Global Carry Deck Crane Market Research Report: Information by Capacity (Less than 5 Tons, 5 Tons to 10 Tons, 10 Tons to 15 Tons, 15 Tons to 20 Tons, 20 Tons to 50 Tons and Above 50 tons), Application (Construction & Infrastructure, Manufacturing, Mining and others) and Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa) - Forecast till 2025
Carry Deck Crane Market Research Report - Global Forecast 2025
Global carry deck crane market is expected to witness sustainable growth during the forecast period owing to the growth of the construction equipment and mining industries. Many developing nations are introducing various reforms and regulations for boosting the infrastructure and real estate, which, in turn, drives the demand for carry deck cranes for residential and commercial buildings, globally. However, market growth is expected to be hindered by the fluctuating prices of raw materials, such as iron and steel.
The construction & infrastructure segment is expected to occupy the largest share in the global carry deck crane market.
Based on application, the global carry deck crane market is segmented as construction & infrastructure, manufacturing industries, mining, and others. The construction & infrastructure segment accounted for the largest market share in 2018, which is expected to witness the fastest growth during the forecast period.
Key Players
The prominent players in the global carry deck crane market are Broderson Manufacturing Corp. (US), LIFT SYSTEMS, INC. (US), Bailey Specialty Crane and Aerials, LLC (US), Manitowoc (US), and Manitex International, Inc. (US).
Global Carry Deck Crane Market: Segmentation
The global carry deck crane industry has been segmented based on capacity and application. Based on capacity, the global market has been segmented into less than 5 tons, 5 tons to 10 tons, 10 tons to 15 tons, 15 tons to 20 tons, 20 tons to 50 tons, and above 50 tons. The 20 tons to 50 tons segment held the largest market share of the global carry deck crane market in 2018 and is expected to witness the highest CAGR during the forecast period. Cranes included under this capacity segment are extensively used for applications in construction and manufacturing industries. Large construction sites have dedicated storage areas for heavy concrete and iron bars, and carry deck cranes are used to lift, transport, and deliver these items to the designated sites.
Scope of the Report
This study provides an overview of the global carry deck crane market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global carry deck crane market by material, application, and region.
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