Aerial Work Platforms Market Analysis

End user (Construction, Maintenance and Cleaning, Logistics and Transportation, Manufacturing, Aerospace and Defense, Others)

The construction segment accounted for 47.1% of revenue share in 2024 and is poised to hold the largest aerial work platforms market share during the forecast period., 2025-2037. The construction segment serves as one of the largest end users of aerial work platform machines. Boom lifts, scissor lifts, vertical mast lifts, etc., are essential tools in the construction segment for their ability to provide access to elevated areas. As construction activities are booming globally owing to a rapid increase in urbanization, the segment is poised to remain as a key consumer of AWPs. For instance, in September 2022, a Research Gate study estimated a 25% gain in productivity and 10% installation cost savings in construction projects with the use of AWP.

The maintenance and cleaning segment is estimated to have rapid growth during the forecast period and increase its revenue share in the market. The rise in construction and maintenance of high-rise buildings has a direct correlation to the growth of this segment. Façade maintenance, window cleaning, and industrial equipment upkeep among other tasks require the use of AWPs to access elevated areas while ensuring worker safety. AWPs such as scissor lifts, boom lifts, and vertical mat lifts are essential for this segment.

With the global awareness of worker safety rising and the rate of construction and maintenance activities growing, the demand for AWPs is projected to increase for this segment. Manufacturers in this segment are continuously innovating AWP efficiency and safety to cater to the growing demands; for instance, in December 2022, JLG launched two models of E18 vertical mast lifts ideal for maintenance and cleaning work.

Type (Boom Lift, Scissor Lift, Atrium Lift)

Boom lift segment is expected to hold aerial work platforms market share of over 16.6% by the end of 2037. Boom lifts are used across various industries owing to their versatility. They are characterized by their telescopic boom arms which allow precise positioning and reach. Boom lift usage is growing in infrastructure maintenance, tree trimming, and landscaping, event setups, filming, construction activities, and industrial maintenance. For instance, a Research Nester report indicated that approximately 590,000 bridges across the U.S. require maintenance. The growing need for renovation and construction activities is poised to continue driving profit share for this segment.

The scissor lift segment is expected to register rapid revenue CAGR in the AWP market and is estimated to increase its profit share during the forecast period. Key drivers for this segment include its wide usage for tasks that require vertical elevation in indoor and outdoor environments. Additionally, the ability to lift multiple workers and equipment simultaneously increases the demand for scissor lifts in various sectors. In recent years, the demand for scissor lifts has witnessed a surge in the entertainment industry owing to its use in camera operations, lighting, security, set construction, etc. With growing investments in the entertainment industry and a surging number of large-budget films, the demands for scissor lifts are expected to propel forward. In March 2024, JLG announced the fuel-efficient SkyTrak Telehandler designed to assist in aerial filmmaking.

Our in-depth analysis of the aerial work platforms market includes the following segments