The Global Crane Market is expected to grow at a CAGR of 6.98% during the forecast period (2018-2025). Cranes are industrial machinery equipped with cables and pulleys which are used to lift heavy materials, finding application in construction sites, manufacturing plants, and other industries.
Technological innovations have been made to make the crane energy efficient and light-weight, thus providing boost to market growth. This has driven the use of cranes at building sites, shipping yards and industrial factories. Cranes are also employed at petrochemical sites, and explorations of oil and gas in energy sector have driven the demand of cranes.
Global Mobile Crane sales, 2016-2018
Accidents in manufacturing plants and construction sites involving crane structural failures occur every year owing to negligence on part of human operators, overloading of cranes or machinery failure. Regulations about safety standards put forth by federal authorities and accidental hazards might impact market growth.
Based on type, the crane market is segmented into mobile cranes and fixed Cranes. Mobile Cranes can be further categorized into truck mounted cranes, all-terrain cranes, crawler cranes, and others including rough terrain cranes, loader cranes and telescopic cranes. Fixed cranes can be categorized into monorail cranes, tower cranes, gantry cranes and others including ring cranes & stiffleg cranes. Fixed Cranes are more extensively used in oil & gas sector and construction sector. However, mobile cranes are also being employed in mining operations owing to greater mobility and flexibility of use in hilly terrains.
Geographically, North America leads market share owing to increase in demand of cranes to be deployed in construction sites and manufacturing units. Technological upgradation of cranes by key players to maintain competitiveness in the market has also driven market growth in North America. Asia-Pacific will however witness higher growth rate of crane market boosted by economic development and growth of construction market.
The market is further categorized based on End-user, which includes Construction, Oil & Gas, Manufacturing, Metals & Mining, and Others. The demand for cranes is on the rise in Construction sector, which leads by market share owing to increase in deployment of cranes in building sites and shipbuilding yards. The report segments the geographies by regions, which include Asia Pacific, North America, South America, Europe, and RoW.
DataM analyses the complete scenario of the Global Crane market, market segmentation, geography analysis, companies, trends and opportunities in the market. The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The report profiles the following companies, which includes ALE, Altec, Broderson Cranes, Cargotec, Fassi Gru, Konecranes, Lampson, Mammoet, Maxim Crane works, and Sarens.
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Key market segments covered
Oil & Gas
Metals & Mining
Rest of the World
Why purchase the report?
Visualize the composition of the Crane market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
Identify commercial opportunities in Crane Market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Crane market – level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the key Crane products of all major market players.
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
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Table of Contents
Chapter 1. Methodology and Scope
1.1 Research methodology
1.2 Scope of the Report
Chapter 2. Global Crane Market– Trends
2.1 Key Trends & Developments
Chapter 3. Global Crane Market – Industry Analysis
3.1 Industry Impact Factors (Drivers & Restraints)
3.2 Competitive Intensity- Porter 5 Forces
Chapter 4. Global Crane Market- Product Analysis
4.1. By Type
4.1.1. Mobile Cranes
220.127.116.11. Truck Mounted
18.104.22.168. All Terrain
22.214.171.124. Others (Rough Terrain, Loader, Telescopic)
4.1.2. Fixed Cranes
126.96.36.199. Monorail Cranes
188.8.131.52. Tower Cranes
184.108.40.206. Gantry Cranes
220.127.116.11. Others (Ring Cranes, Stiffleg cranes)
4.2. By End-User
4.2.2. Oil & Gas
4.2.4. Metals & Mining
4.2.5. Others (Shipping & Transport)
4.3. By Geography
4.3.1. Asia Pacific
18.104.22.168. The United Kingdom
4.3.3. North America
22.214.171.124. The US
4.3.4. South America
Chapter 5. Global Crane Market- Competitive Landscape
5.1 Market Share Analysis
5.2 Key Strategies adopted by Manufacturers
5.3 Product Benchmarking
Chapter 6. Global Crane Market- Company Profiles
6.1. ALE Heavylift
6.2. Altec Industries
6.3. Broderson Manufacturing Corp.
6.4. Cargotec CorporationW
6.5. Fassi Gru S.p.A.
6.6. Konecranes Inc.
6.7. Lampson International
6.8. Mammoet Holding B.V.
6.9. Maxim Crane works, L.P.
6.10. Sarens N.V.
Chapter 7 Global Crane Market- Appendix
7.2 List of Tables
7.3 Expert Panel Validation
7.5 Contact Us
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