The global boom truck market is forecasted to grow by USD 509.5 mn during 2025-2030, accelerating at a CAGR of 4.5% during the forecast period. The report on the global boom truck market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expanding telecommunications and grid modernization spending, growth in modular construction and building, cost efficiency over traditional mobile cranes.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope |
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.4% |
| CAGR | 4.5% |
| Incremental Value | $509.5 mn |
Technavio's global boom truck market is segmented as below:
By End-User
- Construction
- Telecom
- Transportation and logistics
- Others
By Type
- Telescopic boom trucks
- Articulated boom trucks
- Fixed boom trucks
- Specialized boom trucks
By Capacity
- More than 10-20 metrics tons
- Less than 10 metrics tons
- More than 20 metrics tons
Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- South America
- Middle East and Africa
- Rest of World (ROW)
This study identifies the integration of advanced telematics and control as one of the prime reasons driving the global boom truck market growth during the next few years. Also, development of higher capacity roadable units and transition toward electrification and hybrid systems will lead to sizable demand in the market.
The report on the global boom truck market covers the following areas:
- Global boom truck market sizing
- Global boom truck market forecast
- Global boom truck market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global boom truck market vendors that include Action Construction Equipment, Altec Inc., Amco Veba S.r.l., ATLAS GmbH, Bronto Skylift Oy Ab, Cormach S.r.l., Dur A Lift Inc., Elliott Equipment Inc., Furukawa UNIC Corp., Hiab Corp., Iowa Mold Tooling Co.Inc., Liebherr International AG, Load King Trailers, Manitex Inc., MKG Maschinen und Kranbau GmbH, PALFINGER AG, Sany Heavy Industry Co. Ltd., Tadano Ltd., Terex Corp., XCMG Group. Also, the global boom truck market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Capacity
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Boom Truck Market 2020 - 2024
- Historic Market Size - Data Table on Global Boom Truck Market 2020 - 2024 ($ million)
- 5.2 End-user segment analysis 2020 - 2024
- Historic Market Size - End-user Segment 2020 - 2024 ($ million)
- 5.3 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
- 5.4 Capacity segment analysis 2020 - 2024
- Historic Market Size - Capacity Segment 2020 - 2024 ($ million)
- 5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on global boom truck market
- 6.2 Impact of geopolitical conflicts on global boom truck market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by End-user
- 8.1 Market segments
- 8.2 Comparison by End-user
- 8.3 Construction - Market size and forecast 2025-2030
- 8.4 Telecom - Market size and forecast 2025-2030
- 8.5 Transportation and logistics - Market size and forecast 2025-2030
- 8.6 Others - Market size and forecast 2025-2030
- 8.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- 9.2 Comparison by Type
- 9.3 Telescopic boom trucks - Market size and forecast 2025-2030
- 9.4 Articulated boom trucks - Market size and forecast 2025-2030
- 9.5 Fixed boom trucks - Market size and forecast 2025-2030
- 9.6 Specialized boom trucks - Market size and forecast 2025-2030
- 9.7 Market opportunity by Type
- Market opportunity by Type ($ million)
10 Market Segmentation by Capacity
- 10.1 Market segments
- 10.2 Comparison by Capacity
- 10.3 More than 10-20 metrics tons - Market size and forecast 2025-2030
- 10.4 Less than 10 metrics tons - Market size and forecast 2025-2030
- 10.5 More than 20 metrics tons - Market size and forecast 2025-2030
- 10.6 Market opportunity by Capacity
- Market opportunity by Capacity ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 Japan - Market size and forecast 2025-2030
- 12.3.3 India - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Australia - Market size and forecast 2025-2030
- 12.3.6 Indonesia - Market size and forecast 2025-2030
- 12.4 North America - Market size and forecast 2025-2030
- 12.4.1 US - Market size and forecast 2025-2030
- 12.4.2 Canada - Market size and forecast 2025-2030
- 12.4.3 Mexico - Market size and forecast 2025-2030
- 12.5 Europe - Market size and forecast 2025-2030
- 12.5.1 Germany - Market size and forecast 2025-2030
- 12.5.2 UK - Market size and forecast 2025-2030
- 12.5.3 France - Market size and forecast 2025-2030
- 12.5.4 Italy - Market size and forecast 2025-2030
- 12.5.5 Spain - Market size and forecast 2025-2030
- 12.5.6 The Netherlands - Market size and forecast 2025-2030
- 12.6 South America - Market size and forecast 2025-2030
- 12.6.1 Brazil - Market size and forecast 2025-2030
- 12.6.2 Argentina - Market size and forecast 2025-2030
- 12.6.3 Chile - Market size and forecast 2025-2030
- 12.7 Middle East and Africa - Market size and forecast 2025-2030
- 12.7.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.7.2 UAE - Market size and forecast 2025-2030
- 12.7.3 South Africa - Market size and forecast 2025-2030
- 12.7.4 Israel - Market size and forecast 2025-2030
- 12.7.5 Turkey - Market size and forecast 2025-2030
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Expanding telecommunications and grid modernization spending
- Growth in modular construction and building
- Cost efficiency over traditional mobile cranes
- 13.2 Market challenges
- Complex highway weight regulation compliance constraints
- Volatile chassis supply and assembly delays
- Rising capital expenditure and maintenance overhead
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 13.4 Market opportunities
- Integration of advanced telematics and control
- Development of higher capacity roadable units
- Transition toward electrification and hybrid systems
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Altec Inc.
- Altec Inc. - Overview
- Altec Inc. - Product / Service
- Altec Inc. - Key offerings
- SWOT
- 15.5 ATLAS GmbH
- ATLAS GmbH - Overview
- ATLAS GmbH - Product / Service
- ATLAS GmbH - Key offerings
- SWOT
- 15.6 Bronto Skylift Oy Ab
- Bronto Skylift Oy Ab - Overview
- Bronto Skylift Oy Ab - Product / Service
- Bronto Skylift Oy Ab - Key offerings
- SWOT
- 15.7 Furukawa UNIC Corp.
- Furukawa UNIC Corp. - Overview
- Furukawa UNIC Corp. - Product / Service
- Furukawa UNIC Corp. - Key offerings
- SWOT
- 15.8 Hiab Corp.
- Hiab Corp. - Overview
- Hiab Corp. - Business segments
- Hiab Corp. - Key offerings
- Hiab Corp. - Segment focus
- SWOT
- 15.9 Iowa Mold Tooling Co.Inc.
- Iowa Mold Tooling Co.Inc. - Overview
- Iowa Mold Tooling Co.Inc. - Product / Service
- Iowa Mold Tooling Co.Inc. - Key offerings
- SWOT
- 15.10 Liebherr International AG
- Liebherr International AG - Overview
- Liebherr International AG - Product / Service
- Liebherr International AG - Key offerings
- SWOT
- 15.11 Load King Trailers
- Load King Trailers - Overview
- Load King Trailers - Product / Service
- Load King Trailers - Key offerings
- SWOT
- 15.12 Manitex Inc.
- Manitex Inc. - Overview
- Manitex Inc. - Product / Service
- Manitex Inc. - Key offerings
- SWOT
- 15.13 MKG Maschinen und Kranbau GmbH
- MKG Maschinen und Kranbau GmbH - Overview
- MKG Maschinen und Kranbau GmbH - Product / Service
- MKG Maschinen und Kranbau GmbH - Key offerings
- SWOT
- 15.14 PALFINGER AG
- PALFINGER AG - Overview
- PALFINGER AG - Business segments
- PALFINGER AG - Key offerings
- PALFINGER AG - Segment focus
- SWOT
- 15.15 Sany Heavy Industry Co. Ltd.
- Sany Heavy Industry Co. Ltd. - Overview
- Sany Heavy Industry Co. Ltd. - Business segments
- Sany Heavy Industry Co. Ltd. - Key offerings
- Sany Heavy Industry Co. Ltd. - Segment focus
- SWOT
- 15.16 Tadano Ltd.
- Tadano Ltd. - Overview
- Tadano Ltd. - Business segments
- Tadano Ltd. - Key offerings
- Tadano Ltd. - Segment focus
- SWOT
- 15.17 Terex Corp.
- Terex Corp. - Overview
- Terex Corp. - Business segments
- Terex Corp. - Key offerings
- Terex Corp. - Segment focus
- SWOT
- 15.18 XCMG Group
- XCMG Group - Overview
- XCMG Group - Business segments
- XCMG Group - Key offerings
- XCMG Group - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations