Introduction: Industrial Cranes Market
A crane is a device used to raise and lower things using metallic wires while also moving them horizontally. High tensile cables, ropes, and chains are wound around a hoisting drum and a number of pulleys to form the crane’s mechanism.
These cranes are most frequently employed for continuous operation and at locations where containers are handled in a variety of industries. More dependable and energy-efficient cranes are now available thanks to rapid technical advancement in the crane sector.
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Industrial applications use a variety of crane types, including overhead cranes, gantry cranes, jib cranes, etc. The configuration of the support and lifting mechanisms varies amongst these cranes. Industrial cranes can be controlled by stick, cab, or remote control.
Market Dynamics
The cranes are used in virtually all manufacturing industries, including automotive industry, iron ore processing industry, chemical industry, mining and bulk handling sectors, harbour, ports or dockyards. Growing manufacturing sector and other associated industries are estimated to fuel the demand for industrial cranes over the next decade. The market is projected to witness positive growth in the forecast period.
Growth of construction industry and rapid urbanization are factors projected to boost the global industrial cranes market. Improved technology and automation will support the construction and production of efficient industrial cranes. High initial and maintenance costs associated with the industrial cranes add extra cost to consumers. Need of trained professionals for accurate operations and proper manufacturing standards to avoid the accidents, stringent government regulations, and rules are acting as hurdles for the manufacturers.
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Market Segmentation
Basis of configuration
- Single Girder Cranes
- Double Girder Cranes
- Gantry Cranes
- Jib Cranes
- Shipyard Cranes
- Stacker Crane
- Others
Basis of Hoist Arrangement
- Top Running Type
- Under Hung Type
Basis of movability
- Mobile Cranes
- Fixed Cranes
- Others
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Basis of end use industries
- Metal Production Industries
- Waste Management Industries
- Ports & Ship Terminals Industries
- Railway
- Manufacturing Industries
- Construction & Infrastructure Industries
- Petrochemical Industries
- Others Industries
Key Players:
- Konecranes Plc.
- Sumitomo Heavy Industries Material Handling Systems Co.,Ltd.
- Gorbel Inc.
- North American Industries
- ElectroMech Material Handling Systems (India) Pvt. Ltd.
- Demag (Terex MHPS Corp.)
- Street Crane Company Limited
- Kundel Industries Inc.
- American Crane Norway A/S
- Uesco Industries, Inc.
- Whiting Corporation
- Asia Cranes Pvt Ltd
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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