Crane Market Current Trends & Growth Drivers over 2019–2024: Leading Manufacturers: Terex Corporation, Konecranes PLC, Liebherr Group, XCMG Group
Increasing construction spending across the globe is a major factor driving the crane market growth. Shifting focus of the government entities on infrastructure development coupled with growing consumer preference for aesthetic and luxurious constructions will drive the industry growth. Urbanization, environmental impacts, and population growth have surged the need for sustainable and smart infrastructure solutions. In addition, the growing demand for fuel-efficient and advanced cranes is rapidly gaining popularity due to their cost-effective performance and a high level of safety....
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