The Global Crane Market size is expected to grow from USD 36975 Million in 2022 to USD 60053.69 Million by 2030, at a CAGR of 6.25% during the forecast period (2023-2030).
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A crane is a particular kind of device that can be used to lift and lower objects as well as move them horizontally. It is often furnished with a hoist rope, wire ropes or chains, and sheaves. The majority of its applications involve lifting and moving big objects.
Leading Key Players Covered in Crane market:
Konecranes PLC.,Cargotec OYJ,Manitowoc,Terex Corporation,Tadano Limited,Kobelco Cranes Co. Limited,Palfinger AG,Liebherr-International AG,Zoomlion Heavy Industry Science,and Technology Co. Limited,Favelle Favco Group and Others major players.
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These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Segmentation of Crane market:
By Type:
- Mobile Cranes
- Fixed Cranes
- Marine and Offshore Cranes
- Other
By Applications:
- Construction & Infrastructure
- Mining and Excavation
- Marine and Offshore
- Industrial Applications
- Other
Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Reasons to Purchase this Market Report:
- Market forecast analysis through recent trends and SWOT analysis
- Crane Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
- Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
- Crane Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
- Competitive environment related to the Crane market share for key players, along with new projects and strategies that players have adopted over the past five years
Key Questions Answered in This Report:
- How has the global crane market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global crane industry?
- What has been the impact of COVID-19 on the global crane market?
- What are the major application segments in the global crane industry?
- What are the key product types in the global crane industry?
- What are the various stages in the value chain of the global crane market?
- What are the key driving factors and challenges in the global crane market?
- What are the import and export trends in the global crane market?
- What is the structure of the global crane market and who are the key players?
- What is the degree of competition in the global crane market?
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