Bucket Trucks Market

The automatic bucket truck segment is projected to account for a larger share of the overall market due to its widespread use in various industrial settings such as construction, manufacturing, agriculture, and transportation. The market is segmented on the basis of application and product type. In terms of application, the market is divided into construction, mining, forestry, and transportation.

A truck equipped with an extendable hydraulic boom carrying a large bucket for raising workers to elevated, inaccessible areas.At its core, a bucket truck is simply a utility truck fitted with a hydraulic pole (boom) that has a man-carrying bucket at its end. The bucket helps keep the worker safe as the boom lifts him up to where he can comfortably use his tools and safely perform his job.

The global bucket truck market size was estimated at USD XX billion in 2018 and is projected to grow at a CAGR of **% during the forecast period of 2019–2031. The demand for bucket trucks has been increasing owing to their applications in mining, construction, and other heavy-duty industries.

However, the growth prospects for this segment are projected to be higher over the forecast period as it finds applications in various sectors such as construction, mining, forestry, and transportation. The automatic bucket truck segment is projected to account for a larger share of the overall market due to its widespread use in various industrial settings such as construction, manufacturing, agriculture, and transportation.

Some major players in the global bucket truck market are Manitowoc, Terex, Altec, Elliott, Manitex, and Tadano.