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Mobile Crane Market to Reach USD 22.34 billion by 2026- Fortune Business Insights

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PUNE, INDIA, Nov. 01, 2021 (GLOBE NEWSWIRE) — The global mobile crane market size is anticipated to reach USD 22.34 billion by 2026 owing to increasing investments in the construction and shipbuilding sectors. This is further attributable to the rapid urbanization and the rise in the number of import and export facilities. Mobile cranes are used for lifting heavy objects and move them for short distances and also used for constructing giant tower cranes. According to a recent report published by Fortune Business insights™ titled, “Mobile Crane Market Size, Share & Industry Analysis, By Type (Truck Crane, All Terrain Crane, Rough Terrain Crane, Crawler Crane, and Others), By Application (Construction, Oil & Gas, Ship Building, Power & Utilities and Others) and Regional Forecast, 2019-2026,” the market size was USD 14.35 billion in 2018 and will rise at a CAGR of 5.8% between 2019 and 2026.

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List of Key players operating in the market are as follows:

  • Zoomlion Heavy Industry Science & Technology Co., Ltd.
  • Kobelco Construction Machinery Co., Ltd. 
  • Manitowoc
  • Sarens n.v./s.a.
  • PALFINGER AG
  • Terex Corporation
  • SANY GROUP
  • XCMG Group
  • Liebherr-International Deutschland GmbH
  • Tadano Ltd.
  • KATO WORKS CO., LTD.
  • Sumitomo Heavy Industries, Ltd.

Report Scope & Segmentation –

Report Coverage Details
Forecast Period 2029-2026
Forecast Period 2029 to 2026 CAGR 5.8 %
2026 Value Projection USD 22.34 Billion
Base Year 2018
Market Size in 2018 USD 14.35 Billion
Historical Data for 2015-2017
No. of Pages 120
Segments covered Type; Application; Regional 
Growth Drivers Rising Construction and Power Utilities Spending Worldwide to Thrust the Market Growth
 

Pitfalls & Challenges

Inappropriate Crane Operation Training Leads to Hazards Restraining the Market Growth

Scope of the Report

The report is based on a thorough analysis of the market and presents a 360-degree overview of the same. It emphasizes on prime factors boosting, retracting, challenging, and providing growth opportunities to the market. Additionally, the report presents interesting insights into the market and significant industry developments. Besides this, the report also offers details of the table of segmentation based on factors such as type, application, and regions, and names of leading segments and their promoting elements. Furthermore, the list of key players operating in the market are provided in the report and is available for sale on the company website.

Market Drivers

The advent of Industrial IoT into Machinery will Add Impetus to Market

There is a rise in demand for new building construction for commercial, residential, and public infrastructure is expected to promote the mobile crane market growth. To support this statement, we can cite the example of the report made by the International Energy Association (IEA) estimating the global investment on construction and power utility projects to account for USD 775 billion as per the 2018 records. The advent of the Industrial Internet of Things, Artificial Intelligence, and others into machinery and equipment are further expected to create lucrative growth opportunities in the coming years.

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Regional Segmentation:

Asia Pacific Market Holding Dominance Owing to Presence of Numerous Players

Geographically, Asia Pacific is holding the most significant mobile crane market share owing to the increasing adoption of advanced technology on high-end applications. In 2018, Asia Pacific generated a revenue of USD 6.27 billion.  China is dominating the regional market owing to the presence of numerous manufacturers dealing with technologically advanced mobile cranes for utilization in various industries. On the other side, the increasing investments made in power and utility, shipbuilding, and construction sectors will help North America witness significant growth in the forecast period.

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Competitive Landscape:

Implementation of Industrial IoT will Escalate Market Competition

Major mobile crane market manufacturers are emphasizing adopting the latest technologies such as Industrial IoT, and Artificial Intelligence integrated with terrain cranes and trucks, and others into machinery for a better outcome. This will not only intensify the global market competition but also attract high mobile crane market revenue in the forthcoming years. Apart from this, there is a high demand for mobile cranes from various building and construction companies, which will further help boost the market in the coming years. Furthermore, substantial investments to implement SCADA (supervisory control and data acquisition) for monitoring and controlling the mobile crane equipment in various industries such as oil and gas refining, water and waste control energy, and others, coupled with the technologies mentioned above are likely to intensify market competition among players further.

Key Industry Developments of Mobile Crane Market Include:

November 2019 – The rise in urbanization across all Asian nations have propelled Liebherr mobile cranes to start their new service and training in Korea. This will help the company suffice to the increasing demand for after-sales services.

June 2018 – The hoisting of the first wind turbine of the Linxi Canal Wind Power Project was successful with the help of the Zoomlion QUY800 Crawler Crane with its safe, reliable, and stable performance. This crane laid a solid foundation for power generation and grid connection of the wind farm for the future years.

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Table Of Content

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Force Analysis
  • Global Mobile Crane Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Type (Value)
      • Truck Crane
      • All Terrain Crane
      • Rough Terrain Crane
      • Crawler Crane
      • Others (Loader Crane, etc.)
    • Market Sizing Estimations and Forecasts – By Application (Value)
      • Construction
      • Oil & Gas
      • Ship Building
      • Power & Utilities
      • Others (Mining, etc.)
    • Market Analysis, Insights and Forecast – By Region (Value)
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • Latin America
  • North America Mobile Crane Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Type (Value)
      • Truck Crane
      • All Terrain Crane
      • Rough Terrain Crane
      • Crawler Crane
      • Others (Loader Crane, etc.)
    • Market Sizing Estimations and Forecasts – By Application (Value)
      • Construction
      • Oil & Gas
      • Ship Building
      • Power & Utilities
      • Others (Mining, etc.)
    • Market Analysis, Insights and Forecast – By Country (Value)
      • United States
      • Canada
  • Europe Mobile Crane Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Type (Value)
      • Truck Crane
      • All Terrain Crane
      • Rough Terrain Crane
      • Crawler Crane
      • Others (Loader Crane, etc.)

TOC Continued…!

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Elevator and Escalator Market Size, Share & COVID-19 Impact Analysis, By Product (Elevators, Escalators and Moving Walkway), By Business (New Equipment, Maintenance, and Modernization), By Application (Residential, Commercial and Industrial), and Regional Forecast, 2021-2028

Construction Equipment Market Size, Share & COVID-19 Impact Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, Road Building Equipment, Civil Engineering Equipment, Crushing and Screening Equipment and Other Equipment), By Application (Residential, Commercial & Industrial) and Regional Forecast, 2021-2028

Machine Tools Market Size, Share & COVID-19 Impact Analysis, By Technology (Conventional, CNC), By Product (Metal Cutting, Metal Forming), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, & Others), and Regional Forecast, 2021-2028

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About Us :

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Artificial Intelligence

Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch

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PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.

“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
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“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
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“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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RepTrak Announces 2024 Global RepTrak® 100 Report

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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.

After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost

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SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.

“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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