Press release
Global Mobile Crane Market To Grow At A CAGR Of 3.89% During The Period 2017-2021
A mobile crane is a lifting device, which incorporates a cable-controlled crane mounted on rubber-tired carriers or crawlers or a hydraulic-powered crane with a telescoping boom. It is designed for easy transportation between the various operating locations by road. It is designed to be used with different types of loads and cargo, with little or no setup or assembly. Mobile cranes are used widely in the engineering, construction, and infrastructure industries. These machines are used for loading, unloading, moving, shifting, and erecting materials. Mobile cranes lift, shift, and place loads, weighing five tons to more than 100 tons, from one point to another. Mobile cranes are available in various sizes and can be used in projects of all sizes because of the flexibility in application and low costs. The efficiency of mobile cranes lies in the amount of load they can carry and transfer.
Technavios analysts forecast the global mobile crane market to grow at a CAGR of 3.89% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global mobile crane market for 2017-2021. To calculate the market size, the report discusses the major drivers influencing market growth and the challenges faced by the vendors and the overall market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mobile Crane Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Liebherr Group
Manitowoc
XCMG
Tadano
Terex
Other prominent vendors
Action Construction Equipment
Altec Industries
BAUER Aktiengesellschaft
Bcker Maschinenwerke
Broderson Manufacturing
Elliott Equipment
Escorts Group
FURUKAWA UNIC
Hitachi Construction Machinery
J C Bamford Excavators
KATO HEAVY INDUSTRIES CONSTRUCTION MACHINERY
Komatsu
Konecranes
Link-Belt
Liugong Machinery
LOCATELLI CRANE
Manitex
Marchetti Autogru
SANY GROUP
SENNEBOGEN
Hitachi Sumitomo Heavy Industries Construction Crane
Market driver
Expansion in industrial construction and maintenance.
For a full, detailed list, view our report
Market challenge
Lack of skilled and qualified crane operators.
For a full, detailed list, view our report
Market trend
Growing popularity of telescopic crawlers.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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