Small Mobile Crane Market Forecast, Global Analysis By Crane Type and Application, Forecast
Mobile Crane Market Scenario: The mobile crane market is expected to grow over the CAGR of around 4% during the period 2017 to 2023. The mobile crane market is majorly driven by the increasing focus on the infrastructural developments. Power distribution is also largely contributing to the growth of the market as it is being extensively used during the construction and maintenance activities required during the process of power distribution. The adoption of GPS technology by the equipment holders have ensured operational efficiency and profitability. Therefore, the adoption of telematics is expected to contribute to the growth of the small mobile crane market . Mobile crane refers to a lifting device, which is incorporated of a cable controlled crane mounted on a rubber tired carrier comprising of a telescopic boom. It is being designed to facilitate easy transportation between various operating locations by road. Regional Analysis Asia-Pacific region is expected to grow ra...