South Korea Boom Truck Market Size & Outlook, 2025-2030
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South Korea boom truck market highlights
- The South Korea boom truck market generated a revenue of USD 67.7 million in 2024 and is expected to reach USD 91.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.4% from 2025 to 2030.
- In terms of segment, behind the cab mount was the largest revenue generating mount in 2024.
- Rear Mount is the most lucrative mount segment registering the fastest growth during the forecast period.
Boom truck market data book summary
| Market revenue in 2024 | USD 67.7 million |
| Market revenue in 2030 | USD 91.8 million |
| Growth rate | 5.4% (CAGR from 2025 to 2030) |
| Largest segment | Behind the cab mount |
| Fastest growing segment | Rear Mount |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Swing Seat, Rear Mount, Behind the Cab Mount |
| Key market players worldwide | The Manitowoc Company, Fassi Gru SpA, Elliott, Altec, Manitex, Terex |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global boom truck market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China boom truck market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 218.0 million by 2030.
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Boom Truck Market Scope
Boom Truck Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Manitex | View profile | 101-250 | Georgetown, Texas, United States, North America | https://www.manitex.com |
| Altec | View profile | 101-250 | Laguna Hills, California, United States, North America | http://altec-inc.com |
| Elliott | View profile | 1-10 | Madrid, Madrid, Spain, Europe | http://elliott.es/ |
| Fassi Gru SpA | View profile | 251-500 | Albino, Lombardia, Italy, Europe | https://www.fassi.com |
| The Manitowoc Company | View profile | 10001+ | Manitowoc, Wisconsin, United States, North America | http://www.manitowoc.com/ |
| Terex | View profile | 10001+ | Westport, Connecticut, United States, North America | http://www.terex.com |
South Korea boom truck market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to boom truck market will help companies and investors design strategic landscapes.
Behind the cab mount was the largest segment with a revenue share of 57.02% in 2024. Horizon Databook has segmented the South Korea boom truck market based on swing seat, rear mount, behind the cab mount covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of boom truck market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea boom truck market , including forecasts for subscribers. This country databook contains high-level insights into South Korea boom truck market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea boom truck market size, by mount, 2018-2030 (US$M)
South Korea Boom Truck Market Outlook Share, 2024 & 2030 (US$M)
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