The “Crane Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Crane market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Crane market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Crane market that will impact the demand during the forecast period.
Scope of the Report:
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Some of the Top Key Players of Crane Market Report Are:
- Market Dynamics – Drivers, Restraints, and Opportunities
- Market Segmentation – Types, Applications, Regions, and Technology
- Market Trends
- Competitive Landscape
- SWOT Analysis and Porter’s Five Forces Analysis
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Key Market Trends:
Growing Construction Activities and Rise in Mining Industry Demand
The global construction industry is expected to witness significant growth in the coming years, with good opportunities in infrastructure, residential, and non-residential sectors.
Some of the major factors driving the market are increasing construction of multi-family houses (with the growing trend of nuclear families); and increasing investments in the construction of roads, highways, smart cities, metros, bridges, and expressways due to growing population and urbanization.
Asia-Pacific region is expected to be a major market propelling the global construction industry, with augmenting construction activities in countries such as India and ASEAN countries (including Thailand, Singapore, Vietnam, and others).
For instance, in India, the construction sector is one of the booming industries. The construction sector in the country is expected to grow twice as fast as Chinas till 2030, with the countrys populations. The infrastructure sector is an important pillar for the growth of the Indian economy. The government is taking various initiatives to ensure time-bound creation of excellent infrastructure in the country.
Additionally, in China, the demand for cranes are increasing owing to the ongoing One Belt One Road initiative. The initiative which will aid in infrastructural development such as railways, buildings, and energy projects (China, North-East Asia, Southeast Asia, South Asia, Central Asia, and West Asia) stretching from Chinas western regions to Europe. The US government is also expected to increase its infrastructure spending by over USD 1 trillion in the next 10 years, with an aim to create more jobs in the country.
Asia-Pacific is leading the Crane Market
In 2018, Asia-Pacific dominated the global market. In Asia-Pacific, China dominated the market and accounted for more than 50% of the market, followed by India. The Asia-Pacific region is the fastest-growing infrastructure market and is being driven by increasing government spending on infrastructure projects and overall construction sector in both China and India, as the construction sector is considered one of the major factor in boosting the economic growth and aids in creating jobs.
China is also of the largest manufacturer of cranes. After witnessing slow growth in the construction sector in 2018, the country is expected to witness slight growth in the construction sector in 2019. The prime reason being the rise in railway construction projects. For instance, in 2018, the China Railway Corp. (CRC) announced the plans to construct 6,800 km of new railway lines including 3,200 km of high-speed rail which represents a 40% increase of new tracks. The government has also approved the construction or urban and inter-city rail projects worth USD 127.26 billion (CNY 860 billion) in several cities including Shanghai and Wuhan.
In India, the construction sector is expected to witness fast growth, owing to a huge pipeline of infrastructure projects such as railways, urban infrastructure, ports, and airport segments. Apart from the aforementioned, railway stations development, increasing metro lines, and the bullet train project is expected to offer numerous opportunities for both construction companies and crane manufacturers and providers. Additionally, the growing trend of using precast construction techniques in real estate and metros is gaining momentum, which is driving the demand for tower cranes in the 10-20 metric ton range.
The Report Covers:
- Comprehensive research methodology of Crane market
- In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global sleep aid market
- Insights about market determinants which are stimulating the global Crane market
- Detailed and extensive market segments with regional distribution of forecasted revenues
- Extensive profiles and recent developments of market players Companies Mentioned
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Detailed TOC of Crane Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Mobile Crane
18.104.22.168 Wheel-mounted Mobile Crane
22.214.171.124 Commercial Truck-mounted Crane
126.96.36.199 Side Boom
188.8.131.52 Straddle Crane
184.108.40.206 Railroad Crane
220.127.116.11 Other Mobile Cranes
5.1.2 Fixed Crane
18.104.22.168 Monorail and Underhung
22.214.171.124 Overhead Track-mounted Crane
126.96.36.199 Tower Crane
5.1.3 Marine and Off-shore Crane
188.8.131.52 Mobile Harbor Crane
184.108.40.206 Fixed Harbor Crane
220.127.116.11 Ship Crane
5.2 Application Type
5.2.2 Mining and Excavation
5.2.3 Marine and Offshore
5.2.4 Industrial Applications
5.2.5 Other Applications
5.3.1 North America
18.104.22.168 Rest of Europe
22.214.171.124 Rest of Asia-Pacific
5.3.4 Rest of the World
126.96.36.199 Saudi Arabia
188.8.131.52 South Africa
184.108.40.206 Other Countries
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers & Acquisitions
6.3 Company Profiles
6.3.1 Konecranes PLC
6.3.2 Cargotec OYJ
6.3.4 Terex Corporation
6.3.5 Tadano Limited
6.3.6 Kobelco Cranes Co. Ltd
6.3.7 Palfinger AG
6.3.8 Liebherr-International AG
6.3.9 Zoomlion Heavy Industry Science and Technology Co. Ltd.
6.3.10 Favelle Favco Group
6.3.11 Hitachi Sumitomo Heavy Industries Construction Cranes Co. Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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