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TELESCOPIC BOOM LIFT MARKET ANALYSIS

Telescopic Boom Lift Market, by Product Type (Electric drive and Fuel-driven), by End User (Construction Industry, Telecommunication, Aerospace, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Telescopic Boom Lift MarketSize and Trends

Rising Construction of skyscrapers driving growth of the telescopic boom lift market

The gradual increase in number of people living in urban areas has resulted in the building of skyscrapers, which led to rise in demand for telescopic boom lift. These lifts have gained popularity in the construction of skyscrapers due to their compact nature and ease of handling and accessibility. Telescopic boom lift is ideal choice for constructing skyscrapers where telescopic boom lift is used to lift workers, tools and materials to reach extended heights to complete work requirement. For instance, according to Coherent Market Insights, in 2017, the total number of 200-meter-plus buildings around the world reached to 1,319, which increased by 12.3% from 2016.

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