United Kingdom Crane Market - Strategic Assessment & Forecast 2021-2027

United Kingdom Crane Market - Strategic Assessment & Forecast 2021-2027

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this United Kingdom Crane Market Strategic Assessment & Forecast Report

United Kingdom crane market size will be valued at USD 1329 million growing at a compound annual growth rate (CAGR) of 4.61% by volume during 2021-2027

The adoption of intelligent systems driven by IoT and data analysis for service, networking, and sustainability, the crane market is transitioning to become a more innovative industry. The United Kingdom crane market is expected to show an incremental growth of 1,519 units during the forecast period. US and India are the largest investors across the UK. Software & computer services, financial services are some major FDI drawing industries in the UK.

UNITED KINGDOM CRANE MARKET INSIGHTS

The rise in construction activities in health care and clean energy projects will drive the demand for cranes in the UK.
In the UK, the rental business is developing rapidly. With most OEMs offering rental services in this space, a major part of the rental equipment market in the UK is dominated by unorganized players.
The UK is the 5th largest importer of mobile cranes across the globe. The demand for mobile cranes has increased in 2021 due to the rise in residential and hospital construction activities.

KEY HIGHLIGHTS FROM THE REPORT

The demand for mini/compact cranes is expected to increase in the coming years as they are feasible due to their compact size and rising market growth.
With the rise in automation technology, smart cranes are gaining high traction across the UK crane market.

UNITED KINGDOM CRANE MARKET - SEGMENTATION
ANALYSIS

Cranes used in the construction industry accounted for the largest market share, pertaining to large government expenditure on construction projects.
The demand for mobile cranes is largely driven to address high-end works for urban and infrastructure development.

Market Segmentation by Crane Type

Mobile Crane
Crawler Cranes
Rough Terrain Cranes
All-Terrain Cranes
Truck Mounted Cranes
Others
Fixed Cranes
Overhead Cranes
Tower Cranes

Market Segmentation by Application

Construction
Mining
Transport/Port
Manufacturing
Others

Market Segmentation by Gross Power

Less than 20 Tons
20-100 Tons
101-200 Tons
Greater than 201 Tons

VENDOR LANDSCAPE

The ability of vendors to finance the procurement of parts and components required to manufacture and operate cranes is influenced by the purchasing power of contractors. The increase in government investments in various infrastructure development projects such as National Health Plan, Birmingham’s city plan projects, Cross rail projects, and HS2 rail line projects will increase the demand for mobile Cranes in the UK.

Key Vendors

Tadano manufactures construction cranes
Manitex International
Manitowoc
SANY
Kobelco
Liebherr
Konecranes
Terex corporation
Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

Other Prominent Vendors

Mammoet
Sarens
Ormig S.p.A.
Link-Belt Cranes
Kato Works

Distributors:

Weldex
Crowland Cranes Ltd
NRC Plant

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:

Volume (Unit sales)
Crane Type
Application
Gross Power

Value (USD)
Crane Type
Application
Gross Power

Gain competitive intelligence about the economic scenario, advantages in United Kingdom major projects and investments, dynamics, and market share
Examples of latest technologies
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Enable decision-makers to make informed and profitable choices
Gain expert quantitative and qualitative analysis on value/volume growth projections of the United Kingdom crane market share
Complete supply chain analysis
Get COVID-19 impact analysis of the market
Company Profile of 9 key vendors and 5 other prominent vendors

KEY QUESTIONS ANSWERED:

1. How big is the United Kingdom crane market?
2. What are the latest trends in the United Kingdom crane market?
3. Who are the key players in the United Kingdom crane industry?
4. What are the key opportunities in the mobile crane industry in the United Kingdom?
5. Which segment accounted for the highest share in the United Kingdom crane Industry?
6. What are the different types of cranes covered in the research report?