Global Boom Trucks Market Growth 2023-2029

Global Boom Trucks Market Growth 2023-2029

Boom Trucks are vehicles mounted with telescopic boom crane equipment to lift cargo or workers in applications such as logistics, maintenance, and construction. These Boom Trucks enable workers to carry and maneuver freight or load as required. These Boom Trucks feature a variety of specifications such as lifting capacity, lifting reach, payload & hauling capacity, and application.

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

This Insight Report provides a comprehensive analysis of the global Boom Trucks 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 Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boom Trucks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boom Trucks and breaks down the forecast by capacity, 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 Trucks.

The global Boom Trucks 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.

In Americas (North America and South America), Boom Trucks key players include Manitowoc, Terex, Altec, etc. Global top three manufacturers hold a share about 60%.

North America is the largest market, with a share about 60%, followed by North America, with a share about 40 percent.

In terms of product, Below 25 Ton is the largest segment, with a share over 75%. And in terms of application, the largest application is Utility, followed by Construction, Oil and Gas, etc.

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

Market Segmentation:

Segmentation by capacity
Below 25 Ton
Between 25 Ton to 50 Ton
Above 50 Ton

Segmentation by application
Utility
Construction
Oil and Gas
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.
Manitowoc
Terex
Altec
Elliott
Manitex
Tadano

Key Questions Addressed in this Report

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

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

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

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

How does Boom Trucks break out capacity, 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.