Global Crane Market Information Report by Crane Types (Mobile Cranes, Fixed Cranes, and Marine Cranes), By Application (Construction & Infrastructure, Mining, Oil & Gas, and others) and By Region – Global Forecast To 2023
Crane is primarily used for lifting heavy loads and transporting them to other places. It is widely used in mining, shipyards and marine sector. The growing demand from the oil & gas sector for loading and unloading of loads such as drill pipes, and containers is fuelling the demand of the market. However, high maintenance cost of crane is the factor that may hamper the growth of the market. The global crane market was accounted for USD 32.10 billion in 2016, and it is projected to grow at a CAGR of 5.9% during the forecast period.
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On the basis of regions, global crane market is segmented as North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific dominates global crane market. Growth in construction and infrastructure sector mainly due to increase in population, is driving the demand of the market in Asia-Pacific region. China and India are the major markets in this region. Asia-Pacific region is expected to be the fastest growing market during the forecast period.
Europe and North America are other major markets for Crane. Expansion and upgradation of power grids and distribution networks are driving the demand of the market in these regions.
This study provides an overview of the global cranes market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global crane market by its crane type, application and region.
By Crane Type
• Mobile Cranes
• Fixed Cranes
• Marine Cranes
By Application
• Construction & Infrastructure
• Mining
• Oil & Gas
• Others
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
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Key Players
• 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 Industry Construction Cranes Co. Ltd.(Japan)
• Shanghai Zhenhua Heavy Industry Co., Ltd. (China)
Intended Audience
• Manufacturing Industries
• Distributer & Supplier companies
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
• Research Organizations
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Company Information
• 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
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The report for Global Crane Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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