Report ID: SQMIG20G2047
Boom Truck Market Size, Share, Growth Analysis, By Product(Boom Trucks, Bucket Trucks), By Vehicle Class(Class 4, Class 5, Class 6, Class 7), By Application(Rental, Construction, Utility, Telecommunication), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20G2047 |
Region:
Global |
Published Date: March, 2024
Pages:
158
|
Tables:
93 |
Figures:
72
Boom Truck Market Regional Insights
The Asia Pacific region is slated to account for a major chunk of the global boom truck market share on the back of rapid industrialization and urbanization that is fueling infrastructure development activity. Growing number of new boom truck launches and availability of new rental services are also slated to bolster market development going forward. Rising mining activity in this region also significantly contributes to the global boom truck market growth over the coming years. India and China are slated to emerge as the top markets for boom truck companies in this region.
Meanwhile, the demand for boom truck in North America is slated to increase at a rapid pace over the coming years. The presence of a strong network of heavy machinery and equipment leasing companies in this region will favor boom truck demand outlook going forward. The United States and Canada are slated to be the top markets for boom truck suppliers in this region. Grid upgradation and expanding utility sector are slated to create new opportunities for boom truck companies in the future.
Boom Truck Market Report Snapshots
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