The latest report by IMARC Group, titled “Aerial Work Platform Market Report by Engine Type (Electric, Fuel-powered), Product Type (Boom Lifts, Scissor Lifts, Truck/Crawler Mounted Lifts, Push Around Aerial Work Platforms, Spider Lifts, and Others), Application (Construction, Retail, Storage and Warehouses, Transportation and Logistics, and Others), and Region 2025-2033,” finds that the global aerial work platform market size reached USD 10.0 Billion in 2024. Aerial work platforms (AWP) or elevating work platforms (EWP) are mechanical aerial devices that allow people and equipment to reach inaccessible or remote areas. They are specifically designed for elevating personnel up to a suitable height and offer a stable and safe base during the uplift stage. AWPs can be used in both indoor and outdoor settings due to their versatile and efficient nature. In addition, they can be fitted with specialized equipment like window glass frames and under-bridge units for lifting operators at work locations. As a result, they are primarily used to access construction and maintenance work areas. They also find applications in the renovation, maintenance, utilities, transportation and logistics, and other end user industries.
Global Aerial Work Platform Market Trends:
The market is primarily driven by significant growth in the construction industry as AWPs are increasingly used in commercial construction activities. Besides this, the development of smart cities and maintenance of the existing infrastructure is also contributing to the market growth. In addition to this, the stable working conditions offered by AWPs helps in reducing accidents and fatalities on construction sites, which, in turn, is also propelling their demand over traditional scaffoldings. Moreover, governments across various countries are extensively investing in building commercial complexes and public transport infrastructure, which is fueling the market growth. Furthermore, technological advancements, such as the integration of tilt sensors and automatic self-checking instruments in novel AWPs, are also creating growth opportunities for market players. These systems facilitate real-time warnings and alerts to the operators, which enhances the operation safety of the equipment. Looking forward, the market value is projected to reach USD 17.3 Billion by 2033, expanding at a CAGR of 5.78% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Engine Type, Product Type, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Aichi Corporation (Toyota Industries Corporation), Dinolift OY, Haulotte Group (Solem SA), Hunan Sinoboom Intelligent Equipment Co. Ltd., JLG Industries (Oshkosh Corporation), LGMG North America Inc., Linamar Corporation, Manitou Group, MEC Aerial Work Platforms, Tadano Ltd., Terex Corporation and Zhejiang Dingli Machinery Co Ltd. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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