The rise in infrastructure investment and growth in investments by the mining sector in construction equipment, across the world, are likely to drive the demand for cranes. The market for cranes has experienced low demand till last year, owing to factors, such as low prices of crude oil and commodities and consequent fall in demand from the construction sectors of countries in the Middle East, Africa, South America, and Russia, which depend on oil revenues. However, with the recent uptick in oil prices, the demand from oil-producing countries is expected to grow. Growing protectionism and the ensuing trade barriers, both tariff and non-tariff, are expected to significantly dent the demand for cranes, as the prices of raw materials are expected to increase.
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The report provides comprehensive details about demand forecasts, market trends, and both micro and macro indicators. The Crane Market report also gives information about the factors that are making this market grow and the objects that are holding it back. Using tools like Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Crane Market, the report provides details about the market. The research also depicts current market trends and gives forecasts for 2022–2028. We've also highlighted future developments in the market that will affect the demand during the period of the forecast. Also, the competitive analysis for each regional market indicates how much of the market the top players have.
Segmentation of Crane Market: -
By Type
- Mobile Cranes
- Fixed Cranes
- Marine and Offshore Cranes
- Other
By Operation
- Hydraulic
- Electric
- Hybrid
By Application
- Construction Infrastructure
- Mining and Excavation
- Marine and Offshore
- Industrial Applications
- Other
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Leading Key Players Covered 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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Market Analysis and Insights: Global Crane Market
The market for Crane is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global Crane Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.
Key Chapter Will Be Provided in The Report
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
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