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2017-2021 Boom Lifts Market (Global Research)

10-23-2017 11:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Press-Release

"Global Boom Lifts Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

Boom lifts belong to the aerial work platform market. An aerial work platform is a mechanical device that provides access to people or equipment to elevated areas that are usually inaccessible. They are generally used for temporary access for maintenance and construction work by mechanics or firefighters. This distinguishes them from permanent access equipment, such as elevators. They are designed to lift a limited range of weight, usually less than a ton, unlike many cranes. Some aerial work platforms have a higher safe working load (SWL) and can lift heavier weights.

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Technavios analysts forecast the global boom lifts market to grow at a CAGR of 18.22% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global boom lifts market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Boom Lifts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AICHI
Altec Industries
HAULOTTE GROUP
Tadano
Terex

Other prominent vendors
ASPAC Group
Elliott Equipment Company
JLG Industries (Oshkosh)
Manitex International
MEC
XCMG Group
Niftylift
Skyjack
Dinolift
TEUPEN
Snorkel

Market driver
Rising construction of high-rises
For a full, detailed list, view our report

Market challenge
Volatility in steel prices
For a full, detailed list, view our report

Market trend
Integration of IoT
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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