Cranes Market Growth and Technology Advancement 2018 to 2022

Global Crane Market Research Report 2018 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The research study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Cranes Market.

Companies Mentioned are Terex, Konecranes, Zoomlion, XCMG and Potain (Manitowoc).

The global market for cranes will grow from nearly $29.4 billion in 2017 to $35.9 billion by 2022 with a compound annual growth rate (CAGR) of 4.1% for the period of 2017-2022.

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Scope of Report:
The scope of this report is global and examines regional markets for each type of crane. The report also includes a discussion of the major players in the global crane market.

Essential points covered in Global Cranes Market 2018 Research are:-
• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global Cranes market?
• What are the key market trends impacting the growth of the global Cranes market?
• What are the challenges to market growth?
• Who are the key vendors in the global Cranes market?
• What are the market opportunities and threats faced by the vendors in the global Cranes market?
• What are the key outcomes of the five forces analysis of the global Cranes market?

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This independent 248 Pages report guarantees you will remain better informed than your competition. With over 113 tables and figures examining the Cranes market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2022.

Furthermore, the report provides a detailed analysis of the global Cranes market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Cranes market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Cranes Market Report Includes:
- 113 data tables
- 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 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
- 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, by category
- Examinations of global demand, key developments, industry trends, and the dynamic growth of the Chinese crane market
- Comprehensive company profiles of major players in the market, including Terex, Konecranes, Zoomlion, XCMG and Potain (Manitowoc).

Reasons for Doing This Study:
The growing demand for cranes is being spurred by the increasing construction and infrastructural development in the high-growth emerging economies, especially in the Asia-Pacific region. However, some types of marine and port cranes have been experiencing stagnant growth or at best marginal increases over the levels achieved before the economic and financial crisis of 2008. The Chinese economy, which had been a booming market for construction equipment for years, has been on a downward trend since 2012. However, it is expected to enter into recovery mode in late 2017 and early 2018, bolstered by demand from emerging economies such as Indonesia, Malaysia, Philippines, Brazil and India, and experience strong growth throughout the forecast period (2017 to 2022). On the other hand, advanced economies showed signs of getting their strength back during the end of 2017, with strong fundamental growth in the U.S. With higher demand in the crane market expected from the highly populated emerging economies, the governments in these regions will be making major investments in improving the basic levels of infrastructure as well as in construction needs. The advanced economies will also start investing in major infrastructure projects.

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The research includes historic data from 2013 to 2018 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Cranes on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Cranes Market and assist manufacturers and investment organization to better grasp the development course of Cranes Market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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This release was published on openPR.