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Telescopic Boom Market by Product Type (High Reach Telescopic Boom and Heavy Lift Telescopic Boom), by Capacity (Less Than 100 Ton, 100 Ton- 200 Ton, and More Than 200 Ton), by End User (Construction, Transportation, Mining & Quarries, and Others), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Telescopic Boom Market size was valued at USD 2.7 USD Billion in 2023 and is projected to reach USD 3.34 USD Billion by 2032, exhibiting a CAGR of 3.1 % during the forecast period. A telescopic boom is another structural part used in construction equipment and gadgets, which in construction can be pulled in and pulled out. It comprises successive circular tubes that slide over each other, in a telescopic fashion that increases reach and height, variably. Some of the types are in straight telescopic booms which are for vertical extension and telescopic articulated booms that can rotate around the vicinity. Features such as durability, fluid movement in terms of opening/ extension and sometimes the ability to rotate are some of the features to look at. Uses include construction and maintenance operations where access is needed from above, activities such as erecting structures and removing tree branches among others, and rescue and unique sectors of industry.
Our report provides a comprehensive analysis of the telescopic boom market, including:
The Asia Pacific region is expected to hold the largest market share due to the rapid growth in construction activities in emerging economies such as China and India. North America and Europe are also significant markets for telescopic booms due to their advanced infrastructure and manufacturing sectors.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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