Market Overview:
The global single-girder overhead 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 single-girder overhead cranes from various end-use industries, such as factories and plants, production lines, warehouses, and others. Additionally, factors such as technological advancements and rising demand for electric single-girder overhead cranes are also contributing to the growth of this market. However, volatility in prices of raw materials is restraining the growth of this market to some extent. On the basis of type, folding boom type overhead cranes are expected to hold a major share in the global single-girder overhead crane market during 2018–2030 owing to their high efficiency and low maintenance cost as compared with other types of single girder overhead cranes available in the market. On account of their growing popularity among end users across different regions worldwide; arm type overhead crane segment is projected register highest CAGR over 2018–2030 period. In terms application factory & plant segment dominates overall demand for Single Girder Overhead Cranes globally followed by warehouse application however production line application is anticipated witness highest CAGR over forecast period due increasing number industrialization & modernization initiatives taken by governments across globe .
Product Definition:
A single-girder overhead crane is a type of crane that consists of one main girder or beam on which the hoist is mounted. This type of crane is often used in factories and other industrial settings to move heavy objects around.
Folding Boom Type Overhead Cranes:
Folding boom type overhead cranes are used in various applications such as construction, shipbuilding and offshore drilling platforms. These cranes have a boom that can be lowered to gain access to tight spaces and it also provides stability while operating on uneven surfaces. The main advantage of these cranes is that they reduce the overall weight which makes them very useful for operations on ships or at construction sites where there are many heavy loads involved.
Arm Type Overhead Cranes:
An overhead crane is a lifting device with one or more boom(s) extending from a fixed point. Overhead cranes are used for loading and unloading goods from lorries, trailers, ships or railway cars onto trucks, into shipping containers at ports and onto platforms such as warehouses and factories.
Application Insights:
The market is segmented by application into a factory and plant, production line, warehouse, and others. The factory and plant was the largest application segment in 2017 with over 40% of the overall revenue share. Single-girder boom type overhead cranes are widely used for lifting heavy components on assembly lines in automotive plants, industrial facilities, construction sites or warehouses to facilitate ease of movement for other machinery or equipment on the production floor.
Single-girder boom types accounted for more than 50% of the total revenue share in 2017 owing to their low cost structure compared to other types such as gantry crane or tower crane which use different kinds of jibs/booms depending upon lifting capacity required by them at any given time.
Regional Analysis:
Asia Pacific dominated the global single-girder overhead cranes market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure spending coupled with growing industrialization and rising living standards. Furthermore, government initiatives such as “Make in India†are expected to create ample opportunities for manufacturers operating in this sector, thereby driving demand over the next eight years.
The Latin American market is anticipated to witness significant growth over the forecast period owing to increasing investments from foreign players looking at high potential markets offering lucrative opportunities for business expansion along with low labor costs and raw material availability at a relatively cheaper price compared with developed countries. In addition, growing awareness regarding safety & health issues associated with manual lifting equipment will further propel product demand within construction industry across Latin America during same period.
Growth Factors:
- Increasing demand from the automotive and heavy engineering industries for single-girder overhead cranes to handle large and heavy loads.
- Growing investment in infrastructure development projects, which is expected to lead to an increase in demand for single-girder overhead cranes over the next few years.
- Rising adoption of automated systems in manufacturing facilities, which is resulting in an increase in the need for single-girder overhead cranes with advanced features and capabilities.
- Rapid growth of e-commerce sector, especially across developing countries, is fueling the demand for warehouse automation solutions including single-girder overhead cranes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-girder Overhead Cranes Market Research Report
By Type
Folding Boom Type Overhead Cranes, Arm Type Overhead Cranes
By Application
Factory & Plant, Production Line, Warehouse, Others
By Companies
KITO GROUP, Konecranes, Terex, GH Crane & Components, ABUS, Eilbeck Cranes, Gorbel, ZPMC, Jinrui, Weihua, KITO GROUP, Henan Shengqi
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Single-girder Overhead Cranes Market Report Segments:
The global Single-girder Overhead Cranes market is segmented on the basis of:
Types
Folding Boom Type Overhead Cranes, Arm Type Overhead Cranes
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, Production Line, 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:
- KITO GROUP
- Konecranes
- Terex
- GH Crane & Components
- ABUS
- Eilbeck Cranes
- Gorbel
- ZPMC
- Jinrui
- Weihua
- KITO GROUP
- Henan Shengqi
Highlights of The Single-girder Overhead 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:
- Folding Boom Type Overhead Cranes
- Arm Type Overhead Cranes
- By Application:
- Factory & Plant
- Production Line
- 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 Single-girder Overhead 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?
A single-girder overhead crane is a type of crane that has only one main arm or boom. This makes it easier to move and operate, as there is less weight to support.
Some of the key players operating in the single-girder overhead cranes market are KITO GROUP, Konecranes, Terex, GH Crane & Components, ABUS, Eilbeck Cranes, Gorbel, ZPMC, Jinrui, Weihua, KITO GROUP, Henan Shengqi.
The single-girder overhead 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 Single-girder Overhead 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 Single-girder Overhead Cranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single-girder Overhead 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 Single-girder Overhead 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 Single-girder Overhead Cranes Market Size & Forecast, 2018-2028
4.5.1 Single-girder Overhead Cranes Market Size and Y-o-Y Growth
4.5.2 Single-girder Overhead Cranes Market Absolute $ Opportunity
Chapter 5 Global Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Type
5.2.1 Folding Boom Type Overhead Cranes
5.2.2 Arm Type Overhead Cranes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Applications
6.2.1 Factory & Plant
6.2.2 Production Line
6.2.3 Warehouse
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single-girder Overhead 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 Single-girder Overhead 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 Single-girder Overhead Cranes Analysis and Forecast
9.1 Introduction
9.2 North America Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Type
9.6.1 Folding Boom Type Overhead Cranes
9.6.2 Arm Type Overhead Cranes
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 Single-girder Overhead Cranes Market Size Forecast by Applications
9.10.1 Factory & Plant
9.10.2 Production Line
9.10.3 Warehouse
9.10.4 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 Single-girder Overhead Cranes Analysis and Forecast
10.1 Introduction
10.2 Europe Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Type
10.6.1 Folding Boom Type Overhead Cranes
10.6.2 Arm Type Overhead Cranes
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 Single-girder Overhead Cranes Market Size Forecast by Applications
10.10.1 Factory & Plant
10.10.2 Production Line
10.10.3 Warehouse
10.10.4 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 Single-girder Overhead Cranes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Type
11.6.1 Folding Boom Type Overhead Cranes
11.6.2 Arm Type Overhead Cranes
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 Single-girder Overhead Cranes Market Size Forecast by Applications
11.10.1 Factory & Plant
11.10.2 Production Line
11.10.3 Warehouse
11.10.4 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 Single-girder Overhead Cranes Analysis and Forecast
12.1 Introduction
12.2 Latin America Single-girder Overhead 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 Single-girder Overhead Cranes Market Size Forecast by Type
12.6.1 Folding Boom Type Overhead Cranes
12.6.2 Arm Type Overhead Cranes
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 Single-girder Overhead Cranes Market Size Forecast by Applications
12.10.1 Factory & Plant
12.10.2 Production Line
12.10.3 Warehouse
12.10.4 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) Single-girder Overhead Cranes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Single-girder Overhead 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) Single-girder Overhead Cranes Market Size Forecast by Type
13.6.1 Folding Boom Type Overhead Cranes
13.6.2 Arm Type Overhead Cranes
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) Single-girder Overhead Cranes Market Size Forecast by Applications
13.10.1 Factory & Plant
13.10.2 Production Line
13.10.3 Warehouse
13.10.4 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 Single-girder Overhead Cranes Market: Competitive Dashboard
14.2 Global Single-girder Overhead Cranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KITO GROUP
14.3.2 Konecranes
14.3.3 Terex
14.3.4 GH Crane & Components
14.3.5 ABUS
14.3.6 Eilbeck Cranes
14.3.7 Gorbel
14.3.8 ZPMC
14.3.9 Jinrui
14.3.10 Weihua
14.3.11 KITO GROUP
14.3.12 Henan Shengqi
