Aerial Work Platform Truck Market in Construction Machinery & Heavy Trucks Industry | Technavio
NEW YORK, July 30, 2021 /PRNewswire/ --
"Rise in construction activities across countries and the rapid expansion in telecom and T&L industries will further boost market growth during the forecast period", says a senior analyst at Technavio.
Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have At Par impact on the aerial work platform (AWP) truck market. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
The aerial work platform (AWP) truck market in the Construction Machinery & Heavy Trucks industry is expected to grow by USD 1.92 billion, progressing at a CAGR of almost 8% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Aerial Work Platform Truck Market 2021-2025: Key Highlights
Aerial Work Platform Truck Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the aerial work platform (AWP) truck market. Altec Inc., Bronto Skylift Oy Ab, Haulotte Group, Linamar Cop., Manitex International Inc., Manitou BF SA, Oshkosh Corp., Tadano Ltd., Terex Corp., and Toyota Industries Corp. are some of the major market participants.
Our aerial work platform truck market report covers the following areas:
This study identifies the rise in construction activities across countries as one of the prime reasons driving the aerial work platform truck market growth during the next few years.
To gain access to detailed market landscape, vendor analysis, and future trends impacting the growth of the market, download a sample:
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