Technological Advancements to Influence Aerial Work Platform Market Growth

Posted by Shirish Wadaskar on August 27th, 2019

Future Market Insights (FMI), in its latest research study, investigates the aerial work platform market and presents actionable insights on its progress footsteps for the evaluation timespan of 2019-2029. As per the research study, the global aerial work platform market revenues reached ~US$ 8.3 Bn in 2018, and are projected to grow steadily at a CAGR of ~4 % during the forecast period.  

Consistent surge in maintenance practices of infrastructural assets, including airports, window washing and repairing, and an increasing number of construction projects in metropolitan economies in developing regions are setting huge demand for AWPs in the landscape, suggests the report. In addition, stringent safety and environmental regulations will continue to avoid upcoming worker casualties and check diesel emissions, which is likely to encourage innovation that can negotiate credit squeeze and reverse the environmental impact of 21st century aerial work platforms.

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Shirish Wadaskar

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Shirish Wadaskar
Joined: December 22nd, 2016
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