Los Angeles, CA -- (SBWIRE) -- 09/17/2019 -- The cranes market in Asia Pacific held the largest market share in 2017. Asia Pacific being the most rapidly growing market offers a huge opportunity for agricultural equipment manufacturers owing to the enormous development in the farm machinery segment. This is driven by the increased demand for the mechanization of farms to address the needs of the growing population. Several governments provide support to increase the productivity in the agriculture sector through the automation of farming methods. India and China are the major markets for cranes in Asia Pacific. Moreover, the rapid development of industries such as construction, agriculture, infrastructure, and mining drives the market for cranes in India and Australia.
The global Crane and Hoist market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 4.9% between 2019 and 2025.
This report studies the Crane and Hoist market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Crane and Hoist in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Konecranes
Terex
Liebherr
Manitowoc
Cargotec
Zoomlion
Ingersoll Rand
Columbus Mckinnon
Kito
Tadano
Komatsu
XCMG
Mammoet
Palfinger
ZPMC
By the product type, the market is primarily split into
Wire Rope
Roller load Chain
Welded Link Load Chain
Others
By the end users/application, this report covers the following segments
Aerospace and Defense
Automotive & Railway
Mining
Construction
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