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).
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.