Monday, March 23, 2020

Tower Crane Market: Driving Factors and Market Challenges Analysis till 2030


By Product (Fast-Erecting, Hammer Head Cranes, Luffing Jib Cranes, Self-Erecting Cranes, and Mobile Cranes), By Capacity (Up to 5 Tons, 5 to 10 Tons, 10 to 20 Tons, 20 to 50 Tons, and Above 50 Tons), By Design (Top Slewing and Bottom Slewing), By End-Use (Building and Construction, Residential, Infrastructure, Civic Infrastructure, Marine and Sea Ports, Mining, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

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Tower cranes are a modern form of balance crane that are fixed to the ground on a concrete slab and are used in the construction of tall buildings.
Rising repair tasks and rehabilitation of new and existing infrastructure is the major driving factor for the target market. For instance, according to a data published by The World Economic Forum Organization in 2014, trillions of US dollars have been invested over the past decades to build the global infrastructure asset base, which includes 43,000 airports, 33 million kilometers (km) of roads and 1.2 billion fixed-line connections. However, a tower crane requires a longer amount of time to set up. Nevertheless, these machines are user-friendly, consume less energy, and have the benefit of effective load carrying capacity which is creating lucrative opportunities for the target market growth....READ MORE


The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the global tower crane market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Key players in the global tower crane market includes

  • HKTC, Kroll Cranes A/S
  • Liebherr, Linden Comansa, Manitowoc, 
  • Raimondi, Sany Group, Terex Corporation.
  • XCMG.
  • Zoomlion Heavy Industry Science 
  •  Technology Company Ltd.


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