Market Overview:
The global trailer mounted 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 trailer mounted cranes in construction, forestry & agriculture, and industrial applications. Trailer mounted cranes are used extensively in various end-user industries owing to their high lifting capacity and versatility. Additionally, the growing infrastructure development activities across the globe are also fueling the demand for trailer mounted cranes. Based on type, the global trailer mounted crane market is segmented into less than 50 kNm, 50 to 150 kNm, 151 to 250 kNm, 251 to 400 kNm 401to 600k Nm and over 600k Nm segments. The over 600k NmA segment is projectedto registerthe highest CAGR duringthe forecast period due tobusiness expansion opportunities in emerging markets such as Asia Pacificand Latin America .
Product Definition:
A trailer mounted crane is a type of mobile crane that is mounted on a trailer for transport. Trailer mounted cranes are used for a variety of applications, including construction, transportation, and manufacturing. They are important tools for completing tasks quickly and efficiently.
Less Than 50 kNm:
The global less than 50 kNm, it's usage and growth factor in trailer-mounted cranes market size was valued at USD 5.0 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to increasing demand for construction equipment from the Asia Pacific region coupled with technological advancements in this segment.
50 to 150 kNm:
50 to 150 kNm rating is applied to the cranes that have a loaded weight between 40,000 and 80,000 kgs. The 50-150 kNm cranes are used for various applications such as construction sites, ports & terminals, mining sites and so on. These types of cranes are widely accepted across the globe owing to their features such as high lifting capacity and strong operational performance in rough environments.
Application Insights:
The construction application segment led the global trailer mounted cranes market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rapid urbanization coupled with increasing infrastructural development across the globe has created a favorable environment for equipment rentals in construction sites. Furthermore, government initiatives such as Make In India are expected to increase industrial output which will further propel demand from this sector over the coming years.
The forestry & agriculture segment accounted for 13% of revenue share in 2017 owing to rising demand for equipment including feller bunchers, skid loaders and mower decks among others on account of increased agricultural activities across various regions globally. The need for efficient harvesting equipment has become critical due to rise in farmlands and forests around the world which is likely to boost product adoption over next seven years or so.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing infrastructure activities in emerging economies such as China, India, and Japan. In addition, rising demand for industrial equipment owing to rapid expansion of manufacturing units will drive the regional market further.
Europe accounted for a significant share of revenue in 2017 due to growing construction activities across several countries including Germany, U.K., Italy among others which are anticipated to drive product demand over the forecast period.
In North America also known as CSA region; there is a high level of uncertainty regarding trade policies between U S A.
Growth Factors:
- Increasing demand for transportation and logistics services
- Growing infrastructure development activities
- Rising investments in the construction sector
- Proliferation of trade and commerce across global markets
- Technological advancements in crane manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Trailer Mounted Cranes Market Research Report
By Type
Less Than 50 kNm, 50 to 150 kNm, 151 to 250 kNm, 251 to 400 kNm, 401 to 600 kNm, Over 600 kNm
By Application
Construction, Forestry & Agriculture, Industrial, Other
By Companies
Cargotec (Hiab), Palfinger, XCMG, Furukawa, Tadano, Fassi Crane, Manitex, Hyva Crane, Action Construction Equipment, Zoomlion
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Trailer Mounted Cranes Market Report Segments:
The global Trailer Mounted Cranes market is segmented on the basis of:
Types
Less Than 50 kNm, 50 to 150 kNm, 151 to 250 kNm, 251 to 400 kNm, 401 to 600 kNm, Over 600 kNm
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
Construction, Forestry & Agriculture, Industrial, 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:
- Cargotec (Hiab)
- Palfinger
- XCMG
- Furukawa
- Tadano
- Fassi Crane
- Manitex
- Hyva Crane
- Action Construction Equipment
- Zoomlion
Highlights of The Trailer Mounted 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:
- Less Than 50 kNm
- 50 to 150 kNm
- 151 to 250 kNm
- 251 to 400 kNm
- 401 to 600 kNm
- Over 600 kNm
- By Application:
- Construction
- Forestry & Agriculture
- Industrial
- 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 Trailer Mounted 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Trailer mounted cranes are a type of crane that is mounted on a trailer. They are used for moving heavy objects, such as construction materials or equipment.
Some of the major players in the trailer mounted cranes market are Cargotec (Hiab), Palfinger, XCMG, Furukawa, Tadano, Fassi Crane, Manitex, Hyva Crane, Action Construction Equipment, Zoomlion.
The trailer mounted cranes 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 Trailer Mounted 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 Trailer Mounted Cranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trailer Mounted 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 Trailer Mounted 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 Trailer Mounted Cranes Market Size & Forecast, 2020-2028
4.5.1 Trailer Mounted Cranes Market Size and Y-o-Y Growth
4.5.2 Trailer Mounted Cranes 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 50 kNm
5.2.2 50 to 150 kNm
5.2.3 151 to 250 kNm
5.2.4 251 to 400 kNm
5.2.5 401 to 600 kNm
5.2.6 Over 600 kNm
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 Construction
6.2.2 Forestry & Agriculture
6.2.3 Industrial
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trailer Mounted 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 Trailer Mounted 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 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 50 kNm
9.6.2 50 to 150 kNm
9.6.3 151 to 250 kNm
9.6.4 251 to 400 kNm
9.6.5 401 to 600 kNm
9.6.6 Over 600 kNm
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 Construction
9.10.2 Forestry & Agriculture
9.10.3 Industrial
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 50 kNm
10.6.2 50 to 150 kNm
10.6.3 151 to 250 kNm
10.6.4 251 to 400 kNm
10.6.5 401 to 600 kNm
10.6.6 Over 600 kNm
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 Construction
10.10.2 Forestry & Agriculture
10.10.3 Industrial
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 50 kNm
11.6.2 50 to 150 kNm
11.6.3 151 to 250 kNm
11.6.4 251 to 400 kNm
11.6.5 401 to 600 kNm
11.6.6 Over 600 kNm
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 Construction
11.10.2 Forestry & Agriculture
11.10.3 Industrial
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 50 kNm
12.6.2 50 to 150 kNm
12.6.3 151 to 250 kNm
12.6.4 251 to 400 kNm
12.6.5 401 to 600 kNm
12.6.6 Over 600 kNm
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 Construction
12.10.2 Forestry & Agriculture
12.10.3 Industrial
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 50 kNm
13.6.2 50 to 150 kNm
13.6.3 151 to 250 kNm
13.6.4 251 to 400 kNm
13.6.5 401 to 600 kNm
13.6.6 Over 600 kNm
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 Construction
13.10.2 Forestry & Agriculture
13.10.3 Industrial
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 Trailer Mounted Cranes Market: Competitive Dashboard
14.2 Global Trailer Mounted Cranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargotec (Hiab)
14.3.2 Palfinger
14.3.3 XCMG
14.3.4 Furukawa
14.3.5 Tadano
14.3.6 Fassi Crane
14.3.7 Manitex
14.3.8 Hyva Crane
14.3.9 Action Construction Equipment
14.3.10 Zoomlion
