Aerial Work Platforms (AWP) Market to reach US$ 15.3 Bn by 2016 FMI

Report Description Report Description The global aerial work platforms market is poised to reach a market value of US$ 15.3 Bn by 2026, expanding at a CAGR of 6.5% over a 10-year forecast period (2016-2026). Global AWP sales are expected to touch 88,622 units by the end of 2016, valued at US$ 8.1 Bn. Increasing sophistication and mechanisation of the global construction industry is likely to boost the demand for aerial work platforms throughout the world. In a new report titled “Aerial Work Platforms (AWP) Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”, Future Market Insights analyses the market dynamics affecting the global aerial work platforms market and forecasts trends likely to shape this market in the next 10 years. A steady growth of the global aerial work platforms market can be attributed to a booming construction industry, stringent labour laws and government regulations, and strict adherence to human safety concerns. The market is also likely to receive a boost from simple and attractive equipment financing options, a diversified product portfolio offered by manufacturers while meeting the customised demands of AWP buyers, and a rising demand for AWP equipment from the telecommunication and electrical lines maintenance business vertical. Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-gb-1797 Market projections based on segmentation Segment By product type Boom lifts Scissor lifts

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