Market Overview:
The global telescopic boom crane 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 telescopic boom cranes in oil and gas, offshore renewable energy, marine companies, and other applications. Additionally, the growing construction industry is also fueling the demand for telescopic boom cranes across the globe.
Product Definition:
Telescopic Boom Crane is a type of crane that uses a telescoping boom to extend its reach. This allows it to lift heavier loads than it would be able to with a fixed boom. Telescopic Boom Cranes are often used for construction and demolition projects, as well as in manufacturing and shipping.
Below50 MT Lifting Capacities:
Below50 MT lifting capacities are used to measure the weight of material that can be lifted by a crane with a lower rated capacity than its own. The crane’s load limit is determined by the sum of its own rating plus the weights of all connected loads.
The below50 MT lifting capacities are utilized to determine whether or not two boom sizes match when converting between different lifts such as between truck.
50-100 MT Lifting Capacities:
50-100 MT lifting capacities are used in telescopic boom crane to lift load between 0-8,000 kg. The boom can be adjusted in height and angle using the control lever located at the top of the steering wheel. 50-100MT lifting capacity is also known as scissor lifts or hydraulic lifts.
The global market for telescopic boom cranes was valued at USD 19,300 million in 2016.
Application Insights:
The oil and gas segment dominated the global market in 2017. The boom crane is widely used in the oil and gas sector for various applications such as well completions, installation of production equipment, drilling operations, etc. In addition to this, these cranes are also used during offshore activities for installing wind turbines and other related equipment on ships.
The marine companies segment is expected to register a significant CAGR over the forecast period owing to increasing demand from deep-water exploration activities along with installations onshore at seaports around the world.
Regional Analysis:
North America dominated the global market in 2017. The boom crane market in North America is majorly driven by the increasing demand for Larger Telescopic Booms and Rising Demand For Oil And Gas Drilling Rigs. In addition, Increasing Workplace Safety Standards Mandates The Use Of Boom Cranes With Greater lifting capacities In U.S.
Growth Factors:
- Increasing demand for telescopic boom crane in the construction and infrastructure sector
- Rising demand for telescopic boom crane in the shipping and port industry
- Growing use of telescopic boom crane in the wind energy sector
- Increasing adoption of telescopic boom crane across various end-use industries
- Technological advancements leading to development of new and innovative models of telescopic boom cranes
Scope Of The Report
Report Attributes
Report Details
Report Title
Telescopic Boom Crane Market Research Report
By Type
Below50 MT Lifting Capacities, 50-100 MT Lifting Capacities, 101-200 MT Lifting Capacities, 201-300 MT Lifting Capacities, 301-400 MT Lifting Capacities, 401-500 MT Lifting Capacities, Above500 MT Lifting Capacities
By Application
Oil and Gas, Offshore Renewable Energy, Marine Companies, Others
By Companies
Techcrane, Kenz Figee, PALFINGER AG, Liebherr, HEILA CRANES, Allied Systems Company, Melcal Marine, HS.Marine, YMV Kreyn ve Makina SistemleriA.?, SHANGHAI HAOYO MACHINERY CO., LTD, OUCO Industry, Pellegrini
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Telescopic Boom Crane Market Report Segments:
The global Telescopic Boom Crane market is segmented on the basis of:
Types
Below50 MT Lifting Capacities, 50-100 MT Lifting Capacities, 101-200 MT Lifting Capacities, 201-300 MT Lifting Capacities, 301-400 MT Lifting Capacities, 401-500 MT Lifting Capacities, Above500 MT Lifting Capacities
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
Oil and Gas, Offshore Renewable Energy, Marine Companies, 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:
- Techcrane
- Kenz Figee
- PALFINGER AG
- Liebherr
- HEILA CRANES
- Allied Systems Company
- Melcal Marine
- HS.Marine
- YMV Kreyn ve Makina SistemleriA.?
- SHANGHAI HAOYO MACHINERY CO., LTD
- OUCO Industry
- Pellegrini
Highlights of The Telescopic Boom 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:
- Below50 MT Lifting Capacities
- 50-100 MT Lifting Capacities
- 101-200 MT Lifting Capacities
- 201-300 MT Lifting Capacities
- 301-400 MT Lifting Capacities
- 401-500 MT Lifting Capacities
- Above500 MT Lifting Capacities
- By Application:
- Oil and Gas
- Offshore Renewable Energy
- Marine Companies
- 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 Telescopic Boom 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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- 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?
A telescopic boom crane is a type of lifting equipment that consists of a long arm with a large diameter at the end, which can be extended to reach high places. It is typically used for moving heavy objects, such as construction materials or vehicles.
Some of the major companies in the telescopic boom crane market are Techcrane, Kenz Figee, PALFINGER AG, Liebherr, HEILA CRANES, Allied Systems Company, Melcal Marine, HS.Marine, YMV Kreyn ve Makina SistemleriA.?, SHANGHAI HAOYO MACHINERY CO., LTD, OUCO Industry, Pellegrini.
The telescopic boom crane market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telescopic Boom Crane 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. Telescopic Boom Crane Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telescopic Boom Crane Market - Supply Chain
4.5. Global Telescopic Boom Crane Market Forecast
4.5.1. Telescopic Boom Crane Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telescopic Boom Crane Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telescopic Boom Crane Market Absolute $ Opportunity
5. Global Telescopic Boom Crane 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. Telescopic Boom Crane Market Size and Volume Forecast by Type
5.3.1. Below50 MT Lifting Capacities
5.3.2. 50-100 MT Lifting Capacities
5.3.3. 101-200 MT Lifting Capacities
5.3.4. 201-300 MT Lifting Capacities
5.3.5. 301-400 MT Lifting Capacities
5.3.6. 401-500 MT Lifting Capacities
5.3.7. Above500 MT Lifting Capacities
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telescopic Boom Crane 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. Telescopic Boom Crane Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Offshore Renewable Energy
6.3.3. Marine Companies
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telescopic Boom Crane 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. Telescopic Boom Crane 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 Telescopic Boom Crane 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. Telescopic Boom Crane 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 Telescopic Boom Crane Demand Share Forecast, 2019-2026
9. North America Telescopic Boom Crane 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 Telescopic Boom Crane 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 Telescopic Boom Crane Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Offshore Renewable Energy
9.4.3. Marine Companies
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 Telescopic Boom Crane Market Size and Volume Forecast by Type
9.7.1. Below50 MT Lifting Capacities
9.7.2. 50-100 MT Lifting Capacities
9.7.3. 101-200 MT Lifting Capacities
9.7.4. 201-300 MT Lifting Capacities
9.7.5. 301-400 MT Lifting Capacities
9.7.6. 401-500 MT Lifting Capacities
9.7.7. Above500 MT Lifting Capacities
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 Telescopic Boom Crane Demand Share Forecast, 2019-2026
10. Latin America Telescopic Boom Crane 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 Telescopic Boom Crane 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 Telescopic Boom Crane Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Offshore Renewable Energy
10.4.3. Marine Companies
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 Telescopic Boom Crane Market Size and Volume Forecast by Type
10.7.1. Below50 MT Lifting Capacities
10.7.2. 50-100 MT Lifting Capacities
10.7.3. 101-200 MT Lifting Capacities
10.7.4. 201-300 MT Lifting Capacities
10.7.5. 301-400 MT Lifting Capacities
10.7.6. 401-500 MT Lifting Capacities
10.7.7. Above500 MT Lifting Capacities
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 Telescopic Boom Crane Demand Share Forecast, 2019-2026
11. Europe Telescopic Boom Crane 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 Telescopic Boom Crane 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 Telescopic Boom Crane Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Offshore Renewable Energy
11.4.3. Marine Companies
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 Telescopic Boom Crane Market Size and Volume Forecast by Type
11.7.1. Below50 MT Lifting Capacities
11.7.2. 50-100 MT Lifting Capacities
11.7.3. 101-200 MT Lifting Capacities
11.7.4. 201-300 MT Lifting Capacities
11.7.5. 301-400 MT Lifting Capacities
11.7.6. 401-500 MT Lifting Capacities
11.7.7. Above500 MT Lifting Capacities
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 Telescopic Boom Crane Demand Share, 2019-2026
12. Asia Pacific Telescopic Boom Crane 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 Telescopic Boom Crane 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 Telescopic Boom Crane Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Offshore Renewable Energy
12.4.3. Marine Companies
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 Telescopic Boom Crane Market Size and Volume Forecast by Type
12.7.1. Below50 MT Lifting Capacities
12.7.2. 50-100 MT Lifting Capacities
12.7.3. 101-200 MT Lifting Capacities
12.7.4. 201-300 MT Lifting Capacities
12.7.5. 301-400 MT Lifting Capacities
12.7.6. 401-500 MT Lifting Capacities
12.7.7. Above500 MT Lifting Capacities
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 Telescopic Boom Crane Demand Share, 2019-2026
13. Middle East & Africa Telescopic Boom Crane 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 Telescopic Boom Crane 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 Telescopic Boom Crane Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Offshore Renewable Energy
13.4.3. Marine Companies
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 Telescopic Boom Crane Market Size and Volume Forecast by Type
13.7.1. Below50 MT Lifting Capacities
13.7.2. 50-100 MT Lifting Capacities
13.7.3. 101-200 MT Lifting Capacities
13.7.4. 201-300 MT Lifting Capacities
13.7.5. 301-400 MT Lifting Capacities
13.7.6. 401-500 MT Lifting Capacities
13.7.7. Above500 MT Lifting Capacities
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 Telescopic Boom Crane Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telescopic Boom Crane Market: Market Share Analysis
14.2. Telescopic Boom Crane Distributors and Customers
14.3. Telescopic Boom Crane Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Techcrane
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kenz Figee
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PALFINGER AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Liebherr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HEILA CRANES
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allied Systems Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Melcal Marine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HS.Marine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. YMV Kreyn ve Makina SistemleriA.?
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SHANGHAI HAOYO MACHINERY CO., LTD
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OUCO Industry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pellegrini
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
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