Scienza e Tecnologia
Aerial Work Platform Market Size Worth $16.76 Billion By 2027 | CAGR: 6.0%: Grand View Research, Inc.
https://www.grandviewresearch.com/industry-analysis/aerial-work-platform-market
Implementation of stringent worker safety regulations worldwide, rising adoption of advanced lifting technologies, and a growing number of rental AWP companies in China in the last three years, coupled with a rise in construction spending in the ASEAN region, are expected to create opportunities for AWP manufacturers over the next seven years.
Aerial work platforms are highly used in the maintenance and construction of mining infrastructure, including processing facilities, overhead conveyors, and other facilities in and around the mine site. Robust demand for new infrastructure investment in the metals and mining sector is expected to create opportunities for AWP manufacturers over the forecast period.
According to Eurostat, EU construction output growth is anticipated to see a contraction of 11.5% in 2020, followed by a rebound of 6% in 2021, on account of the ongoing coronavirus pandemic. In addition, no increase in spending on commercial facilities, along with reduced government spending and economic uncertainty, is expected to restrict market growth over the forecast period.
List of Key Players of Aerial Work Platform Market
Advanced Interior Materials Industry
Grand View Compass
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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