The aerial work platforms market size is poised to grow by $ 35.9 billion by 2032 from $ 18.2 Billion in 2022, exhibiting a CAGR of 7.02% during the forecast period 2023-2032.
Key Takeaway
- By product, boom lifts segment has captured 32% of the market revenue share in 2022.
- By application, the construction segment has generated revenue share of around 57% in 2022.
- North America has accounted largest revenue share of around 39% in 2022.
- Europe has accounted largest revenue share of around 31% in 2022.
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
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COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major companies operating in this area
- CTE
- Aichi Corporation
- Haulotte Group
- Dinolift OY
- Hunan Runshare Heavy Industry Company, Ltd.
- Zhejiang Dingli Machinery Co, Ltd.
- Holland Lift International bv
- JLG Industries
- Hunan Sinoboom Heavy Industry Co. Ltd.
- Niftylift Limited
- Manitou Group
- Snorkel
- Skyjack
- Tadano Limited
- SocageSrl
- Teupen
- Genie
Market Segmentation
By Type
- Engine Powered
- Electric
- ICE
- Air
By Product
- Scissor Lifts
- Boom Lifts
- Personal Portable Lifts
- Vertical Mass Lifts
By Lifting Height
- Less than 20 ft
- 21-50 ft
- More than 51 ft
By Platform Height
- Above 25 Meters
- 20 to 25 Meters
- 10 to 20 Meters
- Below 10 Meters
By Application
- Construction & Mining
- Rental
- Transportation & Logistics
- Government
- Utility
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Major highlights of Report:
- Figures related to sales volume, market remuneration, and segmental shares
- Featuring market dynamics
- Growth prospects and expansion graph
- PROCON study of direct & indirect sales channels
- Profiles of prominent traders, dealer, and distributors in the industry
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Industry forecasts based on region and at country level
- Data about sales volume recorded, industry share held, and profit margins amassed
- Overall remuneration and estimated growth rate for each regional market
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aerial Work Platforms Market
5.1. COVID-19 Landscape: Aerial Work Platforms Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aerial Work Platforms Market, By Type
8.1. Aerial Work Platforms Market, by Type, 2023-2032
8.1.1. Engine Powered
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Electric
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. ICE
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Air
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Aerial Work Platforms Market, By Product
9.1. Aerial Work Platforms Market, by Product, 2023-2032
9.1.1. Scissor Lifts
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Boom Lifts
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Personal Portable Lifts
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Vertical Mass Lifts
9.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Aerial Work Platforms Market, By Lifting Height
10.1. Aerial Work Platforms Market, by Lifting Height, 2023-2032
10.1.1. Less than 20 ft
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. 21-50 ft
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. More than 51 ft
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Aerial Work Platforms Market, By Platform Height
11.1. Aerial Work Platforms Market, by Platform Height, 2023-2032
11.1.1. Above 25 Meters
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. 20 to 25 Meters
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. 10 to 20 Meters
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Below 10 Meters
11.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Aerial Work Platforms Market, By Application
12.1. Aerial Work Platforms Market, by Application, 2023-2032
12.1.1. Construction & Mining
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Rental
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Transportation & Logistics
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Government
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Utility
12.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Aerial Work Platforms Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.2. Market Revenue and Forecast, by Product (2020-2032)
13.1.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.1.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.1.5. Market Revenue and Forecast, by Application (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Product (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.1.6.5. Market Revenue and Forecast, by Application (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Product (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.1.7.5. Market Revenue and Forecast, by Application (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.2. Market Revenue and Forecast, by Product (2020-2032)
13.2.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.2.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.2.5. Market Revenue and Forecast, by Application (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Product (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.2.7. Market Revenue and Forecast, by Platform Height (2020-2032)
13.2.8. Market Revenue and Forecast, by Application (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Product (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.2.10. Market Revenue and Forecast, by Platform Height (2020-2032)
13.2.11. Market Revenue and Forecast, by Application (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Product (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.2.13. Market Revenue and Forecast, by Application (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Product (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.2.15. Market Revenue and Forecast, by Application (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.2. Market Revenue and Forecast, by Product (2020-2032)
13.3.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.3.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.3.5. Market Revenue and Forecast, by Application (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Product (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.3.7. Market Revenue and Forecast, by Application (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Product (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.3.9. Market Revenue and Forecast, by Application (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Product (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.3.10.5. Market Revenue and Forecast, by Application (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Product (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.3.11.5. Market Revenue and Forecast, by Application (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.2. Market Revenue and Forecast, by Product (2020-2032)
13.4.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.4.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.4.5. Market Revenue and Forecast, by Application (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Product (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.4.7. Market Revenue and Forecast, by Application (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Product (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.4.9. Market Revenue and Forecast, by Application (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Product (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.4.10.5. Market Revenue and Forecast, by Application (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Product (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.4.11.5. Market Revenue and Forecast, by Application (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.2. Market Revenue and Forecast, by Product (2020-2032)
13.5.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.5.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.5.5. Market Revenue and Forecast, by Application (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Product (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.5.7. Market Revenue and Forecast, by Application (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Product (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Lifting Height (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Platform Height (2020-2032)
13.5.8.5. Market Revenue and Forecast, by Application (2020-2032)
Chapter 14. Company Profiles
14.1. CTE
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Aichi Corporation
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Haulotte Group
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Dinolift OY
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Hunan Runshare Heavy Industry Company, Ltd.
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Zhejiang Dingli Machinery Co, Ltd.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Holland Lift International bv
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. JLG Industries
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Hunan Sinoboom Heavy Industry Co. Ltd.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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