Global Crane Market – Size, Share and Forecasts (2018-2025)

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Crane Market

  • 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 a 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 the energy sector have driven the demand for cranes.

 

Global Crane Market Analysis

  • Accidents in manufacturing plants and construction sites involving crane structural failures occur every year owing to negligence on the 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 the 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 & stiff leg 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 to market share owing to an increase in demand for 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 a higher growth rate of the crane market boosted by economic development and growth of the construction market.


  • Based on End-user, market is segmented into Construction, Oil & Gas, Manufacturing, Metals & Mining, and Others.
  • The demand for cranes is on the rise in the Construction sector, which leads by market share owing to the 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.

 

Crane Market Report Scope

By Type

• Mobile Cranes

• Fixed Cranes


By End-User

• Construction

• Oil & Gas

• Manufacturing

• Metals & Mining

• Others


By Region

• Asia Pacific

• Europe

• North America

• South America

• Rest of the World

 

Why purchase the report?

• Visualize the composition of the Crane market across each indication, regarding type and applications, highlighting the critical commercial assets and players.

• Identify business 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 vital Crane products of all major market players.

 

Who can derive maximum benfits from this report?

• Raw Material Suppliers/ Buyers

• Product Suppliers/ Buyers

• Industry Investors/Investment Bankers

• Education & Research Institutes

• Research Professionals

• Emerging Companies

• Manufacturers

Global Crane Market

1. Methodology and Scope

1.1 Research methodology

1.2 Scope of the Report

2. Industry Trends

2.1 Key Trends & Developments

3. Market Outlook

3.1 Industry Impact Factors (Drivers & Restraints)

3.2 Competitive Intensity- Porter 5 Forces

4. Product-based Analysis

4.1. By Type

4.1.1. Mobile Cranes

4.1.1.1. Truck Mounted

4.1.1.2. All Terrain

4.1.1.3. Crawler

4.1.1.4. Others (Rough Terrain, Loader, Telescopic)

4.1.2. Fixed Cranes

4.1.2.1. Monorail Cranes

4.1.2.2. Tower Cranes

4.1.2.3. Gantry Cranes

4.1.2.4. Others (Ring Cranes, Stiffleg cranes)

4.2. By End-User

4.2.1. Construction

4.2.2. Oil & Gas

4.2.3. Manufacturing

4.2.4. Metals & Mining

4.2.5. Others (Shipping & Transport)

4.3. By Geography

4.3.1. Asia Pacific

4.3.1.1. China

4.3.1.2. India

4.3.1.3. Japan

4.3.1.4. Australia

4.3.1.5. Others

4.3.2. Europe

4.3.2.1. Russia

4.3.2.2. Germany

4.3.2.3. The United Kingdom

4.3.2.4. Others

4.3.3. North America

4.3.3.1. The US

4.3.3.2. Canada

4.3.3.3. Mexico

4.3.4. South America

4.3.4.1. Brazil

4.3.4.2. Argentina

4.3.4.3. Others

4.3.5. RoW

5. Competitive Analysis

5.1 Market Share Analysis

5.2 Key Strategies adopted by Manufacturers

5.3 Product Benchmarking

6. 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. 

7. Appendix

7.1 Sources

7.2 List of Tables

7.3 Expert Panel Validation

7.4 Disclaimer

7.5 Contact Us

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