Overhead Cranes: Core Growth Enabler in the Rising Demand For Overhead Cranes In Industrial Automation Market, 2025

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Will the Overhead Cranes Industry Market Size Be by 2025?
Recently, the size of the overhead cranes market has seen a significant increase. It is projected to rise from $4.79 billion in 2024 to $5.09 billion in 2025, denoting a compound annual growth rate (CAGR) of 6.2%. The historic period's growth can be associated with factors such as the expansion of manufacturing and industrial sectors, the increase in construction and infrastructure projects, the requirement for efficient material handling and lifting solutions, government expenditure on infrastructure development, and the need for heavy lifting capabilities in ports and shipping yards.

What's the Long-Term Growth Forecast for the Overhead Cranes Market Size Through 2029?
The market size of overhead cranes is projected to experience robust expansion in the coming years. The market is estimated to reach a value of $6.66 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth during the forecast period is linked to the increase in usage of electric and hybrid cranes for eco-friendly activities, the inclination towards developing lightweight and compact crane designs, the expanding e-commerce and logistics sectors, emphasis on tailor-made and unique crane solutions, and ongoing research in autonomous crane operation. Key trends predicted to mark the forecast period are the application of high-tech materials in crane parts, incorporation of anti-collision and safety systems, utilization of crane telematics and fleet management systems, use of energy-efficient and regenerative crane systems, and the integration of smart grid for grid-connected cranes.

View the full report here:
https://www.thebusinessresearchcompany.com/report/overhead-cranes-global-market-report

What Are the Key Growth Drivers Fueling the Overhead Cranes Market Expansion?
The growth of the overhead cranes market is being propelled by the rising trend of automating different activities within the industrial sector. Industrial processes that require a lot of human power, such as lifting and transferring heavy goods, are being automated, thereby enhancing manufacturing productivity and minimizing production lead time. Overhead cranes, due to their cost-effectiveness, safety assurances when handling heavy commodities, and technical advancements, are becoming increasingly favored by industrialists. For example, AmyGB, a U.S. based company specializing in AI research for intelligent automation solutions, especially in customer support and document processing, reported in August 2022 that autonomous robots and cranes are expected to handle up to 50% of all e-commerce orders by 2025. By 2028, the average order fulfillment time is projected to drop from four hours to just half an hour, indicating a major uptick in warehouse productivity, which is anticipated to rise by 27% by 2022. Hence, the increased industrial automation is fueling the growth of the overhead cranes market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6648&type=smp

What Are the Key Trends Driving Overhead Cranes Market Growth?
Innovations in products are shaping the course of the overhead cranes market. Major market players are coming up with pioneering technologies, particularly in crane ropes, such as synthetic ropes, to enhance the efficiency of the systems and predictive diagnostics tools for preemptive detection of crane maintenance. For example, a Finland-based company, Konecranes, specializing in cranes and other lifting equipment, in August 2024, launched its cutting-edge Konecranes X-series industrial crane, replacing the popular CXT model. This newly introduced crane boasts a compact design and is equipped with safe and reliable technology that is easily adaptable to current and future customer requirements through wireless updates. With innovative technology and a capability to lift up to 20 tons, Konecranes X-series is set to revolutionize industrial lifting.

How Is the Overhead Cranes Market Segmented?
The overhead cranes market covered in this report is segmented -

1) By Product Type: Bridge Cranes, Gantry Cranes, Monorail Cranes, Jib Cranes
2) By Type: Single Girder, Double Girder
3) By Operation Type: Electric, Hydraulic, Hybrid
4) By End User: Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, Other End Users

Subsegments:
1) By Bridge Cranes: Single Girder Bridge Cranes, Double Girder Bridge Cranes, Underhung Bridge Cranes, Top Running Bridge Cranes
2) By Gantry Cranes: Single Girder Gantry Cranes, Double Girder Gantry Cranes, Portable Gantry Cranes, Rail Mounted Gantry Cranes (RMG)
3) By Monorail Cranes: Ceiling Mounted Monorail Cranes, Freestanding Monorail Cranes, Wall-Mounted Monorail Cranes
4) By Jib Cranes: Fixed Jib Cranes, Articulating Jib Cranes, Wall-Mounted Jib Cranes, Portable Jib Cranes

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6648&type=smp

Which Companies Are Leading the Charge in Overhead Cranes Market Innovation?
Major companies operating in the overhead cranes market include 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.

Which Regions Are Leading the Global Overhead Cranes Market in Revenue?
Asia-Pacific was the largest region in the overhead cranes market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the overhead cranes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6648

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.