Mobile Cranes Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

New York, Global Mobile Cranes Market report from Global Insight Services is the single authoritative source of intelligence on Mobile Cranes Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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A mobile crane is a type of crane that is mounted on a mobile platform, typically a truck or trailer. Mobile cranes are used for a variety of tasks, including construction, mining, and logging. Mobile cranes typically have a boom that can be extended and retracted, and a jib that can be raised and lowered. The operator of a mobile crane sits in a cab at the base of the crane. Mobile cranes are used for a variety of tasks, including construction, mining, and logging.

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Key Trends

Mobile cranes technology is continuously evolving to meet the needs of the construction industry. Some of the key trends in mobile cranes technology include:

1. Increased use of hydraulics: Mobile cranes are increasingly using hydraulics to power their operations. This provides a number of advantages, including increased efficiency and smoother operation.

2. Improved safety features: As mobile cranes are often used in potentially dangerous environments, manufacturers are continuously working to improve safety features. Some of the latest safety features include emergency stop buttons, anti-collision systems, and load-sensing technology.

3. More versatile designs: Mobile crane designs are becoming more versatile to meet the needs of a variety of different applications. For example, some cranes are now able to operate in both horizontal and vertical positions.

4. Increased use of automation: Automation is playing an increasingly important role in mobile crane operation. This includes the use of remote-control systems and automatic load-handling systems.

Key Drivers

The key drivers of the mobile cranes market include the growing construction industry, the increasing demand for infrastructure development, and the need for efficient lifting solutions.

The construction industry is growing at a rapid pace globally, owing to the increasing population and the consequent need for housing and infrastructure development. This is resulting in an increased demand for mobile cranes, as they are essential for lifting heavy loads and construction materials.

Additionally, the growing demand for infrastructure development in emerging economies is further expected to drive the market for mobile cranes.

The need for efficient and safe lifting solutions is another key driver of the mobile cranes market. Mobile cranes offer a number of advantages over traditional cranes, such as their flexibility, portability, and ease of operation. This is resulting in their increasing adoption in a variety of applications, such as construction, mining, and transportation.

Additionally, the growing awareness of the benefits of mobile cranes is expected to further boost the market.

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Market Segments

The Mobile Cranes Market is segmented by terrain type, end user industry, boom type, and region. By boom type, the mobile crane market is bifurcated into lattice boom and telescopic boom. According to carrier type, the market is categorized into wheel mounted and track mounted. By terrain type, the market is segmented into on-road, rough terrain, and all-terrain. By end-user industry, the market is classified into construction, manufacturing, and utilities. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Mobile Cranes Market includes players such as Altec, Inc., Cargotec Corporation, Kobelco Construction Machinery Co., Ltd., Liebherr-International AG, Manitowoc Company, Inc., SANY Heavy Industry Co. Ltd., Tadano Ltd., Xuzhou Construction Machinery Group Co., Ltd. and Zoomlion Heavy Industry Science and Technology Co., Ltd.

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