Wheel Crane Market
Wheel Crane Market Global Industry Assessment & Forecast
Segments Covered
- By Type Truck-mounted, Sidelifter, All Terrain, Rough Terrain, Telescopic Handler
- By Application Oil & Gas, Utilities, Construction, Shipping & Port Building, Other End Users
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 16.23 Billion |
Revenue 2028: | 26.56 Billion |
Revenue CAGR (2021 - 2028): | 6.35 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2015 to 2019 |
3. | Forecast Data | 2021 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Wheel Crane in terms of revenue?
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The global Wheel Crane valued at 16.23 Billion in 2020 and is expected to reach 26.56 Billion in 2028 growing at a CAGR of 6.35%.
Which are the prominent players in the market?
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The prominent players in the market are XCMG Construction Machinery, Hitachi Sumitomo Heavy Industries Construction Crane, The Manitowoc Company, KATO WORKS, Liebherr Group, Terex Corporation, Sany Heavy Industry, Tadano, Zoomlion Heavy, Industry Science and Technology, Kobelco Construction Machinery..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.35% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Wheel Crane include
- The primary factor that is driving the wheel cranes market is the increasing mega constructional activities in several developing regions and the increasing demand for the smart cities. The major factors that favors the growth of the market is rise in the investments that are made by the private sector organizations and the government for the infrastructural development. Furthermore, the growing demand for the high capacity lifting triggers the demand for the specialized products which include mobile cranes which is also expected to support the growth of the market in the years to come.
- The rising demand for the wheel crane from the emerging economies of Asia Pacific such as India, China, Indonesia, and Thailand is also expected to fuel the growth of the wheel crane market in the years to come.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Wheel Crane in 2020.