Global Mobile Cranes Market Trends, Growth Forecast 2020-2027

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Global Mobile Cranes Market Trends, Growth
Forecast 2020-2027
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Segments
Mobile Cranes Market Size, Share Trend Analysis
By Equipment Type (Truck-Mounted,
Trailer-Mounted, Crawler Crane), By Application
(Construction, Mining, Marine, Other), Regional
Analysis Report 2020-2027.
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Statistics
The global mobile crane market was valued at USD
13.36 Billion in 2019 and is anticipated to reach
USD 17.52 Billion by 2027, growing at a CAGR of
4.8 over the forecast period.
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Drivers
The growth can be attributed to increasing
residential and commercial construction in
developing countries.
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Region
The Asia Pacific is the most prominent market
globally by capturing a share of 35 in 2018.
Countries like China, Japan, India, Taiwan, and
South Korea have a high demand for various mobile
cranes.
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