With Toyota Forklift's introduction of the new AICHI Vertical Mast lift for construction and maintenance work, the market for aerial work platforms (AWP) is expected to grow quickly.

One of the most widely used applications in architecture, engineering, and landscape design is aerial work platforms (AWPs). These platforms provide for aerial support services, construction, and even aerial photography. Any flat surface—including a building, roof, skylight, or even the ground—can support aerial platform platforms. But only two factors—stability and mobility—are taken into account when most systems are created. Two fundamental components are present in aerial work platform systems. The aerial lift itself, which is typically made of a combination of metal, wood, fiberglass, and aluminum, is the first of these. This is then connected to the platform by aerial cable systems, cables, ropes, or pulleys. A mast at the bottom of a typical aerial work platform can extend up to three thousand feet above the earth.

Future growth of the worldwide Aerial Work Platforms (AWP) market is anticipated to be driven by the development of technologically improved access platforms. Research and development efforts are prioritized by major market players in order to diversify their product offerings and obtain a competitive edge. For instance, Zoomlion unveiled two new aerial work products in November 2018: the ZT16J straight-arm aerial work operation platform and the ZA14J curved-arm aerial work platform. Additionally, Manitou Asia, a division of Manitou Group, unveiled the 280 TJ-X, an aerial work platform with the maximum operating height, in October 2020. Therefore, throughout the forecast period, such activities are anticipated to stimulate the expansion of the worldwide aerial work platforms (AWP) market. Aerial work platform (AWP) market expansion is anticipated to be boosted in the near future by rising infrastructure projects in Indonesia and Thailand as well as rising investment in mining projects in Latin America.

The expansion of the global aerial work platforms (AWP) market, however, is anticipated to be constrained in the near future by the scarcity of operators with the necessary skills and the high cost of these platforms. The aerial work platforms (AWP) market is anticipated to grow significantly across all geographic regions during the projected period. This is because infrastructures for public transportation, like airports, metro stations, and train stations, are receiving more investment. Additionally, expanding the use of AWO on building sites to safely lift personnel and equipment to greater heights will help the regional economy.

Aichi Corporation, Zoomlion Heavy Industry Science, CTE, Zhejiang Dingli Machinery Co, Ltd., Dinolift OY, Skyjack, Haulotte Group, Teupen, Holland Lift International BV, Tadano Limited, and Hunan Sinoboom Heavy Industry Co. are important players in the worldwide aerial work platforms (AWP) industry. Ltd., Skyjack, JLG Industries, and Hunan Runshare Heavy Industry Company, Ltd.

For instance, Toyota Forklift introduced a new aerial work platform for construction and maintenance tasks called the AICHI Vertical Mast lift in May 2019.