Mobile Elevating Work Platform (MEWP) Market Research Report, Its History and Forecast 2024 to 2031

Market Overview and Report Coverage

A Mobile Elevating Work Platform (MEWP) is a type of aerial work platform used to provide temporary access for maintenance, construction, and other work at height. MEWPs are typically equipped with a platform that can be raised and lowered, allowing workers to perform tasks safely at various heights.

The future outlook of the Mobile Elevating Work Platform (MEWP) Market is promising, with a projected growth at a CAGR of % during the forecasted period. The market is expected to expand due to increasing demand for construction and maintenance activities in various industries. Additionally, the focus on worker safety and the implementation of stringent regulations regarding working at height are driving the adoption of MEWPs.

Current trends in the market include the development of advanced MEWP models with enhanced safety features, improved efficiency, and increased flexibility. There is also a growing demand for electric-powered MEWPs due to their eco-friendly nature and reduced operating costs.

Overall, the Mobile Elevating Work Platform (MEWP) Market is poised for steady growth, driven by the increasing need for safe and efficient access solutions in various industries.

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Market Segmentation

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

• < 10 m
• 10-20 m
• >20 m

Mobile Elevating Work Platforms (MEWP) are classified into three main categories based on platform height: <10m, 10-20m, and >20m. MEWPs with a height of <10m are commonly used for indoor maintenance and construction tasks, while those in the 10-20m range are ideal for mid-level exterior work. MEWPs with a height of >20m are suitable for high-rise construction and maintenance projects. Each market segment caters to specific verticals and industries, providing safe and efficient access for work at various heights.

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

• Municipal
• Garden Engineering
• Telecommunication
• Construction
• Others

Mobile Elevating Work Platforms (MEWPs) find application in various industries such as municipal, garden engineering, telecommunication, construction, and others. In the municipal sector, MEWPs are used for maintenance of public infrastructure. In garden engineering, they aid in landscaping and maintenance of gardens and parks. Telecommunication industry utilizes MEWPs for installing and repairing communication equipment. In the construction sector, MEWPs are used for tasks like painting, maintenance, and repairs. MEWPs also find application in other industries for various aerial work tasks.

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In terms of Region, the 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 Mobile Elevating Work Platform (MEWP) market?

The global mobile elevating work platform (MEWP) market is experiencing several emerging and current trends. One major trend is the increasing demand for MEWPs in the construction industry due to the rise in urbanization and infrastructure development projects. Another trend is the growing focus on enhancing safety features and efficiency in MEWPs, leading to the development of advanced technologies such as sensors and automation. Additionally, the market is seeing a shift towards electric and hybrid MEWPs in response to the need for more environmentally friendly solutions. Overall, these trends are shaping the MEWP market towards sustainable growth and innovation.

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Major Market Players

The Mobile Elevating Work Platform (MEWP) market is highly competitive with key players such as Terex, JLG, Aichi, Haulotte, Skyjack, and Tadano dominating the industry. These companies offer a wide range of MEWPs for various applications, including construction, maintenance, and industrial work.

Among these players, Terex has shown significant growth in recent years, with a strong presence in North America and Europe. The company focuses on innovation and expanding its product portfolio to cater to the evolving needs of customers. JLG, a division of Oshkosh Corporation, is another major player in the MEWP market, known for its high-quality products and focus on safety and efficiency.

Haulotte, a French company, has also been gaining traction in the market with its diverse range of MEWPs and emphasis on sustainable practices. Skyjack, a subsidiary of Linamar Corporation, is known for its reliable and cost-effective machines suitable for a wide range of applications.

In terms of market size, the MEWP market is expected to witness steady growth in the coming years, driven by increasing construction activities, maintenance work, and infrastructure development globally. The market size is expected to reach over $9 billion by 2027, with a CAGR of around 7%.

Some of the leading companies in the MEWP market, such as JLG and Haulotte, have reported sales revenue in the range of $2-3 billion annually. These companies continue to invest in research and development to introduce technologically advanced and efficient MEWPs to meet the growing demands of customers. Additionally, with the rising focus on safety regulations and environmental sustainability, companies are increasingly focusing on developing eco-friendly MEWPs to cater to the evolving market trends.

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