Global Boom Lifts Market Growth 2023-2029

Global Boom Lifts Market Growth 2023-2029

Boom lifts are a type of aerial platforms generally used to lift up any person or object to reach at inaccessible places very easily. Boom lifts are generally powered by hydraulic machines and very useful in situation, where a person has to go at some inaccessible places. Boom lifts are usually vehicle or truck mounted and can move in all direction. Boom lifts are capable of working in situation like fire and flood to save peoples life. Apart from this, boom lifts are extremely useful in construction industries also. Boom lifts have a wide range of application includes aerospace, construction, and maintenance of telecommunication towers.

LPI (LP Information)' newest research report, the “Boom Lifts Industry Forecast” looks at past sales and reviews total world Boom Lifts sales in 2022, providing a comprehensive analysis by region and market sector of projected Boom Lifts sales for 2023 through 2029. With Boom Lifts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boom Lifts industry.

This Insight Report provides a comprehensive analysis of the global Boom Lifts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boom Lifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boom Lifts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boom Lifts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boom Lifts.

The global Boom Lifts market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Boom Lifts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Telescopic Boom Lifts
Articulating Boom Lifts
Trailer Mounted Boom Lifts
Bucket Trucks
Towable Boom Lifts

Segmentation by application
Construction Industry
Oil & Gas Industry
Mining Industry
Aerospace
Shipping and Port Building
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aichi
Altec Industries
Haulotte Group
Tadano
Terex
ASPAC Group
Elliott Equipment Company
JLG Industries
Manitex International

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boom Lifts market?

What factors are driving Boom Lifts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boom Lifts market opportunities vary by end market size?

How does Boom Lifts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.