Truck Mounted Cranes - Global Markets, 2022: Expected to Grow at a CAGR of 9%+ from 2018

Dublin, Nov. 14, 2018 (GLOBE NEWSWIRE) -- The "Global Truck Mounted Crane Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Owing to rapid technological advancements, several truck-mounted crane manufacturers are incorporating the latest technologies such as telematics and software systems to meet the continuously evolving operational needs of the modern customers.

With this increasing adoption, according to the report, the truck mounted crane market will register a CAGR of more than 9% by 2022.

The latest trend gaining momentum in the market is the growing role of technology such as software which are enabling the end-users to improve efficiency and offer upgraded maintenance features.

According to the report, one of the major drivers for this market is the rapidly increasing investments in the construction and utilities industries across the advanced and emerging economies. The growth of construction activities in the advanced and emerging economies will boost the adoption of truck-mounted cranes in the forthcoming years. Owing to the increasing interest of the market players to enhance their geographic presence, the demand for truck-mounted cranes is likely to proliferate over the next few years.

Further, the report states that one of the major factors hindering the growth of this market is the lack of skilled operators contributing to the delay and loss in profitability of projects for truck-mounted crane owners. Operating the truck-mounted cranes requires technical expertise owing to the challenging nature of the construction jobs. However, companies are often facing a challenge in finding skilled crane operators for catering the end-user demands.

The market has a moderately fragmented presence of truck mounted crane manufacturers increasingly focusing on the integration of advanced technologies to improve their market positions. This will result the market to witness intense competition in the forthcoming years. The continuously increasing construction activities, especially from the developing countries will further encourage the market players to launch innovative product offerings.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

• Segmentation by end-user
• Comparison by end-user
• Construction - Market size and forecast 2017-2022
• Industries - Market size and forecast 2017-2022
• Utilities - Market size and forecast 2017-2022
• Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• APAC - Market size and forecast 2017-2022
• Americas - Market size and forecast 2017-2022
• EMEA- Market size and forecast 2017-2022
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

• Growing role of technology
• Adaptation of diesel engines for mobile crane applications
• Rising popularity of boom trucks

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive landscape

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Liebherr
• Manitowoc
• Sumitomo Heavy Industries
• Tadano
• Terex

For more information about this report visit https://www.researchandmarkets.com/research/vqnwsl/truck_mounted?w=12

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                    Related Topics: Cranes and Lifting Equipment