Press release
Forecast Revenue Share of the Crawler Cranes Industry | Liebherr International AG, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co., Ltd., XCMG Construction Machinery Co. Ltd., and Sany Heavy Industry Co.
The crawler cranes market is projected to expand at a modest pace with global sales of crawler cranes crossing US$ 3,400 Mn by end of 2018, according to a new report by Fact.MR. The growth of the crawler cranes is largely influenced by a cohort of macroeconomic and industry-related aspects. Growth in new construction projects coupled with rising urbanization remain instrumental in driving the demand for crawler cranes worldwide.Substantial growth in the power distribution industry coupled with increasing port maintenance activities are likely to influence the sales of crawler cranes in the forthcoming years. In addition, wind industry has picked up steam on the back of favorable tax credits. In wind farms, demand for large crawler cranes has been witnessed which is expected to fuel growth of the overall crawler cranes market, says the report.
Browse Full Report, visit https://www.factmr.com/report/2236/crawler-cranes-market
A Significant Lattice Boom in the Crawler Cranes Market
The demand for lattice boom type crawler cranes is projected to expand at a significant rate during the period of forecast, 2018-2028. Lattice boom type crawler cranes offer various advantages including higher stability, greater lifting capacity (more than 300 tons) and safe movement of crawler cranes. In addition, convenient self assembling system and cost efficient transport provided by lattice boom type crawler cranes is further enhancing their sales worldwide.
“Sales of lattice boom type crawler cranes across various end use industries are estimated to witness a significant spike in the forthcoming years. The crawler cranes with lattice boom are likely to witness huge demand, particularly in the construction industry. Market valuation of crawler cranes with lattice boom is estimated to touch US$ 3,100 Mn by end of 2018, accounting for a major revenue share of the overall crawler cranes market.” – Lead Analyst at Fact.MR, Construction Equipment Domain
Request a Report Sample to Gain Valuable Insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=2236
Crawler cranes with telescopic boom demand is projected grow at a modest pace, particularly in applications where frequent changes in boom length is required. Further, higher price of crawler cranes with telescopic boom as compared to those of lattice counterparts continue to challenge their adoption in turn confining their sales.
Construction Industry to Cement Dominance in the Crawler Cranes Market
The demand for crawler cranes in construction industry is projected to expand at a significant pace throughout the period of assessment, 2018-2028. Growing need for high lifting capacity for applications involving greater heights continues to push the sales of crawler cranes in the construction sector worldwide.
Sales of crawler cranes across the construction sector, especially in the construction of power plants are expected to boom in the years to follow. Overall crawler cranes sales projections in the construction sector are likely to remain positive with an above average growth rate through 2028.
For More Detailed Information about Methodology at https://www.factmr.com/connectus/sample?flag=RM&rep_id=2236
Sales of crawler cranes are projected to remain concentrated emerging economies of the Asia Pacific excluding Japan (APEJ) region, particularly in China and India. Largely pushed by new projects in these countries, such as the Highway Super System in India, the region is expected to present potential growth avenues for crawler cranes manufacturers. Against this backdrop, manufacturers of crawler cranes are largely concentrating their efforts in tapping APEJ in a bid to enhance their global footprint and profitability.
Apart from construction activities in APEJ, the region is likely to witness significant growth in shipping and port building. Port building activities require use of medium to high capacity crawler cranes. In addition, mining outlook in APEJ is likely to add to the lucrativeness of the region apropos to growth demand and sales of crawler cranes in the years to follow.
Crawler cranes with capacity less than 150 tons are expected to witness an upswing in sales during the forecast period. Convenient loading and assembling, less fuel consumption and relatively low pricing and high value for money quotient of less than 150 tons capacity crawler cranes have accelerated their adoption across regions worldwide.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.factmr.com/connectus/sample?flag=AE&rep_id=2236
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. We are headquartered in Dubai, and operate from our sales office in Dublin, Ireland. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Forecast Revenue Share of the Crawler Cranes Industry | Liebherr International AG, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co., Ltd., XCMG Construction Machinery Co. Ltd., and Sany Heavy Industry Co. here
News-ID: 2262117 • Views: …
More Releases from Fact.MR

Global Data Catalog Market to Explode to $12.3 Billion by 2035, Driven by AI and …
The global Data Catalog Market is undergoing a rapid, technology-driven transformation, shifting its role from a passive metadata repository to an intelligent, active data intelligence platform. Propelled by the exponential growth in complex data and regulatory demands, the market is projected to reach an estimated US$12.32 Billion by 2035, according to leading market analysis.
This dramatic surge represents a Compound Annual Growth Rate (CAGR) of 21.9% throughout the forecast period of…

Content Delivery Network (CDN) Market to Reach USD 45.2 Billion by 2035 | Akamai …
The latest report on the Content Delivery Network (CDN) Market, forecasting robust growth propelled by surging global data traffic, the proliferation of streaming services, and the escalating demand for low-latency digital experiences. Valued at USD 18.5 billion in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 9.4%, reaching USD 45.2 billion by 2035. This trajectory reflects the indispensable role of CDNs in…

Energy-based Aesthetic Devices Market Grow at a 10.8% CAGR by 2035 | Key Players …
latest report on the Energy-based Aesthetic Devices Market, forecasting robust growth propelled by surging demand for non-invasive dermatological treatments, technological innovations in laser, radiofrequency, ultrasound, and light-based systems, and heightened beauty awareness among consumers. Valued at USD 5,476.2 million in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 10.8%, reaching USD 15,180.4 million by 2035. This trajectory reflects the market's pivotal role…

Global Surgical Tourniquets Market Projected to Nearly Triple, Reaching US$1.59 …
The global surgical tourniquets market is poised for significant expansion over the next decade, driven by a global surge in orthopedic surgeries, heightened demand for safer intraoperative blood control, and major technological advancements in pressure regulation systems. According to a comprehensive analysis by Fact.MR, the market, valued at US 670 millionin 2025,is forecasted to grow at a steady Compound Annual Growth Rate(CAGR) of 91.59 billion. This robust growth trajectory is…
More Releases for Crawler
Crawler Carriers Market Size 2024 to 2031.
Market Overview and Report Coverage
Crawler carriers are vehicles equipped with tracks that allow them to navigate difficult terrains with ease. These versatile machines are commonly used in construction, agriculture, mining, and forestry industries for transporting heavy materials and equipment.
The Crawler Carriers Market is expected to grow at a CAGR of 4.60% during the forecasted period. The increasing demand for efficient and reliable equipment in various industries is driving…
Crawler Carriers Market Forecast
In the past few years, the Crawler Carriers market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Crawler Carriers reached million $ in 2022 from in 2017 with a CAGR of from 2017-2022. Facing the complicated international situation, the future of the Crawler Carriers market is full of uncertain. Report predicts that the global Crawler Carriers market size…
Global Crawler Dozers Market Size,Share,2022-2028| CAT(Caterpillar), CRAWLER …
Los Angeles, United States October 2022,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Crawler Dozers market. It sheds light on how the global Crawler Dozers market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global…
Crawler Dozers Market with Attractiveness, Competitive Landscape & Forecasts to …
The global Crawler Dozers market was valued at 7540.89 Million USD in 2020 and will grow with a CAGR of 5.09% from 2021 to 2027. Crawler dozers are utilized in moving heavy materials using its front-mounted blades. The growing use of telematics and machine control is positively affecting the global crawler dozers market. Telematics support transferring information from a remote location via the internet by using a combination of informatics…
Crawler Drill Rig Market Report Explored in Latest Research(On the basis of the …
Crawler Drill Rig Market: Introduction
Crawler drill rig is a chain mounted vehicle that enables it to travel through any terrain and perform drill operation on any surface. Crawler drill rig has eased out various critical operations in the construction and mining industry drilling. Crawler drill rig comprises sturdy structural channel with effective cross members, strong enough to endure high drilling loads. The crawler drill rig is provided with swing cylinders…
Crawler Dozers Market 2019 | Worldwide Market Outlook 2025 | Major Manufacturers …
Crawler Dozers Marketresearch report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/122946
UpMarketResearch offers a latest published report on “Global Crawler Dozers Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive advantage to clients…