Boston, MA -- (SBWIRE) -- 08/04/2015 -- 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.

View Full Report Details and Table of Contents

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?

Companies Mentioned in this Report: Guangxi LiuGong Machinery, Sany Group, XCMG Group, Zoomlion Heavy Industry Science & Technology Development, Manitowo, Terex

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