Press release
GLOBAL TELESCOPIC BOOM LIFT MARKET (COVID-19 UPDATED) GROWTH, ANALYSIS AND FORECAST 2020 | GENIE, JLG, PRANGL, SINOBOOM, MEC
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 global Telescopic Boom Lift Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Telescopic Boom Lift market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Telescopic Boom Lift market.
With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Telescopic Boom Lift market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Telescopic Boom Lift market.
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Telescopic Boom Lift Market is valued at USD 5385.4 Million in 2018 and expected to reach USD 8339.06 Million by 2025 with the CAGR of 7.3% over the forecast period.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Telescopic Boom Lift Market: Genie, JLG, Prangl, Sinoboom, MEC, Niftylift.
Global Industry News: Genie launches S-80 J telescopic boom [March 25, 2020] :New model offers 300kg of unrestricted platform capacity and higher reach than existing models in its range.Genie has launched a new telescopic boom lift, the s-80 J, which is a higher reaching version of the S-60 J, another model it introduced recently.According to the Terex-owned powered access equipment manufacturer, both models are designed to provide the essential performance that operators need to get work done at height from a jibbed boom, with the new S-80 J offering an unrestricted platform capacity of 300kg, suitable for two occupants and their tools.
Its 1.8m jib is also a leading length and capacity for low-weight booms in this height category, said Genie. The model offers a working height of 26.4m and horizontal reach of 16.8m, providing operators with access at the top of the envelope, the manufacturer added.The new Genie S-80 J boom weighs 10.4t and is equipped with Genie's exclusive four-point TraX patented track and axle system, with the manufacturer claiming this to be the first and only boom model in the 24.4m category to offer a tracked option. The Genie TraX system helps in the model's terrainability and offers lower contact pressure for reduced damage when operating on sensitive ground surfaces, such as wet grass, mud, sand and snow, as well as on harder, uneven gravel, rock, concrete or asphalt-based surfaces.
JLG REDESIGNS 600 SERIES TELESCOPIC BOOM LIFTS; INTRODUCES TWO NEW MODELS March 7, 2017: JLG Industries, Inc., an Oshkosh Corporation company [NYSE:OSK] and a leading global manufacturer of aerial work platforms and telehandlers, has completely redesigned its 600 series telescopic boom lifts. Two new machines--the 600S and 660SJ--were launched today, with the 600S on display at Gold Lot booth #G3946 during CONEXPO 2017.
"Both machines offer class-leading platform capacity, allowing operators to bring more tools and material to the work area," said Paul Kreutzwiser, JLG Industries global category director, aerial work platforms. "The new 600S has an unrestricted capacity of 600 pounds, which represents a 20 percent increase over its prior model, with a restricted capacity of 1,000 pounds. The unrestricted capacity of the 660SJ has increased by 50 percent to 750 pounds, with a restricted capacity of 550 pounds."
Lift speeds on these new booms are faster with the ability to operate multiple functions at once significantly improved, enabling them to reach full height quickly for increased productivity. In addition, the machines are easier to transport. Their lighter-weight telescopic booms allow for multiple transport configurations. With a properly equipped truck, two of these units can be moved at one time without an overweight permit.
Global Telescopic Boom Lift Market Split by Product Type and Applications:
This report segments the global Telescopic Boom Lift market on the basis of Types are :
Boom Lift
Scissor Lift
On the basis of Application, the Global Telescopic Boom Lift market is segmented into:
Electricity
Municipal
Mining
Other
Regional Analysis For Telescopic Boom Lift Market:The report offers in-depth assessment of the growth and other aspects of the Telescopic Boom Lift market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
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INFLUENCE OF THE TELESCOPIC BOOM LIFT MARKET REPORT:
-Comprehensive assessment of all opportunities and risk in the Telescopic Boom Lift market.
- Telescopic Boom Lift market recent innovations and major events.
-Detailed study of business strategies for growth of the Telescopic Boom Lift market-leading players.
-Conclusive study about the growth plot of Telescopic Boom Lift market for forthcoming years.
-In-depth understanding of Telescopic Boom Lift market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Telescopic Boom Lift market.
WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Telescopic Boom Lift Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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