The global demand for Fixed Crane Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Fixed crane, as the name indicates, is fixed to the ground and is commonly observed as a standard installation at most construction sites. Fixed cranes are highly stable and are attached strongly to the ground. They are capable of lifting relatively larger or heavy loads and reach to the substantial heights. There are various types of fixed cranes, such s tower cranes, overhead cranes, self-erecting cranes, loader, gantry cranes, hammerhead cranes, and others. These cranes are generally used at construction sites, power and energy utility sites, shipbuilding sites, mining, and oil and gas exploration sites.
Market Dynamics
The factors such as increasing construction activities, increasing shipbuilding activities, growing oil and gas exploration to meet energy demand, and growing mining activities are driving the global fixed crane market. Moreover, factors such as growing usage of rental equipment services, and increasing government initiatives for infrastructure development further boost the market. However, the COVID-19 pandemic is expected to cause some hindrances to the global fixed crane market. The real estate industry is at a standstill due to the global crisis, and many oil and gas companies have stopped there oil and gas exploration due to a slump in oil prices.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of fixed crane.
Market Segmentation
The entire fixed crane market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Overhead Crane
- Tower Crane
- Others
By Application
- Construction
- Oil & Gas
- Ship Building
- Power & Utilities
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for fixed crane market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Fixed Crane Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fixed crane market include Weihua Overseas Business Co., Ltd., Sarens n.v./s.a., Manitowoc, Terex Corporation, Sany Group, Zoomlion Heavy Industry Science & Technology Co., Ltd., XCMG Group, GORBEL INC., GH Cranes & Components, EMH, Inc., ABUS Kransysteme GmbH, KITO Corp., Columbus McKinnon Corporation, Favelle Favco Berhad. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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