In a fast-paced industry where information is often needed quickly, such information should be picked up Global market for industrial cranes Report is the best way to collect this information. The use of market research reports takes the pressure off the process considerably, which saves a lot of time. The industry analytics report can also be used to research best practices, prepare RFQs, prepare for customer meetings, and create content. The report provides insights into questions and helps validate information. Global Industrial Crane Industry’s successful report offers a holistic view of the market and enables benchmarking of all companies in the industry, not just those that are focused.
The global industrial crane market is expected to show a stable CAGR in the forecast period 2019 to 2026. The report includes data from the base year and the historic year 2017. The increasing demand for industrial cranes from various end industries is driving the growth of this market.
Crane is a machine specially designed to move heavy materials from one place to another. They usually consist of a chain, wire ropes, pulleys and hoisting rope. They are widely used in industries such as railways, metals manufacturing, civil engineering, petrochemicals, civil engineering, mining, etc. Due to rapid industrialization and urbanization, the market for industrial cranes is growing.
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• Rapid industrialization and urbanization are driving the growth of this market
• Growth in the construction and mining industries is driving market growth
• High maintenance costs hamper market growth
• The lack of trained and qualified professionals is another factor that constrains the market.
The major players in the Industrial Crane Market are:
Few of the main competitors currently in the industrial crane market are Konecranes, Sumitomo Heavy Industries Material Handling Systems Co., Ltd., GORBEL INC crane, Uesco cranes, Whiting Corporation, Asian cranes and elevators, Lampson International LLC, Liebherr Group, JCB, Manitowoc, XCMG Group, Zoomlion Heavy Industry Science & Technology Co., Ltd.
Important developments in the market:
• In March 2019, ACE announced the launch of the NextGen NX Series Multi Activity Cranes, specifically designed to be multi-tasking for the user. There are three models in this series – NX-360o, NXP & NXT. The main goal is to make multi-purpose cranes available to customers so that they can save time and money.
• In August 2018, Konecranes announced the launch of its crane advisor tool to help buyers find the right crane. With this new tool, the right crane is found in just four steps from the industry, the maximum required capacity, the required span and the individual application class. This new tool is available in different languages like English, Chinese, German, Polish, Russian, etc.
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Scope and segments of the global Industrial Cranes Market
• Through mobility
o mobile cranes
o Fixed cranes
• By end-use industries
o Metal manufacturing industry
o Waste management
o Ports and shipping terminals
o Manufacturing industry
o Construction and infrastructure industries
o Petrochemical industry
o Other industries
• Middle East and Africa
• North America
• South America
• Asia Pacific
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Strategic Points Covered in the Table of Contents of Global Industrial Cranes Market:
2. Market segmentation
3. Market overview
5. Premium Insights
6. By components
7. Product type
9. Industrial type
11. Enterprise landscape
12. Company profiles
13. Related reports
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