Global wheeled crane market is witnessing significant growth due to increasing demand for heavy lifting and material handling solutions across various industries. Wheeled cranes are versatile machines that are designed to lift and move heavy loads in construction sites, mining operations, ports, and other industrial sectors. These cranes are equipped with wheels, which provide mobility and flexibility, making them ideal for various job sites.
Global wheeled crane market growth is driven by several factors including growing construction industry, infrastructural development projects, and increasing demand for efficient lifting solutions. The need for safe and secure material handling equipment, along with advancements in technology, is further propelling the market growth.
Market Dynamics:
The global wheeled crane market is driven by rapid growth of construction and manufacturing industries globally. Infrastructure development projects coupled with economic growth programs in developing countries contributes significantly to market expansion. However, high initial investment and maintenance cost of these lifting machines pose a major challenge. Advancements in material handling equipment’s bringing automated and hybrid technologies present lucrative opportunities. Integration of IoT, AI and telematics enables remote monitoring and fleet management improving overall productivity. Stringent emissions and safety norms however may increase compliance costs for manufacturers. Adoption of energy efficient batteries and generators could help tackle environmental regulations.
Key Features of the Study:
- This report provides in-depth analysis of the wheeled crane market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the wheeled crane market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies key companies covered as a part of this study include Tadano Ltd, Liebherr Group, Terex Corporation, Xuzhou Construction Machinery Group Co., Ltd, Sany Heavy Industry Co. Ltd, Zoomlion Heavy Industry Science and Technology Co., Kobelco Construction Machinery Co., Ltd, Manitowoc Cranes, Link-Belt Cranes, Kato Works Co. Ltd, Palfinger AG, Manitex International, Sichuan Changjiang Electric Co. Ltd, Altec Inc., Elliott Equipment Company, Böcker Maschinenwerke GmbH, Tadano Faun GmbH, Broderson Manufacturing Corp., Mühlhäuser GmbH & Co. KG, and SENNEBOGEN Maschinenfabrik GmbH.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Wheeled crane market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the wheeled crane market
Global Wheeled Crane Market- Segmentation
- By Product Type
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- Truck Cranes
- All Terrain Cranes
- Rough Terrain Cranes
- Loader Cranes
- Others (Sidelifter, Rail Mounted, etc.)
- By Lifting Capacity
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- Less than 150 Tons
- 150-300 Tons
- Greater than 300 Tons
- By End-use Industry
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- Construction
- Utilities
- Industries
- Others
- By Propulsion
-
- Engine Powered
- Electric Powered
- Hybrid Powered
- By Design
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- Compact Wheeled Cranes
- Standard Wheeled Cranes
- By Region
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top companies in Global Wheeled Crane Market
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- Tadano Ltd
- Liebherr Group
- Terex Corporation
- Xuzhou Construction Machinery Group Co., Ltd
- Sany Heavy Industry Co. Ltd
- Zoomlion Heavy Industry Science and Technology Co.
- Kobelco Construction Machinery Co., Ltd
- Manitowoc Cranes
- Link-Belt Cranes
- Kato Works Co. Ltd
- Palfinger AG
- Manitex International
- Sichuan Changjiang Electric Co. Ltd
- Altec Inc.
- Elliott Equipment Company
- Böcker Maschinenwerke GmbH
- Tadano Faun GmbH
- Broderson Manufacturing Corp.
- Mühlhäuser GmbH & Co. KG
- SENNEBOGEN Maschinenfabrik GmbH
