Global Boom Lifts Market Expected to Reach USD 19.6 Billion by 2033 - IMARC Group

Global Boom Lifts Market Statistics, Outlook and Regional Analysis 2025-2033

The global boom lifts market size was valued at USD 12.4 Billion in 2024, and it is expected to reach USD 19.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.18% from 2025 to 2033.

Significant advancements driven by innovations that focus on enhanced performance, ease of maintenance, and sustainability are the factors accountable for the boom lifts market growth. In parallel, the market shift is rising towards more fuel-efficient and environmentally friendly models, as manufacturers seek to meet regulatory standards and improve operational efficiency. For instance, in November 2024, JCB launched T65D, which offers a dual-zone lift capacity of 1,000 lbs. at 80% range and 600 lbs. at 100% powered by the 74-hp JCB 444 EcoMAX engine. This diesel-powered telescopic boom lift delivers power and prioritizes sustainability with the EcoMAX engine, thereby reducing emissions while maintaining high performance. Similarly, the model features a 360-degree rotation and enhanced control systems, showcasing a push toward greater precision and control in lifting operations. Besides this, Sinoboom also made significant strides in the European market with the launch of the AB15J Plus articulating boom lift in April 2024. This model features a 300kg platform capacity and is equipped with a Kubota 18kW engine, emphasizing high oil pressure, improved gradeability, and easier maintenance. The introduction of these features aligns with the increasing demand for equipment that can manage more challenging terrains and higher capacities, particularly in the construction and industrial sectors.

Moreover, the active oscillation function and continuous turntable rotation also contribute to a smoother operational experience, driving the demand for boom lifts with enhanced maneuverability. In November 2024, at Bauma China, Sinoboom further advanced the market with the launch of several new models, including the TB42ERJ Plus, AB22J Plus, AB26EJ Plus, and VM05EL. These models, both electric and diesel-powered, showcase cutting-edge features, such as four-wheel steering (4WS) and a focus on eco-friendly solutions. The presence of both electric and diesel-powered models highlights the growing emphasis on versatile, eco-conscious equipment that can cater to various regional market needs. Thus, this launch at Bauma China is particularly significant, as the Chinese market has been expanding rapidly, which is driven by increasing urbanization and the demand for more sustainable construction practices.

Global Boom Lifts Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America dominates the boom lifts market due to its robust construction and infrastructure development, along with a growing demand for safe, efficient lifting equipment.

North America Boom Lifts Market Trends:

North America is the dominating region in the market, driven by the inflating focus on green technologies, which is increasing the adoption of eco-friendly equipment. In May 2024, Skyjack launched the SJ45 AJE+ and SJ60 AJE+ electric boom lifts, offering 51ft and 66ft heights. These all-electric, zero-emission models feature high traction, enhanced duty cycles, and improved sustainability with up to 42% carbon savings. Also, the inclusion of telematics and ease of maintenance further enhances their appeal. Such innovations align with North America's emphasis on reducing emissions and adopting sustainable machinery in the construction sector, further solidifying its leadership in the market.

Europe Boom Lifts Market Trends:

In Europe, the market is driven by increasing infrastructure development, particularly in the construction and maintenance sectors. In addition, countries like Germany are witnessing a surge in demand due to urbanization and high-rise building construction. Meanwhile, the adoption of advanced electric boom lifts, offering low emissions, is gaining momentum due to stricter environmental regulations, further boosting market growth.

Asia Pacific Boom Lifts Market Trends:

In the Asia Pacific region, the market is expanding due to rapid industrialization. In addition, China, with its ongoing urban development and large-scale construction activities, plays a significant role. Besides this, the increasing need for safety equipment is spurring the adoption of boom lifts, thereby escalating the market growth.

Latin America Boom Lifts Market Trends:

In Latin America, the market is experiencing growth due to rising construction and oil & gas industries. Furthermore, Brazil is a major contributor with a focus on urban development and offshore drilling activities. The increased focus on worker safety and efficiency in construction projects is encouraging the adoption of boom lifts. Also, infrastructure investment continues to support market expansion in the region.

Middle East and Africa Boom Lifts Market Trends:

The Middle East and Africa boom lifts market is expanding due to the ongoing construction boom, especially in countries like the UAE. Dubai’s mega-projects, including skyscrapers and large-scale developments, are fueling demand for boom lifts. Moreover, the region’s rapid urbanization and focus on sustainable construction methods are increasing the use of aerial work platforms, propelling the market growth.

Top Companies Leading in the Boom Lifts Industry

Some of the leading boom lifts market companies include Dexterlifts Oy, Dinolift Oy, Galmon (S) Pte Ltd, Haulotte Group SA, JLG Industries, Inc. (Oshkosh Corporation), Leguan Lifts Oy (Avant Tecno Group), Niftylift (UK) Limited, Skyjack Inc (Linamar Corporation), Teupen Maschinenbau GmbH, Xuzhou Construction Machinery Group Co., Ltd., and Zoomlion Heavy Industry Science&Technology Co., Ltd., among many others. In October 2024, Niftylift launched the HR15 H2E and HR17 H2E hydrogen-electric boom lifts. These zero-emission machines offer extended operation without grid access, ideal for remote sites. Also, they feature hydrogen fuel cells, doubling battery life, and are already operational in the UAE.

Global Boom Lifts Market Segmentation Coverage

• On the basis of the engine type, the market has been bifurcated into electric and engine-powered. Electric boom lifts help reduce emissions, noise pollution, and energy consumption, aligning with global environmental regulations. Meanwhile, engine-powered boom lifts provide robust performance and reliability, especially in outdoor environments with demanding terrains.
• Based on the product type, the market is categorized into trailer mounted booms, vehicle mounted booms, and crawler/spider booms, amongst which vehicle mounted booms dominate the market. They are often used for maintenance and repair operations, providing flexibility and efficiency in urban areas with limited space.
• On the basis of the end use, the market has been divided into rental, construction and building, mining, transportation and logistics, landscaping and orchard work, and others. Among these, rental exhibits a clear dominance in the market. For short-term requirements and cost-saving considerations drive demand as companies opt to rent rather than purchase these machines.