The “ Mobile crane
Market to 2025 by Crane Type(Truck Cranes, Crawler Cranes, All-Terrain Cranes,
Rough Terrain Cranes and Others) and Application (Oil & Gas, Construction,
Shipping & Port Building, Energy & Utilities and Others) – Global
Analysis and Forecast” The scope of study involves understanding on the factors
responsible for this growth of mobile crane market along with the estimates and
forecasts of the revenue and market share analysis and also spots the
significant mobile crane players in the market and their key developments.
Mobile Crane Market to 2025 – Global Analysis and Forecast by Crane Type and
Application. Mobile crane market is expected to grow to US$ 9.82 billion by
2025 from US$ 8.92 billion in 2016. The constantly growing population has
resulted in increased investments in the infrastructure and construction sector
of various economies. Also, government initiatives for up gradation of existing
infrastructure of the developed economies has resulted in increased demand for
heavy construction machinery. Mobile cranes are extensively used in various
applications including construction, oil & gas, shipping, etc. Furthermore,
increased investments in the construction of power plants has also influenced
the market growth particularly, in developing nations.
Mining companies are also one of the largest consumers of mobile cranes. The
mining industry utilizes this massive equipment for the extraction of raw
materials in an open cast mining environment. Despite of the sluggish growth of
this industry in past few years, it is predicted to showcase some growth in
coming years. The growth in mining industry is highly influenced by the
collaborations and partnerships initiated in this industry.
The global mobile crane market by geography is segmented into five regions
including North America, Europe, Asia Pacific, Middle East & Africa and
South America. APAC region is expected to account for the largest share of the
global mobile crane market in 2016, followed by Europe. The rapidly rising
population of emerging economies in the APAC region has led to increased
infrastructural as well as residential construction projects. This has resulted
in increased demand for heavy construction machineries including mobile cranes.
The key players profiled in the report are Kato Works Co. Ltd., Hitachi
Sumitomo Heavy Industries Construction Crane Co., Ltd., Kobelco Construction
Machinery Co., Ltd. and The Manitowoc Company, Inc. Also,
Liebherr-International S.A., Tadano Ltd., Terex Corporation, Zoomlion Heavy
Industry Science and Technology Co. Ltd., XCMG Construction Machinery Co., Ltd.
and Sany Heavy Industry Co., Ltd. are other key companies in the mobile crane market.
The report segments the global mobile crane market as follows:
Global Mobile Crane Market – By Crane Type
Crawler Cranes
Truck Cranes
All-Terrain Cranes
Rough Terrain Cranes
Others
Global Mobile Crane Market – By Application
Energy & Utilities
Ship & Port Building
Construction
Oil & Gas
Others
Global Mobile crane Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South America (SAM)
Brazil