Global Boom Lift Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Boom Lift Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Boom Lift market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

There different types of boom lifts available for construction and other industrial uses like Articulating Boom Lifts, Telescopic Boom Lifts, Straight Boom Lifts, Genie Boom lifts, Towable Boom Lifts. Boom lifts offers features like 360 degree rotatable and turntable, chassis width that provides access to congested work areas and narrow industrial aisle ways. Boom lifts allows smooth forward and backward steering and maneuvering of the machines from the work stage. The electric boom lifts are powered by batteries which can be recharged when needed. The towable boom lifts are mostly preferred as they allow to be towed behind vehicles with class3 and class2 hitch which are ideal for rentals. The telescopic boom lifts are called as straight or stick booms lifts which are mainly used for high reach capability. The boom lifts provides greater horizontal reach they are designed for productivity, the drive speed needed to get around the work area. Articulating boom lifts provides versatility with up and out and over positing capabilities which allows to work at height, safely and quickly. Hence the demand for boom lift is expected to grow in the forecasted period.

The global boom lift market is driven by growing demand for constructions across the geographies and various mega construction particularly in regions like Asia pacific. The government are making investments in development of infrastructure as well as the private sector are investing in mega constructions is driving the demand for global boom lifts. The boom lifts are widely used in road construction, mining operations, irrigation, urban infrastructures, airports, railways, ports construction etc. The market for boom lifts is restrained due to the increase in focus of end users towards procurement of used boom lifts due to high cost of new equipment’s, end users tend to maintain the existing boom lifts and do not invest in new lifts.

The Global Info Research report includes an overview of the development of the Boom Lift industry chain, the market status of Construction Industry (Articulating Boom Lifts, Telescopic Boom Lifts), Mining Industry (Articulating Boom Lifts, Telescopic Boom Lifts), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Boom Lift.

Regionally, the report analyzes the Boom Lift markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Boom Lift market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Boom Lift market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Boom Lift industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Articulating Boom Lifts, Telescopic Boom Lifts).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Boom Lift market.

Regional Analysis: The report involves examining the Boom Lift market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Boom Lift market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Boom Lift:

Company Analysis: Report covers individual Boom Lift manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Boom Lift This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction Industry, Mining Industry).

Technology Analysis: Report covers specific technologies relevant to Boom Lift. It assesses the current state, advancements, and potential future developments in Boom Lift areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Boom Lift market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Boom Lift market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Articulating Boom Lifts
Telescopic Boom Lifts
Straight Boom Lifts
Genie Boom lifts
Towable Boom Lifts

Market segment by Application
Construction Industry
Mining Industry
Oil & Gas Industry
Shipping & Port Building
Automotive Industry
Aerospace

Major players covered
Terex Corporation
Tadano
Galmon
Zoomlion Heavy Industry Science and Technology
Sany Heavy Industry
Altech Industries
XCMG Construction Machinery
KATO WORKS
Kobelco Construction Machinery
FURUKAWA UNIC CORPORATION
Columbus McKinnon Corporation

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Boom Lift product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Boom Lift, with price, sales, revenue and global market share of Boom Lift from 2019 to 2024.

Chapter 3, the Boom Lift competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Boom Lift breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Boom Lift market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Boom Lift.

Chapter 14 and 15, to describe Boom Lift sales channel, distributors, customers, research findings and conclusion.