The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing need for construction activities is projected to take the boom lifts market forward.

The global boom lifts market size is expected to grow from $10.28 billion in 2022 to $11.08 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The global boom lifts market size is expected to reach $14.42 billion in 2027 at a CAGR of 6.8%.

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Global Boom Lifts Market Segments Include:

• By Type: Articulating Boom Lifts, Telescopic Boom Lifts, Straight Boom Lifts, Genie Boom lifts, Towable Boom Lifts
• By Movement Type: Mobile, Fixed
• By Engine Type: Electric, Engine Powered
• By End User: Rental, Construction And Building, Mining, Transportation And Logistics, Landscaping And Orchard Work, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global boom lifts market in 2021.

Major Market Players in the boom lifts market include Terex Corporation, Tadano Ltd., Galmon, Zoomlion Heavy Industry Science&Technology Co. Ltd., Sany Heavy Industry Co. Ltd., Altec Industries., Xuzhou Construction Machinery Group Co. Ltd.

Technological developments are a major trend that is gaining traction in the boom lifts market. To strengthen their market position, major boom lift businesses are focusing on producing revolutionary products using cutting-edge technology. JLG Industries, a US-based manufacturer of telehandlers and mobile elevating work platforms (MEWPs), for example, will release the JLG 670SJ self-leveling boom lift featuring self-leveling technology in September 2021. At a class-leading 67-foot platform height, this boom lift is designed to automatically adjust to terrain on slopes up to 10 degrees in any orientation while driving with full operation. The 670SJ’s self-leveling technology is designed to adjust the boom lift’s chassis to ground conditions and handle uneven terrain while travelling at height from one duty to another.

The Boom Lifts Global Market Report 2023  provides a boom lifts market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The boom lifts market forecast analyzes boom lifts market size, boom lifts market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Boom lifts are a type of articulated platform lift that makes it easier to reach difficult regions and heights. A boom lift is a handy piece of construction equipment. It can raise both horizontally and vertically.

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