— Loader cranes are mainly used for the purpose of loading and unloading heavy vehicles such as trucks and lorries. These cranes are also useful for high elevation lifting of bulky products. The use of loader cranes offers various advantages such as better driving experience, smoother maneuverability and superior lifting capacity. These cranes play an important role in infrastructure development and hence their demand is expected to increase as more and more countries put additional focus on such type of developmental work.
Loader cranes are essential for construction projects where their services are required for transporting and then delivering the goods. The demand for loader cranes is expected to increase in emerging economies as these countries invest more funds in erecting buildings and other infrastructure projects. The expenditure on such infrastructure projects is expected to be incurred by both the public and private sector. Loader cranes are also used in several other industries such as manufacturing, oil and gas, forestry and construction.
Global loader crane market is expected to grow at CAGR of 4.6 percent during 2018-2026. The market size for loader crane is expected to touch $2.08 billion by 2026. A large portion of that demand will be driven by the developments in construction and building segment.
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This report seeks to provide comprehensive and deep analysis of loader crane market. This target is achieved by segregating the market based on various conditions. This report bifurcates loader crane market on the basis of manufacturers. Some of the main loader crane manufacturers covered in this report are Palfinger AG, Atlas Group and Hyva Group. The report also provides information about other producers such as Komatsu, Mammoet and Tadano.
The market for loader crane is also divided on the basis of types. Under this category, the market is divided into Less than 50 kNm, 50 to 150 kNm, 151 to 250 kNm, 251 kNm to 400 kNm, 401 kNm to 600 kNm and over 600 kNm segment. With such bifurcation, it is ensured that each and every segment of the market is given its due attention.
Further division of the loader crane market is done on the basis of application as well. The report provides detailed analysis of the total market under construction, forestry, agriculture, oil & gas, manufacturing, transport & logistics and other categories.
The report also seeks to provide in-depth analysis of loader crane market on geographical basis. The segmentation of the market on regional basis offers detailed scrutiny of major markets such as North America, Europe and China. The report also focuses on other important segments including Japan, Southeast Asia and India. For these markets, various metrics such as demand pattern, demand forecast and competitive mapping are offered.
Loader crane market is expected to show secular increase in its demand. While the demand in developed economies is expected to stay robust, the market size in developing economies will likely see exponential growth in the near future.
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