Asia-Pacific Aerial Work Platform Market is anticipated to exhibit a CAGR of 6.2% during the forecast period (2021-2027). Growing end-user industries of aerial work platforms are creating demand for aerial lifts for different applications which in turn is driving its market growth. Moreover, the strict implementation of stringent worker safety regulations is further expected to stimulate the product demand during the forecast period. Looking towards the rising demand for aerial work platforms, several players are launching new aerial lifts in the market to meet the emerging requirement of their customers.
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For instance, in March 2020, JLG Industries, Inc., launched its first all-electric Davinci scissor lift: the AE1932, and showcased at CONEXPO 2020, in Las Vegas, Nevada. The platform height is 19-foot with a width of 32-inch with a capacity of 600lbs both indoors and outdoors. In February 2020, MEC Aerial Work Platforms the patent-pending Xtra Deck scissor lifts. The new Micro13-XD and Micro19-XD micro slab scissor lifts feature a pull-down Xtra Deck, providing an additional 20’ height compact platform with telescopic guardrails.
Market Coverage
- Market number available for – 2020-2027-
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product Type
- By Drive Type
- By Application
- Competitive Landscape- Titan Worldwide, Inc., Toyota Industries, Corp., Youngman Pvt., Ltd., Custom Equipment, LLC, and Bishamon Industries, Corp.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in base year?
- Which segment will project fastest growth in the market?
- How COVID-19 impacted the market?
Ø Deviation from pre-COVID forecast
Ø Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific 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.)
