Boom Trucks Market 2025: Key Companies Growth, Regional Trends & Industry Analysis

Latin America boom trucks market is anticipated to gain major traction over next few years. The utility industry across the region is investing heavily in modernizing the grid along with upgrading existing aging infrastructure. Brazil is among the largest renewable energy and electricity markets across the region and the growing utility applications will boost the vehicle adoption.

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Increasing investments towards infrastructure development across the globe may drive boom trucks market outlook. A boom truck offers hoisting capability of a small crane along with towing and travel capacity of a flatbed truck surface. When it is attached to a man-basket, it efficiently acts as a hoist to safely lift workers over hundred feet or more at worksite. Due to the equipment’s versatility, it is widely used at large construction sites to access remote locations and for carrying heavy materials to elevated heights.

Rapidly evolving telecom industry is in constant need of cranes for new project development and replacement of old plants. Increasing demand for truck-mounted cranes from the telecom and utility sectors is likely to bolster the need for these vehicles in the coming years. Global boom trucks market size is anticipated to reach US$3.5 billion in annual revenues by the end of 2025.

Hybrid bucket trucks are witnessing high demand from street lighting contractors for replacement of fleets and maintenance applications. The high adoption rate of hybrid bucket trucks can be attributed to low noise and reduced fuel consumption. Class 6 trucks are also gaining immense popularity due to beneficial product attributes like tight turning radius and high mileage.

These trucks are majorly used for lifting and carrying lightweight equipment and materials across utility and construction sectors. Class 6 trucks are also used in telecom sector for lifting technicians at elevated heights for wire replacement or other maintenance operations. In a bid to improve operational productivity and efficient transportation of heavy equipment and machinery at construction sites, construction companies, government as well as private contractors are deploying this equipment.

According to the ETA (International Trade Association) the Brazilian electric power sector is estimated to receive investments of around US$95 billion by the end of 2026. A growth in government spending for the development of basic infrastructure facilities including railway stations, metro stations and airports across the region will create avenues for industry growth.

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Some Point from Table of Contents:

Chapter 5. Boom Trucks Market, By Vehicle Class

5.1. Key trends by vehicle class

5.2. Class 4

5.2.1. Market estimates and forecast, 2015 – 2025

5.3. Class 5

5.3.1. Market estimates and forecast, 2015 – 2025

5.4. Class 6

5.4.1. Market estimates and forecast, 2015 – 2025

5.5. Class 7

5.5.1. Market estimates and forecast, 2015 – 2025

5.6. Class 8

5.6.1. Market estimates and forecast, 2015 – 2025

Chapter 6. Boom Trucks Market, By Application

6.1. Key trends by application

6.2. Rental

6.2.1. Market estimates and forecast, 2015 – 2025

6.3. Construction

6.3.1. Market estimates and forecast, 2015 – 2025

6.4. Utility

6.4.1. Market estimates and forecast, 2015 – 2025

6.5. Others

6.5.1. Market estimates and forecast, 2015 – 2025

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