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Los Angeles, CA -- (SBWIRE) -- 07/05/2019 -- Mobile crane means a lifting device incorporating a cable suspended latticed boom or hydraulic telescopic boom designed to be moved between operating locations by transport over the road.
The most basic type of mobile crane consists of a steel truss or telescopic boom mounted on a mobile platform, which may be rail, wheeled (including "truck" carriers) or caterpillar tracks. The boom is hinged at the bottom, and can be raised and lowered by cables or by hydraulic cylinders.
In this report, we mention the mobile crane including rough-terrain crane, all-terrain crane and truck crane, do not include crawler crane.
For industry structure analysis, the Mobile Crane industry is not that concentrated. Liebherr, Tadano, Terex and XCMG are famous in the industry for the wonderful performance of products and satisfactory service. But the market competition is getting fierce, with growing number of manufacturers entering the market; especially several Chinese manufacturers those have cost advantages.
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Regionally, China is the largest production and sales area of Mobile Crane. In 2016, the sales volume of Mobile Crane was estimated at about 19.3 K Units, which was about 50% of the global total sales volume. Europe and North America are also the main sales regions of Mobile Crane. While the market growth rate in developed countries is slow, the market in India and some other developing countries are promising, with remarkable market growth rate.
Worldwide, the production of Mobile Crane decreases from 64584 Units in 2012 to 39306 Units in 2016, mainly affected by the weak downstream market. But it is forecasted that the global production volume will rises to 44702 Units by the end of 2022.
For price trend analysis, a key variable in the performance of Mobile Crane producers is components and raw material costs, specifically the speed at which any increase can be passed through to customers.
The global Mobile Crane revenue is forecasted to recovery. We tend to believe that this industry still has a bright future, considering the current demand of Mobile Crane driven by urbanization in developing countries. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The global Mobile Crane market is valued at 8930 million US$ in 2018 is expected to reach 9590 million US$ by the end of 2025, growing at a CAGR of 0.9% during 2019-2025.
This report focuses on Mobile Crane volume and value at global level, regional level and company level. From a global perspective, this report represents overall Mobile Crane market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
This report includes the following manufacturers; we can also add the other companies as you want.
Liebherr
Tadano
Manitowoc
XCMG
Terex
Zoomlion
Sany
kobelco crane
Hitachi Sumitomo
Furukawa UNIC
Sichuan Changjiang
Altec Industries
Action Construction Equipment
Elliott Equipment
Escorts Group
Liugong
Böcker Maschinenwerke
liaoning fuwa
Manitex
Broderson
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