PUBLISHER: The Business Research Company | PRODUCT CODE: 1931914
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931914
Boom lifts are a type of articulated platform lift designed to facilitate access to difficult areas and heights. These machines are essential construction equipment, capable of providing both horizontal and vertical lifting capabilities.
The primary types of boom lifts encompass articulating boom lifts, telescopic boom lifts, straight boom lifts, genie boom lifts, and towable boom lifts. Articulating boom lifts, also called knuckle booms, consist of lift arms segmented by joints or knuckles, offering versatile movement options including mobile and fixed positions. These lifts come with different engine types, including electric and engine-powered variations. They find utilization across diverse sectors and end-users such as rental businesses, construction and building sites, mining operations, transportation and logistics companies, landscaping and orchard work, and various other industries requiring access to elevated areas.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the boom lifts market by increasing costs of imported hydraulic components, steel structures, electronic control systems, and drive assemblies used in articulated and telescopic lifts. Rental companies and construction firms in North America and Europe are most affected due to reliance on imported machinery and subcomponents, while Asia-Pacific faces export pricing pressures. These tariffs are raising equipment acquisition costs and influencing fleet renewal decisions. However, they are also promoting regional manufacturing, localized assembly operations, and innovation in electric and energy-efficient boom lift designs.
The boom lifts market research report is one of a series of new reports from. The Business Research Company that provides boom lifts market statistics, including boom lifts industry global market size, regional shares, competitors with a boom lifts market share, detailed boom lifts market segments, market trends and opportunities, and any further data you may need to thrive in the boom lifts industry. This boom lifts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The boom lifts market size has grown strongly in recent years. It will grow from $12.48 billion in 2025 to $13.37 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to expansion of construction and infrastructure projects, growth of equipment rental services, increasing need for safe elevated access, adoption of articulated lift designs, improvements in hydraulic systems.
The boom lifts market size is expected to see strong growth in the next few years. It will grow to $17.52 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing demand for low-emission construction equipment, expansion of smart construction sites, rising investments in urban infrastructure, adoption of advanced safety and control features, growth of maintenance and utility services. Major trends in the forecast period include rising adoption of electric and hybrid boom lifts, integration of telematics and remote monitoring, growing demand for compact and high-reach equipment, expansion of rental-based equipment models, focus on enhanced operator safety systems.
The rising demand for construction activities is expected to drive growth in the boom lifts market in the coming years. Construction encompasses the altering, building, repairing, planning, acquiring, and designing of private or public structures. Boom lifts are extensively used in construction due to their versatility and enhanced safety during various tasks, which in turn boosts demand for these machines. For instance, in March 2024, Atradius, a Netherlands-based insurance company providing trade credit insurance, projected that global construction output would rise by 2.0% in 2024, down from 3.7% in 2023. Growth in advanced economies is expected to be 1.8%, while emerging markets may see a 2.2% increase in building activity. Additionally, non-residential output and civil engineering are forecast to grow by 2.8% and 4.4%, respectively, this year. Looking ahead to 2025, global construction is predicted to grow by 1.8%, with residential construction output expected to rebound by 2.4% due to improving economic conditions and looser monetary policies. Thus, the increasing demand for construction activities is driving the growth of the boom lifts market.
Technological advancements are a significant trend gaining traction in the boom lifts market. Leading companies in this sector are concentrating on developing innovative products that incorporate the latest technologies to enhance their market position. For example, in August 2024, JCB, a UK-based manufacturing company, launched the T 65D, its first diesel-powered telescopic boom platform in India, designed to improve productivity and safety across various industries. The T 65D features a maximum platform height of 65 feet 4 inches and a horizontal reach of 56 feet 6 inches, making it ideal for high-altitude operations. It can carry a maximum load of 450 kilograms, allowing it to handle substantial equipment and materials. Additionally, the self-leveling technology of the 670SJ adjusts the boom lift's chassis to accommodate ground conditions, enabling it to traverse uneven terrain while maintaining stability at height. This results in significant productivity benefits throughout the workday.
In January 2023, JLG Industries Inc., a US-based manufacturer specializing in telehandlers and mobile elevating work platforms (MEWPs), successfully acquired Hinowa S.p.A. in a transaction for an undisclosed amount. This strategic acquisition is aimed at expanding JLG Industries Inc.'s product portfolio, particularly in the realm of specialty application solutions. Furthermore, the acquisition enhances the company's market reach, specifically in specialized sectors such as agriculture, landscaping, and vegetation management. Hinowa S.p.A., the acquired entity, is an Italy-based manufacturer known for its expertise in producing boom lifts
Major companies operating in the boom lifts market are Kobelco Construction Machinery Co. Ltd., XCMG Group (Xuzhou Construction Machinery Group Co. Ltd., Sany Group, JLG Industries Inc., Linamar Corporation, Changsha Zoomlion Heavy Industry Science & Technology Development Co. Ltd., Terex Corporation, Altec Industries Inc., Manitou Group, Tadano Ltd., Haulotte Group, Zhejiang Dingli Machinery Co. Ltd., Aichi Corporation, Manitex International Inc., Niftylift Limited, Palazzani Industrie S.p.A., Teupen Maschinenbau GmbH, Dinolift Oy, Socage S.r.l., Holland Lift International BV, Leguan Lifts Oy, Platform Basket s.r.l., Falcon Lifts ApS, Galmon Equipment & Construction Company Limited, Furukawa UNIC Corporation, ASPAC Group, MEC Aerial Work Platforms, CTE S.p.A., Oil & Steel S.p.A., Denka Lift Ltd.
North America was the largest region in the boom lifts market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global boom lifts market report during the forecast period. The regions covered in the boom lifts market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the boom lifts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The boom lifts market consists of sales of trailer-mounted boom lifts, vehicle-mounted boom lifts, fixed boom lifts, crawler or spider rooms, and marine boom lifts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Boom Lifts Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses boom lifts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for boom lifts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The boom lifts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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