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North America Automated Overhead Crane Market

2021

North America 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: TIPRE00025251 | No. of Pages: 98 | Category: Manufacturing and Construction | Status: Published

Market Insights

North America Automated Overhead Crane Market Market to Grow at a CAGR of 6.1% to reach US$ 690.78 million from 2021 to 2028

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The North America automated overhead crane market is expected to grow from US$ 456.56 million in 2021 to US$ 690.78 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028.


The US, Canada, and Mexico are economies in North America. Increasing automation in the manufacturing sector is expected to surge the market growth. With the rising advancements in technology, almost every operation in the end-to-end industrial and manufacturing environment is becoming connected, intelligent, and smart. There are new forms of discrete and process manufacturing—sensors, connected objects and smart machines—that are evolving and changing the ecosystem of how exchange and collaboration between people, machines, data, and technologies were done earlier. Today’s digital plant of smart manufacturing heavily relies on collecting, sorting, and analyzing the data and information, and turning them into business values. The automation of cranes helps end users to gain sustainable competitive advantage, by enabling them with the ability to alter or change the material handling process with respect to market change on a real-time basis. The automated overhead cranes consist of a hoist and a trolley connected to a support structure which is also called a girder. The girder attached with the cranes permits the trolley and the hoist to travel from side-to-side along the length of the crane. The overhead cranes used in the manufacturing industry are distinguished into two main types – single girder crane and double girder crane. They have applications in manufacturing units of automotive, shipyards, aerospace, utility, and other industries. The rising adoption of automation in manufacturing industries is anticipated to drive the overhead cranes industry. The growing advancements in manufacturing processes support in creating high requirement for advanced machinery such as automated overhead cranes market across North America region.

In case of COVID-19, North America is highly affected specially the US. Due to various restrictions and limitations, construction, manufacturing, and metal & mining industries showed declined production. All these affected the related trading activities, leading to an economic slowdown. Moreover, owing to the imposition of strict containment measures, operations were permitted with limited number of employees only. This hampered the production activities in the US. Overhead cranes are essentially required at several job sites. These cranes help in moving heavy loads from one place to another, increasing the floor space, efficiency, and safety. Owing to restriction of trade operations, the region has experienced significant decline in the adoption of automated overhead cranes from demand side in 2020. The ship building industry in Canada suffered adversely due to this pandemic. Ship hulls are massive and are shaped irregularly. Moving and shifting heavy tools, equipment, components, and parts around the inside of a slanted hull can be difficult without the help of an overhead crane. A wide spanning heavy gantry cranes are required essentially for building ship hulls. However, gantry cranes were among the cranes that observed significant reduction in their sales. Moreover, as economies reopen and trade restriction get relaxed, the automated overhead crane market is expected to witness a steady growth in North America.

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 North America automated overhead crane market. The North America automated overhead crane market is expected to grow at a good CAGR during the forecast period.

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North America Automated Overhead Crane Market Segmentation

North America Automated Overhead Crane Market – By Type

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

North America Automated Overhead Crane Market – By Level of Automation

  • Semi-Automated
  • Fully Automated

North America Automated Overhead Crane Market – By Industry

  • Manufacturing
  • Shipbuilding
  • Metals and Steel
  • Others

North America Automated Overhead Crane Market, by Country

  • US
  • Canada
  • Mexico

North America Automated Overhead Crane Market -Companies Mentioned

  • Acculift
  • DONGQI GROUP
  • EMH, Inc
  • EntsorgaFin S.p.A.
  • Konecranes Oyj
  • Kundel Industries Inc.
  • 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. North America Automated Overhead Crane Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

5. North America Automated Overhead Crane Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Automation in the Manufacturing Sector

5.1.2 Rising Development of Automated Shipbuilding Cranes

5.2 Market Restraints

5.2.1 High Implementation and Maintenance Cost

5.3 Market Opportunities

5.3.1 Escalating Number of Distribution and Warehousing Centers

5.4 Future Trends

5.4.1 Growing Adoption of Industry 4.0 for Smarter Lifting Equipment

5.5 Impact Analysis of Drivers and Restraints

6. Automated Overhead Crane Market– North America Analysis

6.1 North America Automated Overhead Crane Market Overview

6.2 North America Automated Overhead Crane Market Revenue Forecast and Analysis

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

7.1 Overview

7.2 North America 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. North America Automated Overhead Crane Market Analysis and Forecast to 2028 – By Level of Automation

8.1 Overview

8.2 North America 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. North America Automated Overhead Crane Market Analysis and Forecast to 2028 – By Industry

9.1 Overview

9.2 North America 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. North America Automated Overhead Crane Market – Country Analysis

10.1 Overview

10.1.1 North America: Automated Overhead Crane Market, by Key Country

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

10.1.1.1.1 US: Automated Overhead Crane Market, by Type

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

10.1.1.1.3 US: Automated Overhead Crane Market, by Industry

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

10.1.1.2.1 Canada: Automated Overhead Crane Market, by Type

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

10.1.1.2.3 Canada: Automated Overhead Crane Market, by Industry

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

10.1.1.3.1 Mexico: Automated Overhead Crane Market, by Type

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

10.1.1.3.3 Mexico: Automated Overhead Crane Market, by Industry

11. North America Automated Overhead Crane Market - COVID-19 Impact Analysis

11.1 North America: 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 Kundel Industries Inc.

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. North America Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

Table 12. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Automated Overhead Crane Market Segmentation

Figure 2. North America Automated Overhead Crane Market Segmentation – By Country

Figure 3. North America Automated Overhead Crane Market Overview

Figure 4. North America Automated Overhead Crane Market, by Type

Figure 5. North America Automated Overhead Crane Market, by Industry

Figure 6. North America Automated Overhead Crane Market, by Country

Figure 7. North America – PEST Analysis

Figure 8. North America Automated Overhead Crane Market: Ecosystem Analysis

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 30. Impact of COVID-19 Pandemic in North American Country Markets

  1. Acculift
  2. DONGQI GROUP
  3. EMH, Inc
  4. EntsorgaFin S.p.A.
  5. Konecranes Oyj
  6. Kundel Industries Inc.
  7. Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  8. Weihua Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America automated overhead crane market. 
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America automated overhead crane market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the automated overhead crane market, as well as those hindering it 
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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