Overhead Crane Manufacturing - IBISWorld Industry Market Research

Overhead Crane Manufacturing

Overhead Crane Manufacturing - IBISWorld Industry Market Research
Overhead Crane Manufacturing
Published Nov 03, 2014
35 pages — Published Nov 03, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


Over the past five years, the Overhead Crane Manufacturing industry began to slowly lift itself out of the recession. During the recession, declining industrial activity and freight volumes caused demand for industry products to fall. However, industry growth is anticipated to accelerate over the next five years. Increased industrial, trade and transportation activity amid continued economic growth will lead to demand improvements for industry products. Industrial capacity utilization is projected to exceed prerecession levels, making it more likely that manufacturers will have to expand capacity and purchase new overhead cranes. East Coast ports are also anticipated to expand and buy more cranes in order to meet increased trade traffic upon the completion of the Panama Canal expansion. However, increasing interest rates will make it more expensive to finance the purchase of industry products, tempering demand.

This industry manufactures overhead cranes, gantry cranes and bridge. Overhead cranes include a hook-and-line mechanism that runs along a horizontal beam, which runs along two widely separated rails.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

Document ID
Report Type
US Special Collection
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Overhead Crane Manufacturing" Nov 03, 2014. Alacra Store. Oct 26, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Overhead-Crane-Manufacturing-2042-5215>
IBISWorld Industry Market Research. (2014). Overhead Crane Manufacturing Nov 03, 2014. New York, NY: Alacra Store. Retrieved Oct 26, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Overhead-Crane-Manufacturing-2042-5215>
US$ 910.00
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