London, UK (PRWEB) February 06, 2015
Worldwide, the cranes, lifting and handling equipment market was worth USD 122.4 billion as of 2013, with APAC accounting for the lion’s share (45.7%) of the total market. That year, the region was followed by Europe and North America, with shares of 33.6% and just under 12%, respectively. The future growth in the market is the revival of Europe and North America’s economies along with the rapid economic advance in the Middle East on the back of economic diversification. The shares in Europe and North America are set to reach around 35.5%, 12.5%, respectively, by 2018, with APAC’s market share going slightly down to 42.7%.
Over the forecast period, Brazil will likely be a major source of the demand for cranes, lifting and handling equipment in the Latin American region, as the country has been awarded the right to host the 2016 Olympic Games. In Europe, the demand is poised to be driven by construction activities in Russia, as the country is due to host the 2018 FIFA World Cup. In the UK, 646 infrastructure projects are poised to be implemented under the 2013 National Infrastructure Plan (NIP), with an estimated investment of USD 585.7 billion.
New market research report “The Global Cranes, Lifting and Handling Equipment Market – Key Trends and Opportunities to 2018” prepared by Timetric is available at MarketPublishers.com.
Title: The Global Cranes, Lifting and Handling Equipment Market – Key Trends and Opportunities to 2018
Published: February, 2015
Price: US$ 4,950.00
The research study draws up an all-round picture of the cranes, lifting and handling equipment market on a global level, with coverage of major trends and issues in the most prominent markets. The study offers historical (from 2009) and forecast (to 2018) data on the market size as wells as provides market values (historical and forecasted) by category for the APAC, the Middle Eastern, European, Latin American and North American markets. A detailed breakdown of values for 44 national markets is available. The report describes the game-changing events as well as key market drivers and restraints. Furthermore, it investigates the competitive scenario in tandem with profiling the 4 leading companies, namely Terex MHPS GmbH, Liebherr-International AG, Konecranes Plc, and The Manitowoc Company, Inc.
Reasons to Buy:
- Identify and canvass key market growth opportunities using a variety of standardised valuation and forecasting methods, tools and techniques.
- Assess the growth potential of the market at the micro level via a summary of data and forecasts country-wise and at a category level.
- Estimate the pertinent business risks (regulatory, cost and competitive pressures) in the course of the elaboration and validation of strategies.
More new reports by the publisher can be found at Timetric page.