Market Overview:
The Asia Pacific crane market is expected to exhibit a CAGR of 6.18% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A crane is a type of construction machine that is used for lifting and transporting heavy loads. It consists of a hoist rope, wire ropes, and sheaves that assist in raising or lowering the loads and move them horizontally. Earlier, cranes were manually powered by workers and used pulleys and ropes to lift objects. Nowadays, advanced cranes utilize hydraulic and internal combustion engine systems, which provide greater lifting capabilities.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The Asia Pacific crane market is primarily driven by increasing construction and infrastructural activities. Consequently, several countries, including China, India and Australia, are witnessing an escalated demand for cranes. The use of cranes across a wide range of industries like power, oil and gas, civil engineering, construction, and petrochemical is propelling the growth of the market. Besides this, the ongoing construction of smart cities in emerging regions, particularly in India and China, have also escalated the market growth. Apart from this, there have been developments in crane technologies are projected to positively impact the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific crane market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type and application.
Breakup by Product Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Mobile Cranes
- Marine and Port Cranes
- Fixed Cranes
Breakup by Application:
- Construction and Infrastructure
- Mining
- Oil and Gas
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Million |
Segment Coverage |
Product Type, Application, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |