Press release
Boom Lift Market : Opportunities and Forecasts during 2017 - 2025
To view complete report @ http://www.persistencemarketresearch.com/market-research/boom-lift-market.asp
Global Boom lift Market: Market Dynamics
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.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/16354
Global Boom lift Market: segmentation overview
The construction industry has higher rate of boom lift usage followed by mining industry. Mobile boom lifts are mostly preferred by end users as they can be moved from one place to another.
Global Boom lift Market: Regional overview
Based on the geographies, the global boom lift market is fragmented into seven key regions- Latin America, North America, Eastern Europe, and Western Europe, Middle East & Africa, Asia-Pacific except Japan and Japan. Among the regions mentioned above Asia pacific is expected to have a higher growth rate owing to the increase in the construction activity where India and China are major contributor to the revenue in the region, followed by Western Europe and Japan. Eastern Europe has a sluggish growth rate for the global boom lifts market, other than Asia pacific the global boom lifts market is expected to witness a steady growth rate. Overall the global boom lifts market is expected to grow at a positive growth rate for the forecasted period.
To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/16354
Global Boom lift market players
Some of the market players identified in the global boom lift market includes:
Terex Corporation
Tadano Ltd.
Galmon (Singapore)
Zoomlion Heavy Industry Science and Technology Co., Ltd.
Sany Heavy Industry Co., Ltd
Altech Industries
XCMG Construction Machinery Co., Ltd.
KATO WORKS CO., LTD.
Kobelco Construction Machinery Co., Ltd.
FURUKAWA UNIC CORPORATION
Columbus McKinnon Corporation
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