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    US Boom Truck Market

    ID: MRFR/CO/15927-HCR
    111 Pages
    Snehal Singh
    October 2025

    US Boom Truck Market Research Report: By Capacity (Up to 15 Tons, 15 Tons–25 Tons, 25 Tons–35 Tons, Above 35 Tons) and By Application (Construction, Utilities, Industries, Others) - Forecast to 2035

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    US Boom Truck Market Infographic
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    US Boom Truck Market Summary

    As per MRFR analysis, the US boom truck market Size was estimated at 400.0 USD Million in 2024. The US boom truck market is projected to grow from 426.0 USD Million in 2025 to 800.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.5% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US boom truck market is experiencing robust growth driven by technological advancements and increased construction activities.

    • Technological advancements are enhancing the efficiency and safety of boom trucks, making them more appealing to operators.
    • Sustainability initiatives are influencing manufacturers to develop eco-friendly boom truck models, aligning with industry trends.
    • Urbanization and infrastructure growth are driving demand, particularly in the construction and utility segments, which are the largest in the market.
    • Increased construction activities and rising demand for aerial work platforms are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 400.0 (USD Million)
    2035 Market Size 800.0 (USD Million)

    Major Players

    Terex Corporation (US), Altec Industries Inc (US), Manitex International Inc (US), Bronto Skylift (FI), Palfinger AG (AT), Versalift (US), Skyjack Inc (CA), XCMG Group (CN)

    US Boom Truck Market Trends

    The boom truck market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand across various sectors. The integration of innovative features, such as enhanced safety mechanisms and improved fuel efficiency, appears to be a primary focus for manufacturers. This shift not only addresses the operational needs of businesses but also aligns with broader environmental goals. As companies seek to optimize their fleets, the emphasis on sustainability and cost-effectiveness is likely to shape purchasing decisions in the near future. Moreover, the regulatory landscape is evolving, with stricter safety standards and emissions regulations influencing the design and functionality of boom trucks. This regulatory pressure may compel manufacturers to invest in research and development, fostering a competitive environment that prioritizes compliance and innovation. Additionally, the growing trend of urbanization and infrastructure development in the US suggests a sustained demand for boom trucks, particularly in construction and maintenance applications. As these trends unfold, stakeholders in the boom truck market must remain agile to adapt to changing consumer preferences and regulatory requirements.

    Technological Advancements

    The boom truck market is witnessing a surge in technological innovations, particularly in automation and telematics. These advancements enhance operational efficiency and safety, allowing operators to monitor equipment performance in real-time. As a result, businesses are increasingly adopting these technologies to streamline operations and reduce downtime.

    Sustainability Initiatives

    There is a growing emphasis on sustainability within the boom truck market, driven by both regulatory requirements and consumer preferences. Manufacturers are exploring eco-friendly materials and energy-efficient designs, which may lead to a shift in production practices. This trend reflects a broader commitment to reducing environmental impact.

    Urbanization and Infrastructure Growth

    The ongoing trend of urbanization in the US is contributing to increased demand for boom trucks, particularly in construction and maintenance sectors. As cities expand and infrastructure projects proliferate, the need for versatile lifting solutions becomes more pronounced. This trend suggests a robust market outlook for boom trucks in the coming years.

    US Boom Truck Market Drivers

    Increased Construction Activities

    The boom truck market experiences a notable surge due to heightened construction activities across the United States. As urban areas expand and infrastructure projects gain momentum, the demand for boom trucks rises significantly. In 2025, the construction sector is projected to contribute approximately $1 trillion to the economy, indicating a robust growth trajectory. This growth is likely to drive the need for specialized equipment, including boom trucks, which are essential for lifting and placing materials at elevated heights. The boom truck market benefits from this trend as contractors seek efficient solutions to meet project deadlines and enhance productivity. Furthermore, the increasing complexity of construction projects necessitates the use of advanced machinery, further propelling the demand for boom trucks in various applications, from residential buildings to large-scale commercial developments.

    Technological Integration in Equipment

    The integration of advanced technologies into boom trucks is reshaping the market landscape. Innovations such as telematics, GPS tracking, and automated controls are becoming standard features in modern boom trucks. This technological evolution enhances operational efficiency and provides real-time data analytics, which are crucial for project management. In 2025, it is anticipated that the adoption of smart technologies in the boom truck market could increase by 30%, driven by the need for improved productivity and safety. Companies are increasingly recognizing the value of data-driven decision-making, which allows for better resource allocation and maintenance scheduling. As a result, the boom truck market is likely to witness a shift towards more sophisticated models that not only meet operational demands but also align with the growing trend of digital transformation in the construction sector.

    Rising Demand for Aerial Work Platforms

    The boom truck market is experiencing a rising demand for aerial work platforms, which are essential for various applications, including maintenance, construction, and utility work. As industries seek efficient solutions for accessing elevated areas, the popularity of boom trucks equipped with aerial work capabilities is on the rise. In 2025, the market for aerial work platforms is projected to grow by 25%, reflecting the increasing reliance on these machines for safe and effective operations. This trend is particularly evident in sectors such as telecommunications and energy, where maintenance of overhead lines and structures is critical. The boom truck market stands to benefit from this growing demand, as companies invest in versatile equipment that can adapt to diverse operational needs, thereby enhancing overall productivity.

    Regulatory Compliance and Safety Standards

    The boom truck market is significantly influenced by stringent regulatory compliance and safety standards imposed by federal and state authorities. In the United States, regulations governing equipment safety and operational protocols are becoming increasingly rigorous. This trend compels construction companies to invest in modern boom trucks that meet or exceed these safety requirements. As of 2025, it is estimated that compliance-related expenditures in the construction sector could reach $50 billion, highlighting the financial implications of adhering to safety standards. Consequently, the boom truck market is likely to see a shift towards advanced models equipped with safety features such as load monitoring systems and enhanced stability controls. This focus on safety not only protects workers but also minimizes liability risks for companies, thereby fostering a more secure working environment.

    Economic Recovery and Investment in Infrastructure

    The boom truck market is poised for growth as the United States experiences economic recovery and increased investment in infrastructure projects. Government initiatives aimed at revitalizing transportation networks and public facilities are likely to drive demand for construction equipment, including boom trucks. In 2025, infrastructure spending is expected to reach $200 billion, creating a favorable environment for the boom truck market. This influx of capital not only stimulates construction activities but also encourages companies to upgrade their fleets with modern boom trucks that offer enhanced capabilities. As infrastructure projects become more prevalent, the need for reliable and efficient lifting solutions will continue to rise, positioning the boom truck market for sustained growth in the coming years.

    Market Segment Insights

    By Capacity: 25 tons–35 tons (Largest) vs. 20 tons–25 tons (Fastest-Growing)

    The capacity segment of the US boom truck market exhibits a significant market share distribution, with the 25 tons–35 tons range being recognized as the largest segment. This capacity category caters to a diversified array of construction and industrial applications, thereby ensuring its leading position in the market. Meanwhile, the 20 tons–25 tons category is witnessing an increase in preference due to its adaptability and efficiency, making it a competitive player in the growing market landscape. Growth trends reveal that the 25 tons–35 tons segment remains robust, with demand anticipating steady positive trajectories fueled by rising infrastructure projects and greater construction activities. Additionally, the emergence of advanced technologies enhances the operational efficiencies and capabilities of machines within this category, propelling its appeal among consumers and solidifying its market foothold against the backdrop of evolving economic landscapes.

    25 tons–35 tons (Dominant) vs. 20 tons–25 tons (Emerging)

    The 25 tons–35 tons capacity segment stands out as a dominant player in the boom truck market, known for its unmatched strength and versatility across various industrial applications. Catering to both heavy-duty construction tasks and mundane lifting needs, this segment serves major industries such as infrastructure, utilities, and construction. In contrast, the 20 tons–25 tons segment is emerging rapidly, especially among small to medium-sized enterprises looking for practical solutions that offer both efficiency and cost-effectiveness. This transition showcases a growing trend towards adopting boom trucks that are not only powerful but also more economical and user-friendly, creating a dynamic competitive landscape.

    By Application: Construction (Largest) vs. Other Applications (Fastest-Growing)

    In the US boom truck market, the Construction segment holds the largest market share, significantly outpacing other applications. This dominance is driven by the increasing demand for efficient and versatile lifting solutions in the construction industry. Other applications, while smaller in share, are witnessing rapid growth as businesses seek innovative solutions to optimize operations. The growth of the Construction segment can be attributed to several factors including infrastructural development, urbanization, and stringent safety regulations that necessitate the use of specialized equipment. As construction activities ramp up, the demand for boom trucks is expected to surge, positioning this segment as a crucial player in the market's expansion and modernization efforts.

    Construction (Dominant) vs. Other Applications (Emerging)

    The Construction segment in the US boom truck market stands out due to its robust demand driven by ongoing infrastructure projects and urban development. As the dominant force, it benefits from the requirement of versatile equipment capable of handling various tasks such as lifting heavy materials and accessing hard-to-reach areas. Conversely, other applications, while emerging, are gaining traction as industries adopt boom trucks for tasks beyond construction, including maintenance and logistics. This diversification in usage highlights a growing recognition of boom trucks' capabilities, presenting opportunities for innovations and tailored solutions to meet specific industry needs.

    Get more detailed insights about US Boom Truck Market

    Key Players and Competitive Insights

    The boom truck market exhibits a dynamic competitive landscape characterized by a blend of innovation, strategic partnerships, and regional expansion. Key players such as Terex Corporation (US), Altec Industries Inc (US), and Manitex International Inc (US) are actively shaping the market through their distinct operational focuses. Terex Corporation (US) emphasizes technological advancements in its product offerings, aiming to enhance operational efficiency and safety. Altec Industries Inc (US) has adopted a strategy centered on customer service and support, ensuring that their boom trucks meet the specific needs of various industries. Meanwhile, Manitex International Inc (US) is pursuing growth through strategic acquisitions, thereby expanding its product portfolio and market reach. Collectively, these strategies contribute to a competitive environment that is increasingly focused on innovation and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain resilience. This approach appears to be particularly effective in a moderately fragmented market where multiple players vie for market share. The collective influence of these key players fosters a competitive structure that encourages continuous improvement and adaptation to market demands.

    In October 2025, Terex Corporation (US) announced the launch of a new line of electric boom trucks, reflecting a commitment to sustainability and reducing carbon emissions. This strategic move not only aligns with global trends towards greener technologies but also positions Terex as a leader in eco-friendly equipment solutions. The introduction of electric models is likely to attract environmentally conscious customers and could potentially reshape market expectations regarding product offerings.

    In September 2025, Altec Industries Inc (US) expanded its service network by opening three new service centers across the Midwest. This expansion is indicative of Altec's strategy to enhance customer support and accessibility, thereby strengthening its market position. By improving service availability, Altec may increase customer loyalty and retention, which are critical in a competitive landscape where service quality can differentiate brands.

    In August 2025, Manitex International Inc (US) completed the acquisition of a regional competitor, which is expected to enhance its market presence and operational capabilities. This acquisition not only broadens Manitex's product range but also allows for greater economies of scale. Such strategic consolidations are likely to intensify competition, as they enable companies to leverage synergies and optimize their operations.

    As of November 2025, the boom truck market is increasingly defined by trends such as digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaborative solutions. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and customer-centric strategies are likely to thrive, as the market evolves towards more sophisticated and sustainable solutions.

    Key Companies in the US Boom Truck Market market include

    Industry Developments

    The US Boom Truck Market has seen notable developments recently, particularly with JLG Industries enhancing its product range with advanced telematics features, improving operational efficiency for users. In October 2023, Terex Corporation reported an increase in demand for aerial work platforms, contributing significantly to their quarterly earnings growth.

    A merger announcement in June 2023 revealed that Haulotte Group acquired specific assets of a failed competitor, intending to expand its market presence and product offerings in North America. Additionally, Skyjack launched a new line of electric boom lifts aimed at reducing carbon emissions, reflecting the industry's shift towards sustainable equipment.

    Over the past two years, companies such as Genie and Xtreme Manufacturing have expanded their production facilities within the US to meet increasing customer demand for innovative boom trucks. Furthermore, the Illinois Tool Works reported consistent growth in their aerial work platform sales, a segment that has been pivotal for the consolidation in the market.

    The Federal Government's infrastructure spending increase is another significant factor currently influencing market dynamics, as it leads to more project opportunities requiring boom trucks.

    Future Outlook

    US Boom Truck Market Future Outlook

    The boom truck market is projected to grow at a 6.5% CAGR from 2024 to 2035, driven by infrastructure development, technological advancements, and increased demand for efficient lifting solutions.

    New opportunities lie in:

    • Expansion into electric boom truck models for sustainability
    • Development of telematics solutions for fleet management
    • Partnerships with construction firms for integrated service offerings

    By 2035, the boom truck market is expected to achieve robust growth and enhanced market positioning.

    Market Segmentation

    US Boom Truck Market Capacity Outlook

    • 25 tons–35 tons

    US Boom Truck Market Application Outlook

    • Construction

    Report Scope

    MARKET SIZE 2024 400.0(USD Million)
    MARKET SIZE 2025 426.0(USD Million)
    MARKET SIZE 2035 800.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.5% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Terex Corporation (US), Altec Industries Inc (US), Manitex International Inc (US), Bronto Skylift (FI), Palfinger AG (AT), Versalift (US), Skyjack Inc (CA), XCMG Group (CN)
    Segments Covered Capacity, Application
    Key Market Opportunities Integration of advanced telematics and automation technologies in the boom truck market.
    Key Market Dynamics Technological advancements drive efficiency and safety improvements in the boom truck market, reshaping competitive dynamics.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Boom Truck Market in 2024?

    The US Boom Truck Market is expected to be valued at 460.0 million USD in 2024.

    What is the projected market size of the US Boom Truck Market by 2035?

    By 2035, the US Boom Truck Market is anticipated to reach a valuation of 827.0 million USD.

    What is the expected CAGR for the US Boom Truck Market from 2025 to 2035?

    The expected CAGR for the US Boom Truck Market from 2025 to 2035 is 5.477%.

    Which capacity segment is projected to have the highest market value in 2035?

    The 15 Tons–25 Tons capacity segment is projected to have the highest market value at 288.5 million USD in 2035.

    What is the market value of the 'Up to 15 Tons' segment in 2024?

    The 'Up to 15 Tons' segment is valued at 130.0 million USD in 2024.

    Who are the major players in the US Boom Truck Market?

    Major players in the US Boom Truck Market include JLG Industries, Genie, Skyjack, and Terex Corporation among others.

    What is the anticipated market value for the 'Above 35 Tons' capacity segment in 2035?

    The 'Above 35 Tons' capacity segment is expected to reach a market value of 138.0 million USD in 2035.

    What is the market growth rate for the US Boom Truck Market in the next decade?

    The US Boom Truck Market is projected to grow at a rate of 5.477% annually from 2025 to 2035.

    What has been identified as a key driver for growth in the US Boom Truck Market?

    Key drivers for growth in the US Boom Truck Market include increased demand for elevated work platforms across various industries.

    What impact do current industry trends have on the US Boom Truck Market?

    Current trends toward automation and efficiency enhancements are expected to significantly influence the growth of the US Boom Truck Market.

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