Aerial Work Platform Truck Market Anticipated for Progressive CAGR Growth during 2017-2022

Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market
Anticipated​ ​for​ ​Progressive​ ​CAGR
Growth​ ​during​ ​2017-2022
The Latest research study titled, “​Aerial Work Platform Truck Market ​by Product and
Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market
Research, states that the Aerial Work Platform Truck Market Is Projected To Be Around
$8.20​ ​Billion​ ​By​ ​2022.
The global Aerial Work Platform Truck market was worth USD 1.50 billion in the year 2012
and is expected to reach approximately USD 8.20 billion by 2022, while registering itself
at a compound annual growth rate (CAGR) of 16.50% during the forecast period. An aerial
work platform (AWP), otherwise called an aerial device, is a mechanical gadget used to
give brief access to individuals or hardware to out of reach territories, ordinarily at
stature. They are widely utilized for brief, adaptable access purposes, for example, they
are widely utilized for brief, adaptable access purposes, and for example, support and
development work or by firefighters for access in emergency, which recognizes them from
lasting access gear, for example, lifts. They are intended to lift constrained weights —
normally not as much as a ton, albeit some have a higher safe working load (SWL)
recognizing them from most sorts of cranes. They are typically fit for being set up and
worked by an individual. Aerial work platform truck items for the most part involve boom
lifts, personal portable lifts, scissor lifts and vertical mast lifts. They are extremely useful
in​ ​sectors​ ​like​ ​telecommunication,​ ​transport​ ​&​ ​logistics,​ ​construction​ ​and​ ​government.
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The expanding requirement over the telecommunication sector, especially in China,
Taiwan, Indonesia, India and Brazil is foreseen to help the advancement of the business in
the up and coming years. Expanding repair and maintenance exercises in developed
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countries like North America and Europe may also support the advancement of the aerial
work platform truck market. Expanding investment by the legislature and quick
advancement in the foundation joined with creating private enthusiasm for the real-estate
sector; particularly in Asia Pacific is furthermore evaluated to raise request all through the
accompanying couple of years. The business is poised for advancement because of rising
demand for material handling equipment in manufacturing units and industrial facilities
coupled​ ​with​ ​rising​ ​issues​ ​concerning​ ​security​ ​of​ ​employees.
On the basis of product the global Aerial Work Platform Truck Market is segmented into
Personnel Portable Lifts, Boom Lifts, Scissor Lifts and Vertical Mast Lifts. On the basis of
application the market is segmented into Government, Transport & Logistics,
Telecommunication and Construction. The major players in this market are Teupen USA,
Inc., Bronto Skylift Oy Ab, RUTHMANN GmbH & Co, Aichi Corporation, HUNAN RUNSHARE
HEAVY INDUSTRY CO., Terex and Altec Inc and Tadano Limited. Geographically the
market​ ​is​ ​segmented​ ​into​ ​Asia​ ​Pacific,​ ​North​ ​America,​ ​Europe​ ​and​ ​Rest​ ​of​ ​the​ ​world.
Key​ ​findings​ ​of​ ​the​ ​Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market
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Blast lifts market is balanced for high development throughout the following years
inferable from expanding use of these lifts for dubious design or littler spaces with
constrained access. This can be additionally credited to the few advantages offered
by these lifts, for example, compact design, mobility, standard oscillating axle, and
tight​ ​turning​ ​radius.
Construction applications represented more than 30 percent of the general AWP
truck industry in 2014, and are anticipated to witness high development over the
figure time frame. Developing foundation improvement and private interest in land
are​ ​relied​ ​upon​ ​to​ ​be​ ​key​ ​variables​ ​in​ ​charge​ ​of​ ​development​ ​in​ ​this​ ​segment.
Telecommunication sector is relied upon to display high development, which can be
credited to expanding number of consumers for smartphones especially in Asia.
Smartphone expansion and the related requirement for enhanced telecom
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foundation for enhanced connectivity are relied upon to raise requirement in the
telecommunication​ ​sector.
In 2014 North America captured a considerable share of the aerial work platform
truck market which can be ascribed to extensive advancements in technology.
Likewise, expanding repair and maintenance exercises combined with developing
concerns and standards in regards to employee safety are further driving item
request​ ​in​ ​this​ ​locale.
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Key​ ​Market​ ​Players:
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Teupen​ ​USA​ ​Inc.
Bronto​ ​Skylift​ ​Oy​ ​Ab
RUTHMANN​ ​GmbH​ ​&​ ​Co
Aichi​ ​Corporation
HUNAN​ ​RUNSHARE​ ​HEAVY​ ​INDUSTRY​ ​CO.
Terex​ ​and​ ​Altec​ ​Inc
Tadano​ ​Limited.
Table​ ​of​ ​content:
1. 1.​ ​ ​ ​ ​ ​ ​Introduction
2. 1.1.​ ​ ​ ​ ​ ​ ​Report​ ​Description
3. 1.2.​ ​ ​ ​ ​ ​ ​Research​ ​Methodology
4. 2.​ ​ ​ ​ ​ ​ ​Executive​ ​Summary
5. 3.​ ​ ​ ​ ​ ​ ​Market​ ​Overview
6. 3.1.​ ​ ​ ​ ​ ​ ​Introduction
7. 3.2.​ ​ ​ ​ ​ ​ ​Market​ ​Dynamics
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8. 3.2.1.​ ​Drivers
9. 3.2.1.1.​ ​ ​ ​Rapid​ ​growth​ ​of​ ​infrastructure
10.3.2.2.​ ​Restraints
11.3.2.3.​ ​Opportunities
12.4.​ ​ ​ ​ ​ ​ ​Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market,​ ​By​ ​Product
13.4.1.​ ​ ​ ​ ​ ​ ​Introduction
14.4.2.​ ​ ​ ​ ​ ​ ​Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market​ ​Assessment​ ​and​ ​Forecast,​ ​By​ ​Product,
2012-2022
15.4.3.​ ​ ​ ​ ​ ​ ​Scissor​ ​Lifts
16.4.4.​ ​ ​ ​ ​ ​ ​Boom​ ​Lifts
17.4.5.​ ​ ​ ​ ​ ​ ​Vertical​ ​Mast​ ​Lifts
18.5.​ ​ ​ ​ ​ ​ ​Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market,​ ​By​ ​Application
19.6.​ ​ ​ ​ ​ ​ ​Aerial​ ​Work​ ​Platform​ ​Truck​ ​Market,​ ​By​ ​Region
20.7.​ ​ ​ ​ ​ ​ ​Company​ ​Profiles
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About​ ​Crystal​ ​Market​ ​Research:
Crystal Market Research is a U.S. based market research and business intelligence
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