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Crawler Crane Market Size
- Report ID: GMI2960
- Published Date: Mar 2023
- Report Format: PDF
Crawler Crane Market Size
Crawler Crane Market size surpassed USD 2 billion in 2022 and is anticipated to grow at 4% CAGR from 2023 to 2032, owing to increasing investments in infrastructure development globally.
The shifting government focus on infrastructure development, along with rising customer demand for luxury and aesthetically pleasing structures, is expected to fuel industry expansion. The manufacturers are extending their product line and offering sophisticated features for increased lifting capacity and enhanced safety, to meet the requirements from infra development projects, which is anticipated to drive crawler crane market expansion. Additionally, the mounting reliance of construction firms on advanced electronic cranes for economic benefits and carbon footprint reduction has resulted in ongoing investments to modernize building processes with cutting-edge technology is projected to propel business growth by 2032.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Crawler Crane Market Size in 2022: | USD 2 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 4% |
| 2032 Value Projection: | USD 4 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 220 |
| Tables, Charts & Figures: | 360 |
| Segments covered: | Capacity, Application, and Region |
| Growth Drivers: | |
| Pitfalls & Challenges: |
Frequently Asked Questions (FAQ) :
Crawler Crane Market Scope
