Report Code: A08476 | Pages: NA | Jul 2023 | 1357 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Bucket Truck Market
Request Now !Bucket truck refers to the truck equipped with an extendable hydraulic boom carrying a large bucket for raising up the workers to the high rise buildings or high elevation. It is used for transferring heavy items to the high elevated areas such as high buildings, hilly areas, telephone towers and others. Its components include bucket lift, storage bin and jacks to provide space and stability for raising of heavy loads.Â
COVID-19 scenario analysis:
The increase in demand for heavy utility vehicles drives the market growth. The rise in construction activities in the hilly areas and high altitude buildings has also created a positive impact in the growth of the bucket truck market. Surge in government initiatives to upgrade the existing power grids across various countries is expected to boost the growth of the bucket truck market. Increase in demand for the bucket trucks in the telecom industry for setting up, and lifting workers to the high towers and maintenance of large towers also boosts the market growth.
The global bucket truck market trends are:
The design of bucket trucks is transformed due to new discoveries and technological advancements. In the past few years, the new green fuel technology and powerful aerial lift technology in bucket trucks is gaining popularity. In November 2018, one of the global leader in bucket truck Versalift collaborated with Xuji Electric to establish an aerial lift factory in China. Further, in September 2019, one of the global leader in bucket truck named Manitowoc Inc. from Wisconsin, U.S. had launched a new bucket truck NBT 60L. The NBT 60L bucket truck features include the largest boom of 151ft to a 196 ft with an optional jib, a deluxe operator tilt cab for the graphical display and the diagnostics tools. It is ideal for the oil & gas industry and setting up the high poles.Â
The bucket trucks are employed for the various applications such as telecommunications, electric utility, fire rescue, exterior painting, vegetation management, street lights and highway signs. The bucket truck is used as a utility vehicle for the electrical and telephone line maintenance. These trucks protect the workers from high voltage wires by lifting them to high rise tower in an insulated bucket frame. Further, these trucks are used in fire rescue of people during a fire outbreak in tall buildings. The bucket trucks help in trimming the tree branches from the power lines for the maintenance purposes by lifting the workers to high elevated power poles. It also serves for the painting exterior walls by lifting the workers to high rise apartments, residential, and commercial buildings. It is also used for transferring building materials and heavy loads from floor to the top of the high-rise buildings. Moreover, in the installation of street lights in streets and highways bucket trucks is used by lifting the workers and equipment to an elevated height.
Key benefits of the report:
Bucket Truck Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
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Key Market Players | Manitowoc Cranes, Manitex International Inc., Versalift, Altec Inc., Aichi Corporation, CTE group SPA, Elliott Equipment Company, Palfinger AG, Tadano Ltd., Link Belt |
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