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Bucket Trucks Market Share

Report ID: GMI4285
Published Date: May 2024
Report Format: PDF

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Bucket Trucks Market Share

Terex Corporation provides tailored solutions and integrated packages including bucket trucks with complementary offerings such as utility equipment, material handling attachments, and digital control systems. This comprehensive approach delivers complete aerial work solutions designed to meet various operational needs.

Palfinger AG stays at the forefront of the bucket truck market through R&D investments, partnerships with technology firms, and the integration of advanced features, such as aerial work platforms, telematics solutions, and digital control systems, into its bucket truck offerings.

Bucket Trucks Market Companies

Major players operating in the market are:

Aichi Corporation
Altec Inc.
Axion Lift
Bronto Skylift
CTE Group SPA
Dur-A-Lift Inc.
Elliott Equipment Company
Equipment Technology LLC
Manitex International Inc.
Palfinger AG
Tadano Ltd.
Terex Corporation
Versalift

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for bucket trucks was valued at USD 1.5 billion in 2023 and is estimated to register over 7.5% CAGR between 2024 and 2032, driven by government investments in power grid upgradation projects.

The non-insulated segment in the bucket trucks market accounted for over 82% share in 2023 and will exceed USD 2.3 billion in revenue by 2032, as they are adequate and cost-effective.

North America market accounted for over 45% share in 2023, as governments are making significant investments in modernizing old infrastructure, such as highways, bridges, and power grids.

Aichi Corporation, Altec Inc., Axion Lift, Bronto Skylift, CTE Group SPA, Dur-A-Lift Inc., Elliott Equipment Company, Equipment Technology LLC, Manitex International Inc., Palfinger AG, Tadano Ltd., Terex Corporation and Versalift