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USA Overhead Cranes Market

USA Overhead Cranes Market Analysis – By Solutions (Products, Services), By End User (Automotive , Metal & Mining , Paper, Utility, Aerospace , Shipyards ,Others ), By Country – Industry Size, Share, Growth Analysis and Forecast to 2025

  • ID : 1561512803  |  
  • Published : May-2019  |  
  • Region : North America  |  
  • Pages : 150   |  
  • Publisher : Research Cosmos

USA Overhead Cranes Market Size and Growth Rate:

According to the Research Report, the USA Overhead Cranes Market Size was valued at USD 1.31 Billion in 2017 and was expected to Reach USD XX billion with a CAGR of 4.5% from 2018 to 2025.

The US overhead cranes market is expected to observe a lucrative growth in the coming years owing to the rise in infrastructural projects and broad application in manufacturing and auto industry. Developed manufacturing industry in this nation is anticipated to create more demand for bridge cranes over the forecast period.

USA Overhead Cranes Market  Drivers and Restraints:

The primary factors of the overhead crane include lifting capacity, lifting height, working level, working rate, and span. The most commonly used series are 5 ton, 12 ton, 18 ton, 22 ton, 32 ton, and 50 ton. Single-girder overhead cranes held higher market share in the 2017 and expected to grow over the projection period. Single girder overhead cranes are widely used in many applications. Easier installation, lower support & service cost, lower production cost, cost-effective for light to medium duty cranes, and low support structure cost due to cheaper overall weight properties makes this crane most favored. However, lower capacity rating and reduced hook height may hinder market growth.

Each type has its unique features and application area. Higher capacity and most spans, extra hook height, and ideal for lifting heavy equipment components of double-girder overhead cranes are anticipated to add market growth over the forecast period. However, complexity design of those cranes leads to high cost.

Gantry cranes are expected to start with fastest CAGR over the forecast period owing to the growing transportation by sea. Gantry cranes are widely used in the marine operation. This type of crane is usually deployed in the shipbuilding industry. These types of cranes are also deployed for material handling at the seaport. Capacity strength, custom height, flow benefits are anticipated to add market growth over the coming years.

The U.S. overhead crane industry is anticipated to possess huge potential owing to growing concern about product safety, increasing process efficiency, and increasing demand from end user industries. Industrial division is expected to grow over the forecast period owing to the growth of the automobile and manufacturing sector in the foreseeable future. In the automobile industry, these cranes are used for raising heavy materials such as chassis, the body of the vehicle and other related parts, facilitating smooth movement of material with lower damage.

USA Overhead Cranes Market Regional Analysis:

Region wise, the market is analyzed across North America. In 2017, North America  contributed the highest share in the overhead cranes market, and is anticipated to secure the leading position during the forecast period, owing to the presence of key manufacturing companies and large investment in the manufacturing sector.

Some of the Promising companies leading the USA Overhead Cranes Market profiled in the Report are:

  • ABUS Kransysteme GmbH
  • Cargotec
  • Columbus McKinnon Corporation
  • Engineered Material Handling Inc.
  • GH Cranes & Components
  • Gorbel Cranes
  • KITO Corp.
  • Konecranes Plc.
  • Sumitomo Heavy Industries Ltd.
  • Weihua Group

This research report includes following segmentation for the USA Overhead Cranes Market size and forecast until 2025:

USA Overhead Cranes Market - By Solutions:

  • Product

    • Bridge Crane
    • Gantry Crane   
    • Others  

  • Services

    • Maintenance
    • Repair   
    • Other   

USA Overhead Cranes Market - By End User:

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

USA Overhead Cranes Market – By Region:

  • North America

    • United States
    • Canada
    • Mexico

Table of Contents:

  1. Introduction                                                                      
  2. Research Methodology                                                                   

    1. Analysis Design                                             

      1. Research Phases                                                            
      2. Secondary Research                                  
      3. Primary Research                                      
      4. Expert Validation                                       

    2. Study Timeline                                                

  3. Overview                                                                         

    1. Executive Summary                                                      
    2. Key Inferences                                                
    3. New Developments                                                      

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                             

    1. USA Overhead Cranes Market Drivers                      
    2. USA Overhead Cranes Market Restraints                                                         
    3. Key Challenges                                               
    4. Current Opportunities in the USA Overhead Cranes Market

  5. USA Overhead Cranes MarketSegmentation                                                                    

    1. By Solutions

      1. Product

        1. Bridge Crane
        2. Gantry Crane   
        3. Others  

      2. Services

        1. Maintenance
        2. Repair   
        3. Other   

    2. By End User

      1. Automotive   
      2. Metal & Mining   
      3. Paper   
      4. Utility   
      5. Aerospace   
      6. Shipyards   
      7. Others

  6. Geographical Analysis 

    1. North America USA Overhead Cranes Market

      1. United States  
      2. Canada
      3. Mexico                          

  7. Strategic Analysis                                                            

    1. PESTLE analysis                                             

      1. Political                                     
      2. Economic                                   
      3. Social                                          
      4. Technological                             
      5. Legal                                          
      6. Environmental                                            

    2. Porter’s five analysis                                                    

      1. Bargaining Power of Suppliers                                  
      2. Bargaining Power of Consumers                               
      3. The threat of New Entrants                             
      4. The threat of Substitute Products and Services                               
      5. Competitive Rivalry within the Industry          

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. USA Overhead Cranes Market Leaders' Analysis      

    1. ABUS Kransysteme GmbH

      1. Product Analysis                         
      2. Strategic Evaluation and Operations                                   
      3. Financial analysis                        
      4. Legal issues                                
      5. Recent Developments                
      6. SWOT analysis                           
      7. Analyst View      

    2. Cargotec
    3. Columbus McKinnon Corporation
    4. Engineered Material Handling Inc.
    5. GH Cranes & Components
    6. Gorbel Cranes
    7. KITO Corp.
    8. Konecranes Plc.
    9. Sumitomo Heavy Industries Ltd.
    10. Weihua Group

  9. Competitive Landscape                                                                   

    1. USA Overhead Cranes Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                  
    3. Agreements, collaborations and Joint Ventures                                                       
    4. New Product Launches                                                  

  10. Expert Opinions                                                            

    1. USA Overhead Cranes MarketOutlook                                                             
    2. Investment Opportunities                                                           

  11. Appendix                                                             

    1. List of Tables                          
    2. List of Figures

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