Electric Overhead Traveling (EOT) Cranes Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Electric Overhead Traveling (EOT) Cranes Market covers analysis By Type (Single Girder Cranes, Double Girder Bridge Cranes, Gantry Cranes, Monorails); Application (Construction, Mining, Metallurgy, Shipping Industry, Automotive, Oil and Gas, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00015829
  • Category : Manufacturing and Construction
  • No. of Pages : 150
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Electric Overhead Traveling (EOT) Cranes Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Cranes are EOT (Electric overhead traveling) crane is one of the common type of overhead crane. The crane have a parallel runway with a traveling bridge which covers the gap. This crane is run through electric. Electric overhead traveling are used either for maintenance or manufacturing application. They are designed for lifting medium and heavy industrial components, and it covers all parts of manufacturing process. The advances electric overhead traveling crane have various expertise such as function at high speeds, lift very heavy loads, no obstacles on the factory floor and more control all this make the electric overhead traveling cranes market more attractive. The EOT cranes are operated through radio/IR remote pendant, control pendant or by cabin operator which is attached to crane. Associations like Crane Manufacturers Association of America, Monorail Manufacturers Association and Hoist Manufacturers Institute are there to check the industry standard and promotional activities to increase the awareness of the assistances to overhead lifting.

MARKET DYNAMICS

The feature such as reduction of labor expense, high safety, time saving and lower maintenance costs are the few aspects which expected to drive the electric overhead traveling cranes market across the world. The other factors which driving the Electric overhead traveling cranes market such as increasing constructions activities in emerging countries like India, China is anticipated to rise the demand for Electric overhead traveling cranes. Furthermore, increasing investment by private companies and government in infrastructure development projects which includes road construction, dam, bridges, railway, waterways, and others is the key driving factor for Electric overhead traveling cranes market. However, the installation cost of Electric overhead traveling cranes is very high and this factor is acting as restrain for the Electric Overhead Traveling (EOT) cranes market.

MARKET SCOPE

The "Global Electric Overhead Travelling (EOT) Cranes Market Analysis to 2028" is a specialized and in-depth study of the Electric Overhead Travelling (EOT) Cranes market with a special focus on the global market trend analysis. The report aims to provide an overview of Electric Overhead Travelling (EOT) Cranes market with detailed market segmentation by type, and application. The global Electric Overhead Travelling (EOT) Cranes market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Electric Overhead Travelling (EOT) Cranes market player and offers key trends and opportunities in the Electric Overhead Travelling (EOT) Cranes market.

MARKET SEGMENTATION

The global Electric Overhead Travelling (EOT) Cranes market is segmented on the basis of type, and application. On the basis of type, market is segmented as single girder cranes, double Girder Bridge Cranes, Gantry Cranes, Monorails. On the basis of application, market is segmented as Construction, Mining, Metallurgy, Shipping Industry, Automotive, Oil and Gas, Others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Phone 3D Sensing Technology market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Smart Phone 3D Sensing Technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Electric Overhead Travelling (EOT) Cranesmarket from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Electric Overhead Travelling (EOT) Cranesmarket in these regions.

Electric Overhead Traveling (EOT) Cranes Market Report Analysis

Electric Overhead Traveling (EOT) Cranes Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Abuscranes
  • Altech Industries
  • Columbus Mckinnon Corporation
  • Harrington Hoists Inc.
  • Hitachi Sumitomo Heavy Industries Construction Crane
  • K2 Cranes
  • KITO GROUP
  • KONE Cranes
  • Konecranes

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Single Girder Cranes
  • Double Girder Bridge Cranes
  • Gantry Cranes
  • Monorails
By Application
  • Construction
  • Mining
  • Metallurgy
  • Shipping Industry
  • Automotive
  • Oil and Gas
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The reports cover key developments in the Electric Overhead Travelling (EOT) Cranes market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric Overhead Travelling (EOT) Cranes market are anticipated to lucrative growth opportunities in the future with the rising demand for Electric Overhead Travelling (EOT) Cranes market. Below mentioned is the list of few companies engaged in the Electric Overhead Travelling (EOT) Cranes market.

The report also includes the profiles of key Electric Overhead Travelling (EOT) Cranes market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Abuscranes
  •   Altech Industries
  •   Columbus Mckinnon Corporation
  •   Harrington Hoists Inc.
  •   Hitachi Sumitomo Heavy Industries Construction Crane
  •   K2 Cranes
  •   KITO GROUP
  •   KONE Cranes
  •   Konecranes
  •   Liebherr Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Electric Overhead Traveling (EOT) Cranes Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Single Girder Cranes
  • Double Girder Bridge Cranes
  • Gantry Cranes
  • Monorails
By Application
  • Construction
  • Mining
  • Metallurgy
  • Shipping Industry
  • Automotive
  • Oil and Gas
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Abuscranes
  • Altech Industries
  • Columbus Mckinnon Corporation
  • Harrington Hoists Inc.
  • Hitachi Sumitomo Heavy Industries Construction Crane
  • K2 Cranes
  • KITO GROUP
  • KONE Cranes
  • Konecranes
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. Abuscranes
    2. Altech Industries
    3. Columbus Mckinnon Corporation
    4. Harrington Hoists Inc.
    5. Hitachi Sumitomo Heavy Industries Construction Crane
    6. K2 Cranes
    7. KITO GROUP
    8. KONE Cranes
    9. Konecranes
    10. Liebherr Group

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