The mobile cranes market in Switzerland has experienced fluctuations in the past decade, with values peaking in 2017 at approximately $92.7 million and hitting a low in 2020 at roughly $68.8 million. Despite these fluctuations, the market showed resilience and partial recovery, reaching $82.14 million in 2022 with a notable CAGR decline over the past five years. The year-on-year variation reflects the market's volatility, with significant drops in 2020 followed by a recovery phase in the subsequent years.
Trends Over The Last Decade:
● Noticeable growth periods until 2017, followed by a sharp decline in 2020.
● Post-2020 market recovery, indicating resilience and adaptive capabilities of market players.
● Variable annual performance with significant peaks and troughs, reflecting market sensitiveness to broader economic factors.
Future Trends to Watch For:
● Increased investment in infrastructure development and urbanization in Switzerland.
● Technological advancements and the adoption of more efficient, eco-friendly mobile cranes.
● Potential global supply chain disruptions and how they might influence local production and availability.
● Fluctuating global economic conditions and their impact on capital investment in heavy machinery.
