Global Industrial Indoor Overhead Cranes Market 2018-2022
About Industrial Indoor Overhead Cranes
An industrial indoor overhead crane is used in industrial environments as an overhead crane consists of parallel runways with a traveling bridge spanning the gap.
Technavio’s analysts forecast the global industrial indoor overhead cranes market to grow at a CAGR of 3.97% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial indoor overhead cranes market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of industrial indoor overhead cranes across end-user industries
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Indoor Overhead Cranes Market 2018-2022
Technavio recognizes the following companies as the key players in the global industrial indoor overhead cranes market: Eilbeck Cranes, GH Crane & Components, GORBEL, KITO, Konecranes, Mazzella Companies.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing demand for crane rentals. Rental cranes offer significant advantages including time saving, cost saving, safety and less maintenance, in turn, fuelling the adoption of rental cranes.”
According to the report, one of the major drivers for this market is the rapid growth of e-commerce warehousing. With the increase in regional warehouses, the requirement for lifting and shifting goods also increases, thereby driving the demand for indoor overhead cranes in the e-commerce sector.
Further, the report states that one of the major factors hindering the growth of this market is the lack of skilled and qualified crane operators. Most operators do not have any formal training or education, which leads to the mishandling of equipment, in turn, hampering the adoption rate of the equipment.
GH Crane & Components
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