mobile crane market in china 2015 2019
TRANSCRIPT
Covered in this Report• This report covers the present scenario and growth
prospects of the mobile crane market in China for 2015-2019.
• It includes historical data of revenue generated from the sales of mobile cranes in China.
• The revenue generated from the sales of mobile cranes determines the market size.
• The forecast of the CAGR for the period 2015-2019 is based on an analysis of the present condition of the market.
• Technavio's report, Mobile Crane Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• It covers the market landscape and its growth prospects in the coming years.
Mobile Crane Market in China
2015-2019
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Market Overview• Mobile cranes are used to lift and transport different
types of loads at construction sites.
• They are mounted on a rubber tire or crawler carrier and powered by electric motors or internal combustion engines.
• The mobile crane market is part of the rapidly growing construction equipment market in China.
• The increased focus on improving the quality of infrastructure in the country coupled with rapid urbanization has led to a rise in the number of construction projects.
• Technavio's analysts forecast the mobile crane market in China to grow at a CAGR of 17.03% over the period 2014-2019.
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China 2015-2019,please mail us at
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Key Vendors and Regions
• Guangxi LiuGong Machinery
• Sany Group
• XCMG Group
• Zoomlion Heavy Industry Science & Technology Development
• Manitowoc
• Terex
View Our Report: Mobile Crane Market in China 2015-2019
• China
Vendors Regions
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Key Findings• Ownership of construction equipment, such as mobile cranes, involves extensive
investment. Construction companies, especially SMEs, face budget constraints.
• Therefore, the market is witnessing a shift toward renting cranes for construction projects.
• Vendors such as XCMG, Zoomlion, Guangxi LiuGong Machinery, and Sany for instance, have started providing equipment on a rental basis to contractors and construction companies.
• The mobile crane market in China is dominated by regional crane manufacturers such as XCMG and Zoomlion.
• Due to increased demand of mobile cranes in the country, the market has become an attractive destination for global mobile crane manufacturers as a number of global players are entering into joint ventures with regional players.
• Rapid urbanization in China has led to the development of superior-quality urban infrastructure.
• These projects involve construction in the confined spaces of cities and towns.
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Key Questions Answered in Our 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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Mobile Crane Market in China 2015-2019
64 Pages | SKU: IRTNTR6321
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