Boom Trucks Market was valued at USD 482.2 million in 2021 and is expected to grow at a CAGR of 1% between 2022 and 2028. The demand for boom trucks in the construction industry is important. This element is further enhanced by the latest technological advances and the truck is well equipped with features such as tracking, vehicle management and telematics solutions. The market is further aided by the provision of equipment rental services by major market participants. Increased investment in new and existing infrastructure projects during the forecast period is expected to drive market growth.
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Top Major Key Players Industries
● Manitowoc
● Terex
● Altec
● Elliott
● Manitex
● Tadano
By product type
Crane
Bucket
By vehicle
Class 4
Class 5
Class 6
Class 7
Class 8
By application
Construction
Logistics
Utilities
Others
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Scope of the Report
The research study analyzes the global Boom Trucks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Boom Trucks Market Report
What was the Boom Trucks Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Boom Trucks Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Boom Trucks Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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