Gantry Crane Market Growth Opportunities, Top Players, and Forecast by 2031

Coverage: Gantry Crane Market covers analysis By Type (Full Gantry Crane, Semi Gantry Crane, Truss Gantry Crane, Portable Gantry Crane); Operation (Manual, Automatic); Lifting Capacity (Below 30 Tons, 30-50 Tons, Above 50 Tons); End-user (Automotive, Metal and Mining, Construction, Warehouses, Aerospace, Utility, Shipyards and Ports, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00018744
  • Category : Manufacturing and Construction
  • No. of Pages : 150
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Gantry Crane Market Drivers and Opportunities - 2031

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The Gantry Crane Market is expected to register a CAGR of 4.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

This Gantry Crane Market research report takes a comprehensive look at gantry crane systems that are utilized in various industries such as construction, shipping, and manufacturing. It analyses market driving factors such as increasing automation in industries and rising need for efficient material movement. The report offers segmentation on the basis of type, application, and region. It analyses regional diversities and trends while enabling stakeholder investigate various regions they prefer, then clearly identifies market share of regions that currently have more demand. It also analyses the competitive landscape and dedicates time to shine lights on leading manufacturers, with synopsis on their fundamental approaches and upcoming strategic moves. The research report concludes with market trends and market forecasting from 2021 to 2031. This report is specifically designed for stakeholders who wish to understand the dynamics of gantry crane market while also exploring the growth opportunities in the industry.

Purpose of the Report

The report Gantry Crane Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Gantry Crane Market Segmentation

Type
  • Full Gantry Crane
  • Semi Gantry Crane
  • Truss Gantry Crane
  • Portable Gantry Crane
Operation
  • Manual
  • Automatic
Lifting Capacity
  • Below 30 Tons
  • 30-50 Tons
  • Above 50 Tons
End-user
  • Automotive
  • Metal and Mining
  • Construction
  • Warehouses
  • Aerospace
  • Utility
  • Shipyards and Ports
End-user
  • Automotive
  • Metal and Mining
  • Construction
  • Warehouses
  • Aerospace
  • Utility
  • Shipyards and Ports

Strategic Insights

Gantry Crane Market Growth Drivers
  • Growth in the Construction Industry: The increasing demand for infrastructure development and construction projects globally is one of the primary drivers for the gantry crane market. Gantry cranes are crucial for lifting and moving heavy construction materials, such as steel beams, concrete, and prefabricated parts.
  • Integration of automated technologies: Automation technologies integrated into gantries significantly raise the bar of efficiency, hence driving the growth in the market. Automation simplifies all operations through controlled accuracy with minimal human errors, thereby smoothing the workflow. An automated gantry crane does the job much faster and more accurately, hence assuring better productivity and cost economy to industries. Besides, automation enhances safety by reducing human intervention in dangerous settings.
  • Emphasis on efficiency and safety: While the demand for automated gantry crane solutions has continued to rise with more emphasis on efficiency and safety by industries in general, automation integration remains the key to further market growth. While gantry cranes guarantee massively huge benefits, high initial investments remain a significant drawback to entering the market.
Gantry Crane Market Future Trends
  • Shift to eco-friendly: It is a prevailing trend in the market that firms are now adopting eco-friendly and sustainable practices. Besides, the manufacturers of cranes develop them by introducing energy-efficient technologies, such as regenerative braking and integration of solar power for reducing the carbon footprint. This transformation has created a pathway for meeting global goals of sustainability and propels the demand side for the environmentally conscious gantry crane solutions.
  • Market Expansion: Expansion and collaboration are also very crucial strategies in the gantry crane industry. While entering newer geographical territories, the manufacturers often expand their product portfolios to cater to diversified segments of the industry. Partnerships with technology companies ensure that high-end features, including automation and IoT for efficient crane operations, are integrated. These innovations ensure the market competitiveness and growth in the industry.
  • offering modular and customised solutions: Due to the demand for flexibility and variety, the production of gantry cranes nowadays includes modular designs with adaptable features. In this respect, the model of this kind of crane can be changed according to the desire of particular customers and hence assure variety when the need arises in a different sphere. On the other hand, modular gantry crane systems allow faster assembly and installation, with thus less business downtime.
    The trend for modular design shows how the market is oriented toward efficiency, cost-effectiveness, and the fulfillment of diverse applications.
Gantry Crane Market Opportunities
  • Industrial and infrastructure developments: The gantry crane market is likely to show growth in the coming decade since industrialization and infrastructure development in the world is growing globally. Growing demand for smarter and automated material handling solutions on account of commercial and residential construction, manufacturing, and logistics activities propels this growth. Companies can innovate using smart technologies and automation to outcompete, whereby afterwards, they will also take a bigger share in the market.
  • Leverage growing E-commerce: Another means would be leveraging the growth of e-commerce activities, increased logistic operations within countries boosting the demand for gantry crane applications.
  • Collaborations and partnerships: Pure-play companies that provide gantry cranes should strategically and actively seek to increase their market share through collaboration and partnership with construction and logistics firms. They will also look at sustainable practice and will integrate energy-friendly design as an essential element, appealing to eco-friendly customers, and thus help them position well in this evolving market.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Gantry Crane Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Gantry Crane Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are the deliverable formats of the Gantry Crane Market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

Which are key players in Gantry Crane Market?

Key players in this market - Aicrane Machinery Group, Cargotec Oyj, Doosan Heavy Industries Vietnam Co, JASO Industrial Cranes, Konecranes Oyj, Liebherr, Mammoet, Mi Jack Products Inc

What are future trends in the Gantry Crane Market?

Future trends for the gantry crane market will see increased automation, smart technologies and use of advanced materials that will provide increased load-bearing capacity and better efficiency. Continuing growth in ecommerce, logistics and global trade will keep pushing the limits to improve design and functionality of gantry cranes.

What is expected CAGR in the Gantry Crane Market?

The market is expected to register a CAGR of 4.2% during 2023-2031.

What are factors impacting on the Gantry Crane Market?

The market is being driven by the continuous expansion of infrastructure and increasing demand from the logistics sector. Furthermore, optimisation leading to automation and electrification of material handling products create more opportunities, by increasing efficiency and safety of the applications.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Gantry Crane Market - By Type
1.3.2Gantry Crane Market - By Operation
1.3.3Gantry Crane Market - By Lifting Capacity
1.3.4Gantry Crane Market - By End-user
1.3.5Gantry Crane Market - By Region
1.3.5.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.GANTRY CRANE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTERâ™S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS

5.GANTRY CRANE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6.GANTRY CRANE MARKET - GLOBAL MARKET ANALYSIS
6.1.GANTRY CRANE - GLOBAL MARKET OVERVIEW
6.2.GANTRY CRANE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.GANTRY CRANE MARKET - REVENUE AND FORECASTS TO 2028 â TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.FULL GANTRY CRANE
7.3.1.Overview
7.3.2.Full Gantry Crane Market Forecast and Analysis
7.4.SEMI GANTRY CRANE
7.4.1.Overview
7.4.2.Semi Gantry Crane Market Forecast and Analysis
7.5.TRUSS GANTRY CRANE
7.5.1.Overview
7.5.2.Truss Gantry Crane Market Forecast and Analysis
7.6.PORTABLE GANTRY CRANE
7.6.1.Overview
7.6.2.Portable Gantry Crane Market Forecast and Analysis
8.GANTRY CRANE MARKET - REVENUE AND FORECASTS TO 2028 â OPERATION
8.1.OVERVIEW
8.2.OPERATION MARKET FORECASTS AND ANALYSIS
8.3.MANUAL
8.3.1.Overview
8.3.2.Manual Market Forecast and Analysis
8.4.AUTOMATIC
8.4.1.Overview
8.4.2.Automatic Market Forecast and Analysis
9.GANTRY CRANE MARKET - REVENUE AND FORECASTS TO 2028 â LIFTING CAPACITY
9.1.OVERVIEW
9.2.LIFTING CAPACITY MARKET FORECASTS AND ANALYSIS
9.3.BELOW 30 TONS
9.3.1.Overview
9.3.2.Below 30 Tons Market Forecast and Analysis
9.4.30-50 TONS
9.4.1.Overview
9.4.2.30-50 Tons Market Forecast and Analysis
9.5.ABOVE 50 TONS
9.5.1.Overview
9.5.2.Above 50 Tons Market Forecast and Analysis
10.GANTRY CRANE MARKET - REVENUE AND FORECASTS TO 2028 â END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.AUTOMOTIVE
10.3.1.Overview
10.3.2.Automotive Market Forecast and Analysis
10.4.METAL AND MINING
10.4.1.Overview
10.4.2.Metal and Mining Market Forecast and Analysis
10.5.CONSTRUCTION
10.5.1.Overview
10.5.2.Construction Market Forecast and Analysis
10.6.WAREHOUSES
10.6.1.Overview
10.6.2.Warehouses Market Forecast and Analysis
10.7.AEROSPACE
10.7.1.Overview
10.7.2.Aerospace Market Forecast and Analysis
10.8.UTILITY
10.8.1.Overview
10.8.2.Utility Market Forecast and Analysis
10.9.SHIPYARDS AND PORTS
10.9.1.Overview
10.9.2.Shipyards and Ports Market Forecast and Analysis
10.10.OTHERS
10.10.1.Overview
10.10.2.Others Market Forecast and Analysis

11.GANTRY CRANE MARKET REVENUE AND FORECASTS TO 2028 â GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Gantry Crane Market Overview
11.1.2North America Gantry Crane Market Forecasts and Analysis
11.1.3North America Gantry Crane Market Forecasts and Analysis - By Type
11.1.4North America Gantry Crane Market Forecasts and Analysis - By Operation
11.1.5North America Gantry Crane Market Forecasts and Analysis - By Lifting Capacity
11.1.6North America Gantry Crane Market Forecasts and Analysis - By End-user
11.1.7North America Gantry Crane Market Forecasts and Analysis - By Countries
11.1.7.1United States Gantry Crane Market
11.1.7.1.1United States Gantry Crane Market by Type
11.1.7.1.2United States Gantry Crane Market by Operation
11.1.7.1.3United States Gantry Crane Market by Lifting Capacity
11.1.7.1.4United States Gantry Crane Market by End-user
11.1.7.2Canada Gantry Crane Market
11.1.7.2.1Canada Gantry Crane Market by Type
11.1.7.2.2Canada Gantry Crane Market by Operation
11.1.7.2.3Canada Gantry Crane Market by Lifting Capacity
11.1.7.2.4Canada Gantry Crane Market by End-user
11.1.7.3Mexico Gantry Crane Market
11.1.7.3.1Mexico Gantry Crane Market by Type
11.1.7.3.2Mexico Gantry Crane Market by Operation
11.1.7.3.3Mexico Gantry Crane Market by Lifting Capacity
11.1.7.3.4Mexico Gantry Crane Market by End-user
11.2.EUROPE
11.2.1Europe Gantry Crane Market Overview
11.2.2Europe Gantry Crane Market Forecasts and Analysis
11.2.3Europe Gantry Crane Market Forecasts and Analysis - By Type
11.2.4Europe Gantry Crane Market Forecasts and Analysis - By Operation
11.2.5Europe Gantry Crane Market Forecasts and Analysis - By Lifting Capacity
11.2.6Europe Gantry Crane Market Forecasts and Analysis - By End-user
11.2.7Europe Gantry Crane Market Forecasts and Analysis - By Countries
11.2.7.1Germany Gantry Crane Market
11.2.7.1.1Germany Gantry Crane Market by Type
11.2.7.1.2Germany Gantry Crane Market by Operation
11.2.7.1.3Germany Gantry Crane Market by Lifting Capacity
11.2.7.1.4Germany Gantry Crane Market by End-user
11.2.7.2France Gantry Crane Market
11.2.7.2.1France Gantry Crane Market by Type
11.2.7.2.2France Gantry Crane Market by Operation
11.2.7.2.3France Gantry Crane Market by Lifting Capacity
11.2.7.2.4France Gantry Crane Market by End-user
11.2.7.3Italy Gantry Crane Market
11.2.7.3.1Italy Gantry Crane Market by Type
11.2.7.3.2Italy Gantry Crane Market by Operation
11.2.7.3.3Italy Gantry Crane Market by Lifting Capacity
11.2.7.3.4Italy Gantry Crane Market by End-user
11.2.7.4United Kingdom Gantry Crane Market
11.2.7.4.1United Kingdom Gantry Crane Market by Type
11.2.7.4.2United Kingdom Gantry Crane Market by Operation
11.2.7.4.3United Kingdom Gantry Crane Market by Lifting Capacity
11.2.7.4.4United Kingdom Gantry Crane Market by End-user
11.2.7.5Russia Gantry Crane Market
11.2.7.5.1Russia Gantry Crane Market by Type
11.2.7.5.2Russia Gantry Crane Market by Operation
11.2.7.5.3Russia Gantry Crane Market by Lifting Capacity
11.2.7.5.4Russia Gantry Crane Market by End-user
11.2.7.6Rest of Europe Gantry Crane Market
11.2.7.6.1Rest of Europe Gantry Crane Market by Type
11.2.7.6.2Rest of Europe Gantry Crane Market by Operation
11.2.7.6.3Rest of Europe Gantry Crane Market by Lifting Capacity
11.2.7.6.4Rest of Europe Gantry Crane Market by End-user
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Gantry Crane Market Overview
11.3.2Asia-Pacific Gantry Crane Market Forecasts and Analysis
11.3.3Asia-Pacific Gantry Crane Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Gantry Crane Market Forecasts and Analysis - By Operation
11.3.5Asia-Pacific Gantry Crane Market Forecasts and Analysis - By Lifting Capacity
11.3.6Asia-Pacific Gantry Crane Market Forecasts and Analysis - By End-user
11.3.7Asia-Pacific Gantry Crane Market Forecasts and Analysis - By Countries
11.3.7.1Australia Gantry Crane Market
11.3.7.1.1Australia Gantry Crane Market by Type
11.3.7.1.2Australia Gantry Crane Market by Operation
11.3.7.1.3Australia Gantry Crane Market by Lifting Capacity
11.3.7.1.4Australia Gantry Crane Market by End-user
11.3.7.2China Gantry Crane Market
11.3.7.2.1China Gantry Crane Market by Type
11.3.7.2.2China Gantry Crane Market by Operation
11.3.7.2.3China Gantry Crane Market by Lifting Capacity
11.3.7.2.4China Gantry Crane Market by End-user
11.3.7.3India Gantry Crane Market
11.3.7.3.1India Gantry Crane Market by Type
11.3.7.3.2India Gantry Crane Market by Operation
11.3.7.3.3India Gantry Crane Market by Lifting Capacity
11.3.7.3.4India Gantry Crane Market by End-user
11.3.7.4Japan Gantry Crane Market
11.3.7.4.1Japan Gantry Crane Market by Type
11.3.7.4.2Japan Gantry Crane Market by Operation
11.3.7.4.3Japan Gantry Crane Market by Lifting Capacity
11.3.7.4.4Japan Gantry Crane Market by End-user
11.3.7.5South Korea Gantry Crane Market
11.3.7.5.1South Korea Gantry Crane Market by Type
11.3.7.5.2South Korea Gantry Crane Market by Operation
11.3.7.5.3South Korea Gantry Crane Market by Lifting Capacity
11.3.7.5.4South Korea Gantry Crane Market by End-user
11.3.7.6Rest of Asia-Pacific Gantry Crane Market
11.3.7.6.1Rest of Asia-Pacific Gantry Crane Market by Type
11.3.7.6.2Rest of Asia-Pacific Gantry Crane Market by Operation
11.3.7.6.3Rest of Asia-Pacific Gantry Crane Market by Lifting Capacity
11.3.7.6.4Rest of Asia-Pacific Gantry Crane Market by End-user
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Gantry Crane Market Overview
11.4.2Middle East and Africa Gantry Crane Market Forecasts and Analysis
11.4.3Middle East and Africa Gantry Crane Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Gantry Crane Market Forecasts and Analysis - By Operation
11.4.5Middle East and Africa Gantry Crane Market Forecasts and Analysis - By Lifting Capacity
11.4.6Middle East and Africa Gantry Crane Market Forecasts and Analysis - By End-user
11.4.7Middle East and Africa Gantry Crane Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Gantry Crane Market
11.4.7.1.1South Africa Gantry Crane Market by Type
11.4.7.1.2South Africa Gantry Crane Market by Operation
11.4.7.1.3South Africa Gantry Crane Market by Lifting Capacity
11.4.7.1.4South Africa Gantry Crane Market by End-user
11.4.7.2Saudi Arabia Gantry Crane Market
11.4.7.2.1Saudi Arabia Gantry Crane Market by Type
11.4.7.2.2Saudi Arabia Gantry Crane Market by Operation
11.4.7.2.3Saudi Arabia Gantry Crane Market by Lifting Capacity
11.4.7.2.4Saudi Arabia Gantry Crane Market by End-user
11.4.7.3U.A.E Gantry Crane Market
11.4.7.3.1U.A.E Gantry Crane Market by Type
11.4.7.3.2U.A.E Gantry Crane Market by Operation
11.4.7.3.3U.A.E Gantry Crane Market by Lifting Capacity
11.4.7.3.4U.A.E Gantry Crane Market by End-user
11.4.7.4Rest of Middle East and Africa Gantry Crane Market
11.4.7.4.1Rest of Middle East and Africa Gantry Crane Market by Type
11.4.7.4.2Rest of Middle East and Africa Gantry Crane Market by Operation
11.4.7.4.3Rest of Middle East and Africa Gantry Crane Market by Lifting Capacity
11.4.7.4.4Rest of Middle East and Africa Gantry Crane Market by End-user
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Gantry Crane Market Overview
11.5.2South and Central America Gantry Crane Market Forecasts and Analysis
11.5.3South and Central America Gantry Crane Market Forecasts and Analysis - By Type
11.5.4South and Central America Gantry Crane Market Forecasts and Analysis - By Operation
11.5.5South and Central America Gantry Crane Market Forecasts and Analysis - By Lifting Capacity
11.5.6South and Central America Gantry Crane Market Forecasts and Analysis - By End-user
11.5.7South and Central America Gantry Crane Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Gantry Crane Market
11.5.7.1.1Brazil Gantry Crane Market by Type
11.5.7.1.2Brazil Gantry Crane Market by Operation
11.5.7.1.3Brazil Gantry Crane Market by Lifting Capacity
11.5.7.1.4Brazil Gantry Crane Market by End-user
11.5.7.2Argentina Gantry Crane Market
11.5.7.2.1Argentina Gantry Crane Market by Type
11.5.7.2.2Argentina Gantry Crane Market by Operation
11.5.7.2.3Argentina Gantry Crane Market by Lifting Capacity
11.5.7.2.4Argentina Gantry Crane Market by End-user
11.5.7.3Rest of South and Central America Gantry Crane Market
11.5.7.3.1Rest of South and Central America Gantry Crane Market by Type
11.5.7.3.2Rest of South and Central America Gantry Crane Market by Operation
11.5.7.3.3Rest of South and Central America Gantry Crane Market by Lifting Capacity
11.5.7.3.4Rest of South and Central America Gantry Crane Market by End-user

12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13.GANTRY CRANE MARKET, KEY COMPANY PROFILES
13.1.AICRANE MACHINERY GROUP
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.CARGOTEC OYJ
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.DOOSAN HEAVY INDUSTRIES VIETNAM CO.
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.JASO INDUSTRIAL CRANES
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.KONECRANES OYJ
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.LIEBHERR
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.MAMMOETÂ
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.MI-JACK PRODUCTS, INC.
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.SANY GROUP
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.SPANCO
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments

14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS

The List of Companies

1. Aicrane Machinery Group
2. Cargotec Oyj
3. Doosan Heavy Industries Vietnam Co.
4. JASO Industrial Cranes
5. Konecranes Oyj
6. Liebherr 
7. Mammoet 
8. Mi-Jack Products, Inc. 
9. Sany Group
10. Spanco

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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