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Crane Rail market size is estimated to be worth US$ 1021.9 million in 2022 and is forecast to a readjusted size of US$ 1453.5 million by 2029 with a CAGR of 5.1% - Valuates Reports

04-16-2023 04:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Crane Rail market size is estimated to be worth US$ 1021.9 million

Due to the COVID-19 pandemic, the global Crane Rail market size is estimated to be worth US$ 1021.9 million in 2022 and is forecast to a readjusted size of US$ 1453.5 million by 2029 with a CAGR of 5.1% during the forecast period 2023-2029.

Get Detailed Report - https://reports.valuates.com/market-reports/QYRE-Auto-25X11979/global-crane-rail

Crane Rail Market Analysis and Insights
Fully considering the economic change by this health crisis, Below 70 Kg/m Rail accounting for % of the Crane Rail global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.

While Industrial segment is altered to an % CAGR throughout this forecast period.

Crane Rail is widely used in Industrial Sector, Marine Sector, Logistic Sector, Mining Sector, etc. industrial sector is the largest application with more than half products are used in it.

Asia-Pacific is the largest consumption place, with a consumption market share nearly 50%. Following Asia-Pacific, North America and Europe are also important consumption place with the consumption market share of 18%.

Ansteel, BaoTou Steel, EVRAZ and ArcelorMittal are the top 4 manufacturters of Crane Rail, with about 42% market shares.

Crane Rail Market Scope and Market Size
The global Crane Rail market is segmented by company, region (country), weight and application. Players, stakeholders, and other participants in the global Crane Rail market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), weight and application for the period 2018-2029.

Crane Rail Market Segment by Weight
Below 70 Kg/m Rail
70 to 90 Kg/m Rail
90 to 120 Kg/m Rail
Above 120 Kg/m Rail

Crane Rail Market Segment by Application
Industrial
Marine
Logistic
Mining
Others

By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions

Key Companies
Ansteel
BaoTou Steel
EVRAZ
ArcelorMittal
SAIL
L.B. Foster
Wuhan Iron and Steel
NSSMC
British Steel
JSPL
Hebei Yongyang
Gantrex
Bemo Rail
Atlantic Track
Harmer Steel
Metinvest

Get Detailed Report - https://reports.valuates.com/market-reports/QYRE-Auto-25X11979/global-crane-rail

Similar Reports -

Mobile Crane Market - https://reports.valuates.com/market-reports/QYRE-Auto-1296/global-mobile-crane

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