Product Code: ETC049984 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Mobile Crane market currently, in 2023, has witnessed an HHI of 6241, Which has increased substantially as compared to the HHI of 4601 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India Mobile Crane Market was valued at USD 644.8 million in 2020 and is expected to grow at a CAGR of 5.7% during the forecast period from 2020 to 2026. The growth of this market can be attributed to increasing construction activities, along with growing investments for infrastructure projects across the country. Additionally, increasing demand from industrial sector coupled with rising government initiatives towards development of smart cities are also likely to drive the mobile crane market in India over the coming years.
Rising Infrastructure Investment: Increasing investment for major urban infrastructure expansion plans including airports, dams & bridges; and improvement of existing road networks is expected to drive the demand for mobile cranes in India over next couple of years. Growing Construction Activities: Growth in real estate segment owing to rising disposable income levels among consumers coupled with robust economic growth; as well as surge in public-private partnerships (PPP) models have resulted into significant rise in construction activities ? which has been further propelled by several ?Housing For All? schemes launched by Government of India - thereby creating potential opportunities for mobile crane manufacturers throughout forecast period up till 2026 . Technological Advancements: Developmental advancements such as automatic load monitoring system and higher lifting capacity due introduction/advancement or hydraulic technology have significantly contributed towards increased efficiency & productivity while operating these machines - which is likely boost their uptake across diverse industry verticals during assessment period..
High Cost Associated With Mobile Cranes : Owing high cost associated with acquisition & maintenance, several small scale end users are often hesitant when it comes make an investment on these machines - thus limiting its utilization across various industries particularly SEMs. Low Availability Of Skilled Operators : Limited availability skilled operators who have knowledge about safety measures related operating cranes may lead delay execution time sensitive projects ?? resulting fewer sales opportunity not only within construction but other sectors too.
Some prominent players operating within IndiaMobile Crane market include Zoomlion Heavy Industry Science&Technology Co Ltd., XCMG
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Mobile Crane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Mobile Crane Market Revenues & Volume, 2020 & 2030F |
3.3 India Mobile Crane Market - Industry Life Cycle |
3.4 India Mobile Crane Market - Porter's Five Forces |
3.5 India Mobile Crane Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Mobile Crane Market Revenues & Volume Share, By Application Type, 2020 & 2030F |
4 India Mobile Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Mobile Crane Market Trends |
6 India Mobile Crane Market, By Types |
6.1 India Mobile Crane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Mobile Crane Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Mobile Crane Market Revenues & Volume, By Truck Mounted, 2020-2030F |
6.1.4 India Mobile Crane Market Revenues & Volume, By Trailer Mounted, 2020-2030F |
6.1.5 India Mobile Crane Market Revenues & Volume, By Crawler Crane, 2020-2030F |
6.2 India Mobile Crane Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 India Mobile Crane Market Revenues & Volume, By Construction, 2020-2030F |
6.2.3 India Mobile Crane Market Revenues & Volume, By Industrial, 2020-2030F |
6.2.4 India Mobile Crane Market Revenues & Volume, By Utility, 2020-2030F |
7 India Mobile Crane Market Import-Export Trade Statistics |
7.1 India Mobile Crane Market Export to Major Countries |
7.2 India Mobile Crane Market Imports from Major Countries |
8 India Mobile Crane Market Key Performance Indicators |
9 India Mobile Crane Market - Opportunity Assessment |
9.1 India Mobile Crane Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Mobile Crane Market Opportunity Assessment, By Application Type, 2020 & 2030F |
10 India Mobile Crane Market - Competitive Landscape |
10.1 India Mobile Crane Market Revenue Share, By Companies, 2023 |
10.2 India Mobile Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |