Market Overview:
The Global Engine Powered Boom Lifts Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for engine powered boom lifts in municipal, gardenengineering, construction, and other applications. Additionally, the growing demand for electric engine powered boom lifts is also contributing to the market growth. However, stringent emission norms and safety regulations are restraining the market growth.
Product Definition:
An engine powered boom lift is a type of aerial work platform that uses an internal combustion engine to power the lifting mechanism. These lifts are often used for tasks such as window washing, sign installation, or construction. They provide a stable platform for the worker and allow them to reach heights that would be difficult or dangerous to climb.
Articulated:
Articulated boom lifts are used to lift heavy loads over greater distances. They consist of a boom, which is connected by various joints to the chassis. The chassis may be powered by an engine or may be motorized using a chain drive or hydraulic system. Boom articulation allows the lifting capacity of the equipment to be increased beyond its weight rating and also helps in accessing tight spaces.
Telescopic:
A telescopic boom lift is a type of lifting device that utilizes a flexible steel cable for lifting and lowering loads. The flexibility of the cable allows the boom to move in multiple directions, which increases its versatility.
The primary advantage offered by these devices is their ability to operate from small clearances and confined spaces where other types of lifts would not be able to function.
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. Engine-powered boom lifts are widely used in construction activities owing to their ability to provide high lifting capacity, extended service life and low maintenance cost. The product is preferred over other types of boom lift as it can be used on various sites including concrete works, hard ground, soft ground and slopes up to 35 degrees without any preparation.
Construction application dominated the market due to its wide scope across the globe which includes residential buildings & infrastructure projects such as roads & bridges, railway networks etc., Increasing urbanization along with rising demand for housing has increased the need for these products in this sector. In addition, increasing government expenditure on infrastructure development will boost product demand further.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to a large number of construction projects and high adoption rate for advanced technology solutions. Moreover, presence of key manufacturers in countries such as U.S., who are continuously developing and introducing technologically advanced products is expected to drive the demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing infrastructure activities coupled with rising population in countries such as China, India, Indonesia, Vietnam and Thailand among others will drive industry expansion over next eight years or so.
Growth Factors:
- Increasing demand for construction and infrastructure activities
- Growing demand for equipment rental services
- Rising awareness about the benefits of using engine powered boom lifts
- Technological advancements in engine powered boom lift design and functionality
- Growing number of small and medium-sized businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Engine Powered Boom Lifts Market Research Report
By Type
Articulated, Telescopic
By Application
Municipal, Gardenengineering, Construction, Others
By Companies
JLG Industries, Terex Corporation, Sinoboom, Snorkel, Niftylift, Haulotte, Jinan Zhikun Jixie, JLG Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Engine Powered Boom Lifts Market Report Segments:
The global Engine Powered Boom Lifts market is segmented on the basis of:
Types
Articulated, Telescopic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Municipal, Gardenengineering, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JLG Industries
- Terex Corporation
- Sinoboom
- Snorkel
- Niftylift
- Haulotte
- Jinan Zhikun Jixie
- JLG Industries
Highlights of The Engine Powered Boom Lifts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Articulated
- Telescopic
- By Application:
- Municipal
- Gardenengineering
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engine Powered Boom Lifts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Engine powered boom lifts are a type of lift that use an engine to power the boom. This type of lift is typically used for larger objects, such as trucks or trailers.
Some of the key players operating in the engine powered boom lifts market are JLG Industries, Terex Corporation, Sinoboom, Snorkel, Niftylift, Haulotte, Jinan Zhikun Jixie, JLG Industries.
The engine powered boom lifts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engine Powered Boom Lifts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Engine Powered Boom Lifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engine Powered Boom Lifts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Engine Powered Boom Lifts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Engine Powered Boom Lifts Market Size & Forecast, 2018-2028
4.5.1 Engine Powered Boom Lifts Market Size and Y-o-Y Growth
4.5.2 Engine Powered Boom Lifts Market Absolute $ Opportunity
Chapter 5 Global Engine Powered Boom Lifts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Engine Powered Boom Lifts Market Size Forecast by Type
5.2.1 Articulated
5.2.2 Telescopic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Engine Powered Boom Lifts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Engine Powered Boom Lifts Market Size Forecast by Applications
6.2.1 Municipal
6.2.2 Gardenengineering
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engine Powered Boom Lifts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Engine Powered Boom Lifts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Engine Powered Boom Lifts Analysis and Forecast
9.1 Introduction
9.2 North America Engine Powered Boom Lifts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Engine Powered Boom Lifts Market Size Forecast by Type
9.6.1 Articulated
9.6.2 Telescopic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Engine Powered Boom Lifts Market Size Forecast by Applications
9.10.1 Municipal
9.10.2 Gardenengineering
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Engine Powered Boom Lifts Analysis and Forecast
10.1 Introduction
10.2 Europe Engine Powered Boom Lifts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Engine Powered Boom Lifts Market Size Forecast by Type
10.6.1 Articulated
10.6.2 Telescopic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Engine Powered Boom Lifts Market Size Forecast by Applications
10.10.1 Municipal
10.10.2 Gardenengineering
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Engine Powered Boom Lifts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Engine Powered Boom Lifts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Engine Powered Boom Lifts Market Size Forecast by Type
11.6.1 Articulated
11.6.2 Telescopic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Engine Powered Boom Lifts Market Size Forecast by Applications
11.10.1 Municipal
11.10.2 Gardenengineering
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Engine Powered Boom Lifts Analysis and Forecast
12.1 Introduction
12.2 Latin America Engine Powered Boom Lifts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Engine Powered Boom Lifts Market Size Forecast by Type
12.6.1 Articulated
12.6.2 Telescopic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Engine Powered Boom Lifts Market Size Forecast by Applications
12.10.1 Municipal
12.10.2 Gardenengineering
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Engine Powered Boom Lifts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Engine Powered Boom Lifts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Engine Powered Boom Lifts Market Size Forecast by Type
13.6.1 Articulated
13.6.2 Telescopic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Engine Powered Boom Lifts Market Size Forecast by Applications
13.10.1 Municipal
13.10.2 Gardenengineering
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Engine Powered Boom Lifts Market: Competitive Dashboard
14.2 Global Engine Powered Boom Lifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JLG Industries
14.3.2 Terex Corporation
14.3.3 Sinoboom
14.3.4 Snorkel
14.3.5 Niftylift
14.3.6 Haulotte
14.3.7 Jinan Zhikun Jixie
14.3.8 JLG Industries
