Global Crane Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The global crane market accounted for USD 32.10 billion in 2016, and it is projected to grow at a CAGR of 5.9% during the forecast period 2018-2023.
The key players of global crane market are Cargotec Oyj (Finland), Konecranes PLC (Finland), Liebherr Group (Switzerland), The Manitowoc Company, Inc. (U.S.), Terex Corporation (U.S.), Tadano Ltd. (Japan), Xuzhou Construction Machinery Group Co., Ltd. (China), Manitex International Inc. (U.S.), Sumitomo Heavy Industries Construction Crane Co., Ltd (Japan), and Shanghai Zhenhua Heavy Industry Co., Ltd. (China).
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Crane is primarily used for lifting of heavy loads and transporting them to other places. It is widely used in mining, shipyards and marine sector. Growth in the power distribution sector across the globe, drives the demand of the market. Investments in the energy transmission & distribution (T&D) networks and the up gradation and expansion of existing networks also fuel the demand of cranes in the sector.
The market has been analyzed based on crane types, applications, and regions. On the basis of applications, global crane market is segmented as construction & infrastructure, mining, oil & gas, and others, out of which, construction dominates the application segment of the global crane market. The growing demand for residential spaces across the globe due to increase in population, ultimately drives the demand of crane. Cranes are used in oil & gas sector for loading and unloading of drill pipes, containers etc.
Mobile crane dominates the crane type segment of the global cranes market
On the basis of crane types, global Crane Market is segmented as mobile cranes, fixed cranes, and marine cranes. Mobile crane dominates the crane type segment of the global crane market mainly due to factors such as it is transported from one place to another. Various advantages of the mobile crane that also have a positive influence on the growth of the market are are flexibility and ability to access smaller areas, capability & power to lift heavy loads, and time efficiency. Mobile crane is further segmented as wheeled mounted mobile cranes, commercial truck-mounted cranes, crawler cranes, side boom, straddle cranes and others.
Marine cranes is the fastest-growing crane type segment of the global crane market mainly due increasing demand from shipyards and oil & gas sector. Marine cranes are further classified into the mobile harbor, gantry, offshore and ship cranes.
Scope of Report
This research report provides insights, on various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global Crane market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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- Manufacturing Industries
- Distributer & Supplier companies
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
- Research Organizations
- Product matrix which gives a detailed comparison of the market for different recycled product types
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
- Geographical analysis across 15 countries
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
Study Objectives of Global Crane market
- To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global crane market
- To provide insights about factors affecting the market growth
- To analyze the global crane market based on tools such as Supply Chain Analysis, and Porter’s Five Force Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by crane type, by application and by region
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the crane market
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Cranes Market Information from 2017 to 2023″
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