Aerial Work Platforms (AWPs) Market (Product kind – scissor lift, Boom lift (Telescopic, Articulating); Operation – Self-operated, Manual Operated; Fuel kind – Gas/Diesel, electrical and Hybrid) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the worldwide aerial work platforms (AWPs) unit sales crossed 90,000 units within the year 2017; and is ready to exhibit CAGR of 5.8% throughout the forecast amount from 2018 to 2026.
Aerial work platforms (AWPs) are among the foremost indispensable equipment needed in construction, transportation, and different infrastructure projects. These platforms are considered highly convenient and safe, making them helpful in a big selection of construction and maintenance operations. The market growth is basically governed by the growing regulations as well as awareness relating to labor safety. because of their simple handling and safety, aerial work platforms are currently commutation conventional equipment (such as ladders, ropes) at construction and maintenance sites. additionally, a consistent rise in construction and infrastructure projects is another major factor supporting the aerial work platforms market growth. [ Boom Lift Rental Contractor ]
Aerial work platforms are utilized in a large range of construction and maintenance projects worldwide. Of these, boom lifts are the most popular type of AWPs because of their higher accessibility and flexible design. In 2017, boom aerial work platforms phase LED the market with more than 60 minutes of the global market share. Boom aerial work platforms are additional classified into telescopic boom and articulating boom aerial work platforms. supported the additional classification, the section is LED by the articulating boom aerial work platform. These Industrial equipment supply operation at extended heights and increased mobility. This makes them suitable for many of the applications. Thereby, the product kind would continue to dominate the market throughout the forecast period. [ Articulating Boom Lift ]
Based on the geographics, North America LED the market with a market share, in terms useful, of more than 400th in 2017. The market here is backed by the existence of subtle construction & maintenance sector. additionally, high awareness regarding labor safety is another important factor in supporting market growth. Presence of regulatory bodies such as OSHA has ensured high labor safety awareness and expenditure on such equipment within the region. within the following years, Asia Pacific is ready to register the quickest growth within the market. excluding China and India, geographic region too could be a major marketplace for aerial work platforms because of the presence of sizable construction & maintenance activities.