Cranes: Technologies and Global Markets

Report Highlights

The global crane market is estimated to increase from approximately $29.9 billion in 2015 to $38.1 billion by 2020 with a compound annual growth rate (CAGR) of 5.0 % for the period of 2015-2020.

Report Includes

• An overview of the global market for cranes used for lifting and lowering heavy materials, and cranes most commonly used in the construction, manufacturing, and transportation industries.
• Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
• Identification of crane types such as mobile (truck-mounted, floating, rough-terrain, railroad, all-terrain, crawler, aerial, and side-lift), marine and port, and fixed (telescopic, self-erecting, tower, level-luffing, overhead, gantry, jib, bulk-handling, deck, stacker, and loader).
• Discussion of the historic market for cranes according to different categories.
• Examinations of global demand, key developments, industry trends, and the dynamic growth of the Chinese crane market.
• Profiles of major players in the industry.

Report Scope

The scope of this report is broad and covers several types of cranes used globally; it is broken down by three major types and further by their subtypes, regional markets and major players in each of these submarkets. The revenue forecasts from 2015 to 2020 are explained for each of these major types of cranes, their subtypes and regional markets for each type of crane.

The report also includes discussion on major players across each of the sub segments within each of the three major crane markets; it explains the major market drivers for the global crane industry, the current trends within the industry and major end-user industries for the global crane market.

The report concludes with a special focus on China, one of the largest crane markets. It covers the growth in the crane industry in the Chinese market; discusses the major players in the market; and the major drivers, trends and end-user industries.

Analyst Credentials

Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.