Global Boom Trucks Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025

  • ID: 4431827
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • Altec Inc.
  • American Const
  • Aspen Equipment Company
  • Elliott Equipment Company
  • Interlake Crane Inc.
  • Ruthmann GmbH & Co KG.
  • MORE
Boom Trucks Market(By Type (Crane-based Boom Trucks (Fixed cab and Swing Cab), and Bucket Boom Trucks), By End-use Application (Construction & Earthmoving, Transportation & Logistics, Utilities, Oil & Gas, Telecommunication, and Others)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the global boom trucks market is expected to witness a growth of 4.5% during the forecast period 2017 - 2025.

Market Insights

A boom truck is a utility vehicle used in wide range of projects to lift, load or lower heavy objects. As compared to other lifting equipment, boom trucks offer increased versatility in transporting relatively large payloads from one site location to other at highway speeds. The boom trucks with buckets can also be easily outfitted or adapted to match specific requirements, thereby allowing workers/personnel to reach inaccessible areas conveniently and safely. The set-up of these vehicles is a simple process and they offer man-lift capabilities at a very low cost to height ratio. The multitude of investments made by the governments across the globe in infrastructure projects including power generation, public transport, and chemicals etc. is further expected to drive demand for boom trucks across construction, utilities, and transportation and logistics end-use segments during the forecast period. The advancements in technology coupled with the rise in the number of work applications have encouraged boom truck users to demand customized equipment capable of serving specialized needs across multiple jobsites. Although advancements in technology have led to increased capacities and boom lengths, users are finding the real growth in customized options tailored to meet their unique needs.

On the other hand, the growth of boom trucks market is marred by several challenges. The shortage of truck drivers is one of the biggest concerns. The trend is more prevalent in Triad (the U.S., EU, and Japan) countries. According to a recent research published by American Transportation Research Institute, it was estimated that there was a driver shortage of around 48,000 in 2015 in the U.S., with projections that the shortage could swell to 175,000 by 2025. Furthermore, the boom trucking industry is highly cyclical in nature since it is greatly influenced by changes in the economic conditions. The industry being extremely susceptible to economic expansion and contraction, the manufacturers realize the risk of continuing business with inconsistent profit margins.

In order to expand their offerings and better penetrate markets, the equipment manufacturers are foreseeing an opportunity to expand their offerings by providing boom trucks and cranes on rental basis. The rental business offers a sound growth opportunity for manufacturers to generate revenue since replacement cycles of boom trucks tends to be around seven years. Availability of fleet of boom trucks on rental basis would allow end-users to use them as and when required.
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2 of 4

FEATURED COMPANIES

  • Altec Inc.
  • American Const
  • Aspen Equipment Company
  • Elliott Equipment Company
  • Interlake Crane Inc.
  • Ruthmann GmbH & Co KG.
  • MORE
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Boom Trucks Market Snapshot

3. Global Boom Trucks Market Analysis
3.1. Global Boom Trucks Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations

4. Global Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
4.1. Market Analysis
4.2. Boom Truck Cranes
4.3. Bucket Boom Trucks

5. Global Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
5.1. Market Analysis
5.2. Construction & Earthmoving
5.3. Transportation & Logistics
5.4. Utilities
5.5. Oil & Gas
5.6. Telecom
5.7. Others (Forestry, etc.)

6. North America Boom Trucks Market Analysis, 2015 - 2025 (US$ Mn)
6.1. North America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
6.1.1. Boom Truck Cranes
6.1.2. Bucket Boom Truck
6.2. North America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
6.2.1. Construction & Earthmoving
6.2.2. Transportation & Logistics
6.2.3. Utilities
6.2.4. Oil & Gas
6.2.5. Telecom
6.2.6. Others (Forestry, etc.)
6.3. North America Boom Trucks Market Revenue, By Country, 2015 - 2025 (US$ Mn)
6.3.1. U.S.
6.3.1.1. U.S. Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
6.3.1.2. U.S. Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
6.3.2. Rest of North America
6.3.2.1. Rest of North America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
6.3.2.2. Rest of North America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)

7. Europe Boom Trucks Market Analysis, 2015 - 2025 (US$ Mn)
7.1. Europe Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
7.1.1. Boom Truck Cranes
7.1.2. Bucket Boom Truck
7.2. Europe Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
7.2.1. Construction & Earthmoving
7.2.2. Transportation & Logistics
7.2.3. Utilities
7.2.4. Oil & Gas
7.2.5. Telecom
7.2.6. Others (Forestry, etc.)
7.3. Europe Boom Trucks Market Revenue, By Region, 2015 - 2025 (US$ Mn)
7.3.1. U.K.
7.3.1.1. U.K. Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
7.3.1.2. U.K. Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
7.3.2. Germany
7.3.2.1. Germany Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
7.3.2.2. Germany Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
7.3.3. France
7.3.3.1. France Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
7.3.3.2. France Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
7.3.4. Rest of Europe
7.3.4.1. Rest of Europe Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
7.3.4.2. Rest of Europe Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)

8. Asia Pacific Boom Trucks Market Analysis, 2015 - 2025 (US$ Mn)
8.1. Asia Pacific Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
8.1.1. Boom Truck Cranes
8.1.2. Bucket Boom Truck
8.2. Asia Pacific Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
8.2.1. Construction & Earthmoving
8.2.2. Transportation & Logistics
8.2.3. Utilities
8.2.4. Oil & Gas
8.2.5. Telecom
8.2.6. Others (Forestry, etc.)
8.3. Asia Pacific Boom Trucks Market Revenue, By Country, 2015 - 2025 (US$ Mn)
8.3.1. Japan
8.3.1.1. Japan Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
8.3.1.2. Japan Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
8.3.2. China
8.3.2.1. China Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
8.3.2.2. China Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
8.3.3. India
8.3.3.1. India Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
8.3.3.2. India Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
8.3.4. Rest of Asia Pacific
8.3.4.1. Rest of Asia Pacific Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
8.3.4.2. Rest of Asia Pacific Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)

9. Rest of World Boom Trucks Market Analysis, 2015 - 2025 (US$ Mn)
9.1. Rest of World Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
9.1.1. Boom Truck Cranes
9.1.2. Bucket Boom Truck
9.2. Rest of World Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
9.2.1. Construction & Earthmoving
9.2.2. Transportation & Logistics
9.2.3. Utilities
9.2.4. Oil & Gas
9.2.5. Telecom
9.2.6. Others (Forestry, etc.)
9.3. Rest of World Boom Trucks Market Revenue, By Region, 2015 - 2025 (US$ Mn)
9.3.1. Latin America
9.3.1.1. Latin America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
9.3.1.2. Latin America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
9.3.2. Middle-East and Africa
9.3.2.1. Middle-East and Africa Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
9.3.2.2. Middle-East and Africa Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)

10. Company Profiles
10.1. Altec Inc.
10.2. The Manitowoc Company
10.3. Manitex International, Inc.
10.4. Elliott Equipment Company
10.5. Interlake Crane Inc.
10.6. Ruthmann GmbH & Co KG.
10.7. Aspen Equipment Company
10.8. Able Rigging Contractors Inc.
10.9. Runnion Equipment Company.
10.10. American Construction Company

List of Figures
Fig. 1 Global Boom Trucks: Market Segmentation
Fig. 2 Global Boom Trucks Market: Research Methodology
Fig. 3 Top-Down and Bottom Up Approach
Fig. 4 Global Boom Trucks Market, By Product Type, 2015 (US$ Mn)
Fig. 5 Global Boom Trucks Market, By End-use Application, 2015 (US$ Mn)
Fig. 6 Global Boom Trucks Market, By Geography, 2015 (US$ Mn)
Fig. 7 Global Boom Trucks Market Revenue and Growth, 2015 - 2025, (US$ Mn and % Y-o-Y)
Fig. 8 See-Saw Analysis: Global Boom Trucks Market
Fig. 9 Market Positioning of Key Industry Participants, 2015
Fig. 10 Global Boom Trucks Market Revenue Contribution, By Product Type, 2016 & 2025 (Value %)
Fig. 11 Global Boom Truck Cranes Market Revenue and Growth, 2015 - 2025, (US$ Mn)
Fig. 12 Global Bucket Boom Truck Market Revenue and Growth, 2015 - 2025, (US$ Mn)
Fig. 13 Global Boom Trucks Market Revenue Contribution, By End-use Application, 2015 & 2025 (Value %)
Fig. 14 Global Boom Trucks Market Revenue and Growth for Construction & Earthmoving Applications, 2015 - 2025, (US$ Mn)
Fig. 15 Global Boom Trucks Market Revenue and Growth for Transportation & Logistics Applications, 2015 - 2025, (US$ Mn)
Fig. 16 Global Boom Trucks Market Revenue and Growth for Utilities Applications, 2015 - 2025, (US$ Mn)
Fig. 17 Global Boom Trucks Market Revenue and Growth for Oil & Gas Applications, 2015 - 2025, (US$ Mn)
Fig. 18 Global Boom Trucks Market Revenue and Growth for Telecom Applications, 2015 - 2025, (US$ Mn)
Fig. 19 Global Boom Trucks Market Revenue and Growth for Other Applications, 2015 - 2025, (US$ Mn)
Fig. 20 North America Boom Trucks Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
Fig. 21 Europe Boom Trucks Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
Fig. 22 Asia Pacific Boom Trucks Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
Fig. 23 RoW Boom Trucks Market Revenue and Growth, 2015- 2025, (US$ Mn) (Y-o-Y %)

List of Tables
Table 1 Market Snapshot: Global Boom Trucks Market
Table 2 Evolution of Boom Trucks
Table 3 Impact Indicators
Table 4 Impact Analysis of Drivers and Restraints
Table 5 North America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 6 North America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 7 North America Boom Trucks Market Revenue, By Country, 2015 - 2025 (US$ Mn)
Table 8 U.S. Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 9 U.S. Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 10 Rest of North America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 11 Rest of North America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 12 Europe Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 13 Europe Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 14 Europe Boom Trucks Market Revenue, By Country, 2015 - 2025 (US$ Mn)
Table 15 U.K. Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 16 U.K. Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 17 France Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 18 France Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 19 Germany Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 20 Germany Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 21 Rest of Europe Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 22 Rest of Europe Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 23 Asia Pacific Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 24 Asia Pacific Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 24 Asia Pacific Boom Trucks Market Revenue, By Country, 2015 - 2025 (US$ Mn)
Table 25 China Boom Trucks Market Revenue, By Product Type, 2015- 2025 (US$ Mn)
Table 26 China Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 27 Japan Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 28 Japan Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 29 India Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 30 India Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 31 Rest of Asia Pacific Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 32 Rest of Asia Pacifc Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 33 Rest of World Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 34 Rest of World Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 35 Rest of World Boom Trucks Market Revenue, By Region, 2015 - 2025 (US$ Mn)
Table 36 Latin America Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 37 Latin America Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Table 38 Middle-East and Africa Boom Trucks Market Revenue, By Product Type, 2015 - 2025 (US$ Mn)
Table 39 Middle-East Boom Trucks Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
Note: Product cover images may vary from those shown
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4 of 4
  • Altec Inc.
  • The Manitowoc Company
  • Manitex International, Inc.
  • Elliott Equipment Company
  • Interlake Crane Inc.
  • Ruthmann GmbH & Co KG.
  • Aspen Equipment Company
  • Able Rigging Contractors Inc.
  • Runnion Equipment Company.
  • American Const
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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