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Aerial Work Platform Manufacturing - Industry Market Research Report

Aerial Work Platform Manufacturing

The Aerial Work Platform Manufacturing industry has grown moderately over the five years to 2019, albeit with significant volatility from year to year. Industry demand is primarily driven by construction activity because aerial work platforms are used by nearly all construction industries. As downstream demand from most construction markets increased, rental companies sought to increase their stock, boosting revenue. However, falling steel prices and lagging demand from oil and gas construction markets tempered this revenue growth. Over the five years to 2024, industry revenue is forecast to grow. The value of both construction and aggregate private investment are anticipated to continue rising over the next five years, which will result in continued demand for the industry's products. Meanwhile, technological advances in automation will become more prevalent, which will improve profitability by reducing labor requirements.

This industry manufactures aerial work platforms, including boom lifts, scissor lifts, vertical mast lifts and personal portable lifts. Aerial work platforms may be stationary, towed or mounted on trucks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Aggregate private investment
    • Table Revenue vs. exports
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Industry trade balance
    • Table Exports To ...
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table JLG Industries Inc. (US industry-specific segment) - financial performance*
    • Table Terex Corporation (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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