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Overhead Cranes Global Market Report 2025: Impacting Factors, Market Size, Growth Rate, and Key Market Trends
Overhead Cranes Global Market
What Is The Projected Market Size Of The Global Overhead Cranes Global Market Report 2025 And Its Growth Rate?
• The overhead cranes market size grew from $4.79 billion in 2024 to $5.09 billion in 2025, marking a compound annual growth rate (CAGR) of 6.2%.
• This growth in the historic period was due to factors such as growth in the manufacturing and industrial sectors, expansion of construction and infrastructure projects, need for efficient material handling and lifting solutions, and demand for heavy lifting capabilities in ports and shipyards.
• The overhead cranes market size is expected to see strong growth to $6.66 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%.
What Is Driving The Growth In The Overhead Cranes Global Market Report 2025?
The growth in the overhead cranes market is largely driven by the increase in automation of various activities in the industrial space. The automation of manpower-intensive practices, such as lifting and movement of heavy goods in the industrial sector, amplifies the productivity in the manufacturing process and reduces lead times for production. The benefits of overhead cranes, coupled with advancements in crane technology, have bolstered the confidence of industrialists in their use due to their cost-effectiveness and entirely safe operations for carrying heavy products/goods. For example, AmyGB, a US-based AI research company, projected that autonomous robots and cranes will process up to 50% of all e-commerce orders by 2025, which will decrease the average fulfillment of orders time from four hours to thirty minutes and increase warehouse productivity by 27% by 2022.
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Who Are the Key Players Driving Overhead Cranes Global Market Report 2025 Growth?
• ABUS Kransysteme GmbH
• Columbus McKinnon Corporation (CMCO)
• EMH Inc.
• GH Cranes & Components
• Gorbel Cranes
• Ace Industries Inc.
• American Crane & Equipment Corporation
• Cargotec Corporation
• Eilbeck Cranes
• Henan Yutian Crane Co. Ltd.
• Kito Corporation
• Konecranes PLC.
• Ralf Teichmann GmbH
• Sumitomo Heavy Industries Material Handling Systems Co. Ltd.
• Weihua Group
• Whiting Corporation
• Zenar Corporation
• Dafang Crane
• Demag Cranes & Components GmbH
• HENAN DONGQI MACHINERY Co Ltd
• Liebherr-International Deutschland GmbH
• Rotrex Winches
• Rud Ketten Rieger & Dietz GmbH u. Co KG
• Rusch Kraantechniek BV
• Ryders Winch International
• Spanco Inc.
• Sumitomo Heavy Industries Material Handling Systems Co.Ltd.
• White Crane Compamy Inc.
What Are The Key Trends In The Overhead Cranes Global Market Report 2025?
• Use of advanced materials for crane components
• Implementation of anti-collision and safety systems
• Adoption of crane telematics and fleet management systems
• Development of energy-efficient and regenerative crane systems
• Integration of smart grid for grid-connected cranes.
What Are The Segments Of The Global Overhead Cranes Global Market Report 2025?
• By Product Type: Bridge Cranes, Gantry Cranes, Monorail Cranes, Jib Cranes
• By Type: Single Girder, Double Girder
• By Operation Type: Electric, Hydraulic, Hybrid
• By End User: Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, Other End Users
Which Region Leads The Overhead Cranes Global Market Report 2025?
Asia-Pacific was the largest region in the overhead cranes market in 2024, and North America is expected to be the fastest-growing region in the forecast period. The overhead cranes market report covers multiple regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Overhead Cranes Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Overhead Cranes Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Overhead Cranes Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Overhead Cranes Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Overhead Cranes Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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