Market Overview:
The global electric overhead traveling cranes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric overhead traveling cranes from various end-use industries, such as factories and plants, warehouses, and others. Additionally, the growing demand for technologically advanced electric overhead traveling cranes is also contributing to the growth of this market.
Product Definition:
Electric overhead traveling cranes (EOTCs) are a type of industrial crane that utilizes electricity to help lift and move materials. They are often used in factories, warehouses, and other industrial settings where large or heavy objects need to be moved around. EOTCs can be configured in many different ways, but typically consist of a metal frame that is mounted on rails or tracks. An electric motor powers the crane's lifting mechanism, which can be used to raise and lower objects as needed.
Single Girder EOT Crane:
Single Girder EOT Crane is a kind of crane used for lifting heavy loads over head at one time. It has advantages such as low operating costs, easy handling and transportation, and simple maintenance. The single girders are widely used in the construction industry for material handling applications due to their high strength which helps them to work effectively on uneven surfaces making them an ideal choice among contractors and building owners.
The global overhead traveling cranes market was valued at USD 8.
Double Girder EOT Crane:
Double Girder EOT Crane is a type of Cranes used for lifting heavy loads over head at distances. It has two main beams, each supporting a load between its legs. The double-girder crane can be used to lift almost any kind of goods; it is not limited to industrial materials only.
The global Double Girder EOT Crane.
Application Insights:
The others application segment includes construction sites, sports grounds, airfields and harbors. Electric overhead traveling cranes are widely used at construction sites for lifting heavy equipment and materials. The product is also used at airports to load and unload passengers' baggage as well as freight on aircraft. They are employed in warehouses to move heavy goods into position for storage or shipment.
Factories & plants were the largest revenue generating segment in 2017 owing to increasing steel production across the globe including China, India and Brazil which has resulted in increased demand for logistics services such as warehousing & distribution resulting in higher utilization of EOTCs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. Increasing industrialization coupled with rapid urbanization has resulted in a growing demand for industrial infrastructure across Asia Pacific. This factor will support regional growth during the forecast period.
The Middle East & Africa region is anticipated to witness significant growth over the next eight years owing to increasing government investments in transport infrastructure development across countries such as Saudi Arabia and UAE.
Growth Factors:
- Increasing demand for electric overhead traveling cranes from the construction and manufacturing industries as they offer high efficiency and productivity.
- Growing popularity of electric overhead traveling cranes among small-scale businesses due to their low cost of ownership and easy installation process.
- Rising demand for electric overhead traveling cranes in the shipping and logistics industry as they help improve material handling operations.
- Technological advancements in electric overhead travelling crane design that offer improved safety, performance, and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Overhead Traveling Cranes Market Research Report
By Type
Single Girder EOT Crane, Double Girder EOT Crane
By Application
Factory & Plant, Warehouse, Others
By Companies
Konecranes (Demag), KITO GROUP, ABUS, GH Crane & Components, Deshazo, Gorbel, Eilbeck Cranes, ZPMC, Jinrui, Weihua, Henan Mine, Unique Industrial Handlers, K2 Cranes, Unicon Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Electric Overhead Traveling Cranes Market Report Segments:
The global Electric Overhead Traveling Cranes market is segmented on the basis of:
Types
Single Girder EOT Crane, Double Girder EOT Crane
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Factory & Plant, Warehouse, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Konecranes (Demag)
- KITO GROUP
- ABUS
- GH Crane & Components
- Deshazo
- Gorbel
- Eilbeck Cranes
- ZPMC
- Jinrui
- Weihua
- Henan Mine
- Unique Industrial Handlers
- K2 Cranes
- Unicon Technology
Highlights of The Electric Overhead Traveling Cranes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Girder EOT Crane
- Double Girder EOT Crane
- By Application:
- Factory & Plant
- Warehouse
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Overhead Traveling Cranes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric overhead traveling cranes are a type of crane that uses electricity to move its arm and load. They are used for moving large objects, such as building materials or equipment.
Some of the key players operating in the electric overhead traveling cranes market are Konecranes (Demag), KITO GROUP, ABUS, GH Crane & Components, Deshazo, Gorbel, Eilbeck Cranes, ZPMC, Jinrui, Weihua, Henan Mine, Unique Industrial Handlers, K2 Cranes, Unicon Technology.
The electric overhead traveling cranes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Overhead Traveling Cranes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Overhead Traveling Cranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Overhead Traveling Cranes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Overhead Traveling Cranes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Overhead Traveling Cranes Market Size & Forecast, 2018-2028
4.5.1 Electric Overhead Traveling Cranes Market Size and Y-o-Y Growth
4.5.2 Electric Overhead Traveling Cranes Market Absolute $ Opportunity
Chapter 5 Global Electric Overhead Traveling Cranes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Overhead Traveling Cranes Market Size Forecast by Type
5.2.1 Single Girder EOT Crane
5.2.2 Double Girder EOT Crane
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Overhead Traveling Cranes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Overhead Traveling Cranes Market Size Forecast by Applications
6.2.1 Factory & Plant
6.2.2 Warehouse
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Overhead Traveling Cranes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Overhead Traveling Cranes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Overhead Traveling Cranes Analysis and Forecast
9.1 Introduction
9.2 North America Electric Overhead Traveling Cranes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Overhead Traveling Cranes Market Size Forecast by Type
9.6.1 Single Girder EOT Crane
9.6.2 Double Girder EOT Crane
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Overhead Traveling Cranes Market Size Forecast by Applications
9.10.1 Factory & Plant
9.10.2 Warehouse
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Overhead Traveling Cranes Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Overhead Traveling Cranes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Overhead Traveling Cranes Market Size Forecast by Type
10.6.1 Single Girder EOT Crane
10.6.2 Double Girder EOT Crane
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Overhead Traveling Cranes Market Size Forecast by Applications
10.10.1 Factory & Plant
10.10.2 Warehouse
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Overhead Traveling Cranes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Overhead Traveling Cranes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Overhead Traveling Cranes Market Size Forecast by Type
11.6.1 Single Girder EOT Crane
11.6.2 Double Girder EOT Crane
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Overhead Traveling Cranes Market Size Forecast by Applications
11.10.1 Factory & Plant
11.10.2 Warehouse
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Overhead Traveling Cranes Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Overhead Traveling Cranes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Overhead Traveling Cranes Market Size Forecast by Type
12.6.1 Single Girder EOT Crane
12.6.2 Double Girder EOT Crane
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Overhead Traveling Cranes Market Size Forecast by Applications
12.10.1 Factory & Plant
12.10.2 Warehouse
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Overhead Traveling Cranes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Overhead Traveling Cranes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Overhead Traveling Cranes Market Size Forecast by Type
13.6.1 Single Girder EOT Crane
13.6.2 Double Girder EOT Crane
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Overhead Traveling Cranes Market Size Forecast by Applications
13.10.1 Factory & Plant
13.10.2 Warehouse
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Overhead Traveling Cranes Market: Competitive Dashboard
14.2 Global Electric Overhead Traveling Cranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Konecranes (Demag)
14.3.2 KITO GROUP
14.3.3 ABUS
14.3.4 GH Crane & Components
14.3.5 Deshazo
14.3.6 Gorbel
14.3.7 Eilbeck Cranes
14.3.8 ZPMC
14.3.9 Jinrui
14.3.10 Weihua
14.3.11 Henan Mine
14.3.12 Unique Industrial Handlers
14.3.13 K2 Cranes
14.3.14 Unicon Technology
