Product Code: ETC049987 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore Mobile Crane Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at -0.00% in 2025 and reaches -0.00% by 2029.
By 2027, the Mobile Crane market in Singapore is anticipated to reach a growth rate of -0.00%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Singapore Mobile Crane market is expected to grow at a CAGR of 4.6% during the forecast period 2025-2031. The growth of this industry can be attributed to the increasing need for efficient and reliable handling systems in various sectors such as construction, material handling, and oil & gas exploration activities. Furthermore, advancements in mobile crane technology have enabled cost reduction and increased safety standards, which has further fueled the demand for these cranes across different industries. In addition, government initiatives towards infrastructure development are expected to create new opportunities for the Singapore mobile crane market during the forecast period.
Increasing demand from industrial applications such as construction sites and material handling activities, Growth of e-commerce sector , Increasing investments by governments on infrastructural projects and Technological advancement providing additional features such as improved energy efficiency and better safety standards are the drivers of the market.
High initial investment costs associated with procuring mobile cranes.Lack of skilled labor available that can operate mobile cranes.Stringent environmental regulations hampering overall operations.
Some key players operating in the Singapore Mobile Crane market are Manitowoc Cranes Group LLC., Tadano Ltd., Zoomlion Heavy Industry Science & Technology Co., Konecranes Plc., Liebherr Group AG, Sany Heavy Industries Co., Ltd., XCMG Construction Machinery Co., Ltd,. Terex Corporation ETC
The outbreak of Covid-19 pandemic has impacted all major economies including Singapore negatively due to disruption in supply chains, trade restrictions imposed by countries around the world leading to shortage of materials required for completion or maintenance work on several projects within country???s infrastructure space resulting in decrease in revenue generated by companies involved production or operation related services related with Mobile Cranes Industry.Furthermore limited availability resources along with restriction mobility has resulted delay execution projects, thus adversely affecting regional market growth rate over short term.However, post lockdown scenario it is anticipated that Singapore Mobile Crane Market will regain pace growth owing resurfacing economic conditions along revival business confidence.
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 Singapore Mobile Crane Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Mobile Crane Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Mobile Crane Market - Industry Life Cycle |
3.4 Singapore Mobile Crane Market - Porter's Five Forces |
3.5 Singapore Mobile Crane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Singapore Mobile Crane Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Singapore Mobile Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Mobile Crane Market Trends |
6 Singapore Mobile Crane Market, By Types |
6.1 Singapore Mobile Crane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Mobile Crane Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Singapore Mobile Crane Market Revenues & Volume, By Truck Mounted, 2021-2031F |
6.1.4 Singapore Mobile Crane Market Revenues & Volume, By Trailer Mounted, 2021-2031F |
6.1.5 Singapore Mobile Crane Market Revenues & Volume, By Crawler Crane, 2021-2031F |
6.2 Singapore Mobile Crane Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Mobile Crane Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Singapore Mobile Crane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Singapore Mobile Crane Market Revenues & Volume, By Utility, 2021-2031F |
7 Singapore Mobile Crane Market Import-Export Trade Statistics |
7.1 Singapore Mobile Crane Market Export to Major Countries |
7.2 Singapore Mobile Crane Market Imports from Major Countries |
8 Singapore Mobile Crane Market Key Performance Indicators |
9 Singapore Mobile Crane Market - Opportunity Assessment |
9.1 Singapore Mobile Crane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Singapore Mobile Crane Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Singapore Mobile Crane Market - Competitive Landscape |
10.1 Singapore Mobile Crane Market Revenue Share, By Companies, 2024 |
10.2 Singapore Mobile Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |