Articulating Boom Mobile Elevating Work Platform (MEWP) Market Trends and Market Analysis forecasted for period 2024-2031

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5 min read

Market Overview and Report Coverage

An Articulating Boom Mobile Elevating Work Platform (MEWP) is a type of aerial work platform that consists of a main boom arm with multiple hinged sections, allowing for increased flexibility and reach compared to other types of MEWPs. These platforms are commonly used in construction, maintenance, and other industries where workers need to reach elevated areas safely.

The Articulating Boom Mobile Elevating Work Platform (MEWP) Market is expected to grow at a CAGR of % during the forecasted period. The current outlook for the market is positive, with increasing demand for MEWPs due to growth in the construction and infrastructure sectors globally. Companies in this market are focusing on product innovation and technology advancements to meet the growing needs of their customers.

The future of the Articulating Boom Mobile Elevating Work Platform (MEWP) Market looks promising, with a strong emphasis on safety, efficiency, and productivity driving market growth. The latest market trends include the integration of IoT and telematics technology for remote monitoring and maintenance, as well as the development of hybrid and electric MEWPs to reduce emissions and operating costs. Overall, the MEWP market is expected to continue to expand in the coming years as industries increasingly rely on these versatile platforms for their work at height needs.

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Market Segmentation

The Articulating Boom Mobile Elevating Work Platform (MEWP) Market Analysis by types is segmented into:

  • Electric
  • Hybrid Power
  • Fuel Power

 

The Articulating Boom MEWP market is segmented into three types based on power source: Electric, Hybrid Power, and Fuel Power. Electric MEWPs are powered by batteries and are environmentally friendly. Hybrid Power MEWPs use a combination of electric and diesel power for increased versatility. Fuel Power MEWPs run on diesel or gasoline for extended reach and power in outdoor applications. Each type offers unique advantages and caters to different customer needs in the construction and maintenance industries.

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The Articulating Boom Mobile Elevating Work Platform (MEWP) Market Industry Research by Application is segmented into:

  • Aviation & Aerospace
  • Petrochemical
  • Electricity
  • Construction
  • Advertise
  • Ship
  • Other

 

Articulating Boom MEWPs are widely used in various industries including aviation & aerospace, petrochemical, electricity, construction, advertising, shipbuilding, and other markets. In aviation & aerospace, these platforms are used for maintenance and repair work on aircraft. In petrochemical and electricity industries, they are used for maintenance of infrastructure in hazardous environments. In construction, they are essential for working at height safely. The advertising industry uses them for installing billboards, while the shipbuilding industry utilizes them for maintenance and construction tasks.

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In terms of Region, the Articulating Boom Mobile Elevating Work Platform (MEWP) Market Players available by Region are:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

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What are the Emerging Trends in the Global Articulating Boom Mobile Elevating Work Platform (MEWP) market?

Emerging trends in the global articulating boom MEWP market include a shift towards more environmentally-friendly and energy-efficient models, as well as the integration of advanced technologies such as IoT and telematics for improved fleet management. Current trends in the market include the increasing demand for rental services due to the high cost of purchasing these machines, as well as a focus on improving safety features and operator comfort. Additionally, there is a growing emphasis on the development of lightweight and compact MEWPs for easier transport and maneuverability in tight spaces.

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Major Market Players

The articulating boom mobile elevating work platform (MEWP) market is highly competitive and consists of several key players like XCMC, Zhejiang Dingli Machinery, JLG, and Haulotte among others. These companies are constantly innovating and updating their product portfolio to stay ahead in the market.

One of the leading players in the market is XCMC, which offers a wide range of articulating boom MEWPs that are known for their durability and versatility. The company has witnessed steady market growth over the past few years, driven by strong demand from the construction, industrial, and infrastructure sectors.

Another major player is Zhejiang Dingli Machinery, a Chinese company that specializes in manufacturing aerial work platforms. The company has been expanding its market presence globally and has seen significant growth in sales revenue in recent years.

JLG, a subsidiary of Oshkosh Corporation, is a well-established player in the articulating boom MEWP market. The company is known for its high-quality products and has a strong presence in North America and Europe.

Haulotte, a French company, is also a key player in the market. The company offers a wide range of articulating boom MEWPs that are popular for their efficiency and safety features.

In terms of market trends, the articulating boom MEWP market is witnessing a growing demand for electric-powered machines, driven by increasing emphasis on environmental sustainability and energy efficiency. Companies in the market are also focusing on developing advanced safety features and remote monitoring technologies to enhance user safety and operational efficiency.

Overall, the articulating boom MEWP market is expected to witness steady growth in the coming years, driven by ongoing infrastructure development activities and increasing demand from the construction and industrial sectors.

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