Published by maria gbaf
Posted on January 28, 2022
Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade.
Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-4620
Demand for tower crane waned in 2020, due to the recessionary effects of COVID-19 on the construction activities, resulting in retardation of new and rental sales of tower cranes However, barring a few countries, the construction activities has resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of Tower Cranes the market remains positive.
The research report analyzes demand for tower crane. The global tower crane market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of applications, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.
“Increasing investment in commercial construction as well as in the construction of civic in recent years is expected to provide an impetus to tower cranes sales. Rental base sales will continue to have a greater weightage as against direct ownership based procurement. Competitive price offering, increase in end user satisfaction on the performance, use of advanced technologies are the key strategies adopted by manufacturers operating in the market,” says FMI analyst.
Ask For Regional Data : https://www.futuremarketinsights.com/ask-regional/rep-gb-4620
Tower crane market is likely to grow at a moderate pace during 2021-2031. However, as it is a mature market hence companies are expected to concentrate increasingly on research and development activities. This will be aimed at developing more in the field of construction equipment that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.
The tower cranes market is expected to be fairly consolidated, with key players accounting over half of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are XCMG, Zoomlion Heavy Industry Science & Technology Company Ltd., Liebherr, Terex Corporation, Action Construction Equipment, Raimondi, Sany Group, Konecranes, and others.
Purchase the Report : https://www.futuremarketinsights.com/checkout/4620
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: mailto:sales@futuremarketinsights.com
For Media Enquiries: mailto:press@futuremarketinsights.com
Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade.
Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-4620
Demand for tower crane waned in 2020, due to the recessionary effects of COVID-19 on the construction activities, resulting in retardation of new and rental sales of tower cranes However, barring a few countries, the construction activities has resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of Tower Cranes the market remains positive.
The research report analyzes demand for tower crane. The global tower crane market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of applications, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.
“Increasing investment in commercial construction as well as in the construction of civic in recent years is expected to provide an impetus to tower cranes sales. Rental base sales will continue to have a greater weightage as against direct ownership based procurement. Competitive price offering, increase in end user satisfaction on the performance, use of advanced technologies are the key strategies adopted by manufacturers operating in the market,” says FMI analyst.
Ask For Regional Data : https://www.futuremarketinsights.com/ask-regional/rep-gb-4620
Tower crane market is likely to grow at a moderate pace during 2021-2031. However, as it is a mature market hence companies are expected to concentrate increasingly on research and development activities. This will be aimed at developing more in the field of construction equipment that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.
The tower cranes market is expected to be fairly consolidated, with key players accounting over half of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are XCMG, Zoomlion Heavy Industry Science & Technology Company Ltd., Liebherr, Terex Corporation, Action Construction Equipment, Raimondi, Sany Group, Konecranes, and others.
Purchase the Report : https://www.futuremarketinsights.com/checkout/4620
Explore FMI’s Extensive Coverage on Industrial Automation Domain
Weatherization Services Market : Weatherization Services Market By Application (Attic Insulation, Sidewall Insulation, Floor Insulation, HVAC, Doors & Windows Frame), Construction Type (Retrofit, New Construction), End-Use (Residential, Commercial) & Region – Forecast 2022 – 2028
Inflatable Tents Market : Inflatable Tents Market by Material Type (PVC, Poly-Cotton, Nylon), By Type (Self-Erecting and Hybrid), Shape (Dome, Tunnel, Geodesic), End Use (Military, Commercial, Personal), & Region – Forecast 2022 – 2028
Vibrating Screen Market : Vibrating Screen Market by Product Type (Linear Vibrating Screens, Circular Vibrating Screens, Elliptical Vibrating Screens), Drive Type (Direct Drive, Indirect Drive), End-Use Industry (Construction, Mining, Recycling), and Region for 2022 – 2029
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: mailto:sales@futuremarketinsights.com
For Media Enquiries: mailto:press@futuremarketinsights.com
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