The global crane market will grow from $26.6 billion in 2012 to $29.3 billion in 2013. Market revenue is forecast to increase at a five-year compound annual growth rate (CAGR) of 6.9% from 2013 to 2018, totaling $41.0 billion in 2018.
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SCOPE OF REPORT
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. Revenue forecasts from 2013 to 2018 are given for each of these market segments and subsegments.
The report also includes a discussion of major players across each of the subsegments within each of the three major crane markets; it explains the major market drivers of the global crane industry, current trends within the industry and major end-user industries within the global crane market.
The report concludes with a special focus on China, the largest crane market. 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.
This report has been developed by the market research analysts at BizImpact Knowledge Services LLP, a market research and services company. The project has been managed by Aneesh Kumar, a partner in the company, with input from various subject matter experts. Aneesh Kumar has more than seven years of experience in handling various custom research projects and has worked with a multinational company on various research assignments for global markets.
MFG032B - November 2015