Aerial Work Platform (Awp) Truck Market Report 2026

The aerial work platform (awp) truck market size has grown strongly in recent years. It will grow from $12.71 billion in 2025 to $13.81 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to urban infrastructure expansion, construction activity growth, adoption of diesel awps, demand for elevated access, workplace safety regulations.

The aerial work platform (awp) truck market size is expected to see strong growth in the next few years. It will grow to $19.06 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to electrification of access equipment, smart construction sites, demand for low-emission machines, rental fleet expansion, advanced safety compliance. Major trends in the forecast period include growth in rental-based awp usage, rising demand for electric awps, expansion of infrastructure maintenance activities, focus on operator safety systems, adoption of telematics in platforms.

The increasing demand for construction activities is expected to propel the growth of the aerial work platform (AWP) truck market going forward. Construction activities refer to the organized processes of planning, designing, and executing building or infrastructure projects. Increasing construction activities are fueled by rising infrastructure investments to support economic growth and modernize urban and rural areas. Aerial work platform (AWP) trucks help in construction activities by providing safe and elevated access to hard-to-reach areas for tasks such as installation, maintenance, painting, and inspections at height. For instance, in August 2024, according to Sunshine Coast Council, an Australia-based local government that provides information about its services, initiatives, and community engagement, the value of construction building approvals reached a record high of $2.3 billion for the region, increasing by $100 million compared to 2022-23. Therefore, the increasing demand for construction activities is driving the growth of the aerial work platform (AWP) truck market.

Major companies operating in the aerial work platform (AWP) truck market are focusing on developing innovative solutions, such as ultra-high-reach straight-boom AWPs, to enhance safety, efficiency, and access at extreme heights. Ultra-high-reach straight-boom AWPs are aerial work platforms with a straight, extendable boom that allows workers and equipment to safely access exceptionally tall or hard-to-reach areas with stability and precision. For instance, in December 2024, Zoomlion Heavy Industry Science & Technology Co. Ltd., a China-based heavy-equipment manufacturing company, released the ZT82J, billed as the world’s tallest straight-boom aerial work platform with an 82.3 m working height. The ZT82J offers a platform amplitude of 34.1 m, a maximum working load of 454 kg, and a climbing capacity of 35%; it uses ultra-long boom composite movement and double-cylinder synergistic control to boost stability and ride quality at extreme heights and incorporates 21 safety protection measures for operator and site safety; the launch also included the ZT51JEH (a 50.6 m electric/diesel hybrid straight boom with >7 days endurance when charged/refueled) and the ZA42J crank boom (44.03 m working height) to address varied jobsite requirements; applications span high-rise façade work, wind-turbine maintenance, power-line servicing, and large-scale industrial installations where extended reach, high payload and stringent safety standards are required; benefits include access to previously unreachable work zones, higher productivity per lift, reduced need for temporary scaffolding, and improved operator safety and confidence.

In January 2023, JLG Industries Inc., a US-based manufacturing company, acquired Hinowa S.p.A. for an undisclosed amount. With this acquisition, JLG Industries, Inc., aims to expand its product portfolio and global presence by strengthening its capabilities in specialty aerial work platforms and niche industries such as agriculture and landscape management. Hinowa S.p.A. is an Italy-based manufacturing company that manufactures aerial work platforms.

Major companies operating in the aerial work platform (awp) truck market report include Altec Industries Inc., Ruthmann GmbH & Co. KG, Bronto Skylift Oy Ab, Aichi Corporation, Tadano Ltd., Palfinger AG, Versalift (Time Manufacturing Company), Elliott Equipment Company, Dur-A-Lift Inc., Aspen Aerials Inc., SOCAGE S.r.l., Multitel Pagliero S.p.A., Oil & Steel S.p.A., CTE S.p.A., Cela Srl, Isoli S.p.A., GSR S.p.A., KLUBB Group, France Élévateur, Manitou Group, Terex Corporation, JLG Industries Inc., Genie Industries Inc., Zoomlion Heavy Industry Science and Technology Co. Ltd., Hunan Sinoboom Heavy Industry Co. Ltd.

North America was the largest region in the aerial work platform (AWP) truck market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerial work platform (awp) truck market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerial work platform (awp) truck market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerial work platform (AWP) truck market consists of sales of truck-mounted scissor lifts, insulated aerial lifts, and bucket trucks. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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