Aerial Work Platforms Market - Brics Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights

Mobile work platforms that can be used by workers and technicians etc to physically or manually reach inaccessible areas are known as aerial work platforms (AWPs). These platforms are supported by lifting mechanisms; usually cranes or vehicle-mounted equipment. AWPs are widely used in construction and mining industries, owing to the nature of work, complexity in structural design and elevation. AWPs are also utilized for maintenance and repair activities of high tension power lines, disaster management operations and in defence sectors. Incorporation of safety features, ease of handling, and manoeuvrability are some of the features driving the growth in the AWP market.

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Large-scale construction projects, increasing installation and maintenance activities of street lights, power cables and transformers, up-gradation of fire-fighting stations and related infrastructure, and increasing organization of festivals, concerts and corporate events are driving the need for AWPs across geographies. These platforms can be controlled using various methods such as vertical, lateral, rotational, and ground movement. Movement of these platforms is initiated with the help of compressors or hydraulics. The AWP industry can be divided into rental and privately owned segments. Rental companies account for the largest share of the global AWP market and it predominates the privately owned sector. The main reasonrental sector dominates the privately owned sectoris due to the safety factor, as rental firms not only provide trained personnel to handle the machinery. AWPs are broadly categorized as boom lifts, scissor lifts and mechanical lifts. Boom lifts are further classified into straight and articulated boom lifts.

Some of the underlying drivers of the market are economic growth in developing countries, growing investments in real estate and infrastructure, developing...