DUBLIN, September 17, 2021--(BUSINESS WIRE)--The "Global Crawler Crane Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global crawler crane market attained a value of approximately USD 2062.3 million in 2020. Aided by constructional activities, the market is projected to further grow at a CAGR of 5.8% between 2021-2026 to reach nearly USD 2879.2 million by 2026.
The crawler industry is primarily being driven by the ability of cranes to lift heavy objects safely and economically. The rising number of infrastructural activities aided by government investments in developed and developing nations is augmenting market growth of the industry.
The expanding possibilities of crane technology and the introduction of new and advanced models for heavy industries is further bolstering the crawler crane industry. The deployment of crawler cranes in construction of major sustainable projects across the world is providing lucrative growth opportunities for the crawler crane industry.
The rising demand can be attributed to the ability of crawler cranes to lift heavy objects over long distances or at great heights, and to reach areas with extreme weather conditions. With rapid urbanisation, emerging economies like India and China are making huge investments on construction activities, improvement of road network and infrastructural activities. Therefore, the industrial growth can be attributed to the extensive applications of crawler cranes in construction activities.
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments of the key players in the industry.
Some of the major players in the market explored in the report are:
Sennebogen Erich Holding GmbH & Co. KG
The Manitowoc Company, Inc.
Link-Belt Cranes, L.P., LLLP
Kobe Steel, Ltd (Kobelco)
Kato Works Co., Ltd.
SANY Heavy Industry Co., Ltd.
Sumitomo Heavy Industries Construction Cranes Co., Ltd.
Key Topics Covered:
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Crawler Crane Market Analysis
9 Regional Analysis
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter's Five Forces Analysis
10.3 EMR's Key Indicators for Demand
10.4 EMR's Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
13 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/wcrctq
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