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Showing posts with the label Aerial Work Platform Market 2028

Aerial Work Platform Market Estimated At USD 25.91 Billion By 2028

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  San Francisco, 12 Nov 2021:   The Report  Aerial Work Platform Market  Size, Share & Trends Analysis Report By End Use (Rental, Construction & Mining), By Engine Type (Electric, Engine-powered), By Product Type (Boom Lifts, Scissor Lifts), And Segment Forecasts, 2020 - 2028 The global aerial work platform market size is anticipated to reach USD 25.91 billion by 2028, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. The rising demand for aerial work platforms (AWPs) is attributed to their widespread utilization in end-use industries, such as construction, transportation & logistics, retail, storage, and warehouse. Increasing construction activities across the globe are expected to open new growth avenues for the market. Rising government investments in the construction of residential buildings, commercial complexes, and public transport infrastructure, are expected to propel the demand for aerial lifts over the for