Boom Trucks Market Expectations and Growth Trends Highlighted Until 2030

Lakewood, Colorado, 2023-MAR-18— /EPR Network/ — According to the Regional Research Reports, the global boom trucks market is expected to reach USD 4.32 billion by 2030 from USD 2.73 billion in 2021. The global boom trucks market size is projected to grow at a CAGR of 5.2% from 2022 to 2030. This is due to increased construction industry usage and the demand for coal mining activities.

Boom Trucks are used to transport and unload large amounts of cargo. They are in high demand because they can be used for various purposes such as construction, agriculture, and mining.

Boom Trucks are a type of aerial work platform. They are used for many purposes and can be mounted on a truck or other vehicle. Boom Trucks can be used for various industrial applications and other purposes such as in forestry, construction, and utility work.

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Global Boom Trucks Market Segmentation

Regional Research Reports has segmented the global boom trucks market based on capacity, vehicle class, product type, and application at a regional and global level. Geographically, the research report has considered the five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.

Global Boom Trucks Market Analysis, by Capacity

  • Below 10 Metric Tons
  • 10 to 20 Metric Tons
  • 20 to 30 Metric Tons
  • 30 to 40 Metric Tons
  • 40 to Metric Tons
  • Above 50 Metric Tons

Global Boom Trucks Market Analysis, by Vehicle Class

  • Class 4
  • Class 5
  • Class 6
  • Class 7
  • Class 8

Global Boom Trucks Market Analysis, by Product Type

  • Behind the Cab Mount
  • Rear Mount
  • Swing Seat

Global Boom Trucks Market Analysis, by Application

  • Infrastructure
  • Commercial Construction
  • Power & Utility
  • Industrial / Petrochemical
  • Residential

Global Boom Trucks Market Growth, by Region and Country, 2018-2021, 2022-2030 (US$ Millions)

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Global Boom Trucks Market Analysis, by Region and Country

  • North America (US, Canada, Mexico)
  • Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
  • The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)

Global Boom Trucks Market Competitive: Key Players

The report includes a detailed analysis of leading market players, such as:

  • Key companies Boom Trucks revenues in global market, 2018-2021 (Estimated), (US$ Millions)
  • Key companies Boom Trucks revenues market share in global market, 2021 (%)
  • Key companies Boom Trucks sold in the global market, 2018-2021 (Estimated)

Leading Boom Trucks Manufacturers –

  • Terex Corporation
  • Manitowoc Cranes
  • Palfinger AG
  • Tadano Ltd.
  • Bronto Skylift, Inc.
  • Ruthmann GmbH
  • Aichi Corporation
  • Manitex International Inc.
  • Henan Symmen Machinery Co.
  • Altec Inc.
  • Elliott Equipment Company
  • CTE Group SPA
  • Link Belt Cranes L.P.

(Note: The list of the key market players can be updated with the latest market scenario and trends)

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Boom Trucks Market Report Covers Comprehensive Analysis On:

  • Market Segmentation & Regional Analysis
  • Market Size of 10 years
  • Pricing Analysis
  • Supply & Demand Analysis
  • Product Life Cycle Analysis
  • Porter’s Five Forces & Value/Supply Chain Analysis
  • Developed & Emerging Economies Analysis
  • PESTEL Analysis
  • Market and Forecast Factor Analysis
  • Market Opportunities, Risks, & Trends
  • Conclusion & Recommendation
  • Regulatory Landscape
  • Patent Analysis
  • Competition Landscape
  • 15+ Company Profiles

Boom Trucks Market Research Methodology

The report is based on analysis through extensive secondary research and primary Interviews.

The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.

Similarly following is the list of a few paid secondary sources/databases,

  • Factiva
  • Statista
  • D&B Hoovers
  • Owler
  • Enlyft
  • HG Insights
  • Bloomberg
  • Crunchbase

The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.

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For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,

  • Top Player’s historic revenues and Year on Year Growth
  • Top Players’ regional presence and revenue patterns
  • Recent Developments and strategies of vendors and end users (E.g., Mergers & Acquisitions, Partnerships, New Product Launch, and others)
  • R&D Investments & Innovation Landscape
  • Start-up Ecosystem and Funding Initiatives
  • Regulatory Environment and Implications (Country or region Specific)

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  • The 20% of the customization in this market is offered free of charge with the purchase of any license of the report
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