Some of the leading companies in the global market include :
Altec Industries
Bonfiglioli
Columbus Mckinnon Corporation
Hiab
Kato Works Co. Ltd.
Kobelco Construction Machinery
Konecranes
Manitex International
Manitowoc
Palfinger AG
Sany Group
Tadano Ltd.
Terex Corporation
XCM
Zoomlion.
These participants are mainly focusing on product innovation and development initiatives.
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The industry value of crane surpassed USD 7 billion in 2022 and is projected to expand at over 6% CAGR from 2023 to 2032.
The from fixed cranes segment is estimated to exceed USD 4 billion by 2032 due to the availability of a wide variety of fixed cranes featuring proximity sensors.
Asia Pacific market is expected to record more than 7% CAGR from 2023 to 2032, owing to the increasing investments in urban infrastructure.
Altec Industries, Bonfiglioli, Hiab, Konecranes, Manitex International, Manitowoc, Palfinger AG, Sany Group, Tadano Ltd., XCM, and Zoomlion are some of the major companies in crane global market.