openPR Logo
Press release

Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International Inc., Altec Inc., Elliott Equipment Company, Tadano Ltd., Palfinger AG, Aichi Corporation, Link Belt, Versalift, CTE group SPA, Tadano Ltd.

07-06-2022 01:33 PM CET | Logistics & Transport

Press release from: KD Market Insights

Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex

The bucket trucks are utilitarian vehicles having a hydraulic pole or boom with a bucket at one end that can transport cargo or people. The hydraulic pole pulls the person up with the help of the bucket, allowing him to continue working while being safe. Additionally, these vehicles can be affixed to trailers or commercial vans.

They are extensively employed in many different industries, including the management of vegetation, lighting, signage, and telecommunications. For a variety of tasks, including lifting personnel to pump concrete, inspecting and maintaining high-rise structures and buildings, and loading and unloading freight from warehouses or other trucks, bucket trucks are in high demand.

During the projected period, the market for bucket trucks is anticipated to grow at a CAGR of 4.2%. The market is expanding primarily as a result of the growing demand for bucket trucks in the utility, telecommunications, and power transmission industries.

Download Request for Sample@


Global urbanisation and rapid industrialisation have increased the need for new infrastructure construction. This has prompted a rise in the use of bucket trucks. Additionally, massive amounts of money are being spent by governments and the private sector globally on building infrastructure, which is further boosting the market's expansion. The amount that regional governments are investing to improve the current infrastructure is increasing as part of their smart city plans. Singapore, for instance, declared plans to invest $1 billion in a smart city effort in 2021.

Additionally, the flexibility and height-adjustability of the platform provided by bucket trucks enables workers in the utilities and construction sectors to carry out their duties more safely and effectively. It is a dependable and secure substitute for ladders and scaffoldings that are used for building or maintenance tasks at high elevations. This element has a considerable impact on bucket truck demand.

However, the high price required to buy these trucks may restrain market expansion to some extent throughout the projection year. The utilisation of premium parts and pneumatic components contributes to the high price of these trucks. Due to the high cost of buying new bucket trucks, a growing number of participants in the construction industry prefer to use rented or used equipment, which poses a challenge to the market's expansion. On the other side, rising infrastructure spending in developing nations like China, Brazil, and India opens up attractive market expansion prospects.

Request for TOC @


By Lifting Capacity:
• < 500 Kg
• 500 - 1000 Kg
• > 1000 Kg

By Type:
• Articulated
• Telescopic

By Model:
• Standard
• Hybrid

By Insulation Type:
• Insulated
• Non-insulated

By Application:
• Construction
• Utility [Electric, Water]
• Telecommunication
• Forestry

By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa


• Manitowoc Cranes
• Manitex International Inc.
• Altec Inc.
• Elliott Equipment Company
• Tadano Ltd.
• Palfinger AG
• Aichi Corporation
• Link Belt
• Versalift
• CTE group SPA
• Tadano Ltd.

Read More Information:

Contact Us:

Company Name: KD Market Insights
Address: 150 State Street, Albany,
New York, USA 12207
Phone: +1 (518) 300-1215

About Us:

KD Market Insights is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in-depth to provide our clients with better strategies to stand out in the market.

Our report covers the current market status, opportunities available in the market, growth plans, and emerging trends in order to cater to the evolving needs of the customers. We help businesses around the globe with operational improvements, technologies, emerging market trends which in-depth boost the company's growth in the future. The reports prepared by us are customized according to the client's needs. We inculcate high morale and ethics while preparing our report which helps in building long-term relationships with our clients.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International Inc., Altec Inc., Elliott Equipment Company, Tadano Ltd., Palfinger AG, Aichi Corporation, Link Belt, Versalift, CTE group SPA, Tadano Ltd. here

News-ID: 2672683 • Views: 1081

More Releases from KD Market Insights

Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, Toyota Motor Corp, Ford Motor Company, Cruise Car Inc., Mahindra & Mahindra Limited, Venturi, General Motors, Volkswagen AG., Solar Electric Vehicle Company, Hanergy Holding
Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, …
The solar-powered automobile is an electric car that draws its power from the sun. The photovoltaic cells are used to transform solar energy into electrical power to drive the vehicle. On such vehicles, solar panels with photovoltaic cells are attached. Electricity is generated by solar panels and stored in batteries. The car's charged batteries power the motor, which acts as the vehicle's engine and propels the vehicle forward. The demand
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV, CARGOTEC (Kalmar), CVS FERRARI S.P.A., MAFI Transport Systems GmbH, Hoist Liftruck Mfg., LLC, Konecranes, SINOTRUK (HONG KONG) LIMITED, AUTOCAR, LLC., BYD Company Limited, C
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV …
The trailer terminal tractor is a specialized truck created for the quick, safe, and effective movement of semi-trailers or cargo containers. It is intended specifically for material loading and unloading. It operates quickly and efficiently, has a quick turnaround time, high level of dependability, good mobility, delivers exceptional comfort, and has servicing points that are conveniently located. To handle semi-trailers, roll trailers, container chassis, and heavy-duty trailers, it is mostly
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD Market Insights
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD M …
The Global robotics as a service market was valued at USD 1.8 Billion as of the year 2019 and is expected to grow to about USD 6.8 Billion by 2025’s end and growing at an annual compound growth rate (CAGR) of 6 percent during the timeframe 2019-2025. Robotics as a Service (RaaS) is an aspect of artificial intelligence (AI) that integrates cloud computing with shared service. Companies are increasingly adopting this Robot as a
Fat Replacers Market to witness Healthy Growth; Manufacturers in the Asia-Pacific Region will Witness Significant Growth Opportunities- 2025
Fat Replacers Market to witness Healthy Growth; Manufacturers in the Asia-Pacifi …
According to KD market insights Fat Replacers Market report 2025, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Fat Replacers Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Fat Replacers Market is based on company profiles and their efforts on increasing product value

All 5 Releases

More Releases for Manitowoc

Boom Trucks Market 2021 Precise Outlook - Manitowoc, Altec, Elliott, Manitex
The "Boom Trucks" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Boom Trucks Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification,
Manitowoc Extends Distribution Deal with TRT Australia
Manitowoc Cranes has renewed their distribution deal with TRT Australia covering Manitowoc and Grove cranes in Queensland, extending the agreement already in place, with a new long-term deal. Lawrence Baker, TRT’s Chief Operating Officer says, “The commitment from Manitowoc to our growing Australian operations is in line with our strategic growth plans and reaffirms our commitment to our long-term presence both here in Queensland and Australia as a whole. Earlier
Truck Market Is Booming Worldwide | Manitowoc, Terex, Altec, Elliott, Manitex
Global Truck Market Insights, Forecast to 2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Truck Market. Some of the key players profiled in the study are Manitowoc, Terex, Altec, Elliott, Manitex &
Global Crawler Cranes Market 2018-2025 Transhipper, Liebherr, Tadano, Manitowoc
A market study "Global Crawler Cranes Market" examines the performance of the Crawler Cranes market 2018. It encloses an in-depth Research of the Crawler Cranes market state and the competitive landscape globally. This report analyzes the potential of Crawler Cranes market in the present and the future prospects from various angles in detail. The Global Crawler Cranes Market 2018 report includes Crawler Cranes market Revenue, market Share, Crawler Cranes industry volume,
Global Mobile Crane Market Research Report 2017 : Liebherr, Manitowoc, Tadano
Qyresearchreports include new market research report "Global Mobile Crane Market Research Report 2017" to its huge collection of research reports. This fresh business and commerce study on the global Mobile Crane market has been developed by a group of professional and experienced research analysts and aspires to serve as a reliable decision-making document for the stockholders connected to the value chain. The primary objective of the report is to minutely define
Cooking Equipment Market Forecasts to 2017-2022 ITW, Manitowoc, Siemens, Middleb …
Global Cooking Equipment Market Research Report Recently published a detailed market study on the "Cooking Equipment Market" across the global, regional and country level. The report on the global Cooking Equipment market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The Cooking Equipment market report further provides production, capacity, Cooking Equipment market price per region, gross margin, production cost, for