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Germany mobile crane market size will be valued at USD 2027 million by 2027, growing at a compound annual growth rate (CAGR) of 4.15% by volume during 2021-2027
The German governments’ long-term plan for the residential construction industry and investment in infrastructure projects are the major factors supporting the mobile crane market growth. Despite the pandemic situation, the FDI investment in the machinery and equipment sector has attracted foreign investors considerably. This will support the growth of construction equipment including the mobile crane market in the country.
GERMANY MOBILE CRANE MARKET INSIGHTS
- Increasing focus on port infrastructure leading to the growing number of applications for mobile cranes.
- Increasing demand for the installation of solar heating systems in Germany would pump up mobile crane sales.
- 2018 European Attractiveness Survey report reveals that Germany is one of the most attractive business destinations across the world and ranked 1st within the European Union Countries
KEY HIGHLIGHTS FROM THE REPORT
- The government is taking several initiatives in the development of the exploration and extraction of mineral resources in Germany. The opening of new mines would boost the demand for mobile cranes used in the mining operation.
- Over the next two decades, retrofitting and refurbishment of existing infrastructure will account for a higher percentage of residential and commercial construction, altering on-site equipment requirements.
The report considers the present scenario of the Germany mobile crane market and market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Germany mobile crane market.
GERMANY MOBILE CRANE MARKET SEGMENTATION ANALYSIS
- Among the mobile cranes, crawler cranes are the largest. The demand for crawler cranes is largely driven as a result of increased investment in both building and civil engineering
- All-terrain cranes hold the major share and are majorly used in the construction and manufacturing sector. The government’s construction projects and infrastructure and real estate investment plans would result in a surge in demand for all-terrain cranes.
Segmentation by Crane Type
- Crawler Cranes
- Rough Terrain Cranes
- All-Terrain Cranes
- Truck Mounted Cranes
- Others
Segmentation by Application
- Construction
- Mining
- Transport/Port
- Manufacturing
- Others
Segmentation by Gross Power
- Less than 20 Tons
- 20-100 Tons
- 101-200 Tons
- Greater than 201 Tons
VENDOR LANDSCAPE
All the vendors in Germany are getting benefitted by the government initiatives that will fuel the mobile crane market. Tadano recently launched the AR-7000N, the highest lifting capacity All-Terrain Crane. Kobelco is also engaged in developing products and services that combine excavator and crane technologies with IT solutions. With the rise in demand for carbon-neutral products in the market, Konecranes’ is offering help and support to customers to shift to a low-carbon future reduce their environmental footprint through eco-efficient products and service solutions.
Key Vendors
- XCMG Group
- SANY Group
- Zoomlion Heavy Industry Science & Technology Co. Ltd
- Manitex International, Inc
- Tadano Ltd
- Manitowoc Cranes
- Kobelco Construction Machinery
- Konecranes
- Liebherr Group
- Terex Corporation
Other Prominent Vendors
- Mammoet
- Sarens
- Ormig SpA
- Link-Belt Cranes
- Kato Works Co Ltd
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 Germany 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 Germany crane market share
- Complete supply chain analysis
- Get COVID-19 impact analysis of the market
- Company Profile of 10 key vendors and 4 other prominent vendors
KEY QUESTIONS ANSWERED:
1. How big is the Germany mobile crane market?
2. What are the latest trends in the Germany mobile crane market?
3. Who are the key players in the German mobile crane industry?
4. What are the key opportunities in the mobile crane industry in Germany?
5. What are the different types of mobile cranes covered in the research report?
6. What are the factors driving the mobile cranes market in Germany?
Table of Contents
Companies Mentioned
- XCMG Group
- SANY Group
- Zoomlion Heavy Industry Science & Technology Co. Ltd
- Manitex International, Inc
- Tadano Ltd
- Manitowoc Cranes
- Kobelco Construction Machinery
- Konecranes
- Liebherr Group
- Terex Corporation
- Mammoet
- Sarens
- Ormig SpA
- Link-Belt Cranes
- Kato Works Co Ltd
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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