Press release
Global Boom Lift Marker Analysis and Sales Revenue by Top Players, Terex Corporation, Tadano, Galmon, Zoomlion Heavy Industry Science and Technology, Sany Heavy Industry, Altech Industries, XCMG Construction Machinery, KATO WORKS, Kobelco Construction Mac
In terms of production side, this report researches the Boom Lift capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Boom Lift by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
There different types of boom lifts available for construction and other industrial uses like Articulating Boom Lifts, Telescopic Boom Lifts, Straight Boom Lifts, Genie Boom lifts, Towable Boom Lifts. Boom lifts offers features like 360 degree rotatable and turntable, chassis width that provides access to congested work areas and narrow industrial aisle ways. Boom lifts allows smooth forward and backward steering and maneuvering of the machines from the work stage. The electric boom lifts are powered by batteries which can be recharged when needed. The towable boom lifts are mostly preferred as they allow to be towed behind vehicles with class3 and class2 hitch which are ideal for rentals. The telescopic boom lifts are called as straight or stick booms lifts which are mainly used for high reach capability. The boom lifts provides greater horizontal reach they are designed for productivity, the drive speed needed to get around the work area. Articulating boom lifts provides versatility with up and out and over positing capabilities which allows to work at height, safely and quickly. Hence the demand for boom lift is expected to grow in the forecasted period.
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.
The Boom Lift market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Boom Lift.
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This report includes the following manufacturers; we can also add the other companies as you want.
Terex Corporation
Tadano
Galmon
Zoomlion Heavy Industry Science and Technology
Sany Heavy Industry
Altech Industries
XCMG Construction Machinery
KATO WORKS
Kobelco Construction Machinery
FURUKAWA UNIC CORPORATION
Columbus McKinnon Corporation
Market Segment by Product Type
Articulating Boom Lifts
Telescopic Boom Lifts
Straight Boom Lifts
Genie Boom lifts
Towable Boom Lifts
Market Segment by Application
Construction Industry
Mining Industry
Oil & Gas Industry
Shipping & Port Building
Automotive Industry
Aerospace
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