FCC

TechSci Director: There is upsurge in demand for high-capacity cranes

2021-11-29

The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country. The construction industry in India has seen a high growth rate over the past years owing to the elevated economic growth of the country. Numerous heavy construction projects like metro projects, railway projects, flyovers, and bridges have collectively increased the demand for heavy-duty mobile cranes over the past few years. The demand for heavy-duty mobile cranes is expected to grow in the forecast period due to the rising demand for higher tonnage cranes, which are used in several applications.

Said Karan Chechi, Director, TechSci Research, ?The medium-duty mobile cranes market revenue is anticipated to witness steady growth over the forecast period owing to their load lifting capacity and performance in both small and medium-range operations. The medium-duty cranes are employed in transportation sites, warehouses, and workshops that have constraints for the handling of loads weighing under 20 tonne. The increasing demand for medium-duty cranes can further be attributed to their several advantages including installation and operational convenience over traditional crane equipment in load lifting operations. Market participants are offering innovative and advanced medium-duty mobile cranes in response to the growing demand across several industrial applications.?