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CRAWLER CRANES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Crawler Cranes Market, By Type (Lattice Boom Crawler Cranes and Telescopic Boom Crawler Cranes), By Capacity (Below 50 Metric Ton, 50 to 250 Metric Ton, 251 to 450 Metric Ton, More than 450 Metric Ton), By Application (Construction, Mining, Transport, Oil & Gas, Energy, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Market Challenges: Dearth of skilled operators

The shortage of skilled crane operators can hamper the global crawler cranes market growth. Crawler cranes require highly trained and experienced operators as theseare complex equipment that can lift very heavy loads and operate in difficult terrains. However, there is a lack of skilled workforce available globally that can efficiently operate these huge cranes.

Training new crane operators is a long process that requires hands on practice and certification. Due to rising infrastructure development activities, there has been huge demand for crawler cranes  in the past few years.

Market Opportunities: Emerging economies pushing demand

Countries across Asia Pacific, Latin America, Middle East and Africa are experiencing rapid industrialization and infrastructure development. With growing urbanization and construction activities, there is increasing need for material and equipment handling on large project sites. Crawler cranes are perfectly suited for such applications due to their mobility and higher load capacities as compared to stationary or truck mounted cranes.

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