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Aerial Work Platform Truck Market in Boom lifts application segment to grow at 18.7% CAGR from 2016 to 2024.

Increasing material handling demand, especially in manufacturing units and other facilities will fuel the aerial work platform truck market size.

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Aerial Work Platform Truck Market in Boom lifts application segment to grow at 18.7% CAGR from 2016 to 2024.

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  1. Transport & logistics will account for more than 20% of the Aerial Work Platform Truck market share by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Key Insights from of AWP Market: • Europe AWP truck market size is expected to exceed USD 2 billion by 2024 owing to stringent regulations pertaining to safety norms. Economic growth, increase in urbanization, developing telecommunication networks, rising investments in infrastructure & investment, and adoption of sophisticated and efficient construction equipment will drive industry demand over the forecast timeline. • Increasing material handling demand, especially in manufacturing units and other facilities will fuel the aerial work platform truck market size. Growing construction and installations of solar, wind and other energy projects will further contribute to revenue growth in the coming years. • Growing technological developments in hydraulic or electric platforms to address emission standards on account of considerable environmental considerations will positively impact the industry growth.

  3. Application Analysis of AWP Market: • Transport & logistics will account for more than 20% of the aerial work platform truck market share by 2024. This can be credited to rising infrastructure construction and procurement of bulk maintenance projects. • Government sector is expected to grow at over 17.5% over the next few years. Growth of military and government in utility business and service industry along with adoption of rental equipment will support industry demand over the forecast timeframe. • Features such as easy lifting & smart transportability, comfort & agility, easy platform access, high-precision driving and onboard diagnostics will boost the vertical mast lift market demand over the forecast timeframe. Middle East and Africa will witness demand upsurge owing to changing regulatory scenario and rising government investments for infrastructure developments

  4. Browse Full Market Research Report On AWP Market @ http://bit.ly/2q3j3dH Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/689

  5. Stay In Touch Website: www.gminsights.com Social Media:

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