Aerial Work Platform Market Going Up

Construction Workforce Shifting to Boom Lifts for Repair Works
Key players are embracing self-propelled and energy-efficient technology to cater to the needs of end users.
Aerial work platforms improve personnel welfare and resource preservation.
Conventional methods of lifting equipment and maintaining industrial assets have been a major concern among construction companies in many countries. Improving personnel welfare and resource preservation has motivated infrastructure and mining operators to turn to aerial work platforms.

Key players are embracing self-propelled and energy-efficient technology to cater to the needs of end users. Future Market Insights (FMI) finds the global aerial work platform (AWP) market revenues reached ~ $8.3 Bn in 2018, and are projected to grow steadily at a CAGR of ~4 % through 2029.

Maintenance practices at infrastructural assets, including airports, window washing and repairing, and an increasing number of construction projects in metropolitan economies in developing regions are setting huge demand for AWPs in the aerial work platform market.

In addition, stringent safety and environmental regulations will continue to avoid any increase in worker casualties and check diesel emissions, which is likely to encourage innovation that can negotiate the credit squeeze and reverse the environmental impact of older aerial work platforms.

More Info: https://www.futuremarketinsights.com/reports/aerial-work-platforms-market

FMI’s report finds that boom lifts hold shares worth more than half of the global aerial work platform market value. Battery-driven boom lifts offer high flexibility, enabling movement around obstacles and access to compact areas, and the tiers of the boom lifts do not leave any mark. Electric boom lifts provide vertical elevation of more than 100 feet, and facilitate vertical and horizontal movements without disturbing the base and offer a 180-degree operation to reach areas behind the equipment. Furthermore, they are best fit for jobs that require excessive movement and can be coupled with other transporting vehicles, finding favor with the end users.

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