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  The   boom truck market  has witnessed significant growth and development in recent years, driven by the increasing demand for versatile lifting solutions across various industries. Boom trucks, also known as knuckle boom cranes or articulating cranes, offer a unique combination of mobility, reach, and lifting capacity, making them indispensable in a wide range of applications. This article explores the key factors contributing to the    boom truck market's growth, its diverse applications, and the emerging trends shaping its future. The Boom Truck Crane Market Size was valued at USD 3085.8 Million in 2023. The Boom Truck Crane industry is projected to grow from USD 3231.7 Million in 2024 to USD 4953.6 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.48% during the forecast period (2024 - 2032). Versatility and Adaptability: One of the primary reasons for the surge in the  boom truck market...

  Market Scope Market Research Future (MRFR) During the ongoing forecast period of 2021-2028, the market is likely to function at an elaborated scale by gaining a global CAGR of 5.4%. The market is likely to attain a total market value that accounts for USD 1,378.3 million Top Boosters and Main Barriers The COVID-19 analysis in the report sheds light on the shrinking demand as well as the plummeting prices of power all across the world, leading to a profound effect on the overall industry. Keeping in mind the long-term impact of COVID-19, a majority of companies are currently striving to bring down the costs of safeguarding the liquidity, complete with efforts to ensure ceaseless operations in a bid to curb revenue loss. While countries are rushing to achieve a COVID-19 breakthrough, the present lockdown situation is restraining the movement of materials across construction sites. The short turn impact of the pandemic on companies has been unsparing, with a drastic drop in the inve...

  Market Scope Market Research Future (MRFR) reveals that in 2018, the boom truck market 2020 was worth USD 1,378.3 Million and can advance at a rate of 5.4% over the forecast period (between 2019 and 2024). We will provide COVID-19 impact analysis with report. Top Boosters and Main Barriers The COVID-19 analysis in the report sheds light on the shrinking demand as well as the plummeting prices of power all across the world, leading to a profound effect on the overall industry. Keeping in mind the long-term impact of COVID-19, a majority of companies are currently striving to bring down the costs of safeguarding the liquidity, complete with efforts to ensure ceaseless operations in a bid to curb revenue loss. While countries are rushing to achieve a COVID-19 breakthrough, the present lockdown situation is restraining the movement of materials across construction sites. The short turn impact of the pandemic on companies has been unsparing, with a drastic drop in the investment capac...