How big is the Boom Lifts Market | Industry Size, Trends & Forecast 2025

Q: How big was the boom lifts market in 2024?

The boom lifts market was estimated at USD 3.2 billion in 2024.

Q: What is the projected boom lifts market size by 2031?

The boom lifts market is expected to reach USD 6.2 billion by 2031.

Q: What factors are driving the boom lifts market?

Infrastructure growth, safety regulations, and adoption of electric-powered aerial platforms are major drivers.

Q: What trends are shaping the industry?

Key trends include compact lift designs, electrification, and use of smart technologies for maintenance and operation.

Q: What challenges does the boom lifts market face?

High capital costs, operator training requirements, and limited access in certain terrains and regions.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5232

Publication Date: Jul 2025

What is the size of the Boom Lifts Market?

According to 6Wresearch internal database and industry insights, theBoom Lifts Market was estimated atUSD 3.2 billion in 2024 and is projected to reachUSD 6.2 billion by 2031, growing at aCAGR of 7.4% during the forecast period 2025–2031.

Due to factors such as the rapid urban infrastructure development, increasing construction activities, and growing emphasis on workplace safety and efficiency in elevated operations, the market is continued to rise in the future.

Key Growth Factors of the Boom Lifts Market

Rising demand for safe aerial work platforms in construction and maintenance
Expansion of industrial, commercial, and telecom infrastructure
Development in rental equipment markets across developing economies
Adoption of electric and hybrid lifts to reduce carbon footprint
Government regulations for worker safety at height

Boom Lifts Market Trends

The boom lift market is moving forward with the numbers of emerging trends which include the shift towards the compact, electric-powered boom lifts for urban use and indoor applications. Aside from this, the huge demand started coming from fleet owners who are integrating telematics and remote diagnostics for performance tracking and preventive maintenance. Collectively, all these trends are contribution in the expansion of the market.

Emerging Developments in the Boom Lifts Market

Boom lifts market is developing over the years as the manufacturers are developing hybrid and lithium-ion battery-powered boom lifts to enhance energy efficiency and lower emissions.Further, the automation features such as self-levelling platforms, advanced load sensors, and obstacle detection systems are becoming standard. Furthermore, the market is noticed the emphasizing focus on AI-based operator assistance systems to improve precision and safety.