The global overhead travelling cranes market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for overhead travelling cranes in various industries such as manufacturing, warehouse and production line. The conventional top running overhead cranes segment accounted for the largest share in 2018 and is expected to continue its dominance throughout the forecast period due to their high productivity and low cost of ownership. The North American region accounted for the largest share in 2018 due to its large number of manufacturing industries which require overhead travelling cranes for their operations. Europe followed North America with a significant share owing to its high demand from various sectors such as automotive, aerospace, food & beverage and pharmaceuticals among others which require these types of equipment for their operations. Asia Pacific is expected to witness significant growth during the forecast period owing to an increase in investments from countries such as China and India which are witnessing rapid industrialization coupled with an increase in demand from various sectors such as automotive, aerospace, food & beverage and pharmaceuticals among others which require these types of equipment for their operations.
Some Of The Growth Factors Of This Market:
- The growth of the global economy.
- The increase in the number of construction projects.
- The need for more efficient and safer methods to transport heavy loads.
- Increasing demand for energy.
Industry Growth Insights published a new data on “Overhead Travelling Cranes Market”. The research report is titled “Overhead Travelling Cranes Market research by Types (Conventional Top Running Overhead Cranes, Under-Slung Overhead Cranes, Freestanding Gantry Systems, Other), By Applications (Factory & Plant, Production Line, Warehouse, Others), By Players/Companies Niko, Konecranes, Terex, KITO GROUP, ABUS, GH Crane & Components, Gorbel, Eilbeck Cranes, ZPMC, Jinrui, Weihua, Henan Mine”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Overhead Travelling Cranes Market Research Report
By Type
Conventional Top Running Overhead Cranes, Under-Slung Overhead Cranes, Freestanding Gantry Systems, Other
By Application
Factory & Plant, Production Line, Warehouse, Others
By Companies
Niko, Konecranes, Terex, KITO GROUP, ABUS, GH Crane & Components, Gorbel, Eilbeck Cranes, ZPMC, Jinrui, Weihua, Henan Mine
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Overhead Travelling Cranes Market Report Segments:
The global Overhead Travelling Cranes market is segmented on the basis of:
Types
Conventional Top Running Overhead Cranes, Under-Slung Overhead Cranes, Freestanding Gantry Systems, Other
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:
- Niko
- Konecranes
- Terex
- KITO GROUP
- ABUS
- GH Crane & Components
- Gorbel
- Eilbeck Cranes
- ZPMC
- Jinrui
- Weihua
- Henan Mine
Highlights of The Overhead Travelling 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:
- Conventional Top Running Overhead Cranes
- Under-Slung Overhead Cranes
- Freestanding Gantry Systems
- Other
- 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 Overhead Travelling 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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- Correctly Positioning New Products
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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?
Overhead travelling cranes are a type of crane that travel on an overhead rail. They are used to move large objects, such as building materials or equipment.
Some of the key players operating in the overhead travelling cranes market are Niko, Konecranes, Terex, KITO GROUP, ABUS, GH Crane & Components, Gorbel, Eilbeck Cranes, ZPMC, Jinrui, Weihua, Henan Mine.
The overhead travelling cranes market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Overhead Travelling Cranes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Overhead Travelling Cranes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Overhead Travelling Cranes Market - Supply Chain
4.5. Global Overhead Travelling Cranes Market Forecast
4.5.1. Overhead Travelling Cranes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Overhead Travelling Cranes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Overhead Travelling Cranes Market Absolute $ Opportunity
5. Global Overhead Travelling Cranes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Overhead Travelling Cranes Market Size and Volume Forecast by Type
5.3.1. Conventional Top Running Overhead Cranes
5.3.2. Under-Slung Overhead Cranes
5.3.3. Freestanding Gantry Systems
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Overhead Travelling Cranes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Overhead Travelling Cranes Market Size and Volume Forecast by Application
6.3.1. Factory & Plant
6.3.2. Production Line
6.3.3. Warehouse
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Overhead Travelling Cranes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Overhead Travelling Cranes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Overhead Travelling Cranes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Overhead Travelling Cranes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Overhead Travelling Cranes Demand Share Forecast, 2019-2026
9. North America Overhead Travelling Cranes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Overhead Travelling Cranes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Overhead Travelling Cranes Market Size and Volume Forecast by Application
9.4.1. Factory & Plant
9.4.2. Production Line
9.4.3. Warehouse
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Overhead Travelling Cranes Market Size and Volume Forecast by Type
9.7.1. Conventional Top Running Overhead Cranes
9.7.2. Under-Slung Overhead Cranes
9.7.3. Freestanding Gantry Systems
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Overhead Travelling Cranes Demand Share Forecast, 2019-2026
10. Latin America Overhead Travelling Cranes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Overhead Travelling Cranes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Overhead Travelling Cranes Market Size and Volume Forecast by Application
10.4.1. Factory & Plant
10.4.2. Production Line
10.4.3. Warehouse
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Overhead Travelling Cranes Market Size and Volume Forecast by Type
10.7.1. Conventional Top Running Overhead Cranes
10.7.2. Under-Slung Overhead Cranes
10.7.3. Freestanding Gantry Systems
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Overhead Travelling Cranes Demand Share Forecast, 2019-2026
11. Europe Overhead Travelling Cranes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Overhead Travelling Cranes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Overhead Travelling Cranes Market Size and Volume Forecast by Application
11.4.1. Factory & Plant
11.4.2. Production Line
11.4.3. Warehouse
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Overhead Travelling Cranes Market Size and Volume Forecast by Type
11.7.1. Conventional Top Running Overhead Cranes
11.7.2. Under-Slung Overhead Cranes
11.7.3. Freestanding Gantry Systems
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Overhead Travelling Cranes Demand Share, 2019-2026
12. Asia Pacific Overhead Travelling Cranes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Overhead Travelling Cranes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Overhead Travelling Cranes Market Size and Volume Forecast by Application
12.4.1. Factory & Plant
12.4.2. Production Line
12.4.3. Warehouse
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Overhead Travelling Cranes Market Size and Volume Forecast by Type
12.7.1. Conventional Top Running Overhead Cranes
12.7.2. Under-Slung Overhead Cranes
12.7.3. Freestanding Gantry Systems
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Overhead Travelling Cranes Demand Share, 2019-2026
13. Middle East & Africa Overhead Travelling Cranes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Overhead Travelling Cranes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Overhead Travelling Cranes Market Size and Volume Forecast by Application
13.4.1. Factory & Plant
13.4.2. Production Line
13.4.3. Warehouse
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Overhead Travelling Cranes Market Size and Volume Forecast by Type
13.7.1. Conventional Top Running Overhead Cranes
13.7.2. Under-Slung Overhead Cranes
13.7.3. Freestanding Gantry Systems
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Overhead Travelling Cranes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Overhead Travelling Cranes Market: Market Share Analysis
14.2. Overhead Travelling Cranes Distributors and Customers
14.3. Overhead Travelling Cranes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Niko
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Konecranes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Terex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KITO GROUP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ABUS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GH Crane & Components
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gorbel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eilbeck Cranes
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZPMC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jinrui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Weihua
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Henan Mine
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook