Aerial Work Platforms Market to Register Stellar Compound Annual Growth Rate Through 2025


Posted July 11, 2019 by Trends

As per a recent report launches by TRENDS MARKET RESEARCH the Aerial Work Platforms Market is set to surface a valuation of US$ xx MN by 2025.
 
6″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.

Report For Sample with Table of Contents@ https://www.trendsmarketresearch.com/report/sample/3409

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.

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.

Request Report For Toc: https://www.trendsmarketresearch.com/report/requesttoc/3409

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.

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”

Report Analysis@ https://www.trendsmarketresearch.com/report/aerial-work-platforms-market

View more : Industrial Automation Report Insights

About Us:

Trends Market Research is one of the leading digital services provider and a result-oriented company based in U.K.. We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals . We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.

Contact Us:

One Vincent Square
Westminster, London SW1P 2PN
United Kingdom
Email: [email protected]
Website: https://www.trendsmarketresearch.com
Follow me on: https://marketsizeinfonews.blogspot.com/
LinkedIn: https://www.linkedin.com/company/trends-market-research
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By ethan
Phone 1618508625
Business Address One Vincent Square, Westminster, London SW1P 2PN, UK
Phone: +44-161-850-8625
Country United Kingdom
Categories Business
Tags aerial work platforms market , trends market research
Last Updated July 11, 2019