Aerial Work Platform (Awp) Truck Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2022

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Aerial Work Platform (AWP) Truck Market Analysis,

Market Size, Share, Regional Outlook, Industry Trends,

Competitive Strategies And Segment Forecast, 2012 To 2022

Industry Overview

Global Aerial Work Platform (AWP) truck market size is expected to attain USD 8000.0 million in 2022,

growing at a CAGR of over 18% from 2015 to 2022. Rising infrastructure developments owing to

increasing real estate investments is anticipated to drive AWP truck market growth. Rising construction

activities owing to increasing investments from private and government sector in huge infrastructure

plans is likely to propel demand.

Increasing demand in telecommunication industry owing to increasing smartphone users is anticipated

to fuel the global demand. Increasing maintenance activities in numerous developed regions namely

North America and Europe is anticipated to boost the industry. In addition, escalating worker safety

concerns accompanied by increasing demand for material handling equipment in factories as well as in

manufacturing units is expected to surge the industry growth.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Growing use of in disaster management operations, repairs of high tension power lines and applications

in defence industry is expected to be the key factor driving the aerial work platform truck market

demand. Organizing events and occasions such as music concerts, business events and increasing

festival organization are expected to prominently impact the industry.

Lack of authorized trained personnel among workforce is expected to hamper aerial work platform truck

market growth. However; annual maintenance and preventive maintenance contracts are expected to

serve as potential avenues for huge profit opportunities in the industry. In...