Global Truck-mounted Aerial Work Platform (AWP) Market 2017-2021 - Product Image

Global Truck-mounted Aerial Work Platform (AWP) Market 2017-2021

  • ID: 4372285
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • Aichi
  • CMC
  • FRANCE ELÉVATEUR
  • ISOLI
  • Manotti
  • Niftylift
  • MORE
About Truck Mounted Aerial Work Platform (AWP)

An aerial work platform (AWP) is also commonly known as a man lift or lift. AWP refers to any machine that is used by people or equipment as access in hard-to-reach areas, which are too high to reach safely using other methods. There are several kinds of AWP like cherry pickers, scissor lifts, articulating lifts, and boom lifts.

A truck-mounted or vehicle-mounted aerial work platform is a type of AWP, which is mounted on a vehicle for easy transport. These AWPs are generally referred to as cherry-pickers, or mobile elevating work platforms (MEWPs). This configuration offers added support and stability on the work platform. These machines are equipped with outriggers to provide more stability during operations. They are used mostly in the utility industry.

The analysts forecast the global truck mounted aerial work platform (AWP)market to grow at a CAGR of 6.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global truck mounted aerial work platform (AWP) market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Truck Mounted Aerial Work Platform (AWP) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • CTE
  • MORITA HOLDINGS CORPORATION
  • Versa Lift
  • PALFINGER
  • Terex
Other prominent vendors
  • Aichi
  • Altec Industries
  • Cela
  • CMC
  • Elliott Equipment Company
  • FRANCE ELÉVATEUR
  • GSR
  • HIDROKON
  • ISOLI
  • KLUBB
  • Manitex International
  • Manotti
  • MOOG
  • Multitel Pagliero
  • Niftylift
  • RUTHMANN
  • SOCAGE
Market drivers
  • Growing popularity of rentals
  • For a full, detailed list, view the full report
Market challenges
  • Challenges in adopting new safety standards
  • For a full, detailed list, view the full report
Market trends
  • Demand for compact truck-mounted AWPs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aichi
  • CMC
  • FRANCE ELÉVATEUR
  • ISOLI
  • Manotti
  • Niftylift
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Global truck-mounted AWP market by end-user
  • Global truck-mounted AWP market in utility sector
  • Global truck-mounted AWP market in construction sector
  • Global truck-mounted AWP market in other sectors
PART 07: Geographical segmentation
  • Global truck-mounted AWP market segmentation by geography
  • Truck-mounted AWP market in EMEA
  • Truck-mounted AWP market in Americas
  • Truck-mounted AWP market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Trend toward very high booms (>100 ft.)
  • Increased focus on worker safety
  • Demand for compact truck-mounted AWPs
  • Increased adoption of technology
  • Growing popularity of equipment with dual mode of operation
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • CTE
  • MORITA HOLDINGS CORPORATION
  • Versa Lift
  • PALFINGER
  • Terex
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Applications of truck-mounted AWPs
Exhibit 02: Regional growth matrix for global truck-mounted AWP market 2016-2021
Exhibit 03: Values represented in the regional growth matrix
Exhibit 04: Global truck-mounted AWP market segmentation.
Exhibit 05: Global truck-mounted AWP market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global truck-mounted AWP market by end-user 2016
Exhibit 08: Global truck-mounted AWP market in utility sector 2016-2021 ($ millions)
Exhibit 09: Global truck-mounted AWP market in construction sector 2016-2021 ($ millions)
Exhibit 10: Global truck-mounted AWP market in other sectors 2016-2021 ($ millions)
Exhibit 11: Global truck-mounted AWP market by geography in 2016 (%)
Exhibit 12: Global truck-mounted AWP market share by geography 2016-2021 (%)
Exhibit 13: Truck-mounted AWP market in EMEA 2016-2021 ($ millions)
Exhibit 14: Truck-mounted AWP market in Americas 2016-2021 ($ millions)
Exhibit 15: Truck-mounted AWP market in APAC 2016-2021 ($ millions)
Exhibit 16: Impact of drivers
Exhibit 17: Impact of challenges
Exhibit 18: Benefits of lightweight and compact truck-mounted AWPs
Exhibit 19: Major factors of vendors to overcome competition
Exhibit 20: Other prominent vendors
Exhibit 21: CTE: Truck-mounted AWPs product portfolio
Exhibit 22: CTE: Recent developments
Exhibit 23: Morita Holdings: Key product offerings
Exhibit 24: Morita Holdings: Recent developments
Exhibit 25: Versalift truck-mounted AWP product range
Exhibit 26: Versa Lift: Recent developments
Exhibit 27: PALFINGER: Key product offerings
Exhibit 28: PALFINGER: Recent developments
Exhibit 29: Terex: Product range
Exhibit 30: Terex: Truck-mounted AWPs product and service range
Exhibit 31: Terex: Recent developments
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FEATURED COMPANIES

  • Aichi
  • CMC
  • FRANCE ELÉVATEUR
  • ISOLI
  • Manotti
  • Niftylift
  • MORE
New Report Released: - Global Truck Mounted Aerial Work Platform (AWP) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global truck mounted aerial work platform (AWP) market: CTE, MORITA HOLDINGS CORPORATION, Versa Lift, PALFINGER, and Terex

Other Prominent Vendors in the market are: Aichi, Altec Industries, Cela, CMC, Elliott Equipment Company, FRANCE ELÉVATEUR, GSR, HIDROKON, ISOLI, KLUBB, Manitex International, Manotti, MOOG, Multitel Pagliero, Niftylift, RUTHMANN, and SOCAGE.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Demand for compact truck-mounted AWPs. Putting further reach into a smaller package is another significant trend in the industry. Increased demand for good reach on a small chassis is driving the market. Customers of truck-mounted AWPs are demanding the reduction of the overall gross weight of the vehicle to increase payload and enhance fuel efficiency.”

According to the report, one of the major drivers for this market is Growing popularity of rentals. The increasing use of rental equipment will lead to a rise in the sales of truck-mounted AWPs to rental organizations as they like to keep their fleets up-to-date with the latest models. This will drive the volume growth of the equipment. The AWP equipment industry is capital-intensive. Funds are required for the acquisition and maintenance of equipment fleets, secure storage facilities, and for equipment operations. Factors such as cash inflows from businesses, equipment utilization, and dollar and time utilization, and higher prices have contributed to the growth of the rental market.

Further, the report states that one of the major factors hindering the growth of this market is Challenges in adopting new safety standards. Truck-mounted AWP manufacturers must deal with emission regulations for trucks and all the related issues of weight limits. In a continually changing and challenging market, new Euro V and Euro VI emission regulations have increased the weight of some truck elements like exhaust systems, therefore pushing manufacturers to redesign their machines to achieve 7,716-lb. vehicle conditions. These design changes will have an adverse impact on the cost of the machine and make them less competitive against competitor products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • CTE
  • MORITA HOLDINGS CORPORATION
  • Versa Lift
  • PALFINGER
  • Terex
  • Aichi
  • Altec Industries
  • Cela
  • CMC
  • Elliott Equipment Company
  • FRANCE ELÉVATEUR
  • GSR
  • HIDROKON
  • ISOLI
  • KLUBB
  • Manitex International
  • Manotti
  • MOOG
  • Multitel Pagliero
  • Niftylift
  • RUTHMANN
  • SOCAGE
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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