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Aerial Work Platform Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published May 31, 2022
Length 40 Pages
SKU # IBSS17285251

Description

Aerial Work Platform Manufacturing in the US - 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.
MAJOR COMPANIES

Terex Corp

Jlg Industries Inc.

Table of Contents

40 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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