Aerial Lifts Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Electric, Engine Powered), By Application (Construction, Mining, Warehousing & Logistics, Others), By Product (Boom Lifts, Scissors Lifts, Cherry Picker, Spider Lift), And By Geography - Forecasts From 2021 To 2026

Published:  Apr 2021 Report Code: KSI061612947 Pages: 101

The aerial lifts market is projected to grow at a CAGR of 2.97% during the forecast period. Aerial lifts are vehicle-mounted devices that are used to access utility lines and other above-ground job sites. Aerial lifts have replaced ladders and platforms on many sites because of their mobility and flexibility. It is used as a means of cable transport in which cabins, cars, or open chairs are pulled above the ground using the cables. Aerial lift systems are generally used in mining and mountainous regions where roads are very difficult to build. These lift systems can be easily moved and are used to cross rivers and canyons. It is also used to handle building maintenance, painting, trimming trees, installing heating, ventilation, and air conditioning services, and inventory management. Aerial lifts are establishing a firmer foothold in the industrial and construction sectors due to the high maintenance of the assets. It is mainly utilized by real estate management companies, manufacturers, construction companies, maintenance service providers, and warehouses. The growth of the market can be attributed to rapid urbanization, an increase in the construction of high buildings, an increase in the number of smart cities, and an increase in investment in the construction market. However, the limited availability of trained operators, high costs, and accidents associated with aerial lifts is a concern for the growth.

The Aerial Lifts Market – Forecasts from 2019 to 2024 is an exhaustive study of this niche technology market which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, application, product, platform height, and geography.

The aerial lifts market has been segmented based on type, application, product, platform height, and geography. Based on type the market has been segmented into electric and engine-powered. By application, the market has been classified into construction, mining, warehousing & logistics, and Others. By type, the market is classified as boom lifts, scissors lifts, cherry picker, and spider lift.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the market of aerial lift have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the aerial lifts market.

Aerial Lifts Market Scope:

Report Metric Details
 Growth Rate  CAGR of 2.97% during the forecast period
 Base year  2019
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Application, Product, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Snorkel, Terex Corporation, JLG Industries, NIftylift (UK) Limited, Teupen USA, Inc., MEC Aerial Work Platforms, Altec Industries, Manitou, Skyjack (A Linamar Company), Tadano Ltd., Aichi Corporation
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Type
    • Electric
    • Engine Powered
  • By Application
    • Construction
    • Mining
    • Warehousing & Logistics
    • Others
  • By Product
    • Boom Lifts
    • Scissors Lifts
    • Cherry Picker
    • Spider Lift
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Others
    • Middle East and Africa
      • Israel
      • South Africa
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for the aerial lifts market?
A1. The aerial lifts market is projected to grow at a CAGR of 2.97% during the forecast period.


Q2. Who are the major players in the aerial lifts market?
A2. Prominent key market players in the global aerial lifts market include Snorkel, Terex Corporation, JLG Industries, NIftylift (UK) Limited, Teupen USA, Inc., MEC Aerial Work Platforms, Altec Industries, among others.


Q3. How is the global aerial lifts market segmented?
A3. Aerial Lifts Market has been segmented by type, application, product, and geography.


Q4. What factors are anticipated to drive the aerial lifts market growth?
A4. The aerial lifts market growth can be attributed to rapid urbanization, an increase in the construction of high buildings, an increase in the number of smart cities, and an increase in investment in the construction market.


Q5. What is the base year considered in the aerial lifts market report?
A5. 2018 has been taken as the base year in the aerial lifts market.

 

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. AERIAL LIFTS MARKET BY TYPE 
5.1. Electric
5.2. Engine-powered
 
6. AERIAL LIFTS MARKET BY APPLICATION
6.1. Construction 
6.2. Mining
6.3. Warehousing & Logistics
6.4. Others
 
7. AERIAL LIFTS MARKET BY PRODUCT
7.1. Boom lifts
7.2. Scissors lifts
7.3. Cherry Picker
7.4. Spider Lift
 
8. AERIAL LIFTS MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
 
9. COMPETITIVE INTELLIGENCE
9.1. Market Positioning Matrix and Ranking
9.2. Strategies of Key Players
9.3. Recent Investments and Deals 
 
10. COMPANY PROFILES
10.1. Snorkel
10.2. Terex Corporation
10.3. JLG Industries
10.4. NIftylift (UK) Limited
10.5. Teupen USA, Inc.
10.6. MEC Aerial Work Platforms
10.7. Altec Industries
10.8. Manitou 
10.9. Skyjack (A Linamar Company)
10.10. Tadano Ltd.
10.11. Aichi Corporation

Snorkel

Terex Corporation

JLG Industries

NIftylift (UK) Limited

Teupen USA, Inc.

MEC Aerial Work Platforms

Altec Industries

Manitou

Skyjack (A Linamar Company)

Tadano Ltd.

Aichi Corporation

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