Despite the average performance of construction industry in 2016, predictions for the performance in 2017 remains positive.an positive growth of the associated industries is expected in the forthcoming years of the month. The global construction industry is anticipated to witness an annual growth rate, ranging between 5-10% in this year. The construction industry is a major end user of cranes, thus its performance has a notable impact on the growth of crane market. Though, the existing uncertainty in the global construction market could affect the demand for cranes in construction application, but the robust growth of automotive industry and steady revenue increment from mining are expected to fuel the growth of the global crane market. Global crane market is anticipated to witness noteworthy growth in developing parts of Asia Pacific, while a moderate growth will be foreseen in the America, Europe and the Middle East. Small sized equipment, affordable price, reliability and improved productivity will remain key concerns in the global crane market. The global crane market covers a vast number of products serving various requirements, including wheel mounted cranes, crawler cranes, side boom, straddle crane, railroad crane, and aerial cranes. These cranes are further bifurcated into telescopic, hydraulic, articulated etc.