#Wheeled Crane Market Outlook
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The Aluminum Slug Market: Trends, Drivers, and Future Prospects
The aluminum slug market plays a pivotal role in the broader aluminum industry, supplying critical components for a diverse array of end-use applications. These small, cylindrical pieces of aluminum are essential in the manufacturing of various products, ranging from aerosol cans to automotive components. This article delves into the current trends, key drivers, challenges, and future prospects of the aluminum slug market.
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Market Overview
Aluminum slugs are intermediate products in the aluminum processing chain, produced primarily through the extrusion process. They are further processed into end products by means of impact extrusion, a technique that involves forcing the slug into a mold at high pressure to create hollow shapes. This method is particularly valued for its ability to produce lightweight, durable, and corrosion-resistant items.
Key Applications
The aluminum slug market caters to several significant sectors:
Packaging Industry: One of the largest consumers of aluminum slugs is the packaging industry, especially for producing aerosol cans and beverage containers. The demand for convenient, lightweight, and recyclable packaging solutions has driven the growth in this sector.
Automotive Industry: Aluminum slugs are used to manufacture various automotive components such as shock absorber tubes, airbag inflators, and engine parts. The automotive industry's shift towards lightweight materials to enhance fuel efficiency and reduce emissions has bolstered the demand for aluminum slugs.
Pharmaceutical and Cosmetic Industries: The demand for aluminum tubes in the pharmaceutical and cosmetic industries has been robust, as these sectors require packaging that ensures product safety, hygiene, and extended shelf life.
Electrical and Electronics Industry: Aluminum’s excellent conductivity and lightweight properties make slugs valuable for producing electrical components and housings for electronic devices.
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Exploring the Global Construction Tire Market: Growth Analysis and Key Drivers
The Construction Tire Global Market Report 2023, provides comprehensive information on the construction tire market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Construction Tire Market’s Growth:
As per The Business Research Company’s Construction Tire Global Market Report 2023, the global construction tire market size is expected to grow from $1.58 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global construction tire market is expected to grow to $1.92 billion in 2027 at a CAGR of 3.8%. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=9484&type=smp
Product innovations are a key trend gaining popularity in the construction tire market. Major companies operating in the market are introducing innovative solutions to sustain their position in the market. For instance, in June 2021, Goodyear Tire and Rubber Company, a US-based tire manufacturing company, launched SightLine, an intelligent tire solution. SightLine enables safer and more reliable mobility with cargo vans used for field service, construction, and last-mile delivery industries. This enables the tires to provide feedback on the tire and road conditions for connected and autonomous mobility.
The construction tire market is segmented:
1) By Tire Type: Radial, Bias, Solid, Other Tire Type
2) By Equipment Type: Excavators, Backhoe, Bulldozers, Graders, Wheel Tractor Scraper, Trenchers, Loaders, Tower Cranes, Compactors, Other Construction Equipment
3) By Tire Size: Less than 20”, 21” to 30”, 31” to 40”, 41” to 50”, 51” to 60”, More than 61”
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Asia-Pacific was the largest region in the construction tire market in 2022.
The table of contents in TBRC’s construction tire market report includes:
1. Executive Summary
2. Construction Tire Market Characteristics
3. Construction Tire Market Trends And Strategies
4. Construction Tire Market - Macro Economic Scenario. ……...
28. Key Mergers And Acquisitions In The Construction Tire Market
29. Construction Tire Market Future Outlook and Potential Analysis
30. Appendix
Learn About Us: The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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Global Wheeled Crane Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Wheeled Crane Market 2019-2024 added by DecisionDatabases.com
The worldwide market for Wheeled Crane is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
This report focuses on the Wheeled Crane in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/44540-wheeled-crane-industry-analysis-report
Market Segment by Manufacturers, this report covers
GROVE
KATO
Terex
Kobelco
TADANO
Krupp
XCMG
ZOOMLION
GOTTWALD
LIEBHERR
Myshak
Atlas
TEREX-DEMAG
SANY
Wolwa
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Cross-Country Crane
All Road Crane
Market Segment by Applications, can be divided into
Petroleum Chemical Industry
Power Infrastructure Construction
Nuclear Power Plant
Bridges and Subway
Other
Download Free Sample Report of Global Wheeled Crane Market @ https://www.decisiondatabases.com/contact/download-sample-44540
The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Wheeled Crane product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Wheeled Crane, with price, sales, revenue and global market share of Wheeled Crane in 2017 and 2018. Chapter 3, the Wheeled Crane competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Wheeled Crane breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Wheeled Crane market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Wheeled Crane sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Purchase the complete Global Wheeled Crane Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-44540
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About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 9028057900 Web: https://www.decisiondatabases.com/
#Wheeled Crane Market#Wheeled Crane Market Report#Wheeled Crane Market Industry Report#Wheeled Crane Market Analysis#Wheeled Crane Market Growth#Wheeled Crane Market Trends#Wheeled Crane Market Outlook#Global Wheeled Crane Industry Report
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Industrial Motor Market - Forecast(2022 - 2027)
Industrial Motor Market Overview
The global Industrial Motor Market size is expected to reach $42.19 billion by 2027, growing at a CAGR of 4.20% during the forecast period from 2022 to 2027. Globally, increasing demand for industrial motors in the Automotive and Oil & Gas industries is set to drive the Industrial Motor Market during the forecast period. Increasing investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. Moreover, increasing production ofelectric vehicleshas accelerated the demand for industrial motors for higher efficiency and good speed regulation during the forecast period is also boosting the growth of the market. Furthermore, rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is also expected to drive the market growth during the forecast period.
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Industrial Motor Market Report Coverage
The report based on: “Industrial Motor Market-Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of Industrial Motor Market Industry Outlook. By Product Type: AC (Phase Type: Single Phase, Three Phase; Operation: Asynchronous, Synchronous); DC (Brushed (BDC), Brushless (BLDC)) By Power Rating: <1kW, >1kW<2,2kW, >2,2kW < 3,5kW, 3.5-25 kW25-100 kW, Above 100 kW By Voltage: Low Voltage (IE1, IE2, IE3, IE4); Medium Voltage (IE1, IE2, IE3, IE4); High Voltage (IE1, IE2, IE3, IE4) By Applications: Oil and Gas (Upstream, Midstream, Downstream); Aerospace (Actuation, Air and Thermal System, Aircraft Engines, Auxiliary Power Unit, Wheels and Breaking System, Others); Automotive; HVAC (Heating, Ventilating, Air Conditioning); Paper and Pulp (Feed and Conveyor Systems, Fans and Blowers, Reeling and Rolling Machines, Mixers, Others); Food and Beverage (Milling, Grinding and Mixers, Conveyor Systems, Pumping Systems, Packaging, Others); Textile (Mixing and Beating Machines, Carding Machines, Winding Machines, Washers and Pumps, Blowers, Others); Transportation (Logistics and Warehousing (Manual Cranes and Hoists, ASRS Systems, Belt Conveyors, Others);Railways (Traction, Blowers, Others)); Power Generation (Coal, Gas and Oil-Fired Plants, Nuclear Power Plants, Geothermal Power Plants, Hydro Power Plants, Wind Mills, Others); Agriculture ( Pumping Systems, Grain Handling and Conveyor System, Aeration and Conditioning, Feed Delivery Systems, Others); Chemical (Pumps, Fans, Blowers and Compressors, Centrifuges, Agitators and Mixers, Others); Industrial Machinery (Machine Tools, Assembly Line and Conveyor Systems, Others); Plastics and Packaging; Industrial Automation; Others. By Geography: North America (US, Canada, Mexico), South America (Brazil, Argentina,Chile, Colombia & Others),Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands & Others), APAC (China, Japan, South Korea, India, Australia, Indonesia, Malaysia & Others) ,RoW (Middle East & Africa)
Key Takeaways
AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. Industrial Automation dominated the global Industrial Motor market with a share of 24.61% in 2021, owing to growing use of motors in collaborative robots. North America held the largest share of 30.65% in the global Industrial Motor market in 2021 and growing at CAGR of 3.64% during 2022-2027, owing to rising number of government incentives to encourage use of energy efficient industrial motors. Increasing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factor that is analyzed to drive the market during the forecast period.
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Industrial Motor Market Segment Analysis-By Product Type
Based on product type, AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. AC motors have been classified into induction or asynchronous and synchronous motors. Asynchronous motors held the share of 65.45% in the AC motor market in 2021 and growing at CAGR of 4.64% during 2022-2027. These motors are the major type of industrial motors used in industrial applications like used in conveyors, cranes, pumps, elevators, compressors, drilling machines, oil extracting mills and others. Asynchronous motors have lot of advantages such as less cost, easy to maintain, efficiency in partial-load operation and others. Owing to its advantages, the adoption rate is higher among industries, thus supporting the growth of the Industrial Motor Market. In 2020, ABB Ltd launched a new range of low voltage IEC induction motors i.e. M3BP motors for industries metals, cement, pulp & paper, water & wastewater in India. These motors are compactly designed for applications such as fan, pump, compressor, crusher and crane and helps the industrial customers to save space and cost. Such developments will positively impact the growth of the market.
Industrial Motor Market Segment Analysis-By Application
Based on Application, Oil and gas dominated the global Industrial Motor market with a share of 24.61% in 2021 and is also anticipated to witness highest growth during the forecast period 2022-2027. Industrial motors serve an extensive range of applications in industrial automation vertical including food, packaging, logistics systems, tool machines and robots, among others. Stepper, servo, ac, and dc motors are the ideal motors to meet most industrial automation requirements. In industrial automation, robotics is the major trend in recent years and coming years. Robots are used for various handling purposes for precise and better quality of production. In recent years, the need for industrial automation to mitigate labour shortages in the industrial sector has become a prime concern. In addition, COVID-19 pandemic has posed new risks for workers working in close proximity. Under these circumstances, there is an increasing demand for collaborative robots that can safely work side by side with humans at sites without safety barriers and can flexibly handle multiple tasks which in turn boost the demand for industrial motors. In October 2021, Japanese electronics manufacturer, Omron announced to invest in Tech-man Robot, a manufacturer of collaborative robots in Taiwan and a subsidiary of Quanta Computer. This investment will boost robot business which is the driving force behind the growth of industrial automation This will further create opportunities for the growth of the Industrial Motor market.
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Industrial Motor Market Segment Analysis-By Geography
North America held the largest share of 30.65% in the global Industrial Motor market in 2020 and growing at CAGR of 3.64% during 2022-2027. The increasing adoption of industrial motors in power generation, aerospace, automotive and chemical industries is analyzed to expand Industrial Motor Market in this region. USA, Canada and Mexico are the top contributors in industrial motor market growth in this region. Moreover, a rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is expected to drive the market growth. For instance, USA has planned to increase carbon-free power generation from 27% to 35% of total by 2024, thus increasing the scope of adoption of energy efficient motors among industries. Similarly, In December 2020, Federal Electricity Commission planned to construct four nuclear reactors for power generation, thus creating opportunities for the use of energy efficient motors in nuclear power plants. Furthermore, the rising investments for the expansion of chemical industry also triggers the growth of the market in this region. In May 2020, ExxonMobil announced a $2billion investment in Baytown chemical plant expansion project. Such investments can increase the use of industrial motors for the need of handling toxic and aggressive acids, which can influence the market growth of Industrial Motor in the long run.
Industrial Motor Market Drivers
Growing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth
Increasing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth. In oil & gas industry, industrial motors are used for wide range of applications such as in off shore cranes, Compressors, Gas pumps, Winches and many others, thus raising its adoptability. Additionally, industrial motors play a vital role for drilling and bringing oil and natural gas resources to the surface and other applications in upstream part of this industry. Furthermore, rising investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. In December 2021, the Government of India planned to invest $2.86 billion in the upstream oil and gas production to double natural gas production to 60 bcm and drill more than 120 exploration wells by the end of 2022. These major investments tend to bring significant growth in the demand of industrial motors for Upstream Oil and Gas industry, further driving its market growth during the forecast period. Increasing production of electric vehicles has accelerated the demand for industrial motors during the forecast period. The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Increasing use of three phase induction motors in electric vehicles because of high efficiency and good speed regulation and absence is also anticipated to drive the growth of Industrial Motor Market. Additionally, increasing investments in production electric vehicles will increase the use of motors, thus contributing to the growth of the market. In 2021, Ford Motor announced to invest in production of electric vehicles to $30 billion by 2025, up from a previous spend of $22 billion by 2023. Such investments can increase the use of industrial motors for the need of good speed regulation, which can influence the market growth of Industrial Motor in the long run.
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Growth of Chemicals & Petrochemicals industries leading to the adoption of industrial motors is analyzed to drive the market growth in the forecast period
Growing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factors analyzed to drive the market during the forecast period. The Chemical & Petrochemical Industries have transformed tremendously at evolving several new technologies for processing chemicals along with automating these processes. The current challenge for the industries include to expand their market while maintaining optimum levels of profit. This has led to the rapid automation of the sector, particularly in the process automation segments which creates demand for industrial motors in the industry. The Chemical industry comprises of the facilities to process the raw materials derived from minerals, oil and natural gas, minerals and several other sources into industrial chemicals. This sector will be most influential in terms of growth prospects for LV and MV Industrial Motors in the forecast period as the chemicals are at the core of every demand either in industrial or consumer perspective. Moreover, induction motors are the major type of industrial motors that are used in wide variety of applications such as pumps, Compressors, Fans and blowers, centrifuges machines and mixers in chemical industry. The demand for pumps, compressors, fans and blowers, centrifuges machines and mixers in these industries are always high, owing to usage in handling toxic and aggressive acids, as well as highly flammable and explosive liquid. For instance, the chemical industry is a major sector that contributes towards the Spain’s GDP. In 2020, Spain's chemical sector accounted for 5.5% of their national gross domestic product (GDP) and 13.4% of the industrial GDP. The total revenue of the chemical sector was 64.519 billion euros, from which 36.57 billion were exported in 2020. This increasing growth was mostly due to rising local demand for chemicals coupled with engage in R&D cooperation with customers and institutes. These factors play significant role to develop higher demands for Industrial Motors in these industries resulting into the market growth.
Industrial Motor Market Challenges
High cost of raw materials to manufacture industrial motors can hamper the market growth
High cost of raw materials to manufacture industrial motors can act as a major challenge restraining the growth of Industrial Motor Market. The cost of raw material such as metals which includes steel, aluminium and insulation materials are quite expensive. Moreover, these industrial motors consume more electricity which results into rise of cost per unit. Furthermore, availability of low quality industrial motors is another factor that can hamper the market growth. Leading industrial motor manufacturing companies are facing intense competition from local motor manufacturers supplying inexpensive and low-quality AC and DC Motors to tap local markets, thus competing strongly with the global suppliers in the respective markets. Owing to the above mentioned factors, use of energy efficient industrial motor will be significantly impacted, thus hampering its market growth.
Industrial Motor Market Landscape
Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the Industrial Motor Market. The Industrial Motor Market top 20 companies include: ABB Ltd Siemens AG Nidec Corporation Brook Crompton UK LIMITED WEG S.A. Emerson Electric Co Rockwell Automation Inc TECO Electric & Machinery Co., Ltd Danfoss Toshiba Corporation Regal Rexnord Corporation Parker-Hannifin Corporation Fuji Electric Co., Ltd Eaton Corporation plc General Electric FANUC CORPORATION AMETEK, Inc Allied Motion Technologies Inc Hitachi, Ltd Bosch Rexroth AG
Recent Developments
In December, 2021, WEG S.A , the traditional supplier of electric motors, frequency drives, automation systems, paints and digital solutions (IOT and IA), signed partnership with Marcopolo for the development of Attivi, which is the first electric bus manufactured with its own chassis. Thus, the partnership is formed as Marcopolo Attivi is equipped with a WEG Powertrain and consist of a 395 kW and 2800 Nm of torque three-phase motor and a frequency drive. The WEG Powertrain is designed with the environmental protection principles, and thus, partnership is developed to adapt the vehicle to the demands for urban and intercity transports. In April 2021, Siemens announced the addition of the latest servo motors to its proven Sinamics S210 single-cable servo drive system. The Simotics S-1FS2 is a motor version with a stainless-steel housing, and featured with the highest degree of protection IP67/IP69, as well as high-resolution 22-bit absolute multi-turn encoders, resulting into the expansion of the range of applications across the food and beverage sector and pharmaceutical industry. In March 2020, Rockwell Automation launched New Fanless Kinetix VPC Servo Motor to offer better performance and higher energy efficiencies. The new fanless version of the Allen-Bradley Kinetix VPC enables Printers and other industrial operators to enhance their energy efficiency and reduce machine complexity with a continuous-duty servo motor from Rockwell Automation.
#Industrial Motors Market#Industrial Motors Market size#Industrial Motors Market share#Industrial Motors Market trends
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Rising Infrastructure Projects to Drive Mobile Crane Market’s Growth
Triton Market Research presents the Global Mobile Cranes Market report sectioned by Boom Type (Lattice Boom, Telescopic Boom), Carrier Type (Wheel-mounted, Track-mounted), Capacity (5 Tons, 21-20 Tons, 10-20 Tons, More Than 20 Tons), Terrain Type (On-road, Rough-terrain, All-terrain), End-user (Residential and Commercial Buildings, Infrastructure, Manufacturing, Utilities), Business Type (Original Equipment Manufacturing (OEM), Aftermarket), and Regional Outlook (Middle East and Africa, North America, Europe, Latin America, Asia-Pacific). The report further discusses the Market Summary, Industry Outlook, Impact of COVID-19, Key Insights, Porter’s Five Forces Analysis, Market Attractiveness Index, Vendor Scorecard, Regulatory Framework, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2022-2028).
Triton Market Research’s report highlights that the global mobile cranes market is anticipated to project growth at a CAGR of 5.74% throughout the forecasting period 2022-2028.
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A mobile crane is a hydraulic-powered equipment with a telescopic boom on truck-type carriers or self-propelled variations. They are designed to be easily transported to a site and used with various load and freight categories with little or no setup or installation.
Rising urbanization in emerging nations has raised infrastructure spending and the demand for related equipment & devices. Furthermore, implementing new development plans and projects leads to increased utilization of construction equipment. In the construction business, tower and mobile cranes are often employed. Tower cranes simplify lifting and transporting raw materials while constructing medium- to high-rise buildings. On the ground level, mobile cranes are required to transfer heavy building supplies such as iron beams, cement bags, and bricks. Thus, the rising infrastructure projects are anticipated to supplement the mobile cranes market’s growth.
However, mobile cranes require high expenditures to maintain vital components such as electrical contractors, pins, shafts, sheaves, wire ropes, brakes, gears, locking, fasteners, and mechanisms. Thus, the high cost of maintenance of mobile cranes can act as a challenge to the market.
Asia-Pacific is anticipated to be the fastest-growing market globally. Growing government funding in infrastructure and other strategic initiatives are projected to boost the construction sector, increasing demand for mobile cranes in the region. In India, the market began to expand as state governments and the central government commenced large building projects such as metro rail and Smart Cities. Furthermore, initiatives such as the dedicated freight corridor are expected to expand the construction industry, creating a demand for mobile cranes.
The prominent players in the mobile cranes market include Zoomlion Heavy Industry Science and Technology Co Ltd, Kato Works Co Ltd, Liebherr Group, The Manitowoc Company Inc, KOBELCO Construction Machinery Co Ltd, Sumitomo Heavy Industries Construction Cranes Co Ltd, Action Construction Equipment, Cargotec Corporation, Palfinger AG, Bauer AG, Terex Corporation, Xcmg Construction Machinery Co Ltd, Tadano Ltd, Sany Heavy Industry Co Ltd, and Xuzhou Construction Machinery Group Co Ltd.
In the construction equipment industry, the competitive rivalry is high. This is due to low switching costs from buyers. Additionally, several prominent companies are operating in India, competing based on quoted prices amid high price sensitivity. All these factors lead to high competition among market players.
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#Mobile Cranes Market#building and construction industry#Construction Technology Industry#market research report#market research reports#triton market research
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Global Mobile Crane Market by Material, Type, Technology, End-use Sector, and Region – Global Forecast 2021 to 2027
Global Mobile Crane Market Report Segmentation Outlook Forecast by 2020-2027 shows competitive landscape information which involving market share of top Manufacturers like – Altec, Inc, SANY Global, Manitowoc Company, Inc, Tadano, Inc, Terex Corporation, Zoomlion Heavy Industry Science & Technology Co., Ltd, Kobelco Construction Machinery Co., Ltd, Liebherr-International AG, and Cargotec Corporation with SWOT analysis and regional analysis. The Mobile Crane Market report offers significant information on market growth, driving factors, industry-oriented challenges and latest trends.
The report on Mobile Crane Market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the Mobile Crane Market over the period of 2021 to 2027. Furthermore, the report is a collective presentation of primary & secondary research findings.
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Mobile cranes are powerful equipment which can lift weights of up to few hundred tons. Mobile cranes are used in various applications such as in building constructions, mining, automotive, aircraft, hydro projects, and manufacturing. Compactness and ease of accessibility in small construction are major advantages of mobile crane.
Mobile Crane Market is segmented by company, region, by Type, and by Application. Players, stakeholders, and other participants in the Mobile Crane Market will be able to gain the upper hand as they use the report as a powerful resource.
Key Players
Various key players are listed in this report such as Altec, Inc, SANY Global, Manitowoc Company, Inc, Tadano, Inc, Terex Corporation, Zoomlion Heavy Industry Science & Technology Co., Ltd, Kobelco Construction Machinery Co., Ltd, Liebherr-International AG, and Cargotec Corporation.
Market Taxonomy
By Type
· Wheel-Mounted Mobile Crane
· Commercial Truck-Mounted Crane
· Railroad Crane, and Others
By Application
· Construction Mining & Excavation
· Marine & Offshore Industrial Application
· Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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#Mobile Crane Market Size#Mobile Crane Market Share#Mobile Crane MarketGrowth#Mobile Crane Market Trend
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Rubber Tired Gantry (RTG) Crane Market Drivers, Statistics and Forecast Report till 2025
July 23, 2021: The global Rubber Tired Gantry (RTG) Crane Market is estimated to touch US$ 1.64 billion by the completion of the prediction period. The market was appreciated by US$ 1.08 billion in the year 2016. It estimated to develop at a substantial CAGR for the duration of the prediction. The progressions in machineries, for example Active Load System [ALS], are likely to power the development of the market above the prediction period. Rubber Tired Gantry [RTGs] prepared by means of Active Load System [ALS] expertise assist in growing the steadiness of the container for the period of transport.
The growing trade by the way of sea owing to speedy industrial development has headed to the progress of port substructure throughout the world. The development in the sea route trade could be credited to the growing populace, particularly in emerging areas. Furthermore, supple tax policy through a number of areas for the importation of merchandises has headed to an upsurge in arriving vessel movement. This encourages the application of robust container handling equipment such as RTGs.
Financially developing nations comprising China, Columbia, Mexico, and India among others, are estimated to deliver sufficient occasions for the development of the market. The growing tendency of transshipments has headed to the growth of port substructure in these areas owing to growth in container circulation. The Rubber Tired Gantry Crane market on the source of Type of Power Supply could span Electric, Diesel, Hybrid. The diesel power-driven Rubber Tired Gantry (RTG) Crane ruled the international market. It was priced at US$ 724.3 million in the year 2016. The subdivision of electric power driven RTG expected to be the rapidly developing sector. Expected to record the CAGR of 9.9% above the prediction period.
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The electric power driven RTGs decrease the necessity for the maintenance of engine parts. They are capable to save engine oil equal to 600 liters per year. They take a lesser maintenance price and abridged down time. The areas like as Europe, wherever the administration has forced firm rules concerning air contamination and discharge mechanism, have observed an improved implementation of electric power driven Rubber Tired Gantry (RTG) Crane. They assists in dropping company expenditures by eradicating the practice of engine and hydraulic oil.
The RTG Crane market on the source of Type could span 16-Wheeler, 8-Wheeler.The subdivision of 16-wheeler RTG is estimated to appear as the speedily developing sector and is supposed to develop at a CAGR of 6.1% during the prediction period. Furthermore, the big number of wheels tips to suitable maneuverability and improved protection of the driver.
The Rubber Tired Gantry (RTG) Crane market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany and Turkey], Asia Pacific [India, Japan, China],Latin America [Mexico, Columbia].
By the source of geography, Middle East Asia [MEA] is estimated to be the speedily developing area, recording a CAGR of more than 5.3% above the prediction period. Asia Pacific ruled the market and prized by more than US$ 486.8 million in the year of 2016.
The harbors in Europe have accepted electrically powered Rubber Tired Gantry (RTGs) to decrease contamination and release of glass house gas. Government guidelines in this area, for example certification of carbon release in oceanic transport, have permitted the implementation of container handling apparatus, powered by electricity. Additionally, the harbor establishments has permitted making planned investments in the substructure of the harbor owing to the fiscal clarity.
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The statement revises Trades in terms of intake of Rubber Tired Gantry (RTG) Crane in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Reva Industries Ltd., MI-Jack Products, ElectroMech Material Handling Systems (India) Pvt. Ltd, TNT Crane & Rigging, Konecranes, Shanghai Zhen Hua Heavy Industries Co., Ltd, Kalmar, Liebherr, SANY GROUP and Anupam Industries Limited.
Market Segment:
RTG Crane Type Outlook (Revenue, USD Million; 2014 - 2025)
• 8-wheeler
• 16-wheeler
RTG Crane Power Supply Outlook (Revenue, USD Million; 2014 - 2025)
• Diesel
• Electric
• Hybrid
RTG Crane Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• Turkey
• Asia Pacific
• China
• India
• Japan
• Latin America
• Columbia
• Mexico
• MEA
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What are the key sustainability strategies adopted by leading players operating in the Port Equipment Market?
The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East.
The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs.
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Based on equipment type, the straddle carriers segment is estimated to lead the port equipment market during the forecast period. These are used for lifting and lowering containers, both vertically and horizontally. Straddle carriers are used in container handling have lifting capacities ranging from 40 to 60 tons. As per the industry experts, the demand for straddles is mostly generated from port terminals in Germany, the Netherlands, and the UK. Equipment manufacturers are focused on offering hybrid straddle carriers for port terminals owing to the growing requirement of advanced cargo handling equipment equipped with advanced technologies.
Based on application, the container handling application segment of the port equipment market is estimated to have the highest CAGR during the forecast period. The increase in seaborne trade in the last few years has led to an increase in the deliveries of marine vessels. With the increase in global maritime trade, the marine ports will be required to modernize to increase their container handling capacity. Increasing global imports and exports coupled with increasing maritime shipping are likely to drive the demand for port equipment.
Regional Outlook
Asia Pacific region shows the highest potential for implementation of port equipment
The port equipment market in the Asia Pacific region is expected to witness high growth during the forecast period. Port equipment are expected to be deployed in large numbers in port terminals, thereby providing various application areas of operations. In recent years, the maximum transportation of containers has been noticed from South Korea, China, Singapore, and India. According to the World Shipping Council, of the top 50 container port terminals in terms of handling million TEU in 2016, 24 were in Asia. These included China, Japan, Malaysia, Indonesia, Singapore, and Thailand.
Key Companies Outlook
The major players in the port equipment market include Liebherr (Switzerland), TTS (Norway), Kalmar (Finland), Konecranes (Finland), Sany (China), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Hyster (US), Lonking (China), CVS Ferrari (Italy), Anhui Heli (China), and Famur Famak (Poland), among others. Kalmar is one of the key market players engaged in contracts and acquisitions to increase the sale of port equipment for different applications.
Kalmar is one of the global leader offering new advanced port container handling equipment. The company has made several contracts with end users for supplying tractors and reachstackers, among others. In January 2018, the company has a supply contract for 10 TL2 terminal tractors from Trac-Wheels (Malaysia), a company involved in the sale and leasing of construction and container handling equipment in East Malaysia. The tractors are to be offered on lease to the Miri Port and Tanjung Manis Port terminals located in East Malaysia for integrated cargo handling solutions.
Konecranes is a publicly held company founded in 1910. It is one of the fastest-growing cranes supplying companies in the European region. Konecranes offers unique and customized solutions to its clients to cater to their requirements. Port equipment package offered by the company includes container reach stackers, straddle carriers, rail mounted gantry cranes, rubber tired gantry cranes, mobile harbor cranes, and automated terminal tractors. It allows customers to configure their own container handling process to meet their requirements. The company has over 48 customers across the globe.
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Automotive Differential Market Top Players | Industry Report 2025
The Automotive Differential Market size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort features in vehicles the market is expected to recover in the last quarter of 2020. The automotive differential market is estimated to observe a decline post-COVID-19 due to the impact on vehicle production. The increase in demand for light commercial and heavy commercial vehicles, increasing investment in infrastructure post COVID-19 pandemic is expected to boost the demand for construction equipment, and hence, the differential has led to the growth of the automotive differential market.
The decreased emission limits and increased fuel efficiency limits have fueled the demand for hybrid vehicles such PHEVs, which in turn is expected to have a significant impact on the global differential market. These vehicles mostly come under luxury and premium segment and hence, require advanced differentials such as limited slip differential (LSD), electronic LSD, and torque vectoring differential. Also, these hybrid vehicles come with all wheel drives which is also the major driving factor for the differential market. Torque vectoring differential is also a major technological advancement in the differential market as it can be equipped to all vehicle types. In a torque vectoring differential, the differential can decide that what torque needs to be applied to the wheels. Torque vectoring differential can use this specific situation to apply more torque to the outer wheel and lesser to the inner wheel. This is the most advanced differential in this market, the advantages offered by this differential makes it an attractive opportunity for the manufacturers.
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The electronically controlled limited slip differential is projected to be a high-growth segment of the automotive differential market. In an electronically controlled limited-slip differential a computer provides speed and more precision. When one-wheel slips, more power is provided to the other wheel leading to improved traction. The rise in penetration of electronic limited-slip differentials (ELSD) is one of the major trends that will gain traction in this market. The increased focus of the automotive OEMs to replace the mechanical parts with compact electrical components for fuel-efficiency will result in the adoption of ELSD in all vehicle segments.
Asia Oceania is estimated to lead the automotive differential market and will see a significant growth, with China being the highest contributor for this growth, owing to the increasing buying capability, stronger political outlook, and trade policies. Also, countries such as China and India have additional advantages like the availability of low-cost raw materials, low manufacturing costs, and use of domestically produced tools and other equipment. Hence, the automotive differential market will grow in this region with the increasing vehicle production.
The emphasis on the advancement of mobility solutions will foster the growth of the differential market, and therefore, players can tap these opportunities. As the automotive industry is moving toward automation and electrification, there is an increasing trend of vehicle electrification, semi-autonomous and autonomous vehicles. These vehicles will show a high requirement of advanced differentials such as LSD, ELSD, and torque vectoring to maintain the comfort, safety, and vehicle performance leading to an increase in the requirement of these advanced differentials. Hence, the need for different differentials is expected to rise in line with the growing requirement for electrification, autonomous and semi-autonomous vehicles.
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Leading market players have adopted strategies of new product development and expansion to increase their share in the automotive differential market. For instance, in March 2020, Dana Incorporated launched a new series of eight Spicer Torque-Hub drives, expanding the company’s offering of drive and motion technologies for crawler cranes and other large tracked vehicles. With torque ratings from 80,000 N-m up to 450,000 N-m, the new drives offer flexible packaging and gear ratios to meet manufacturer preferences for tracked and wheeled applications.
Key Market PLayers:
The automotive differential market is dominated by a few global players and comprises several regional players. Some of the key manufacturers and suppliers in the automotive differential market are GKN (UK), Eaton (Ireland), American Axle (US), JTEKT (Japan), Dana (US), BorgWarner (US), Linamar (Canada), Schaeffler (Germany), ZF (Germany), and Continental (Germany).
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Crane Market to Make Great Impact in Near Future by 2029
Despite the average performance of construction industry in 2016, predictions for the performance in 2017 remains positive.an positive growth of the associated industries is expected in the forthcoming years of the month. The global construction industry is anticipated to witness an annual growth rate, ranging between 5-10% in this year. The construction industry is a major end user of cranes, thus its performance has a notable impact on the growth of crane market. Though, the existing uncertainty in the global construction market could affect the demand for cranes in construction application, but the robust growth of automotive industry and steady revenue increment from mining are expected to fuel the growth of the global crane market. Global crane market is anticipated to witness noteworthy growth in developing parts of Asia Pacific, while a moderate growth will be foreseen in the America, Europe and the Middle East. Small sized equipment, affordable price, reliability and improved productivity will remain key concerns in the global crane market. The global crane market covers a vast number of products serving various requirements, including wheel mounted cranes, crawler cranes, side boom, straddle crane, railroad crane, and aerial cranes. These cranes are further bifurcated into telescopic, hydraulic, articulated etc.
Global Crane Market: Market Dynamics
The ongoing demand for construction of smart cities across geographies and various mega construction particularly in developing countries will rise demand for the cranes. Increasing investments made by governments as well as private sector companies in infrastructure development projects is the major factor driving growth of the global crane market. Within these infrastructure projects the key demand drivers going forward are road construction, urban infrastructure, irrigation and mining operations. Investments in infrastructure can be classified into investments for roads, ports, airports, railways, pipelines, irrigation, waterways and urban infrastructure. Further, increasing demand for high capacity lifting is boosting the demand for some specialized products such as mobile cranes.
Increasing focus of customers towards procuring used cranes due to avoid high cost new equipment is a crucial factor which can obstruct the market growth. Some of the key trends witnessed in the market are shifting focus towards compact and remote operated cranes and changing consumer towards crane that ensures driver’s comfort and safety.
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Global Crane Market: Market Segmentation
On the basis of product type, the Crane market can be segmented into;
Mobile Cranes
Fixed Cranes
Marine Cranes
Truck Cranes
All Terrain Cranes
Crawler Cranes
Side Boom
Straddle Crane
Aerial Cranes
Floating Crane
Railroad Crane
Tower Cranes
Overhead Track-mounted Cranes
Level Luffing Cranes
Underhung Cranes
Stiff-leg Derrick
Harbor Cranes
Ship Cranes
Others
On the basis of supply type, the Crane market can be segmented into;
Construction Industry
Mining Industry
Oil & Gas Industry
Shipping & Port Building
Automotive
Others
Global Crane Market: Region-wise Outlook
Asia Pacific is expected to dominate the volume demand for Crane over the forecast period owing to increasing construction activities in the region. China and India are expected to emerge as the major contributor to the overall revenue in Asia Pacific. Europe and Japan are expected to be the next big market for cranes. Western Europe contributes for majority of the demand of cranes in the Europe and Eastern Europe hold nominal market share in the Europe. Followed by Asia Pacific, Europe and Japan is the North America, which is a matured market for cranes. The market is expected to witness steady growth as compared to robust growth in the developing region such as Asia Pacific. Middle East and Africa region is anticipated to witness moderate to steady growth in the annual sales of cranes. GCC countries will remain one of the major contributor in the growth of the market. Long term outlook for the market in South Africa remains positive.
Global Crane Market: Market Participants
Examples of some of the market participants identified in the global Crane market are;
Liebherr Group
Terex Corporation
Tadano Ltd.
Altech Industries
Zoomlion Heavy Industry Science and Technology Co., Ltd.
XCMG Construction Machinery Co., Ltd.
Sany Heavy Industry Co., Ltd
KATO WORKS CO., LTD.
Kobelco Construction Machinery Co., Ltd.
Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd.
FURUKAWA UNIC CORPORATION
Columbus McKinnon Corporation
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K., Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Revolutionizing Operating Rooms: Surgical Booms Market Sets New Trends and Achieves Unprecedented Growth
The global Surgical Booms Market is experiencing a paradigm shift, witnessing remarkable trends and achieving unprecedented growth, according to the latest market analysis. As healthcare facilities continue to evolve, the demand for advanced and efficient surgical equipment is on the rise, propelling the Surgical Booms Market into a new era of innovation and expansion.
Key Trends Redefining the Surgical Booms Market:
Integration of Advanced Technologies: Surgical booms are increasingly incorporating cutting-edge technologies, such as smart connectivity, advanced imaging capabilities, and robotic assistance. These technological integrations enhance surgical precision, streamline workflow, and contribute to better patient outcomes.
Customization for Specialized Applications: The market is witnessing a surge in demand for customized surgical booms designed for specific medical disciplines. From neurosurgery to cardiovascular procedures, manufacturers are focusing on tailoring their products to meet the unique requirements of different specialties, thereby enhancing the overall efficiency of healthcare delivery.
Rising Adoption of Hybrid Operating Rooms: With a growing emphasis on minimally invasive procedures, hybrid operating rooms are becoming more prevalent. Surgical booms play a pivotal role in these environments by providing space optimization, ergonomic design, and seamless integration of medical equipment, fostering a conducive environment for complex surgeries.
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Key Segments Driving Market Growth:
Hospitals and Surgical Centers: The largest segment in the market, hospitals and surgical centers are investing significantly in state-of-the-art surgical booms to improve surgical workflows and enhance patient care.
Ambulatory Surgical Centers (ASCs): ASCs are witnessing a surge in demand for compact and versatile surgical booms, catering to the growing trend of outpatient surgeries. The cost-effectiveness and flexibility offered by these centers are driving the adoption of advanced surgical equipment.
Specialty Clinics: The increasing focus on specialized medical services has led to a rise in the number of specialty clinics adopting surgical booms customized for their unique requirements.
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Mobile Construction Cranes Market Projections Deliver Positive Revenue Growth during the Period between 2018-2028
Global Mobile Construction Cranes Market - A Report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global mobile construction cranes market. The mobile construction cranes market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the mobile construction cranes market report elaborates the market behavior of each vendor operating in the mobile construction cranes market.
Manufacturers in the mobile construction cranes market are investing in the research and development activities to develop robot cranes and introduce new technology. Adoption of new technology is enabling mobile construction cranes to be energy efficient, and compact. However, mobile construction cranes market worldwide is facing challenges due to the skilled labor shortage and increased cost of labor.
The mobile construction cranes market is anticipated to witness a slow growth. The latest report by Fact.MR expects the mobile construction cranes market to surpass US$ 9,000 million revenue by the end of 2018. Growth in the renewable energy projects to meet the ever-increasing demand for power supply is also one of the factors driving demand in the mobile construction cranes market.
The mobile construction cranes market report considers the following years to present the overall market growth:
History Year: 2013-2017
Base Year: 2013
Estimated Year: 2028
Forecast Year: 2018 – 2028
Key findings of the mobile construction cranes market study:
Regional breakdown of the mobile construction cranes market based on predefined taxonomy.
Innovative manufacturing processes implemented by mobile construction cranes market vendors in detail.
Region-wise and country-wise fragmentation of the mobile construction cranes market to grasp the revenue, and growth outlook in these areas.
Changing preferences among consumers across various regions and countries.
Factors (Positive and Negative) impacting the growth of the global mobile construction cranes market.
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On the basis of product, the mobile construction cranes market study consists of:
Wheeled Loaders
Crawler Excavators
Backhoe Loaders
Mini Excavators
Mobile Cranes
On the basis of region, the mobile construction cranes market study contains:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa (MEA)
Key players analyzed in the mobile construction cranes market study:
Liebherr-International AG
Manitowoc Co. Inc.
Terex Corporation
TADANO Ltd.
Kobelco Construction Machinery Co., Ltd.
XCMG Co. Ltd
Zoomlion Heavy Industries Science & Technology Co Ltd
Palfinger AG
Sumitomo Heavy Industries, Ltd.
Sany Heavy Industries Co Ltd.
Queries addressed in the mobile construction cranes market report:
How has the global mobile construction cranes market grown over the historic period of 2013-2017?
Why are the mobile construction cranes market players targeting region for increased product sales?
What patented technologies are the players utilizing in the global mobile construction cranes market?
Which regions are displaying the fastest growth in the mobile construction cranes market?
What are the underlying micro- macroeconomic factors affecting the global mobile construction cranes market?
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Global Non Destructive Testing Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024
Nondestructive testing or non-destructive testing (NDT) is a wide group of analysis techniques used in science and technology industry to evaluate the properties of a material, component or system without causing damage. The terms nondestructive examination (NDE), nondestructive inspection (NDI), and nondestructive evaluation (NDE) are also commonly used to describe this technology. Because NDT does not permanently alter the article being inspected, it is a highly valuable technique that can save both money and time in product evaluation, troubleshooting, and research. The six most frequently used NDT methods are eddy-current, magnetic-particle, liquid penetrant, radiographic, ultrasonic, and visual testing. NDT is commonly used in forensic engineering, Aircraft Industry, petroleum engineering, Space Industry, civil engineering, systems engineering, aeronautical engineering, medicine, and art. Innovations in the field of nondestructive testing have had a profound impact on medical imaging, including on echocardiography, medical ultrasonography, and digital radiography.
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Regularly scheduled maintenance is critical to ensuring aircraft safety. Defects that go undetected put both the aircraft and, more importantly, the lives of its passengers and crew in jeopardy. Therefore, it is vital that aircraft maintenance technicians use every precaution possible to find problems before tragedy strikes.
It is clear that NDT has advantage from other inspection techniques as it does not make any changes to the article. It is a highly-valuable technique that can save both money and time in product evaluation, troubleshooting, and research. NDT is very useful in order to detect cracks in materials of magnitude in micrometers.
Its aerospace application includes detection of cracks caused due to corrosion, fatigue and their synergistic interactions. Crank shafts, frames, flywheels, crane hooks, shaft, steam turbine blades and fasteners are some of the components which are more vulnerable to fatigue so regular inspection is necessary via NDT method. Typical components which are inspected using NDT method by manufacture in order to maintain quality are turbine rotor disc and blades, aircraft wheels, castings, forged components and welded assemblies.
It can be said that NDT method has to be carried out in order for the aircraft to operate safely during service time and avoid any accidental damage due to fatigue and corrosion, because it inflicts no further damage on the material being tested and can mean the difference between life and death.
The global Non Destructive Testing Services market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Non Destructive Testing Services.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Non Destructive Testing Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Non Destructive Testing Services market by product type and applications/end industries.
Market Segment by Companies, this report covers
PMP
Mitchell Laboratories
Acuren
Jan-Kens Enameling Co
MISTRAS Group
Element
AMP
Aviation Repair Solution
Triumphgroup (Embee Division)
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Ultrasonic Testing
Radiography Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Other
Market Segment by Applications, can be divided into
Aircraft Industry
Space Industry
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Table of content:
1 Market Overview
2 Manufacturers Profiles
3 Global Non Destructive Testing Services Market Competition, by Players
4 Global Non Destructive Testing Services Market Size by Regions
5 North America Non Destructive Testing Services Revenue by Countries
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Global Mobile Cranes Market Trends | Segmentation, Outlook, Industry Report to 2021-2027
The global mobile cranes are estimated to grow at a CAGR of 5.9% during the forecast period. The growing construction industry is reflecting positively on the market growth. As per the India Brand Equity Foundation (IBEF), the Indian real estate sector is one of the most globally known sectors, which consists of four sub-sectors, including hospitality, housing, commercial, and retail. The growing real estate market in India is primarily led by urban and semi-urban accommodations and the rising demand for office space.
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Indian real estate market will grow to $9.3 billion by 2040 from $1.7 billion in 2019. The favorable demographic shift has also propelled the growth in the real estate sector. Mobile cranes are the most basic kind of crane and contain telescopic boom mounted and steel truss on some type of mobile platform. This platform could be a rail, wheeled, or even a cat truck. A tower crane is regarded as a new kind of balance crane. While fixed to the ground, this kind of crane will normally provide the best lifting and height capabilities. These cranes are also used while constructing tall buildings.
A Full Report of Global Mobile Cranes Market is Available at: https://www.omrglobal.com/industry-reports/mobile-cranes-market
Scope of the Global Mobile Cranes Market
Market Coverage
Market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Product Type and Application
Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
Competitive Landscape- Liebherr-International AG, Tadano Ltd., Sany Heavy Industry Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., and The Manitowoc Co., Inc.
Global Mobile Cranes Market-Segmentation
By Product Type
Truck Mounted Crane
Crawler Crane
Trailer Mounted Crane
By Application
Construction
Industrial
Utility
Global Mobile Cranes Market– Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
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Crawler Tractor Market Sales Revenue, Future Growth, Trends Plans, Top Key Players
The global crawler tractor market size is expected to reach USD 3.94 billion by 2026 according to a new study by Polaris Market Research. The report “Crawler Tractor Market Share, Size, Trends, Industry Analysis Report By Type (Low HP, High HP); By Application (Agriculture, Construction, Mining, Forest, Other); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Elevated demand for advanced machinery, including agriculture, mining, forestry and construction, is driving the global market. In order to develop and improve the capacity and applications of present tractors, firms operating in this sector are conducting rigorous studies. Continuous innovation in technology and product launch allows companies to gain a competitive edge and to boost their sales. Moreover, the need for these systems in several fields is driven by increased maintenance and installing activities for rebuilding infrastructure in combination with road construction activities.
Request for a sample copy of this research report @ https://www.polarismarketresearch.com/industry-analysis/crawler-tractor-market/request-for-sample
Moreover, the developments in agriculture have increased demand for modern equipment in order to enhance productivity. This is also seen as one of the principal factors contributing to the growth of crawler tractors. However, during the forecast period, the elevated expenses of crawler tractors will probably diminish market growth, along with the absence of skilled laborers to use these large and powerful machines.
Over the centuries, the crawler tractor has established itself as a heavy duty operations solution. Crawler tractors generally use heavy duty tracks instead of pneumatic tires for plenty of activities than standard tractors, allowing their weight to distribute them far more evenly across the earth and allowing them to reach regions in which rubber tires fail to perform. Due to the large surface area, they are considerably more stable while operating slower than the average tractor and are significantly less likely to sink to soft surfaces. A crawler tractor has the advantage of having a much wider range than a wheeled tractor to spread its weight. The soil is not as tight as a wheeled tractor with a crawler. In agriculture, where the ground is compacted, this is monumental. This has resulted in its comprehensive use in agriculture, one of the major vertical sectors that drives the global market.
The global market for crawler tractors was dominated by the construction industry. Most tractors are used to move and design heavy earth. A blade or crane attachment is provided for the base monitoring chassis. Many tracked vehicles are also used in agriculture. In fields where a rolling vehicle could not cross, the tractor is accountable for efficient building projects. This resulted in its dominant use in the construction sector.
North America was the dominant market for crawler tractors in 2018 and hold the largest market share in the global market. The important factor attributed to this major market size is that advanced methods are increasingly being implemented to make human job a lot easier. While this region dominates the market, steady growth in this region is anticipated. The majority of the countries of Europe and Asia-Pacific are expected to experience rapid growth in the global crawler sector.
Complete Summary with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/crawler-tractor-market
The primary industry players include John Deere, Liebherr Group, Caterpillar Inc., Case IH, New Holland, Chetra, Dressta, HBXG, Hitachi, Komatsu, Mitsubishi, YTO, Kubota, DEUTZ-FAHR, CLASS, AGCO Corp, Shantui, among others. Emerging economies such as India and China are considered to be the major markets due to continuous development in construction and mining, thus giving major companies to expand their operations. This can be seen with major companies expanding their operations in these regions along with many local or regional players coming with new products for the local market.
Polaris Market Research has segmented the crawler tractor market report on the basis type, application and region
Crawler Tractor Type Outlook (Revenue, USD Million, 2015 – 2026)
Low HP
High HP
Crawler Tractor Application Outlook (Revenue, USD Million, 2015 – 2026)
Agriculture
Construction
Mining
Forest
Others
Crawler Tractor Regional Outlook (Revenue, USD Million, 2015 – 2026)
U.S.
Canada
UK
Germany
France
Italy
Russia
India
Japan
China
South Korea
Brazil
Mexico
Colombia
Saudi Arabia
South Africa
Israel
UAE
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Aircraft Braking System Market: Increasing Demand, Current Growth Rate, Future Outlook and Forecast to 2027
As the name suggests, an aircraft braking system aides in stopping an aircraft or a helicopter while it is on the land. It is the only aircraft system without built-in redundancy. Braking is a crucial component during ground operations such as landing and engine start-up. A typical braking system consists of the brakes, wheels, and the braking control element.
Increase in air-traffic, rise in commercial & defense aircraft investment, surge in manufacturing capabilities of the leading aircraft manufacturers are the main drivers of the global aircraft braking systems market. The increase in consumer preference for air travel is driving aircraft companies to expand their aircraft fleet. However, stringent government regulations on the air-traffic is expected to hamper the growth of the global aircraft braking systems market.
Nevertheless, the technological advancements in the braking systems are forcing aircraft manufacturers to replace the old braking systems with new and updated ones. This is anticipated to propel the market growth. Moreover, rise in demand for military-grade drones, owing to its cheap and safe operation compared to manned aircrafts is expected to offer a fresh opportunity to the aircraft braking system market growth.
This reports segments the global aircraft braking system market into component, type of brake, fit, and endusers. Component-wise the market is classified into brakes, wheels, and brake control element. The brake control element consists of all the components that aid in braking. They include sensors, transducers, actuators, and valves. By type of braking, the market is categorized into electric, carbon and steel brakes. By fit, the market is bifurcated into line-fit and retrofit. The report also identifies and analyzes the market on the basis of end users of the aircraft braking system which covers commercial aviation industry and the defense sector. Commercial aviation uses these systems in their aircrafts, cargo jets, and helicopters; whereas in the defense the braking systems find their application in combat aircrafts, aircraft tankers, and helicopters. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the aircraft braking systems design, development, manufacturing, and services include Safran SA, UTC Aerospace Systems, Zodiac Aerospace, Honeywell International Inc., Meggitt PLC, Parker Hannifin Corp., United Technologies Corp., Crane Aerospace and Electronics, AAR Corporation, Beringer Aero, Lufthansa Technik AG, Jay-Em Aerospace, Inc., Grove Aircraft Landing Gear Systems Inc., Bauer, Inc., Beringer Aero, and Advent Aircraft Systems Inc..
Key Benefits For Stakeholders:
The aircraft braking system market size has been analyzed across all regions
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
Major countries in the region have been mapped according to their individual revenue contribution to the regional aircraft braking system market
The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study
The market analysis covers in-depth information of the global aircraft braking system industry share of participants
Key Market Segments
By Component
Brakes
Wheels
Brake Control Element
By Type of Brake
Electric Brake
Carbon Brake
Steel Brake
By Fit
Line-fit
Retrofit
By End User
Commercial
Defense
Region
U.S.
Canada
Mexico
UK
Germany
France
Spain
Italy
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Player
Safran SA
UTC Aerospace Systems
Zodiac Aerospace
Honeywell International Inc.,
Meggitt PLC
Parker Hannifin Corp.,
United Technologies Corp.
Crane Aerospace and Electronics
AAR Corporation
Beringer Aero
Lufthansa Technik AG
Jay-Em Aerospace, Inc.
Grove Aircraft Landing Gear Systems Inc.
Bauer, Inc.
Beringer Aero
Advent Aircraft Systems Inc.
Browse Complete Report & TOC @
https://www.alliedmarketresearch.com/aircraft-braking-system-market-A06199
#Aircraft Braking System Market#Aircraft Braking System Market share#Aircraft Braking System Market demand#Aircraft Braking System Marketsize#Aircraft Braking System Market forecast
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