1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION AND SCOPE 29
1.3 INCLUSIONS AND EXCLUSIONS 29
1.4 STUDY SCOPE 30
1.4.1 MARKETS COVERED 30
1.4.2 YEARS CONSIDERED 31
1.5 CURRENCY 31
1.6 LIMITATIONS 31
1.7 MARKET STAKEHOLDERS 31
1.8 SUMMARY OF CHANGES 32

2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 CRANE AND HOIST MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 List of major secondary sources 34
2.1.1.2 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Breakdown of primaries 35
2.1.2.2 Key data from primary sources 35
2.1.3 SECONDARY AND PRIMARY RESEARCH 36
2.1.3.1 Key industry insights 37
2.2 MARKET SIZE ESTIMATION 38
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM PRODUCTS/SOLUTIONS/SERVICES OF CRANE MARKET 38
2.2.1 BOTTOM-UP APPROACH 39
2.2.1.1 Approach for arriving at market size using bottom-up analysis 39
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 39
2.2.2 TOP-DOWN APPROACH 40
2.2.2.1 Approach for arriving at market size using bottom-up analysis 40
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 40
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 41
2.4 RESEARCH ASSUMPTIONS 42
FIGURE 6 ASSUMPTION FOR RESEARCH STUDY 42
2.5 RISK ASSESSMENT 43
TABLE 1 LIMITATIONS & ASSOCIATED RESULTS 43

3 EXECUTIVE SUMMARY 44
FIGURE 7 COVID-19 IMPACT ANALYSIS ON CRANES MARKET 44
3.1 REALISTIC SCENARIO 45
3.2 PESSIMISTIC SCENARIO 45
3.3 OPTIMISTIC SCENARIO 45
FIGURE 8 CRANE MARKET TO HOLD LARGER SHARE THAN HOIST MARKET DURING FORECAST PERIOD 45
FIGURE 9 MOBILE CRANES SEGMENT ACCOUNTED FOR LARGER SHARE IN 2020 46
FIGURE 10 HYDRAULIC OPERATION SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2020 46
FIGURE 11 CONSTRUCTION INDUSTRY TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 47
FIGURE 12 APAC CRANE MARKET TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 48

4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES IN CRANE MARKET 49
FIGURE 13 INCREASING DEMAND IN CONSTRUCTION AND SHIPPING & MATERIAL HANDLING INDUSTRIES TO DRIVE GROWTH OF CRANE AND HOIST MARKET 49
4.2 CRANE MARKET, BY TYPE 49
FIGURE 14 MOBILE CRANES SEGMENT TO ACCOUNT FOR LARGER SHARE OF CRANE MARKET FROM 2021 TO 2026 49
4.3 CRANE MARKET, BY OPERATION 50
FIGURE 15 HYDRAULIC OPERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF CRANE MARKET FROM 2021 TO 2026 50
4.4 CRANE MARKET, BY INDUSTRY AND REGION 50
FIGURE 16 CONSTRUCTION INDUSTRY AND APAC ACCOUNTED FOR LARGEST SHARES OF CRANE MARKET IN 2020 50
4.5 CRANE MARKET, BY GEOGRAPHY 51
FIGURE 17 US HELD LARGEST SHARE OF CRANE MARKET IN 2020 51

5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 18 CRANE AND HOIST MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 52
5.2.1 DRIVERS 53
5.2.1.1 Significant demand from construction industry 53
FIGURE 19 CONTRIBUTION TO GROWTH IN GLOBAL CONSTRUCTION OUTPUT 2019-2030, BY COUNTRY 53
5.2.1.2 Expanding mining industry 53
5.2.1.3 Increased use in shipping industry 54
TABLE 2 CRANE SPECIFICATIONS AS PER PANAMAX 54
FIGURE 20 DRIVERS OF CRANE AND HOIST MARKET AND THEIR IMPACT 54
5.2.2 RESTRAINTS 55
5.2.2.1 Disruption in supply chain due to COVID-19 55
5.2.2.2 High cost of manufacturing and maintenance 55
FIGURE 21 RESTRAINTS OF CRANE AND HOIST MARKET AND THEIR IMPACT 55
5.2.3 OPPORTUNITIES 56
5.2.3.1 Increasing demand for material handling equipment in aerospace & defense industry 56
FIGURE 22 COMPARISON OF NEW AIRCRAFT DELIVERABLES, BY REGION (2019 AND 2039) 56
5.2.3.2 Large intralogistics center in South-East Asia 56
5.2.3.3 Inclusion of smart technologies in cranes 57
FIGURE 23 OPPORTUNITIES FOR CRANES AND HOIST MARKET AND THEIR IMPACT 57
5.2.4 CHALLENGES 58
5.2.4.1 Fluctuating oil & gas prices 58
FIGURE 24 WORLDWIDE CRUDE OIL MONTHLY PRICE, USD/BARREL (2016-2021) 58
5.2.4.2 Unavailability of skilled workforce to handle crane operations due to COVID-19 58
FIGURE 25 CHALLENGES FOR CRANES AND HOIST MARKET AND THEIR IMPACT 59
5.3 VALUE CHAIN ANALYSIS 59
FIGURE 26 VALUE CHAIN ANALYSIS 59
5.4 ECOSYSTEM 60
FIGURE 27 CRANE AND HOIST MARKET: ECOSYSTEM 60
TABLE 3 CRANE AND HOIST MARKET: COMPANY'S ROLE IN ECOSYSTEM 61
5.5 YC-YCC SHIFT: CRANE AND HOIST MARKET 62
5.6 PORTER'S FIVE FORCES ANALYSIS 63
TABLE 4 IMPACT OF EACH FORCE ON CRANE AND HOIST MARKET 63
5.7 CASE STUDY 63
5.7.1 USE CASE 1: R&M MATERIAL HANDLING 63
5.7.2 USE CASE 2: DOCK LOADING CRANE WITH BUILT-IN FALL PROTECTION 64
5.7.3 USE CASE 3: CUSTOM ADJUSTABLE LIFTING BEAM FOR 20,000 LB ROTORS 64
5.7.4 USE CASE 4: INDIANA MINE 65
5.8 TECHNOLOGY ANALYSIS 65
5.8.1 PREDICTIVE ANALYTICS 65
5.8.2 DIGITAL TWIN MODEL BUILDERS 65
5.8.3 5G 65
5.9 PRICING ANALYSIS 66
TABLE 5 AVERAGE SELLING PRICE OF MOBILE CRANES 66
TABLE 6 AVERAGE PRICE BASED ON TYPES OF CRANES 67
5.10 TRADE ANALYSIS 67
FIGURE 28 IMPORT DATA FOR OVERHEAD TRAVELING CRANES ON FIXED SUPPORT, 2016-2019 (USD MILLION) 67
FIGURE 29 EXPORT DATA FOR OVERHEAD TRAVELING CRANES ON FIXED SUPPORT, 2016-2019 (USD MILLION) 68
TABLE 7 IMPORT OF OVERHEAD TRAVELING CRANES ON FIXED SUPPORT, BY REGION, 2016-2019 (USD MILLION) 68
5.11 PATENT ANALYSIS 69
FIGURE 30 PATENT ANALYSIS RELATED TO CRANE AND HOIST MARKET FROM 2015 TO 2021 69
FIGURE 31 TOP COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS 69
TABLE 8 TOP PATENT OWNERS (US) IN LAST 10 YEARS 70
5.12 REGULATORY LANDSCAPE 71
5.12.1 REGULATIONS 71
5.12.2 CERTIFICATIONS 72

6 CRANE MARKET, BY TYPE 73
6.1 INTRODUCTION 74
FIGURE 32 MOBILE CRANES SEGMENT TO DOMINATE CRANE AND HOIST MARKET DURING FORECAST PERIOD 74
TABLE 9 CRANE MARKET, BY TYPE, 2017-2020 (USD BILLION) 74
TABLE 10 CRANE MARKET, BY TYPE, 2021-2026 (USD BILLION) 74
6.2 MOBILE CRANES 75
6.2.1 MOBILE CRANES MARKET TO ACCOUNT FOR LARGER SHARE DURING FORECAST PERIOD 75
6.2.2 BOOM TYPE 75
6.2.2.1 Lattice boom type 75
6.2.2.2 Telescopic boom type 75
6.2.3 CRAWLER CRANES 76
6.2.4 ROUGH TERRAIN CRANES 76
6.2.5 ALL-TERRAIN CRANES 76
6.2.6 TRUCK LOADER CRANES 76
FIGURE 33 CRAWLER CRANES TO DOMINATE MOBILE CRANES MARKET DURING FORECAST PERIOD 77
TABLE 11 MOBILE CRANE MARKET, BY TYPE, 2017-2020 (USD BILLION) 77
TABLE 12 MOBILE CRANE MARKET, BY TYPE, 2021-2026 (USD BILLION) 77
TABLE 13 MOBILE CRANE MARKET, BY REGION, 2017-2020 (USD BILLION) 78
TABLE 14 MOBILE CRANE MARKET, BY REGION, 2021-2026 (USD BILLION) 78
TABLE 15 MOBILE CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 78
TABLE 16 MOBILE CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 79
TABLE 17 MOBILE CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 79
TABLE 18 MOBILE CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 79
FIGURE 34 APAC TO DOMINATE MOBILE CRANE MARKET FOR CONSTRUCTION INDUSTRY DURING FORECAST PERIOD 80
TABLE 19 MOBILE CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2017-2020 (USD BILLION) 80
TABLE 20 MOBILE CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2021-2026 (USD BILLION) 81
TABLE 21 MOBILE CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 81
TABLE 22 MOBILE CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 81
TABLE 23 MOBILE CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 82
TABLE 24 MOBILE CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 82
FIGURE 35 APAC TO DOMINATE MOBILE CRANE MARKET FOR ENERGY & POWER INDUSTRY DURING FORECAST PERIOD 82
TABLE 25 MOBILE CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 83
TABLE 26 MOBILE CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 83
TABLE 27 MOBILE CRANE MARKET FOR OTHERS, BY REGION, 2017-2020 (USD MILLION) 83
TABLE 28 MOBILE CRANE MARKET FOR OTHERS, BY REGION, 2021-2026 (USD MILLION) 84
TABLE 29 MOBILE CRANE MARKET, BY INDUSTRY, 2017-2020 (USD BILLION) 84
TABLE 30 MOBILE CRANE MARKET, BY INDUSTRY, 2021-2026 (USD BILLION) 85
6.3 FIXED CRANES 85
6.3.1 FIXED CRANES MARKET TO WITNESS HIGH GROWTH RATE IN SHIPPING & MATERIAL HANDLING INDUSTRY 85
6.3.2 INDUSTRIAL CRANES 85
6.3.3 TOWER CRANES 86
6.3.4 SHIP-TO-SHORE CRANES 86
FIGURE 36 INDUSTRIAL CRANES TO DOMINATE FIXED CRANES MARKET DURING FORECAST PERIOD 86
TABLE 31 FIXED CRANE MARKET, BY TYPE, 2017-2020 (USD BILLION) 86
TABLE 32 FIXED CRANE MARKET, BY TYPE, 2021-2026 (USD BILLION) 87
TABLE 33 FIXED CRANE MARKET, BY REGION, 2017-2020 (USD BILLION) 87
TABLE 34 FIXED CRANE MARKET, BY REGION, 2021-2026 (USD BILLION) 87
TABLE 35 FIXED CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 88
TABLE 36 FIXED CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 88
TABLE 37 FIXED CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 88
TABLE 38 FIXED CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 89
FIGURE 37 APAC TO DOMINATE FIXED CRANES MARKET FOR CONSTRUCTION INDUSTRY DURING FORECAST PERIOD 89
TABLE 39 FIXED CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 89
TABLE 40 FIXED CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 90
TABLE 41 FIXED CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 90
TABLE 42 MOBILE CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2021-2026 (USD BILLION) 91
TABLE 43 FIXED CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 91
TABLE 44 FIXED CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 91
TABLE 45 FIXED CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 92
TABLE 46 MOBILE CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 92
TABLE 47 FIXED CRANE MARKET FOR OTHERS, BY REGION, 2017-2020 (USD MILLION) 92
TABLE 48 FIXED CRANE MARKET FOR OTHERS, BY REGION, 2021-2026 (USD MILLION) 93
FIGURE 38 SHIPPING & MATERIAL HANDLING INDUSTRY TO DOMINATE FIXED CRANE MARKET DURING FORECAST PERIOD 93
TABLE 49 FIXED CRANE MARKET, BY INDUSTRY, 2017-2020 (USD BILLION) 93
TABLE 50 FIXED CRANE MARKET, BY INDUSTRY, 2021-2026 (USD BILLION) 94

7 CRANE MARKET, BY OPERATION 95
7.1 INTRODUCTION 96
FIGURE 39 HYDRAULIC OPERATIONS TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 96
TABLE 51 CRANES MARKET, BY OPERATION, 2017-2020 (USD BILLION) 96
TABLE 52 CRANES MARKET, BY OPERATION, 2021-2026 (USD BILLION) 97
7.2 HYDRAULIC 97
7.2.1 HYDRAULIC OPERATION SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 97
7.3 ELECTRIC 98
7.3.1 GROWING USE OF ELECTRIC OPERATION IN A CRANE FOR LOW LIFTING CAPACITY TO FUEL MARKET GROWTH 98
7.4 HYBRID 98
7.4.1 HYBRID OPERATION SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 98

8 MOBILE CRANE MARKET IN NORTH AMERICA, BY LIFTING CAPACITY 99
8.1 INTRODUCTION 99
TABLE 53 ROUGH TERRAIN CRANE MARKET IN NORTH AMERICA, BY LIFTING CAPACITY, 2020-2026 (UNITS) 99
TABLE 54 ALL-TERRAIN CRANE MARKET IN NORTH AMERICA, BY LIFTING CAPACITY, 2020-2026 (UNITS) 99
8.2 0-66 MT 100
8.3 66-81 MT 100
8.4 81-111 MT 100
8.5 111+ MT 100

9 HOIST MARKET 101
9.1 BY TYPE 102
9.1.1 WIRE ROPE TYPE TO HOLD LARGEST SHARE OF HOIST MARKET DURING FORECAST PERIOD 102
FIGURE 40 WIRE ROPE SEGMENT TO DOMINATE HOIST MARKET DURING FORECAST PERIOD 102
TABLE 55 HOIST MARKET, BY TYPE, 2017-2020 (USD MILLION) 102
TABLE 56 HOIST MARKET, BY TYPE, 2021-2026 (USD MILLION) 103
9.1.2 WELDED LINK LOAD CHAIN 103
9.1.3 WIRE ROPE 103
9.1.4 ROLLER LOAD CHAIN 103
9.1.5 OTHERS 104
9.2 BY OPERATION 104
9.2.1 ELECTRIC OPERATION SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 104
TABLE 57 HOIST MARKET, BY OPERATION, 2017-2020 (USD MILLION) 104
TABLE 58 HOIST MARKET, BY OPERATION, 2021-2026 (USD MILLION) 104
9.2.2 PNEUMATIC 105
9.2.3 ELECTRIC 105
9.2.4 HYDRAULIC 105
9.3 BY INDUSTRY 105
9.3.1 SHIPPING & MATERIAL HANDLING INDUSTRY TO HOLD LARGEST SHARE OF HOIST MARKET DURING FORECAST PERIOD 105
FIGURE 41 SHIPPING & MATERIAL HANDLING INDUSTRY TO DOMINATE HOIST MARKET DURING FORECAST PERIOD 106
TABLE 59 HOIST MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 106
TABLE 60 HOIST MARKET, BY INDUSTRY, 2021-2026 (USD MILLION) 107
9.4 BY REGION 107
9.4.1 APAC TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 107
TABLE 61 HOIST MARKET, BY REGION, 2017-2020 (USD MILLION) 107
TABLE 62 HOIST MARKET, BY REGION, 2021-2026 (USD MILLION) 108

10 CRANE MARKET, BY INDUSTRY 109
10.1 INTRODUCTION 110
FIGURE 42 CONSTRUCTION INDUSTRY TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 110
TABLE 63 CRANE MARKET, BY INDUSTRY, 2017-2020 (USD BILLION) 110
TABLE 64 CRANE MARKET, BY INDUSTRY, 2021-2026 (USD BILLION) 111
10.2 CONSTRUCTION 112
10.2.1 CONSTRUCTION INDUSTRY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 112
TABLE 65 CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY TYPE, 2017-2020 (USD BILLION) 113
TABLE 66 CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY TYPE, 2021-2026 (USD BILLION) 113
TABLE 67 CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2017-2020 (USD BILLION) 113
TABLE 68 CRANE MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2021-2026 (USD BILLION) 113
10.3 AEROSPACE & DEFENSE 114
10.3.1 AEROSPACE AND DEFENCE MARKET FOR CRANES IN NORTH AMERICA TO HOLD LARGEST SHARE DURING FORECAST PERIOD 114
FIGURE 43 MOBILE CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 114
TABLE 69 CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY TYPE, 2017-2020 (USD BILLION) 114
TABLE 70 CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY TYPE, 2021-2026 (USD BILLION) 115
TABLE 71 CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 115
TABLE 72 CRANE MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 115
10.4 SHIPPING & MATERIAL HANDLING 116
10.4.1 EXPANDING MANUFACTURING AND RETAIL INDUSTRIES TO DRIVE GROWTH OF SEGMENT 116
TABLE 73 CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY TYPE, 2017-2020 (USD BILLION) 116
TABLE 74 CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY TYPE, 2021-2026 (USD BILLION) 116
FIGURE 44 SHIPPING & MATERIAL HANDLING INDUSTRY IN APAC TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 117
TABLE 75 CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2017-2020 (USD BILLION) 117
TABLE 76 CRANE MARKET FOR SHIPPING & MATERIAL HANDLING INDUSTRY, BY REGION, 2021-2026 (USD BILLION) 117
10.5 MINING 118
10.5.1 INCREASING EXPLORATION ACTIVITIES IN APAC TO FUEL DEMAND FOR CRANES IN MINING INDUSTRY 118
TABLE 77 CRANE MARKET FOR MINING INDUSTRY, BY TYPE, 2017-2020 (USD MILLION) 118
TABLE 78 CRANE MARKET FOR MINING INDUSTRY, BY TYPE, 2021-2026 (USD MILLION) 118
TABLE 79 CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 119
TABLE 80 CRANE MARKET FOR MINING INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 119
10.6 AUTOMOTIVE & RAILWAY 119
10.6.1 FLOURISHING AUTOMOTIVE & RAILWAY INDUSTRY IN APAC REGION TO BOOST DEMAND FOR CRANES 119
TABLE 81 CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY TYPE, 2017-2020 (USD BILLION) 120
TABLE 82 CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY TYPE, 2021-2026 (USD BILLION) 120
FIGURE 45 AUTOMOTIVE & RAILWAY INDUSTRY IN APAC TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 121
TABLE 83 CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2017-2020 (USD BILLION) 121
TABLE 84 CRANE MARKET FOR AUTOMOTIVE & RAILWAY INDUSTRY, BY REGION, 2021-2026 (USD BILLION) 121
10.7 ENERGY & POWER 122
10.7.1 GROWING AWARENESS REGARDING RENEWABLE ENERGY GENERATION TO DRIVE DEMAND FOR CRANES 122
TABLE 85 CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY TYPE, 2017-2020 (USD BILLION) 122
TABLE 86 CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY TYPE, 2021-2026 (USD BILLION) 122
FIGURE 46 ENERGY & POWER INDUSTRY IN APAC TO DOMINATE CRANE MARKET DURING FORECAST PERIOD 123
TABLE 87 CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2017-2020 (USD MILLION) 123
TABLE 88 CRANE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2021-2026 (USD MILLION) 123
10.8 OTHERS 124
TABLE 89 CRANE MARKET FOR OTHERS, BY TYPE, 2017-2020 (USD MILLION) 124
TABLE 90 CRANE MARKET FOR OTHERS, BY TYPE, 2021-2026 (USD MILLION) 124
TABLE 91 CRANE MARKET FOR OTHERS, BY REGION, 2017-2020 (USD MILLION) 124
TABLE 92 CRANE MARKET FOR OTHERS, BY REGION, 2021-2026 (USD MILLION) 125

11 CRANE MARKET, BY REGION 126
11.1 INTRODUCTION 127
FIGURE 47 CRANE MARKET IN INDIA TO REGISTER HIGHEST CAGR FROM 2021 TO 2026 127
TABLE 93 CRANE MARKET, BY REGION, 2017-2020 (USD BILLION) 127
TABLE 94 CRANE MARKET, BY REGION, 2021-2026 (USD BILLION) 128
11.2 NORTH AMERICA 129
FIGURE 48 NORTH AMERICA: CRANE MARKET SNAPSHOT 129
11.2.1 US 130
11.2.1.1 US to hold largest share of crane market in North America 130
11.2.2 CANADA 130
11.2.2.1 Increasing implementation of cranes and hoists in energy & power industry to drive market growth 130
11.2.3 MEXICO 130
11.2.3.1 Growing market for renewables in Mexico to boost market growth 130
TABLE 95 CRANE MARKET IN NORTH AMERICA, BY COUNTRY, 2017-2020 (USD BILLION) 131
TABLE 96 CRANE MARKETIN NORTH AMERICA, BY COUNTRY, 2021-2026 (USD BILLION) 131
TABLE 97 CRANE MARKET IN NORTH AMERICA, BY MOBILE TYPE, 2017-2020 (USD MILLION) 131
TABLE 98 CRANE MARKETIN NORTH AMERICA, BY MOBILE TYPE, 2021-2026 (USD MILLION) 132
TABLE 99 CRANE MARKET IN NORTH AMERICA, BY FIXED TYPE, 2017-2020 (USD MILLION) 132
TABLE 100 CRANE MARKETIN NORTH AMERICA, BY FIXED TYPE, 2021-2026 (USD MILLION) 132
TABLE 101 CRANE MARKET IN NORTH AMERICA, BY INDUSTRY, 2017-2020 (USD MILLION) 133
TABLE 102 CRANE MARKET IN NORTH AMERICA, BY INDUSTRY, 2021-2026 (USD MILLION) 133
TABLE 103 CRANE MARKET IN NORTH AMERICA, BY CRANE TYPE, 2017-2020 (USD BILLION) 133
TABLE 104 CRANE MARKETIN NORTH AMERICA, BY CRANE TYPE, 2021-2026 (USD BILLION) 134
11.3 EUROPE 135
FIGURE 49 EUROPE: CRANE AND HOIST MARKET SNAPSHOT 135
11.3.1 GERMANY 136
11.3.1.1 Germany is projected to account for largest share of crane market in Europe from 2021 to 2026 136
11.3.2 UK 136
11.3.2.1 Expanding shipping industry to drive market growth in UK 136
11.3.3 FRANCE 136
11.3.3.1 Flourishing automotive industry to contribute to growth of crane market 136
11.3.4 REST OF EUROPE (ROE) 137
TABLE 105 CRANE MARKET IN EUROPE, BY COUNTRY, 2017-2020 (USD BILLION) 137
TABLE 106 CRANE MARKETIN EUROPE, BY COUNTRY, 2021-2026 (USD BILLION) 137
TABLE 107 CRANE MARKET IN EUROPE, BY MOBILE TYPE, 2017-2020 (USD MILLION) 137
TABLE 108 CRANE MARKET IN EUROPE, BY MOBILE TYPE, 2021-2026 (USD MILLION) 138
TABLE 109 CRANE MARKET IN EUROPE, BY FIXED TYPE, 2017-2020 (USD MILLION) 138
TABLE 110 CRANE MARKETIN EUROPE, BY FIXED TYPE, 2021-2026 (USD MILLION) 138
TABLE 111 CRANE MARKET IN EUROPE, BY INDUSTRY, 2017-2020 (USD MILLION) 139
TABLE 112 CRANE MARKETIN EUROPE, BY INDUSTRY, 2021-2026 (USD MILLION) 139
TABLE 113 CRANE MARKET IN EUROPE, BY CRANE TYPE, 2017-2020 (USD BILLION) 139
TABLE 114 CRANE MARKETIN EUROPE, BY CRANE TYPE, 2021-2026 (USD BILLION) 140
11.4 APAC 140
FIGURE 50 APAC: CRANE MARKET SNAPSHOT 141
11.4.1 CHINA 141
11.4.1.1 China to hold largest share of crane market in APAC from 2021 to 2026 141
11.4.2 AUSTRALIA 142
11.4.2.1 Expanding mining industry to fuel demand for cranes 142
11.4.3 JAPAN 142
11.4.3.1 Growing adoption of cranes in shipping & material handling industry to fuel market growth 142
11.4.4 INDIA 142
11.4.4.1 Increasing construction projects in India to drive market growth for cranes and hoists 142
11.4.5 REST OF APAC (ROAPAC) 143
TABLE 115 CRANE MARKET IN APAC, BY COUNTRY, 2017-2020 (USD BILLION) 143
TABLE 116 CRANE MARKETIN APAC, BY COUNTRY, 2021-2026 (USD BILLION) 143
TABLE 117 CRANE MARKET IN APAC, BY MOBILE TYPE, 2017-2020 (USD MILLION) 144
TABLE 118 CRANE MARKETIN APAC, BY MOBILE TYPE, 2021-2026 (USD MILLION) 144
TABLE 119 CRANE MARKET IN APAC, BY FIXED TYPE, 2017-2020 (USD BILLION) 144
TABLE 120 CRANE MARKET IN APAC, BY FIXED TYPE, 2021-2026 (USD BILLION) 145
TABLE 121 CRANE MARKET IN APAC, BY INDUSTRY, 2017-2020 (USD MILLION) 145
TABLE 122 CRANE MARKETIN APAC, BY INDUSTRY, 2021-2026 (USD MILLION) 145
TABLE 123 CRANE MARKET IN APAC, BY CRANE TYPE, 2017-2020 (USD BILLION) 146
TABLE 124 CRANE MARKETIN APAC, BY CRANE TYPE, 2021-2026 (USD BILLION) 146
11.5 REST OF THE WORLD (ROW) 147
FIGURE 51 ROW: CRANE AND HOIST MARKET SNAPSHOT 147
11.5.1 MIDDLE EAST & AFRICA 147
11.5.1.1 Increasing investments in energy & power industry to fuel market growth 147
11.5.2 SOUTH AMERICA 148
11.5.2.1 South America is expected to grow at slower pace compared to other regions in RoW 148
TABLE 125 CRANE MARKET IN ROW, BY REGION, 2017-2020 (USD BILLION) 148
TABLE 126 CRANE MARKET IN ROW, BY REGION, 2021-2026 (USD BILLION) 148
TABLE 127 CRANE MARKET IN ROW, BY MOBILE TYPE, 2017-2020 (USD MILLION) 149
TABLE 128 CRANE MARKETIN ROW, BY MOBILE TYPE, 2021-2026 (USD MILLION) 149
TABLE 129 CRANE MARKET IN ROW, BY FIXED TYPE, 2017-2020 (USD MILLION) 149
TABLE 130 CRANE MARKET IN APAC, BY FIXED TYPE, 2021-2026 (USD MILLION) 150
TABLE 131 CRANE MARKET IN ROW, BY INDUSTRY, 2017-2020 (USD MILLION) 150
TABLE 132 CRANE MARKETIN ROW, BY INDUSTRY, 2021-2026 (USD MILLION) 150
TABLE 133 CRANE MARKET IN ROW, BY CRANE TYPE, 2017-2020 (USD BILLION) 151
TABLE 134 CRANE MARKETIN ROW, BY CRANE TYPE, 2021-2026 (USD BILLION) 151

12 COMPETITIVE LANDSCAPE 152
12.1 INTRODUCTION 152
12.1.1 TOP 5 COMPANY REVENUE ANALYSIS 152
FIGURE 52 TOP PLAYERS DOMINATING MARKET IN 5 YEARS 152
12.2 MARKET SHARE ANALYSIS OF PLAYERS, 2020 152
TABLE 135 CRANE AND HOIST MARKET: COMPETITIVE 153
12.3 COMPETITIVE EVALUATION QUADRANT 154
12.3.1 STAR 154
12.3.2 EMERGING LEADER 154
12.3.3 PERVASIVE 155
12.3.4 PARTICIPANT 155
FIGURE 53 CRANE AND HOIST MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2020 155
12.4 STARTUP/SME EVALUATION QUADRANT 156
12.4.1 PROGRESSIVE COMPANY 156
12.4.2 RESPONSIVE COMPANY 156
12.4.3 DYNAMIC COMPANY 156
12.4.4 STARTING BLOCK 156
FIGURE 54 STARTUP/SME EVALUATION MATRIX 157
TABLE 136 COMPANY INDUSTRY FOOTPRINT 158
TABLE 137 COMPANY REGION FOOTPRINT 159
TABLE 138 COMPANY FOOTPRINT 160
12.5 COMPETITIVE SITUATIONS AND TRENDS 161
12.5.1 PRODUCT LAUNCHES AND DEVELOPMENTS 161
TABLE 139 CRANE AND HOIST MARKET: PRODUCT LAUNCHES, JANUARY 2018 - JANUARY 2021 161
12.5.2 DEALS 162
TABLE 140 CRANE AND HOIST MARKET: DEALS, JANUARY 2018-JANUARY 2021 162
12.5.3 OTHERS 163
TABLE 141 CRANE AND HOIST MARKET: OTHERS, JANUARY 2018-JANUARY 2021 163

13 COMPANY PROFILES 165
13.1 KEY PLAYERS 165
(Business overview, Products offered, Recent Developments, MNM view)* 13.1.1 KONECRANES 165
TABLE 142 KONECRANES: BUSINESS OVERVIEW 166
FIGURE 55 KONECRANES: COMPANY SNAPSHOT 166
13.1.2 LIEBHERR 173
TABLE 143 LIEBHERR: BUSINESS OVERVIEW 173
FIGURE 56 LIEBHERR: COMPANY SNAPSHOT 173
13.1.3 TADANO 178
TABLE 144 TADANO: BUSINESS OVERVIEW 178
FIGURE 57 TADANO: COMPANY SNAPSHOT 179
13.1.4 TEREX 183
TABLE 145 TEREX: BUSINESS OVERVIEW 183
FIGURE 58 TEREX: COMPANY SNAPSHOT 184
13.1.5 ZOOMLION 187
TABLE 146 ZOOMLION: BUSINESS OVERVIEW 187
FIGURE 59 ZOOMLION: COMPANY SNAPSHOT 188
13.1.6 INGERSOLL RAND 190
TABLE 147 INGERSOLL RAND: BUSINESS OVERVIEW 190
13.1.7 PALFINGER 192
TABLE 148 PALFINGER: BUSINESS OVERVIEW 192
FIGURE 60 PALFINGER: COMPANY SNAPSHOT 192
13.1.8 COLUMBUS MCKINNON 196
TABLE 149 COLUMBUS MCKINNON: BUSINESS OVERVIEW 196
FIGURE 61 COLUMBUS MCKINNON: COMPANY SNAPSHOT 197
13.1.9 KITO 199
TABLE 150 KITO: BUSINESS OVERVIEW 199
FIGURE 62 KITO: COMPANY SNAPSHOT 199
13.1.10 KOBELCO 202
TABLE 151 KOBELCO: BUSINESS OVERVIEW 202
FIGURE 63 KOBELCO: COMPANY SNAPSHOT 202
13.1.11 SUMITOMO HEAVY INDUSTRIES 204
TABLE 152 SUMITOMO HEAVY INDUSTRIES: BUSINESS OVERVIEW 204
FIGURE 64 SUMITOMO HEAVY INDUSTRIES: COMPANY SNAPSHOT 204
13.1.12 ABUS KRANSYSTEME 206
TABLE 153 ABUS KRANSYSTEME: BUSINESS OVERVIEW 206
13.2 OTHER KEY PLAYERS 207
13.2.1 XCMG 207
13.2.2 MAMMOET 207
13.2.3 KATO WORKS 208
13.2.4 ALTEC INDUSTRIES 208
13.2.5 VERLINDE 209
13.2.6 SHANGHAI YIYING CRANE MACHINERY 209
13.2.7 NUCLEON CRANE GROUP 210
13.2.8 CHENG DAY MACHINERY WORKS 210
13.2.9 LIUGONG MACHINERY 210
13.2.10 LOAD KING 211
13.2.11 ELLIOT EQUIPMENT 211
13.2.12 QMC BUILDING CRANES 212
13.2.13 BRODERSON MANUFACTURING 212
13.2.14 SHANGHAI ZHENHUA HEAVY INDUSTRIES COMPANY (ZPMC) 213
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 14 ADJACENT & RELATED MARKET 214
14.1 INTRODUCTION 214
14.2 LIMITATIONS 214
14.3 HYDRAULICS MARKET 214
14.3.1 DEFINITION 214
14.3.2 MARKET OVERVIEW 214
14.3.3 HYDRAULICS MARKET, BY REGION 214
TABLE 154 HYDRAULICS MARKET, BY REGION, 2016-2019 (USD MILLION) 215
TABLE 155 HYDRAULICS MARKET, BY REGION, 2020-2025 (USD MILLION) 215
14.3.3.1 North America 216
TABLE 156 HYDRAULICS MARKET IN NORTH AMERICA, BY COUNTRY, 2016-2019 (USD MILLION) 216
TABLE 157 HYDRAULICS MARKET IN NORTH AMERICA, BY COUNTRY, 2020-2025 (USD MILLION) 216
TABLE 158 HYDRAULICS MARKET IN NORTH AMERICA, BY COMPONENT, 2016-2019 (USD MILLION) 217
TABLE 159 HYDRAULICS MARKET IN NORTH AMERICA, BY COMPONENT, 2020-2025 (USD MILLION) 217
TABLE 160 HYDRAULICS MARKET IN NORTH AMERICA, BY END USER, 2016-2019 (USD MILLION) 218
TABLE 161 HYDRAULICS MARKET IN NORTH AMERICA, BY END USER, 2020-2025 (USD MILLION) 218
TABLE 162 HYDRAULICS MARKET IN NORTH AMERICA, BY TYPE, 2016-2019 (USD MILLION) 219
TABLE 163 HYDRAULICS MARKET IN NORTH AMERICA, BY TYPE, 2020-2025 (USD MILLION) 219
14.3.3.2 Europe 219
TABLE 164 HYDRAULICS MARKET IN EUROPE, BY COUNTRY, 2016-2019 (USD MILLION) 219
TABLE 165 HYDRAULICS MARKET IN EUROPE, BY COUNTRY, 2020-2025 (USD MILLION) 220
TABLE 166 HYDRAULICS MARKET IN EUROPE, BY COMPONENT, 2016-2019 (USD MILLION) 220
TABLE 167 HYDRAULICS MARKET IN EUROPE, BY COMPONENT, 2020-2025 (USD MILLION) 220
TABLE 168 HYDRAULICS MARKET IN EUROPE, BY END USER, 2016-2019 (USD MILLION) 221
TABLE 169 HYDRAULICS MARKET IN EUROPE, BY END USER, 2020-2025 (USD MILLION) 221
TABLE 170 HYDRAULICS MARKET IN EUROPE, BY TYPE, 2016-2019 (USD MILLION) 222
TABLE 171 HYDRAULICS MARKET IN EUROPE, BY TYPE, 2020-2025 (USD MILLION) 222
14.3.3.3 APAC 222
TABLE 172 HYDRAULICS MARKET IN APAC, BY COUNTRY, 2016-2019 (USD MILLION) 222
TABLE 173 HYDRAULICS MARKET IN APAC, BY COUNTRY, 2020-2025 (USD MILLION) 223
TABLE 174 HYDRAULICS MARKET IN APAC, BY COMPONENT, 2016-2019 (USD MILLION) 223
TABLE 175 HYDRAULICS MARKET IN APAC, BY COMPONENT, 2020-2025 (USD MILLION) 224
TABLE 176 HYDRAULICS MARKET IN APAC, BY END USER, 2016-2019 (USD MILLION) 224
TABLE 177 HYDRAULICS MARKET IN APAC, BY END USER, 2020-2025 (USD MILLION) 225
TABLE 178 HYDRAULICS MARKET IN APAC, BY TYPE, 2016-2019 (USD MILLION) 225
TABLE 179 HYDRAULICS MARKET IN APAC, BY TYPE, 2020-2025 (USD MILLION) 225
14.3.3.4 Rest of the World 226
TABLE 180 HYDRAULICS MARKET IN ROW, BY REGION, 2016-2019 (USD MILLION) 226
TABLE 181 HYDRAULICS MARKET IN ROW, BY REGION, 2020-2025 (USD MILLION) 226
TABLE 182 HYDRAULICS MARKET IN ROW, BY COMPONENT, 2016-2019 (USD MILLION) 226
TABLE 183 HYDRAULICS MARKET IN ROW, BY COMPONENT, 2020-2025 (USD MILLION) 227
TABLE 184 HYDRAULICS MARKET IN ROW, BY END USER, 2016-2019 (USD MILLION) 227
TABLE 185 HYDRAULICS MARKET IN ROW, BY END USER, 2020-2025 (USD MILLION) 228
TABLE 186 HYDRAULICS MARKET IN ROW, BY TYPE, 2016-2019 (USD MILLION) 228
TABLE 187 HYDRAULICS MARKET IN ROW, BY TYPE, 2020-2025 (USD MILLION) 228

15 APPENDIX 229
15.1 INSIGHTS OF INDUSTRY EXPERTS 229
15.2 DISCUSSION GUIDE 230
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 232
15.4 AVAILABLE CUSTOMIZATIONS 234
15.5 RELATED REPORTS 234
15.6 AUTHOR DETAILS 235