Global Overhead Cranes Market Report By Type (Single Girder, Double Girder, Others), By Business Type (Original Equipment Manufacturers (OEM), Aftersales), By End User (Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

Name: Global Overhead Cranes Market Report
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SKU: Industrial Equipment
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ID:VMR11214064

April 2021

Report Formats: Electronic (PDF), MS EXCEL

The global overhead cranes market is experiencing new demand strides owing to urbanization, industrialization, and automation. Overhead cranes will gain more prominent roles in industries with continuing automation at the workplace. Industries are keyed specifically towards new autonomous tools. More and more work areas are automated with a heightened appetite for efficient and technology-led ways of handling workloads. Certain advancements in the design of overhead cranes and awareness will lead to broader acceptance of overhead cranes.

Global Overhead Cranes Market Share

DOUBLE GIRDER OVERHEAD CRANES DOMINATED WITH OVER 55% SHARE IN 2020.
Double girder cranes are used explicitly for heavy-duty applications where components are more complex. These are ideal for heavy loads and frequent operations. Double girder overhead cranes dominated the market on account of their superior features over single girder cranes. Double girder cranes offer greater efficiency, maximum span and capacity, extra strength, rigid torsion capability, and hook height, and special features such as operator cabs, walkways, and lights can be added and supported.

ASIA PACIFIC ACCOUNT FOR OVER 30% SHARE IN 2020.
The Asia Pacific accounted for the largest share in 2020, attributed to rapid transformation in industries and infrastructure. The region is projected to witness rapid growth due to growing investment, government support for expanding industries. As an influence of robust urbanization, there has been an increase in residential area construction. All of these are paving demand for overhead cranes.

PROMINENT PLAYERS IN THE MARKET:
Cargotec Corporation, Brehob Corporation, The Liebherr Group, Gorbel, Inc., KITO Corp., American Crane Norway A/S, D.R. Cordell & Associates, Inc., XCMG Group, Konecranes, Inc., ACE World Companies

The overhead cranes market was valued around $ 3825 million in 2021, growing at a CAGR of 5% from 2022 to 2028.

An overhead crane is equipment that lifts and moves heavy materials from one location to another in a precise manner. It consists of a hoist, the lifting component of a crane, and parallel runways with a traveling bridge spanning the gap. An overhead crane is designed and engineered for a specific purpose or application to suit a business’ material handling needs, including loading or unloading materials, moving materials around a facility, flipping or pulling parts in and out, feeding raw material into a machine, moving parts down an assembly line in a controlled fashion, and moving containers around a shipyard or railyard.

Market Dynamics

The global overhead cranes market is estimated to grow with rapid industrialization and urbanization. Rising automation within industries and a rise in governmental investment to develop infrastructure are projected to swell demand for overhead cranes. The growth is also supported by The Fourth Industrial Revolution. Industries are investing heavily in their facility to boost their working efficiency along with ensuring safety. Overhead cranes are amongst the prominent crane types due to their flexibility in lifting and ability to travel. Overhead cranes are mainly used in infrastructure development or construction projects such as buildings, bridges, airports, roadways, and other industrial, commercial, and residential projects. However, the high initial cost of overhead crane, the reliance on man power, and the absence of a skilled workforce for operating cranes are likely to restrain overhead crane market growth.

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 overhead cranes.

Market Segmentation

The entire Overhead Cranes market has been sub-categorized into type, business type, and end-user. 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

Single Girder
Double Girder
Others

By Business Type

Original Equipment Manufacturers (OEM)
Aftersales

By End User

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for overhead cranes 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 Overhead Cranes 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 overhead cranes market include Cargotec Corporation, Brehob Corporation, The Liebherr Group, Gorbel, Inc., KITO Corp., American Crane Norway A/S, D.R. Cordell & Associates, Inc., XCMG Group, Konecranes, Inc., ACE World Companies. 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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1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot

3 . OVERHEAD CRANES – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Business Type
           3.7.3 By End User
           3.7.4 By Region

4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis

6 . GLOBAL OVERHEAD CRANES MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Single Girder Market by Regions
       6.5 Double Girder Market by Regions
       6.6 Others Market by Regions

7 . GLOBAL OVERHEAD CRANES MARKET ANALYSIS BY BUSINESS TYPE
       7.1 Overview by Business Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Business Type
       7.4 Original Equipment Manufacturers (OEM) Market by Regions
       7.5 Aftersales Market by Regions

8 . GLOBAL OVERHEAD CRANES MARKET ANALYSIS BY END USER
       8.1 Overview by End User
       8.2 Historical and Forecast Data
       8.3 Analysis by End User
       8.4 Automotive Market by Regions
       8.5 Metal & Mining Market by Regions
       8.6 Paper Market by Regions
       8.7 Utility Market by Regions
       8.8 Aerospace Market by Regions
       8.9 Shipyards Market by Regions
       8.10. Others Market by Regions

9 . GLOBAL OVERHEAD CRANES MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa

10 . COMPETITIVE LANDSCAPE OF THE OVERHEAD CRANES COMPANIES
       10.1. Overhead Cranes Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments

11 . COMPANY PROFILES OF OVERHEAD CRANES INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Cargotec Corporation
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Brehob Corporation
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. The Liebherr Group
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Gorbel, Inc.
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. KITO Corp.
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. American Crane Norway A/S
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. D.R. Cordell & Associates, Inc.
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. XCMG Group
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Konecranes, Inc.
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. ACE World Companies
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Overhead Cranes Report
Market Research Process
Market Research Methodology
Global Overhead Cranes Market Size, by Region (USD MN)
Porters Five Forces Analysis
Market Attractiveness Analysis by Type
Market Attractiveness Analysis by Business Type
Market Attractiveness Analysis by End User
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Market Analysis by Type (USD MN)
Single Girder Market by Geography (USD MN)
Double Girder Market by Geography (USD MN)
Others Market by Geography (USD MN)
Global Market Analysis by Business Type (USD MN)
Original Equipment Manufacturers (OEM) Market by Geography (USD MN)
Aftersales Market by Geography (USD MN)
Global Market Analysis by End User (USD MN)
Automotive Market by Geography (USD MN)
Metal & Mining Market by Geography (USD MN)
Paper Market by Geography (USD MN)
Utility Market by Geography (USD MN)
Aerospace Market by Geography (USD MN)
Shipyards Market by Geography (USD MN)
Others Market by Geography (USD MN)
Global Market by Revenue
North America Market by Revenue
Europe Market by Revenue
Asia Pacific Market by Revenue
Latin America Market by Revenue
Middle East & Africa Market by Revenue
Recent Development in Industry
Company Market Share Analysis

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC

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Objectives of Study

Define and measure the global market
Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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