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GLOBAL CRANE AND HOIST MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Crane And Hoist Market, By Type (Crane and Hoist), By Application (Construction, Transportation and Logistics, Marine, Oil & Gas, Mining, Agriculture, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Key Developments

  • In January 2022, Tadano, Japan-based manufacturer of cranes and aerial work platforms, launched GR-550EX, its largest rough-terrain crane. The 550-ton capacity model expanded Tadano's rough-terrain portfolio.
  • In June 2021, Liebherr, construction machines manufacturer, unveiled LTM 1110-5.3, an 110-ton rough-terrain crane. It offers increased lifting capacities and is suitable for a range of applications.
  • In March 2022, Terex Cranes, a manufacturer of lifting and material processing products, launched TCX58, an 80-ton capacity truck crane. It features lower fuel consumption and reduced emissions.
  • In January 2021, Tadano completed the acquisition of Demag Mobile Cranes business from Terex Corporation. The acquisition expanded its product portfolio and geographic reach.

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