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Connected Vehicles Market Size, Trends, Analysis, and Outlook by Type (Embedded, Tethered, Integrated), Application (Car, Train, Other), service (Connected Services, Safety & Security, Autonomous Driving), Transponder (On-board Unit, Roadside Unit), Network (Dedicated Short Range Communication, Cellular), Hardware (Smart Antenna, Display, Electronic Control Unit (ECU), Sensors), End-User (OEM, Aftermarket), by Country, Segment, and Companies, 2024-2030

April 2024 | 201 pages | ID: CAFC5B089A46EN
VPAResearch

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The global Bucket Truck market size is poised to register 6.75% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Bucket Truck market by Component (Storage bins, Bucket lifts, Jacks), Application (Construction, Utilities, Industries, Others), End-User (Construction, Electrical, Telecom, Oil & Gas, Others).
The Bucket Truck Market is anticipated to witness significant evolution and innovation by 2030, driven by a blend of technological advancements, infrastructure development, and changing industry dynamics. As the demand for efficient aerial work platforms grows across various sectors such as construction, utilities, and telecommunications, there's an increasing need for bucket trucks that offer enhanced safety, versatility, and productivity. Trends such as the rise of electric and hybrid propulsion systems, advanced telemetry and monitoring technologies, and customizable features are reshaping the requirements for bucket trucks, driving the need for solutions that provide improved efficiency, reliability, and environmental sustainability. In addition, as governments worldwide invest in infrastructure projects and utilities upgrade their networks, there's a rising emphasis on bucket trucks that offer greater reach, maneuverability, and payload capacity to meet diverse operational requirements. Further, as industries prioritize worker safety and operational efficiency, there's an increasing adoption of bucket trucks equipped with advanced safety features, ergonomic designs, and intuitive control systems. With manufacturers focusing on innovation and customization to meet evolving customer needs and industry standards, the Bucket Truck Market is poised for sustained growth and advancement, shaping the future of aerial work platforms and elevated access solutions..

Bucket Truck Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Bucket Truck market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Bucket Truck survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Bucket Truck industry.

Key market trends defining the global Bucket Truck demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Bucket Truck Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Bucket Truck industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Bucket Truck companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Bucket Truck industry
Leading Bucket Truck companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Bucket Truck companies.

Bucket Truck Market Study- Strategic Analysis Review
The Bucket Truck market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Bucket Truck Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Bucket Truck industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Bucket Truck Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Bucket Truck Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Bucket Truck market segments. Similarly, Strong end-user demand is encouraging Canadian Bucket Truck companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Bucket Truck market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Bucket Truck Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Bucket Truck industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Bucket Truck market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Bucket Truck Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Bucket Truck in Asia Pacific. In particular, China, India, and South East Asian Bucket Truck markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Bucket Truck Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Bucket Truck Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Bucket Truck market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Bucket Truck.

Bucket Truck Market Company Profiles
The global Bucket Truck market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aichi Corp, Altec Inc, CTE group SPA, Elliott Equipment Company, Link Belt, Manitex International Inc, Manitowoc Cranes, Palfinger AG, Tadano Ltd, Versalift.

Recent Bucket Truck Market Developments
The global Bucket Truck market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Bucket Truck Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Component
Storage bins
Bucket lifts
Jacks
Application
Construction
Utilities
Industries
Others
End-User
Construction
Electrical
Telecom
Oil & Gas
Others

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Aichi Corp
Altec Inc
CTE group SPA
Elliott Equipment Company
Link Belt
Manitex International Inc
Manitowoc Cranes
Palfinger AG
Tadano Ltd
Versalift.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Connected Vehicles Market Overview and Key Findings, 2024
1.2 Connected Vehicles Market Size and Growth Outlook, 2021- 2030
1.3 Connected Vehicles Market Growth Opportunities to 2030
1.4 Key Connected Vehicles Market Trends and Challenges
  1.4.1 Connected Vehicles Market Drivers and Trends
  1.4.2 Connected Vehicles Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Connected Vehicles Companies

2. CONNECTED VEHICLES MARKET SIZE OUTLOOK TO 2030

2.1 Connected Vehicles Market Size Outlook, USD Million, 2021- 2030
2.2 Connected Vehicles Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. CONNECTED VEHICLES MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. CONNECTED VEHICLES MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Embedded
Tethered
Integrated
Application
Car
Train
Other
service
Connected Services
Safety & Security
Autonomous Driving
Transponder
On-board Unit
Roadside Unit
Network
Dedicated Short Range Communication
Cellular
Hardware
Smart Antenna
Display
Electronic Control Unit (ECU)
Sensors
End-User
Original Equipment Manufacturer (OEM)
Aftermarket
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Connected Vehicles Market, 2025
5.2 Asia Pacific Connected Vehicles Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Connected Vehicles Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Connected Vehicles Market, 2025
5.5 Europe Connected Vehicles Market Size Outlook by Type, 2021- 2030
5.6 Europe Connected Vehicles Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Connected Vehicles Market, 2025
5.8 North America Connected Vehicles Market Size Outlook by Type, 2021- 2030
5.9 North America Connected Vehicles Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Connected Vehicles Market, 2025
5.11 South America Pacific Connected Vehicles Market Size Outlook by Type, 2021- 2030
5.12 South America Connected Vehicles Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Connected Vehicles Market, 2025
5.14 Middle East Africa Connected Vehicles Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Connected Vehicles Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Connected Vehicles Market Size Outlook and Revenue Growth Forecasts
6.2 US Connected Vehicles Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Connected Vehicles Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Connected Vehicles Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Connected Vehicles Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Connected Vehicles Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Connected Vehicles Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Connected Vehicles Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Connected Vehicles Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Connected Vehicles Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Connected Vehicles Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Connected Vehicles Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Connected Vehicles Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Connected Vehicles Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Connected Vehicles Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Connected Vehicles Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Connected Vehicles Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Connected Vehicles Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Connected Vehicles Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Connected Vehicles Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Connected Vehicles Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Connected Vehicles Industry Drivers and Opportunities

7. CONNECTED VEHICLES MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. CONNECTED VEHICLES COMPANY PROFILES

8.1 Profiles of Leading Connected Vehicles Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Audi AG
BMW AG
Ford Motor Company
General Motors Company
Honda Motor Co. Ltd
Mercedes-Benz AG
Nissan Motor Co. Ltd
Tesla Inc
Toyota Motor Corp
Volkswagen AG

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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