Report Highlights
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.
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)
Report Scope
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 in the global crane market.
Analyst Credentials
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
Report Highlights
The global crane market is estimated to increase from approximately $29.9 billion in 2015 to $38.1 billion by 2020 with a compound annual growth rate (CAGR) of 5.0 % for the period of 2015-2020.
Report Includes
- 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 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- 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 according to different categories.
- Examinations of global demand, key developments, industry trends, and the dynamic growth of the Chinese crane market.
- Profiles of major players in the industry.
Report Highlights
The global crane market will grow from $26.6 billion in 2012 to $29.3 billion in 2013. Market revenue is forecast to increase at a five-year compound annual growth rate (CAGR) of 6.9% from 2013 to 2018, totaling $41.0 billion in 2018.
Report Includes
- 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 2012, estimates for 2013, and projection of compound annual growth rate (CAGR) for the period 2013 and 2018.
- 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 according to different categories.
- Examinations of global demand, key developments, industry trends, and the dynamic growth of the Chinese crane market.
Related Reports
Hydraulic Pumps and Motors: Global Markets
The global market for hydraulic pumps and motors was valued at $18.0 billion in 2022. The market is estimated to grow from $18.8 billion in 2023 to reach $22.9 billion by 2028, at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2028.
Hydraulic Cylinders: Technologies and Global Markets
The global market for hydraulic cylinders should grow from $10.6 billion in 2020 to $13.2 billion by 2025, at a compound annual growth rate (CAGR) of 4.6% for the period of 2020-2025.
2019 Manufacturing Research Review
This 2018 Manufacturing Research Review provides a sampling of the type of quantitative market information, analysis and guidance
Dredging Equipment: Global Markets and Technologies
The global market for dredgers and dredge equipment should grow from $4.4 billion in 2019 to reach $5.7 billion by 2024 at a compound annual growth rate (CAGR) of 5.3% for the period of 2019-2024.
Recent Reports
Global Flame and Smoke Detectors Markets
The global market for flame and smoke detectors is estimated to increase from $6.3 billion in 2023 to reach $9.0 billion by 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 through 2029.
Semiconductor Machinery Manufacturing: Global Markets
The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period of 2024 to 2029.
Nondestructive Testing Equipment and Services: Ultrasonic, Radiographic, Eddy Current and Others
The global market for NDT equipment and services is estimated to increase from $31.3 billion in 2023 to reach $50.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.1% from 2023 through 2028.
Electronics Contract Manufacturing and Design Services: The Global Market
The global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.2% from 2023 through 2028.
Hydraulic Pumps and Motors: Global Markets
The global market for hydraulic pumps and motors was valued at $18.0 billion in 2022. The market is estimated to grow from $18.8 billion in 2023 to reach $22.9 billion by 2028, at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2028.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More