Market Overview:
The global monorail overhead traveling crane market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented by type, application and region. By type, the market is segmented into less than 1000 kg, 1000-3000 kg and greater than 3000 kg. The automobile industry segment is expected to hold the largest share of the global monorail overhead traveling crane market in 2018. This can be attributed to the increasing demand for automobiles across the globe.
Product Definition:
A monorail overhead traveling crane is a type of bridge crane that uses a single rail as its track. This type of crane is often used for heavy loads, and it can be moved easily between different work areas.
Less than 1000 KG:
The less than 1000 kg it's usage and growth factor in the monorail overhead traveling crane market is very less. The demand for such cranes is expected to grow at a slow pace over the forecast period. The low cost of operation, low maintenance costs along with easy mobility make them suitable for use in construction activities where other heavy equipment cannot be used.
They are widely used across various industries including infrastructure, manufacturing,.
1000-3000 KG:
1000-3000 KG is the weight of a monorail overhead traveling crane. It's used to calculate the strength of crane required for safe lifting and transportation of goods. 1000-3000 KG figure varies according to type of goods to be lifted, size & complexity of structure being lifted, and environmental conditions under which it is being lifted (temperature).
The 1000-3000 KG range is also referred as standard tons or short ton range.
Application Insights:
The monorail overhead traveling crane has numerous applications in the automotive industry, metal smelting industry, paper industry and other industries. In 2017, the automobile industry accounted for a major market share of over 50% in terms of demand. Monorail overhead traveling crane is used to lift car components including engine and transmission from ground level to upper levels where they are installed in vehicles. The rising number of production units coupled with increasing consumer preference for sports cars is expected to drive the demand for monorail overhead traveling cranes over the forecast period.
In terms of revenue, metal smelting application segment is anticipated to witness a CAGR exceeding 6% during the study period owing to its ability provide flexibility while handling various types.
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 rapid growth in recent years owing to increasing demand for monorail traveling overhead crane from various industries, such as automotive, metal smelting, paper and others.
The growing automobile industry across emerging economies of Asia Pacific including China and India is anticipated to be a key factor driving regional market growth over the forecast period. In addition, favorable government regulations aimed at promoting industrial development are also likely to contribute toward increased demand for monorail traveling overhead crane across this region.
Growth Factors:
- Increasing demand from end-use industries: The global monorail overhead traveling crane market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, aerospace, and defense.
- Technological advancements: The market is also propelled by the technological advancements in the cranes that are helping to improve their efficiency and performance. This is resulting in an increase in their adoption across various industrial applications.
- Rising investments in infrastructure development: There has been a rise in investments made for infrastructure development projects across the globe, which is aiding the growth of the monorail overhead traveling crane market.
- Growing trend of automation: The growing trend of automation across various industrial sectors is also propelling the growth of this market as it helps to improve productivity and efficiency levels significantly
Scope Of The Report
Report Attributes
Report Details
Report Title
Monorail Overhead Traveling Crane Market Research Report
By Type
Less than 1000 KG, 1000-3000 KG, Greater than 3000 KG
By Application
Automobile Industry, Metal Smelting Industry, Paper Industry, Other
By Companies
ZPMC, Deshazo, Columbus McKinnon Corporation, ABUS, KITO GROUP, Eilbeck Cranes, UNICORN Technologies, Henan Mine Crane Co.,Ltd., Weihua, Carl Stahl
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Monorail Overhead Traveling Crane Market Report Segments:
The global Monorail Overhead Traveling Crane market is segmented on the basis of:
Types
Less than 1000 KG, 1000-3000 KG, Greater than 3000 KG
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
Automobile Industry, Metal Smelting Industry, Paper Industry, Other
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:
- ZPMC
- Deshazo
- Columbus McKinnon Corporation
- ABUS
- KITO GROUP
- Eilbeck Cranes
- UNICORN Technologies
- Henan Mine Crane Co.,Ltd.
- Weihua
- Carl Stahl
Highlights of The Monorail Overhead Traveling Crane 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:
- Less than 1000 KG
- 1000-3000 KG
- Greater than 3000 KG
- By Application:
- Automobile Industry
- Metal Smelting Industry
- Paper Industry
- Other
- 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 Monorail Overhead Traveling Crane 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?
A monorail overhead traveling crane is a type of lifting equipment used to move large objects. It consists of a boom with a moving arm that swings over the object to be lifted, and a carriage that rides on the arm. The crane operator uses controls on the boom to move it up and down, side to side, or in circles.
Some of the major players in the monorail overhead traveling crane market are ZPMC, Deshazo, Columbus McKinnon Corporation, ABUS, KITO GROUP, Eilbeck Cranes, UNICORN Technologies, Henan Mine Crane Co.,Ltd., Weihua, Carl Stahl.
The monorail overhead traveling crane market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Monorail Overhead Traveling Crane 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 Monorail Overhead Traveling Crane Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Monorail Overhead Traveling Crane 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 Monorail Overhead Traveling Crane 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 Monorail Overhead Traveling Crane Market Size & Forecast, 2020-2028
4.5.1 Monorail Overhead Traveling Crane Market Size and Y-o-Y Growth
4.5.2 Monorail Overhead Traveling Crane Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Less than 1000 KG
5.2.2 1000-3000 KG
5.2.3 Greater than 3000 KG
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Metal Smelting Industry
6.2.3 Paper Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monorail Overhead Traveling Crane 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 Monorail Overhead Traveling Crane 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Less than 1000 KG
9.6.2 1000-3000 KG
9.6.3 Greater than 3000 KG
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 Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Metal Smelting Industry
9.10.3 Paper Industry
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Less than 1000 KG
10.6.2 1000-3000 KG
10.6.3 Greater than 3000 KG
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 Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Metal Smelting Industry
10.10.3 Paper Industry
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Less than 1000 KG
11.6.2 1000-3000 KG
11.6.3 Greater than 3000 KG
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 Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Metal Smelting Industry
11.10.3 Paper Industry
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Less than 1000 KG
12.6.2 1000-3000 KG
12.6.3 Greater than 3000 KG
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 Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Metal Smelting Industry
12.10.3 Paper Industry
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Less than 1000 KG
13.6.2 1000-3000 KG
13.6.3 Greater than 3000 KG
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) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Metal Smelting Industry
13.10.3 Paper Industry
13.10.4 Other
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 Monorail Overhead Traveling Crane Market: Competitive Dashboard
14.2 Global Monorail Overhead Traveling Crane Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZPMC
14.3.2 Deshazo
14.3.3 Columbus McKinnon Corporation
14.3.4 ABUS
14.3.5 KITO GROUP
14.3.6 Eilbeck Cranes
14.3.7 UNICORN Technologies
14.3.8 Henan Mine Crane Co.,Ltd.
14.3.9 Weihua
14.3.10 Carl Stahl
