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    Home > Research Reports > Tower Crane Market valued at US$ 19.3 Bn & 0.4% CAGR between 2021-2031.
    Research Reports

    Tower Crane Market valued at US$ 19.3 Bn & 0.4% CAGR between 2021-2031.

    Tower Crane Market valued at US$ 19.3 Bn & 0.4% CAGR between 2021-2031.

    Published by mark itwired

    Posted on October 5, 2021

    Featured image for article about Research Reports

    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.

    global tower crane market key regions and end use mekko chart, 2021

    Request a report sample to obtain authentic analysis and comprehensive market insights at  @  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.

    • Request Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-4620

    Key Takeaways from Tower Cranes Market Study

    • Following negative returns amid COVID-19, the tower crane market is forecast to register a little below 4% Y-o-Y growth in 2021
    • The U.S. will continue accounting for maximum sales in North America, holding over 85% of regional market share
    • The U.K. market is likely to register 3.7% Y-o-Y growth in 2021 backed by recovering construction activities
    • The demand from Germany and France will account for considerable sales within Europe
    • China will emerge dominant in East Asia, while Japan and South Korea markets will continue exhibiting growth at a positive pace

    Tower Crane Market

    By Lifting Capacity

    • Up to 5 Tons
    • 5 to 10 Tons
    • 10 to 20 Tons
    • 20 to 30 Tons
    • 50 to 250 Tons

    By Design

    • Top Slewing
    • Bottom Slewing

    By Product Types

    • Self-Erecting
    • Hammer Head Cranes
    • Luffing Jib Cranes
    • Mobile Cranes

    By End-Use

    • Building & Construction
    • Civic infrastructure
    • Marine & Sea Ports
    • Mining
    • Others

    By Region

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

    Contact Sales for Further Assistance in Purchasing this Report @ https://www.futuremarketinsights.com/checkout/4620

    Product Synopsis

    A recent market study published by FMI on the Tower Crane market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Tower Cranes market, the growth prospects of the market are obtained with maximum precision.

    The post Tower Crane Market valued at US$ 19.3 Bn & 0.4% CAGR between 2021-2031. appeared first on Industry News Analsis.

    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.

    global tower crane market key regions and end use mekko chart, 2021

    Request a report sample to obtain authentic analysis and comprehensive market insights at  @  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.

    • Request Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-4620

    Key Takeaways from Tower Cranes Market Study

    • Following negative returns amid COVID-19, the tower crane market is forecast to register a little below 4% Y-o-Y growth in 2021
    • The U.S. will continue accounting for maximum sales in North America, holding over 85% of regional market share
    • The U.K. market is likely to register 3.7% Y-o-Y growth in 2021 backed by recovering construction activities
    • The demand from Germany and France will account for considerable sales within Europe
    • China will emerge dominant in East Asia, while Japan and South Korea markets will continue exhibiting growth at a positive pace

    Tower Crane Market

    By Lifting Capacity

    • Up to 5 Tons
    • 5 to 10 Tons
    • 10 to 20 Tons
    • 20 to 30 Tons
    • 50 to 250 Tons

    By Design

    • Top Slewing
    • Bottom Slewing

    By Product Types

    • Self-Erecting
    • Hammer Head Cranes
    • Luffing Jib Cranes
    • Mobile Cranes

    By End-Use

    • Building & Construction
    • Civic infrastructure
    • Marine & Sea Ports
    • Mining
    • Others

    By Region

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

    Contact Sales for Further Assistance in Purchasing this Report @ https://www.futuremarketinsights.com/checkout/4620

    Product Synopsis

    A recent market study published by FMI on the Tower Crane market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Tower Cranes market, the growth prospects of the market are obtained with maximum precision.

    The post Tower Crane Market valued at US$ 19.3 Bn & 0.4% CAGR between 2021-2031. appeared first on Industry News Analsis.

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