Tower Crane Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027

The tower crane market is expected to grow at a CAGR of 5% from 2021 to 2027. The increase in urbanization has led to skyscrapers, bridges, dams and many other infrastructure and development projects around the world, and has been a major driver of the tower crane market. The growing adoption of precast construction technology has further driven the demand for tower cranes in the building and construction industry.

Tower Crane Market – Segmentation

By Type

• Self-erecting
• Luffing Jib
• Hammer Head
• Flat Top

By Lifting Capacity

• Less than 5 ton
• 6 to 10 ton
• More than 10 ton

By End User Industry

• Building Construction
• Infrastructural Construction
• Energy
• Others

Key Players

• Action Construction Equipment Ltd.
• ENG CRANES Srl
• JASO Tower Cranes
• Liebherr-International AG
• Manitowoc Company, Inc.
• SANY Global
• Sarens n.v./s.a.
• Terex Corporation
• XCMG
• Zoomlion Heavy Industry Science & Technology Co., Ltd.   

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Tower Crane Market Report

• What was the Tower Crane Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Tower Crane Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Tower Crane Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.