2018-2023 Global Crane and Crane Market-Leading companies are expanding their existing product portfolio or adding new products

2021-12-10 11:05:08 By : Ms. Carrie Xu

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"The crane and crane market is classified by crane type (mobile crane, stationary crane), hoist type (wire rope, roller load chain, welded chain load chain), crane operation (hydraulic, electric, hybrid), crane operation, industrial, geographic -The "Global Forecast to 2023" report has been added to ResearchAndMarkets.com's products.

The crane market size in 2017 is estimated to be 32.93 billion U.S. dollars, and it is expected to reach 44.70 billion U.S. dollars by 2023, with a compound annual growth rate of 5.22% from 2017 to 2023. The crane market size in 2017 is estimated to be 1.82 billion U.S. dollars and is expected to reach 2.65 billion U.S. dollars by 2023, with a compound annual growth rate of 6.41% from 2017 to 2023.

The growth of the crane and crane market is driven by the growing demand for construction machinery from the construction and mining industries for ore mining. The shipping industry's increasing demand for lifting loads and material handling equipment for the aerospace and defense industries is an important opportunity for participants in the crane and crane market. The crane and crane market has been segmented according to type, operation, industry and geography.

The main constraint in the crane and lifting machinery market is the lack of skilled labor to operate cranes and lifting machinery. Over the years, the demand for skilled technicians has been on the rise. However, most industries lack qualified engineers and maintenance personnel to properly support and maintain equipment. Using a large number of components in cranes requires highly skilled labor to install components and wire harness cables and operate different cranes and cranes to lift and reduce different weights.

In 2016, the hydraulic crane crane market accounted for the largest market share. Hydraulic cranes are widely used for lifting and moving heavy objects in shipyards, warehouses and industrial workshops. In addition, hydraulic cranes are used in the transportation, manufacturing and construction industries. The retracted length of the hydraulic cylinder is 20-40% of the full extension.

The crane market in the Asia-Pacific region accounted for the largest market share in 2016. The Asia-Pacific region is the fastest growing market. Due to the huge development in the field of agricultural machinery, it provides huge opportunities for agricultural equipment manufacturers. This is due to the increased demand for farm mechanization to meet the needs of the ever-increasing population. Some governments have provided support to increase the productivity of the agricultural sector through the automation of agricultural methods. India and China are the main markets for cranes in the Asia-Pacific region. In addition, the rapid development of construction, agriculture, infrastructure and mining industries has boosted the crane market in India and Australia.

In 2016, the wire rope hoist market had the largest market share. The wire rope medium varies according to the load capacity of the hoist. These hoists are electric or pneumatic and are mounted overhead on the bridge with the help of trolleys. Wire ropes are widely used in production environments because they provide fast lifting times. They are usually used to lift objects weighing less than 10 tons.

In the crane market, the Asia-Pacific region accounted for the largest market share in 2016. The need to increase production without compromising quality standards has already affected China's manufacturing industry. Manufacturers and suppliers are facing the challenges of increased labor costs and extended delivery times caused by manual processes. As a result, companies are automating their processes to promote the crane market in China.

Konecranes (Finland), Cargotec (Finland), Terex (U.S.), Tadano (Japan), Liebherr (Switzerland), Manitowoc (U.S.), Ingersoll Rand (Ireland), Mammoet (Netherlands), ZPMC (China) and other top companies, Kito (Japan), Xugong (China), Zoomlion (China) and Columbus McKinnon (USA) are adopting product launch strategies to increase their position in the crane and crane market by expanding the existing product portfolio or adding new products.

In January 2017, Columbus McKinnon acquired STAHL Crane Systems (Germany), a manufacturer of explosion-proof cranes and crane components. This acquisition allows the company to focus on growth in non-US markets and expand its European markets. Columbus McKinnon also acquired Magnetek (USA), a leading designer and manufacturer of digital power and motion control solutions for material handling, elevator and mining applications.

Liebherr has adopted an organic growth strategy to develop the industrial lifting equipment market. The company launched a number of new products during the 2015-2016 fiscal year. The company focuses on innovation and new technologies; the company has invested US$605 million, accounting for 6.33% of its total revenue, for research and development. In 2005, Liebherr acquired the Shriro Tower Crane Division from the Hong Kong Shriro Group. Through this acquisition, Liebherr Singapore began to take charge of Liebherr's tower crane business throughout Asia.

1 Introduction 1.1 Research objectives 1.2 Definition 1.3 Research scope 1.3.1 Markets covered by research 1.3.2 Research year considered 1.4 Currency 1.5 Stakeholders 2 Research methods 2.1 Research data 2.1.1 Secondary data Key data from secondary sources Main data Key data from the main source (crane) Key data from the main source (crane) 2.2 Secondary and main research Main industry insights Segmentation of main data 2.3 Market size Estimate 2.3.1 Bottom-up method 2.3.2 Top-down method 2.4 Market segmentation and data triangulation 2.5 Research assumptions 3 Executive summary 4 Premium Insights-Crane and crane market 4.1 Favorable opportunities in the crane market 4.2 Favorable opportunities in the crane market 4.3 Aerospace and defense industry crane market, by region 4.4 crane market, by industry 4.5 mobile crane market, by type North America 4.6 crane market, by industry and country 4.7 crane market, by region 4.8 crane market, by region 5 Market overview 5.1 Introduction 5.2 Market dynamics 5.2.1 Driving factors The shipping industry's demand for lifting loads continues to grow The mining industry's demand for ore extraction and handling equipment continues to grow 5.2.2 Opportunities The aerospace and defense industry's demand for materials The increasing demand for handling equipment The increasing demand in the construction industry 5.2.3 Challenges Oil and gas prices fall Lack of skilled manpower to operate cranes and cranes 5.3 Value chain analysis 6 Crane market, introduced by type 6.1 6.2 Mobile crane 6.2.1 Crawler crane 6.2.2 Rugged terrain crane 6.2.3 All terrain crane 6.2.4 Truck loader crane 6.2.5 Ship crane 6.2.6 Mobile port crane 6.2.7 Automatic stacking crane 6.3 Fixed Cranes 6.3.1 Industrial cranes 6.3.2 Tower cranes 6.3.3 Ship-to-shore cranes 6.3.4 Gantry cranes 7 Crane market, introduced by operation 7.1 7.2 Hydraulic 7.3 Electric 7.4 Hybrid 8 Crane market, by our industry 8.1 Introduction 8.2 Construction 8.3 Aerospace and Defense 8.4 Shipping and Material Handling 8.5 Mining 8.6 Automobiles and Railways 8.7 Shipping 8.8 Energy and Electricity 8.9 Other 9 Regional Analysis: Crane Market 9.1 Introduction 9.2 North America 9.2.1 United States 9.2.2 Canada 9 Mexico 9.3 South America 9.3.1 Chile 9.3.2 Brazil 9.3.3 Peru 9.3.4 Argentina 9.4 Europe 9.4.1 Germany 9.4.2 United Kingdom 9.4.3 France 9.4.4 Netherlands 9.4.5 Rest of Europe 9.5 Asia Pacific) 9.5.1 China 9.5.2 Japan 9.5.3 India 9.5.4 Australia 9.5.5 Rest of Asia Pacific 9.6 Rest of the world ( 9.6.1 Middle East 9.6.2 Africa 10 Crane Market, 10.2 Wire Rope 10.3 Roller Load Chain 10.4 Welded Link Load Chain 10.4 Other 11 Crane Market, Operation 11.1 Introduction 11.2 Pneumatic 11.3 Electric 11.4 Hydraulic 12 Crane Market , Introduce the 13 crane market by industry 12.1, by region 114.1 Introduction landscape analysis 14.1 Overview landscape analysis Crane manufacturers 14.3 Ranking hoist manufacturers 14.4 Fierce competition 14.4.1 Product launch 14.4.2 M&A analysis 14.4.3 Business development 14.4.4 Orders 15 Company Profile 15.1 Konecranes 15.2 Terex, Liebherr 15.3 15.4 15.5 Manitowoc Cargotec 15.6 Zoomlion 15.7 Ingersoll Rand 15.8 Columbus McKinnon 15.9 Ghost Head 15.10 Tadano 15.11 Other Keys Player 15.11.1 Komatsu 15.11.2 Xcmg 15.11.3 Mammoet 15.11.4 Palfinger 15.11.5 Zpmc

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