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Truck Loader Crane Market Trends

Report ID: GMI3099
Published Date: Aug 2023
Report Format: PDF

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Truck Loader Crane Market Trends

One prominent industry trend is the increasing integration of intelligent technologies such as IoT and AI in truck loader cranes, enabling real-time monitoring, predictive maintenance, and remote operation. Also, there is growing demand for lightweight and compact truck loader cranes that can be mounted on smaller vehicles, enhancing maneuverability and versatility. However, a shift towards eco-friendly and energy-efficient cranes, propelled by the focus on sustainability, will shape market outlook.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for truck loader crane is predicted to record more than 8% CAGR from 2023 to 2032, driven by the increasing demand for efficient and versatile material handling equipment across various industries.

The medium-duty segment is expected to observe around 9% growth up to 2032. These cranes offer a balance between lifting capacity and mobility, making them suitable for a wide range of applications, including construction, utilities, and landscaping.

Europe truck loader crane market is likely to register considerable growth through 2032, backed by the booming construction industry, numerous infrastructure development projects, and stringent regulations regarding worker safety.

Palfinger AG, Tadano Ltd., Fassi Gru S.p.A., Texer Corporation, Hiab, Manitex International, Amco Veba, Sany Group Co. Ltd., Hyva Crane, PM OIL & STEEL S.P.A., EFFER S.R.L., and F.lli Ferrari.