Boom Lifts - Global Strategic Business Report

The global market for Boom Lifts is estimated at US$11.4 Billion in 2023 and is projected to reach US$15.5 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the boom lifts market is driven by several factors, including the increasing demand for construction and maintenance activities, the expansion of infrastructure projects, and advancements in lift technology. The construction boom in both residential and commercial sectors, particularly in emerging economies, is driving the need for efficient and safe access solutions. Infrastructure development projects, such as roadways, bridges, and public buildings, also require boom lifts for various construction and maintenance tasks. Technological advancements, such as the development of more compact and lightweight designs, improved battery technology, and telematics systems for real-time monitoring and diagnostics, are enhancing the appeal and functionality of boom lifts. These factors, combined with stringent safety regulations and the need for efficient maintenance of aging infrastructure, are propelling the growth of the boom lifts market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Engine-Powered Boom Lifts segment, which is expected to reach US$10.1 Billion by 2030 with a CAGR of a 4.3%. The Electric Boom Lifts segment is also set to grow at 4.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.1 Billion in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $3.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Boom Lifts Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Boom Lifts Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Boom Lifts Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Dinolift, Galmon (S) Pte. Limited, Genie Industries, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 36 Featured):

• Dinolift
• Galmon (S) Pte. Limited
• Genie Industries
• Haulotte Group
• JLG Industries, Inc.
• Leguan Lifts Oy
• Mantall Heavy Industry Co., Ltd.
• Niftylift (UK) Limited
• Sany Group Co., Ltd.
• Shandong Chufeng Heavy Industry Machinery Group Co., Ltd.
• Skyjack
• Tadano Ltd.
• Terex Corporation
• Teupen Maschinenbau GmbH
• Zoomlion Heavy Industry Science & Technology Co., Ltd.;