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Global Mobile Crane Market Growth 2019-2024
SKU ID : LPI-13847458 | Publishing Date : 08-Feb-2019 | No. of pages : 167
Mobile crane means a lifting device incorporating a cable suspended latticed boom or hydraulic telescopic boom designed to be moved between operating locations by transport over the road.
The most basic type of mobile crane consists of a steel truss or telescopic boom mounted on a mobile platform, which may be rail, wheeled (including "truck" carriers) or caterpillar tracks. The boom is hinged at the bottom, and can be raised and lowered by cables or by hydraulic cylinders.
In this report, we mention the mobile crane including rough-terrain crane, all-terrain crane and truck crane, do not include crawler crane.
For industry structure analysis, the Mobile Crane industry is not that concentrated. Liebherr, Tadano, Terex and XCMG are famous in the industry for the wonderful performance of products and satisfactory service. But the market competition is getting fierce, with growing number of manufacturers entering the market; especially several Chinese manufacturers those have cost advantages.
Regionally, China is the largest production and sales area of Mobile Crane. In 2016, the sales volume of Mobile Crane was estimated at about 19.3 K Units, which was about 50% of the global total sales volume. Europe and North America are also the main sales regions of Mobile Crane. While the market growth rate in developed countries is slow, the market in India and some other developing countries are promising, with remarkable market growth rate.
Worldwide, the production of Mobile Crane decreases from 64584 Units in 2012 to 39306 Units in 2016, mainly affected by the weak downstream market. But it is forecasted that the global production volume will rises to 44702 Units by the end of 2022.
For price trend analysis, a key variable in the performance of Mobile Crane producers is components and raw material costs, specifically the speed at which any increase can be passed through to customers.
The global Mobile Crane revenue is forecasted to recovery. We tend to believe that this industry still has a bright future, considering the current demand of Mobile Crane driven by urbanization in developing countries. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Mobile Crane market will register a 0.8% CAGR in terms of revenue, the global market size will reach US$ 9370 million by 2024, from US$ 8930 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mobile Crane business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Crane market by product type, application, key manufacturers and key regions and countries.
This study considers the Mobile Crane value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Crawler Crane
All Terrain Crane
Truck Crane
Trailer-Mounted Crane
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction
Industries
Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Liebherr
Tadano
Manitowoc
XCMG
Terex
Zoomlion
Sany
kobelco crane
Hitachi Sumitomo
Furukawa UNIC
Sichuan Changjiang
Altec Industries
Action Construction Equipment
Elliott Equipment, Escorts Group
Liugong
Böcker Maschinenwerke
liaoning fuwa
Manitex
Broderson
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Mobile Crane consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Mobile Crane market by identifying its various subsegments.
Focuses on the key global Mobile Crane manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mobile Crane with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mobile Crane submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The most basic type of mobile crane consists of a steel truss or telescopic boom mounted on a mobile platform, which may be rail, wheeled (including "truck" carriers) or caterpillar tracks. The boom is hinged at the bottom, and can be raised and lowered by cables or by hydraulic cylinders.
In this report, we mention the mobile crane including rough-terrain crane, all-terrain crane and truck crane, do not include crawler crane.
For industry structure analysis, the Mobile Crane industry is not that concentrated. Liebherr, Tadano, Terex and XCMG are famous in the industry for the wonderful performance of products and satisfactory service. But the market competition is getting fierce, with growing number of manufacturers entering the market; especially several Chinese manufacturers those have cost advantages.
Regionally, China is the largest production and sales area of Mobile Crane. In 2016, the sales volume of Mobile Crane was estimated at about 19.3 K Units, which was about 50% of the global total sales volume. Europe and North America are also the main sales regions of Mobile Crane. While the market growth rate in developed countries is slow, the market in India and some other developing countries are promising, with remarkable market growth rate.
Worldwide, the production of Mobile Crane decreases from 64584 Units in 2012 to 39306 Units in 2016, mainly affected by the weak downstream market. But it is forecasted that the global production volume will rises to 44702 Units by the end of 2022.
For price trend analysis, a key variable in the performance of Mobile Crane producers is components and raw material costs, specifically the speed at which any increase can be passed through to customers.
The global Mobile Crane revenue is forecasted to recovery. We tend to believe that this industry still has a bright future, considering the current demand of Mobile Crane driven by urbanization in developing countries. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Mobile Crane market will register a 0.8% CAGR in terms of revenue, the global market size will reach US$ 9370 million by 2024, from US$ 8930 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mobile Crane business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Crane market by product type, application, key manufacturers and key regions and countries.
This study considers the Mobile Crane value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Crawler Crane
All Terrain Crane
Truck Crane
Trailer-Mounted Crane
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction
Industries
Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Liebherr
Tadano
Manitowoc
XCMG
Terex
Zoomlion
Sany
kobelco crane
Hitachi Sumitomo
Furukawa UNIC
Sichuan Changjiang
Altec Industries
Action Construction Equipment
Elliott Equipment, Escorts Group
Liugong
Böcker Maschinenwerke
liaoning fuwa
Manitex
Broderson
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Mobile Crane consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Mobile Crane market by identifying its various subsegments.
Focuses on the key global Mobile Crane manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mobile Crane with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mobile Crane submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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