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

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
●
●
●
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
2​ ​|​ ​Page