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Global Mobile Crane Market was 8930 million US$ in 2018 and will reach 9590 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 0.9% Between 2019-2025 By Valuates Reports

05-23-2019 05:34 PM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

Global Mobile Crane Market was 8930 million US$ in 2018 and will

Mobile Crane market was valued at 8930 Million US$ in 2018 and is projected to reach 9590 Million US$ by 2025, at a CAGR of 0.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mobile Crane.

Mobile crane means a lifting device incorporating a cable suspended latticed boom or hydraulic telescopic boom designed to be moved between operating locations by transport over the road. The most basic type of mobile crane consists of a steel truss or telescopic boom mounted on a mobile platform, which may be rail, wheeled (including "truck" carriers) or caterpillar tracks. The boom is hinged at the bottom, and can be raised and lowered by cables or by hydraulic cylinders.

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Key Trends

China is the largest production and sales area of Mobile Crane. In 2016, the sales volume of Mobile Crane was estimated at about 19.3 K Units, which was about 50% of the global total sales volume. Europe and North America are also the main sales regions of Mobile Crane. While the market growth rate in developed countries is slow, the market in India and some other developing countries are promising, with remarkable market growth rate.

Worldwide, the production of Mobile Crane decreases from 64584 Units in 2012 to 39306 Units in 2016, mainly affected by the weak downstream market. But it is forecasted that the global production volume will rises to 44702 Units by the end of 2022.

For price trend analysis, a key variable in the performance of Mobile Crane producers is components and raw material costs, specifically the speed at which any increase can be passed through to customers. The global Mobile Crane revenue is forecasted to recovery. We tend to believe that this industry still has a bright future, considering the current demand of Mobile Crane driven by urbanization in developing countries

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The study objectives are:

To analyze and research the global Mobile Crane status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Mobile Crane manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Mobile Crane Breakdown Data by Type

Crawler Crane
All Terrain Crane
Truck Crane
Trailer-Mounted Crane
Others

Mobile Crane Breakdown Data by Application

Construction
Industries
Utilities
Others

FEATURED COMPANIES

Liebherr
Tadano Limited
Manitowoc
XCMG
Terex
Zoomlion
SANY
kobelco crane
Hitachi Sumitomo
Furukawa UNIC

Mobile Crane Production by Region

United States
Europe
China
Japan
Other Regions


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