The mobile crane market is expected to grow over the CAGR of around 4% during the period 2017 to 2023.
移动起重机市场主要由我ncreasing focus on the infrastructural developments. Power distribution is also largely contributing to the growth of the market as it is being extensively used during the construction and maintenance activities required during the process of power distribution. The adoption of GPS technology by the equipment holders have ensured operational efficiency and profitability. Therefore, the adoption of telematics is expected to contribute to the growth of the mobile crane market.
Mobile crane refers to a lifting device, which is incorporated of a cable controlled crane mounted on a rubber tired carrier comprising of a telescopic boom. It is being designed to facilitate easy transportation between various operating locations by road.
The key players of mobile crane market are利勃海尔集团(瑞士),徐工集团(中国),Manitowoc Company, Inc. (U.S.), Tadano Ltd. (Japan), Terex Corporation (U.S.), Palfinger AG (Austria), Sany Group Co. Ltd (China), Zoomlion Co., Ltd. (China), Kato-works Co. Ltd. (Japan), Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd (Japan), LiuGong Machinery Co., Ltd. (China) and others.
Market Segmentation
Asia-Pacific region is expected to grow rapidly in the mobile crane market, owing to factors such as the increasing demand for innovations in the infrastructure by the commercial and residential construction industries. The other factors driving the growth of the market are the political stability in the region and the booming construction industry in the region. The increasing urbanization and the introduction of smart cities in the region are also contributing to the growth of the mobile crane market.
Product AnalysisProduct matrix which gives a detailed comparison of the market for different recycled product type
AdditionalInformation
Geographic Analysis
Company Information
The report formobile crane marketof 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.
Report Attribute/Metric | Details |
---|---|
Market Size | 2027: Significant Value |
CAGR | 4% CAGR (2020-2027) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product, Application, Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | 利勃海尔集团(瑞士),徐工集团(中国),Manitowoc Company, Inc. (U.S.), Tadano Ltd. (Japan), Terex Corporation (U.S.), Palfinger AG (Austria), Sany Group Co. Ltd (China), Zoomlion Co., Ltd. (China), Kato-works Co. Ltd. (Japan), Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd (Japan), LiuGong Machinery Co., Ltd. (China) and others. |
Key Market Opportunities | |
Key Market Drivers | Adoption of GPS technology and focus on infrastructural developments |
Frequently Asked Questions (FAQ) :
Mobile crane market projected to grow at a 4% CAGR between 2017-2023.
The APAC region is expected to lead the mobile crane market.
Adoption of GPS technology and focus on infrastructural developments is adding to the mobile crane market growth.
Mobile cranes are widely used in building cars, shipbuilding, industries, and construction.
Specific strategies that industry players have incorporated to create a niche in the mobile cranes market include mergers, partnerships, and product development.