The global Aerial Work Platform Market size was valued USD 11.88 billion in 2022 and is expected to reach a value of USD 23.75 billion in 2032 and register a revenue CAGR of 8% during the forecast period. rapid urbanization and rising demand for secure and efficient material handling in the building, manufacturing, and maintenance industries are two major drivers of market revenue growth. the market for Aerial Work Platforms is mostly driven by the expansion of the construction sector, particularly in developing nations. Aerial Work Platforms are in greater demand as a result of growing urbanization and infrastructure development in developing nations.
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Major Companies:
- Manitou Group
- JLG Industries, Inc.
- Haulotte Group
- Terex Corporation
- Tadano Ltd.
- Zoomlion Heavy Industry Science and Technology Co., Ltd.
- Palfinger AG
- Altec Industries Inc.
- Socage Srl
- Ruthmann GmbH Co. KG
- Mateco GmbH
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Aerial Work Platform Market Segmentation:
By Product Type Outlook:
- Telescopic Boom Lifts
- Articulating Boom Lifts
- Vertical Mast Lifts
- Others
By End-use Outlook:
- Construction
- Mining
- Transportation Logistics
- Telecommunication
- Others
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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