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Boom Trucks Market Share

  • Report ID: GMI1154
  • Published Date: Aug 2019
  • Report Format: PDF
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Boom Trucks Market Share

Prominent players operating in the boom trucks market include

  • Manitowoc Cranes
  • Palfinger AG
  • Tadano Ltd.
  • Aichi Corporation
  • Manitex International Inc.
  • Altec Inc.
  • Elliott Equipment Company

Players are adopting new product development strategies to cater to changing customer demands. For instance, in October 2017, Tadano Ltd. announced the launch of its new GT-750EL truck cranes with a maximum lifting capacity of 75 tons and a boom length of 47 meters. Companies are incorporating advanced technical features into new machines to offer high productivity and efficiency. Additionally, players are offering enhanced customer support through company sales offices, distributors, and sales representatives. For instance, in December 2018, Manitex International Inc. announced the expansion of its distribution network in Arizona and California through partnerships with Southwest Products.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of boom trucks surpassed USD 2 billion in 2018.

The industry share of boom trucks is anticipated to grow at 5.5% CAGR between 2019 to 2025.

Boom Trucks Market Scope

  • Boom Trucks Market Size
  • Boom Trucks Market Analysis
  • Boom Trucks Market Share

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    • Base Year: 2018
    • Companies covered: 17
    • Tables & Figures: 231
    • Countries covered: 16
    • Pages: 180
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