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The Europe crane market is expected to exhibit a CAGR of 3.1% 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 piece of industrial equipment used to lift and transport heavy loads, especially in the construction industry. It is also utilized in the transportation industry for loading and unloading freight. With innovations and advancements in technology, modern cranes are operated using hydraulic and internal combustion engine systems that offer greater lifting capabilities than the manually powered cranes, which used pulleys and ropes to lift objects.
The Europe crane market is primarily driven by a significant rise in the renting and leasing of construction equipment across the region. This has enabled end users to access and use construction equipment easily across various application segments. Additionally, the rapid development of the construction industry has attracted heavy investment in the cranes market. For instance, Germany accounts for the largest share in the European crane market. It has also witnessed an influx of refugees, which is stimulating the demand for residential buildings in urban areas. Furthermore, technological developments in the crane industry are also catalyzing the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe 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:
Breakup by Application:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Application, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
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|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)|
Key Questions Answered in This Report:
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