Aerial Work Platform - Business Model

Business Model

AWPs are often bought by equipment rental companies, who then rent them out to construction companies or individuals needing these specialised machines. The market for these machines is known to be marked by especially strong boom and bust cycles, and after a great demand in the 1990s (with up to 70,000 AWPs sold per year in the United States) the market crashed in the early 2000s, leading to a strong contraction amongst the manufacturers.

Read more about this topic:  Aerial Work Platform

Famous quotes containing the words business and/or model:

    The elements of success in this business do not differ from the elements of success in any other. Competition is keen and bitter. Advertising is as large an element as in any other business, and since the usual avenues of successful exploitation are closed to the profession, the adage that the best advertisement is a pleased customer is doubly true for this business.
    Madeleine [Blair], U.S. prostitute and “madam.” Madeleine, ch. 5 (1919)

    For an artist to marry his model is as fatal as for a gourmet to marry his cook: the one gets no sittings, and the other gets no dinners.
    Oscar Wilde (1854–1900)