Over the past five years, the industry has struggled with lower demand for its products and services across most of its downstream markets. Downstream demand for industry services is heavily skewed towards capital-intensive manufacturing industries. Many of these, such as paper, metal and car manufactures, have been in structural decline over the past decade. Subdued business confidence has resulted in lower capital expenditure, with capital expenditure by manufacturing companies declining every year since 2006-07. Although, Overhead Crane Manufacturing has benefited from the spillover effects of the boom in mining capital investment, both directly and indirectly.This industry manufactures overhead cranes and gantry cranes. 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.