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Global Overhead Travelling Cranes Market 2026 Survey - Industry Share, Size, Trends and Forecasts, by Top Players ABUS Kransysteme GmbH, Cargotec Corporation, Columbus McKinnon Corporation, EMH, Inc, GORBEL INC., KITO CORPORATION

05-08-2019 05:51 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Overhead Travelling Cranes Market

Global Overhead Travelling Cranes Market

Market research reports help business or organization in every sphere of trade to take better decisions, to respond the toughest business questions and reduce the risk of failure.

Global Overhead Travelling Cranes Market market research study analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.

It gives top to bottom examination of the market for estimating income, return on investment (ROI) and developing business strategies. Market drivers and market restraints help businesses to get idea about the production strategy.

Download exclusive PDF sample report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-overhead-travelling-cranes-market

Global Overhead Travelling Cranes Market By Solution (Product, Service),

End- User (Automotive, Metal & Mining, Paper, Aerospace, Utility, Shipyards, Others),

Types (Single-girder overhead cranes, Double-girder overhead cranes),

Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Global Overhead Travelling Cranes Market is expected to rise from its initial estimated value of USD 4,518.41 million in 2018 to an estimated value of USD 6,065.84 million by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. Increasing demand for safety in workplace is the major factor for the growth of this market.

Key Developments in the Market:

• In November 2018, Columbus McKinnon Corporation announced the launch of their‘AS7 electric wire rope hoist’ to its hoist product portfolio. It is a cost- effective solution for users, crane manufacturers and system manufacturers. It also has great lifting height, fast hoisting speed and has load capacity upto 135 tons.

• In January 2018, Konecranes announced the launch of their new Konecranes CXT UNO which is specially designed for general manufacturing, metal working and for repair facilities. Due to its low headroom and compact hoist it allows the big building to be built smaller which saves money and increases productivity. The main aim of it is to provide customer an affordable crane which will provide good quality work.

Competitive Analysis:

Global overhead travelling cranes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of overhead travelling cranes market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players

Few of the major competitors currently working in overhead travelling cranes market are ABUS Kransysteme GmbH, Cargotec Corporation, Columbus McKinnon Corporation, EMH, Inc, GORBEL INC., KITO CORPORATION, Konecranes, Sumitomo Heavy Industries, Ltd., Weihua Group, FURUKAWA UNIC CORPORATION, XCMG Group, ZPMC, Eilbeck Cranes, Terex Corporation.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Request Complete TOC Of this Report @ https://databridgemarketresearch.com/toc/?dbmr=global-overhead-travelling-cranes-market

Segmentation:

• By Solution

o Product

 Bridge Crane
 Gantry Crane
 Others

o Service

 Maintenance
 Repair
 Others

• By End- User

o Automotive
o Metal & Mining
o Paper
o Aerospace
o Utility
o Shipyards
o Others

• By Types

o Single-girder overhead cranes
o Double-girder overhead cranes

• By Geography

o North America

 US
 Canada
 Mexico

o South America

 Brazil
 Argentina
 Rest of South America

o Europe

 Germany
 France
 United Kingdom
 Italy
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Rest of Europe

o Asia-Pacific

 Japan
 China
 South Korea
 India
 Australia
 Singapore
 Malaysia
 Indonesia
 Thailand
 Switzerland
 Philippines
 Rest of Asia-Pacific

o Middle East and Africa

 South Africa
 Egypt
 Saudi Arabia
 United Arab Emirates
 Israel

Market Definition:

Overhead crane which is also known as bridge crane is usually used to carry or lift heavy objects from one place to another. They are used in manufacturing or maintenance applications. Overhead cranes are very efficient and cost effective method. Each overhead crane is designed as per the need and requirement of the industry.

Market Drivers:

• Increasing demand for safety in workplace is driving the market
• Increasing government investment in infrastructure development is driving the market

Market Restraints:

• Lack of trained and skilled professional is restraining the market
• High installation cost is restraining the market

Want Full Report? Enquire Here @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-overhead-travelling-cranes-market

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

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