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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Aerial Work Platform or elevating work platform is a device that is used to provide temporary access for operators or equipment to unreachable areas. Aerial Work Platform (AWP) truck is designed to lift limited weight usually less than a ton and capable of being set up and operated by a single person. AWP trucks are used for various purposes such as maintenance and construction work or by firefighters for emergency access, which differentiates them from permanent access equipment (PAE) such as elevators and cranes. AWP trucks are used in construction, transportation, and other infrastructure and many government projects. They are safe and convenient device which make them useful for construction and maintenance operations.  These factors are expected to drive market growth during the forecast period.

The global aerial work platform (AWP) truck market is expected to witness significant growth during the forecast period (2020–2027) due to increasing investment in construction and infrastructure projects in Asia Pacific. Investments from government and private sectors are driving the market growth. The Indian government is investing in public transport infrastructure such as airports, railway stations, metro stations, and others. According to the India Brand Equity Foundation (IBEF), in Union Budget 2020-2021, the government allocated US$ 24.27 billion for the development of transport infrastructure. An aerial work platform (AWP) truck is deployed at construction sites to safely and efficiently lift workers and material that is usually at a height. Moreover, the entry of local and well-established construction equipment manufacturers such as SANY Group and XCMG Group, and Zoomlion Heavy Industry Science & Technology Co., Ltd. in China is expected to drive the market growth during the forecast period. For instance, in October 2018, Zoomlion Heavy Industry Science&Technology Co., Ltd. launched eight aerial work platforms to ensure safety of users. Leading players operating in this region are investing in research and development of products to enhance worker safety and lifting capabilities. Local players are focusing on providing product quality and innovations to expand their customer base.

The major factor restraining the growth of the global aerial work platform (AWP) truck market is high maintenance costs. Aerial work platform (AWP) is used in logistics, transportation, and has other applications which require high maintenance costs.  Thus it becomes difficult for companies to invest in aerial work platform (AWP) trucks due to high capital spending.

Aerial Work Platform (AWP) Truck Market - Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 pandemic is expected to slow down the growth of the market during the forecast period. Several industries have experienced a shift in their businesses due to the pandemic. Several governments across the globe have imposed lockdowns to contain the spread of the coronavirus which has impacted growth of the oil industry. Many oil production companies have suspended their operations temporarily. Countries are facing huge challenges as price of oil has fallen in international market and countries across the globe have reduced the import of crude oil. Aerial work platform (AWP) trucks are used in the oil industry to replace ladder and scaffolding to enhance safety in the workplace. The growth of the global oil industry has been hampered due to pandemic and has also hampered demand for aerial work platform (AWP) trucks. Moreover, unavailability of labor and issues in the transportation of goods have restricted demand for aerial work platform trucks in construction industry. For instance, in March 2020, 140 million migrant people migrated to their native towns from cities in India.

North America is expected to hold dominant position in the global aerial work platform (AWP) truck market during the forecast period.

Statistics:

North America held dominant position in the global aerial work platform (AWP) truck market in 2019, accounting for 33.2% share in terms of value, followed by Asia Pacific and Europe.

Figure 1: Global Aerial Work Platform (AWP) Truck Market Share (%), By Region, 2019

Aerial Work Platform (AWP) Truck  | Coherent Market Insights

North America is expected to account for the largest market share during the forecast period owing to presence of key players in the region such as Linamar Corporation, Manitex International, JLG Industries, Inc., Altec Industries and others. For instance, JLG Industries, Inc., a U.S. based manufacturer of lift equipment, launched new-generation of rough-terrain (RT) and electric rough-terrain (ERT) scissor lifts. The scissor lifts are used to ensure comfortable operation and transportation of tools and material to the work area. The scissor lifts are used in warehouse construction to bring necessary utilities to the height.

Asia Pacific is expected to exhibit highest growth during the forecast period owing to the growing construction sector and investments in domestic and commercial sectors. Countries such as China and India invested huge amount on road construction and infrastructure. For instance, according to the IBEF, the investment on highway constructions increased to US$ 22.73 billion in 2018-2019 from US$ 7.43 billion in 2014-2015. Demand for aerial work platform truck is increasing in Japan due to increasing infrastructure projects. For instance, in June 2019, according to Coherent Market Insight analysis, Japan invested US$ 367 billion in Southeast Asia infrastructure projects.

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Aerial Work Platform (AWP) Truck Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 9.8 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 9.9% 2027 Value Projection: US$ 24.3 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Type: Boom lifts, Scissor lifts, Vertical mast lifts, and Personal portable lifts
  • By Powered Type: Electric and Engine Powered
  • By Platform: Below 10 M, 10-20 M, 20-30 M, and Above 30 M
  • By Application: Rental, Construction and mining, Government, Telecommunication, Transportation & Logistics, Utility and Others
Companies covered:

XCMG Group, SANY Group, Zoomlion Heavy Industry Science & Technology Co., Ltd., AICHI CORPORATION, Altec Industries, Bronto Skylift, Hunan RUNSHARE Heavy Industry Company, Ltd., Dinolift, HAULOTTE GROUP, Hunan Sinoboom Intelligent Equipment Co, Ltd., JLG Industries, Inc., Manitou Group, Niftylift (UK) Limited, Skyjack, Zhejiang Dingli Machinery Co, Ltd., Linamar Corporation, Manitex International

Growth Drivers:
  • Growing number of infrastructure transformation projects in Indonesia and Thailand
  • Rising popularity of rental equipment services in Asia Pacific
  • Development of urban infrastructure in South Africa and India
Restraints & Challenges:
  • High maintenance cost

The construction segment is expected to drive the market growth during the forecast period.

On the basis of application, the construction segment is expected to hold dominant position in the global aerial work platform (AWP) truck market during the forecast period due to the increasing demand for aerial work platform trucks in the construction sector. They are used to lift equipment or people to the inaccessible areas. The increasing construction activities in countries such as India, China, Japan and rising investment in real estate by private manufacturers is driving the market growth. For instance, according to the IBEF, the real estate sector in India is expected to reach US$ 1 trillion by 2030 from US$ 120 billion in 2017.

Figure 2: Global Aerial Work Platform (AWP) Truck Market Value (US$ Bn) Analysis and Forecast and Y-o-Y Growth (%), 2017 - 2027

Aerial Work Platform (AWP) Truck  | Coherent Market Insights

The global aerial work platform (AWP) truck market was valued at US$ 9.8 Bn in 2019 and is expected to reach US$ 24.3 Bn by 2027 at a CAGR of 9.9% between 2020 and 2027.

Major players operating in the global aerial work platform (AWP) truck market are XCMG Group, SANY Group, Zoomlion Heavy Industry Science&Technology Co., Ltd., AICHI CORPORATION, Altec Industries, Bronto Skylift, Hunan RUNSHARE Heavy Industry Company, Ltd., Dinolift, HAULOTTE GROUP, Hunan Sinoboom Intelligent Equipment Co, Ltd., JLG Industries, Inc., Manitou Group, Niftylift (UK) Limited, Skyjack, Zhejiang Dingli Machinery Co, Ltd., Linamar Corporation, Manitex International

Aerial Work Platform (AWP) is a specialized machine that is used to provide access to difficult and inaccessible areas. Aerial work platform (AWP) trucks are aerial work platform equipment mounted or used with the assistance of a truck. Some of aerial work platform trucks are light in weight and can be used in unreachable or remote areas for maintenance operations. This machinery and equipment is driven by a motor that uses diesel or gasoline. Some of the AWP machines are self-driven and use automated technology. The main features of AWP trucks are high operational efficiency, accessibility to remote areas, and the ability to perform multipurpose operations. Based on the application, the aerial work platform market is segmented into rental, construction and mining, government, telecommunication, transportation & logistics, utility, and others. Boom lifts and scissor lifts are most used types of AWP trucks due to their high operational efficiency.

Market Dynamics

The global aerial work platform (AWP) truck market is expected to grow significantly during the forecast period due to investments in electric drive and efficient battery technology by manufacturers. These machines are helpful in reducing fuel consumption, noise level, and harmful carbon emissions. Moreover, contractors are using electric drive technology to reduce the impact on the environment and support environmental conservation initiatives adopted by government authorities across the globe. Players are using advanced electric drive technology to support the industry and provide high operational efficiency. For instance, in March 2020, JLG Industries, Inc., a U.S. based equipment manufacturer, launched Davinci electric scissor lift to provide high exceptional performance with minimum maintenance cost.

Moreover, major players across the globe are focusing on developing products with new features and technologies to remain competitive in the market. Industries are focusing on developing new products with new features to cater to demand from the end-users. For instance, in February 2020, JLG Industries, Inc., a U.S. based equipment manufacturer, launched 400 series hi-capacity boom lifts. These lifts are designed to bring more tools and equipment to the work area.

Key features of the study:

  • This report provides in-depth analysis of global aerial work platform (AWP) truck market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the global aerial work platform (AWP) truck market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study are XCMG Group, SANY Group, Zoomlion Heavy Industry Science&Technology Co., Ltd., AICHI CORPORATION, Altec Industries, Bronto Skylift, Hunan RUNSHARE Heavy Industry Company, Ltd., Dinolift, HAULOTTE GROUP, Hunan Sinoboom Intelligent Equipment Co, Ltd., JLG Industries, Inc., Manitou Group, Niftylift (UK) Limited, Skyjack, Zhejiang Dingli Machinery Co, Ltd., Linamar Corporation, Manitex International
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global aerial work platform (AWP) truck market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerial work platform (AWP) truck market.

Detailed Segmentation

  • Global Aerial Work Platform (AWP) Truck Market, By Type:
    • Boom lifts
    • Scissor lifts
    • Vertical mast lifts
    • Personal portable lifts
  • Global Aerial Work Platform (AWP) Truck Market, By Power Type:
    • Electric
    • Engine Powered
  • Global Aerial Work Platform (AWP) Truck Market, By Platform:
    • Below 10 M
    • 10-20 M
    • 20-30 M
    • Above 30 M
  • Global Aerial Work Platform (AWP) Truck Market, By Application:
    • Rental
    • Construction and mining
    • Government
    • Telecommunication
    • Transportation & Logistics
    • Utility
    • Others
  • Global Aerial Work Platform (AWP) Truck Market, By Region:
    • North America
      • By Type:
        • Boom lifts
        • Scissor lifts
        • Vertical mast lifts
        • Personal portable lifts
      • By Powered Type:
        • Electric
        • Engine Powered
      • By Platform:
        • Below 10 M
        • 10-20 M
        • 20-30 M
        • Above 30 M
      • By Application:
        • Rental
        • Construction and mining
        • Government
        • Telecommunication
        • Transportation & Logistics
        • Utility
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Type:
        • Boom lifts
        • Scissor lifts
        • Vertical mast lifts
        • Personal portable lifts
      • By Power Type:
        • Electric
        • Engine Powered
      • By Platform:
        • Below 10 M
        • 10-20 M
        • 20-30 M
        • Above 30 M
      • By Application:
        • Rental
        • Construction and mining
        • Government
        • Telecommunication
        • Transportation & Logistics
        • Utility
        • Others
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Type:
        • Boom lifts
        • Scissor lifts
        • Vertical mast lifts
        • Personal portable lifts
      • By Power Type:
        • Electric
        • Engine Powered
      • By Platform:
        • Below 10 M
        • 10-20 M
        • 20-30 M
        • Above 30 M
      • By Application:
        • Rental
        • Construction and mining
        • Government
        • Telecommunication
        • Transportation & Logistics
        • Utility
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Type:
        • Boom lifts
        • Scissor lifts
        • Vertical mast lifts
        • Personal portable lifts
      • By Power Type:
        • Electric
        • Engine Powered
      • By Platform:
        • Below 10 M
        • 10-20 M
        • 20-30 M
        • Above 30 M
      • By Application:
        • Rental
        • Construction and mining
        • Government
        • Telecommunication
        • Transportation & Logistics
        • Utility
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East and Africa
      • By Type:
        • Boom lifts
        • Scissor lifts
        • Vertical mast lifts
        • Personal portable lifts
      • By Power Type:
        • Electric
        • Engine Powered
      • By Platform:
        • Below 10 M
        • 10-20 M
        • 20-30 M
        • Above 30 M
      • By Application:
        • Rental
        • Construction and mining
        • Government
        • Telecommunication
        • Transportation & Logistics
        • Utility
        • Others
      • By Country/Region:
        • GCC Countries
        • South Africa
        • Rest of Middle East and Africa
  • Company Profiles
    • XCMG Group*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • SANY Group
    • Zoomlion Heavy Industry Science&Technology Co., Ltd.
    • AICHI CORPORATION
    • Altec Industries
    • Bronto Skylift
    • Hunan RUNSHARE Heavy Industry Company, Ltd.
    • Dinolift
    • HAULOTTE GROUP
    • Hunan Sinoboom Intelligent Equipment Co, Ltd.
    • JLG Industries, Inc.
    • Manitou Group, Niftylift (UK) Limited
    • Skyjack
    • Zhejiang Dingli Machinery Co, Ltd.
    • Linamar Corporation
    • Manitex International

“*” marked represents similar pointers for other companies.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Power Type
      • Market Snippet, By Platform
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New system Launch/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
    • Impact of COVID-19
  4. Global Aerial Work Platform (AWP) Truck Market, By Type, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Boom Lifts
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Scissor Lifts
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Vertical mast lifts
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Personal portable lifts
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  5. Global Aerial Work Platform (AWP) Truck Market, By Power Type, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Electric
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Engine Powered
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  6. Global Aerial Work Platform (AWP) Truck Market, By Platform, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Below 10 M
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • 10-20 M
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • 20-30 M
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Above 30 M
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  7. Global Aerial Work Platform (AWP) Truck Market, By Application, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Rental
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Construction and mining
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Government
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Telecommunication
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Transportation & Logistics
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Utility
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  8. Global Aerial Work Platform (AWP) Truck Market, By Region, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027 (US$ Billion)
      • Billion)
      • Market Size and Forecast, By Power Type, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Platform, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027 (US$ Billion)
      • Billion)
      • Market Size and Forecast, By Power Type, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Platform, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • U.K.
        • Germany
        • Spain
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027 (US$ Billion)
      • Billion)
      • Market Size and Forecast, By Power Type, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Platform, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027 (US$ Billion)
      • Billion)
      • Market Size and Forecast, By Power Type, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Platform, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027 (US$ Billion)
      • Billion)
      • Market Size and Forecast, By Power Type, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Platform, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country/Region, 2020 and 2027 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • XCMG Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SANY Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Zoomlion Heavy Industry Science&Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • AICHI CORPORATION
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Altec Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bronto Skylift
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hunan RUNSHARE Heavy Industry Company, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Dinolift
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • HAULOTTE GROUP
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hunan Sinoboom Intelligent Equipment Co, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • JLG Industries, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Manitou Group, Niftylift (UK) Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Skyjack
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Zhejiang Dingli Machinery Co, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Linamar Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Aerial Work Platform (AWP) Truck Market - Global forecast to 2027”.

Frequently Asked Questions

The global aerial work platform (AWP) truck market is expected to reach US$ 18.5 billion by 2022.
The increasing number of infrastructure transformation projects in Indonesia and Thailand and government spending in smart city projects across the globe are factors that are expected to drive growth of the global aerial work platform (AWP) truck market during the forecast period.
The construction segment held the largest market share among verticals, contributing 38.2% in terms of value in 2019.
North America held the largest share in the global aerial work platform (AWP) truck market in 2019, accounting for 33.2% share in terms of value.
Key players operating in the global aerial work platform (AWP) truck market are XCMG Group, SANY Group, Zoomlion Heavy Industry Science&Technology Co., Ltd., AICHI CORPORATION, Altec Industries, Bronto Skylift, Hunan RUNSHARE Heavy Industry Company, Ltd., Dinolift, HAULOTTE GROUP, Hunan Sinoboom Intelligent Equipment Co, Ltd., JLG Industries, Inc., Manitou Group, Niftylift (UK) Limited, Skyjack, Zhejiang Dingli Machinery Co, Ltd., Linamar Corporation, Manitex International
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