Autonomous technology has marked its usage in several end-use industries and sectors. Few varieties of heavy equipment, including cranes, used at construction sites are witnessing technological advances. With vast advances in recent years, autonomous cranes are expected to see high potential growth opportunities across multiple end-use verticals, including construction, mining, industrial, and marine.
MARKET DYNAMICS
Autonomous cranes incorporate features such as zoning, internet anti-collision, and remote configuration. A combination of machine learning (ML), artificial intelligence (AI), and computer vision assist all of these features. Thus, with most of the crane cycle being handled automatically, the crane operator's main task is to oversee the process and act only when necessary. Control room operators monitor the motion of the crane via onboard cameras and a remote control station. Remote crane operation enables people to be separated from a potentially hazardous and harsh working environment with large machines and moved to a control room's safety and comfort.
MARKET SCOPE
The "Global Autonomous Cranes Market Analysis To 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The autonomous cranes market report aims to provide an overview of the autonomous cranes market with detailed market segmentation by technology, end user, and geography. The global autonomous cranes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading autonomous cranes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global autonomous cranes market is segmented on the basis of technology and end user. On the basis of technology, the autonomous cranes market is segmented into: Internet of Things (IoT), Computer Vision, Machine Learning, Natural Language Processing, and Others. Based on end user, the autonomous cranes market is segmented into: Building and Construction, Mining and Excavation, Marine and Offshore, Transportation, Oil and Gas, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global autonomous cranes market based on various segments. It also provides autonomous cranes market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The autonomous cranes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the autonomous cranes market from both demand and supply side and further evaluates market dynamics affecting 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& Central America after evaluating political, economic, social and technological factors affecting the autonomous cranes market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global autonomous cranes market based on various segments. It also provides autonomous cranes market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The autonomous cranes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the autonomous cranes market from both demand and supply side and further evaluates market dynamics affecting 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& Central America after evaluating political, economic, social and technological factors affecting the autonomous cranes market in these regions.
MARKET PLAYERS
The reports cover key developments in the autonomous cranes market as 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 the expansion of business and customer base of market players. The market players from autonomous cranes market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the autonomous cranes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the autonomous cranes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Eilbeck Cranes
- Henan Mine Crane
- INTSITE Ltd.
- Konecranes
- Liebherr-International Deutschland GmbH
- Liugong Machinery Co., Ltd.
- Manitex International
- SANY GROUP
- Sumitomo Heavy Industries Construction Cranes Co., Ltd.
- The Manitowoc Company, Inc.
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Autonomous Cranes Market - By Technology
1.3.2 Autonomous Cranes Market - By End User
1.3.3 Autonomous Cranes Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTONOMOUS CRANES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTONOMOUS CRANES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUTONOMOUS CRANES MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTONOMOUS CRANES - GLOBAL MARKET OVERVIEW
6.2. AUTONOMOUS CRANES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTONOMOUS CRANES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. INTERNET OF THINGS (IOT)
7.3.1. Overview
7.3.2. Internet of Things (IoT) Market Forecast and Analysis
7.4. COMPUTER VISION
7.4.1. Overview
7.4.2. Computer Vision Market Forecast and Analysis
7.5. MACHINE LEARNING
7.5.1. Overview
7.5.2. Machine Learning Market Forecast and Analysis
7.6. NATURAL LANGUAGE PROCESSING
7.6.1. Overview
7.6.2. Natural Language Processing Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. AUTONOMOUS CRANES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. MINING AND EXCAVATION
8.4.1. Overview
8.4.2. Mining and Excavation Market Forecast and Analysis
8.5. MARINE AND OFFSHORE
8.5.1. Overview
8.5.2. Marine and Offshore Market Forecast and Analysis
8.6. TRANSPORTATION
8.6.1. Overview
8.6.2. Transportation Market Forecast and Analysis
8.7. OIL AND GAS
8.7.1. Overview
8.7.2. Oil and Gas Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. AUTONOMOUS CRANES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Autonomous Cranes Market Overview
9.1.2 North America Autonomous Cranes Market Forecasts and Analysis
9.1.3 North America Autonomous Cranes Market Forecasts and Analysis - By Technology
9.1.4 North America Autonomous Cranes Market Forecasts and Analysis - By End User
9.1.5 North America Autonomous Cranes Market Forecasts and Analysis - By Countries
9.1.5.1 United States Autonomous Cranes Market
9.1.5.1.1 United States Autonomous Cranes Market by Technology
9.1.5.1.2 United States Autonomous Cranes Market by End User
9.1.5.2 Canada Autonomous Cranes Market
9.1.5.2.1 Canada Autonomous Cranes Market by Technology
9.1.5.2.2 Canada Autonomous Cranes Market by End User
9.1.5.3 Mexico Autonomous Cranes Market
9.1.5.3.1 Mexico Autonomous Cranes Market by Technology
9.1.5.3.2 Mexico Autonomous Cranes Market by End User
9.2. EUROPE
9.2.1 Europe Autonomous Cranes Market Overview
9.2.2 Europe Autonomous Cranes Market Forecasts and Analysis
9.2.3 Europe Autonomous Cranes Market Forecasts and Analysis - By Technology
9.2.4 Europe Autonomous Cranes Market Forecasts and Analysis - By End User
9.2.5 Europe Autonomous Cranes Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Autonomous Cranes Market
9.2.5.1.1 Germany Autonomous Cranes Market by Technology
9.2.5.1.2 Germany Autonomous Cranes Market by End User
9.2.5.2 France Autonomous Cranes Market
9.2.5.2.1 France Autonomous Cranes Market by Technology
9.2.5.2.2 France Autonomous Cranes Market by End User
9.2.5.3 Italy Autonomous Cranes Market
9.2.5.3.1 Italy Autonomous Cranes Market by Technology
9.2.5.3.2 Italy Autonomous Cranes Market by End User
9.2.5.4 United Kingdom Autonomous Cranes Market
9.2.5.4.1 United Kingdom Autonomous Cranes Market by Technology
9.2.5.4.2 United Kingdom Autonomous Cranes Market by End User
9.2.5.5 Russia Autonomous Cranes Market
9.2.5.5.1 Russia Autonomous Cranes Market by Technology
9.2.5.5.2 Russia Autonomous Cranes Market by End User
9.2.5.6 Rest of Europe Autonomous Cranes Market
9.2.5.6.1 Rest of Europe Autonomous Cranes Market by Technology
9.2.5.6.2 Rest of Europe Autonomous Cranes Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Autonomous Cranes Market Overview
9.3.2 Asia-Pacific Autonomous Cranes Market Forecasts and Analysis
9.3.3 Asia-Pacific Autonomous Cranes Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Autonomous Cranes Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Autonomous Cranes Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Autonomous Cranes Market
9.3.5.1.1 Australia Autonomous Cranes Market by Technology
9.3.5.1.2 Australia Autonomous Cranes Market by End User
9.3.5.2 China Autonomous Cranes Market
9.3.5.2.1 China Autonomous Cranes Market by Technology
9.3.5.2.2 China Autonomous Cranes Market by End User
9.3.5.3 India Autonomous Cranes Market
9.3.5.3.1 India Autonomous Cranes Market by Technology
9.3.5.3.2 India Autonomous Cranes Market by End User
9.3.5.4 Japan Autonomous Cranes Market
9.3.5.4.1 Japan Autonomous Cranes Market by Technology
9.3.5.4.2 Japan Autonomous Cranes Market by End User
9.3.5.5 South Korea Autonomous Cranes Market
9.3.5.5.1 South Korea Autonomous Cranes Market by Technology
9.3.5.5.2 South Korea Autonomous Cranes Market by End User
9.3.5.6 Rest of Asia-Pacific Autonomous Cranes Market
9.3.5.6.1 Rest of Asia-Pacific Autonomous Cranes Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Autonomous Cranes Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Autonomous Cranes Market Overview
9.4.2 Middle East and Africa Autonomous Cranes Market Forecasts and Analysis
9.4.3 Middle East and Africa Autonomous Cranes Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Autonomous Cranes Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Autonomous Cranes Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Autonomous Cranes Market
9.4.5.1.1 South Africa Autonomous Cranes Market by Technology
9.4.5.1.2 South Africa Autonomous Cranes Market by End User
9.4.5.2 Saudi Arabia Autonomous Cranes Market
9.4.5.2.1 Saudi Arabia Autonomous Cranes Market by Technology
9.4.5.2.2 Saudi Arabia Autonomous Cranes Market by End User
9.4.5.3 U.A.E Autonomous Cranes Market
9.4.5.3.1 U.A.E Autonomous Cranes Market by Technology
9.4.5.3.2 U.A.E Autonomous Cranes Market by End User
9.4.5.4 Rest of Middle East and Africa Autonomous Cranes Market
9.4.5.4.1 Rest of Middle East and Africa Autonomous Cranes Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Autonomous Cranes Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Autonomous Cranes Market Overview
9.5.2 South and Central America Autonomous Cranes Market Forecasts and Analysis
9.5.3 South and Central America Autonomous Cranes Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Autonomous Cranes Market Forecasts and Analysis - By End User
9.5.5 South and Central America Autonomous Cranes Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Autonomous Cranes Market
9.5.5.1.1 Brazil Autonomous Cranes Market by Technology
9.5.5.1.2 Brazil Autonomous Cranes Market by End User
9.5.5.2 Argentina Autonomous Cranes Market
9.5.5.2.1 Argentina Autonomous Cranes Market by Technology
9.5.5.2.2 Argentina Autonomous Cranes Market by End User
9.5.5.3 Rest of South and Central America Autonomous Cranes Market
9.5.5.3.1 Rest of South and Central America Autonomous Cranes Market by Technology
9.5.5.3.2 Rest of South and Central America Autonomous Cranes Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTONOMOUS CRANES MARKET, KEY COMPANY PROFILES
11.1. EILBECK CRANES
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HENAN MINE CRANE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INTSITE LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KONECRANES
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LIUGONG MACHINERY CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MANITEX INTERNATIONAL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SANY GROUP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE MANITOWOC COMPANY, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Eilbeck Cranes
2. Henan Mine Crane
3. INTSITE Ltd.
4. Konecranes
5. Liebherr-International Deutschland GmbH
6. Liugong Machinery Co., Ltd.
7. Manitex International
8. SANY GROUP
9. Sumitomo Heavy Industries Construction Cranes Co., Ltd.
10. The Manitowoc Company, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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