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Global Aerial Work Platform Truck Market to Grow at a CAGR of 18.45% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Aerial Work Platform Truck Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 04/22/2016 -- Report forecast the Global Aerial Work Platform Truck market to grow at a CAGR of 18.45% during the period 2016-2020.

AWPs are used at electrical and telecommunication infrastructure construction sites, where an elevated work platform is required and are supported by scissors, masts, or booms. These devices are easy to use and are typically safer when compared to scaffolds and ladders. They are usually powered by gas, electricity, pneumatic, or hydraulic systems.

The report covers the present scenario and the growth prospects of the global AWP truck market during 2016-2020. To calculate the market size, the report considers the revenue generated from sales of AWP truck globally.

The market is divided into the following segments based on geography:
- Americas

According to the report, to maximize the productivity of construction workers, one of the most important things that have to be considered is to offer workers a safe working environment. Reliability of the platforms on which the workers will stand and work is highly essential to ensure maximum productivity. This is increasing the demand for a broad range of construction machineries such as cranes, AWP trucks, and other material handling equipment. These reduce human effort and time involved in performing various tasks on the site.

Further, the report states that with the growth in the construction sector, construction equipment manufacturers have to cope with changing client needs. Customer requirements from AWP truck manufacturers are changing with respect to the capacity, height, and platform length and width.

Global Aerial Work Platform Truck Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Aerial Work Platform Truck Market: Altec Inc., Haulotte Group, Tadano Ltd., and Terex Corp.

Other Prominent Vendors in the market are: Aichi, ASPAC, Elliott, Oshkosh, Manitex International, MEC, and XCMG.

Market driver
- Need for improved productivity and safety
- For a full, detailed list, view our report

Market challenge
- Changing customer needs
- For a full, detailed list, view our report

Market trend
- Growth of equipment rental business
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 61 pages and 26 Exhibit "Global Aerial Work Platform Truck Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Five forces analysis, Market segmentation by end-user, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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