North American Aerial work platform market is anticipated to exhibit a CAGR of 5.6% during the forecast period (2021-2027). Zhejiang Dingli Machinery Co., Ltd., Aichi Corp., Palfinger AG, MEC Aerial Work Platform, Manitou BF SA, among others are the major players operating in the North American aerial work platform market. New product launches made by the key market players operating in the region are anticipated to drive the growth of regional market. InFebruary 2021, JLG Industries, Inc. announced to launch its 400 Series hi-capacity boom lifts at The ARA Show in Orlando, Florida, at booth. These new boom models will provide operators with an expanded work envelope and three different capacity zones, delivering greater reach than competitive models offering only one or two capacity zones.
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In February 2019, Genie announced to launch a range of products at Bauma, held in Munich, Germany, following the theme of green solutions and lessening environmental impact. The company launched hybrid boom lift in its fuel-electric (FE) range expected to offer the same benefits as the original 20.16m working height Z-60/37 FE model.This new 2-In-1 hybrid machine will combine the 4WD all-terrain abilities of traditional diesel-powered units, the emissions-free benefits of 100% electric equipment, plus the ability to recharge the battery while working.
Market Coverage
- Market number available for – 2020-2027-
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product Type
- By Drive Type
- By Application
- Competitive Landscape- Titan Worldwide, Inc., Toyota Industries, Corp., Youngman Pvt., Ltd., Custom Equipment, LLC, and Bishamon Industries, Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in base year?
- Which segment will project fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from pre-COVID forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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North American Aerial Work Platform Market Report Segment
By Product Type
- Boom Lift
- Scissor Lift
- Vertical Mass Lifts
- Personal Portable Lifts
By Drive Type
- Hydraulic
- Electrical
- Pneumatic
By Application
- Construction & Building Maintenance
- Manufacturing & Retail
- Automotive
- Warehousing
- Transport
- Logistics
- Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
