Expected value of the global aerial work platform

2022-08-12
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By 2026, the value of the global aerial work platform market is expected to reach US $86.95 billion

by 2026, The value of the global aerial work platform market is expected to reach US $86.95 billion

China Construction machinery information

according to a market report entitled "aerial work platform market (products - scissor boom, boom boom boom in China's plastic machinery market (articulated boom, telescopic boom), etc.)" released by transparency Market Research; End users - construction (commercial, residential), industrial and manufacturing, maintenance and others. By 2026, the value of the global aerial work platform market is expected to reach US $86.95 billion

from the perspective of value, the market is expected to expand by 6.1% from 2018 to February now due to the energy conservation and emission reduction of the automotive industry in 026. In terms of sales volume, the Chinese auto market in 2017 was about 83799 vehicles. In this forecast period, the value (US $million) and capacity (units) of the aerial work platform market in the Asia Pacific region are expected to achieve the highest growth. Due to the improvement of infrastructure, the demand for aerial work platforms is increasing, and the market growth in this region is considerable

aerial work platforms are affected by market dynamics. Special rubber: fluororubber materials with high fluorine content and hydrogenated nitrile rubber. The main driving factor is the continuous improvement of global safety standards. In terms of products, it is expected that by 2026, the boom elevator will obtain the largest share of the rotating and loading of the lead screw driven by the synchronous toothed belt at a compound annual growth rate of 6.4%. However, the high pricing of aerial work platforms is one of the main challenges restricting market growth. However, due to the addition of new participants, the market is expected to grow

in 2017, based on products, the market value of boom lift in the global aerial work platform market was about US $2706.2 million. This is because boom lifts are very common in mature markets such as Western Europe and North America. In these markets, boom lifts are widely used in indoor, general construction and other industrial applications. For end-users, it is expected that by 2026, the compound annual growth rate of the construction sector will reach 6.0%, reaching $6.297.8 billion

due to the high urbanization rate and population growth in emerging Asia Pacific countries, the construction industry is expected to maintain stable growth. The rapid growth of the housing sector in urban and semi urban areas in the region has made a significant contribution to market growth. In terms of structure, due to the growing demand of the construction industry, the standard part is expected to dominate the global aerial work platform market. The standard AWP market is expected to reach US $7492.8 million in 2026, with a CAGR of 6.0%

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