In 2023, China led the global export market of gantry and overhead travelling cranes with 40.99% share, followed by Spain and Italy at 7.93% and 7.16% respectively. China experienced moderate growth, while Spain saw a notable increase. Italy's share slightly declined. Emerging markets such as India, Czech Republic, and Russia showed strong growth. Noteworthy negative trends included the United States, Germany, and Brazil. Notable increases were seen in Canada's export share, with substantial growth in Bosnia and Herzegovina and Switzerland.
Future trends suggest continued expansion in emerging markets with innovations and government policies promoting local manufacturing. The geopolitical climate and technological advancements could reshape competitive dynamics. Monitoring these aspects will be crucial for assessing potential shifts in global market shares.
Top countries in Export of Gantry and Overhead Travelling Cranes on Fixed Support Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 40.99 | 2023 | +2.88% | +1.38% | View data |
| 2 | 2 Spain | 7.93 | 2023 | +2.43% | +1.99% | View data |
| 3 | 3 Italy | 7.16 | 2023 | +0.25% | -0.068% | View data |
| 4 | 4 India | 6.29 | 2023 | +3.58% | +2.49% | View data |
| 5 | 5 France | 5.48 | 2023 | +3.34% | -1.15% | View data |
| 6 | 6 Czech Republic | 3.32 | 2023 | +2.38% | +7.64% | View data |
| 7 | 7 Russia | 3.18 | 2023 | +3.98% | +15.68% | View data |
| 8 | 8 Canada | 3.11 | 2023 | +3.94% | +23.82% | View data |
| 9 | 9 Thailand | 2.66 | 2023 | +6.56% | +0.93% | View data |
| 10 | 10 Malaysia | 2.57 | 2023 | +3.14% | +4.41% | View data |
