About mobile cranes
Mobile cranes are cable-controlled or hydraulic-powered cranes, mounted on a rubber-tired or crawler carrier. They are designed to lift and transport various types of loads. These cranes can be powered by electric motors or internal combustion engines.
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The global mobile crane market is one of the fastest growing segments in the material handling equipment market as a result of increase in urban infrastructure and residential construction projects.
The market is driven by many growth factors, one of which is increased investment in development of smart cities. Growing population and migration of people to urban areas has led to an increase in demand for new cities with efficient transport infrastructure facilities, which has led to a significant rise in the number of urban infrastructure projects across the globe. This has escalated the demand for mobile cranes. Also, increased investments in power plant construction is another factor that will help the growth of the global mobile crane market.
Further, fleet management services provided by mobile crane vendors is also triggering demand for cranes. Fleet management services enable procurement of real-time information pertaining to operation and fuel consumption of cranes, which helps improve productivity.
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?
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