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)

BMIRE00030441 | Pages: 79 | Manufacturing and Construction | Jul 2024 | Type: Regional | Status: Published

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; it is estimated to register a CAGR of 8.4% from 2022 to 2030.

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 Revenue and Forecast to 2030 (US$ Million)

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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.

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners 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 Insight Partners

List of Tables

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

List of Figures

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

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

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa aerial work platforms market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • 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.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • 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.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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