Overhead Travelling Crane Market

Overhead travelling crane market: enjoy new statistics secured by an Ai-driven BI tool. Datasets include trade, market size, imports, companies, consumption, market prices, exports, and production. Here is a split by country, including the Middle East, Africa, China, EU, Russia, Latin America, the U.K., and the U.S. Market insights and outlook to 2030 are also provided in the reports.

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Overhead Travelling Crane - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the overhead travelling crane market declined by an average annual rate of -7.2% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+6.2% per year) and India (-2.0% per year).

Overhead Travelling Crane Prices

Overhead Travelling Crane - Top Importers

In value terms, Israel ($239M) constitutes the largest market for imported overhead travelling cranes on fixed support worldwide, comprising 24% of global imports. The second position in the ranking was occupied by Indonesia ($30M), with a 3.1% share of global imports. It was followed by Turkey, with a 2.9% share.

In Israel, overhead travelling crane imports expanded at an average annual rate of +475.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Indonesia (-24.8% per year) and Turkey (+129.3% per year).

Overhead Travelling Crane - Top Exporters

In value terms, China ($192M) remains the largest overhead travelling crane supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by Italy ($66M), with a 10% share of global exports. It was followed by Spain, with a 6.9% share.

In China, overhead travelling crane exports declined by an average annual rate of -18.0% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+11.2% per year) and Spain (-8.7% per year).

Overhead Travelling Crane - Market Forecast

The overhead travelling crane market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.9% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Overhead Travelling Crane - Product Coverage

• HS 842611 - Cranes; overhead travelling cranes on fixed support

Source: IndexBox Market Intelligence Platform