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Mobile Crane Market Growing Popularity Of Telescopic Crawlers 2021

 



(IT-NEWSWIRE.COM, July 19, 2018 ) A mobile crane is a lifting device, which incorporates a cable-controlled crane mounted on rubber-tired carriers or crawlers or a hydraulic-powered crane with a telescoping boom. It is designed for easy transportation between the various operating locations by road. It is designed to be used with different types of loads and cargo, with little or no setup or assembly. Mobile cranes are used widely in the engineering, construction, and infrastructure industries. These machines are used for loading, unloading, moving, shifting, and erecting materials. Mobile cranes lift, shift, and place loads, weighing five tons to more than 100 tons, from one point to another. Mobile cranes are available in various sizes and can be used in projects of all sizes because of the flexibility in application and low costs. The efficiency of mobile cranes lies in the amount of load they can carry and transfer.

Publisher's analysts forecast the global mobile crane market to grow at a CAGR of 3.89% during the period 2017-2021.

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One of the primary drivers for this market is the rapid growth in the power distribution sector across the globe. Mobile cranes are extensively used during construction and maintenance activities in power distribution. The increasing demand for energy is leading to the expansion and upgradation of power grids and distribution networks. The rising investments in the energy transmission and distribution (T&D) networks and the upgradation and expansion of existing networks will increase the demand for mobile cranes in the sector. The application of smart grid solutions for power transmission and expansion is also boosting the industry to upgrade existing systems. This rising demand from the power sector in expected to propel growth in the global mobile crane market during the forecast period.

Key vendors
- Liebherr Group
- Manitowoc
- XCMG
- Tadano
- Terex

Other prominent vendors
- Action Construction Equipment
- Altec Industries
- BAUER Aktiengesellschaft
- Böcker Maschinenwerke
- Broderson Manufacturing

Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001713484/buying

Market driver
- Expansion in industrial construction and maintenance.

Market challenge
- Lack of skilled and qualified crane operators.

Market trend
- Growing popularity of telescopic crawlers.

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/global-mobile-crane-market-2017-2021

ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

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