Market Overview:
The global hammerhead tower cranes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for construction and infrastructure development activities across the globe. Additionally, the growing urbanization and industrialization are also propelling the demand for hammerhead tower cranes in various applications such as dam building, bridge building, shipyards, power plants and high rise buildings. Based on type, the global hammerhead tower cranes market is segmented into max. load capacity < 30t, max. load capacity 30-50t and max. load capacity > 50t segments respectively.
Product Definition:
A hammerhead tower crane is a type of tower crane that has a projecting arm or "hammer" on top of its mast. This arm can be used to lift material up and away from the base of the crane, allowing it to reach farther objects. Hammerhead tower cranes are often used in construction projects where there is a lot of space between the ground and the object being lifted.
Max. Load Capacity < 30t:
The Max. Load Capacity is the weight of materials that a crane can lift at one time. It's important to know because cranes have a maximum lifting capacity and it depends on the type of crane, i.e., fixed bridge or road, off-highway vehicles (trailers), etc. The usage factor also varies according to applications such as construction & mining equipment, material handling equipment (MHE), etc.
Max. Load Capacity 30-50t:
The max. load capacity of 30-50t is used in hammerhead tower cranes market. It depends upon the weight of materials and other equipment that are to be lifted during construction or demolition work.
Application Insights:
The application segment includes dam building, bridge building, shipyards, power plants and high rise buildings. The demand for hammerhead tower crane is expected to increase at a significant rate in the shipyards and high rise buildings segments over the forecast period owing to their ability to load & unload vessels & containers efficiently. These machines are also used in bridge building as they can support heavy loads above their head which enables them to span greater distances.
The Latin America market for hammerhead tower cranes is expected witness substantial growth on account of increasing infrastructure spending by various governments across the region coupled with growing industrialization activities that require extensive use of these machines at seaports & airports. In addition, rising population along with urbanization will further propel demand over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed numerous infrastructure projects, which have triggered the demand for construction equipment including hammerhead towers cranes. For instance, China’s Belt and Road Initiative (BRI) project involves building more than 2000 kms of roads and rail networks across seven countries from Asia Pacific to Europe. Moreover, India's upcoming initiatives such as ‘Make in India’ are expected to boost industrial growth across various sectors including automotive, IT & electronics among others which will further propel product demand in near future.
Growth Factors:
- Increasing demand for construction and infrastructure projects across the globe is expected to drive the growth of Hammerhead Tower Cranes market.
- Growing urbanization and industrialization in developing countries is anticipated to fuel the demand for Hammerhead Tower Cranes in near future.
- Rising disposable income of consumers coupled with increasing purchasing power is projected to boost the sales of tower cranes in coming years.
- Technological advancements in crane manufacturing industry are likely to propel the growth of Hammerhead Tower Cranes market over forecast period.
- Growing awareness about safety measures while working at height is estimated to create new opportunities for tower crane manufacturers during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Hammerhead Tower Cranes Market Research Report
By Type
Max. Load Capacity < 30t, Max. Load Capacity 30-50t, Max. Load Capacity > 50t
By Application
Dam Building, Bridge Building, Shipyards, Power Plants, High Rise Buildings
By Companies
XCMG, Liebherr, Manitowoc, Zoomlion, SANY, Terex, DAHAN, Fushun Yongmao, Comansa, FAVCO, XCMG, SCM, Fangyuan Group, Huaxia, Guangxi Construction, Saez, Wolffkran, HKTC, Jost, Jaso, Raimondi, FM Gru, Wilbert
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Hammerhead Tower Cranes Market Report Segments:
The global Hammerhead Tower Cranes market is segmented on the basis of:
Types
Max. Load Capacity < 30t, Max. Load Capacity 30-50t, Max. Load Capacity > 50t
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
Dam Building, Bridge Building, Shipyards, Power Plants, High Rise Buildings
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:
- XCMG
- Liebherr
- Manitowoc
- Zoomlion
- SANY
- Terex
- DAHAN
- Fushun Yongmao
- Comansa
- FAVCO
- XCMG
- SCM
- Fangyuan Group
- Huaxia
- Guangxi Construction
- Saez
- Wolffkran
- HKTC
- Jost
- Jaso
- Raimondi
- FM Gru
- Wilbert
Highlights of The Hammerhead Tower 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:
- Max. Load Capacity < 30t
- Max. Load Capacity 30-50t
- Max. Load Capacity > 50t
- By Application:
- Dam Building
- Bridge Building
- Shipyards
- Power Plants
- High Rise Buildings
- 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 Hammerhead Tower 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.
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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?
Hammerhead Tower Cranes are a type of crane used for lifting and moving large objects.
Some of the major companies in the hammerhead tower cranes market are XCMG, Liebherr, Manitowoc, Zoomlion, SANY, Terex, DAHAN, Fushun Yongmao, Comansa, FAVCO, XCMG, SCM, Fangyuan Group, Huaxia, Guangxi Construction, Saez, Wolffkran, HKTC, Jost, Jaso, Raimondi, FM Gru, Wilbert.
The hammerhead tower 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 Hammerhead Tower 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 Hammerhead Tower Cranes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hammerhead Tower 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 Hammerhead Tower 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 Hammerhead Tower Cranes Market Size & Forecast, 2018-2028 4.5.1 Hammerhead Tower Cranes Market Size and Y-o-Y Growth 4.5.2 Hammerhead Tower Cranes Market Absolute $ Opportunity
Chapter 5 Global Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Type
5.2.1 Max. Load Capacity < 30t
5.2.2 Max. Load Capacity 30-50t
5.2.3 Max. Load Capacity > 50t
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Applications
6.2.1 Dam Building
6.2.2 Bridge Building
6.2.3 Shipyards
6.2.4 Power Plants
6.2.5 High Rise Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hammerhead Tower 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 Hammerhead Tower 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 Hammerhead Tower Cranes Analysis and Forecast
9.1 Introduction
9.2 North America Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Type
9.6.1 Max. Load Capacity < 30t
9.6.2 Max. Load Capacity 30-50t
9.6.3 Max. Load Capacity > 50t
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 Hammerhead Tower Cranes Market Size Forecast by Applications
9.10.1 Dam Building
9.10.2 Bridge Building
9.10.3 Shipyards
9.10.4 Power Plants
9.10.5 High Rise Buildings
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 Hammerhead Tower Cranes Analysis and Forecast
10.1 Introduction
10.2 Europe Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Type
10.6.1 Max. Load Capacity < 30t
10.6.2 Max. Load Capacity 30-50t
10.6.3 Max. Load Capacity > 50t
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 Hammerhead Tower Cranes Market Size Forecast by Applications
10.10.1 Dam Building
10.10.2 Bridge Building
10.10.3 Shipyards
10.10.4 Power Plants
10.10.5 High Rise Buildings
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 Hammerhead Tower Cranes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Type
11.6.1 Max. Load Capacity < 30t
11.6.2 Max. Load Capacity 30-50t
11.6.3 Max. Load Capacity > 50t
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 Hammerhead Tower Cranes Market Size Forecast by Applications
11.10.1 Dam Building
11.10.2 Bridge Building
11.10.3 Shipyards
11.10.4 Power Plants
11.10.5 High Rise Buildings
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 Hammerhead Tower Cranes Analysis and Forecast
12.1 Introduction
12.2 Latin America Hammerhead Tower 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 Hammerhead Tower Cranes Market Size Forecast by Type
12.6.1 Max. Load Capacity < 30t
12.6.2 Max. Load Capacity 30-50t
12.6.3 Max. Load Capacity > 50t
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 Hammerhead Tower Cranes Market Size Forecast by Applications
12.10.1 Dam Building
12.10.2 Bridge Building
12.10.3 Shipyards
12.10.4 Power Plants
12.10.5 High Rise Buildings
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) Hammerhead Tower Cranes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hammerhead Tower 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) Hammerhead Tower Cranes Market Size Forecast by Type
13.6.1 Max. Load Capacity < 30t
13.6.2 Max. Load Capacity 30-50t
13.6.3 Max. Load Capacity > 50t
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) Hammerhead Tower Cranes Market Size Forecast by Applications
13.10.1 Dam Building
13.10.2 Bridge Building
13.10.3 Shipyards
13.10.4 Power Plants
13.10.5 High Rise Buildings
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 Hammerhead Tower Cranes Market: Competitive Dashboard
14.2 Global Hammerhead Tower Cranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 XCMG
14.3.2 Liebherr
14.3.3 Manitowoc
14.3.4 Zoomlion
14.3.5 SANY
14.3.6 Terex
14.3.7 DAHAN
14.3.8 Fushun Yongmao
14.3.9 Comansa
14.3.10 FAVCO
14.3.11 XCMG
14.3.12 SCM
14.3.13 Fangyuan Group
14.3.14 Huaxia
14.3.15 Guangxi Construction
14.3.16 Saez
14.3.17 Wolffkran
14.3.18 HKTC
14.3.19 Jost
14.3.20 Jaso
14.3.21 Raimondi
14.3.22 FM Gru
14.3.23 Wilbert