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Europe Automated Overhead Crane Market

2021

Europe Automated Overhead Crane Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Bridge Crane, Gantry Crane, Monorail Crane, Jib Crane, and Others), Level of Automation (Semi-Automated and Fully Automated), and Industry (Manufacturing, Shipbuilding, Metals and Steel, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025249 | No. of Pages: 111 | Category: Manufacturing and Construction | Status: Published

Market Insights

Europe Automated Overhead Crane Market Market to Grow at a CAGR of 7.0% to reach US$ 827.71 million from 2021 to 2028

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The Europe automated overhead crane market is expected to grow from US$ 515.08 million in 2021 to US$ 827.71 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028.


The UK, Germany, France, Italy, and Russia are major economies in Europe. Increasing development of automated shipbuilding cranes is expected to escalate the market growth. The use of cranes in shipbuilding industry has been witnessing a significant surge over the past years, owing to rise in sea-borne trade and various other naval activities. Several automated gantry crane manufacturers operating in the market are focusing robustly on offering a wide range of products. This has been a key driving factor for market. The gantry crane industry is poised to surge over the forthcoming years as several developments are underway to enhance the capabilities of the machines. Automated shipbuilding cranes is one of the key focus of the gantry crane manufacturers in the current scenario. The gantry cranes are being robustly used for lifting extremely heavy objects, and thus, are extensively used in shipyards and ports. The shipbuilding industry deals with the manufacturing of vessels that are used for offshore industry, merchant fleet, and military application. It is also associated with other significant sectors such as research, transportation, and security, which plays a vital role in national security interests and regional industrial infrastructure. Several governments across the region are spending heavily on the development of automated gantry cranes. Therefore, the development of shipbuilding/shipyards industry is estimated to fuel the growth of the gantry crane. The development of automated gantry cranes is projected to be one of the foremost technological advancements in the overhead crane industry. The application of connected technologies is already infused across the material handling equipment industry, and it has also witnessed the expansion of GPS-powered and IoT-enabled cranes. Thus, enhanced smart operations, higher fuel efficiency, and lower cost of ownership are some of the key features which have boosted the effectiveness of smart gantry cranes, thereby driving the Europe automated overhead crane market growth.

In case of COVID-19, Europe is highly affected specially France and Russia. The region witnessed notable decline in revenue from various industries as the government enacted various containment measures. Due to growing e-commerce activities, Europe had large scale import–export trade operations before the pandemic started. Managing a large warehouse demand shifting and storing of large and heavy crates throughout the warehouse safely and quickly. A network of overhead cranes helps warehouse employees to keep the inventory organized and accessible so their containers and crates can be found and accessed seamlessly whenever required. Since e-commerce activities were reduced to a drastic extent, the demand for various overhead cranes decreased considerably in Europe. Count of new businesses and start-ups that need equipment such as factory equipment, industrial HVACs, and other large machinery was very less. Repair shops use both gantry cranes and bridge cranes to unload products, shift them around the shop and reload them. As the operations were decreased intensely, the demand for gantry cranes and bridge cranes declined immensely across Europe. As the supply chain of several industries was disrupted, including automated overhead cranes, the automated overhead cranes market players experienced severe hardships in selling various types of cranes in 2020. Moreover, as major ports in Europe were experiencing low traffic of vessels, the automated overhead cranes market witnessed decline from demand side in 2020.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe automated overhead crane market. The Europe automated overhead crane market is expected to grow at a good CAGR during the forecast period.

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Europe Automated Overhead Crane Market Segmentation

Europe Automated Overhead Crane Market – By Type

  • Bridge Crane
  • Gantry Crane
  • Monorail Crane
  • Jib Crane
  • Others

Europe Automated Overhead Crane Market – By Level of Automation

  • Semi-Automated
  • Fully Automated

Europe Automated Overhead Crane Market – By Industry

  • Manufacturing
  • Shipbuilding
  • Metals and Steel
  • Others

Europe Automated Overhead Crane Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Automated Overhead Crane Market -Companies Mentioned

  • DONGQI GROUP
  • EMH, Inc
  • EntsorgaFin S.p.A.
  • Hoist UK
  • Konecranes Oyj
  • Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  • Weihua Group

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Automated Overhead Crane Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

5. Europe Automated Overhead Crane Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Automation in the Manufacturing Sector

5.1.2 Increasing Development of Automated Shipbuilding Cranes

5.2 Market Restraints

5.2.1 Expensive Installation and Maintenance

5.3 Market Opportunities

5.3.1 Growing Number of Distribution and Warehousing Centers

5.3.2

5.4 Future Trends

5.4.1 Escalating Adoption of Industry 4.0 for Smarter Lifting Equipment

5.5 Impact Analysis of Drivers and Restraints

6. Automated Overhead Crane Market– Europe Analysis

6.1 Europe Automated Overhead Crane Market Overview

6.2 Europe Automated Overhead Crane Market Revenue Forecast and Analysis

7. Europe Automated Overhead Crane Market Revenue and Forecast to 2028 – By Type

7.1 Overview

7.2 Europe Automated Overhead Crane Market, by Type (2020 & 2028)

7.3 Bridge Cranes

7.3.1 Overview

7.3.2 Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.4 Gantry Cranes

7.4.1 Overview

7.4.2 Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.5 Monorail Cranes

7.5.1 Overview

7.5.2 Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.6 Jib Cranes

7.6.1 Overview

7.6.2 Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Automated Overhead Crane Market Analysis and Forecast to 2028 – By Level of Automation

8.1 Overview

8.2 Europe Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

8.3 Semi-Automated

8.3.1 Overview

8.3.2 Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8.4 Fully Automated

8.4.1 Overview

8.4.2 Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Automated Overhead Crane Market Analysis and Forecast to 2028 – By Industry

9.1 Overview

9.2 Europe Automated Overhead Crane Market, by Industry (2020 & 2028)

9.3 Manufacturing

9.3.1 Overview

9.3.2 Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.4 Shipbuilding

9.4.1 Overview

9.4.2 Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.5 Metals and Steel

9.5.1 Overview

9.5.2 Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

10. Europe Automated Overhead Crane Market – Country Analysis

10.1 Overview

10.1.1 Europe: Automated Overhead Crane Market, by Key Country

10.1.1.1 France: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 France: Automated Overhead Crane Market, by Type

10.1.1.1.2 France: Automated Overhead Crane Market, by Level of Automation

10.1.1.1.3 France: Automated Overhead Crane Market, by Industry

10.1.1.2 Germany: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Germany: Automated Overhead Crane Market, by Type

10.1.1.2.2 Germany: Automated Overhead Crane Market, by Level of Automation

10.1.1.2.3 Germany: Automated Overhead Crane Market, by Industry

10.1.1.3 Italy: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Automated Overhead Crane Market, by Type

10.1.1.3.2 Italy: Automated Overhead Crane Market, by Level of Automation

10.1.1.3.3 Italy: Automated Overhead Crane Market, by Industry

10.1.1.4 UK: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 UK: Automated Overhead Crane Market, by Type

10.1.1.4.2 UK: Automated Overhead Crane Market, by Level of Automation

10.1.1.4.3 UK: Automated Overhead Crane Market, by Industry

10.1.1.5 Russia: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Automated Overhead Crane Market, by Type

10.1.1.5.2 Russia: Automated Overhead Crane Market, by Level of Automation

10.1.1.5.3 Russia: Automated Overhead Crane Market, by Industry

10.1.1.6 Rest of Europe: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Automated Overhead Crane Market, by Type

10.1.1.6.2 Rest of Europe: Automated Overhead Crane Market, by Level of Automation

10.1.1.6.3 Rest of Europe: Automated Overhead Crane Market, by Industry

11. Europe Automated Overhead Crane Market - COVID-19 Impact Analysis

11.1 Europe: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Merger and Acquisition

12.3 New Development

13. Company Profiles

13.1 DONGQI GROUP

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Konecranes Oyj

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 EMH, Inc

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 EntsorgaFin S.p.A.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Hoist UK

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Weihua Group

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Sumitomo Heavy Industries Material Handling Systems Co., Ltd.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Acculift

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Europe Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe: Automated Overhead Crane Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. France: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. France: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 5. France: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 6. Germany: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. Germany: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 8. Germany: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 9. Italy: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. Italy: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 11. Italy: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 12. UK: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. UK: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 14. UK: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 15. Russia: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 16. Russia: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 17. Russia: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of Europe: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of Europe: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Automated Overhead Crane Market Segmentation

Figure 2. Europe Automated Overhead Crane Market Segmentation – By Country

Figure 3. Europe Automated Overhead Crane Market Overview

Figure 4. Europe Automated Overhead Crane Market, by Type

Figure 5. Europe Automated Overhead Crane Market, by Industry

Figure 6. Europe Automated Overhead Crane Market, by Country

Figure 7. Europe – PEST Analysis

Figure 8. Europe Automated Overhead Crane Market: Ecosystem Analysis

Figure 9. Europe Automated Overhead Crane Market: Impact Analysis of Drivers and Restraints

Figure 10. Europe Automated Overhead Crane Market Revenue Forecast and Analysis (US$ Million)

Figure 11. Europe Automated Overhead Crane Market, by Type (2020 & 2028)

Figure 12. Europe Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Europe Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Europe Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

Figure 18. Europe Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Europe Automated Overhead Crane Market, by Industry (2020 & 2028)

Figure 21. Europe Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Europe Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Europe Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Europe: Automated Overhead Crane Market, by Key Country – Revenue (2020) (USD Million)

Figure 26. Europe: Automated Overhead Crane Market Revenue Share, by Key Country (2020 & 2028)

Figure 27. France: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Germany: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Italy: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. UK: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Russia: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of Europe: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Impact of COVID-19 Pandemic in European Country Markets

  1. DONGQI GROUP
  2. EMH, Inc
  3. EntsorgaFin S.p.A.
  4. Hoist UK
  5. Konecranes Oyj
  6. Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  7. Weihua Group
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  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the automated overhead crane market, as well as those hindering it 
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