Report forecast the global
handling and lifting equipment market to grow at a CAGR of 10.57% during the
period 2016 - 2020.
Handling equipment is used in the
transportation and storage of materials and assemblies. Material handling
activities start from the unloading of goods to the transfer of these goods
into storage, assembly, packaging, and finally loading for transportation.
Handling equipment must be designed based on the various stages of production.
Lifting activities consider
factors such as lift radius, machine capacity at a given range, wind speed, and
ground conditions. Lifting equipment has developed in terms of carrying
capacity. Advanced equipment can perform complicated tasks with relative ease
of movement, especially when compared to the traditional handling and lifting
equipment.
The handling and storing of
materials involve various processes like hoisting a large number of steel with
a crane, transporting a truck loaded with concrete blocks, and piling stacked
bricks and other materials such as drums, barrels, and lumber.
The report covers the present
scenario and the growth prospects of the global handling and lifting equipment
market during 2016-2020. To calculate the market size, the report considers the
revenue generated from sales of handling and lifting equipment across the
globe.
The market is divided into the
following segments based on geography:
- Americas
- APAC
- EMEA
Global Handling and Lifting
Equipment Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also includes
a discussion of the key vendors operating in this market.
According to the report,
skyscrapers are increasingly being built in many large and medium-sized cities
due to rapid urbanization and economic growth worldwide. Ultra-high-rise
buildings, which are more than 300 meters in length, are being constructed in
many countries. These structures act as local landmarks and attract both
domestic and foreign enterprises.
Further, the report states that
for the efficient performance of the equipment and improved productivity,
ongoing support and maintenance are essential. If vendors are unable to provide
adequate customer support, it may have serious implications for the company in
terms of efficiency and output, affecting the profitability.
Key players in the Global Handling
and Lifting Equipment Market: Komatsu Ltd., Konecranes plc, Liebherr Group, and
Terex.
Other Prominent Vendors in the
market are: American Crane and Equipment, Cargotec, Escorts Construction
Equipment, Haulotte (Pinguely-Haulotte), Manitex International, Manitowoc
Cranes, Sany Group, Shandong Dahan Construction Machinery, and Tadano.
Market driver
- Increased construction of high-rises
- For a full, detailed list, view our report
Market challenge
- Need for continuous support and maintenance
- For a full, detailed list, view our report
Market trend
- Emergence of new handling and lifting equipment
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 60 pages “Global Handling and Lifting Equipment Market 2016 - 2020”
report covers Executive summary, Scope of the
report, Market research methodology, Introduction, Market landscape, Market
segmentation by product, Geographical segmentation, Market drivers, Impact of
drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape, Appendix.
For more information Visit at: http://mrr.cm/JqS
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report at: http://www.marketresearchreports.com/machinery
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