Global Mobile Cranes Market Size, Share & Trends Analysis Report, By Product Type (Truck Mounted Crane, Crawler Crane, and Trailer Mounted Crane), By Application (Construction, Industrial, and Utility) and Forecast, 2020-2026
Orion Market Research
Global Mobile Cranes Market Share, Size, Future
Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404
The global mobile cranes are estimated to grow at a CAGR of 5.9% during the forecast period.
The growing construction industry is reflecting positively on the market growth. As per the India
Brand Equity Foundation (IBEF), the Indian real estate sector is one of the most globally known
sectors, which consists of four sub-sectors, including hospitality, housing, commercial, and retail.
The growing real estate market in India is primarily led by urban and semi-urban accommodations
and the rising demand for office space.
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Indian real estate market will grow to $9.3 billion by 2040 from $1.7 billion in 2019. The favorable
demographic shift has also propelled the growth in the real estate sector. Mobile cranes are the
most basic kind of crane and contain telescopic boom mounted and steel truss on some type of
mobile platform. This platform could be a rail, wheeled, or even a cat truck. A tower crane is
regarded as a new kind of balance crane. While fixed to the ground, this kind of crane will
normally provide the best lifting and height capabilities. These cranes are also used while
constructing tall buildings.
Scope of the Global Mobile Cranes Market
• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type and Application
• Regions Covered- North America, Europe,