Crane Market PDF: Industry Overview, Growth Rate and Forecast 2021-26

1. Global Crane Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Machine Vision Market Outlook 2026: According to the latest report by IMARC Group, titled "Crane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global crane market size reached a value of US$ 46.80 Billion in 2020. A crane is a commonly used construction machinery that is extensively utilized for horizontally lifting and transporting heavy loads across industrial settings. It is usually designed using sheaves, wire ropes and hoist ropes that provide support and enable the machine to transport bulky weights from one location to another. Modern cranes generally employ hydraulic and internal combustion engine systems that are known to offer excellent mechanical strength and greater lifting capabilities. As a result, these cranes are widely employed across the construction, automotive, mining, and oil and gas industries for a vast array of applications.

4. Report Description and Highlights Report Description Global Crane Market Trends: The global market is primarily driven by considerable growth in the construction sector. Governments of several countries, especially that of the developing nations, are heavily investing in infrastructural development projects. This, coupled with the rapid expansion of smart cities across the globe, has contributed to the rising demand for cranes to assist in construction activities, which is providing an impetus to the market growth. Moreover, the widespread adoption of modern cranes in oil and gas exploration activities is another major growth-inducing factor. The market is further driven by the increasing utilization of advanced technologies in the manufacturing of cranes. This has led to the launch of special-purpose cranes that facilitate the removal of overburden from tunneling or shaft excavation in hydel power projects, which is gaining widespread prominence in the market. Request for a free sample report: https://www.imarcgroup.com/crane-market/requestsample

5. Report Description Report Description and Highlights Several key players have also introduced mobile variants that offer real-time information regarding the overall performance of the machinery for valuable insights Some of the other factors contributing to the market growth include rapid industrialization and the increasing product utilization across the power and automotive industries. Market Summary: Breakup by Product type: • Mobile • Marine and port • Fixed cranes.

6. Report Description Report Description and Highlights Breakup by Application: • Construction and infrastructure • Mining • Oil and gas • Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa On account of the aforementioned factors, the market is anticipated to reach a value of US$ 59.82 Billion by 2026, exhibiting a CAGR of 4.57% during 2021-2026.

7. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Cargotec • Konecranes • Liebherr-International • Manitowoc • Terex • XCMG Group • American Crane and Equipment • Badger Equipment • Broderson • IHI Construction Machinery • Link-Belt Construction Equipment and Kobelco Cranes View Report TOC, Figures and Tables : https://www.imarcgroup.com/crane-market

8. Report Description and Highlights Report Description Related Report by IMRC Group: India Crane Market Size. Share, Trends, Price and Latest Research Report: United States Crane Market Size. Share, Trends, Price and Latest Research Report: Asia Pacific Crane Market Size. Share, Trends, Price and Latest Research Report: Europe Crane Market Size. Share, Trends, Price and Latest Research Report: GCC Crane Market Size. Share, Trends, Price and Latest Research Report:

9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

12. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com