Global Boom Truck Market Comprehensive Study 2021-2028

 

In 2021, the Global Boom Truck Market’s size was valued at USD 1378.5 billion and is estimated to reach USD 4210.2 billion by 2028 and is expected to be growing at a CAGR of 5.9 % throughout the forecast period. In this report, 2021 has been taken as the base year while 2020 is the historical year. The forecast year for the report is 2028 to approximate the size of the market for Boom Truck.

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The top players in the market are:

·         Manitowoc (US)

·         Manitex International Inc. (US)

·         Elliott Equipment Company (US)

·         Liebherr-International AG (Switzerland)

·         Load King (US)

·         Altec Industries (US)

·         Fassi Gru S.p.A. (Italy)

·         XCMG Group (China)

·         Tadano Ltd (Japan)

 

Methodology

The methods used for collecting information for the report involve 4 main activities. These activities help in estimating the current size of the Boom Truck market. Thorough secondary research was conducted to collect information on the Boom Truck market, such as new technologies coming into the market, and components connected with this market. Then the collected information was validated with experts from the Manufacturing and Construction industry across all the value chains through primary researches. Both top-down and bottom-up approaches were used for estimating the market size.

 

The Report Provides Insights on The Following Pointers:

·         It gives a forecast analysis of factors that are driving or restraining the development of the Boom Truck market.

·         The report gives a seven-year forecast value evaluated on the basis of the current market performance of the manufacturing and construction industry.

·         It helps in understanding the main segments of the products and their future.

·         The report gives a deep analysis of changing competition in the market which keeps you ahead of your competitors.

·         The report gives the market definition of the Boom Truck market along with the analysis of different factors influencing the market such as drivers, opportunities, and restraints.

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Pankaj Katkar

Business Development Executive

Icon Market Research

Mobile #: (+1) 812 506 4440