Crane Market | Global Industry Analysis, Market Segments, Size and Outlook 2017-2024 (1)

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Crane Market

• Global Market Trends, Analysis Outlook
  2017-2024

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Report Summary

• The global cranes market is poised to grow during
  the forecast period of 2017 to 2024.
• Various reasons for the growth of the cranes
  market are higher demand from construction and
  infrastructure industry,
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• The growth of economies in developing nations,
  construction of smart cities and mega cities and
  technological innovations which have resulted in
  lighter and more energy efficient cranes.
• Continuous technological advancement in this
  sector has led to the creation of more adaptable,
  intelligent and modular cranes. There is a higher
  demand for energy efficient, lighter and compact
  cranes.

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Market Insights

• Cranes market is segmented on the basis of
  geography, type and end user. On the basis of the
  type, it can be segmented into mobile cranes,
  fixed cranes and marine and port cranes.
• Marine port cranes are further classified into
  the mobile harbor, gantry, offshore and ship
  cranes. Fixed cranes are segmented into monorail
  and underhung cranes, overhead track-mounted
  cranes, tower cranes and stiff-leg derrick.
• Mobile cranes are classified into wheeled mounted
  mobile cranes, commercial truck-mounted cranes,
  crawler cranes, side boom, straddle cranes,
  railroad cranes, aerial cranes and others. End
  uses for cranes can be construction,
  infrastructure, shipyards, automotive, excavation
  and mining and others.

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Market Insights

• Mobile cranes are classified into wheeled mounted
  mobile cranes, commercial truck-mounted cranes,
  crawler cranes, side boom, straddle cranes,
  railroad cranes, aerial cranes and others. End
  uses for cranes can be construction,
  infrastructure, shipyards, automotive, excavation
  and mining and others.
• It is expected that the market for marine cranes
  will report the highest growth in the forecast
  period due to increasing sea trade. However, the
  market for fixed cranes is going to grow at a
  slow rate in the forecast period.
• As end-user, cranes will be used mostly by the
  construction industry. Improving fiscal situation
  in developing countries like India, China, Brazil
  and the African and the Latin American region
  will lead to rapid urbanization and the need for
  more construction activities.
• Factors that will restrain market growth are high
  maintenance costs, stringent emission norms,
  supply crunch in raw materials and unstable fuel
  prices.

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Market Share
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Competitive Insights

• The major market players for cranes are Liebherr,
  Cargotec, Terex, XCMG, Zoomlion, Konecranes,
  Manitowoc, APMC, Tadano and Sany. Established
  companies have a good hold on the cranes market
  due to the high cost of investment needed to
  enter and sustain in the market.
• Companies are forming alliances and are going for
  mergers and acquisitions to strengthen their
  market position.
• Organizations are investing in research and
  development to come up with novel and innovative
  products that will capture new market share.

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Report Segmentation

• GLOBAL CRANE MARKET, BY TYPE
• MOBILE CRANES
• WHEEL MOUNTED MOBILE CRANES
• COMMERCIAL TRUCK MOUNTED CRANES
• CRAWLER CRANE
• SIDE BOOM
• STRADDLE CRANES
• RAILROAD CRANES
• AERIAL CRANES
• OTHER MOBILE CRANES
• FIXED CRANES
• MONORAIL UNDERHUNG
• OVERHEAD TRACK MOUNTED CRANES
• TOWER CRANES
• MINING AND EXCAVATION
• MARINE AND OFFSHORE
• INDUSTRIAL OTHERS

• MARINE PORT CRANES
• MOBILE HARBOUR CRANES
• FIXED HARBOUR CRANES
• OFFSHORE
• SHIP CRANES
• OTHER CRANE TYPES
• GLOBAL CRANE MARKET, BY APPLICATION TYPE
• CONSTRUCTION AND INFRASTRUCTURE
• MINING AND EXCAVATION
• MARINE AND OFFSHORE
• INDUSTRIAL
• OTHERS

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Report Segmentation

• GLOBAL CRANE MARKET BY GEOGRAPHY
• NORTH AMERICA
• US
• CANADA
• MEXICO
• REST OF NORTH AMERICA
• SOUTH AMERICA
• ARGENTINA
• BRAZIL
• REST OF SOUTH AMERICA
• EUROPE
• UK
• FRANCE
• GERMANY
• RUSSIA
• ITALY
• SWEDEN
• SPAIN
• REST OF EUROPE

• ASIA PACIFIC
• INDIA
• CHINA
• JAPAN
• SOUTH KOREA
• AUSTRALIA
• REST OF ASIA-PACIFIC
• AFRICA MIDDLE-EAST
• EGYPT
• UAE
• SAUDI ARABIA
• SOUTH AFRICA
• REST OF AFRICA MIDDLE-EAST

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