The US aerial work platform market is anticipated to exhibit a CAGR of 5.7% during the forecast period (2021-2027). Rising e-commerce industry, growing construction activities, and mining expansion projects in the country are the key factors contributing towards the growth of the US aerial work platform market. Increasing demand for consumer products has led to an increase in the requirement for warehousing space, for storage of products, which are then distributed to retail stores in bulk, via pallet loads and cases. The demand for faster deliveries and quick product exchanges are mounting pressure on warehouses to optimize the operational efficiency. To tackle this, a growing number of warehouses have been found turning to aerial lifts.
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Various distribution strategies and warehouse technologies are adopted to distribute the products to the location without any damage. To reduce time and space, aerial lifts are used in the warehouses to place and arrange materials or goods in an appropriate manner. As per the usage, these lifts are available in different models such as hydraulic scissor lift, pneumatic scissor lift, and electrical and diesel scissor lift. Further, presence of key market players in the US is expected to drive the growth of the US aerial work platform market.
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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US 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.)
