Aerial Work Platform Global Market Report 2026

An aerial work platform (AWP), also recognized as an aerial lift, is a mechanical equipment designed to provide temporary access to elevated work areas. It is commonly utilized in construction, maintenance, and repair tasks where workers require access to heights that are challenging to reach using ladders or scaffolds.

The primary product types in the aerial work platform category include scissor lifts, boom lifts, telehandlers, and other specialized variants. A scissor lift is a mechanical device utilized for elevating or lowering objects and operates using electricity as its power source. It can be powered by hybrid, electric, or fuel-based mechanisms, offering lifting capacities ranging from 20 feet to various other height specifications such as 20 to 50 feet, 50 to 70 feet, and above 70 feet. The primary end-users for these platforms include construction, utilities, logistics and transportation, and other sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the aerial work platform market by raising prices of imported steel structures, hydraulic components, electric drivetrains, and control systems used across scissor lifts, boom lifts, and telehandlers. Construction and utilities segments in North America and Europe are most affected due to reliance on imported components, while Asia-Pacific faces cost pressure on export-oriented manufacturing. However, tariffs are supporting local assembly operations, boosting regional manufacturing, and accelerating adoption of electric and hybrid platforms.

The aerial work platform market research report is one of a series of new reports from The Business Research Company that provides aerial work platform market statistics, including aerial work platform industry global market size, regional shares, competitors with a aerial work platform market share, detailed aerial work platform market segments, market trends and opportunities, and any further data you may need to thrive in the aerial work platform industry. This aerial work platform market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The aerial work platform market size has grown strongly in recent years. It will grow from $13.83 billion in 2025 to $14.79 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to expansion of urban construction activities, increasing use of mechanized access equipment, rising safety compliance requirements, growth in rental equipment models, wider acceptance of awps over scaffolding.

The aerial work platform market size is expected to see strong growth in the next few years. It will grow to $19.91 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing electrification of lift platforms, rising infrastructure modernization projects, growing emphasis on emission reduction, higher demand for smart fleet management systems, expansion of rental penetration in emerging markets. Major trends in the forecast period include increasing demand for high-reach access equipment, growing preference for compact and maneuverable platforms, rising rental penetration across construction sites, enhanced focus on operator safety features, increasing customization for diverse jobsite requirements.

A rise in residential and commercial construction activities is expected to propel the growth of the aerial work platform market. Residential and commercial construction refer to two primary categories of construction projects involving the development of structures for distinct purposes. Residential construction encompasses the building of homes, apartments, and other housing structures, while commercial construction involves facilities used for business or commercial activities. Aerial work platforms (AWPs) are widely used across both segments to provide temporary access to elevated areas, enabling workers to safely and efficiently perform tasks at height, including roofing, painting, window cleaning, electrical work, and general construction. These applications contribute significantly to the growth of the aerial work platform market. For example, in November 2023, according to the Office for National Statistics, the value of new construction work in current prices in Great Britain rose by 15.8% to a record $173,100 million (£132,989 million) in 2022, driven by increases in private sector work totaling $18,343 million (£14,093 million) and public sector work amounting to $5,294 million (£4,068 million). Therefore, the expansion of residential and commercial construction activities is fueling the growth of the aerial work platform market.

Major companies operating in the aerial work platform market are focused on introducing innovative products such as scissor lifts and intuitive control panels. Scissor lifts are aerial work platforms featuring a crisscrossing mechanical structure that raises and lowers the platform to provide a stable working surface at various heights for applications such as maintenance, construction, and installation. Intuitive control panels offer operators a clear, user-friendly interface that simplifies machine operation and improves efficiency. For instance, in March 2024, Manitou Group, a France-based aerial work platform manufacturer, introduced a new range of scissor lifts designed to enhance efficiency and safety in diverse lifting applications. The lineup includes models such as the SE 0808 and SE 1008, offering working heights of 8 meters and 10 meters, with a 12-meter model (SE 1212) planned for future release. Built with premium components, the lifts feature two high-efficiency AC motors and a lightweight design that improves autonomy and reduces total cost of ownership. Suitable for indoor and outdoor environments, these models meet the needs of various industrial maintenance and finishing tasks.

In January 2023, JLG Industries Inc., a US-based manufacturer of mobile elevating work platforms (MEWPs) and telehandlers, acquired Hinowa S.p.A. for an undisclosed sum. This acquisition enables JLG to expand its aerial work platform portfolio, broaden its specialty access equipment offerings, and strengthen its position in niche sectors such as agriculture, landscaping, and vegetation management. Hinowa S.p.A. is an Italy-based producer of tracked aerial platforms, spider lifts, and other specialized access equipment designed for diverse aerial work applications.

Major companies operating in the aerial work platform market are Terex Corporation, MEC Aerial Work Platforms, JLG Industries, Inc., Galmon (Singapore) Pte Ltd, Aichi Corporation, Haulotte Group, Manitou Group, Skyjack Inc., Altec Industries Inc., Palfinger AG, Sinoboom Intelligent Equipment Group Co., Ltd., Lingong Machinery Group, Zhejiang Dingli Machinery Co., Ltd., Xuzhou Construction Machinery Group Co. Ltd., Ruthmann Holdings GmbH, Teupen Maschinenbau GmbH, Time Benelux, Snorkel International, LLC, Holland Lift International B.V., Dinolift Oy

North America was the largest region in the aerial work platform market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global aerial work platform market during the forecast period. The regions covered in the aerial work platform market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the aerial work platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerial work platform market consists of sales of golf carts, scissor lifts, vertical mast lifts, trailer-mounted boom lifts, and personnel lifts. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Aerial Work Platform Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses aerial work platform market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for aerial work platform ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The aerial work platform market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Scissor Lifts; Boom Lifts; Telehandler; Other Product Types
• 2) By Fuel Type: Fuel-Based; Electric; Hybrid
• 3) By Lifting Height: 20 Feet; 20 To 50 Feet; 50 To 70 Feet; Above 70 Feet
• 4) By End-User Industry: Construction; Utilities; Logistics And Transportation; Other End-User Industries
• Subsegments:
• 1) By Scissor Lifts: Electric Scissor Lifts; Diesel Scissor Lifts; Rough Terrain Scissor Lifts
• 2) By Boom Lifts: Telescopic Boom Lifts; Articulating Boom Lifts; Hybrid Boom Lifts
• 3) By Telehandler: Compact Telehandlers; Standard Telehandlers; Heavy Duty Telehandlers
• 4) By Other Product Types: Personal Lift; Vehicle-Mounted Lift; Mast Lifts
• Companies Mentioned: Terex Corporation; MEC Aerial Work Platforms; JLG Industries, Inc.; Galmon (Singapore) Pte Ltd; Aichi Corporation; Haulotte Group; Manitou Group; Skyjack Inc.; Altec Industries Inc.; Palfinger AG; Sinoboom Intelligent Equipment Group Co., Ltd.; Lingong Machinery Group; Zhejiang Dingli Machinery Co., Ltd.; Xuzhou Construction Machinery Group Co. Ltd.; Ruthmann Holdings GmbH; Teupen Maschinenbau GmbH; Time Benelux; Snorkel International, LLC; Holland Lift International B.V.; Dinolift Oy
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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