Market Share of Telescopic Boom Lift Industry
The telescopic boom lift market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions. For instance,
- In February 2024, JCB launched the T65D, a new diesel-powered telescopic boom lift. Powered by a 74-hp JCB 444 EcoMAX engine, it offers 360-degree continuous rotation and can accommodate three workers in the basket throughout its full operating range.
Telescopic Boom Lift Market Leaders
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JLG Industries, Inc.
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Aichi Corporation
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Terex Corporation
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Linamar Corporation
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Tadano Ltd.
*Disclaimer: Major Players sorted in no particular order