Bucket trucks market research report by 2019 to 2024 Bucket Trucks Market PDF | Page 2

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.
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2024.”
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Growing deployment in telecommunications
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.
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Economic growth in Europe
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.
However, the impact of the country’s decision to leave the European Union (EU) may create
market risks for certain companies. Further, continuous slowdown in the international trade
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