The aerial work platform market is anticipated to showcase considerable CAGR of 6.4% during the forecast period. The growing construction and real-estate industry along with the rising application of aerial lifts in transportation verticals is a major factor driving demand for aerial work platform market across India. The construction industry is highly susceptible to work-related injuries and is associated with height and structural design complications. The use of these machines has been growing significantly for maintenance and repairs of disaster management, high tension power lines, and military sectors. Besides, event management is anticipated to emerge as a lucrative application sector for the aerial work platform industry. Moreover, ease of maneuverability and inclusion of security features are a few of the key facets anticipated to drive demand during the forecast period.
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The aerial work platform market is segmented on the basis of product type, drive type, and application. Based on the product type, the aerial work platform market is segmented into boom lift, scissor lift, vertical mass lift, and personal portable lift. Based on drive type the market is segmented into hydraulic, electric, and pneumatic. Hydraulic lifts require low maintenance, and are low cost lifts therefore, hydraulic lift segment is anticipated to hold major market share based on drive type. Based on application, the market is segmented into construction & building maintenance, manufacturing & retail, automotive, warehousing, transport, logistics, and others.
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India Aerial Work Platform Market Report Segment
By Product Type
- Boom Lift
- Scissor Lift
- Vertical Mass Lifts
- Personal Portable Lifts
By Drive Type
- Hydraulic
- Electrical
- Pneumatic
By Application
- Construction & Building Maintenance
- Manufacturing & Retail
- Automotive
- Warehousing
- Transport
- Logistics
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
