Aerial Work Platform Truck Market by Product and Application - Global Industry Analysis and Forecast to 2022
Published On : October 2017 Pages : 112 Category: Construction & Building Materials Report Code : HI10260
Industry Outlook and Trend Analysis
The global Aerial Work Platform Truck market was worth USD 1.50 billion in the year of 2017 and is expected to reach approximately USD 8.20 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 16.50% during the forecast period. In 2017, the global aerial work platform (AWP) truck market was valued at over USD 2 billion. The increasing demand across the telecommunication industry, particularly in Taiwan, Brazil, Indonesia, India and China is anticipated to boost the development of the industry in the upcoming years. Increasing maintenance and repair activities in developed nations like North America and Europe may additionally boost the development of the aerial work platform truck market. Increasing investment by the government and rapid advancement in the infrastructure combined with developing private interest in the real-estate segment; especially in Asia Pacific is additionally assessed to raise demand throughout the following couple of years. The business is poised for development due to rising requirement for material handling hardware in production units and industrial facilities combined with developing concerns in regards to safety of workers.
Product Outlook and Trend Analysis
Aerial work platform truck items for the most part involve boom lifts, personal portable lifts, scissor lifts and vertical mast lifts. Boom lifts are expected to display high development and record for most of the part of the overall industry throughout the following couple of years. In 2017, vertical mast lifts and scissor lifts represented more than 45% of the worldwide aerial work platform truck industry. Expanding demand in maintenance and establishment applications may boost scissor lifts demand throughout the following couple of years. Furthermore, operational advantages offered by scissor lifts, for example, moving ability in tight spaces may likewise boost item demand substantially.
End-Use Outlook and Trend Analysis
The end-use segments comprise transport & logistics, telecommunication, construction and government sectors. The construction division is relied upon to hold larger part of the overall industry and in addition develop significantly attributable to expanding government and private investment in the real-estate section and infrastructure improvement. Developing concerns with respect to worker safety is likewise expected to fuel item demand in this segment. The telecommunication segment is anticipated to display high infiltration and development over the figure time frame. This might be ascribed to a surge in requirement especially for pertinent infrastructure over the telecommunication area fundamentally in emerging nations, for example, India, China and Brazil. The transport & logistics industry is also anticipated to encounter significant development due to rising requirement for material handling in production units.
Regional Outlook and Trend Analysis
Asia Pacific Aerial work platform truck market is anticipated to reflect high development by virtue of developing infrastructure and substantial investments, both in the business and household division. Smartphone procreation and the related requirement for enhanced telecom foundation may emphatically affect the business demand over the conjecture time frame. North America and Europe aerial work platform truck markets are foreseen to witness noteworthy development attributable to different up-degrees and remodel exercises in these locales. The stringent administrative situation in these regions relating to safety standards may boost product request. Latin America and MEA may likewise witness an upsurge in requirement, which might be ascribed to changing administrative situation and ascend in government investment for infrastructure improvement. Also, developing number of substantial construction activities particularly in Middle-east nations is expected to spur item demand over the upcoming years.
Competitive Insights
The aerial work platform truck market is dominated by Bronto Skylift Oy Ab, Tadano Limited, HUNAN RUNSHARE HEAVY INDUSTRY CO., Aichi Corporation, Teupen USA, Inc., RUTHMANN GmbH & Co, Terex and Altec Inc. Advancement and new item separation to serve distinctive application sections may emerge as a key development methodology. Mergers and acquisitions likewise shape a part of center business technique. Industry members compete in terms of new item advancement, evaluating and upgraded dispersion platforms in their offer to pick up favorable position. Several producers and vendors focus on creating boom-supported and low-weight elevating aerial platforms that meet the end-client prerequisites adequately. Further, organizations concentrate on automating fabricating process in order to upgrade item quality and dependability. Organizations likewise stress on joint endeavors and associations for fortifying worldwide impression. Moreover, mergers and acquisitions are likewise observed as a basic part of development technique and business extension by leading merchants.
The global aerial work platform market is segmented as follows-
By Product:
- Scissor Lifts
- Boom Lifts
- Vertical Mast Lifts
- Personnel Portable Lifts
By Application:
- Telecommunication
- Government
- Construction
- Transport & Logistics
- Other Applications
By Region:
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2022?
- What will be the industry market growth from 2017 to 2022?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
- Aerial Work Platform Truck Market, By Product, Estimates and Forecast, 2012-2022 ($Million)
- Scissor Lifts
- Boom Lifts
- Vertical Mast Lifts
- Personnel Portable Lifts
- Aerial Work Platform Truck Market, By Application, Estimates and Forecast, 2012-2022 ($Million)
- Telecommunication
- Government
- Construction
- Transport & Logistics
- Other Applications
- Aerial Work Platform Truck Market, By Region, Estimates and Forecast, 2012-2022 ($Million)
- North America
- North America Aerial Work Platform Truck Market, By Country
- North America Aerial Work Platform Truck Market, By Product
- North America Aerial Work Platform Truck Market, By Application
- U.S. Aerial Work Platform Truck Market, By Product
- U.S. Aerial Work Platform Truck Market, By Application
- Canada Aerial Work Platform Truck Market, By Product
- Canada Aerial Work Platform Truck Market, By Application
- Mexico Aerial Work Platform Truck Market, By Product
- Mexico Aerial Work Platform Truck Market, By Application
-
- Europe
- Europe Aerial Work Platform Truck Market, By Country
- Europe Aerial Work Platform Truck Market, By Product
- Europe Aerial Work Platform Truck Market, By Application
- Germany Aerial Work Platform Truck Market, By Product
- Germany Aerial Work Platform Truck Market, By Application
- France Aerial Work Platform Truck Market, By Product
- France Aerial Work Platform Truck Market, By Application
- UK Aerial Work Platform Truck Market, By Product
- UK Aerial Work Platform Truck Market, By Application
- Italy Aerial Work Platform Truck Market, By Product
- Italy Aerial Work Platform Truck Market, By Application
- Spain Aerial Work Platform Truck Market, By Product
- Spain Aerial Work Platform Truck Market, By Application
- Rest of Europe Aerial Work Platform Truck Market, By Product
- Rest of Europe Aerial Work Platform Truck Market, By Application
-
- Asia-Pacific
- Asia-Pacific Aerial Work Platform Truck Market, By Country
- Asia-Pacific Aerial Work Platform Truck Market, By Product
- Asia-Pacific Aerial Work Platform Truck Market, By Application
- Japan Aerial Work Platform Truck Market, By Product
- Japan Aerial Work Platform Truck Market, By Application
- Australia Aerial Work Platform Truck Market, By Product
- Australia Aerial Work Platform Truck Market, By Application
- India Aerial Work Platform Truck Market, By Product
- India Aerial Work Platform Truck Market, By Application
- South Korea Aerial Work Platform Truck Market, By Product
- South Korea Aerial Work Platform Truck Market, By Application
- Rest of Asia-Pacific Aerial Work Platform Truck Market, By Product
- Rest of Asia-Pacific Aerial Work Platform Truck Market, By Application
- Asia-Pacific
-
- Rest of the World
- Rest of the World Aerial Work Platform Truck Market, By Country
- Rest of the World Aerial Work Platform Truck Market, By Product
- Rest of the World Aerial Work Platform Truck Market, By Application
- Brazil Aerial Work Platform Truck Market, By Product
- Brazil Aerial Work Platform Truck Market, By Application
- South Africa Aerial Work Platform Truck Market, By Product
- South Africa Aerial Work Platform Truck Market, By Application
- Saudi Arabia Aerial Work Platform Truck Market, By Product
- Saudi Arabia Aerial Work Platform Truck Market, By Application
- Turkey Aerial Work Platform Truck Market, By Product
- Turkey Aerial Work Platform Truck Market, By Application
- United Arab Emirates Aerial Work Platform Truck Market, By Product
- United Arab Emirates Aerial Work Platform Truck Market, By Application
- Others Aerial Work Platform Truck Market, By Product
- Others Aerial Work Platform Truck Market, By Application
- Rest of the World
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rapid growth of infrastructure
3.2.1.2. Rising urbanization and increasing safety concerns
3.2.2. Restraints
3.2.2.1. Lack of Awareness
3.2.3. Opportunities
3.2.3.1. Development of Technologically Advanced Infrastructure
4. Aerial Work Platform Truck Market, By Product
4.1. Introduction
4.2. Aerial Work Platform Truck Market Assessment and Forecast, By Product, 2012-2022
4.3. Scissor Lifts
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Boom Lifts
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Vertical Mast Lifts
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.6. Personnel Portable Lifts
4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Aerial Work Platform Truck Market, By Application
5.1. Introduction
5.2. Aerial Work Platform Truck Market Assessment and Forecast, By Application, 2012-2022
5.3. Telecommunication
5.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.4. Government
5.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.5. Construction
5.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.6. Transport & Logistics
5.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.7. Other Applications
5.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
6. Aerial Work Platform Truck Market, By Region
6.1. Introduction
6.2. Aerial Work Platform Truck Market Assessment and Forecast, By Region, 2012-2022 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.3.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.3.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.3.3.1. U.S.
6.3.3.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.3.3.1.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.3.3.2. Canada
6.3.3.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.3.3.2.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.3.3.3. Mexico
6.3.3.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.3.3.3.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.4.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.3.1. Germany
6.4.3.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.1.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.3.2. France
6.4.3.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.2.2. Market Assessment and Forecast, By Applications, 2012-2022 ($Million)
6.4.3.3. UK
6.4.3.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.3.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.3.4. Italy
6.4.3.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.3.5. Spain
6.4.3.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.3.6. Rest of Europe
6.4.3.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.5.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.1. Japan
6.5.3.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.1.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.2. China
6.5.3.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.2.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.3. Australia
6.5.3.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.3.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.4. India
6.5.3.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.5. South Korea
6.5.3.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.3.6. Rest of Asia-Pacific
6.5.3.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.6.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.1. Brazil
6.6.3.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.1.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.2. Turkey
6.6.3.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.2.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.3. Saudi Arabia
6.6.3.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.3.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.4. South Africa
6.6.3.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.5. United Arab Emirates
6.6.3.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.3.6. Others
6.6.3.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
7. Company Profiles
7.1. Bosch Rexroth AG
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.2. BONFIGLIOLI RIDUTTORI S.P.A.
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. AICHI STEEL CORPORATION
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Bronto Skylift Oy
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. CTE
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Galipoglu Hidromas Hydraulic Automotive Industry and Trading Co. Ltd.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. HUSCO International
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Hydraforce Inc.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9. Ognibene Power SPA
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10. RUTHMANN GmbH & Co. KG
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.11. Shenyang North Traffic Heavy Industry Group
7.11.1. Business Overview
7.11.2. Product Portfolio
7.11.3. Strategic Developments
7.12. Suomen Vaimennin Oy
7.12.1. Business Overview
7.12.2. Product Portfolio
7.12.3. Strategic Developments
List of Tables
Table 1.Aerial Work Platform Truck Market, By Product ($Million), 2012-2022
Table 2.Scissor Lifts Market, By Region ($Million), 2012-2022
Table 3.Boom Lifts Market, By Region ($Million), 2012-2022
Table 4.Vertical Mast Lifts Lifts Market, By Region ($Million), 2012-2022
Table 5.Personnel Portable Lifts Market, By Region ($Million), 2012-2022
Table 6.Aerial Work Platform Truck Market, By Application ($Million), 2012-2022
Table 7.Telecommunication Market, By Region ($Million), 2012-2022
Table 8.Government Market, By Region ($Million), 2012-2022
Table 9.Construction Market, By Region ($Million), 2012-2022
Table 10.Transport & Logistics Market, By Region ($Million), 2012-2022
Table 11.Other Applications Market, By Region ($Million), 2012-2022
Table 12.Aerial Work Platform Truck Market, By Region ($Million), 2012-2022
Table 13.North America Aerial Work Platform Truck Market, By Country, 2012-2022 ($Million)
Table 14.North America Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 15.North America Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 16.U.S. Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 17.U.S. Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 18.Canada Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 19.Canada Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 20.Mexico Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 21.Mexico Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 22.Europe Aerial Work Platform Truck Market, By Country, 2012-2022 ($Million)
Table 23.Europe Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 24.Europe Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 25.Germany Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 26.Germany Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 27.France Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 28.France Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 29.UK Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 30.UK Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 31.Italy Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 32.Italy Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 33.Spain Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 34.Spain Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 35.Rest of Europe Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 36.Rest of Europe Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 37.Asia-Pacific Aerial Work Platform Truck Market, By Country, 2012-2022 ($Million)
Table 38.Asia-Pacific Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 39.Asia-Pacific Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 40.Japan Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 41.Japan Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 42.China Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 43.China Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 44.Australia Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 45.Australia Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 46.India Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 47.India Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 48.South Korea Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 49.South Korea Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 50.Rest of Asia-Pacific Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 51.Rest of Asia-Pacific Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 52.Rest of the World Aerial Work Platform Truck Market, By Country, 2012-2022 ($Million)
Table 53.Rest of the World Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 54.Rest of the World Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 55.Brazil Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 56.Brazil Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 57.Turkey Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 58.Turkey Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 59.Saudi Arabia Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 60.Saudi Arabia Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 61.South Africa Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 62.South Africa Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 63.United Arab Emirates Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 64.United Arab Emirates Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 65.Others Aerial Work Platform Truck Market, By Product, 2012-2022 ($Million)
Table 66.Others Aerial Work Platform Truck Market, By Application, 2012-2022 ($Million)
Table 67.Bosch Rexroth AG: Key Strategic Developments, 2017-2017
Table 68.BONFIGLIOLI RIDUTTORI S.P.A.: Key Strategic Developments, 2017-2017
Table 69.AICHI STEEL CORPORATION: Key Strategic Developments, 2017-2017
Table 70.Bronto Skylift Oy: Key Strategic Developments, 2017-2017
Table 71.CTE: Key Strategic Developments, 2017-2017
Table 72.Galipoglu Hidromas Hydraulic Automotive Industry and Trading Co. Ltd.: Key Strategic Developments, 2017-2017
Table 73.HUSCO International: Key Strategic Developments, 2017-2017
Table 74.Hydraforce Inc.: Key Strategic Developments, 2017-2017
Table 75.Ognibene Power SPA: Key Strategic Developments, 2017-2017
Table 76.RUTHMANN GmbH & Co. KG: Key Strategic Developments, 2017-2017
Table 77.Shenyang North Traffic Heavy Industry Group: Key Strategic Developments, 2017-2017
Table 78.Suomen Vaimennin Oy: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Aerial Work Platform Truck Market Share, By Product, 2012 & 2022 ($Million)
Figure 2.Aerial Work Platform Truck Market, By Application, 2012 & 2022 ($Million)
Figure 4.Aerial Work Platform Truck Market, By Region, 2017, ($Million)
Figure 5.BONFIGLIOLI RIDUTTORI S.P.A.: Net Revenues, 2017-2017 ($Million)
Figure 6.BONFIGLIOLI RIDUTTORI S.P.A.: Net Revenue Share, By Segment, 2017
Figure 7.BONFIGLIOLI RIDUTTORI S.P.A.: Net Revenue Share, By Geography, 2017
Figure 8.AICHI STEEL CORPORATION: Net Revenues, 2017-2017 ($Million)
Figure 9.AICHI STEEL CORPORATION: Net Revenue Share, By Segment, 2017
Figure 10.AICHI STEEL CORPORATION: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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