0

Truck-Mounted Aerial Work Platform (AWP) Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 120
  • SKU: IRTNTR45923
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The truck-mounted aerial work platform (AWP) market share is expected to increase by USD 938.8 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4%.

This truck-mounted aerial work platform (AWP) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers truck-mounted aerial work platform (AWP) market segmentation by end-user (utility sector, construction sector, and others) and geography (Europe, North America, APAC, Middle East and Africa, and South America). The truck-mounted aerial work platform (AWP) market report also offers information on several market vendors, including Altec Inc., CMC Srl, CTE S.p.A., Elliott Equipment Inc., Hidrokon Konya Hidrolik Makine Sanayi and Ticaret AS, Hunan Sinoboom Intelligent Equipment Co. Ltd., Isoli S.p.A., Klubb Srl, Linamar Corp., Manitex International Inc., Moog Inc., Morita Holdings Corp., Oshkosh Corp., PALFINGER AG, Solem SAS, Tadano Ltd., Terex Corp., Toyota Motor Corp., and A Time Manufacturing Co. among others.

What will the Truck-Mounted Aerial Work Platform (AWP) Market Size be During the Forecast Period?

Truck-Mounted Aerial Work Platform (AWP) Market Size

Download Report Sample to Unlock the Truck-Mounted Aerial Work Platform (AWP) Market Size for the Forecast Period and Other Important Statistics

 

Truck-Mounted Aerial Work Platform (AWP) Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased government spending on infrastructure in apac is notably driving the truck-mounted aerial work platform (AWP) market growth, although factors such as uncertain macroeconomic conditions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the truck-mounted aerial work platform (AWP) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Truck-Mounted Aerial Work Platform (AWP) Market Driver

One of the key factors driving growth in the truck-mounted aerial work platform (AWP) market is the increased government spending on infrastructure in APAC. Multiple government infrastructure projects are planned in various APAC countries such as India, China, and Japan during the forecast period. Countries give high importance to infrastructure development because infrastructure spending is directly proportional to economic growth. A country's strong infrastructure encourages multinational companies (MNCs) to make heavy investments and set up their establishments. Apart from the overall development of the whole economy, it also affects the living standards and human development index of a country. It helps in meeting various demands created by the expansion of the population and the increasing spending power of citizens.  Asia has witnessed significant growth in infrastructure spending between 2019 and 2021, and it is expected to grow sharply in 2022. Even after this growth, countries in the region are expected to invest more to match up with European and American countries. Therefore, such factors are expected to drive the demand for truck-mounted AWPs.

Key Truck-Mounted Aerial Work Platform (AWP) Market Trend

The demand for compact truck-mounted AWPs is a truck-mounted aerial work platform (AWP) market trend that is expected to have a positive impact in the coming years. AWPs mounted on electric trucks are gaining attention as it protects the construction area from environmental and noise pollution. It is highly adopted for city maintenance of public lighting and street signs or for indoor work. They offer high performance and are compact. These vehicles are highly valued because of their compact size, and they can be used on the sides of roads and pavements without impeding traffic. They have become a very common type of work vehicle for elevated work that does not take long to complete. Such trends are expected to drive truck-mounted AWP market growth during the forecast period.

Key Truck-Mounted Aerial Work Platform (AWP) Market Challenge

The uncertain macroeconomic conditions will be a major challenge for the truck-mounted aerial work platform (AWP) market during the forecast period. Since the destruction of the supply chain of construction materials, there has been a significant influx of construction materials. The construction industry is highly sensitive to national and regional macroeconomic conditions. The US and Europe have been undergoing a period of moderate to slow growth and unprecedented volatility, which negatively impacts the construction industry.  However, continued uncertainty around prevailing economic conditions will have a negative impact on the industry and will continue to pose a risk as customers may postpone spending in response to tighter credit, declines in income or asset values, and negative financial news. ow, growth of non-residential real estate markets, high labor and healthcare costs, the rising cost of construction materials due to disruptions in the supply chain, and other macroeconomic factors are other factors that could affect the demand for construction.   Such factors are anticipated to reduce investment in truck-mounted AWPs.

This truck-mounted aerial work platform (AWP) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global truck-mounted aerial work platform (AWP) market as a part of the global construction machinery and heavy trucks market within the global capital goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the truck-mounted aerial work platform (AWP) market during the forecast period.

Who are the Major Truck-Mounted Aerial Work Platform (AWP) Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Altec Inc.
  • CMC Srl
  • CTE S.p.A.
  • Elliott Equipment Inc.
  • Hidrokon Konya Hidrolik Makine Sanayi and Ticaret AS
  • Hunan Sinoboom Intelligent Equipment Co. Ltd.
  • Isoli S.p.A.
  • Klubb Srl
  • Linamar Corp.
  • Manitex International Inc.
  • Moog Inc.
  • Morita Holdings Corp.
  • Oshkosh Corp.
  • PALFINGER AG
  • Solem SAS
  • Tadano Ltd.
  • Terex Corp.
  • Toyota Motor Corp.
  • A Time Manufacturing Co.

 

This statistical study of the truck-mounted aerial work platform (AWP) market encompasses successful business strategies deployed by the key vendors. The truck-mounted aerial work platform (AWP) market is fragmented and the vendors are deploying growth strategies such as investing a significant share of their capital in product R&D and focusing on adopting organic growth strategies such as product launches to compete in the market.

Product Insights and News

  • elliottequip.com - The company offers truck-mounted aerial work platforms such as B Lift 17 and B Lift 17E.

  • elliottequip.com - Under the unified segment, the company offers Hireach aerial platforms, e-line utility transmission aerial, boom truck cranes, digger derricks, specialty mining, and marine, dockmaster marine, hose handling cranes, and mine reach mining scaling solutions.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The truck-mounted aerial work platform (AWP) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Truck-Mounted Aerial Work Platform (AWP) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the truck-mounted aerial work platform (AWP) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Truck-Mounted Aerial Work Platform (AWP) Market?

Truck-Mounted Aerial Work Platform (AWP) Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

41% of the market’s growth will originate from Europe during the forecast period. UK and Germany are the key markets for truck-mounted aerial work platforms (AWP) in Europe. Market growth in this region will be slower than the growth of the South American, APAC, and MEA regions.

The increasing growth in construction projects in the region and the growing government spending on moving toward renewable power sources for energy consumption will facilitate the truck-mounted aerial work platform (AWP) market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 severely impacted market growth. Many European countries witnessed an increase in the number of deaths from COVID-19. The lockdowns imposed by the governments during the first and second quarters of 2020 resulted in the disruption of supply chains and procurement activities. However, ease in lockdown restriction and COVID-19 vaccination drives improved construction activities in the region in 2021.

What are the Revenue-generating End-user Segments in the Truck-Mounted Aerial Work Platform (AWP) Market?

Truck-Mounted Aerial Work Platform (AWP) Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The truck-mounted aerial work platform (AWP) market share growth in the utility sector segment will be significant during the forecast period. The power industry also requires truck-mounted AWPs for maintenance purposes, which are the essential but lesser-known aspect of operations at power generation sites around the world. Increased demand for energy is supporting the growth in the power construction segment, leading to the need for truck-mounted AWPs. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the truck-mounted aerial work platform (AWP) market size and actionable market insights on post COVID-19 impact on each segment.

 

Truck-Mounted Aerial Work Platform (AWP) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2022-2026

$ 938.8 million

Market structure

Fragmented

YoY growth (%)

3.29

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 41%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Altec Inc., CMC Srl, CTE S.p.A., Elliott Equipment Inc., Hidrokon Konya Hidrolik Makine Sanayi and Ticaret AS, Hunan Sinoboom Intelligent Equipment Co. Ltd., Isoli S.p.A., Klubb Srl, Linamar Corp., Manitex International Inc., Moog Inc., Morita Holdings Corp., Oshkosh Corp., PALFINGER AG, Solem SAS, Tadano Ltd., Terex Corp., Toyota Motor Corp., and A Time Manufacturing Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Truck-Mounted Aerial Work Platform (AWP) Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive truck-mounted aerial work platform (AWP) market growth during the next five years
  • Precise estimation of the truck-mounted aerial work platform (AWP) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the truck-mounted aerial work platform (AWP) industry across Europe, North America, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of truck-mounted aerial work platform (AWP) market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Utility sector - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Utility sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Utility sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Utility sector - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Utility sector - Year-over-year growth 2021-2026 (%)
    • 5.4 Construction sector - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Construction sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Construction sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Construction sector - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Construction sector - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 UK - Market size and forecast 2021-2026
      • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Altec Inc.
              • Exhibit 93: Altec Inc. - Overview
              • Exhibit 94: Altec Inc. - Product / Service
              • Exhibit 95: Altec Inc. - Key offerings
            • 10.4 CTE S.p.A.
              • Exhibit 96: CTE S.p.A. - Overview
              • Exhibit 97: CTE S.p.A. - Product / Service
              • Exhibit 98: CTE S.p.A. - Key offerings
            • 10.5 Elliott Equipment Inc.
              • Exhibit 99: Elliott Equipment Inc. - Overview
              • Exhibit 100: Elliott Equipment Inc. - Product / Service
              • Exhibit 101: Elliott Equipment Inc. - Key offerings
            • 10.6 Hunan Sinoboom Intelligent Equipment Co. Ltd.
              • Exhibit 102: Hunan Sinoboom Intelligent Equipment Co. Ltd. - Overview
              • Exhibit 103: Hunan Sinoboom Intelligent Equipment Co. Ltd. - Product / Service
              • Exhibit 104: Hunan Sinoboom Intelligent Equipment Co. Ltd. - Key offerings
            • 10.7 Linamar Corp.
              • Exhibit 105: Linamar Corp. - Overview
              • Exhibit 106: Linamar Corp. - Business segments
              • Exhibit 107: Linamar Corp. - Key offerings
              • Exhibit 108: Linamar Corp. - Segment focus
            • 10.8 Manitex International Inc.
              • Exhibit 109: Manitex International Inc. - Overview
              • Exhibit 110: Manitex International Inc. - Product / Service
              • Exhibit 111: Manitex International Inc. - Key offerings
            • 10.9 Oshkosh Corp.
              • Exhibit 112: Oshkosh Corp. - Overview
              • Exhibit 113: Oshkosh Corp. - Business segments
              • Exhibit 114: Oshkosh Corp. - Key offerings
              • Exhibit 115: Oshkosh Corp. - Segment focus
            • 10.10 Solem SAS
              • Exhibit 116: Solem SAS - Overview
              • Exhibit 117: Solem SAS - Product / Service
              • Exhibit 118: Solem SAS - Key offerings
            • 10.11 Tadano Ltd.
              • Exhibit 119: Tadano Ltd. - Overview
              • Exhibit 120: Tadano Ltd. - Business segments
              • Exhibit 121: Tadano Ltd. - Key offerings
              • Exhibit 122: Tadano Ltd. - Segment focus
            • 10.12 Terex Corp.
              • Exhibit 123: Terex Corp. - Overview
              • Exhibit 124: Terex Corp. - Business segments
              • Exhibit 125: Terex Corp. - Key offerings
              • Exhibit 126: Terex Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Truck-Mounted Aerial Work Platform (AWP) market growth will increase by $938.8 million during 2022-2026.
              The truck-mounted aerial work platform (awp) market is expected to grow at a CAGR of 4% during 2022-2026.
              Technavio has segmented the truck-mounted aerial work platform (awp) market by end-user (Utility sector, Construction sector, and Others) and geographic (Europe, North America, APAC, Middle East and Africa, and South America).
              Altec Inc., CMC Srl, CTE S.p.A., Elliott Equipment Inc., Hidrokon Konya Hidrolik Makine Sanayi and Ticaret AS, Hunan Sinoboom Intelligent Equipment Co. Ltd., Isoli S.p.A., Klubb Srl, Linamar Corp., Manitex International Inc., Moog Inc., Morita Holdings Corp., Oshkosh Corp., PALFINGER AG, Solem SAS, Tadano Ltd., Terex Corp., Toyota Motor Corp., A Time Manufacturing Co. are a few of the key vendors in the truck-mounted aerial work platform (awp) market.
              Europe will register the highest growth rate of 41.18% among the other regions. Therefore, the truck-mounted aerial work platform (awp) market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the truck-mounted aerial work platform (awp) market growth are:
              • Increased government spending on infrastructure in APAC
              • Demand for compact truck-mounted AWPs
              The truck-mounted aerial work platform (awp) market vendors should focus on grabbing business opportunities from the utility sector segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single User:

                Quick and easy buy and download option

              • Enterprise:

                Flexible option - Complimentary customization included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>