A tower crane is a piece of equipment used to move or transport oversized objects. It is a stationary device, which means the base of the crane does move. A large, fixed tower supports a horizontal beam, or jib, which sits atop the tower to form an uneven letter ﾓT.ﾔ A tower crane is often used in the construction industry to set steel beams and other large building components. It may also be used in the shipping or transportation industry to load and unload large freighters. The base of the tower crane sits atop a concrete pad, which can vary in thickness based on the height and weight of the crane. Large anchor bolts are used to fasten the base of the tower to the concrete, and may also extend several feet into the ground. This keeps the tower safely supported to help reduce the risk of collapse. The vertical tower extends dozens of feet into the air, and the jib rests on top. The longer section of the jib has cables attached to move or position objects below, while the shorter section of the jib extends away from these cables to act as a counterweight. Additional counterweights made from concrete or steel may be hung from the shorter section of the jib to adjust the balance of the crane. An operator car is typically located where the jib meets the tower. The tower crane operator sits inside of this car and uses a series of controls to swing the jib and move objects. An individual on the ground or within the building oversees the process of fastening objects to the cables of the tower crane. This individual is known as a rigger and he or she uses radio or hand signals to communicate with the crane operator. This report aims to provide a comprehensive presentation of the global market for Tower Crane, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tower Crane. This report contains market size and forecasts of Tower Crane in global, including the following market information: Global Tower Crane Market Revenue, 2018-2023, 2024-2029, ($ millions) Global Tower Crane Market Sales, 2018-2023, 2024-2029, (K Units) Global top five Tower Crane companies in 2022 (%) The global Tower Crane market was valued at US$ 2953.7 million in 2022 and is projected to reach US$ 2460.8 million by 2029, at a CAGR of -2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global tower crane main manufactuers include Zoomlion, XCMG, SANY, Liebherr, etc.Top 5 players account for about 70% of the market. Asia-Pacific is the largest market of tower crane, holding a share over 65%. As for the types of products, the most common type is hammerhead tower cranes, with a share over 65%. As for the applications of products, it is widely used in dam building, bridge building, shipyards, power plants and high rise buildings.The most common application is high rise buildings, with a share over 50%. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tower Crane manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global Tower Crane Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Tower Crane Market Segment Percentages, by Type, 2022 (%) Self-erecting Tower Cranes Flat Top Tower Cranes Hammerhead Tower Cranes Luffing Jib Tower Cranes Global Tower Crane Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Tower Crane Market Segment Percentages, by Application, 2022 (%) Dam Building Bridge Building Shipyards Power Plants High Rise Buildings Global Tower Crane Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Tower Crane Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies Tower Crane revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies Tower Crane revenues share in global market, 2022 (%) Key companies Tower Crane sales in global market, 2018-2023 (Estimated), (K Units) Key companies Tower Crane sales share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: XCMG Liebherr Manitowoc Zoomlion SANY Terex DAHAN Fushun Yongmao Comansa FAVCO Zhejiang Construction Machinery SCM Fangyuan Group Huaxia Guangxi Construction Saez Wolffkran HKTC Jost Jaso Raimondi FM Gru Wilbert Outline of Major Chapters: Chapter 1: Introduces the definition of Tower Crane, market overview. Chapter 2: Global Tower Crane market size in revenue and volume. Chapter 3: Detailed analysis of Tower Crane manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of Tower Crane in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global Tower Crane capacity by region & country. Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 Tower Crane Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Tower Crane Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year
