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Mobile Crane Market in China 2015-2019

Mobile Crane Market in China 2015-2019

About Mobile Crane Market in China

Mobile cranes are used to lift and transport different types of loads at construction sites. They are mounted on a rubber tire or crawler carrier and powered by electric motors or internal combustion engines. The mobile crane market is part of the rapidly growing construction equipment market in China. The increased focus on improving the quality of infrastructure in the country coupled with rapid urbanization has led to a rise in the number of construction projects. This has generated positive demand for mobile cranes in China.

Technavio's analysts forecast the mobile crane market in China to grow at a CAGR of 17.03% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the mobile crane market in China for 2015-2019. It includes historical data of revenue generated from the sales of mobile cranes in China. The revenue generated from the sales of mobile cranes determines the market size. The forecast of the CAGR for the period 2015-2019 is based on an analysis of the present condition of the market.

Technavio's report, Mobile Crane Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Guangxi LiuGong Machinery
  • Sany Group
  • XCMG Group
  • Zoomlion Heavy Industry Science & Technology Development
Other Prominent Vendors
  • Manitowoc
  • Terex
Market Driver
  • Large-scale Urban Development Projects
  • For a full, detailed list, view our report
Market Challenge
  • Stringent Emission Control Regulations
  • For a full, detailed list, view our report
Market Trend
  • Emergence of Crane Rentals
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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 the key vendors 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 – Mobile Crane Market in China 2015-2019

Technavio recognizes the following companies as the key players in the Mobile Crane Market in China: Guangxi LiuGong Machinery, Sany Group, XCMG Group and Zoomlion Heavy Industry Science & Technology Development

Other Prominent Vendors in the market are: Manitowoc and Terex

Commenting on the report, an analyst from Technavio’s team said: “Ownership of construction equipment, such as mobile cranes, involves extensive investment. Construction companies, especially SMEs, face budget constraints. Therefore, the market is witnessing a shift toward renting cranes for construction projects. Vendors such as XCMG, Zoomlion, Guangxi LiuGong Machinery, and Sany for instance, have started providing equipment on a rental basis to contractors and construction companies. Auxiliary services such as specialist consultation and proactive maintenance are also provided to customers renting the cranes. This allows construction companies to utilize the equipment without the need for major investments.”

According to the report, in 2014, the urban population accounted for 54% of the total population and it is expected to reach 60% by 2020. In order to cater to the needs of the growing urban population and to allay problems of traffic congestion and a shortage of housing, the government is focusing on urban development. Under the 12th Five Year Plan (2011-2015), the government of China has planned the construction of 40,390 mi of new roads and 18,642 mi of new railways by the end of 2015. Additionally, $1 billion has been set aside for developing housing units by 2015.Further, the report states that with increase in the cost of raw materials and stringent emission regulations, the manufacturing cost of mobile cranes has also increased, leading to a lowering of profit margins for manufacturers.

Companies Mentioned

Guangxi LiuGong Machinery, Sany Group, XCMG Group, Zoomlion Heavy Industry Science & Technology Development, Manitowo, Terex

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Industry Overview
    • Table Classification of Construction Equipment Based on Usage
    • Classification of Cranes
      • Table Classification of Cranes
      • Mobile Cranes
      • Marine and Port Cranes
      • Fixed Cranes
    • Construction Market in China
      • Table Construction Market in China 2011-2014 ($ billions)
      • Table Construction Market in China by Sector 2014
    • Mobile Crane Market in China 2009-2014
      • Table Mobile Crane Market in China 2009-2014 ($ billions)
  • Country Overview: China
    • Rate of Urbanization in China
      • Table Rate of Urbanization in China 2013 (billions of people)
  • Market Landscape
    • Market Size and Forecast
      • Table Mobile Crane Market in China 2014-2019 ($ billions)
    • Five Forces Analysis
  • Market Segmentation
    • Table Segmentation of Mobile Crane Market in China by Type 2014
    • Table Segmentation of Mobile Crane Market in China by Type 2014-2019
    • Truck Crane Market in China
      • Market Size and Forecast
        • Table Truck Crane Market in China 2014-2019 ($ billions)
    • Crawler Crane Market in China
      • Market Size and Forecast
        • Table Crawler Crane Market in China 2014-2019 ($ billions)
    • All-terrain Crane Market in China
      • Market Size and Forecast
        • Table All-terrain Crane Market in China 2014-2019 ($ billions)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Guangxi LiuGong Machinery
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Guangxi LiuGong Machinery: Product Segmentation 2013
      • Geographical Segmentation by Revenue 2013
        • Table Guangxi LiuGong Machinery: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Sany Group
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Sany Group: Product Segmentation 2013
      • SWOT Analysis
    • XCMG
      • Key Facts
      • Business Overview
      • Key Products
        • Table XCMG: Key Products 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Zoomlion Heavy Industry Science and Technology
      • Key Facts
      • Business Overview
      • Products and Services by Revenue 2013
        • Table Zoomlion Heavy Industry Science and Technology: Products and Services by Revenue 2013
      • Products and Services by Revenue 2012 and 2013
        • Table Zoomlion Heavy Industry Science and Technology: Products and Services by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Zoomlion Heavy Industry Science and Technology: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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