Pick and Carry (PNC) Crane Market Size & Share - Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Pick and Carry (PNC) Crane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Pick and Carry (PNC) Crane” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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The pick and carry cranes market is passing through an interesting and revolutionary phase. Manufacturers are aggressively looking to add innovative elements to their product category, by carrying out manufacturing advancements in technology along with introduction of latest product lines. These advancements are mainly for precast engineering construction both in residential and commercial construction, and for general infrastructure application. The new generation cranes are designed to cater to the practical working surroundings and needs of construction sites. The new cranes are equipped with improved visibility due to its large cabin and operator comfort. Safety is the most important factor which is considered while manufacturing new generation pick and carry cranes, and also to prevent the cranes from collapsing while working on uneven work sites.

The pick and carry crane market is expected to grow at a satisfactory rate in the coming years. Increasing requirements of molded or ready-made building construction is driving the growth of newer advancements of pick and carry cranes and also launch of advanced telescopic loaders. Earlier, pick and carry cranes and loaders were used mainly for moving and lifting lighter loads, constituting construction materials and utilities within the construction site limits and required at projects. Pick and carry cranes and loaders are designed and manufactured in such a way that it matches newer application requests, such as pre-engineered buildings, and featuring modular construction, The new equipment incorporates newer safety features to suit the lifting requirements and onsite ground requirements in pre-engineered building construction. These are the factors which are expected to contribute to the growth of the pick and carry crane market. The high initial capital investment, use of high-class and costly material in the manufacturing of cranes, and stringent regulatory regulations might act as a restraint to the pick and carry crane market. Also, various factors such as growth in construction and infrastructure projects, increasing number of projects which involve pick and carry cranes such as oil & gas, and repowering of old projects are likely to provide good growth opportunities to the pick and carry crane market during the forecast period.

The pick and carry (PNC) crane market is segmented on the basis of capacity, application, and region. Based on capacity, the market is segmented into below 45 Tons, 45 Tons to 65 Tons, 65 Tons to 90 Tons, 90 Tons to 130 Tons, 130 Tons to 200 Tons, 200 Tons to 400 Tons, and above 400 Tons. In terms of application, the market is segmented into oil & gas, construction, shipping & port, and others (manufacturing, power plants).

The pick and carry (PNC) crane market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America on the basis of region. The pick and carry (PNC) crane market in North America region is classified into the U.S., Canada, and Rest of North America. Asia Pacific region is sub segmented into Japan, China, India, and the rest of Asia Pacific while the market in Europe is divided into Germany, Italy, U.K., and Rest of Europe.

Some of the key players in the pick and carry (PNC) crane market include Action Construction Equipment Ltd., Voltas Limited, FAVELLE FAVCO BERHAD, Manitowoc, Hyva, Liebherr, Terex Corporation, TIL Limited, Escorts Limited., SRB Group, Omega Construction Equipment, JCB, Hercules Roll Formings, and Indo Farm Equipment Limited. Major players in the pick and carry crane market focus on acquisitions and partnerships to stay competitive. Furthermore, companies focus on launch of quality and efficient products to retain their customer base.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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