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The India crane market is expected to exhibit moderate growth during 2021-2026. 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 machinery extensively used in the transport industry to load and unload freight and in the manufacturing industry for assembling heavy machinery. This piece of machinery is powered by hydraulics and internal combustion engine systems that provide greater lifting capabilities. In India, cranes are employed to construct all types of structures ranging from high-rise office building to modular home constructions.
The India crane market is primarily driven by the increasing construction and infrastructural activities in the country. Cranes are used in various processes and discrete industries like power, oil and gas, civil engineering, construction, and petrochemical industries to lift and transport heavy materials that are beyond manual labor capability. Furthermore, the Government of India is spending a considerable amount of money on the development of the nation’s infrastructure like roads, airports, railways, commercial spaces, and housing establishments, which is positively impacting the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the India crane market report, along with forecasts for growth at the regional level from 2021-2026. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Application, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
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