Friday, April 8th, 2016 adds“Aerial Work Platform Truck Global Market Analysis to 2016 & Forecast to 2020”reports to its database. We can offer you discount on this report.

This market research report presents a detailed segmentation of the global aerial work platform (AWP) truck market by end user (construction, telecommunication, transport and logistics, and others), by product type (boom lifts, scissor lifts, vertical mast lifts, and personal portable lifts) and by geography (the Americas, APAC, and EMEA). Key vendors in this market are Altec, Haulotte, Tadano, and Terex.

Outlook of the global aerial work platform (AWP) truck market 
Technavio’s market research analyst predicts the aerial work platform (AWP) truck market to grow at a steady CAGR of more than 18% during the forecast period. Aerial work platforms are very much in demand around the globe due to increasing investments in the construction industry. AWP trucks are also used for disaster management activities and for maintaining electrical and telecommunication lines. Since AWP trucks are very helpful in keeping personnel safe, they help to bolster productivity. AWPs are powered by electricity, gas, hydraulics, and pneumatics and are extensively used to deliver materials to construction areas.

AWP trucks offer workers a safe and stable platform to work. They are stable and have emergency systems built in so that workers can descend to safety in case of problems. Features like railings are essential when personnel are working at high-rise construction sites. Reliable and stable work platforms also help in boosting productivity. Given the number of construction projects across the globe, the need for AWP trucks is expected to increase.


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End-user segmentation and analysis of the AWP truck market 
-Transport and logistics 
Others (banner installation, painting, cleaning and maintenance, and facilities management) 
The construction industry is easily the biggest user of AWP trucks because these can be used to lift workers as well as materials. One of the major reasons for the steady growth of this segment is the availability of AWP trucks in different configurations, which help in carrying out tasks and delivery of materials effectively. This market segment is anticipated to grow at a CAGR of almost 19% by 2020.

Geographical segmentation and analysis of the AWP truck market 
The AWP truck market is growing at a rapid pace in the APAC region and is expected to reach just over USD 2 billion by the end of the forecast period. This growth is fueled by huge investments in infrastructure by different countries in the region, especially for industries such as construction and telecommunication. Countries such as China are very focused on providing a safe work environment for workers and are using proper equipment to do their jobs. For instance, China Occupational Safety and Health Association (COSHA) is developing a number of strategies to promote safe and efficient operating methods in collaboration with international and Chinese AWP truck manufacturers such as Jingcheng Heavy Industry, Genie, Sinoboom, and Xinyazhong.

Competitive landscape and key vendors 
In the global AWP trucks market, the manufacturers have to compete for sales on parameters such as after-sale servicing, financing options and rental options to gain maximum market traction during the forecast period. Vendors in this industry focus on providing customized solutions based on individual customer requirements to bolster their revenues.


For more information or any query mail at [email protected]

Key vendors in this industry are -

Other prominent vendors in this market are Aichi, ASPAC, Elliott, Oshkosh, Manitex International, MEC, and XCMG.

Key questions answered in the report include 
-What will the market size and the growth rate be in 2020? 
-What are the key factors driving the aerial work platform truck market? 
-What are the key market trends impacting the growth of the global aerial work platform truck market? 
-What are the challenges to market growth for aerial work platform trucks? 
-Who are the key vendors in the global aerial work platform truck market? 
-What are the market opportunities and threats faced by the vendors in the aerial work platform truck market? 
-Trending factors influencing the market shares of the Americas, APAC, and EMEA. 
-What are the key outcomes of the five forces analysis of the global aerial work platform truck market?


For more information or any query mail at [email protected]


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