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U.S. Overhead Traveling Crane, Hoist, And Monorail System Market. Analysis And Forecast to 2025

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Article Publishing Date: Jun 21, 2016

The Recovery of U.S. Overhead Traveling Crane, Hoist, and Monorail System Imports Goes on, with China Becoming a Major Supplier

Photo: © hansenn / Bigstockphoto

The U.S. ranks first in global imports of overhead traveling crane, hoist, and monorail system, accounting for a 9% share (based on USD). It was followed by China (7%) and Germany (6%). In 2015, U.S. imports of overhead traveling crane, hoist, and monorail system totaled 1,499 million USD, which was 101 million USD (7%) more than the year before.

From 2007 to 2015, U.S. overhead traveling crane, hoist, and monorail system imports showed mixed dynamics. A drop in 2009 was enormous, declining by 44% to the previous year. It continued in 2010, when imports fell by another 10%. The recovery started in 2011 and continued over the recent five years. There were several fluctuations over 2011-2015, though the overall trend remained upward, with an annual increase of +8.7% throughout the recovery period from 2011 to 2015.

Despite a considerable increase, imports still have to grow another 9% to reach the pre-recession peak level achieved in 2008.

Considering an upward import trend, the U.S. continues to be one of the biggest markets for global exporters.

China was the main supplier of overhead traveling crane, hoist, and monorail system into the U.S., with a 31% share of total U.S. imports in 2015, based on USD. It was distantly followed by Canada (13%) and Mexico (10%). China was the fastest growing supplier (+4.1 % per year) from 2007 to 2015, while imports from Canada and Mexico declined by -1.8% per year and -2.3% per year, respectively. China strengthened its position in the U.S. import structure by +7 percentage points from 2007 to 2015, while the other major supplying countries saw their shares reduced.

From 2007 to 2015, the U.S. was a net importer of overhead traveling crane, hoist, and monorail system. Moreover, imports grew faster than exports on average over the period under review.

Net US imports of overhead traveling crane, hoist, and monorail system tracked significant fluctuations over the period under review. After a huge drop over 2009-2010, a new upward trend was recorded, but the level was far below the pre-crisis peaks. In 2015, this industry ran a trade deficit of 318 million USD.

Source: IndexBox AI Platform

Product coverage:

Hoists and parts and attachments for hoists (sold separately); Overhead traveling cranes and monorail systems (excluding construction power cranes), and parts and attachments for monorail systems (sold separately); Winches, aerial work platforms, automotive wrecker hoists, and parts; Overhead traveling crane, hoist, and monorail system manufacturing, nsk, total


The report provides on a comprehensive survey of the U.S. overhead traveling crane market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains current data on the biggest players in the industry.


Countries coverage: the U.S.


Companies mentioned:

The Manitowoc Company,

Konecranes,

Genie Industries,

Terex Mhps Corp.,

Whiting Corporation,

Gorbel,

Ramsey Industries,

Safeworks,

Mmh Americas,

Tulsa Winch,

Allied Systems Company,

Shrco,

Ramsey Winch,

Elliott Equipment Company,

Proserv Crane & Equipment,

Foley Material Handling Co.,

Deshazo,

Genie Holdings,

Manitowoc Crane Companies,

Genie Manufacturing,

Paccar Winch,

Grove Worldwide,

Kci Holding USA,

Columbus McKinnon Corporation,

Construction Products,

Safeworks Holdings,

Koehring Cranes,

Mmh Holdings,

Capewell Aerial Systems


Data coverage:

• Overhead traveling crane market size;

• Overhead traveling crane production, value of shipments;

• Key market players and their profiles;

• Exports, imports and trade balance;

• Import and export prices;

• Forecast of the market dynamics in the medium term;

• Key industry statistics;

• Life cycle of the overhead traveling crane industry;

• Number of establishments and their locations;

• Employment data;

• Overhead traveling crane industry productivity.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013-2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2018
Figure 5:
Trade Balance, In Physical Terms, 2013-2018
Figure 6:
Trade Balance, In Value Terms, 2013-2018
Figure 7:
Per Capita Consumption, 2013-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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