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.
A full report of Tower Crane Market available at: https://www.orionmarketreports.com/tower-crane-market/11597/
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.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
