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Boom Truck Market to grow by USD 574 48 Mn; APAC to have 42% market share -- Technavio

Worldwide Industry for Boom Trucks to 2028 - Players Include Altec, Manitex International and Interlake Crane Among Others

Share this article Share this article ResearchAndMarkets.com s offering. With the growing awareness regarding workplace safety and benefits offered by efficient powered lifting equipment, the global demand for boom trucks is presumed to witness strong growth during the forecast period 2020 - 2028. The growing need of meeting the housing demands of a huge population has triggered government and private investments in the construction and real estate sector, which, in turn, is further favoring market demand. The growing demand for boom lifts to lift workers and equipment during the construction process and for repair and maintenance is also further fueling the market growth. The ease of operation, the mobility offered, and safety provided by boom trucks have made them ideal solutions for infrastructure development, maintenance, and repair activities. In view of growing competition from rental service providers, OEMs across the globe are targeting industrial and infrastructure proj

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