Cranes: Technologies and Global Markets

Published - Oct 2013| Analyst - Aneesh Kumar| Code - MFG032A
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Report Highlights

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.

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 2012, estimates for 2013, and projection of compound annual growth rate (CAGR) for the period 2013 and 2018.
  • 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.

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. 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.

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.

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