Global Boom Lifts Market 2017-2021

  • ID: 4403379
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • AICHI
  • ASPAC Group
  • Elliott Equipment Company
  • JLG Industries (Oshkosh)
  • MEC
  • Skyjack
  • MORE
About Boom Lifts

Boom lifts belong to the aerial work platform market. An aerial work platform is a mechanical device that provides access to people or equipment to elevated areas that are usually inaccessible. They are generally used for temporary access for maintenance and construction work by mechanics or firefighters. This distinguishes them from permanent access equipment, such as elevators. They are designed to lift a limited range of weight, usually less than a ton, unlike many cranes. Some aerial work platforms have a higher safe working load (SWL) and can lift heavier weights.

The analysts forecast the global boom lifts market to grow at a CAGR of 18.22% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global boom lifts market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Boom Lifts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • AICHI
  • Altec Industries
  • HAULOTTE GROUP
  • Tadano
  • Terex
Other prominent vendors
  • ASPAC Group
  • Elliott Equipment Company
  • JLG Industries (Oshkosh)
  • Manitex International
  • MEC
  • XCMG Group
  • Niftylift
  • Skyjack
  • Dinolift
  • TEUPEN
  • Snorkel
Market drivers
  • Rising construction of high-rises
  • For a full, detailed list, view the full report
Market challenges
  • Volatility in steel prices
  • For a full, detailed list, view the full report
Market trends
  • Integration of IoT
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AICHI
  • ASPAC Group
  • Elliott Equipment Company
  • JLG Industries (Oshkosh)
  • MEC
  • Skyjack
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market overview
  • Global boom lifts market by construction sector
  • Global boom lifts market by telecommunication sector
PART 07: Geographical segmentation
  • Market overview
  • Boom lifts market in APAC
  • Boom lifts market in Americas
  • Boom lifts market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Integration of IoT
  • Introduction of hybrid boom lifts
  • Increased focus on efficiency and maintenance
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • AICHI
  • Altec Industries
  • HAULOTTE GROUP
  • Tadano
  • Terex
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Types of aerial work platform
Exhibit 02: End-user industries of boom lifts
Exhibit 03: Current and future market prospects of different end-users 2016 and 2021
Exhibit 04: Current and future market prospects of different geographies 2016 and 2021
Exhibit 05: Market overview
Exhibit 06: Global boom lifts market 2016-2021 ($ millions)
Exhibit 07: Global urban population as a percentage of total global population 2008-2015 (%)
Exhibit 08: Five forces analysis
Exhibit 09: Market share of end-users 2016 and 2021
Exhibit 10: Global boom lifts market by construction sector 2016-2021 ($ millions)
Exhibit 11: Commercial service exports in India and China 2008-2015 ($ billions)
Exhibit 12: Global boom lifts market by telecommunication sector 2016-2021 ($ millions)
Exhibit 13: Highest investors in telecom in 2014 ($ millions)
Exhibit 14: Market shares of each region in global boom lifts market 2016 and 2021
Exhibit 15: Boom lifts market in APAC 2016-2021 ($ millions)
Exhibit 16: Boom lifts market in Americas 2016-2021 ($ millions)
Exhibit 17: Boom lifts market in EMEA 2016-2021 ($ millions)
Exhibit 18: Completion of tall buildings 2010-2016 (%) (200 meters and above)
Exhibit 19: Incremental growth in investments in global smart cities market 2017-2026 (trillions)
Exhibit 20: Movement in average steel price 2012-2016 ($ per ton)
Exhibit 21: Fatal occupational injuries incurred by contracted workers by machinery 2011-2014 (numbers)
Exhibit 22: Causes of deaths in construction by type of aerial lifts in US 1992-1999 (numbers)
Exhibit 23: China GDP growth 1990-2015 (Annual %)
Exhibit 24: Key vendors
Exhibit 25: Other prominent vendors
Exhibit 26: Key products of AICHI
Exhibit 27: Key products of Altec Industries
Exhibit 28: Types of boom lifts by Altec Industries
Exhibit 29: Key products of HAULOTTE GROUP
Exhibit 30: Key products of Tadano
Exhibit 31: Types of boom lifts by Tadano
Exhibit 32: Key products of Terex
Exhibit 33: Types of boom lifts by Terex
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AICHI
  • ASPAC Group
  • Elliott Equipment Company
  • JLG Industries (Oshkosh)
  • MEC
  • Skyjack
  • MORE
New Report Released: – Global Boom Lifts Market 2017-2021

The author of the report recognizes the following companies as the key players in the global boom lifts market: AICHI, Altec Industries, HAULOTTE GROUP, Tadano, and Terex.

Other Prominent Vendors in the market are: ASPAC Group, Elliott Equipment Company, JLG Industries (Oshkosh), Manitex International, MEC, XCMG Group, Niftylift, Skyjack, Dinolift, TEUPEN, and Snorkel.

Commenting on the report, an analyst from the research team said: “One trend in the market is integration of IoT. The prime focus of construction or aerial work platform manufacturers has always been hardware. Internet of Things (IoT) is slowly being adopted in this sector as well. The Industrial Internet of Things (IIoT) is gradually shifting focus toward data, analytics, and software. Human interaction is slowly being replaced by communication and integration between machines.”

According to the report, one driver in the market is rising construction of high-rises. The rate of urbanization in recent times has been ascending. Thus, it is expected that cities will utilize the land to their maximum by building high-rises or sky scrapers. As more people shift from rural areas to urban surroundings, the land is becoming scarce. This problem can only be addressed by the construction of high-rise buildings. Developing nations are setting new limits every day in the construction of new high-rises. Boom lifts have gained immense popularity in the construction of high-rise buildings due to their compact nature and ease of handling and accessibility.

Further, the report states that one challenge in the market is volatility in steel prices. The widely and most used raw material in the manufacture of boom lifts is steel. Raw materials and other varied supplies for manufacturing boom lifts are readily available from a host of competing suppliers. During 2011-2016, steel prices were low due to the oversupply in China. Cheap metal inputs also invaded the market during that period. All these factors allowed manufacturers to offer products at competitive prices to consumers while still being in profit.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • AICHI
  • Altec Industries
  • HAULOTTE GROUP
  • Tadano
  • Terex
  • ASPAC Group
  • Elliott Equipment Company
  • JLG Industries (Oshkosh)
  • Manitex International
  • MEC
  • XCMG Group
  • Niftylift
  • Skyjack
  • Dinolift
  • TEUPEN
  • Snorkel
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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