Research and Markets: Global Mobile Crane Market 2015-2019 - Industry Analysis Report
November 26 2015 - 07:22AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/5z3j7z/global_mobile)
has announced the addition of the "Global Mobile Crane Market
2015-2019 - Industry Analysis" report to their offering.
The report forecasts the global mobile crane market to grow at a
CAGR of 6.92% over the period 2014-2019.
This report covers the present scenario and the growth prospects
of the global mobile crane market for the period 2015-2019. The
market size has been calculated based on total revenue generated
from consumption of mobile cranes. The market forecast is based on
investments in the construction sector globally. The report does
not consider the sale of used equipment or the revenue generated
from contracts and maintenance.
The global mobile crane market is one of the fastest growing
segments in the material handling equipment market as a result of
increase in urban infrastructure and residential construction
projects.
The market is driven by many growth factors, one of which is
increased investment in development of smart cities. Growing
population and migration of people to urban areas has led to an
increase in demand for new cities with efficient transport
infrastructure facilities, which has led to a significant rise in
the number of urban infrastructure projects across the globe. This
has escalated the demand for mobile cranes. Also, increased
investments in power plant construction is another factor that will
help the growth of the global mobile crane market.
Further, fleet management services provided by mobile crane
vendors is also triggering demand for cranes. Fleet management
services enable procurement of real-time information pertaining to
operation and fuel consumption of cranes, which helps improve
productivity.
However, counterfeit equipment and unstable macroeconomic
environment will pose a major challenge to crane manufacturers, and
is likely to impact their profit margins.
Key vendors
- Kobelco
- Liebherr
- Tadano
- Terex
Other prominent vendors
- Escorts Construction Equipment
- Furukawa UNIC
- Guangxi LiuGong Machinery
- Hitachi Construction Machinery
- KATO Works
- Komatsu
- Konecranes
- Manitowoc
- Sany Group
- XCMG
- Zoomlion Heavy Industry Science and Technology
For more information visit
http://www.researchandmarkets.com/research/5z3j7z/global_mobile
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version on businesswire.com: http://www.businesswire.com/news/home/20151126005203/en/
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U.S.): +353-1-481-1716Sector: Cranes and Lifting Equipment