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BOOMSTAR BSFB-9.32 Industry Development

In 2026, the articulated boom lift industry is poised for steady growth and enhanced quality. The global market is projected to reach approximately $1.214 billion, marking a year-on-year increase of 4.3%. Domestically, electric-powered models now account for over 60% of the market share, while the proportion of intelligent models continues to rise; meanwhile, exports have surged by approximately 18.7% year-on-year. Competition is shifting toward system stability, precision positioning, and intelligent collaboration, as the industry transitions from merely selling equipment to offering comprehensive solutions encompassing “equipment + services + data.”

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