Boom Truck Market Size, Share, and Growth Analysis, By Product Type (Boom Trucks, Bucket Trucks), By Mount (Rear Mount, Center Mount), By Lifting Capacity, By Boom Length, By Application, By Region - Industry Forecast 2026-2033

Global Boom Truck Market size was valued at USD 3.68 Billion in 2024 and is poised to grow from USD 3.86 Billion in 2025 to USD 5.61 Billion by 2033, growing at a CAGR of 4.8% during the forecast period (2026-2033).

Boom trucks, equipped with mounted cranes, serve as essential mobile cranes across various industry sectors. A significant driver of their growing sales is the surge in global infrastructure investments, spurring demand for efficient lifting solutions. Additionally, utility companies are increasingly adopting boom trucks to enhance worker safety, further contributing to market growth. The ongoing urbanization and industrialization trends worldwide are anticipated to bolster boom truck sales as industries seek versatile lifting equipment. Furthermore, the expanding heavy equipment rental and leasing sector presents new opportunities for boom truck suppliers. However, the high costs associated with these vehicles may pose challenges to market development, potentially limiting their widespread adoption in certain areas. Overall, the boom truck market is poised for substantial growth.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Boom Truck market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Boom Truck Market Segments Analysis

Global Boom Truck Market is segmented by Product Type, Mount, Lifting Capacity, Boom Length, Application and region. Based on Product Type, the market is segmented into Boom Trucks and Bucket Trucks. Based on Mount, the market is segmented into Rear Mount and Center Mount. Based on Lifting Capacity, the market is segmented into Less than 25 Tons, 25-50 Tons and More than 50 Tons. Based on Boom Length, the market is segmented into Less than 25 Meters, 25-50 Meters and More than 50 Meters. Based on Application, the market is segmented into Construction, Utilities, Telecommunication, Rental and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Boom Truck Market

The global Boom Truck market is primarily driven by the increasing activity in infrastructure development. As urbanization continues to expand, there is a growing demand for efficient transportation and handling of heavy materials in construction projects. Boom trucks, known for their versatility and ability to reach elevated areas, play a crucial role in various sectors, including construction, manufacturing, and maintenance. This surge in infrastructure projects fuels the need for reliable lifting equipment, leading to higher adoption rates of boom trucks. Moreover, the focus on safety and efficiency in construction processes further enhances the market's growth potential.

Restraints in the Global Boom Truck Market

One significant factor restraining the growth of the global boom truck market is the high ownership costs associated with these vehicles. The expenses incurred in purchasing, maintaining, and operating boom trucks can be substantial, deterring potential buyers and limiting market expansion. This includes not only the initial investment but also ongoing costs such as fuel, insurance, and repairs. Additionally, the necessity for specialized training and skilled labor to operate these trucks can further inflate overall costs. Consequently, many businesses might opt for alternative solutions that require lower capital outlays, hindering the widespread adoption of boom trucks across various industries.

Market Trends of the Global Boom Truck Market

The global boom truck market is witnessing a transformative shift driven by an increasing emphasis on sustainability and electrification in the automotive sector. As manufacturers innovate, the development of electric boom trucks is gaining traction, reflecting a growing demand for eco-friendly construction solutions. Battery-powered boom trucks with enhanced efficiency and high-capacity capabilities are poised to capture significant market interest, as operators seek greener alternatives that reduce operational costs and environmental impact. This trend signifies a broader movement towards sustainable practices within the industry, as companies prioritize investment in technology that supports cleaner, more efficient transportation solutions in heavy equipment.