Stratview Research has published a new market research report titled Aerial Work Platform Market. According to the report, the Aerial Work Platform Market is Segmented by Product Type (Boom Lifts, Scissor Lifts, Vertical Mast Lifts, and Personal Portable Lifts), Engine Type (Electric, Engine-Powered), by End-User Type (Construction, Retail, Storage, and Warehouses, Transportation and Logistics, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Stratview Research has concluded that the aerial work platform market was estimated at USD 17.59 billion in 2022 and is likely to grow at a CAGR of 6.17% during 2023-2028 to reach USD 25.26 billion in 2028.

Segment Analysis

Based on the product type, the market is segmented as boom lifts, scissor lifts, vertical mast lifts, and personal portable lifts. Boom lifts held the largest share of the market in 2022, due to their versatile nature as they can be used in utilities and construction to storage and shipping industries.

Based on the end-user type, the aerial work platform market is segmented as construction, retail, storage, warehouses, transportation and logistics, and others. The construction segment dominated the market in 2022. Aerial work platforms are majorly used in the maintenance and construction of mining infrastructure and high demand for new infrastructure investment in the metals and mining sector is likely to drive the segment’s market.

Based on the engine type, the aerial work platform market is segmented as electric and engine-powered. The electric aerial work platform segment dominates the market and is likely to grow at an excellent rate in the coming years, due to the increasing demand for maintenance and repair services in the residential construction sector.

In terms of regions, North America dominated the market in 2022, whereas Asia-Pacific is expected to grow at the fastest pace during the forecast period. China and India are the key growth engines of the Asia-Pacific market. Europe is also expected to offer lucrative growth opportunities during the forecast period.

Report Customization Options

With this detailed report, Stratview Research offers one of the following customization options to the users -

Company Profiling -Detailed profiling of additional market players.

Competitive Benchmarking

The benefits of competitive benchmarking are clear: By comparing their performance to their competitors, users can catch trends early and adjust their marketing goals accordingly. This report provides authentic competitive benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Key players

The key players active in the Aerial Work Platform Market mentioned in the report are as follows -

  • Advance Lifts, Inc.
  • Aichi Corporation
  • EdmoLift AB
  • Galmon (S) Pte Ltd
  • Haulotte Group
  • JLG Industries
  • Linamar Corporation
  • MEC Aerial Work Platforms
  • Terex Corporation
  • Wiese USA

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].

FAQs in the Report-

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About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries. With this report, Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or connect with our experts at - +1-313-307-4176.