Middle East & Africa Aerial Work Platform Market Forecast to 2030
Middle East & Africa Aerial Work Platform Market Forecast to 2030 – Regional Analysis – by Type (Scissor Lifts, Boom Lifts, Telehandlers, Vertical Mast Lifts, and Others) and End user (Construction, Utility, Mining, Transport & Logistics, and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Growing Demand for Electric and Hybrid-powered Aerial Work Platforms Bolsters Middle East & Africa Aerial Work Platform Market
Businesses worldwide are placing a heightened emphasis on sustainability and environmental responsibility as a core component of their corporate social responsibility initiatives. The adoption of electric and hybrid-powered AWPs aligns with these sustainability goals, allowing companies to reduce carbon footprint and contribute to environmental preservation. As sustainability becomes a key differentiator, companies that prioritize eco-friendly offerings are likely to gain a competitive edge, attracting environmentally conscious customers. Aerial work platform manufacturers focusing on developing electric and hybrid solutions enhance their competitiveness in the market. Thus, aerial work platforms market as industries increasingly prioritizes sustainability and environmental impact, the adoption of cleaner technologies is poised to become a standard practice, which is expected to propel the market toward a greener and more eco-conscious future.
Middle East & Africa Aerial Work Platform Market Overview
In the Middle East & Africa, the demand for aerial work platforms (AWPs) is driven by diverse industries. The construction sector utilizes AWPs for building construction, maintenance, and infrastructure projects, ensuring efficiency and safety. In construction sites, aerial work platforms act as provisional platforms leveraged to uplift workers and materials; they are also used for cleaning, inspecting, and repairing a structure or machine. The rapid development of the construction industry and increasing government investments towards transport infrastructure are key factors propelling the demand for aerial work platforms in the Middle East & Africa. In addition, the rising focus on infrastructure development and ongoing privatization in the construction sector positively impacts the aerial work platforms market in the region. Energy industries, including oil & gas, rely on AWPs for routine maintenance of installations in challenging environments such as high voltage and large height above ground level. Furthermore, increasing government regulations for worker safety and the growing development in the oil & gas sector are significant forces driving the demand for aerial work platforms in the Middle East & Africa.
Middle East & Africa Aerial Work Platform Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Aerial Work Platform Market Segmentation
The Middle East & Africa aerial work platform market is categorized into type, end user, and country.
Based on type, the Middle East & Africa aerial work platform market is segmented into scissor lifts, boom lifts, telehandlers, vertical mast lifts, and others. The scissor lifts segment held the largest Middle East & Africa aerial work platform market share in 2022.
In terms of end user, the Middle East & Africa aerial work platform market is segmented into construction, utility, mining, transport & logistics, and others. The construction segment held the largest Middle East & Africa aerial work platform market share in 2022.
By country, the Middle East & Africa aerial work platform market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa aerial work platform market share in 2022.
IMER International SpA, Terex Corp, Tadano Ltd, Sany Palfinger SPV Equipment Co Ltd, Jinan Nostec Equipment Co Ltd, JLG Industries Inc, and Xuzhou Construction Machinery Group Co Ltd. are some of the leading companies operating in the Middle East & Africa aerial work platform market.
Summary Info
Industry: | |
---|---|
Pricing options: | |
Geographical coverage: | |
Year of Publication: |
According to the Research Team’ research, the Middle East & Africa aerial work platform market was valued at US$ 932.40 million in 2022 and is expected to reach US$ 1,771.82 million by 2030, registering a CAGR of 8.4% from 2022 to 2030. Growth in construction activities and infrastructure projects and growing demand for electric and hybrid-powered aerial work platforms are among the critical factors attributed to drive the Middle East & Africa aerial work platform market growth.
The growth in construction activities and infrastructure projects significantly drives the demand for aerial work platforms (AWPs) due to the specific requirements and advantages offered by these platforms. Construction projects often involve work at elevated heights, such as installing structural components, roofing, or facade work. Rapid urbanization and the rise in population drive the need for new housing, commercial spaces, and infrastructure. For instance, Saudi Arabia is planning to become one of the largest construction sites in the world, with approximately US$ 1.1 trillion of investment in infrastructure and real estate projects. These infrastructure and real estate development projects include Neom Super City, King Salman Park, Diriyah Gate, The Red Sea Projects, Jeddah Economic City, and Jeddah Central Projects. As cities expand, the construction of high-rise buildings and large-scale projects necessitates AWP for safe and efficient construction. AWPs provide a safe and efficient means for workers to access these elevated areas. As construction projects become more complex, with taller buildings and intricate structures, there is a growing need for equipment that can provide increased vertical reach. Boom lifts and scissor lifts, which are common types of AWPs, are designed to meet these requirements. AWPs are versatile and can be used for a wide range of construction tasks. These platforms are used while painting, doing electrical work, HVAC installation, or general maintenance, as they provide a flexible solution for accessing various work areas. As construction activities and infrastructure projects expand, the demand for aerial work platforms grows in tandem, driven by the need for safe, efficient, and versatile solutions for working at elevated heights. Thus, the growth in construction activities and infrastructure projects drives the aerial work platforms market.
On the contrary, load capacity limitations hurdle the growth of Middle East & Africa aerial work platform market.
Based on type, the Middle East & Africa aerial work platform market is segmented into scissor lifts, boom lifts, telehandlers, vertical mast lifts, and others. The scissor lifts segment held 60.0% market share in 2022, amassing US$ 559.77 million. It is projected to garner US$ 972.70 million by 2030 to register 7.2% CAGR during 2022-2030.
In terms of end user, the Middle East & Africa aerial work platform market is segmented into construction, utility, mining, transport & logistics, and others. The construction segment held 61.1% share of Middle East & Africa aerial work platform market in 2022, amassing US$ 569.58 million. It is anticipated to garner US$ 1,019.78 million by 2030 to expand at 7.6% CAGR during 2022-2030.
Based on country, the Middle East & Africa aerial work platform market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 39.4% share of Middle East & Africa aerial work platform market in 2022. It was assessed at US$ 366.97 million in 2022 and is likely to hit US$ 639.81 million by 2030, registering a CAGR of 7.2% during 2022-2030.
Key players operating in the Middle East & Africa aerial work platform market IMER International SpA, Terex Corp, Tadano Ltd, Sany Palfinger SPV Equipment Co Ltd, Jinan Nostec Equipment Co Ltd, JLG Industries Inc, and Xuzhou Construction Machinery Group Co Ltd, among others.
In June 2023, JLG unveiled the X660SJ compact crawler boom lift. The X660SJ boasts a platform height of 65 feet, 7 inches, a 500-pound capacity for up to two people, a 39-foot horizontal reach, and the ability to be used both indoors and outdoors.
In January 2022, JLG Industries Inc partnered with RE2 Robotics, a developer of intelligent robotic mobile manipulation systems. The partnership aims to develop the integration of robotics and access equipment to increase operator safety and productivity on job sites.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa aerial work platforms market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa aerial work platforms market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Aerial Work Platforms Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material/Equipment Supplier
4.3.2 Manufacturer
4.3.3 End-User
5. Middle East & Africa Aerial Work Platforms Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth in Construction Activities and Infrastructure Projects
5.1.2 Rise in Ongoing Maintenance Requirements
5.1.3 Focus on Workplace Safety
5.2 Market Restraints
5.2.1 High Initial Costs
5.2.2 Load Capacity Limitations
5.3 Market Opportunities
5.3.1 Increasing Trend of Renting Equipment
5.3.2 Customization and Specialized Applications
5.4 Future Trends
5.4.1 Growing Demand for Electric and Hybrid-powered Aerial Work Platforms
5.5 Impact of Drivers and Restraints:
6. Aerial Work Platforms Market – Middle East & Africa Analysis
6.1 Aerial Work Platforms Market Revenue (US$ Million), 2022-2030
6.2 Aerial Work Platforms Market Forecast Analysis
7. Middle East & Africa Aerial Work Platforms Market Analysis – by Type
7.1 Scissor Lifts
7.1.1 Overview
7.1.2 Scissor Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Boom Lifts
7.2.1 Overview
7.2.2 Boom Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Telehandlers
7.3.1 Overview
7.3.2 Telehandlers: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Vertical Mast Lifts
7.4.1 Overview
7.4.2 Vertical Mast Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Aerial Work Platforms Market Analysis – by End user
8.1 Construction
8.1.1 Overview
8.1.2 Construction: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Utility
8.2.1 Overview
8.2.2 Utility: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Mining
8.3.1 Overview
8.3.2 Mining: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Transport & Logistics
8.4.1 Overview
8.4.2 Transport & Logistics: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Aerial Work Platforms Market -Country Analysis
9.1 Middle East & Africa Market Overview
9.1.1 Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast Analysis – by Country
9.1.1.1 Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast Analysis – by Country
9.1.1.2 South Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 South Africa: Aerial Work Platforms Market Breakdown, by Type
9.1.1.2.2 South Africa: Aerial Work Platforms Market Breakdown, by End user
9.1.1.3 Saudi Arabia: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Saudi Arabia: Aerial Work Platforms Market Breakdown, by Type
9.1.1.3.2 Saudi Arabia: Aerial Work Platforms Market Breakdown, by End user
9.1.1.4 United Arab Emirates: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 United Arab Emirates: Aerial Work Platforms Market Breakdown, by Type
9.1.1.4.2 United Arab Emirates: Aerial Work Platforms Market Breakdown, by End user
9.1.1.5 Rest of Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.5.1 Rest of Middle East & Africa: Aerial Work Platforms Market Breakdown, by Type
9.1.1.5.2 Rest of Middle East & Africa: Aerial Work Platforms Market Breakdown, by End user
10. Industry Landscape
10.1 Overview
10.2 Market Initiative and Product Development
10.3 Merger and Acquisition
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Company Profiles
12.1 IMER International SpA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tadano Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Terex Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sany Palfinger SPV Equipment Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Jinan Nostec Equipment Co., Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 JLG Industries, Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Xuzhou Construction Machinery Group Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams
Table 1. Aerial Work Platforms Market Segmentation
Table 2. Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 4. Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 5. Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 6. South Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 7. South Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 8. Saudi Arabia: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 9. Saudi Arabia: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 10. United Arab Emirates: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 11. United Arab Emirates: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 12. Rest of Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 13. Rest of Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 14. Heat Map Analysis by Key Players
Figure 1. Aerial Work Platforms Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Aerial Work Platforms Market
Figure 4. Aerial Work Platforms Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Aerial Work Platforms Market Revenue (US$ Million), 2022-2030
Figure 7. Aerial Work Platforms Market Share (%) – by Type (2022 and 2030)
Figure 8. Scissor Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Boom Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Telehandlers: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Vertical Mast Lifts: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Aerial Work Platforms Market Share (%) – by End user (2022 and 2030)
Figure 14. Construction: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Utility: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Mining: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Transport & Logistics: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Others: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Middle East & Africa Aerial Work Platforms Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 20. Middle East & Africa: Aerial Work Platforms Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 21. South Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Saudi Arabia: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. United Arab Emirates: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Rest of Middle East & Africa: Aerial Work Platforms Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Company Positioning & Concentration
The List of Companies – Middle East & Africa Aerial Work Platform Market
1. IMER International SpA
2. Terex Corp
3. Tadano Ltd
4. Sany Palfinger SPV Equipment Co., Ltd
5. Jinan Nostec Equipment Co., Ltd
6. JLG Industries, Inc
7. Xuzhou Construction Machinery Group Co., Ltd
You must be logged in to post a review.
Reviews
There are no reviews yet.