{"id":424696,"date":"2019-09-03T03:32:01","date_gmt":"2019-09-03T03:32:01","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=424696"},"modified":"2019-09-03T03:32:01","modified_gmt":"2019-09-03T03:32:01","slug":"boom-truck-2019-global-industry-overview-major-segments-applications-verticals-regional-trends-and-market-forecast-by-2024-manitowoc-manitex-elliott-liebherr-load-king-altec-fassi-gru-xcmg","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/boom-truck-2019-global-industry-overview-major-segments-applications-verticals-regional-trends-and-market-forecast-by-2024-manitowoc-manitex-elliott-liebherr-load-king-altec-fassi-gru-xcmg_424696.html","title":{"rendered":"Boom Truck 2019 Global Industry Overview, Major Segments, Applications, Verticals, Regional Trends and Market Forecast By 2024: Manitowoc, Manitex, Elliott, Liebherr, Load King, Altec, Fassi Gru, XCMG"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1567495344.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Boom Truck 2019 Global Industry Overview, Major Segments, Applications, Verticals, Regional Trends and Market Forecast By 2024: Manitowoc, Manitex, Elliott, Liebherr, Load King, Altec, Fassi Gru, XCMG\" src=\"https:\/\/www.abnewswire.com\/uploads\/1567495344.jpeg\" alt=\"Boom Truck 2019 Global Industry Overview, Major Segments, Applications, Verticals, Regional Trends and Market Forecast By 2024: Manitowoc, Manitex, Elliott, Liebherr, Load King, Altec, Fassi Gru, XCMG\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>Boom Truck Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Boom Truck Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Capacity (Up to 15 Tons, 15 Tons\u201325 Tons, 25 Tons\u201335 Tons and Above 35 Tons), Application (Construction, Utilities, Industries and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) &#8211; Forecast till 2024\n<\/div>\n<p style=\"text-align: justify;\"><strong>Boom Truck Market Overview<\/strong><\/p>\n<p style=\"text-align: justify;\">The multi-functional characteristic of the boom truck is one of the major factors driving the growth of the global market. Job sites for boom truck cranes usually cover very large spaces. Their capability to carry various types of loads across terrains increases the demand for boom truck cranes, across the globe.<\/p>\n<p style=\"text-align: justify;\">In 2018, the global boom truck market was valued at approximately USD 1,378.3 million, which is projected to witness<strong>&nbsp;~5.4% CAGR<\/strong>&nbsp;during the forecast period (2018-2024).<\/p>\n<p style=\"text-align: justify;\">Taste the market data and market information presented through more than&nbsp;<strong>85 market data tables and figures<\/strong>&nbsp;spread in&nbsp;<strong>140 numbers of pages<\/strong>&nbsp;of the project report. Avail the in-depth table of content TOC &amp; market synopsis on &ldquo;Global&nbsp;Boom Truck Market&mdash; Forecast till 2024.&#8221;<\/p>\n<p style=\"text-align: left;\"><strong>Get a FREE Report Sample with Complete TOC @&nbsp;<\/strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/sample_request\/8111\">https:\/\/www.marketresearchfuture.com\/sample_request\/8111<\/a>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Scope&nbsp;of the Report<\/strong><\/p>\n<p style=\"text-align: justify;\">This study provides an overview of the global boom truck market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global&nbsp;<a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111\">Boom Truck Market<\/a>&nbsp;by type, application, and region.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>By Capacity<\/strong><\/li>\n<ul>\n<li>Upto 15 Tons<\/li>\n<li>15 Tons&ndash;25 Tons<\/li>\n<li>25 Tons&ndash;35 Tons<\/li>\n<li>Above 35 Tons<\/li>\n<\/ul>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>By Application<\/strong><\/li>\n<ul>\n<li>Construction<\/li>\n<li>Utilities<\/li>\n<li>Industries<\/li>\n<li>Others<\/li>\n<\/ul>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>By Region<\/strong><\/li>\n<ul>\n<li>North America&nbsp;<\/li>\n<li>Asia-Pacific&nbsp;<\/li>\n<li>Europe<\/li>\n<li>Rest of the World&nbsp;&nbsp;<\/li>\n<\/ul>\n<\/ul>\n<p style=\"text-align: justify;\">The adoption of these boom trucks in the construction industry is expected to gain momentum during the forecast period due to their versatility and the higher number of sections in the boom, which makes them popular among manufacturers.<\/p>\n<p style=\"text-align: justify;\"><strong>The 25 tons&ndash;35 tons segment is expected to hold the highest growth rate in the global boom truck market: MRFR<\/strong><\/p>\n<p style=\"text-align: justify;\">On the basis of capacity, the 25 tons&ndash;35 tons segment accounted for the largest market share, which is also expected to witness maximum growth rate during the forecast period, due to the large number of sections in the boom trucks.<\/p>\n<p style=\"text-align: justify;\"><strong>The construction segment accounted for the largest market share in the global boom truck market: MRFR<\/strong><\/p>\n<p style=\"text-align: justify;\">On the basis of application, the construction segment accounted for the largest market share in 2018, which is expected to retain its position by 2024. This can be attributed to the growing population in emerging economies, such as China, India, and Brazil, which drives the demand for residential and commercial buildings. Hence, the construction segment is anticipated to experience significant growth during the forecast period.<\/p>\n<p style=\"text-align: justify;\"><strong><em>Asia-Pacific accounted for the largest market share in the global boom truck market: MRFR<\/em><\/strong><\/p>\n<p style=\"text-align: justify;\">Geographically, the global boom truck market has been segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. In 2018, Asia-Pacific accounted for the largest market share and is expected to witness sustainable growth over the forecast period. This can be attributed to the stringent regulatory guidelines for the construction machinery industry in the region. Furthermore, high investments in the construction industry is further expected to drive the demand for boom truck market.<\/p>\n<p style=\"text-align: justify;\">Asia-Pacific is anticipated to witness the highest growth rate over the forecast period, owing to the growing construction machinery industry across the emerging economies, such as China and India. Moreover, rapid industrialization and urbanization in emerging economies, such as China, India, and Japan are expected to contribute significantly to the growth of market.<\/p>\n<p style=\"text-align: justify;\"><strong>Leading Players<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>The prominent players operating in the global boom truck market are<\/strong>&nbsp;Liebherr-International AG (Switzerland), Manitowoc (US), Elliott Equipment Company (US), Manitex International Inc. (US), Load King (US), XCMG Group (China), Fassi Gru S.p.A. (Italy), Altec Industries (US), and Tadano Ltd (Japan).<\/p>\n<p style=\"text-align: left;\"><strong>Browse Complete Report &#8220;Boom Truck Market Research Report &#8211; Global Forecast 2024&#8221;&nbsp;@&nbsp;<\/strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111\">https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111<\/a>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>List of Tables<\/strong><\/p>\n<p style=\"text-align: justify;\">Table 1 Global Boom Truck Market, by Region, 2019&ndash;2024<br \/> Table 2 North America: Boom Truck Market, by Country, 2019&ndash;2024<br \/> Table 3 Europe: Boom Truck Market, by Country, 2019&ndash;2024<br \/> Table 4 Asia-pacific: Boom Truck Market, by Country, 2019&ndash;2024<br \/> Table 5 Rest of the World: Boom Truck Market, by Country, 2019&ndash;2024<br \/> Table 6 Global Boom Truck Market, by Capacity, by Region, 2019&ndash;2024<br \/> Table 7 North America: Boom Truck Market, by Capacity, by Country, 2019&ndash;2024<br \/> Table 8 Europe: Boom Truck Market, by Capacity, by Country, 2019&ndash;2024<br \/> Table 9 Asia-pacific: Boom Truck Market by Capacity, by Country, 2019&ndash;2024<br \/> Table 10 Rest of the World: Boom Truck Market by Capacity, by Country, 2019&ndash;2024<\/p>\n<p style=\"text-align: justify;\"><strong>Continued&#8230;&#8230;..<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>List of Figures<\/strong><\/p>\n<p style=\"text-align: justify;\">Figure 1 Research Process of Mrfr<br \/> Figure 2 Top-down and Bottom-up Approach<br \/> Figure 3 Market Dynamics<br \/> Figure 4 Impact Analysis: Market Drivers<br \/> Figure 5 Impact Analysis: Market Restraints<br \/> Figure 6 Porter&rsquo;s Five Forces Analysis<br \/> Figure 7 Value Chain Analysis<br \/> Figure 8 Global Boom Truck Market Share, by Capacity, 2018 (%)<br \/> Figure 9 Global Boom Truck Market, by Capacity, 2019&ndash;2024 (Usd Million)<br \/> Figure 10 Global Boom Truck Market Share, by Application, 2018 (%)<\/p>\n<p style=\"text-align: justify;\"><strong>Continued&#8230;&#8230;.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Ask for your specific company profile and country level customization on reports.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>About Market Research Future:&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\">At&nbsp;<strong>Market Research Future (MRFR)<\/strong>, we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &amp; Consulting Services.<\/p>\n<p style=\"text-align: justify;\">MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/marketresearchfuture.com_36734.html\" rel=\"nofollow\">Market Research Future<\/a><br \/><strong>Contact Person:<\/strong> Abhishek Sawant<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=boom-truck-2019-global-industry-overview-major-segments-applications-verticals-regional-trends-and-market-forecast-by-2024-manitowoc-manitex-elliott-liebherr-load-king-altec-fassi-gru-xcmg\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1 646 845 9312<br \/><strong>Address:<\/strong>Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar  <br \/><strong>City:<\/strong> Pune<br \/><strong>State:<\/strong> Maharashtra<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketresearchfuture.com\/reports\/boom-truck-market-8111\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=boom-truck-2019-global-industry-overview-major-segments-applications-verticals-regional-trends-and-market-forecast-by-2024-manitowoc-manitex-elliott-liebherr-load-king-altec-fassi-gru-xcmg\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boom Truck Market Boom Truck Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Capacity (Up to 15 Tons, 15 Tons\u201325 Tons, 25 Tons\u201335 Tons and Above 35 Tons), Application (Construction, Utilities, &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/boom-truck-2019-global-industry-overview-major-segments-applications-verticals-regional-trends-and-market-forecast-by-2024-manitowoc-manitex-elliott-liebherr-load-king-altec-fassi-gru-xcmg_424696.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[407,418,401,410,415],"tags":[],"class_list":["post-424696","post","type-post","status-publish","format-standard","hentry","category-Automotive","category-Building-Construction","category-Business","category-Manufacturing-Industry","category-Transportation-Logistics"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/424696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=424696"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/424696\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=424696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=424696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=424696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}