Global Aerial Work Platform (Awp) Aftermarket Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Telescopic, Articulating, Trailer Mounted, and Self-Propelled.

By Platform Height;

Below 10 Meters, 10 to 20 Meters, 20 to 25 Meters, and Above 25 Meters.

By Application;

Boom Lifts, Scissor Lifts, Vertical Mast Lifts, and Personal Portable Lifts.

By Product;

Electrical Parts, Mechanical Parts, Sensors, Engine Parts, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn844393931 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Aerial Work Platform (Awp) Aftermarket (USD Million), 2021 - 2031

In the year 2024, the Global Aerial Work Platform (Awp) Aftermarket Market was valued at USD 10,674.00 million. The size of this market is expected to increase to USD 19,764.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.

The Global Aerial Work Platform (AWP) Aftermarket represents a vital sector within the construction and industrial equipment industry, encompassing a wide array of maintenance, repair, and replacement services for AWP equipment. Aerial work platforms, ranging from scissor lifts and boom lifts to cherry pickers and mast lifts, play a crucial role in facilitating work at height across various sectors, including construction, maintenance, and utilities. As these machines become integral to everyday operations, the aftermarket sector emerges as a critical support system, ensuring the continued efficiency, safety, and reliability of AWP equipment throughout its operational lifespan.

With the expansion of construction and infrastructure projects worldwide, the demand for AWP equipment and aftermarket services experiences a corresponding surge. Construction companies, industrial facilities, and rental companies rely on aftermarket providers to deliver timely maintenance, repair, and replacement solutions to keep AWP equipment operational and compliant with safety regulations. Moreover, as workplace safety standards become increasingly stringent, the aftermarket sector plays a pivotal role in ensuring that AWP equipment meets regulatory requirements and operates safely in diverse environments.

The Global Aerial Work Platform (AWP) Aftermarket is characterized by a competitive landscape, with OEMs, aftermarket service providers, and third-party vendors vying for market share. OEMs leverage their technical expertise and brand reputation to offer aftermarket services directly to customers, while aftermarket companies focus on delivering specialized solutions and value-added services to differentiate themselves in the market. Additionally, collaboration between OEMs and aftermarket service providers for service contracts and partnerships further enriches the aftermarket ecosystem, offering customers a diverse range of maintenance options and ensuring the continued growth and innovation of the Global Aerial Work Platform (AWP) Aftermarket.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Platform Height
    3. Market Snapshot, By Application
    4. Market Snapshot, By Product
    5. Market Snapshot, By Region
  4. Global Aerial Work Platform (Awp) After Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Maintenance and Repair Services
        2. Stringent Safety Regulations and Compliance Standards
        3. Growing Adoption of Rental and Leasing Models
        4. Technological Advancements in Aftermarket Products
        5. Expansion of Construction and Infrastructure Projects Globally
      2. Restraints
        1. High Costs Associated with Aftermarket Parts and Services
        2. Limited Availability of Skilled Technicians
        3. Complexity of Aerial Work Platform Systems
        4. Challenges in Retrofitting Older Equipment
        5. Competition from Third-Party Service Providers
      3. Opportunities
        1. Rising Focus on Equipment Efficiency and Productivity
        2. Development of Predictive Maintenance Solutions
        3. Expansion into Emerging Markets with Untapped Potential
        4. Integration of Digital Technologies for Remote Monitoring and Diagnostics
        5. Collaboration with Original Equipment Manufacturers (OEMs) for Service Contracts
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competetive Rivalry
  5. Market Segmentation
    1. Global Aerial Work Platform (Awp) Aftermarket, By Application, 2021 - 2031 (USD Million)
      1. Telescopic
      2. Articulating
      3. Trailer Mounted
      4. Self-Propelled
    2. Global Aerial Work Platform (Awp) Aftermarket, By Application, 2021 - 2031 (USD Million)
      1. Below 10 Meters
      2. 10 to 20 Meters
      3. 20 to 25 Meters
      4. Above 25 Meters
    3. Global Aerial Work Platform (Awp) Aftermarket, By Application, 2021 - 2031 (USD Million)
      1. Boom Lifts
      2. Scissor Lifts
      3. Vertical Mast Lifts
      4. Personal Portable Lifts
    4. Global Aerial Work Platform (Awp) Aftermarket, By Product, 2021 - 2031 (USD Million)
      1. Electrical Parts
      2. Mechanical Parts
      3. Sensors
      4. Engine Parts
      5. Others
    5. Global Aerial Work Platform (Awp) Aftermarket, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Rest of Latin America
        2. Argentina
        3. Mexico
        4. Brazil
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
        5. Competitive Landscape
  6. Competitive Landscape
    1. Company Profiles
      1. Genie
      2. MEC Aerial Work Platforms
      3. JLG industries
      4. AE Filters
      5. Mitra Setia Group
      6. Curtiss Wright
      7. TVH
      8. SkyGuard
      9. Provincial-Lift
  7. Analyst Views
  8. Future Outlook of the Market