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Global Mobile Crane Market 2017-2021

Global Mobile Crane Market 2017-2021

About Mobile Crane

A mobile crane is a lifting device, which incorporates a cable-controlled crane mounted on rubber-tired carriers or crawlers or a hydraulic-powered crane with a telescoping boom. It is designed for easy transportation between the various operating locations by road. It is designed to be used with different types of loads and cargo, with little or no setup or assembly. Mobile cranes are used widely in the engineering, construction, and infrastructure industries. These machines are used for loading, unloading, moving, shifting, and erecting materials. Mobile cranes lift, shift, and place loads, weighing five tons to more than 100 tons, from one point to another. Mobile cranes are available in various sizes and can be used in projects of all sizes because of the flexibility in application and low costs. The efficiency of mobile cranes lies in the amount of load they can carry and transfer.

Technavio’s analysts forecast the global mobile crane market to grow at a CAGR of 3.89% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile crane market for 2017-2021. To calculate the market size, the report discusses the major drivers influencing market growth and the challenges faced by the vendors and the overall market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mobile Crane Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.

Key vendors
  • Liebherr Group
  • Manitowoc
  • XCMG
  • Tadano
  • Terex
Other prominent vendors
  • Action Construction Equipment
  • Altec Industries
  • BAUER Aktiengesellschaft
  • Böcker Maschinenwerke
  • Broderson Manufacturing
  • Elliott Equipment
  • Escorts Group
  • FURUKAWA UNIC
  • Hitachi Construction Machinery
  • J C Bamford Excavators
  • KATO HEAVY INDUSTRIES CONSTRUCTION MACHINERY
  • Komatsu
  • Konecranes
  • Link-Belt
  • Liugong Machinery
  • LOCATELLI CRANE
  • Manitex
  • Marchetti Autogru
  • SANY GROUP
  • SENNEBOGEN
  • Hitachi Sumitomo Heavy Industries Construction Crane
Market driver
  • Expansion in industrial construction and maintenance.
  • For a full, detailed list, view our report
Market challenge
  • Lack of skilled and qualified crane operators.
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of telescopic crawlers.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are in this market space?
  • What are the market opportunities and threats faced by the key vendors??
  • What are the strengths and weaknesses of the key vendors??


Press Release

Technavio Announces the Publication of its Research Report – Global Mobile Crane Market 2017-2021

Technavio recognizes the following companies as the key players in the global mobile crane market: Liebherr Group, Manitowoc, XCMG, Tadano, and Terex.

Other Prominent Vendors in the market are: Action Construction Equipment, Altec Industries, BAUER Aktiengesellschaft, Böcker Maschinenwerke, Broderson Manufacturing, Elliott Equipment, Escorts Group, FURUKAWA UNIC, Hitachi Construction Machinery, J C Bamford Excavators, KATO HEAVY INDUSTRIES CONSTRUCTION MACHINERY, Komatsu, Konecranes, Link-Belt, Liugong Machinery, LOCATELLI CRANE, Manitex, Marchetti Autogru, SANY GROUP, SENNEBOGEN, and Hitachi Sumitomo Heavy Industries Construction Crane.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is rising use of telematics. Telematics is being increasingly adopted in various types of machines. This global positioning system (GPS)-based technology offers many benefits to equipment owners and fleet managers. Only big players have implemented this technology until recently. However, with the advances in the technology, rental companies of all sizes have begun using it. While cost plays a big role in any organization, the advantages of telematics such as increased operational efficiency and profitability are pushing firms to adopt this technology. The data from telematics help operators to perform a detailed analysis of the operation of the equipment, its location, fault codes, and many other features, all of which can yield higher profits for the company. Most manufacturers are developing telematics solutions that provide GPS, engine usage data, access to their electronic engines, and diagnostic fault codes. Telematics has various uses, which can be customized as per the users' needs. For instance, the ability to track idle time of engines and fuel consumption for an entire fleet, which includes machines from different manufacturers, helps in saving cost significantly for end-users.”

According to the report, one driver in market is increased infrastructure-based development. The increased construction spending globally is mainly due to the demographic changes, which are likely to fluctuate across countries, influencing both the amount and type of infrastructure spending. Growing older populations in Western Europe and Japan, for example, are expected to require more medical service facilities, while nations in Sub-Saharan Africa, the Middle East, and numerous parts of APAC are anticipated to require more schools and better transportation facilities to support the increasing number of younger people. Infrastructure development has a direct impact on the demand for mobile cranes. The need for better infrastructure leads to a high demand for mobile cranes, as they are used in a wide range of construction activities, especially in the infrastructure sector.

Further, the report states that one challenges in market is stringent emission norms. The mobile crane industry produces large amounts of GHGs and other air pollutants. Real-time measuring and monitoring of these emissions will enable manufacturers to assess the impact of this equipment on the environment, and aid in improving the sustainability of construction. Emission measurement systems like portable emission measurement systems (PEMS) for real-time measurement of CO₂, nitrogen oxides, hydrocarbon, and carbon monoxide emissions from construction equipment help to derive the emission rates and emission factors in operating conditions. With the implementation of the Tier 4 Pollution norms for heavy industries, companies are finding it difficult to sell their old machines, which do not comply with the new norms. These stringent regulations also increase the cost of new equipment. In addition, with the advent of Tier 5 regulations, which are expected to be rolled out by 2020, the cost of compliance is expected to increase as Tier 5 engines must have diesel particulate filters (DPF) installed to reduce the soot from the emissions.

Companies Mentioned

Liebherr Group, Manitowoc, XCMG, Tadano, Terex, Action Construction Equipment, Altec Industries, BAUER Aktiengesellschaft, Böcker Maschinenwerke, Broderson Manufacturing, Elliott Equipment, Escorts Group, FURUKAWA UNIC, Hitachi Construction Machinery, J C Bamford Excavators, KATO HEAVY INDUSTRIES CONSTRUCTION MACHINERY, Komatsu, Konecranes, Link-Belt, Liugong Machinery, LOCATELLI CRANE, Manitex, Marchetti Autogru, SANY GROUP, SENNEBOGEN, and Hitachi Sumitomo Heavy Industries Construction Crane.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Various types of mobile cranes
      • Table Regional growth matrix for global mobile crane market
      • Table Values represented in the regional growth matrix
      • Table End-user growth matrix for global mobile crane market
      • Table Values represented in the product growth matrix
  • Market landscape
    • Market overview
      • Table Global mobile crane market segmentation
    • Market size and forecast
      • Table Global mobile crane market 2016-2021 ($ billions)
      • Table Global urban population as a percentage of total population 2008-2015 (%)
      • Table Long-term interest rates 2014-2016 (percentage per annum)
      • Table Completion of tall buildings (200m+) 2010-2016 (%)
      • Table Growth in infrastructure spending in manufacturing segment 2016-2020 (%)
      • Table Production and consumption of natural gas in OECD Americas 2014 and 2015 (billion cubic meters)
      • Table Manufacturing output in US 2014 Q1-2016 Q3 (%)
      • Table Construction output index in EU 2007-2016
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global mobile cranes market segmentation by end-user
      • Table Global mobile cranes market by end-user 2016 and 2021 (%)
    • Global mobile crane market in construction sector
      • Table Global mobile crane market in construction sector 2016-2021 ($ billions)
      • Table Commercial service exports in India and China 2008-2015 ($ millions)
    • Global mobile crane market in industrial sector
      • Table Global mobile crane market in industrial sector 2016-2021 ($ billions)
      • Table Global GDP forecast 2016-2021 ($ trillions)
    • Global mobile crane market in utilities sector
      • Table Global mobile crane market in utilities sector 2016-2021 ($ billions)
      • Table Total renewable energy supply in OECD countries 2010-2015 (million tons of oil equivalent)
      • Table Global spending in utilities sector 2016-2020 (%)
  • Geographical segmentation
    • Global mobile crane market segmentation by geography
      • Table Segmentation of global mobile crane market by geography 2016 and 2021 (%)
    • Mobile crane market in EMEA
      • Table Mobile crane market in EMEA 2016-2021 ($ billions)
      • Table Key infrastructure projects in EMEA
      • Table Nights stays at tourist accommodation establishments in EU 2010-2015 (%)
    • Mobile crane market in Americas
      • Table Mobile crane market in Americas 2016-2021 ($ billions)
      • Table Average monthly new privately owned housing starts in the US 2011-2016 (thousands of units)
      • Table Annual unemployment rate in US 2010-2016 (%)
      • Table Shale production in US 2007-2015 (billion cubic feet)
    • Mobile crane market in APAC
      • Table Mobile crane market in APAC 2016-2021 ($ billions)
      • Table Urban population in APAC and rest of the world 2008-2015 (%)
      • Table Growth in infrastructure spending in APAC 2016-2020 (%)
      • Table Key upcoming projects in APAC
  • Market drivers
    • Increased infrastructure-based development
      • Table Global construction spending 2016-2021 ($ trillions)
    • Demand from utilities sector
      • Table Global annual installed wind capacity 2010-2016 (MW)
      • Table Country-wise wind power installation 2016 (MW)
      • Table New wind installation targets by 2020
      • Table Coal-fired plant versus gas-fired plant
      • Table Global electricity generation by fuel share 1973 and 2014 (%)
      • Table Global natural gas consumption 2016-2021 (trillion cubic feet)
    • Expansion in industrial construction and maintenance
    • Growth in power distribution
      • Table Electric power transmission and distribution losses 2008-2013 (% of output)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Stringent emission norms
    • Lack of skilled and qualified crane operators
    • Growing cost of compliance
    • Used and spurious equipment
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rising use of telematics
    • Growing popularity of telescopic crawlers
    • Demand for mobile tower cranes
    • Rise in demand for energy-efficient mobile cranes
  • Vendor landscape
    • Vendor overview
    • Other prominent vendors
  • Key vendor analysis
    • Liebherr Group
      • Table Liebherr Group: Product segmentation
      • Table Liebherr Group: Mobile crane product range
      • Table Liebherr Group: Recent developments
    • Manitowoc
      • Table Manitowoc: Product segmentation
      • Table Manitowoc: Mobile crane product and service range
      • Table Manitowoc: Recent developments
    • Tadano
      • Table Tadano: Mobile crane product and service range
      • Table Tadano: Recent developments
    • Terex
      • Table Terex: Business segments
      • Table Terex: Product portfolio
      • Table Terex: Mobile crane product and service range
      • Table Terex: Recent developments
    • Xuzhou Construction Machinery Group (XCMG)
      • Table XCMG: Product and services
      • Table XCMG: Mobile crane product portfolio
      • Table XCMG: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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