New Jersey, United States, – the Boom Truck Market The research report is a detailed study of the Boom Truck industry that specializes in identifying the Boom Truck market growth potential and potential opportunities in the market. Secondary research data comes from government publications, expert interviews, reviews, surveys and trusted journals. The data recorded spans a decade followed by a systematic review to conduct an in-depth study of the drivers in the boom truck market.

Boom Trucks market size has been growing at a good pace in recent years and is expected to grow at a CAGR of 5.24% over the forecast period i.e. 2021-2028.

A boom truck is a vehicle equipped with telescopic boom crane equipment that is used to move cargo or workers involved in logistics, maintenance, and construction. Workers can use boom trucks to move and handle freight or loads as needed. In general, different OEMs build the truck body and crane equipment, resulting in long-term partnerships and letters of intent. These boom trucks have multiple specifications including lift capability, lift reach, payload and transport capacity, and application. They have discovered uses for them in a variety of situations, including lifting workers for maintenance and inspection of skyscrapers and buildings, pumping concrete, and loading and unloading cargo from warehouses and other trucks. Boom trucks are used for several different aspects, some of them being hydraulic cranes, the first aspect of a boom truck that allows workers to lift heavy and sometimes unconventionally shaped items from the floor to the roof.

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The report encompasses a comprehensive analysis of the major market players in the market along with their business overview, expansion plans, and strategies. The main actors examined in the report include:

CTE Group SPA, Bronto Skylift, Axion Lift, Altec Inc., Aichi Corporation, Load King, Manitex Inc., Manitowoc Cranes, Palfinger AG, Tadano Ltd.

Market segmentation of boom trucks

Boom Truck Market, By Product Type

• Jib cranes
• Dump trucks

Boom Truck Market, by vehicle class

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

Boom Truck Market, By Application

• Rental
• Construction
• Utility
• Telecommunications

The Boom Trucks market report has been segmented based on various categories such as product type, application, end-user, and region. Each segment is rated based on CAGR, proportion and growth potential. In the regional analysis, the report highlights the potential region that is expected to create opportunities in the boom truck market in the years to come.

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Scope of Boom Truck Market Report

Report attribute details
Market size available for years 2021-2028
Base year taken into account 2021
Historical data 2015 – 2020
Forecast period 2021-2028
Quantitative units Revenue in MILLION USD and CAGR from 2021 to 2028
Covered segments Types, applications, end users and more.
Report coverage Sales forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Scope of adjustment Free report customization (equivalent to up to 8 working days for analysts) with purchase. Addition or change to the country, regional and segment scope.
Price and purchase options Benefit from customized purchase options to meet your exact research needs. Explore purchase options

Geographic segment covered in the report:

• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia Pacific (China, Japan, India and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)

Key questions answered in the report:

  • What is the growth potential of the boom truck market?
  • Which product segment will have the lion’s share?
  • Which regional market will emerge as a pioneer in the next few years?
  • Which application segment will grow strongly?
  • What growth opportunities could arise in the boom truck industry in the coming years?
  • What are the biggest challenges the boom truck market could face in the future?
  • Who are the leading companies in the boom truck market?
  • What are the main trends that have a positive impact on the growth of the market?
  • What growth strategies are the players considering to stay in the boom truck market?

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