Overhead Cranes, Global Market Size Forecast, Top 15 Players Rank and Market Share (Internet Services - Other Internet Services)
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Overhead Cranes, Global Market Size Forecast, Top 15 Players Rank and Market Share | |
Overhead Cranes is a type of crane found in industrial environments. An overhead crane consists of parallel runways with a traveling bridge spanning the gap. A hoist, the lifting component of a crane, travels along the bridge. If the bridge is rigidly supported on two or more legs running on a fixed rail at ground level, the crane is called a gantry crane (USA, ASME B30 series) or a goliath crane (UK, BS 466). This report mainly covers the Bridge Crane product type. According to the new market research report “Global Overhead Cranes Market Report 2023-2029”, published by QYResearch, the global Overhead Cranes market size is projected to reach USD 7.12 billion by 2029, at a CAGR of 3.1% during the forecast period. Market Drivers: D1: The rise in governmental investment for the development of infrastructural activities drives the growth of overhead cranes market. Under the ‘Industry 4.0’ plan, various players are adopting new digitization technologies in industrial spaces to enhance the output generated through industrial process. This has driven the demand for overhead cranes with electronic controls. D2: Moreover, growing focus on workplace safety in industrial applications boost the growth of overhead cranes market. Overhead cranes are specialized equipment designed to lift and transfer bulky and heavy loads in industrial spaces. Inappropriate handling and lifting of such heavy goods can create risks for not only the object, which is lifted, but also the personnel working in the nearby space. D3: In addition, overhead cranes also eliminate the need for forklifts which increases the working area in the factory. Such factors promote the demand for overhead cranes, which in turn drives the growth of the global overhead cranes industry. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
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2024-05-19 (0.388 sec)