Access Equipment – 5 Key Facts

The Access Equipment market can be sectioned into non-powered access and powered access equipment.  Where the non-powered access equipment market is mature with little scope for product development, the powered access market is most definitely more dynamic and is seeing a steady rise of new technologies entering the market.

Our 5 Key Facts brings you the essential insight from this market.

1, The access equipment market contracted by 13% in 2020, but rebounded more rapidly than expected in 2021, with growth of 11%, and is forecast to grow by a further 16% between 2021 and 2026.

2, Mobile elevating work platforms (MEWPs) represent the largest segment of the access equipment market, accounting for 48% of the total market.

3, Non-powered access equipment accounts for 43% of the total market, with ladders making up the largest share of this product segment, followed by scaffolding and access towers. Specialist equipment (suspended access and mast climbers) makes up the remainder of the market.

4, The MEWP market tends to grow faster than the non-powered market due to switching from non-powered to powered products for low level access applications and innovations driving the introduction of MEWPs with value-added features.

5, The hire/rental sector is the largest distribution channel for access equipment (representing 50% of the total market), due to its particular importance for the MEWP sector, where it accounts for an estimated 80% of manufacturers’ sales.