The United States aerial equipment market was valued at USD 1584.9 Million in 2022.
The United States aerial equipment market is likely to grow at a CAGR of 9.5% between 2023 and 2030, reaching USD 3275.78 Million in 2030.
Scissor lifts are the leading segment by aerial work platforms, holding over 34% share in value in 2022.
The construction and infrastructure segment governs the US demand for aerial equipment, holding a massive share of over 25% in 2022.
The electric-powered equipment segment will post the highest CAGR in the projection period.
The top players include Terex Corporation, JLG Industries, Skyjack, Snorkel International, Haulotte Group, ReachMaster, Aichi Corporation, Teupen USA, Morbark LLC, Manitex International, and Others.
The major market drivers of the United States aerial equipment industry include robust construction and infrastructure demand and a heightened focus on safety and efficiency in elevated work tasks.
The major market restraints of the United States aerial equipment industry encompass regulatory challenges and compliance, as well as the substantial initial costs and capital expenditure associated with acquiring aerial equipment.
The major market opportunities of the United States aerial equipment industry include technological advancements and innovation, such as telematics and automation, as well as the development of sustainable and eco-friendly solutions to align with environmental trends.