Automotive and Transportation

Crane Market in China 2015-2019

  • TEC330718
  • 52 Pages
  • September 2015
  • Automotive and Transportation
About cranes
Cranes can be broadly categorized as truck cranes, all-terrain cranes, crawler cranes, and tire cranes based on various factors such as load lifting capacity, lift height, and range.

Increased investment in infrastructure across major cities, such as Shanghai and Beijing is expected to drive the demand for large-scale construction projects during the forecast period. Additionally, growing population has led to a rise in the demand for residential, commercial, and industrial buildings, which has led to a rise in construction activity, resulting in increased adoption of cranes in China.

Technavio analysts forecast the crane market in China to grow at a CAGR of 15.67% over the period 2014-2019.

Covered in this report
The report includes the present scenario and the growth prospects of the crane market in China for the period 2015-2019.

Technavio's report, Crane Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the crane market in China and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key vendors
Jinan Dongyue Tower Crane Manufacture
Liugong
Sany
XCMG
Zoomlion

Other prominent vendors
Broderson Manufacturing
Favelle Favco
FuWa
Kato works
Kobelco Cranes
Link-Belt Construction
Manitowoc

Market driver
Rapid urbanization
For a full, detailed list, view our report

Market challenge
High maintenance costs
For a full, detailed list, view our report

Market trend
Growth of rental equipment business
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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