Overhead Cranes Market
The global overhead cranes market size is expected to reach $5,767.5 million by 2025 from $4,355.1 million in 2017, growing at a CAGR of 3.6% from 2018 to 2025. Overhead crane is a machine used to lift, displace, and move heavy & bulky loads in the industrial environment. It is equipped with parallel runways with a traveling bridge and a hoist. The lifting component of a crane mounted on a beam moves in multiple directions. Overhead crane is also known as bridge crane and suspended crane, as it has high lifting capabilities and can move objects through overhead space in the facility. It is operated either manually or using wired pendant station. Moreover, it can be directed remotely with the help of wireless control. It is majorly used to complete inside loading and unloading activities in manufacturing and storage facilities. Furthermore, it is used to complete lifting operations in shipping port.
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