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Cranes Market are used to do all the heavy lifting stuff that are used to both lift and lower heavy stuff and move them horizontally and used for loading and unloading the type of materials which are beyond the normal human capacity.
There are 7 types of cranes used depending on the type of project involved, work objectives and the environment i.e., mobile cranes, telescopic cranes, tower cranes, truck mounted cranes, overhead cranes, loader cranes and the rough terrain cranes.
Some major factors which are contributing to its growth is the increase in construction and renovation activities and practices and an increase in investments by the mining sector in construction equipment’s across the world.
In India, imports of cranes are on the rise due to the increase of construction activities. Growing population is one of the thriving factors contributing to the growth of the construction sector. The construction sector of the country is expected to grow twice as fast as China by 2030 due to its growing population.
In 2018, Asia dominated the global cranes market. China was the biggest player of the global cranes market and accounted for more than 50% of the market, followed by India.
China was also the largest manufacturer of the cranes market. An increase in government spending on infrastructure projects and construction sector in China and India contributed to the overall growth of the cranes market.
The US government is also expected to increase its spending on infrastructure projects and the construction sector by over trillion dollars in the coming 10 years in order to create more jobs in the country.
The ASEAN countries are also expected to increases their budgets and spending on residential, industrial, infrastructural and construction projects in the coming 5 years.
Factors such as increased urbanization and population, investments, government spending, and consumer spending have set the ASEAN countries to grow significantly in the coming 10 to 15 years, which will trigger the growth of infrastructure and construction projects in the countries.
In Asia, the Indian cranes market is anticipated to have a Compound Annual Growth Rate of about 6% during the year 2020-2025. The Indian government’s plans to boost construction and infrastructural projects in the country and thus increase the demand for construction equipment are one of the major reasons to drive the Indian crane market further in the future.
The global cranes market size is estimated at $XX Billion in 2023 growing at –% CAGR till 2030
COVID-19 as a whole has affected various sectors across the world,among these one of the major fields affected by it,is the crane market.The coronavirus pandemic has made impacted the growth of cranes market, as sectors such as manufacturing,energy and automotive were affected significantly.
The construction machinery manufacturing and the provision of related services also witnessed a significant decline in the number of projects worldwide as most countries across the world have imposed lockdown restrictions disrupted the overall supply chain and limiting the growth of the global cranes market.
The declining global requirement of cranes due to these factors affect the market over the projected time frame.With the development of vaccination against COVID-19, the real estate and infrastructure projects across the globe are expected to slowly gain pace and lead to the high growth rate of the cranes market for the construction industry.
The utilization of technologies,including advanced electronics and automated machinery during this pandemic, has not only resulted in the continuity of business but has also improved the manufacturing operations.
The crane market is regaining its momentum after the implementation of automated technologies to reduce human interaction in production facilities and offices to support the market growth over the projected time frame.
The leading players in the market are likely to make improvements in their production capacities with their technologies to stabilize the market scenario over the forecast timeframe.
The global construction industry is anticipated to witness steady growth in the coming year, which is likely to affect the global demand for cranes and the market is expected to recover in Quarter4 of 2020.
Tadano has updated its ATF-100-4.1 on four axles as Tadano AC 4.110-1 with a new 60 metre boom.The five-axle AC 5.120-1 replaces the ATF-120-5.1 which has the same new 60 metre boom as the AC 4.110-1. Both the updated models can lift 10 tonnes with the main boom fully extended with an increase of 37% over lifting capacity and an 82 degree maximum boom angle allowing work closer to the crane – August 2023
Manitowoc is going to launch the 60t capacity grove GMK3060L-1and 100t capacity grove GMK4100L-2 all-terrain crane at GIS Italian lifting show comes with Euromot 5/Tier 4 final engine and features a 60m main boom – August 2023
Manitowoc launches class-leading grove GHC110 telescopic crawler crane which offers 100% pick and carry capability across its standard load charts, providing best in class lifting performance. Its versatility is enhanced with the optional personnel basket attachment with radio remote control – July 2023
Kalmar introduced a new generation of Kalmar Rubber-tyred Gantry Cranes (RTGs) offering five models with a stronger, lighter, simpler modular design and features to provide customers with a productive and eco-efficient container handling solution.Kalmar also implemented a new stand-alone 5G network for its technology and competence centre in Finland – June 2023
Potain introduces the new Igo T99 as a versatile telescopic self-erecting crane with a 6.6 Ust capacity,48m reach and 38.5m height under hook but with the same compact footprint makes the crane ideal for a variety of job sites.Potain Smart Set-Up technology,remote-controlled operation and an ergonomic Ultra View Cab features ensure the crane is simple to operate in a wide variety of scenarios – June 2023
Hiab launched tail lift brand ZEPRO’s next generation heavy duty slider lifts for heavy goods vehicles , trailers and are also connectivity-enabled for Hiab’s HiConnect service – May 2023
The Fassi F1750R-HXP TECHNO is the newest crane of the Fassi F1750R-HXP TECHNO series. The main column and secondary arm have been fully redesigned, resulting in a capacity class of 132 tm.
The booms and secondary arm’s X-Design decagonal section enables for improved force distribution between the guiding shoe and the chassis beam, lowering the latter’s thickness and, as a result, total weight. The section also increases load capacity by 57 percent when compared to a typical hexagonal arm design, especially when in vertical arrangement.
The FX990 is a new electronic control system with a number of important hardware and software advancements, including a new control unit, the FX901 touchscreen display, new limiter and dynamic controller firmware, a new FSC/TECHNO stability system, and new FassiLim software.
For the new Airbus long-range jet, Demag will create a world-record-breaking process crane. In the assembly line for the new Airbus A321XLR, a world-record-breaking Demag process crane will practically play a supporting role.
It will have a span of no less than 106 metres and will travel on an 82-meter course, making it Demag’s biggest crane ever. It will completely encircle the industrial bay. Under the factory roof, the double-girder suspension crane will travel on six crane runways that will be erected parallel to each other at distances of 24 and 10 metres.
American Trailer World (ATW) and Tiger Cranes have announced a new alliance, bringing together two of America’s top crane body designers and distributors. Customers will benefit from this new relationship by receiving a structurally superior crane body that will provide them with a full range of lifting capacity when working in the field.
In addition to triple lined doors, robust durable decks, and optional C Tech cabinets, the new crane body from CM Truck Beds and Dakota Bodies will allow users to tailor their storage solutions. The newly launched remote control door locks will be available as an option on certain crane bodies.
The redesigned body is available with 60″ and 84″ cab-to-axle layouts, as well as tall front vertical boxes on the curb side. Installers and users can get a turnkey, technologically advanced, and simple-to-use solution for their crane body needs from Tiger Cranes.
Some of the leading players of the global cranes market are Manitowoc, Tadano, Kobelco, Cargotec, Kone Cranes, Liebherr, Palfinger and XCMG.
These major players have successfully financed demand for reliable cranes from some of the key players in the construction, mining and infrastructure sectors.
These companies are also offering new products and services with safety and connectivity services to offer operational safety measures at the worksites. They are focusing on developing highly efficient and effective products to cater to various application and industrial requirements.
Moreover, they are also offering cost efficiency packed with safety guidelines to gain a competitive advantage and a major global market share.
In Q1-2023 Tadano witnessed an increase in mobile crane sales in Japan,but decreased outside of the region. Both truck loader crane and aerial work platform sales increased but overall sales dropped down by 2.1% compared with previous year .
Although net sales for the first quarter progressed in line with their initial 2023 forecast, improvements in the cost of sales ratio and reductions in SG&A expenses were better than their initial forecast.
Region wise Latin America contributed to the highest percentage drop in sales compared to Q1-2020 as the sales dropped by almost 91%, followed by Europe 43%.
In 2020, CARGOTEC had witnessed a sales of €3.2B. Majority of which 46% was accounted for the Ports segment. 33% was accounted by the Roads segment and the remaining was the sea sector.
After 6 months in 2023, Cargotec sales report shows that the sales decreased by 2 percent and totaled EUR 1.58 Billion. In the second quarter of 2023 the sales increased in Kalmar(Ports Segment) and in Hiab (Roads) and declined in MacGregor(At Sea) which was significantly different from the comparison period.
The demand for their solutions were further increased by the market recovery after last year’s difficult pandemic situation and the increase in economic activity which started at the end of 2020.
Region wise, after 6 months in 2023 only Europe, Middle East & Africa (EMEA) Region witnessed an increase of 3% in revenue. Rest of the regions witnessed a drop in sales of at least 7-8%.
Konecranes will deliver a mobile Harbour crane to the port of Terneuzen,Netherlands in spring and a second unit to the port of Antwerp, Belgium in mid-2020 – March 2020
Liebherr International has acquired Libero Bau Maschinen GmbH & Co.KG will take over the existing sales and services network of Libero and integrate them into Liebherr’s business services – January 2020
A1A Software to Demonstrate new Lift Planning and Business Management Products at 2023 ConExpo-Con/Agg.During ConExpo-Con/Agg, March 14–18, 2023 in Las Vegas, A1A Software LLC will release a number of standalone lift planning tools in the A1A Product Suite and also present a new edition of iCraneTrax.
The lift planning and asset management tools are intended to assist individuals in various jobs within the organisation of the crane provider in performing their duties at varying levels of complexity.
The company’s new lift planning A1A Product Suite is built on a 3D Lift Plan. The advent of standalone tools that may be used independently of 3D Lift Plan or in conjunction with it has increased the capabilities of the most well-known programme in the industry for producing bids, crucial lifts, rigging documentation, lift simulations, and more.
Digital records including all the data from A1A Product Suite applications may be transferred into the complete edition of 3D Lift Plan.The following applications will be part of the A1A Product Suite. Every programme will be accessible through the Apple programme Store, Google Play, or Microsoft.When obtaining initial worksite information, SketchPad removes the need for paper.
Create a sketch on a tablet to place the crane, the route it will take, and the locations of 3D items on a scaled Google Map picture. Using hundreds of pre-built 3D rigging loads and objects, Rigging Designer is a quicker method to develop bespoke rigging plans for cranes, gantries, forklifts, and other equipment.
Google 3D Buildings and Google Topography may be loaded into Jobsite Designer to create a more complete job site. Other capabilities, such as importing 3D AutoCAD files, will be introduced in the future to expand capability.
Crane Search does a rapid search of your fleet’s cranes to identify which ones are most suited to the job. Load Chart Viewer allows you to visually reference capacities and range diagrams by overlaying load chart data.
The Crane Loads Calculator assists in determining maximum outrigger loads. For the lifting scenario, the Mat Calculator is utilised to select crane pads and outrigger pads.
Furthermore, the latest edition of iCraneTrax has enhanced admin interfaces, increased drag and drop capabilities, improved interaction with accounting programmes, and other enhancements. iCraneTrax assists businesses in making the most use of their people and equipment assets in order to maximise earnings.
Crane rental firms may use it to manage client connections, make sales forecasts, stay on top of dispatch, fleet allocation, and maintenance, and generate work reports. It was designed with heavy equipment fleet owners in mind.
Since 2008, A1A Software has given heavy equipment fleet operators with highly powerful yet easy-to-use work planning and administration software products. Because the firm specialises in the crane and rigging sector, its tools are specifically created to fulfil the demands of this customer group.
Automation and remote crane operations prime new Swedish container terminal for the future.Hutchison Ports Stockholm built their new container terminal to the south of the Swedish capital, and as part of their ‘build for the future’ approach, they added two of the world’s largest dock cranes outfitted with ABB automation and remote operations technology.
In a highly competitive sector, the technology provides the dependability, predictability, and consistency terminal operators require.
Hutchison Ports is a global port operator with 52 container facilities spread over 26 countries. Its new Stockholm Norvik Port in Sweden has a natural deep-water draught located on the Baltic coast, and its proximity to Scandinavia’s fastest-growing area provides enormous business prospects.
The capacity of the Norvik terminal is now 250,000 TEU, with the possibility to increase to 500,000 TEU. Quay operations are carried out by two of the world’s largest quay cranes, which are equipped with automation and remote-control technologies to provide maximum efficiency for clients.
Hutchison Ports was allowed to design the full workflow from ship to gate as a greenfield facility, including on-dock rail services for transfer to the onward supply chain.
The goal of the Ports of Stockholm and Hutchison Ports Stockholm was to build a cutting-edge terminal with technology and furnishings that would be highly reliable and leave little carbon imprint.
This objective includes “machine-friendly” automation, which is perfect for a terminal of this size and allows for smoother operations with a lower chance of harm to goods and equipment.
While loading and unloading procedures are essentially the same regardless of terminal size, smaller terminals typically need more operational flexibility because of the wide range of vessel sizes they may handle. Quay cranes at Norvik serve a variety of vessels, from small barges to ships 22 wide.
Along with flexibility, workplace experience is another crucial consideration. The highly skilled stevedores from Hutchison Ports Stockholm rotate through all stages of the container flow at Norvik, working as multifaceted workers who can operate all types of terminal machinery.
Given the current strain on supply chains caused by labour shortages, bottlenecks, and limited predictability in liner services, implementing the most recent technologies can be quite advantageous for container ports.
Cranes can operate consistently, operating faster with reduced cycle and ramp times, regardless of the expertise and skill of individual operators, thanks to automation and remote operations capability.The main way that remote operations enhance operator performance is through increasing visibility with many camera viewpoints.
The size of ship-to-shore (STS) cranes has increased along with container ships, and particularly on larger cranes, the capabilities of the human eye is constrained by the physical distance between the cabin and the objective.
By physically removing them from the enormous machines and placing them in the security and comfort of a control room, remote operations help to enhance the working conditions for crane operators. A more adaptable workspace is also made possible by the control room.
