DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jnzk5m/global_tower) has announced the addition of the "Global Tower Crane Market 2015-2019" report to their offering.
The report estimates the increase in urban infrastructure projects, high rise building projects, and high rise residential apartment construction projects across globe to impel market growth during the forecast period. Consequently, this market is expected to generate a revenue of more than USD 8 billion by 2019.
The growth of equipment rentals is one of the major trends. With the construction equipment industry being capital-intensive, many small firms are unable to invest heavily in advanced tower cranes; however, many vendors offer equipment on a rental basis. This is expected to lead to increased adoption of tower cranes.
According to the report, the market is driven by many growth factors, one of which is the growth of high-rise building construction worldwide. Growing populations and the migration of people to urban areas have led to an increase in demand for new cities with efficient transport infrastructure facilities, which has resulted in a significant rise in the number of urban infrastructure projects across different countries. This has escalated demand for tower cranes. In addition, increased investment in infrastructure development
Further, the report states that changing customer needs are one of the major challenges. Regardless of the customer usage of tower cranes, manufacturers are required to create features such as reduced carbon emissions, equipment suited for light construction work, and fuel efficiency, which are value additions to all customers.
- Favelle Favco
- Saren Group
- Natraj Associates
- ABUS Crane system
- Shandong Dahan Construction Machinery
- Linden Comansa America
- Hankook Tower Crane
- Escorts Construction Equipment
- Manitowoc Cranes
- Jayem Manufacturing
- Action Construction Equipment
Jinan Dongyue Tower Crane Manufacturers.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/jnzk5m/global_tower