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Global Crawler Crane Market: By Capacity: Below 50 Metric Tons, 50 To 250 Metric Tons, 251 To 450 Metric Tons, More than 450 Metric Tons; By Application: Construction and Mining, Transport, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Crawler Crane Market Outlook
The global crawler crane market is expected to grow at a CAGR of 7.5% in the forecast period of 2021-2026.
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Increasing Applications of Crawler Crane in the Construction and Mining Sector to Bolster the Growth of the Crawler Crane Industry
Based on application, the construction and mining segment accounts for the largest share in the market and is likely to remain dominant in the forecast period as well. This can be attributed to the rising demand for multipurpose crawler cranes, which are capable of lifting heavy equipment for commercial and residential projects, coupled with the increasing mining activities in the developing economies. Meanwhile, the utility segment accounts for a significant share, owing to the extensive use of cranes in power, utility, and oil and gas projects. The rising demand for cranes available on rent for carrying out manufacturing, power, and transportation projects is likely to bolster the market further.
The Asia Pacific Accounts for a Significant Share in the Market
Region-wise, the Asia Pacific accounts for a significant share in the global crawler crane industry. The rising construction activities, improvement of road networks and growing investment in new infrastructure projects in emerging economies like China and India are expected to propel the demand for crawler cranes in the Asia Pacific. The rising demand can be attributed to the ability of crawler cranes to lift extremely heavy objects safely and economically. The market is projected to be further propelled by the facilitation of government plans to enhance manufacturing and improving infrastructure in the region.
Crawler Crane: Industry Definition and Segmentation
A crawler crane is defined as a versatile class of multipurpose lifting equipment that consists of an upper carriage mounted on an under-carriage. The upper deck and attachments rotate 360º. A crawler crane has the ability to lift extremely heavy objects with safety.
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Based on capacity, the market is divided into:
- Below 50 Metric Tons
- 50 to 250 Metric Tons
- 251 to 450 Metric Tons
- More than 450 Metric Tons
On the basis of application, the industry is segmented into:
- Construction and Mining
- Transport
- Oil and Gas
- Utility
- Manufacturing
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Technological Advancements in Cranes and the Cost-Effectiveness of the Product to Boost the Growth of the Crawler Crane Industry
The global crawler crane industry is being driven by the product’s cost-effectiveness, reliability, and the introduction of technologically advanced features. The expanding possibilities of crane technology and the introduction of new and advanced models for heavy industries are likely to propel the market growth in the forecast period. The emergence of manufacturing companies and rising infrastructure developments in the developing economies are likely to surge the sales of crawler cranes in the forecast period.
Key Industry Players in the Global Crawler Crane Market
The report gives a detailed analysis of the following key players in the global crawler crane market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Böcker Maschinenwerke GmbH
- Escorts Limited
- Effer S.P.A
- The Manitowoc Company, Inc.
- XCMG Group
- Liebherr-International Deutschland GmbH
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Crawler Crane Market Analysis
8.1 Key Industry Highlights
8.2 Global Crawler Crane Historical Market (2016-2020)
8.3 Global Crawler Crane Market Forecast (2021-2026)
8.4 Global Crawler Crane Market by Capacity
8.4.1 Below 50 Metric Tons
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 50 To 250 Metric Tons
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 251 To 450 Metric Tons
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 More than 450 Metric Tons
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.5 Global Crawler Crane Market by Application
8.5.1 Construction and Mining
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Transport
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Oil and Gas
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Utility
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Manufacturing
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Others
8.6 Global Crawler Crane Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Böcker Maschinenwerke GmbH
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Escorts Limited
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Effer S.P.A.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 The Manitowoc Company, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 XCMG Group
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Liebherr-International Deutschland GmbH
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Crawler Crane Market: Key Industry Highlights, 2016 and 2026
2. Global Crawler Crane Historical Market: Breakup by Capacity (USD Billion), 2016-2020
3. Global Crawler Crane Market Forecast: Breakup by Capacity (USD Billion), 2021-2026
4. Global Crawler Crane Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Crawler Crane Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Crawler Crane Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Crawler Crane Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Crawler Crane Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Crawler Crane Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Crawler Crane Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Crawler Crane Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Crawler Crane Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Crawler Crane Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Crawler Crane Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Crawler Crane Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Crawler Crane Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Crawler Crane Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Crawler Crane Market Structure
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