Global overhead cranes market size about to cross $5 million by 2025


Posted August 13, 2021 by Loadmate

Valued at $4.3 million in 2017, the global overhead cranes market size is growing rapidly and will surely cross the 5 million mark by 2025.
 
Overhead crane is a popular machine used in various industries to lift and move heavy items. It consists of parallel runways, a traveling bridge, and a hoist. You can operate it manually and use it to lift, load, unload, and shift bulky items. Overhead cranes are also used to move materials in a facility, feeding raw materials in a machine, moving parts down in an assembly line with a minimum workforce required. Electric overhead traveling (EOT) crane, gantry crane, jib crane, monorail crane, are some of the most popular types of overhead cranes.

The main reason behind the growth of overhead cranes is the demand for infrastructure development. Electric cranes have been a part of the construction industry and due to minimize labor costs, their demand has been increasing rapidly. When it comes to overhead cranes, they are very safe to use and the chances of someone getting injured and materials getting damaged are reduced to an extent. Moreover, the operating systems in these cranes are automatic due to which any person trained or untrained can use them efficiently. So, this was all about the reasons behind the increasing demand for overhead cranes. Now, let's take a look at the regions where they are mostly used.

The global overhead cranes market is divided into three segments - solution, end-user, and region. The solution segment includes their products and services. The products include the types of overhead cranes that were mentioned earlier and their services are maintenance, repair, and use in numerous industrial facilities. The market is further categorized into the end-user segment that is the name of some common industries where they are used. They are namely automotive, mining, aerospace, dockyards, transportation, shipyards, and more. Coming to the regional segment geographically, in North America, the key players using and manufacturing overhead cranes are the United States, Canada, and Mexico. When it comes to the Asia-Pacific region, we have China, Korea, India, and Japan, and in Europe, we have Germany, France, UK, Russia, and Italy. African and Middle-East region is also not that behind and contributes to the overall market size of the overhead cranes through its leading manufacturers Saudi Arabia, Egypt, Nigeria, and South Africa.

"Loadmate" is a leading manufacturer of overhead cranes from India that also provides other equipment. You can consider them if you need EOT cranes, gantry cranes, jib cranes, and underslung cranes. Also, they also provide top-quality industrial products like electric chain hoists, chain pulley blocks, cross-traveling trolleys, and more. For more information, visit their official website https://loadmate.in.

Contact Details
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RMS Industries
N1 to N6, Sayan Industrial Park
Nr. RJD Textile Park, Icchapore
Pal – Hazira Road
Surat, Gujarat,394510
9687614356
[email protected]
https://loadmate.in
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Issued By RMS Industries
Country India
Categories Business
Tags chain pulley , chain pulley blocks , chain pulleys , underslung crane
Last Updated August 13, 2021