The global market of the aerial work platform
rental (AWP) has uninterruptedly increasing with an active growth rate in the
present era. Whereas, the aerial work platform rental is a mechanical device
which efficiently utilized to deliver the temporary access for the individual
or the equipment to inaccessible locations, usually at the height. They are
structured to lift the restricted weights, usually less than a ton, although
some have an extraordinary safe working load, distinctive them from most
variations of the cranes. The companies in the worldwide market of aerial work
platform rental are playing an important role for increasing the value of
revenue, decreasing the cost of work and delivering the better consumer
satisfaction which further become profitable for increasing the demand and
leading the fastest market growth during the reviewed period more positively.
According to the report analysis, ‘Global
Aerial Work Platform Rental (AWP) Market Size study, by Type (Boom Lifts, Scissor
Lifts, Vertical Mast Lifts, Personnel Portable Lifts), by Application
(Construction, Telecommunication, Transportation & Logistics, Government,
Others) and Regional Forecasts 2018-2025’ states that in the worldwide
aerial work platform rental market, there are several corporates which
presently functioning more enormously for leading the highest market growth and
registering the foremost value of market share across the globe in the
forecasted period while increasing the applications, develop the productivity
of the product and services, spreading the awareness related to the equipment
and increment of the trained workforce includes AFI Uplift, Ahern Rentals,
Aichi Corporation, AJ Networks, Aktio Corporation, All Aerials, Ashtead Group,
AWP Rental Company, Blueline Rental, Boels Rental, Cramo, Fortrent and several
others.
The effective rise in the construction of
residential and commercial buildings, increasing the government investments in
construction of stadiums, airports & several other buildings and augmenting
the urbanization and protection concerns are the substantial drivers of the
market around the globe. Besides this, such equipment are commonly employed in
the factories & manufacturing plants for material handling presentations
and for conservation & installation of telecom poles, overhead lines,
transformers, street lights, & power cables, and several other linked
infrastructure, which are likely to foster the requirement among the end users
in the coming future. Moreover, they are commonly utilized for the temporary,
flexible access determinations such as conservation and the construction work
or by firefighters for emergency access, which discriminates them from
permanent admittance equipment such as elevators, which also boosting the
requirement of these equipment in the imminent years. However, nonexistence of
awareness related to the equipment and deficiencies of the trained workforce to
operate equipment are the preventive factors of the market across the world.
Sideways, on the basis of region, the market
of aerial work platform rental (AWP) is spread across the globe such as Asia
Pacific, North America, Europe, Latin America and Rest of the World. While the
Asia-Pacific region is the leading/significant economy across the globe in the
terms of market share owing to increasing number of the infrastructure projects
in the region. Europe also underwrites a satisfactory growth in the global
Aerial Work Platform Rental (AWP) market. North America is also projected to
exhibit higher growth rate / CAGR over the forecast period of 2018-2025.
Therefore, in the near years, it is anticipated that the market of aerial work
platform will increase around the globe over the near years.
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Ken Research
Ankur Gupta, Head Marketing &
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