Aerial Work Platform Market to Register High Revenue Growth at ~4% CAGR During 2019 - 2029 - PowerPoint PPT Presentation

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Aerial Work Platform Market to Register High Revenue Growth at ~4% CAGR During 2019 - 2029

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Future Market Insights (FMI), in its latest research study, investigates the aerial work platform market and presents actionable insights on its progress footsteps for the evaluation timespan of 2019-2029. As per the research study, the global aerial work platform market revenues reached ~US$ 8.3 Bn in 2018, and are projected to grow steadily at a CAGR of ~4 % during the forecast period. – PowerPoint PPT presentation

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Title: Aerial Work Platform Market to Register High Revenue Growth at ~4% CAGR During 2019 - 2029


1
Aerial Work Platforms Market
  • February 2020

Report Id REP-GB-1797 Published On
August-2019 Category Industrial Automation and
Equipment
2
About Future Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Aerial Work Platforms Market Analysis
  • VALLEY COTTAGE, New York, Aug. 27, 2019
    /PRNewswire/ -- Future Market Insights (FMI), in
    its latest research study, investigates the
    aerial work platform market and presents
    actionable insights on its progress footsteps for
    the evaluation timespan of 2019-2029. As per the
    research study, the global aerial work platform
    market revenues reached US 8.3 Bn in 2018, and
    are projected to grow steadily at a CAGR of 4
    during the forecast period.
  • Consistent surge in maintenance practices of
    infrastructural assets, including airports,
    window washing and repairing, and an increasing
    number of construction projects in metropolitan
    economies in developing regions are setting huge
    demand for AWPs in the landscape, suggests the
    report. In addition, stringent safety and
    environmental regulations will continue to avoid
    upcoming worker casualties and check diesel
    emissions, which is likely to encourage
    innovation that can negotiate credit squeeze and
    reverse the environmental impact of 21st century
    aerial work platforms.
  • Conventional methods of lifting equipment and
    maintaining industrial assets have been an affair
    of concern among the construction verticals of
    many countries. Realizing personnel welfare and
    resource preservation has motivated
    infrastructure and mining operators to turn to
    aerial work platforms. Key players are embracing
    self-propelled and energy-efficient technology to
    cater to the needs of end users.
  • Construction Workforce Shifting to Boom Lifts for
    Repair Works
  • FMI's report finds that boom lifts hold shares
    worth more than half of the global aerial work
    platform market value. Battery-driven boom lifts
    offer high flexibility, enabling movement around
    obstacles and

5
Aerial Work Platforms Market Analysis
  • access to compact areas, and the tiers of the
    boom lifts do not leave any mark. Electric boom
    lifts provide vertical elevation of more than 100
    feet, and facilitate vertical and horizontal
    movements without disturbing the base and offer a
    180-degree operation to reach areas behind the
    equipment. Furthermore, they are best fit for
    jobs that require excessive movement and can be
    coupled with other transporting vehicles, finding
    favor with the end users.
  • On the flip side, scissor lifts facilitate only
    unidirectional movement, i.e. upwards and the
    base requires constant adjustment accordingly.
    Some variants of scissor lifts, for instance,
    rough terrain scissor lifts, do not have
    non-marking tiers and offer a maximum of 60 feet
    elevation. Furthermore, scissor lifts are
    cost-intensive as they demand regular
    maintenance.
  • AWP Rental Service Providers Fetching More
    Customers Despite Steady Growth Trail
  • Both, the industrial end users and AWPs rental
    service providers are witnessing sluggish
    progress, with the latter slightly declining over
    the forecast timeframe, says FMI. Construction
    and commercial sectors hold substantial shares on
    account of rising building activities in
    developing and under-developed countries as well
    as manufacturing amusement sites for
    entertainment purposes. Furthermore, the assets
    in construction and commercial verticals demand
    continuous and long-term maintenance, adding
    further to the expenses.
  • Customers from low and middle income countries
    (LMIC) are stumbling upon AWPs rental service
    provider companies for temporary purposes, owing
    to high initial investments and progressive

6
Aerial Work Platforms Market Analysis
  • maintenance costs of aerial work platforms, for
    instance, scissor lifts. These rental service
    providers facilitate users with tailored aerial
    work platforms sticking to the requirements of
    the job sites, such as articulated boom lifts,
    and rough terrain scissor lifts, among others.
  • Press-Release Source - https//www.prnewswire.com/
    news-releases/aerial-work-platforms-market-is-expe
    cted-to-grow-at-a-cagr-of--4-during-2019-to-2029--
    future-market-insights-300907498.html
  • More Related Press-Release
  • Bandsaw Machines Market is Expected to Increase
    at a CAGR of 4 Over the Forecast Period of 2019
    to 2029
  • Underground Mining Equipment Market is Estimated
    to Grow at a CAGR of 2.4 During the Forecast
    Period of 2019 to 2029
  • Building Automation System Market is Expected to
    Grow at a CAGR of 8 During the Forecast Period
    of 2019 to 2029
  • About Us
  • Future Market Insights (FMI) is a leading market
    intelligence and consulting firm.

7
Aerial Work Platforms Market Analysis
  • We deliver syndicated research reports, custom
    research reports and consulting services which
    are personalized in nature. FMI delivers a
    complete packaged solution, which combines
    current market intelligence, statistical
    anecdotes, technology inputs, valuable growth
    insights and an aerial view of the competitive
    framework and future market trends.
  • Contact Us Mr. Abhishek Budholiya 616 Corporate
    Way, Suite 2-9018 Valley Cottage, NY 10989 United
    States T 1-347-918-3531 F 1-845-579-5705 T
    (UK) 44(0)20-7692-8790 Sales sales_at_futuremarket
    insights.com

8
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contact Hari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor, 207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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