Market Overview:
The global tower crane lifts 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 tower cranes in construction and infrastructure projects across the globe. In terms of type, the travelling speed 18m/min segment is expected to hold a major share of the global tower crane lifts market during the forecast period. This can be attributed to its low installation and operational costs as compared to other types of tower cranes.
Product Definition:
A tower crane is a large, tall crane used for heavy lifting. It is mounted on a tower and can be moved along the tower to reach different parts of the construction site. Tower cranes are often used in building construction, where they are used to lift materials such as steel beams and concrete panels into place.
Travelling Speed 18m/min:
Travelling speed 18m/min is the maximum lift capacity of a tower crane with a platform size of 60 meters. It was developed by DNV GL Group, a service provider for vessel traffic and port operations worldwide. The Travelling Speed 18m/min (TS18M) has been defined as the maximum continuous lifting speed during one minute that allows to carry out 20 lifts per minutes on average with an 80-ton ship.
Travelling Speed 25m/min:
Travelling speed 25m/min is the maximum attainable speed of a tower crane with loaded truck in lift mode. It is an important factor to be considered while designing a tower crane lifting system. The travelling speed 25m/min has to be less than or equal to the groundspeed of the vehicle (vehicle travel speed).
The groundspeed of vehicles can be determined by using wheel alignment and tire pressure monitoring systems, among others.
Application Insights:
The self-erecting tower cranes segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth can be attributed to the increasing demand for construction projects across the globe. For instance, according to Dezeen, there were over USD 1 trillion worth of construction projects globally in 2016. A significant part of this amount was contributed by China with USD 646 billion worth of construction activities taking place there that year.
The flat top tower crane category is expected register the fastest CAGR from 2018 to 2030 owing to its ability t owork on multiple structures at a time and its compact size which makes it easyto install even in small spaces such as roof tops or narrow alleys between buildings.
Regional Analysis:
Asia Pacific dominated the global tower crane lifts market in 2016 with a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing construction activities in countries, such as China and India. In addition, growing awareness regarding safety standards and regulations is also anticipated to drive demand for these lifts across this region.
The Asia Pacific was followed by Europe which accounted for around 25% of the total market share in 2016 owing to high demand from countries like Russia and Turkey where major infrastructure projects are ongoing or have been recently completed.
Growth Factors:
- Increasing demand for construction and infrastructure projects across the globe is expected to drive the growth of tower crane lifts market.
- Growing urbanization and industrialization in developing countries is anticipated to fuel the demand for tower crane lifts in near future.
- Rising disposable income of consumers coupled with increasing purchasing power is projected to boost the growth of tower crane lifts market over next few years.
- Technological advancements in lifting equipment are likely to create new opportunities for players operating in tower crane lifts market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tower Crane Lifts Market Research Report
By Type
Travelling Speed 18m/min, Travelling Speed 25m/min, Others
By Application
Self-Erecting Tower Cranes, Flat Top Tower Cranes, Hammerhead Tower Cranes, Luffing Jib Tower Cranes
By Companies
Kanoo, JASO, Gaoli Engineering Machinery, Liebherr, Terex, GEDA, Raimondi, Kanoo
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Tower Crane Lifts Market Report Segments:
The global Tower Crane Lifts market is segmented on the basis of:
Types
Travelling Speed 18m/min, Travelling Speed 25m/min, Others
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
Self-Erecting Tower Cranes, Flat Top Tower Cranes, Hammerhead Tower Cranes, Luffing Jib Tower Cranes
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:
- Kanoo
- JASO
- Gaoli Engineering Machinery
- Liebherr
- Terex
- GEDA
- Raimondi
- Kanoo
Highlights of The Tower Crane Lifts 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:
- Travelling Speed 18m/min
- Travelling Speed 25m/min
- Others
- By Application:
- Self-Erecting Tower Cranes
- Flat Top Tower Cranes
- Hammerhead Tower Cranes
- Luffing Jib Tower Cranes
- 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 Tower Crane Lifts 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
- Market Entry Strategies
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- Consumer Insights
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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?
Tower crane lifts are a type of construction equipment that are used to lift materials and supplies up into a tower or other structure. They typically have two or more arms that can be raised and lowered, allowing them to move large objects quickly and easily.
Some of the major players in the tower crane lifts market are Kanoo, JASO, Gaoli Engineering Machinery, Liebherr, Terex, GEDA, Raimondi, Kanoo.
The tower crane lifts 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 Tower Crane Lifts 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 Tower Crane Lifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tower Crane Lifts 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 Tower Crane Lifts 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 Tower Crane Lifts Market Size & Forecast, 2018-2028
4.5.1 Tower Crane Lifts Market Size and Y-o-Y Growth
4.5.2 Tower Crane Lifts Market Absolute $ Opportunity
Chapter 5 Global Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Type
5.2.1 Travelling Speed 18m/min
5.2.2 Travelling Speed 25m/min
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Applications
6.2.1 Self-Erecting Tower Cranes
6.2.2 Flat Top Tower Cranes
6.2.3 Hammerhead Tower Cranes
6.2.4 Luffing Jib Tower Cranes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tower Crane Lifts 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 Tower Crane Lifts 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 Tower Crane Lifts Analysis and Forecast
9.1 Introduction
9.2 North America Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Type
9.6.1 Travelling Speed 18m/min
9.6.2 Travelling Speed 25m/min
9.6.3 Others
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 Tower Crane Lifts Market Size Forecast by Applications
9.10.1 Self-Erecting Tower Cranes
9.10.2 Flat Top Tower Cranes
9.10.3 Hammerhead Tower Cranes
9.10.4 Luffing Jib Tower Cranes
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 Tower Crane Lifts Analysis and Forecast
10.1 Introduction
10.2 Europe Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Type
10.6.1 Travelling Speed 18m/min
10.6.2 Travelling Speed 25m/min
10.6.3 Others
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 Tower Crane Lifts Market Size Forecast by Applications
10.10.1 Self-Erecting Tower Cranes
10.10.2 Flat Top Tower Cranes
10.10.3 Hammerhead Tower Cranes
10.10.4 Luffing Jib Tower Cranes
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 Tower Crane Lifts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Type
11.6.1 Travelling Speed 18m/min
11.6.2 Travelling Speed 25m/min
11.6.3 Others
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 Tower Crane Lifts Market Size Forecast by Applications
11.10.1 Self-Erecting Tower Cranes
11.10.2 Flat Top Tower Cranes
11.10.3 Hammerhead Tower Cranes
11.10.4 Luffing Jib Tower Cranes
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 Tower Crane Lifts Analysis and Forecast
12.1 Introduction
12.2 Latin America Tower Crane Lifts 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 Tower Crane Lifts Market Size Forecast by Type
12.6.1 Travelling Speed 18m/min
12.6.2 Travelling Speed 25m/min
12.6.3 Others
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 Tower Crane Lifts Market Size Forecast by Applications
12.10.1 Self-Erecting Tower Cranes
12.10.2 Flat Top Tower Cranes
12.10.3 Hammerhead Tower Cranes
12.10.4 Luffing Jib Tower Cranes
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) Tower Crane Lifts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tower Crane Lifts 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) Tower Crane Lifts Market Size Forecast by Type
13.6.1 Travelling Speed 18m/min
13.6.2 Travelling Speed 25m/min
13.6.3 Others
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) Tower Crane Lifts Market Size Forecast by Applications
13.10.1 Self-Erecting Tower Cranes
13.10.2 Flat Top Tower Cranes
13.10.3 Hammerhead Tower Cranes
13.10.4 Luffing Jib Tower Cranes
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 Tower Crane Lifts Market: Competitive Dashboard
14.2 Global Tower Crane Lifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kanoo
14.3.2 JASO
14.3.3 Gaoli Engineering Machinery
14.3.4 Liebherr
14.3.5 Terex
14.3.6 GEDA
14.3.7 Raimondi
14.3.8 Kanoo
