Crane Market in China 2015-2019

  • Published: Sep 2015
  • Pages: 52
  • SKU: IRTNTR6959
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About cranes
Cranes can be broadly categorized as truck cranes, all-terrain cranes, crawler cranes, and tire cranes based on various factors such as load lifting capacity, lift height, and range.

Increased investment in infrastructure across major cities, such as Shanghai and Beijing is expected to drive the demand for large-scale construction projects during the forecast period. Additionally, growing population has led to a rise in the demand for residential, commercial, and industrial buildings, which has led to a rise in construction activity, resulting in increased adoption of cranes in China.

Technavio analysts forecast the crane market in China to grow at a CAGR of 15.67% over the period 2014-2019.

Covered in this report
The report includes the present scenario and the growth prospects of the crane market in China for the period 2015-2019.

Technavio's report, Crane Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the crane market in China and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key vendors
• Jinan Dongyue Tower Crane Manufacture
• Liugong
• Sany
• XCMG
• Zoomlion

Other prominent vendors
• Broderson Manufacturing
• Favelle Favco
• FuWa
• Kato works
• Kobelco Cranes
• Link-Belt Construction
• Manitowoc

Market driver
• Rapid urbanization
• For a full, detailed list, view our report

Market challenge
• High maintenance costs
• For a full, detailed list, view our report

Market trend
• Growth of rental equipment business
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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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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