
Key Companies Covered in Mobile Crane Market Research Report Are Zoomlion Heavy Industry Science & Technology Co., Ltd., Kobelco Construction Machinery Co., Ltd., Manitowoc, Sarens n.v./s.a., PALFINGER AG, Terex Corporation, SANY GROUP, XCMG Group, Liebherr-International Deutschland GmbH, Tadano Ltd., KATO WORKS CO., LTD., Sumitomo Heavy Industries, Ltd.
Pune, India, Feb. 23, 2021 (GLOBE NEWSWIRE) — The global mobile crane market size is anticipated to reach USD 22.34 billion by 2026 owing to increasing investments in the construction and shipbuilding sectors. This is further attributable to the rapid urbanization and the rise in the number of import and export facilities. Mobile cranes are used for lifting heavy objects and move them for short distances and also used for constructing giant tower cranes. According to a recent report published by Fortune Business insights™ titled, “Mobile Crane Market Size, Share & Industry Analysis, By Type (Truck Crane, All Terrain Crane, Rough Terrain Crane, Crawler Crane, and Others), By Application (Construction, Oil & Gas, Ship Building, Power & Utilities and Others) and Regional Forecast, 2019-2026,” the market size was USD 14.35 billion in 2018 and will rise at a CAGR of 5.8% between 2019 and 2026.
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