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Fixed Cranes Market Trends

  • Report ID: GMI9327
  • Published Date: May 2024
  • Report Format: PDF

Fixed Cranes Market Trends

An emerging development in the fixed crane industry is the increasing adoption of eco-friendly practices. Crane manufacturers and operators are integrating sustainable materials, energy-efficient technologies, and emission-reduction measures into their products and operations. The move toward environmental responsibility is in line with worldwide efforts to decrease carbon footprints and alleviate the effects of industrial operations on the environment, thereby fostering the adoption of eco-friendly practices in the fixed crane sector. Additionally, it offers the convenience of hydraulically folding the 30-meter jib to 24 meters for simplified transportation. Designed for building projects of up to three stories tall, it adheres with the updated European safety standard EN 14439 for tower cranes.
 

This innovative model represents a shift toward electric-powered cranes, emphasizing sustainability and reduced environmental impacts. With features such as a 4-ton lifting capacity and adherence to updated safety standards, the Evy series caters to the evolving needs of construction projects while embracing technological advancements and regulatory requirements.
 

An additional notable development in the fixed cranes market is the increasing emphasis on safety enhancements. Crane manufacturers are integrating advanced safety features such as collision avoidance systems, load monitoring sensors, and automated shutdown mechanisms into their products. Moreover, there is a growing demand for comprehensive training programs and certification requirements for crane operators to ensure safe & efficient operation. This heightened focus on safety reflects the industry's commitment to reducing accidents, minimizing downtime, and safeguarding both personnel & assets, thereby driving the adoption of advanced safety measures.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of fixed cranes was reached USD 7.7 billion in 2023 and will grow at over 6% CAGR between 2024 and 2032, due to the increasing integration of digital technologies.

Fixed cranes industry from the tower crane product segment will exceed USD 4 billion by 2032, driven by the increasing demand for high-rise construction projects.

North America fixed cranes market held a revenue share of over 32% in 2023 and will expand rapidly till 2032, owing to the adoption of advanced automation and digitization.

Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd., Konecranes, Liebherr Group, Manitowoc Company, Sany Heavy Industry Co., Ltd., and Sumitomo Heavy Industries, Ltd. among others.

Fixed Cranes Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 400
  • Countries covered: 23
  • Pages: 250
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