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The boom truck market size is forecast to increase by USD 464.1 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by the expansion of end-user industries, particularly in urban areas. Urbanization has led to a demand in construction projects, infrastructure development, and telecommunications, all of which require the use of boom trucks for lifting and transporting heavy loads. Another trend shaping the market is the development of autonomous boom trucks, which offer increased efficiency and safety. However, the market also faces challenges, including the increasing availability of second-hand boom trucks and counterfeit boom trucks, which can negatively impact the industry's profitability and safety standards. Overall, the market is poised for continued growth, driven by the needs of various industries and the ongoing advancements in technology.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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