This report describes the global market size of Boom Truck from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 5.5% from 2024 to 2031.
Due to the COVID-19 pandemic, the global market for Boom Truck estimated at US 34.10 $ billion in the year 2023, is projected to reach a revised size of US 562.97$ million by 2031, growing at a CAGR of 5.5% during the forecast period 2024-2031.
A boom truck is a versatile piece of equipment commonly used in construction, utility work, and logistics industries. It combines the functions of a flatbed truck and a hydraulic crane, allowing it to transport heavy loads and lift them to various heights. The crane or "boom" is typically mounted on the rear or center of the truck, and its extendable arm can reach impressive heights, making it ideal for tasks such as placing construction materials on elevated platforms or performing maintenance on utility poles. Boom trucks come in a variety of configurations, with some equipped with a personnel bucket to lift workers, while others focus solely on material handling. These trucks can vary in size, with smaller models used for light-duty work and larger models designed for heavy-duty lifting. They are highly valued for their mobility and ability to perform multiple tasks, reducing the need for separate cranes and transport vehicles on job sites. Boom trucks can be operated from the ground or via a remote control system, depending on the model. Their adaptability, ease of use, and efficiency make them an essential tool in industries where precision lifting and transport are required. Safety features such as outriggers stabilize the truck during operation, ensuring safe and secure lifts.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Boom Truck as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Product Type:
Articulating Boom Trucks
Telescopic Boom Trucks
Boom trucks are categorized into two main product types: articulating boom trucks and telescopic boom trucks. Articulating boom trucks, also known as knuckle boom trucks, have a crane arm with multiple joints that allow the boom to fold or bend. This flexibility enables precise maneuvering in confined spaces, making them ideal for jobs that require reaching over or around obstacles, such as utility maintenance, tree trimming, or construction in tight areas. Articulating booms offer excellent versatility as they can lift heavy materials and position them accurately, even in hard-to-reach locations. On the other hand, telescopic boom trucks feature a straight, extendable boom that functions much like a traditional crane. The boom can be extended or retracted to various lengths, providing excellent vertical reach, often up to 200 feet or more, depending on the model. This type is best suited for tasks that require significant height and straightforward lifting, such as high-rise construction, signage installation, or elevated material placement. Unlike articulating booms, telescopic booms are more rigid and better suited for applications that require height rather than complex maneuverability. Both types offer unique advantages depending on the job requirements, with articulating models excelling in precision and flexibility, and telescopic models providing superior reach for vertical lifts.
By Lifting Capacity:
Below 10 Tons
1020 Tons
2140 Tons
4160 Tons
Above 60 Tons
Boom trucks are also classified based on their lifting capacity, which determines the weight they can safely lift and transport. These capacities are segmented into five categories: Below 10 tons, 1020 tons, 2140 tons, 4160 tons, and Above 60 tons.Below 10-ton capacity boom trucks are typically used for lighter tasks, such as residential construction, small-scale utility work, and light material handling. They are compact and highly maneuverable, ideal for urban environments where space is limited and heavy lifting is not required.1020-ton capacity boom trucks are designed for medium-duty tasks, commonly used in mid-sized construction projects, road maintenance, and general logistics. These trucks provide a balance between lifting power and mobility, making them versatile for a range of industries. For 2140-ton capacity boom trucks, the focus shifts to more industrial-scale applications, such as commercial construction, infrastructure projects, and equipment installation. These trucks offer greater lifting power without sacrificing too much mobility, making them highly useful in construction and utilities.
Boom trucks with a 4160-ton capacity are employed in heavy-duty applications, including large-scale building projects, bridge construction, and industrial plant maintenance. They are designed for lifting substantial loads and can often reach considerable heights, making them suitable for complex construction tasks. Finally, Above 60-ton capacity boom trucks are the most powerful in this range, used for the heaviest lifting tasks in industries like heavy equipment manufacturing, shipbuilding, and oil and gas infrastructure. These trucks can handle massive loads and are often equipped with specialized features to ensure safe, high-precision lifts in demanding environments.
By Boom Length:
Below 50 Feet
50100 Feet
101150 Feet
Above 150 Feet
Boom trucks are also categorized by boom length, which significantly impacts their operational capabilities and applications. Below 50 feet boom trucks are suitable for tasks requiring limited vertical reach, often used in residential projects, landscaping, and light maintenance work. These compact models are easy to maneuver in tight spaces while still providing sufficient lift for many common tasks. 50100 feet boom trucks offer a moderate range, making them ideal for commercial construction, tree trimming, and utility maintenance where a higher reach is necessary without the bulk of larger units. They provide a good balance between height and accessibility. 101150 feet boom trucks are designed for more demanding applications, such as high-rise construction, telecommunications, and large-scale maintenance. Their extended reach allows operators to perform complex lifts and reach elevated structures with precision.Finally, boom trucks with Above 150 feet of boom length are specialized for the most challenging jobs, including skyscraper construction, large infrastructure projects, and wind turbine installation. These trucks are engineered for maximum height and stability, enabling them to safely lift heavy loads at significant elevations, making them essential in industries where extreme vertical reach is required.
By End-User Industry:
Construction & Real Estate
Energy & Power
Transportation & Logistics
Telecommunication
Utilities
Forestry
Others
Boom trucks serve a diverse range of end-user industries, each benefiting from their unique lifting capabilities. In the construction and real estate sector, these trucks are invaluable for lifting materials to elevated sites, facilitating efficient building processes and site maintenance. The energy and power industry relies on boom trucks for tasks such as installing and repairing power lines and wind turbines, where height and precision are critical. In transportation and logistics, boom trucks assist in loading and unloading heavy cargo, streamlining operations in warehouses and distribution centers. The telecommunication sector utilizes them for installing and maintaining cellular towers, ensuring reliable communication networks.Utilities companies depend on boom trucks for infrastructure maintenance, allowing workers to reach and repair overhead lines and equipment safely. The forestry industry uses boom trucks for tree trimming, removal, and transporting heavy logs, enabling efficient land management and safety practices. Finally, the others category encompasses various applications, including emergency services, manufacturing, and entertainment, where boom trucks provide versatile solutions for lifting and transportation needs across multiple sectors.
Key players
Manitex International Inc
Terex Rough Terrain Cranes
Altec Industries
Elliott Equipment Company
PALFINGER AG
Tadano Ltd.
LIEBHERR
SANY Group
Zoomlion Heavy Industry Science&Technology Co.,Ltd.
The Manitowoc Company, Inc.
Cargotec Corporation head office
A Time Manufacturing Company
Custom Truck One Source
PM OIL & STEEL S.P.A
Iowa Mold Tooling Co., Inc.
Dur-A-Lift Inc.
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1.Boom Truck Outlook
3.1.2.Boom Truck Overview
3.2. Effect of Covid - 19 Impact
3.3. Macro - Economic Overview
3.3.1. GDP Growth
3.3.2. Retail Industry Growth
3.4. Pricing Analysis
3.5. Challenges related to adoption of Boom Truck
3.6. Regulations of Boom Truck
3.7. Forecast Factors: Relevance and Impact
3.8. Market Dynamics
3.8.1. Drivers
3.8.2. Restraints
3.8.3. Opportunity
3.8.4. Trends
3.8.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y - o - Y Projections
4.4. Absolute Opportunity Analysis
5. Global Boom Truck Value Chain Analysis
5.1.Boom Truck Value Chain
5.1.1. List of Raw Material Suppliers
5.1.2. List of Boom Truck Manufacturer
5.1.3. List of Segment
6. Global Boom Truck Analysis By Product Type
6.1. Introduction
6.1.1. Market Value Share Analysis By Product Type
6.1.2. Y - o - Y Growth Analysis By Product Type
6.2. Historical Market Size (USD Mn) Analysis 2018 - 2022By Product Type
6.3. Market Attractiveness Analysis By Product Type
7. GlobalBoom Truck Analysis By Lifting Capacity
7.1. Introduction
7.1.1. Market Value Share Analysis By Lifting Capacity
7.1.2. Y - o - Y Growth Analysis By Lifting Capacity
7.2. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Lifting Capacity
7.3. Market Attractiveness Analysis By Lifting Capacity
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Technology Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1.Manitex International Inc
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. Terex Rough Terrain Cranes
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. Altec Industries
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. Elliott Equipment Company
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. PALFINGER AG
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6. Tadano Ltd.
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7.LIEBHERR
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8. SANY Group
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9.Zoomlion Heavy Industry Science&Technology Co.,Ltd.
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10. The Manitowoc Company, Inc.
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11. Cargotec Corporation head office
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. A Time Manufacturing Company
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. Custom Truck One Source
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14. PM OIL & STEEL S.P.A
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15. Iowa Mold Tooling Co., Inc.
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Boom Truck Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y - o - Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia - Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023 - 2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia - Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Boom Truck Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023 - 2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018 - 2022By Product Type
11.5. Current Market Size (USD Mn) Forecast 2023 - 2030By Product Type
11.6. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Lifting Capacity
11.7. Current Market Size (USD Mn) Forecast 2023 - 2030 By Lifting Capacity
12. South America Boom Truck Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023 - 2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018 - 2022By Product Type
12.6. Current Market Size (USD Mn) Forecast 2023 - 2030By Product Type
12.7. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Lifting Capacity
12.8. Current Market Size (USD Mn) Forecast 2023 - 2030 By Lifting Capacity
13. Europe Boom Truck Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023 - 2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018 - 2022By Product Type
13.6. Current Market Size (USD Mn) Forecast 2023 - 2030By Product Type
13.7. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Lifting Capacity
13.8. Current Market Size (USD Mn) Forecast 2023 - 2030 By Lifting Capacity
14. Middle East and Africa Boom Truck Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023 - 2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia - Pacific Boom Truck Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018 - 2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia - Pacific
15.4. Current Market Size (USD Mn) Forecast 2023 - 2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia - Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Boom Truck, BPS Analysis,By Product Type, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Boom Truck, Y - O - Y Growth,By Product Type, 2020(A) - 2030(F)
Figure 03: Global Boom Truck Attractiveness Analysis, By Product Type (2020)
Figure 04: Global Boom Truck, BPS Analysis, By Lifting Capacity, 2018(H), 2023(E) & 2030(F)
Figure 05: Global Boom Truck, Y - O - Y Growth, By Lifting Capacity , 2018(H) - 2030(F)
Figure 06: Global Boom Truck Attractiveness Analysis, By Lifting Capacity
Figure 07: Global Boom Truck, Value Analysis, By Product Type, 2018(H) - 2030(F)
Figure 08: Global Boom Truck, Value Analysis, by Lifting Capacity, 2018(H) - 2030(F)
Figure 09: Global Boom Truck, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Boom Truck, Y - O - Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Boom Truck Attractiveness Analysis, by Region
Figure 12: North America Boom Truck Value (USD Mn Forecast, 2018 2022
Figure 13: North America Boom Truck Value (USD Mn Forecast, 2023 2030
Figure 14: South America Boom Truck Value (USD Mn) Forecast, 2018 2022
Figure 15: South America Boom Truck Value (USD Mn) Forecast, 2023 2030
Figure 16: Europe Boom Truck Value (USD Mn) Forecast, 2018 2022
Figure 17: Europe Boom Truck Value (USD Mn) Forecast, 2023 2030
Figure 18: Middle East and Africa Boom Truck Value (USD Mn) Forecast, 2018 2022
LIST OF TABLES
Table 01: Global Boom Truck Value (USD Mn) Forecast, By Product Type, 2018(H) 2030(F)
Table 02: Global Boom Truck Value (USD Mn) Forecast, By Lifting Capacity, 2018(H) 2030(F)
Table 03: Global Boom Truck Value (USD Mn) Forecast, By Country, 2018(H) 2030(F)
Table 04: North America Boom Truck Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 05: North America Boom Truck Value (USD Mn) Forecast, By Product Type, 2018(H) 2030(F)
Table 06: North America Boom Truck Value (USD Mn) Forecast, By Lifting Capacity, 2018(H) 2030(F)
Table 07: South America Boom Truck Value (USD Mn) Forecast, By Country, 2018(H) 2030(F)
Table 08: South America Boom Truck Value (USD Mn) Forecast, By Product Type, 2018(H) 2030(F)
Table 09: South America Boom Truck Value (USD Mn) Forecast, By Lifting Capacity, 2018(H) 2030(F)
Table 10: Europe Boom Truck Value (USD Mn) and Forecast, by Country, 2018(H) 2030(F)
Table 11: Europe Boom Truck Value (USD Mn) Forecast, By Product Type, 2018(H) 2030(F)
Table 12: Europe Boom Truck Value (USD Mn) Forecast, By Lifting Capacity EndUser, 2018(H) 2030(F)
Table 13: Middle East and Africa Boom Truck Value (USD Mn) Forecast, By Country, 2018(H) 2030(F)
Table 14: Middle East and Africa Boom Truck Value (USD Mn) Forecast, By Product Type, 2018(H) 2030(F)
Table 15: Middle East and Africa Boom Truck Value (USD Mn) Forecast, By Lifting Capacity , 2018(H) 2030(F)
Table 16: Asia - Pacific Boom Truck Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 17: Asia - Pacific Boom Truck Value (USD Mn) Forecast,By Product Type, 2018(H) 2030(F)
Table 18: Asia - Pacific Boom Truck Value (USD Mn) Forecast, By Lifting Capacity , 2018(H) 2030(F)