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Overhead Cranes Market Key Insights:

Overhead Cranes Market Revenue Analysis

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The Overhead Cranes Market size was valued at USD 5.24 Billion in 2023 and is expected to reach USD 8.68 Billion by 2032 and grow at a CAGR of 5.78% over the forecast period 2024-2032.

The Overhead Cranes Market has experienced substantial growth, driven by technological advancements, rising industrial demand, and increased automation in key sectors. Approximately 70% of cranes used in the market today are being integrated with IoT technologies and AI-driven systems to improve performance and maintenance scheduling, reducing downtime by up to 30%. The adoption of these smart systems is expected to grow as industries focus on predictive maintenance, energy savings, and overall efficiency. Electric overhead cranes are becoming increasingly popular, with a shift towards greener alternatives in line with stricter environmental regulations. Electric cranes now represent over 50% of the new cranes sold, reflecting an industry-wide trend towards sustainability. This shift not only helps in reducing operational costs but also contributes to significant reductions in carbon emissions.

Demand for compact and lighter cranes has also surged, particularly in regions with high-density industrial setups. Companies are now focusing on reducing the size of cranes by utilizing advanced materials like aluminum and carbon fiber, which offer the same lifting capacity with a reduced structural weight. This trend has driven new design innovations that are expected to further revolutionize the market. Furthermore, overhead crane systems are increasingly being integrated with other material handling equipment, such as conveyor belts and automated guided vehicles (AGVs), to enhance workflow in warehouses and manufacturing plants. This integration is part of a broader move towards digitalization, with many large facilities investing in centralized control systems that can monitor and optimize crane performance in real-time.

MARKET DYNAMICS

DRIVERS

  • The overhead cranes market is growing rapidly due to the rising demand for automation and smart technologies, driven by Industry 4.0 and digital transformation.

The overhead cranes market is experiencing significant growth driven by the increasing demand for automation and smart technologies, particularly with the rise of Industry 4.0 and digital transformation across industries. Automation technologies such as Internet of Things (IoT) sensors, AI-driven control systems, and predictive maintenance tools are revolutionizing crane operations by enhancing performance, reducing downtime, and optimizing workflow. These innovations enable industries to boost operational efficiency, improve safety, and minimize human intervention. Smart technologies allow cranes to adapt to changing environments, predict potential failures, and optimize load handling in real-time, further contributing to the rise in demand. As industries such as manufacturing, construction, and logistics adopt advanced solutions to meet the growing need for operational efficiency, overhead cranes with integrated smart technologies are becoming essential tools. Furthermore, the trend towards predictive maintenance is reducing long-term costs associated with repairs and unscheduled downtimes, adding to the appeal of technologically advanced cranes. This shift toward digitalized operations is not only enhancing productivity but is also helping industries achieve higher standards of precision and safety. Overall, the growing adoption of automation in manufacturing and material handling is fueling the expansion of the overhead cranes market, which is expected to continue growing as more sectors embrace smart, connected systems.

RESTRAIN

  • The overhead crane market faces growth challenges due to high initial installation and maintenance costs, particularly for SMEs.

The overhead crane market, while experiencing significant growth, faces a key restraint in the form of high initial installation and maintenance costs. These cranes are essential in industries such as manufacturing, construction, and logistics, but their adoption is hindered by the substantial upfront investment required for purchase, installation, and integration, especially for advanced models equipped with automation and smart features. For small and medium-sized enterprises (SMEs), this cost barrier can be prohibitive, limiting their ability to adopt these systems despite the potential productivity and efficiency benefits. Moreover, maintenance costs for these specialized cranes can be high, particularly for those used in heavy industries, which require frequent servicing and specialized parts. This ongoing expense further limits the affordability and accessibility of overhead cranes for many businesses. However, the market is seeing trends that aim to reduce these barriers, such as the development of cost-effective, modular crane systems, and advancements in predictive maintenance technology, which can reduce downtime and maintenance costs over time. Despite the initial financial challenges, the overhead crane market continues to grow, driven by technological innovations, increased automation, and the rising demand for efficient material handling solutions across industries.

KEY SEGMENTATION

By Type

Bridge cranes segment dominated with the market share over 37% in 2023, due to their high versatility and broad applications across various industries. They are designed to move heavy loads over large areas, making them ideal for complex lifting tasks in industries like construction, automotive, manufacturing, and shipping. The ability of bridge cranes to span vast workspaces and provide precise load handling boosts their demand, especially in heavy-duty environments. Their robust structure and high capacity for lifting heavy materials make them essential for operations requiring large-scale, efficient lifting solutions. Furthermore, the adaptability of bridge cranes in different industrial settings whether for lifting raw materials, assembling components, or loading goods further increases their popularity.

By Lifting Capacity

The Up to 5 Ton segment dominated with the market share over 42% in 2023, due to its widespread adoption across various industries. Cranes with a lifting capacity of up to 5 tons are commonly used in manufacturing, warehouses, and logistics, where they handle lighter loads and offer efficient lifting solutions for routine operations. These cranes are ideal for tasks such as material handling, assembly, and moving small equipment, making them essential in many sectors. The popularity of this segment is also driven by their cost-effectiveness, as they are less expensive to purchase, operate, and maintain compared to higher-capacity cranes. Furthermore, they cater to a broad range of applications, from small-scale manufacturing units to large distribution centers, offering versatility and ease of use.

KEY REGIONAL ANALYSIS

Asia-Pacific region dominated with the market share over 36% in 2023. This dominance is driven by the rapid industrialization in countries like China, India, Japan, and South Korea, where manufacturing and construction sectors are flourishing. The region’s extensive infrastructure development, including the expansion of ports, logistics, and warehouses, has led to an increased demand for overhead cranes for efficient material handling and lifting operations. Additionally, the presence of key crane manufacturers in Asia-Pacific, coupled with affordable production costs, has made the region a major hub for both production and consumption.

North America is witnessing the fastest growth in the overhead cranes market, driven by the surge in industrial activities, including automotive manufacturing, aerospace, and construction. In the United States and Canada, key industries are increasingly adopting automated overhead cranes to improve efficiency and safety in material handling. With technological advancements in crane systems, such as smart sensors and IoT connectivity, North America is moving toward more sophisticated, energy-efficient solutions. The region is also experiencing a shift towards modernization and retrofitting of existing crane systems to enhance performance and reduce downtime.

Overhead-Cranes-Market-Regional-Share

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Some of the major key players of Overhead Cranes Market

  • ABUS Kransysteme GmbH (Overhead cranes, workstation cranes, gantry cranes)

  • Columbus McKinnon Corporation (CMCO) (Electric hoists, cranes, lifting and rigging products)

  • EMH, Inc. (Overhead cranes, bridge cranes, custom lifting solutions)

  • GH Cranes & Components (Industrial cranes, overhead cranes, hoists)

  • Gorbel Cranes (Workstation cranes, overhead cranes, jib cranes)

  • Kito Corporation (Electric hoists, manual hoists, overhead cranes)

  • Konecranes Plc (Overhead cranes, lifting equipment, container handling solutions)

  • Ralf Teichmann GmbH (Overhead cranes, hoists, lifting equipment)

  • Sumitomo Heavy Industries Material Handling Systems Co., Ltd. (Overhead cranes, gantry cranes, electric hoists)

  • Weihua Group (Overhead cranes, gantry cranes, hoists, lifting equipment)

  • Terex Corporation (Overhead cranes, gantry cranes, lifting and material handling solutions)

  • Liebherr Group (Cranes, lifting equipment, crawler cranes)

  • Jaso Industrial Cranes (Overhead cranes, bridge cranes, gantry cranes)

  • Sany Group (Overhead cranes, gantry cranes, industrial lifting equipment)

  • Cargotec Corporation (Crane solutions, lifting solutions, container handling cranes)

  • Dongqi Crane (Overhead cranes, gantry cranes, jib cranes, hoists)

  • DHS Crane (Custom overhead cranes, lifting and material handling systems)

  • ZPMC (Shanghai Zhenhua Heavy Industries Co.) (Overhead cranes, gantry cranes, container cranes)

  • Demag Cranes & Components (Overhead cranes, hoists, lifting solutions)

  • Faymonville (Modular trailers, overhead lifting equipment, cranes)

Suppliers leading in automated and smart crane solutions with a focus on reliability and efficiency overhead cranes market

  • Konecranes

  • Demag Cranes & Components (part of Terex Corporation)

  • MHE-Demag

  • Jaso Industrial Cranes

  • Street Crane

  • Gorbel

  • Schneider Electric

  • Nucleon (Xinxiang) Crane Co., Ltd.

  • ABUS Crane Systems

  • Cranes & Hoists (United Crane & Rigging)

RECENT DEVELOPMENTS

  • In August 2024: Konecranes unveiled the Konecranes X-series industrial crane, a successor to the popular CXT model. Featuring a compact design, advanced technology, and lifting capacities up to 20 tons, the X-series is designed to enhance industrial lifting with improved efficiency and operator experience, including wireless upgrades, ergonomic radio controls, and low headroom hoists, all while reducing environmental impact.

  • In September 2023: Engineered Material Handling (EMH) introduced a single-leg semi-gantry crane to optimize overhead crane usage. With a 10-ton capacity, its poly wheel design eliminates the need for floor rails, reducing costs and enhancing floor safety.

Overhead Cranes Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 5.24 Billion 
Market Size by 2032 USD 8.68 Billion 
CAGR CAGR of 5.78% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Gantry Cranes, Jib Cranes, Bridge Cranes, Others)
• By Lifting Capacity (Up to 5 Ton, 6-10 Ton, 11-50 Ton, More Than 50 Ton)
• By End Use Industry (Manufacturing, Automotive and Transportation, Construction, Metal and Mining, Power and Utilities, Ports and Shipyards, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles ABUS Kransysteme GmbH, Columbus McKinnon Corporation (CMCO), EMH, Inc., GH Cranes & Components, Gorbel Cranes, Kito Corporation, Konecranes Plc, Ralf Teichmann GmbH, Sumitomo Heavy Industries Material Handling Systems Co., Ltd., Weihua Group, Terex Corporation, Liebherr Group, Jaso Industrial Cranes, Sany Group, Cargotec Corporation, Dongqi Crane, DHS Crane, ZPMC (Shanghai Zhenhua Heavy Industries Co.), Demag Cranes & Components, Faymonville.
Key Drivers • The overhead cranes market is growing rapidly due to the rising demand for automation and smart technologies, driven by Industry 4.0 and digital transformation.
RESTRAINTS • The overhead crane market faces growth challenges due to high initial installation and maintenance costs, particularly for SMEs.

Frequently Asked Questions

Ans:  The Overhead Cranes Market is expected to grow at a CAGR of 5.78% during 2024-2032.

Ans: The Overhead Cranes Market is expected to Reach USD 8.68 Billion by 2032.

Ans: The overhead cranes market is growing rapidly due to the rising demand for automation and smart technologies, driven by Industry 4.0 and digital transformation.

Ans: The “Bridge cranes” segment dominated the Overhead Cranes Market.

Ans: Asia-Pacific dominated the Overhead Cranes Market in 2023.

TABLE OF CONTENTS

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics

4.1 Market Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Manufacturing Output, by Region, (2020-2023)

5.2 Utilization Rates, by Region, (2020-2023)

5.3 Maintenance and Downtime Metrix

5.4 Technological Adoption Rates, by Region

5.5 Export/Import Data, by Region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and Supply Chain Strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Overhead Cranes Market Segmentation, By Type

7.1 Chapter Overview

7.2 Gantry Cranes

7.1 Gantry Cranes Market Trends Analysis (2020-2032)

7.2 Gantry Cranes Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Jib Cranes

7.3.1 Jib Cranes Market Trends Analysis (2020-2032)

7.3.2 Jib Cranes Market Size Estimates and Forecasts to 2032 (USD Billion)

7.4 Bridge Cranes

7.4.1 Bridge Cranes Market Trends Analysis (2020-2032)

7.4.2 Bridge Cranes Market Size Estimates and Forecasts to 2032 (USD Billion)

7.5 Others

7.5.1 Others Market Trends Analysis (2020-2032)

7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Overhead Cranes Market Segmentation, By Lifting Capacity

8.1 Chapter Overview

8.2 Up to 5 Ton

8.2.1 Up to 5 Ton Market Trends Analysis (2020-2032)

8.2.2 Up to 5 Ton Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 6-10 Ton

8.3.1 6-10 Ton Market Trends Analysis (2020-2032)

8.3.2 6-10 Ton Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 11-50 Ton

8.4.1 11-50 Ton Market Trends Analysis (2020-2032)

8.4.2 11-50 Ton Size Estimates and Forecasts to 2032 (USD Billion)

8.5 More Than 50 Ton

8.5.1 More Than 50 Ton Market Trends Analysis (2020-2032)

8.5.2 More Than 50 Ton Market Estimates and Forecasts to 2032 (USD Billion)

9. Overhead Cranes Market Segmentation, By End Use Industry

9.1 Chapter Overview

9.2 Manufacturing

9.2.1 Manufacturing Market Trends Analysis (2020-2032)

9.2.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)

9.3 Automotive and Transportation

9.3.1 Automotive and Transportation Market Trends Analysis (2020-2032)

9.3.2 Automotive and Transportation Market Size Estimates and Forecasts to 2032 (USD Billion)

9.4 Construction

9.4.1 Construction Market Trends Analysis (2020-2032)

9.4.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)

9.5 Metal and Mining

9.5.1 Metal and Mining Market Trends Analysis (2020-2032)

9.5.2 Metal and Mining Market Size Estimates and Forecasts to 2032 (USD Billion)

9.6 Power and Utilities

9.6.1 Power and Utilities Market Trends Analysis (2020-2032)

9.6.2 Power and Utilities Market Size Estimates and Forecasts to 2032 (USD Billion)

9.7 Ports and Shipyards

9.7.1 Ports and Shipyards Market Trends Analysis (2020-2032)

9.7.2 Ports and Shipyards Market Size Estimates and Forecasts to 2032 (USD Billion)

9.8 Others

9.8.1 Others Market Trends Analysis (2020-2032)

9.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.2.3 North America Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.2.4 North America Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.2.5 North America Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.2.6 USA

10.2.6.1 USA Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.6.2 USA Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.2.6.3 USA Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.2.7 Canada

10.2.7.1 Canada Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.7.2 Canada Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.2.7.3 Canada Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.2.8 Mexico

10.2.8.1 Mexico Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.8.2 Mexico Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.2.8.3 Mexico Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.1.3 Eastern Europe Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.3.1.4 Eastern Europe Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.5 Eastern Europe Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.1.6 Poland

10.3.1.6.1 Poland Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.6.2 Poland Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.6.3 Poland Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.1.7 Romania

10.3.1.7.1 Romania Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.7.2 Romania Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.7.3 Romania Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.8.2 Hungary Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.8.3 Hungary Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.1.9 Turkey

10.3.1.9.1 Turkey Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.9.2 Turkey Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.9.3 Turkey Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.10.2 Rest of Eastern Europe Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.1.10.3 Rest of Eastern Europe Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.2.3 Western Europe Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.3.2.4 Western Europe Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.5 Western Europe Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.6 Germany

10.3.2.6.1 Germany Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.6.2 Germany Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.6.3 Germany Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.7 France

10.3.2.7.1 France Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.7.2 France Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.7.3 France Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.8 UK

10.3.2.8.1 UK Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.8.2 UK Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.8.3 UK Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.9 Italy

10.3.2.9.1 Italy Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.9.2 Italy Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.9.3 Italy Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.10 Spain

10.3.2.10.1 Spain Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.10.2 Spain Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.10.3 Spain Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.11.2 Netherlands Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.11.3 Netherlands Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.12.2 Switzerland Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.12.3 Switzerland Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.13 Austria

10.3.2.13.1 Austria Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.13.2 Austria Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.13.3 Austria Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.14.2 Rest of Western Europe Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.3.2.14.3 Rest of Western Europe Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4 Asia-Pacific

10.4.1 Trends Analysis

10.4.2 Asia-Pacific Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.4.3 Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.4.4 Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.5 Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.6 China

10.4.6.1 China Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.6.2 China Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.6.3 China Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.7 India

10.4.7.1 India Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.7.2 India Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.7.3 India Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.8 Japan

10.4.8.1 Japan Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.8.2 Japan Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.8.3 Japan Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.9 South Korea

10.4.9.1 South Korea Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.9.2 South Korea Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.9.3 South Korea Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.10 Vietnam

10.4.10.1 Vietnam Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.10.2 Vietnam Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.10.3 Vietnam Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.11 Singapore

10.4.11.1 Singapore Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.11.2 Singapore Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.11.3 Singapore Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.12 Australia

10.4.12.1 Australia Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.12.2 Australia Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.12.3 Australia Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.4.13 Rest of Asia-Pacific

10.4.13.1 Rest of Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.13.2 Rest of Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.4.13.3 Rest of Asia-Pacific Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.1.3 Middle East Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.5.1.4 Middle East Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.5 Middle East Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.1.6 UAE

10.5.1.6.1 UAE Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.6.2 UAE Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.6.3 UAE Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.7.2 Egypt Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.7.3 Egypt Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.8.2 Saudi Arabia Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.8.3 Saudi Arabia Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.9.2 Qatar Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.9.3 Qatar Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.10.2 Rest of Middle East Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.1.10.3 Rest of Middle East Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.2.3 Africa Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.5.2.4 Africa Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.2.5 Africa Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.6.2 South Africa Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.2.6.3 South Africa Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.7.2 Nigeria Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.2.7.3 Nigeria Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.8.2 Rest of Africa Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.5.2.8.3 Rest of Africa Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Overhead Cranes Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.6.3 Latin America Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion) 

10.6.4 Latin America Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.6.5 Latin America Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.6.6 Brazil

10.6.6.1 Brazil Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.6.2 Brazil Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.6.6.3 Brazil Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.6.7 Argentina

10.6.7.1 Argentina Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.7.2 Argentina Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.6.7.3 Argentina Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.6.8 Colombia

10.6.8.1 Colombia Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.8.2 Colombia Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.6.8.3 Colombia Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Overhead Cranes Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.9.2 Rest of Latin America Overhead Cranes Market Estimates and Forecasts, By Lifting Capacity (2020-2032) (USD Billion)

10.6.9.3 Rest of Latin America Overhead Cranes Market Estimates and Forecasts, By End Use Industry (2020-2032) (USD Billion)

11. Company Profiles

11.1 ABUS Kransysteme GmbH

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Columbus McKinnon Corporation (CMCO)

             11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 EMH, Inc.

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 GH Cranes & Components

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Gorbel Cranes

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 Kito Corporation

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Konecranes Plc

             11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Ralf Teichmann GmbH

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Sumitomo Heavy Industries Material Handling Systems Co., Ltd.

             11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Weihua Group

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segmentation

By Type

  • Gantry Cranes

  • Jib Cranes

  • Bridge Cranes

  • Others

By Lifting Capacity

  • Up to 5 Ton

  • 6-10 Ton

  • 11-50 Ton

  • More Than 50 Ton

By End Use Industry

  • Manufacturing

  • Automotive and Transportation

  • Construction

  • Metal and Mining

  • Power and Utilities

  • Ports and Shipyards

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

Detailed analysis and profiling of additional market players (Up to five)


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

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