Market Overview:
The global self propelled boom lifts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for self propelled boom lifts from various applications such as construction, highway, pier, gym and others. Additionally, the growing demand for electric type self propelled boom lifts is also contributing to the growth of this market. However, factors such as high cost of ownership and lack of skilled labor are restraining the growth of this market.
Product Definition:
Self propelled boom lifts are a type of aerial platform that utilizes a powered drive system to move the lift around the work area. This allows the operator to position the lift where it is needed without having to worry about pushing or pulling it. This is important when working in tight spaces or on uneven terrain.
Diesel Type:
Diesel Type is a machine used to lift heavy loads. It's basically an engine that runs on diesel fuel and has the ability to produce enough power required for lifting boom lifts. Diesel types are widely used in self-propelled boom lifts as they have high torque output which helps in providing faster movement of boom lifters along with better performance.
Electric Type:
The electric type boom lifts are the most recent innovation in the boom lift industry. The primary function of an electric type is to reduce fuel consumption and environmental pollution. Electric Type Boom Lifts have a maximum speed of 0 to 8 km/h, which makes them less consuming on fuel as compared to gas-powered types that have a top speed of 25 km/h.
Application Insights:
The highway application segment accounted for the largest market share of over 60% in 2017. The boom lift is widely used on highways to clear snow and ice from roadways during winters. The rising number of expressways across the globe has increased the need for grooming, thus, boosting demand in this segment.
The pier application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in passenger travel demand and tourism activities at seaports around the world. Boom lifts are extensively used at seaports as they can reach places where other types of machinery cannot be deployed easily due their weight or size constraints, such as between ships and pierheads or when there are obstacles onshore preventing large vessels from entering deep water channels efficiently.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to increasing infrastructure activities, coupled with rising demand for boom lifts with enhanced safety features. Moreover, growing industrialization and rapid urbanization in emerging economies such as China and India are anticipated to drive product demand further.
The Asia Pacific region accounted for a share of more than 30% of total revenue in 2017 owing to high infrastructure spending by governments across various countries including China, India, Japan, Australia among others is expected drive industry growth over the forecast period. In addition electric self-propelled boom lift manufacturers are focusing on introducing eco-friendly products that consume less fuel thereby reducing carbon footprint thus boosting industry growth across this region which has been identified as Electric Equipment Market (EEE) by IEA ETPAC (Electricity Transmission & Distribution Equipment & Power Electronics).
Growth Factors:
- Increasing demand for construction and infrastructure development activities across the globe is expected to drive the growth of the self propelled boom lifts market during the forecast period.
- Rapid industrialization and urbanization in emerging economies is anticipated to create a high demand for self propelled boom lifts in these regions over the next few years.
- The increasing use of self propelled boom lifts in various end-use industries such as manufacturing, oil & gas, shipping & logistics, and others is projected to fuel market growth during the forecast period.
- Growing awareness about safety regulations pertaining to workplace health and safety is expected to propel demand for self propelled boom lifts over the next few years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Self Propelled Boom Lifts Market Research Report
By Type
Diesel Type, Electric Type
By Application
Highway, Pier, Gym, Construction, Others
By Companies
Genie, JLG Equipment, Haulotte, Runshare, Niftylift, Avion Access Co. Ltd, Dinolift Oy, Shandong Qiyun, Shuanglei Jixie, Jinan Lihao, Genie
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Self Propelled Boom Lifts Market Report Segments:
The global Self Propelled Boom Lifts market is segmented on the basis of:
Types
Diesel Type, Electric Type
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
Highway, Pier, Gym, 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:
- Genie
- JLG Equipment
- Haulotte
- Runshare
- Niftylift
- Avion Access Co. Ltd
- Dinolift Oy
- Shandong Qiyun
- Shuanglei Jixie
- Jinan Lihao
- Genie
Highlights of The Self Propelled 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:
- Diesel Type
- Electric Type
- By Application:
- Highway
- Pier
- Gym
- 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 Self Propelled 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Self-propelled boom lifts are a type of lift that use an engine to move the boom. This allows the lift to be moved more easily and quickly than traditional lifts.
Some of the major companies in the self propelled boom lifts market are Genie, JLG Equipment, Haulotte, Runshare, Niftylift, Avion Access Co. Ltd, Dinolift Oy, Shandong Qiyun, Shuanglei Jixie, Jinan Lihao, Genie.
The self propelled 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 Self Propelled 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 Self Propelled Boom Lifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self Propelled 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 Self Propelled 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 Self Propelled Boom Lifts Market Size & Forecast, 2018-2028
4.5.1 Self Propelled Boom Lifts Market Size and Y-o-Y Growth
4.5.2 Self Propelled Boom Lifts Market Absolute $ Opportunity
Chapter 5 Global Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Type
5.2.1 Diesel Type
5.2.2 Electric Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Applications
6.2.1 Highway
6.2.2 Pier
6.2.3 Gym
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self Propelled 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 Self Propelled 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 Self Propelled Boom Lifts Analysis and Forecast
9.1 Introduction
9.2 North America Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Type
9.6.1 Diesel Type
9.6.2 Electric Type
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 Self Propelled Boom Lifts Market Size Forecast by Applications
9.10.1 Highway
9.10.2 Pier
9.10.3 Gym
9.10.4 Construction
9.10.5 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 Self Propelled Boom Lifts Analysis and Forecast
10.1 Introduction
10.2 Europe Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Type
10.6.1 Diesel Type
10.6.2 Electric Type
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 Self Propelled Boom Lifts Market Size Forecast by Applications
10.10.1 Highway
10.10.2 Pier
10.10.3 Gym
10.10.4 Construction
10.10.5 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 Self Propelled Boom Lifts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Type
11.6.1 Diesel Type
11.6.2 Electric Type
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 Self Propelled Boom Lifts Market Size Forecast by Applications
11.10.1 Highway
11.10.2 Pier
11.10.3 Gym
11.10.4 Construction
11.10.5 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 Self Propelled Boom Lifts Analysis and Forecast
12.1 Introduction
12.2 Latin America Self Propelled 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 Self Propelled Boom Lifts Market Size Forecast by Type
12.6.1 Diesel Type
12.6.2 Electric Type
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 Self Propelled Boom Lifts Market Size Forecast by Applications
12.10.1 Highway
12.10.2 Pier
12.10.3 Gym
12.10.4 Construction
12.10.5 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) Self Propelled Boom Lifts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self Propelled 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) Self Propelled Boom Lifts Market Size Forecast by Type
13.6.1 Diesel Type
13.6.2 Electric Type
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) Self Propelled Boom Lifts Market Size Forecast by Applications
13.10.1 Highway
13.10.2 Pier
13.10.3 Gym
13.10.4 Construction
13.10.5 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 Self Propelled Boom Lifts Market: Competitive Dashboard
14.2 Global Self Propelled Boom Lifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Genie
14.3.2 JLG Equipment
14.3.3 Haulotte
14.3.4 Runshare
14.3.5 Niftylift
14.3.6 Avion Access Co. Ltd
14.3.7 Dinolift Oy
14.3.8 Shandong Qiyun
14.3.9 Shuanglei Jixie
14.3.10 Jinan Lihao
14.3.11 Genie
