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Overhead Cranes Market by Type (Single Girder and Double Girder), Business Type (OEM and Aftersales), and End User (Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A03711
Pages: 236
Dec 2020 | 11982 Views
 
Author(s) : Tanvi Pednekar , Onkar Sumant
Tables: 114
Charts: 71
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Overhead Cranes Market Statics - 2027

The overhead cranes market size is expected to reach $5,043.7 million in 2027, from $ 3,778.9 million in 2019, growing at a CAGR of 4.9% from 2020 to 2027. Overhead cranes or industrial cranes are mainly utilized for material handling applications in industrial spaces. It constitutes of a hoist and a trolley attached to a support structure which is also called a girder. The girder allows the trolley and the hoist to travel from side-to-side along the length of the crane. Overhead cranes are distinguished into two main types namely, single girder crane and double girder crane. Further, it finds application in automotive, aerospace, shipyards, paper, utility, and other industries. 

The COVID-19 pandemic has negatively affected the global overhead cranes market mainly due to the halt in international trade, prolonged lockdowns, and ceased manufacturing processes.

The rise in governmental investment for the development of infrastructural activities drives the growth of overhead cranes market. Under the ‘Industry 4.0’ plan, various players are adopting new digitization technologies in industrial spaces to enhance the output generated through industrial process. This has driven the demand for overhead cranes with electronic controls. Moreover, growing focus on workplace safety in industrial applications boost the growth of overhead cranes market. Overhead cranes are specialized equipment designed to lift and transfer bulky and heavy loads in industrial spaces. Inappropriate handling and lifting of such heavy goods can create risks for not only the object, which is lifted, but also the personnel working in the nearby space. In addition, overhead cranes also eliminate the need for forklifts which increases the working area in the factory. Such factors promote the demand for overhead cranes, which in turn drives the growth of the global overhead cranes industry. Furthermore, use of overhead cranes allows direct-path transportation over obstacles on the ground which offers smooth lifting operations. This helps in replacing the costs incurred on multiple forklifts and manual labor. Thus, driving the growth of the market.

Overhead-Cranes-Market-2020-2027

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However, lack of skilled labor and frequently fluctuating raw material prices are likely to hinder the growth of the overhead cranes market. These machines are difficult to operate and improper handling of the machine can result in occurrence of accidents and loss of material in industrial landscapes. Thus, the lack of skilled labor restrains the overhead cranes market growth significantly. In addition, the COVID-19 pandemic has shut-down the production and sales of overhead cranes, mainly owing to the prolonged lockdown in major global countries including the U.S., Italy, the UK, and others. This has hampered the growth of the market significantly within the past few months, as is expected to continue during 2020. Moreover, the lockdowns have also led to reduced demand for automotive products; thereby, hampering the mobility industry. 

Overhead Cranes Market
By Type

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Single girder segment is projected to grow at a significant CAGR

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On the contrary, increased adoption of automation in manufacturing industries is likely to create opportunities for the growth of overhead cranes industry. Advancements in manufacturing processes assist in generating high requirement for sophisticated machinery. This creates opportunities for the growth of the market during the forecast period.

Global overhead cranes market is segmented on the basis of type, business type, end user, and region. Based on type, the market is bifurcated into single girder and double girder. According to business type, the global market of overhead cranes is categorized into original equipment manufacturer (OEM) and aftersales. By application, the market is classified into automotive, metal & mining, paper, utility, aerospace, shipyards, and others. 

Overhead Cranes Market
By Business Type

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Aftersales segment is projected to grow at a significant CAGR

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The global overhead cranes market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest overhead cranes market share throughout the study period, and LAMEA is expected to grow at the fastest rate.

Competition Analysis

The key market players profiled in the report include ABUS Kransysteme GmbH, Columbus McKinnon Corporation (CMCO), EMH, Inc., GH Cranes & Components, Gorbel Cranes, Kito Corporation, Konecranes Plc, Ralf Teichmann GmbH, Sumitomo Heavy Industries Material Handling Systems Co., Ltd., and Weihua Group.

Overhead Cranes Market
By End-User Industry

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Automotive segment holds dominant position in 2019

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Many competitors in the overhead cranes market adopted acquisition as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in May 2016, the company Konecranes plc based in Finland acquired the Demag overhead crane business from the U.S. based Terex Corporation which is a leading manufacturer of material processing and lifting equipment. The acquisition has strengthened Konecranes position in the overhead cranes and port cranes industry. Similarly, in September 2019, Konecranes launched two new series of cranes including the S-series and M-series. The cranes provide real-time data and insights through the Konecranes consumer portal which increases the usage visibility and assists in anticipating maintenance requirements.

Overhead Cranes Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and is expected to grow at a highest rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global overhead cranes market trends and dynamics.  
  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive overhead cranes market opportunity analysis of all the countries is also provided in the report.
  • The global overhead cranes market forecast analysis from 2020 to 2027 is included in the report.
  • The key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry. 

Global Market Segments

By Type

  • Single Girder
  • Double Girder

By Business Type

  • Original Equipment Manufacturers (OEM)
  • Aftersales

By End User

  • Automotive
  • Metal & Mining
  • Paper
  • Utility
  • Aerospace
  • Shipyards
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets

3.3.Porter's five forces analysis
3.4.Market share analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in government investment in development of infrastructure activity
3.5.1.2.Growth in need for workplace safety in industrial applications
3.5.1.3.Higher time optimization and reduced labor cost

3.5.2.Restraints

3.5.2.1.Limited availability of skilled workforce to complete operation
3.5.2.2.Lead time in supply chain

3.5.3.Opportunity

3.5.3.1.Increase in investment in manufacturing sector

3.6.COVID-19 impact analysis

CHAPTER 4:OVERHEAD CRANES MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast, by type

4.2.Single girder

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Double girder

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:OVERHEAD CRANES MARKET, BY BUSINESS TYPE

5.1.Overview

5.1.1.Market size and forecast, by business type

5.2.Original equipment manufacturer (OEM)

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Aftermarket

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:OVERHEAD CRANES MARKET, BY END-USER INDUSTRY

6.1.Overview

6.1.1.Market size and forecast, by end-user industry

6.2.Automotive

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Metal & mining

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Manufacturing

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Aerospace

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Utilities

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

6.7.Shipyards

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis, by country

6.8.Others

6.8.1.Key market trends, growth factors, and opportunities
6.8.2.Market size and forecast, by region
6.8.3.Market analysis, by country

CHAPTER 7:OVERHEAD CRANES MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by business type
7.2.4.Market size and forecast, by end-user industry
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by type
7.2.5.1.2.Market size and forecast, by end-user industry
7.2.5.1.3.Market size and forecast, by business type

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by type
7.2.5.2.2.Market size and forecast, by end-user industry
7.2.5.2.3.Market size and forecast, by business type

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by type
7.2.5.3.2.Market size and forecast, by end-user industry
7.2.5.3.3.Market size and forecast, by business type

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by end-user industry
7.3.4.Market size and forecast, by business type
7.3.5.Europe market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by type
7.3.5.1.2.Market size and forecast, by end-user industry
7.3.5.1.3.Market size and forecast, by business type

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by type
7.3.5.2.2.Market size and forecast, by end-user industry
7.3.5.2.3.Market size and forecast, by business type

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by type
7.3.5.3.2.Market size and forecast, by end-user industry
7.3.5.3.3.Market size and forecast, by business type

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by type
7.3.5.4.2.Market size and forecast, by end-user industry
7.3.5.4.3.Market size and forecast, by business type

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by type
7.3.5.5.2.Market size and forecast, by end-user industry
7.3.5.5.3.Market size and forecast, by business type

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by end-user industry
7.4.4.Market size and forecast, by business type
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by type
7.4.5.1.2.Market size and forecast, by end-user industry
7.4.5.1.3.Market size and forecast, by business type

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by type
7.4.5.2.2.Market size and forecast, by end-user industry
7.4.5.2.3.Market size and forecast, by business type

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by type
7.4.5.3.2.Market size and forecast, by end-user industry
7.4.5.3.3.Market size and forecast, by business type

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.Market size and forecast, by type
7.4.5.4.2.Market size and forecast, by end-user industry
7.4.5.4.3.Market size and forecast, by business type

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by end-user industry
7.5.4.Market size and forecast, by business type
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by type
7.5.5.1.2.Market size and forecast, by end-user industry
7.5.5.1.3.Market size and forecast, by business type

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by type
7.5.5.2.2.Market size and forecast, by end-user industry
7.5.5.2.3.Market size and forecast, by business type

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by type
7.5.5.3.2.Market size and forecast, by end-user industry
7.5.5.3.3.Market size and forecast, by business type

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2019

8.2.Top winning strategies

CHAPTER 9:COMPANY PROFILES: OVERHEAD CRANES MARKET

9.1.ABUS Kransysteme GmbH

9.1.1.Company overview
9.1.2.Key Executive
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio

9.2.Columbus McKinnon Corporation

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance
9.2.8.Key strategic moves and developments

9.3.EMH, Inc

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.R&D expenditure
9.3.7.Business performance
9.3.8.Key strategic moves and developments

9.4.GH Cranes & Components

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.Gorbel Cranes

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Business performance
9.5.6.Key strategic moves and developments

9.6.Kito Corp

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.Konecranes

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D Expenditure
9.7.7.Business performance

9.8.Ralf Teichmann GmbH

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio

9.9.Sumitomo Heavy Industries Material Handling Systems Co.,Ltd.

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance

9.10.Weihua Group

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance

LIST OF TABLES

Table 01.GLOBAL Overhead cranes market, By type, 2019-2027 ($MILLION)
Table 02.Single girder Overhead cranes market REVENUE, by region 2019–2027($MILLION)
Table 03.double girder Overhead cranes market REVENUE, by region 2019–2027($MILLION)
Table 04.GLOBAL Overhead cranes market REVENUE, by business type, 2019-2027 ($million)
Table 05.Overhead cranes market REVENUE FOR OEM, by region 2019–2027($MILLION)
Table 06.Overhead cranes market REVENUE FOR aftermarket, by region 2019–2027($MILLION)
Table 07.GLOBAL Overhead cranes market REVENUE, by end-user industry, 2019-2027 ($million)
Table 08.Overhead cranes market REVENUE FOR residential and commercial building, by region 2019–2027($MILLION)
Table 09.Overhead cranes market REVENUE FOR metal & mining, by region 2019–2027($MILLION)
Table 10.Overhead cranes market REVENUE FOR Manufacturing, by region 2019–2027($MILLION)
Table 11.Overhead cranes market REVENUE FOR Aerospace, by region 2019–2027($MILLION)
Table 12.Overhead cranes market REVENUE FOR Utilities, by region 2019–2027($MILLION)
Table 13.Overhead cranes market REVENUE FOR Shipyards, by region 2019–2027($MILLION)
Table 14.Overhead cranes market REVENUE FOR Others, by region 2019–2027($MILLION)
Table 15.Global Overhead cranes market REVENUE, by region 2019–2027$million)
Table 16.North America Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 17.North America Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 18.North America Overhead cranes market revenue, by end-user industry, 2019–2027($MILLION)
Table 19.North America Overhead cranes market revenue, by country 2019–2027($MILLION)
Table 20.U.S. Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 21.U.S. Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 22.U.S. Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 23.Canada overhead cranes market revenue, by type 2019–2027($MILLION)
Table 24.Canada Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 25.Canada Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 26.Mexico overhead cranes market revenue, by type 2019–2027($MILLION)
Table 27.Mexico Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 28.Mexico Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 29.europe Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 30.europe Overhead cranes market revenue, by end-user industry, 2019–2027($MILLION)
Table 31.europe Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 32.Europe Overhead cranes market revenue, by country 2019–2027($MILLION)
Table 33.Germany Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 34.germany Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 35.germany Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 36.UK Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 37.UK Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 38.UK Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 39.FRANCE Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 40.FRANCE Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 41.FRANCE Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 42.ITALY Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 43.ITALY Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 44.ITALY Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 45.REST OF EUROPE Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 46.REST OF EUROPE Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 47.REST OF EUROPE Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 48.Asia-pacific Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 49.Asia-pacific Overhead cranes market revenue, by end-user industry, 2019–2027($MILLION)
Table 50.Asia-pacific Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 51.asia-pacific Overhead cranes market revenue, by country 2019–2027($MILLION)
Table 52.CHINA Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 53.CHINA Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 54.CHINA Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 55.JAPAN Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 56.JAPAN Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 57.JAPAN Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 58.INDIA Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 59.INDIA Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 60.INDIA Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 61.REST OF ASIA-PACIFIC Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 62.REST OF ASIA-PACIFIC Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 63.REST OF ASIA-PACIFIC Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 64.LAMEA Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 65.LAMEA Overhead cranes market revenue, by end-user industry, 2019–2027($MILLION)
Table 66.LAMEA Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 67.LAMEA Overhead cranes market revenue, by country 2019–2027($MILLION)
Table 68.LATIN AMERICA Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 69.LATIN AMERICA Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 70.LATIN AMERICA Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 71.MIDDLE EAST Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 72.MIDDLE EAST Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 73.MIDDLE EAST Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 74.AFRICA Overhead cranes market revenue, by type 2019–2027($MILLION)
Table 75.AFRICA Overhead cranes market revenue, by end-user industry 2019–2027($MILLION)
Table 76.AFRICA Overhead cranes market revenue, by business type 2019–2027($MILLION)
Table 77.ABUS: KEY EXECUTIVE
Table 78.ABUS: company Snapshot
Table 79.ABUS: Operating segments
Table 80.ABUS: PRODUCT portfolio
Table 81.Columbus: KEY EXECUTIVES
Table 82.Columbus: company Snapshot
Table 83.Columbus: Operating segments
Table 84.Columbus: PRODUCT portfolio
Table 85.EMH: KEY EXECUTIVES
Table 86.EMH: company Snapshot
Table 87.EMH: Operating segments
Table 88.EMH: PRODUCT portfolio
Table 89.GH Cranes: KEY EXECUTIVES
Table 90.GH Cranes: company Snapshot
Table 91.GH Cranes: Operating segments
Table 92.GH Cranes: PRODUCT portfolio
Table 93.GORBEL: KEY EXECUTIVES
Table 94.GORBEL: company Snapshot
Table 95.GORBEL: PRODUCT portfolio
Table 96.Kito: KEY EXECUTIVES
Table 97.Kito: company Snapshot
Table 98.Kito: Operating segments
Table 99.Kito: PRODUCT portfolio
Table 100.Konecranes: KEY EXECUTIVES
Table 101.Konecranes: company Snapshot
Table 102.Konecranes: Operating segments
Table 103.Konecranes: PRODUCT portfolio
Table 104.RALF TEICHMANN : KEY EXECUTIVES
Table 105.RALF TEICHMANN : company Snapshot
Table 106.Ralf Teichmann : PRODUCT portfolio
Table 107.Sumitomo: KEY EXECUTIVES
Table 108.Sumitomo: company Snapshot
Table 109.Sumitomo: Operating segments
Table 110.Sumitomo: PRODUCT portfolio
Table 111.Weihua: KEY EXECUTIVE
Table 112.Weihua: company Snapshot
Table 113.Kobe Steel Ltd.: Operating segments
Table 114.Weihua: PRODUCT portfolio

LIST OF FIGURES

Figure 01.Key market segments
Figure 02.executive summary
Figure 03.Top IMPACTING FACTORS
Figure 04.Top investment pockets
Figure 05.Moderate to high bargaining power of suppliers
Figure 06.Low to moderate bargaining power of buyers
Figure 07.Moderate to high threat of substitutes
Figure 08.Low to moderate threat of new entrants
Figure 09.Moderate intensity of rivalry
Figure 10.Market share analysis
Figure 11.GLOBAL Overhead cranes market, By type, 2019-2027
Figure 12.COMPARATIVE SHARE ANALYSIS OF Single girder Overhead cranes market REVENUE, BY COUNTRY,  2019 & 2027 (%)
Figure 13.COMPARATIVE SHARE ANALYSIS OF double girder Overhead cranes market, BY COUNTRY, 2019 & 2027 (%)
Figure 14.GLOBAL Overhead cranes market, By business type, 2019–2027
Figure 15.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for OEM, BY COUNTRY, 2019 & 2027 (%)
Figure 16.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for aftermarket, BY COUNTRY, 2019 & 2027 (%)
Figure 17.GLOBAL Overhead cranes market, By end-user industry, 2019–2027
Figure 18.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for automotive, BY COUNTRY, 2019 & 2027 (%)
Figure 19.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for metal & mining, BY COUNTRY,  2019 & 2027 (%)
Figure 20.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for Manufacturing, BY COUNTRY,  2019 & 2027 (%)
Figure 21.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for Aerospace, BY COUNTRY,  2019 & 2027 (%)
Figure 22.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for Utilities, BY COUNTRY, 2019 & 2027 (%)
Figure 23.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for Shipyards, BY COUNTRY, 2019 & 2027 (%)
Figure 24.COMPARATIVE SHARE ANALYSIS OF Overhead cranes market for Others, BY COUNTRY, 2019 & 2027 (%)
Figure 25.GLOBAL Overhead cranes market, By region, 2019–2027
Figure 26.U.S. Overhead cranes market revenue, 2019–2027($million)
Figure 27.Canada Overhead cranes market revenue, 2019–2027($million)
Figure 28.Mexico Overhead cranes market revenue, 2019–2027($million)
Figure 29.Germany Overhead cranes market revenue, 2019–2027($million)
Figure 30.UK Overhead cranes market revenue, 2019–2027($million)
Figure 31.FRANCE Overhead cranes market revenue, 2019–2027($million)
Figure 32.ITALY Overhead cranes market revenue, 2019–2027($million)
Figure 33.Rest of Europe Overhead cranes market revenue, 2019–2027($million)
Figure 34.china Overhead cranes market revenue, 2019–2027($million)
Figure 35.Japan Overhead cranes market revenue, 2019–2027($million)
Figure 36.India Overhead cranes market revenue, 2019–2027($million)
Figure 37.rest of asia-pacific Overhead cranes market revenue, 2019–2027($million)
Figure 38.latin america Overhead cranes market revenue, 2019–2027($million)
Figure 39.Middle east Overhead cranes market revenue, 2019–2027($million)
Figure 40.africa Overhead cranes market revenue, 2019–2027($million)
Figure 41.market player positioning, 2019
Figure 42.Top WINNING STRATEGIES, BY YEAR, 2017-2020
Figure 43.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
Figure 44.TOP WINNING STRATEGIES, BY Company, 2017–2020 (%)
Figure 45.Columbus: R&D Expenditure, 2017–2019 ($MILLION)
Figure 46.Columbus: Revenue, 2017–2019 ($MILLION)
Figure 47.Columbus: Revenue share by segment, 2019 (%)
Figure 48.Columbus: Revenue SHARE BY REGION, 2019 (%)
Figure 49.EMH: R&D Expenditure, 2017–2019 ($MILLION)
Figure 50.EMH: Revenue, 2017–2019 ($MILLION)
Figure 51.EMH: Revenue share by segment, 2019 (%)
Figure 52.EMH: Revenue SHARE BY REGION, 2019 (%)
Figure 53.GH Cranes: R&D Expenditure, 2017–2019 ($MILLION)
Figure 54.GH Cranes: Revenue, 2017–2019 ($MILLION)
Figure 55.GH Cranes: Revenue share by segment, 2019 (%)
Figure 56.GH Cranes: Revenue SHARE BY REGION, 2019 (%)
Figure 57.GORBEL: net Sales, 2017–2019 ($MILLION)
Figure 58.GORBEL: Revenue SHARE BY REGION, 2019 (%)
Figure 59.Kito: Revenue, 2018–2020 ($MILLION)
Figure 60.Kito: Revenue SHARE BY segment, 2020 (%)
Figure 61.Kito: Revenue SHARE BY REGION, 2020 (%)
Figure 62.Konecranes: R&D Expenditure, 2017–2019 ($MILLION)
Figure 63.Konecranes: Revenue, 2017–2019 ($MILLION)
Figure 64.Konecranes: Revenue share by segment, 2019 (%)
Figure 65.Konecranes: Revenue SHARE BY REGION, 2019 (%)
Figure 66.SUMITOMO: R&D Expenditure, 2017–2019 ($MILLION)
Figure 67.Sumitomo: Revenue, 2017–2019 ($MILLION)
Figure 68.Sumitomo: Revenue share by segment, 2019 (%)
Figure 69.Sumitomo: Revenue SHARE BY REGION, 2019 (%)
Figure 70.Weihua: Revenue, 2017–2019 ($MILLION)
Figure 71.Weihua: Revenue share by segment, 2019 (%)

 
 

China is the largest shareholder of the overhead cranes industry, owing to the large manufacturing infrastructure and a strong foothold in the manufacturing industry. In addition, the Government of China also promotes the automotive manufacturing industry by providing investments in electric and hybrid cars to increase the electric vehicle fleet in the country. This has driven the demand for overhead cranes in China, which further boosts the overhead cranes industry. However, major players such as Konecranes plc based in Finland, Columbus McKinnon Corporation based in the U.S., Kito Cranes headquartered in Japan, and few others still have a strong presence in the overhead cranes market. 

Moreover, the advancements in automation technologies and increasing investments on infrastructural development of industries boosts the demand for overhead cranes. Overhead cranes are highly efficient and consume minimum space on the industry floor. This reduces the traffic on the working area and reduces the time incurred on transit of heavy loads and materials. Further, through the use of internet of things (IoT) technologies, operator can collect real-time data from the crane and also predict its operational efficiency. This not only reduces the possibilities of accidents, but also allows scheduled maintenance of the equipment, which in turn increases the productivity of the crane.

Many competitors in the overhead cranes market adopted product launch as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in May 2016, the company Konecranes plc based in Finland acquired the Demag overhead crane business from the U.S. based Terex Corporation, which is a leading manufacturer of material processing and lifting equipment. The acquisition has strengthened Konecranes position in the overhead cranes and port cranes industry. Similarly, in September 2019, Konecranes launched two new series of cranes including the S-series and M-series. The cranes provide real-time data and insights through the Konecranes consumer portal, which increases the usage visibility and assists in anticipating maintenance requirements.
 

 
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A. On the basis of type, the single girder segment is expected to be the most influencing segment growing in the global overhead cranes market report.

A. Based on the business type, in 2019, the original equipment manufacturers (OEM) segment generated the highest revenue, accounting for 69.1% of the market, and is projected to grow at a CAGR of 4.5% from 2020 to 2027.

A. To get latest version of overhead cranes market report can be obtained on demand from the website.

A. The base year considered in the global overhead cranes market is 2019.

A. No, the report does not provide Value Chain Analysis for the global overhead cranes market. However, it provides market share analysis for the top players in the overhead cranes market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. The global overhead cranes market size was $3,778.9 million in 2019 and is projected to reach $5,043.7 million in 2027, growing at a CAGR of 4.9% from 2020 to 2027.

A. The forecast period considered for the global overhead cranes market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of global overhead cranes market is $3,608.8 million in 2020. The decline is mainly due to the COVID-19 pandemic and the contraction of construction industry.

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