Global Sales Of Crawler Cranes Industry Will Ascend To Surpass Us$ 4 Bn Expanding With 1.8x Until 2031| Fact.MR study

Crawler Cranes Market

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“Extensive reliance on wind energy as a prominent power source is generating new application avenues for crawler cranes, as new infrastructure projects for constructing windfarms gain momentum,” says the Fact.MR analyst.

Key players of the Crawler Cranes Market

– Tadano Ltd. – Zoomlion Heavy Industry Science and Technology Co. Ltd. – XCMG Construction Machinery Co. Ltd. – Sany Heavy Industry Co. Ltd. – KATO WORKS CO. LTD., – Kobelco Construction – Machinery Co. Ltd. – Hitachi Sumitomo Heavy Industries Construction Crane Co. Ltd. – The Manitowoc Company Inc

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Key Takeaways from the Market Study

– Global crawler cranes demand to expand 1.8x from 2021 to 2031 – By boom type, telescope boom cranes likely to surge at 7% CAGR through 2031 – Construction to remain key end use industry, accounting for 60% of global demand – U.S to emerge as an opportunistic market, accounting for over 2/5th of total sales – Extensive infrastructure development projects to push crawler cranes demand in Europe at a CAGR of 6%

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