Growth in the construction industry is giving rise to Aerial Work Platforms (AWP), providing access to inaccessible areas. AWPs are equipped with various features such as electrical outlets for power tools, also equipped with special equipment to carry glasses, window frames, etc. With the increase in trend of renting AWP, rather than owning. AWP renting companies have started training operators making it a unique selling point. With new standards being introduced in AWP, companies are providing high-quality training to operators to ensure the safety of operations. Hence, companies are also introducing safe and easy-to-use aerial work platforms using advanced technology.
According to the report by Trends market research(TMR), the global Aerial Work Platforms market is anticipated to reach $XX billion market value by the end of 2026. It is also expected to register XX% CAGR during 2018-2025. Meanwhile, stringent labor and safety rules are projected to drive the demand for AWP. Aerial Work Platforms is also witnessing an increasing demand from electrical line maintenance and telecommunication business, hence this will result in the growth of AWP by 2025. In terms of sales revenue, APEJ is expected to increase toXX% CAGR between 2018 and 2025. While North America is projected to gain revenue share of XX% by the end of 2025, registering XX% CAGR.
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Aerial Work Platforms Market segmentation By Product Type: Scissor Lifts (up to 30’, 30’ – 50’, and more than 50’), Boom Lifts (up to 60’, 60’ – 100’, and more than 100’), Other AWPs; By End Use Industries: AWP Rental Service Providers; End Use Industries, Construction, Entertainment, Commercial, Manufacturing, Others (Public Administration, Mining, Agriculture etc.); By Region: North America, Latin America, Western Europe, Eastern Europe, China, Japan, South East Asia & Pacific, Middle East & Africa
New standards to make Aerial Work Platforms more safe and reliable
With the increase in the use of AWP, the American National Standards Institute (ANSI) has introduced new ANSI A92 standards. These standards include changes in design, terminology, training and use. These standards are anticipated to take effect by mid-2018. One of the notable changes in AWP is the addition of load sensing system and active tilt on the aerial equipment. This load sensing system will prevent from moving the platform if it exceeds the given capacity. While active tilt will alert when the platform reaches a slope greater than the acceptable.
While in terms of changes in terminology, Aerial Work Platforms (AWP) will be replaced with new a term known as Mobile Elevated Work Platform (MEWP). New standards also require a risk assessment to be conducted before carrying out the operation, this will help to avoid potential hazards. The new standards also require ensuring that operators are being provided appropriate training. The general administration of training should include curriculum, trainers, documentation, training environment and test. These standards also incorporate ISO concepts that will bring North America aerial lift manufacturers in line with other markets across Australia, Europe and China.
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In order to follow new standards, some AWP manufacturers have started implementing changes. For instance, Genie has developed Genie interactive tool which calculates aerial lift’s current capacity to help understand how new technology will result in productivity and safe use of the equipment. With the new interactive tool, Genie aims to educate end users of new standards that havemadeit mandatory for equipment to include platform load sense technology.
Similarly, JLG Industries has also introduced advanced technologies such as SmartLoad, which ensures proper load chart is being used with attachment, second is the Load Management Indicator System (LMIS), which shows current load on the load chart along with the weight. While Load Stability Indicator (LSI) indicates forward balance and stability.
With new standards, leading market players are introducing new products to ensure safety and better performance. Key Players: Aichi Corporation, Time Benelux, Teupen, Haulotte, Tadano,Terex, JLG industries, Ruthman, Bronto Skylift and Bosch Rexroth
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The latest trending report Global Aerial Work Platforms Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Aerial Work Platforms market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 5533.9 million by 2025, from USD 4858.1 million in 2019.The Aerial Work Platforms market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/27698-aerial-work-platforms-market-analysis-reportThe major players covered in Aerial Work Platforms are: Aichi Corporation Teupen Runshare Altec Inc Terex Bronto Skylift Tadano Ruthmann Time BeneluxBy Type, Aerial Work Platforms market has been segmented into Scissor Lifts (up to 30’, 30’ – 50’, and more than 50’) Boom Lifts (up to 60’, 60’ – 100’, and more than 100’) Other AWPsBy Application, Aerial Work Platforms has been segmented into: AWP Rental Service Providers End Use Industries Construction Entertainment Commercial Manufacturing Others (Public Administration, Mining, Agriculture etc.
)The report offers in-depth assessment of the growth and other aspects of the Aerial Work Platforms market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Aerial Work Platforms Market @ https://www.decisiondatabases.com/contact/download-sample-27698The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Aerial Work Platforms product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Aerial Work Platforms, with price, sales, revenue and global market share of Aerial Work Platforms in 2018 and 2019.Chapter 3, the Aerial Work Platforms competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Aerial Work Platforms breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Aerial Work Platforms market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Aerial Work Platforms sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Aerial Work Platforms Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-27698Other Reports by DecisionDatabases.com:Global Sports Coaching Platforms Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Online Video Platforms Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global IoT Platforms Market 2020 by Company, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Aerial Work Platforms market during the historical period of 2014 – 2018.
The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2029.In Fact.MR’s report it is estimated that the aerial work platforms market will register approximated 1.5X growth in terms of value and grow at a CAGR of ~4.2% during the forecast period 2019-2029.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Aerial Work Platforms market, both at global and regional levels.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Aerial Work Platforms market.After reading the Aerial Work Platforms market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the Aerial Work Platforms marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialRequest for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=4674The Aerial Work Platforms market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
Key regions covered comprise:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The evaluation of the competitive landscape in the Aerial Work Platforms market covers the profile of the following top players:Terex CorporationHaulotte GroupOshkosh CorporationLinamar CorporationTadano LimitedMEC Aerial Work PlatformsPalfinger AGothersTo expand the understanding of opportunities in the global Aerial Work Platforms market report looks at close quarters into the opportunities and new avenues in following key segments:AWP Rental Service ProvidersEnd Use IndustriesConstructionEntertainmentCommercialManufacturingOthers (Public Administration, Mining, Agriculture, etcIn addition to understanding the demand patterns of various end users, the report on the Aerial Work Platforms market also enumerates trends expected to attract investments by other various associated industries.On the basis of product types, the Aerial Work Platforms market report offers insight into major adoption trends for the following segments:Scissor LiftsBoom LiftsOther AWP’s (Aerial Work Platforms)The global Aerial Work Platforms market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.
In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.For More Detailed Information about Methodology @ https://www.factmr.com/connectus/sample?flag=RM_id=4674Some important questions that the Aerial Work Platforms market report tries to answer exhaustively are:Key strategic moves by various players in the Aerial Work Platforms market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.Which strategies will enable top players in the Aerial Work Platforms market to expand their geographic footprints?Which new business models are expected to change the course of growth of key regional markets in near future?Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?Which products segments have in recent years have seen new, lucrative application areas?Blog: https://currentmarketnewsblog.wordpress.com/Media Release: https://www.factmr.com/media-release/1429/global-aerial-work-platforms-market
A new study on the Aerial Work Platforms market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the historical period 2014 – 2018.
The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2019 – 2029.
These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
The global aerial work platforms market was valued at US$ 8.6 Bn in 2019 and is projected to grow at a moderate CAGR of 4.2% during the forecast period.Key stakeholders in the Aerial Work Platforms market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=4674The study also offers scrutiny of the changing government policies amid COVID-19 disruptions.
An aerial work platform (AWP), also known as an aerial device, elevating work platform (EWP), or mobile elevating work platform (MEWP) is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height.
Its major application is to maintain and fix the faults and flaws in complicated structures at different heights.Aerial work platforms, armed with load sense system (LSS), checks the weight of the platform before it leaves the ground and after placing stuffs on it during operation.
If the weight exceeds the loading capacity in either of the cases, the LSS disengages the working of the aerial work platform.
Some AWPs incorporate a load sense recovery feature which enables the workers to land safely through restricted operation, allowing them to unload the material from the bucket until both the alarms go off before resuming the work.Get Sample Copy of Aerial Work Platforms Market Report @ https://dataintelo.com/request-sample/?reportId=86574AWP has now become more of a necessity in every metropolitan city and found an extensive use in certain fields such as engineering, electrification, maintenance and emergency services.
A rapid growth of the construction sector, is acting as a major driver for the Aerial Work Platformsmarket growth.
With the expansion of urbanization an unprecedented growth of AWP market has been witnessed in the field of construction and maintenance services.
