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In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this United Kingdom Crane Market Strategic Assessment & Forecast ReportSpeak directly to the analyst to clarify any post sales queries you may have.
United Kingdom crane market size will be valued at USD 1329 million growing at a compound annual growth rate (CAGR) of 4.61% by volume during 2021-2027
The adoption of intelligent systems driven by IoT and data analysis for service, networking, and sustainability, the crane market is transitioning to become a more innovative industry. The United Kingdom crane market is expected to show an incremental growth of 1,519 units during the forecast period. US and India are the largest investors across the UK. Software & computer services, financial services are some major FDI drawing industries in the UK.
UNITED KINGDOM CRANE MARKET INSIGHTS
- The rise in construction activities in health care and clean energy projects will drive the demand for cranes in the UK.
- In the UK, the rental business is developing rapidly. With most OEMs offering rental services in this space, a major part of the rental equipment market in the UK is dominated by unorganized players.
- The UK is the 5th largest importer of mobile cranes across the globe. The demand for mobile cranes has increased in 2021 due to the rise in residential and hospital construction activities.
KEY HIGHLIGHTS FROM THE REPORT
- The demand for mini/compact cranes is expected to increase in the coming years as they are feasible due to their compact size and rising market growth.
- With the rise in automation technology, smart cranes are gaining high traction across the UK crane market.
UNITED KINGDOM CRANE MARKET - SEGMENTATION ANALYSIS
- Cranes used in the construction industry accounted for the largest market share, pertaining to large government expenditure on construction projects.
- The demand for mobile cranes is largely driven to address high-end works for urban and infrastructure development.
Market Segmentation by Crane Type
- Mobile Crane
- Crawler Cranes
- Rough Terrain Cranes
- All-Terrain Cranes
- Truck Mounted Cranes
- Others
- Fixed Cranes
- Overhead Cranes
- Tower Cranes
Market Segmentation by Application
- Construction
- Mining
- Transport/Port
- Manufacturing
- Others
Market Segmentation by Gross Power
- Less than 20 Tons
- 20-100 Tons
- 101-200 Tons
- Greater than 201 Tons
VENDOR LANDSCAPE
The ability of vendors to finance the procurement of parts and components required to manufacture and operate cranes is influenced by the purchasing power of contractors. The increase in government investments in various infrastructure development projects such as National Health Plan, Birmingham’s city plan projects, Cross rail projects, and HS2 rail line projects will increase the demand for mobile Cranes in the UK.
Key Vendors
- Tadano manufactures construction cranes
- Manitex International
- Manitowoc
- SANY
- Kobelco
- Liebherr
- Konecranes
- Terex corporation
- Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
Other Prominent Vendors
- Mammoet
- Sarens
- Ormig S.p.A.
- Link-Belt Cranes
- Kato Works
Distributors:
- Weldex
- Crowland Cranes Ltd
- NRC Plant
WHY SHOULD YOU BUY THIS REPORT?
This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:
- Volume (Unit sales)
- Crane Type
- Application
- Gross Power
- Value (USD)
- Crane Type
- Application
- Gross Power
- Gain competitive intelligence about the economic scenario, advantages in United Kingdom major projects and investments, dynamics, and market share
- Examples of latest technologies
- Get presentation-ready format and easy-to-interpret data
- Enable decision-makers to make informed and profitable choices
- Gain expert quantitative and qualitative analysis on value/volume growth projections of the United Kingdom crane market share
- Complete supply chain analysis
- Get COVID-19 impact analysis of the market
- Company Profile of 9 key vendors and 5 other prominent vendors
KEY QUESTIONS ANSWERED:
1. How big is the United Kingdom crane market?
2. What are the latest trends in the United Kingdom crane market?
3. Who are the key players in the United Kingdom crane industry?
4. What are the key opportunities in the mobile crane industry in the United Kingdom?
5. Which segment accounted for the highest share in the United Kingdom crane Industry?
6. What are the different types of cranes covered in the research report?
Table of Contents
Section 1 - Introduction
Section 2 - The Market Overview
Section 3- Technological Advancements
Section 4 Market Dynamics
Section 5 - UK Crane Market (Type & Application)
Section 6 - Competitive Landscape
Section 7 - Report Summary
Section 8 - Appendix
LIST OF EXHIBITS
LIST OF TABLES
Companies Mentioned
- Tadano manufactures construction cranes
- Manitex International
- Manitowoc
- SANY
- Kobelco
- Liebherr
- Konecranes
- Terex corporation
- Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
- Mammoet
- Sarens
- Ormig S.p.A.
- Link-Belt Cranes
- Kato Works
- Weldex
- Crowland Cranes Ltd
- NRC Plant
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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