PUBLISHER: The Business Research Company | PRODUCT CODE: 1932722
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932722
The lattice and telescopic boom crane features a complex arrangement of intersecting metal beams, designed for heavy construction projects needing significant lifting capacities and extended reach. Its robust structure ensures strong integrity and excellent load-bearing ability, making it suitable for demanding construction tasks.
Key players in the lattice and telescopic boom crane market include crawler, rough terrain, all terrain, and truck loader cranes. This category of heavy lifting equipment is predominantly utilized in construction and industrial environments. Other fixed crane types include industrial, tower, and ship-to-shore cranes, operated via hydraulic and electric mechanisms.
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 lattice and telescopic boom market by increasing the cost of imported high-strength steel, hydraulic systems, structural components, and electronic control modules. Construction and infrastructure companies in North America and Europe are particularly affected due to reliance on imported crane components, while Asia-Pacific manufacturers face export pricing pressure. These tariffs are increasing equipment costs and extending project budgets. However, they are also encouraging domestic fabrication of crane structures, regional sourcing of components, and innovation in lightweight and durable boom designs.
The lattice and telescopic boom market research report is one of a series of new reports from The Business Research Company that provides lattice and telescopic boom market statistics, including the lattice and telescopic boom industry global market size, regional shares, competitors with lattice and telescopic boom market share, detailed lattice and telescopic boom market segments, market trends, and opportunities, and any further data you may need to thrive in the lattice and telescopic boom industry. These lattice and telescopic boom market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The lattice and telescopic boom market size has grown steadily in recent years. It will grow from $1.94 billion in 2025 to $2.01 billion in 2026 at a compound annual growth rate (CAGR) of 3.4%. The growth in the historic period can be attributed to expansion of infrastructure projects, growth in construction activities, demand for heavy lifting solutions, development of ports and energy projects, urbanization trends.
The lattice and telescopic boom market size is expected to see steady growth in the next few years. It will grow to $2.27 billion in 2030 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to mega infrastructure investments, expansion of renewable energy projects, adoption of smart construction equipment, demand for efficient lifting solutions, growth of modular construction. Major trends in the forecast period include growth of high-capacity lifting equipment, demand for long-reach cranes, integration of telematics in cranes, focus on jobsite safety enhancements, adoption of hybrid crane systems.
The rising demand for construction is expected to drive the growth of the lattice and telescopic boom market going forward. The construction industry covers a wide range of activities related to infrastructure design, building, and maintenance, including the creation of new structures as well as the renovation, repair, and demolition of existing ones. Lattice and telescopic booms support the industry by providing extended reach, operational versatility, and effective maneuverability in challenging job-site environments. For example, in November 2024, the Office for National Statistics, a UK-based non-ministerial department, reported that the value of new construction work in Great Britain in 2023 increased by 4.2% to a record £139,029 million, driven by growth of £2,050 million in the private sector and £3,578 million in the public sector. Thus, the rising demand for construction is fueling the lattice and telescopic boom market.
Major companies in the lattice and telescopic boom market are developing self-leveling boom lift technology to enhance flexibility, extend reach, and improve efficiency across construction and industrial applications. Self-leveling boom lift technology is an advanced feature in aerial work platforms (also known as boom lifts or cherry pickers) that automatically keeps the work platform level regardless of the boom's position or the terrain. For instance, in January 2025, Genie, a US-based aerial-work-platform manufacturer, launched the Genie S 85 XC FE hybrid and S 85 XC E electric telescopic boom lifts. These lifts are designed for construction, industrial, and maintenance applications, offering rough-terrain capability, extended reach, and hybrid/electric operation for versatile job-site use. They feature a dual-capacity "Xtra Capacity" system for lifting people, tools, and materials simultaneously, and an on-platform AC power supply for welding or tool operation. Advanced 4-wheel drive and oscillating axle systems enable stable operation on uneven terrain, enhancing productivity and safety. These innovations reflect the continued evolution of telescopic boom lifts to meet modern construction and industrial demands.
In January 2025, Tadano Ltd., a Japan-based provider of construction and material-handling cranes and aerial work platforms, acquired Manitex International in an all-cash transaction valued at US$223 million. Through this acquisition, Tadano aims to broaden and diversify its lifting-equipment product portfolio and accelerate growth in global truck-crane and aerial-work-platform markets. Manitex International is a U.S.-based provider of mobile truck cranes, specialized industrial lifting solutions, aerial work platforms, construction equipment, and rental solutions for infrastructure, maintenance, utility, manufacturing, and construction sectors.
Major companies operating in the lattice and telescopic boom market are Kobleco Kobe Steel, The Liebherr Group, Sumitomo Heavy Industries Ltd., Ingersoll Rand Inc., Terex Corporation, Mammoet, The Manitowoc Company Inc., Palfinger AG, Tadano Ltd., Sarens n.v./s.a, Kato Works Co. Ltd., Link-Belt Cranes, Manitex International Inc., Favelle Favco Berhad, SANY Group, Lampson International LLC, Jekko s.r.l., XCMG Group, Sennebogen Maschinenfabrik GmbH, Cormach Srl
Asia-Pacific was the largest region in the lattice and telescopic boom market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in the lattice and telescopic boom market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the lattice and telescopic boom market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The lattice and telescopic boom market consists of sales of telescopic boom cranes, telescopic boom lifts, and telescopic handlers. 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.
Lattice And Telescopic Boom 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 lattice and telescopic boom 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 lattice and telescopic boom ? 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 lattice and telescopic boom 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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