Mobile Crane Market in APAC 2016-2020

  • Published: Jan 2016
  • Pages: 58
  • SKU: IRTNTR7953
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This market research report includes a detailed segmentation of the mobile crane market in APAC by key geographies and includes regions like China, Japan, India, and others. The top vendors analyzed in this market study are Liebherr, Sany, XCMG, and Zoomlion.

Market outlook of the mobile crane market in APAC

Technavio’s market research analyst predicts that the mobile crane market in APAC will grow at a CAGR of more than 10% by 2020. Much of this growth can be attributed to the rapidly growing urban population in APAC, which leads to a rise in demand for public infrastructure and housing units.

Growing focus on the development and upgradation of existing infrastructure is the key driver for the growth of this market. Recently, it has been observed that the government in this region is planning to invest more than USD 1 trillion for the development of infrastructure projects. This increase in investment is anticipated to foster market growth during the forecast period.   

Competitive landscape and key vendors

The market for mobile cranes in APAC is anticipated to exhibit a great growth potential during the forecast period and is characterized by the presence of numerous international and local vendors. Since the level of competition in this market is high, vendors have to invest heavily in the R&D of new mobile cranes as it will help them to augment their revenue generating capacity.

The key companies in this market are -

  • Liebherr
  • Sany
  • XCMG
  • Zoomlion

The other prominent vendors analyzed in this market study are ACE Cranes, Guangxi LiuGong Machinery, IHI Construction Machinery, KATO Works, Kobelco Cranes, Kone Cranes, Link Belt, Manitowoc, Palfinger, Tadano, Terex, and UNIC.

Geographical segmentation of the key regions and analysis of the mobile crane market in APAC

  • China
  • India
  • Japan
  • Rest of APAC

Among all the countries in APAC, China is estimated to be the largest market for mobile cranes during the forecast period. The government of China’s focus on increasing the quality of the country’s existing infrastructure is a significant factor that results in this region’s high growth potential during the forecast period.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the mobile crane market in APAC?
  • What are the key market trends impacting the growth of the mobile crane market?
  • What are the challenges to market growth?
  • Who are the key vendors in the mobile crane market?
  • What are the market opportunities and threats faced by the vendors in the mobile crane market in APAC?
  • What are the key outcomes of the five forces analysis of the mobile crane market in APAC?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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