Global Boom Lifts Market 2017-2021

Global Boom Lifts Market 2017-2021

  • September 2017 •
  • 73 pages •
  • Report ID: 5136817 •
  • Format: PDF
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.

Technavio’s 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

Technavio’s 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
• Altec Industries
• Tadano
• Terex

Other prominent vendors
• ASPAC Group
• Elliott Equipment Company
• JLG Industries (Oshkosh)
• Manitex International
• XCMG Group
• Niftylift
• Skyjack
• Dinolift
• Snorkel

Market driver
• Rising construction of high-rises
• For a full, detailed list, view our report

Market challenge
• Volatility in steel prices
• For a full, detailed list, view our report

Market trend
• Integration of IoT
• For a full, detailed list, view our 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?

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