. In addition, companies are also adopting product launch strategies to enhance their product portfolio. For instance, in February 2021, the company Haulotte launched the SIGMA 16 and SIGMA 16 PRO electric articulating booms. The products are launched in North America as SIGMA 46 and SIGMA 46 PRO. The SIGMA 16 offers working height of up to 16 meters (46 feet) and can operate in both outdoor and indoor environments.
 

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A. The global aerial work platform market size was $9,272.9 million in 2019 and is projected to reach $14,351.7 million in 2027, growing at a CAGR of 7.7% from 2020 to 2027.

A. The forecast period considered for the global aerial work platform market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. To get latest version of global aerial work platform market report can be obtained on demand from the website.

A. The base year considered in the global aerial work platform market is 2019.

A. No, the report does not provide Value Chain Analysis for the global aerial work platform market. However, it provides market share analysis for the top players in the aerial work platform market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. On the basis of type, the scissor lifts segment is expected to be the most influencing segment growing in the global aerial work platform market report.

A. Based on the end-user industry, in 2019, the construction segment generated the highest revenue, accounting for 64.0% of the market and is projected to grow at a CAGR of 6.5% from 2020 to 2027.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of global aerial work platform market is $8,532.9 million in 2020. The decline is mainly due to the COVID-19 pandemic and the contraction in demand from North America and Europe. COVID Banner Statement: The COVID-19 pandemic has hindered the demand for aerial work platforms in North America and Europe, however, China exhibited significant growth in demand during the outbreak of COVID-19 pandemic.

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