Product Code: ETC044299 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Aerial Work Platform Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 15.26% in 2026, following an initial rate of 14.30%, before easing to 8.96% at the end of the period.
The Saudi Arabia Aerial Work Platform market is projected to reach a value of US$XX by the end of 2031. The market has experienced major growth over the past few years and this trend is expected to continue in the coming years due to increasing demand for aerial work platforms from various sectors such as construction, oil & gas, transportation, utilities and others. Moreover, technological advancements like introduction of electric boom lifts are also expected to fuel the growth of aerial work platform market in Saudi Arabia.
Rise in government initiatives towards infrastructure expansion including residential complexes throughout Saudi Arabia have led to an increase in demand for new construction projects which require use of aerial work platforms for completion. Thus, surge in construction activities will further drive the growth of aerial work platform market during forecast period. Increasing Oil & Gas Activities - Increase in investments made by government towards oil & gas exploration activities along with rising fuel prices across world are amongst key factor that are driving growth of aerial work platform industry within Saudi Arabia. Technological Advancements - Introduction and development of advanced technology based AWPs such as automated boom lifts that can be operated using remote control devices is escalating its usage extensively among different industries like oil & gas etc., thereby boosting sales revenue within this regional sector.
High cost associated with purchase price and installation costs involved with deployment these systems restricts their adoption among small scale enterprises present across diverse regions thus limiting scope for potential earnings within respective regional segment during forecast timespan. Availability adequate skilled operators required for efficient operation and maintenance processes further limit widespread popularity associated with usage these equipment??s causing hindrance overall industry progress across region under review until 2025 timeline.
Due to COVID-19 pandemic outbreak, many businesses have been affected adversely due to global lockdown imposed by various governments across countries leading several industrial sectors including that of AWP industry to suffer losses throughout 2025. However with economies gradually opening up post lock down phase there is an increasing demand from various end user industries such as oil & gas companies and power utilities for usage of aerial work platforms (AWP). This rising demand shall be beneficial for players operating in this sector since it will help them recover their lost revenues due to Covid 19 crisis relatively quicker than other segments within construction equipment industry.
The major players operating in Saudi Arabia Aerial Work Platform Market include JLG Industries Inc., Manitou Group SAU, Haulotte Group SAU , Niftylift Ltd., Aichi Corporation , Ruthmann GmbH + Co KG, SkyJack Inc., Altec Industries Inc., Teupen Maschinenbau Gmbh & Co Kg among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Aerial Work Platform Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Aerial Work Platform Market - Industry Life Cycle |
3.4 Saudi Arabia Aerial Work Platform Market - Porter's Five Forces |
3.5 Saudi Arabia Aerial Work Platform Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.6 Saudi Arabia Aerial Work Platform Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Saudi Arabia Aerial Work Platform Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Saudi Arabia Aerial Work Platform Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Aerial Work Platform Market Trends |
6 Saudi Arabia Aerial Work Platform Market, By Types |
6.1 Saudi Arabia Aerial Work Platform Market, By Engine Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Engine Type, 2021-2031F |
6.1.3 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Engine-powered, 2021-2031F |
6.2 Saudi Arabia Aerial Work Platform Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Boom Lifts, 2021-2031F |
6.2.3 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Scissor Lifts, 2021-2031F |
6.2.4 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Vertical Mast Lifts, 2021-2031F |
6.2.5 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Personal Portable Lifts, 2021-2031F |
6.3 Saudi Arabia Aerial Work Platform Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Retail, Storage, and Warehouses, 2021-2031F |
6.3.4 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.3.5 Saudi Arabia Aerial Work Platform Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Aerial Work Platform Market Import-Export Trade Statistics |
7.1 Saudi Arabia Aerial Work Platform Market Export to Major Countries |
7.2 Saudi Arabia Aerial Work Platform Market Imports from Major Countries |
8 Saudi Arabia Aerial Work Platform Market Key Performance Indicators |
9 Saudi Arabia Aerial Work Platform Market - Opportunity Assessment |
9.1 Saudi Arabia Aerial Work Platform Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.2 Saudi Arabia Aerial Work Platform Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Saudi Arabia Aerial Work Platform Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Saudi Arabia Aerial Work Platform Market - Competitive Landscape |
10.1 Saudi Arabia Aerial Work Platform Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Aerial Work Platform Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |