Boom lifts are a type of aerial platforms generally used to lift up any person or object to reach at inaccessible places very easily. Boom lifts are generally powered by hydraulic machines and very useful in situation, where a person has to go at some inaccessible places. Boom lifts are usually vehicle or truck mounted and can move in all direction. Boom lifts are capable of working in situation like fire and flood to save peoples life. Apart from this, boom lifts are extremely useful in construction industries also. Boom lifts have a wide range of application includes aerospace, construction, and maintenance of telecommunication towers.
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 growth in construction of commercial and residential buildings in developing nations across APAC is driving the need for boom lifts in the region. The need for residential construction will further increase with the rising disposable income and rapid urbanization. Also, the relaxation of strict regulations will encourage investments in the manufacturing sector. For instance, India is relaxing its foreign direct investment (FDI) restrictions in many industrial sectors such as civil aviation and construction. This will boost growth in the manufacturing sector and fuel the adoption of articulating boom lift in the region.
The global Boom Lifts market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Boom Lifts volume and value at global level, regional level and company level. From a global perspective, this report represents overall Boom Lifts market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Boom Lifts in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Boom Lifts manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Aichi
Altec Industries
Haulotte Group
Tadano
Terex
ASPAC Group
Elliott Equipment Company
JLG Industries
Manitex International
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Telescopic Boom Lifts
Articulating Boom Lifts
Trailer Mounted Boom Lifts
Bucket Trucks
Towable Boom Lifts
Segment by Application
Construction Industry
Oil & Gas Industry
Mining Industry
Aerospace
Shipping and Port Building
Others
Summary:
Get latest Market Research Reports on Boom Lifts. Industry analysis & Market Report on Boom Lifts is a syndicated market report, published as Global Boom Lifts Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Boom Lifts market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.