Telescopic Mast Market to Reach $603.1.1 Million by 2032 – IMF Comprehensive Research Report

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Global Telescopic Mast Market Outlook 2017-2021 vs Forecast 2022-2032

/EIN News/ — DUBAI, United Arab Emirates, Feb. 15 2022 (GLOBE NEWSWIRE) — Global sales in the telescopic mast market are expected to be valued at over US$374.0.8 million in 2022, growing at a CAGR of 4.9% during the forecast period.

Telescopic Masts Market Analysis (2021) US$358.7.4 million
Telescopic Masts Market Analysis Estimated Annual Value (2022) US$374.0.8 million
Telescopic Masts Market Analysis Projected Annual Value (2032) US$603.1.1 million
CAGR Based on Telescopic Masts Market Value (2022-2032) 4.9%
Telescopic Mast Market Collective Value Share: Top 3 Countries (2022) 32.4%

According to Future Market Insights (IMF), the increasing use of telescopic masts in the military sector is driving the market. Military vehicles are equipped with small portable telescopic or pneumatic masts for effective surveillance, which is expected to increase the market growth.

The increasing development of innovative technologies by manufacturers is driving the sales of pneumatic telescopic masts, thereby fueling the worldwide sales of telescopic masts.

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Pneumatic telescopic masts are operated using air pressure and erect faster than conventional or mechanical telescopic masts, making them more popular among end users.

Growing requirements for telescopic masts from commercial, military, security, municipal and other sectors are expected to drive the demand in the telescopic masts market over the forecast period.

“Rising investments in the military sector across the globe, along with the growing adoption of pneumatic and motorized telescopic masts will continue to drive the market sales over the forecast period,” says the IMF analyst.

Key points to remember:

  • By end use, the military sector is expected to hold over 39% of the total market share by volume in 2022.
  • Based on product type, sales in the push-up telescopic mast segment are expected to hold more than 28% of the total market share.
  • Per load, the demand in the middleweight segment is expected to increase at a CAGR of 4.3% during the forecast period.
  • In terms of size, demand in the >15m to 34m segment is expected to reach US$267.3 million by 2032.
  • Sales in the U.S. telescopic mast market are expected to grow 3.9% year-over-year in 2022.
  • The German telescopic mast market is expected to grow at a CAGR of 3.3% through 2032.
  • China will emerge as a lucrative market, with sales growing at a CAGR of 4.4% over the forecast period.

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Report scope

Attribute Details
Forecast period 2022-2032
Historical data available for 2017-2021
Market analysis Millions of US dollars for value and units for volume
Key regions covered North America, Latin America, Europe, South Asia-Pacific, East Asia, Middle East,
and Africa
Main countries covered The United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, BENELUX,
Russia, Turkey, South Africa, GCC Countries, North Africa, Japan, China, South Korea,
India, ASEAN, Australia, New Zealand.
Key Segments Covered Product type, load, height, end use and region
Profiled Key Companies • The rat

• Fireco United States

• Hilomast LLC

• Lighting and RVA masts

• Willburt

• Blue Sky masts

• C&S antennas

• Rohn LLC Products

• Mast systems (Transdigim Inc)

• Comrod Marine Communications Group

• A2Z security cameras

• Channel master

• Aluma Tower Company

• Floatgraph Mast and Trailer Solutions, LLC

• Easy Up Inc.

• SERAPID Inc.

• Larson Electronics

Report cover Market forecasting, company share analysis, competitive intelligence,
DROT analysis, market dynamics and challenges, and
Strategic growth initiatives
Customization and pricing Available on demand

Competition landscape

The global telescopic mast market is moderately consolidated, with major players accounting for approximately over 40% of the market share. Major players are investing in product development and expanding their distribution channels to enhance their market presence.

Some of the key players in this industry include the RATT, Willburt, Mast System (Transdigim Inc.), Rohn Products Inc, Comrod Communication Group Marine, SERAPID Inc. and others.

Find more valuable information

The research report analyzes the demand for telescopic masts. The global telescopic mast market has been analyzed with the impact of COVID-19, various macroeconomic factors, market trends and market background. According to Future Market Insights, the market has been analyzed on the basis of product type (retractable masts, hitch masts, integral mast trailer, push button masts and cable/belt masts), load (light, medium and heavy duty ), height (up to 15m, 15-34m and 34-50m), end use (commercial, military, security and municipal) and region. The report provides qualitative and quantitative information about the different players in this market. This report also tracks the market based on supply and demand factors.

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