© 2017 Global Market Insights, Inc. USA. All Rights Reserved Bucket trucks market trends research and projections for  Bucket.

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Presentation transcript:

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Bucket trucks market trends research and projections for  Bucket trucks market size is garnering increased momentum demand all over the world, from the rapid growth of the construction sector as a result of investments in infrastructure development projects. Considerable increase in the global population has resulted in large-scale urbanization over the past few decades, which is driving the demand for smart and sustainable infrastructure solutions. Bucket trucks market size  These utility vehicles facilitate easy lifting of people in the air or at heights where ladders cannot be used, or the use of ladders is unsafe. However, the maintenance of these trucks is quite a complex task that involves a number of steps such as checking the working condition of battery, engine, power steering, transmission and wheels. Higher maintenance costs may impact bucket trucks market trends in the coming years.

 Fast-growing world population has gradually fueled the demand for high-quality reliable power. Governments in many regions around the world are making investments to upgrade their existing grid infrastructures.  Increasing number of grid development projects will certainly accelerate the demand for insulated bucket trucks in the near future.  These trucks find widespread use in the utility sector. They facilitate safe conveyance of linemen to large heights where they perform tasks such as maintaining, improving and managing electric power distribution and telecommunication network.  Surging demand for these trucks from the utility & power sector will provide tremendous growth opportunities for bucket trucks market size. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Booming global utility sector

 Proliferation of smartphones worldwide is adding up to the demand for enhanced and seamless connectivity. Several regions are increasingly spending on telecommunication infrastructure development projects to address this burgeoning demand.  Presence of major telecom companies in developing economies and their efforts to upgrade existing network is assisting the business growth.  Global bucket trucks market is gaining immense traction on account of extensive use in the telecommunication sector. These trucks are available in various designs and the sturdy built of these trucks makes them best-suited for a range of applications in the telecom sector. Global bucket trucks market  Growing deployment in telecommunications © 2017 Global Market Insights, Inc. USA. All Rights Reserved

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for a Sample Copy of this

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This  Competitive Analysis:  Key players operating in the bucket trucks market share include Aichi Corporation, Axion Lift, Manitex International Inc., Versalift, Terex Corporation, Palfinger AG, Socage S.R.L, Altec Corporation and CTE Group. Companies are trying to expand their regional presence by acquiring smaller companies and expanding their product portfolio.  Regional Analysis:  Presence of major rental companies such as Haulotte Group, Riwal and Kiloutou in the U.K. is anticipated to promote the regional growth. Utility & power and telecommunication sectors in the region are expanding at a rapid pace.  Flourishing construction sector in the region will present new opportunities for bucket trucks market players, from consistent need for hazardous development, repair and maintenance works. UK construction sector is increasingly focusing on replacing conventional construction equipment with advanced lifting equipment.

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