Mobile Crane Market Projected To Grow by 2022
The growth of the mobile
crane market can be attributed to the increased spending on the
infrastructure based developments all across the globe. The increase in the
expenditure by the construction sector on new constructions as well as the
renovations of the existing infrastructure is expected to contribute to the
growth of the market. The rising use of telematics is also driving the growth
of the mobile crane market to a great extent.
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The
Asia-Pacific region is expected to grow the highest in the mobile crane market,
owing to the rising population and the increasing need for public
infrastructures and housing units. In the developing nations of the region, there
is a constant up gradation of the existing infrastructure, which is
contributing to the growth of the mobile crane market in the region. The
introduction of government initiatives for development of infrastructure
projects is leading to an increased use of mobile cranes.
Scope of the Report
This study
provides an overview of the global mobile crane market, tracking two market
segments across four geographic regions. The report studies key players,
providing a five-year annual trend analysis that highlights market size, volume
and share for North America, Europe, Asia Pacific (APAC) and Rest of the World
(ROW). The report also provides a forecast, focusing on the market
opportunities for the next five years for each region. The scope of the study
segments the global mobile crane market by its product, application and region.
By Product
- Wheeled mobile cranes
- Crawler cranes
- Others
By application
- Construction
- Industries
- shipbuilding
- Building cars
- Others
- By Region
- North America
- Asia Pacific
- Europe
- Rest of the World
Key Players
The key
players of Mobile crane market are Liebherr Group (switzerland), XCMG Group
(China), Manitowoc Company, Inc. (U.S.), Tadano Ltd. (Japan), Terex
Corporation (U.S.), Palfinger AG (Austria), Sany Group Co. Ltd (China),
Zoomlion Co., Ltd. (China), Kato-works Co. Ltd. (Japan), Hitachi Sumitomo Heavy
Industries Construction Crane Co., Ltd (Japan), LiuGong Machinery Co.,
Ltd. (China) and others.
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