市場調查報告書
商品編碼
1422767
全球塔式起重機市場:按設計、按產品、按容量、按最終用戶、按地區、機會、預測,2017-2031 年Tower Crane Market Assessment, By Design, By Product, By Loading Capacity, By End-user, By Region, Opportunities and Forecast, 2017-2031F |
全球塔式起重機市場規模預計將從 2023 年的 64.2 億美元成長到 2031 年的 101.2 億美元,2024-2031 年預測期間複合年增長率為 5.85%。該市場近年來取得了顯著的成長,預計未來將保持穩定的擴張速度。
隨著世界人口的成長,越來越多的人移居城市,尋求更大的經濟前景和更高的生活品質。由於人口湧入城市,迫切需要摩天大樓、住宅建築和商業綜合體等現代化基礎設施。塔式起重機對於建築專案至關重要,因為它們可以有效、安全地在高處提升和定位大型物品和設備。因此,建築業對塔式起重機的需求激增,以適應不斷擴大的大都市景觀。此外,塔式起重機具有穩定的底座,使其能夠在崎嶇的地形上有效地工作。塔式起重機的固定側提高了設備的穩定性,可用於橋樑、鐵路線、水壩和其他結構的施工。此外,塔式起重機可用於提升橋樑和其他基礎設施結構的預製部件,預計這將推動塔式起重機市場的成長。
隨著世界轉向更清潔、更永續的能源,全球能源產業正經歷重大轉型。這項變更增加了對專用起重機的需求,以幫助各種能源基礎設施項目的建造和維護。風力渦輪機和太陽能電池板需要複雜的起重解決方案來管理這些複雜組件的精確和仔細的定位。塔式起重機市場有望受益於再生能源技術的日益使用。製造商預計將專注於設計適應再生能源專案獨特需求的起重機,確保整個安裝和維護作業的效率、安全性和精度。
塔式起重機製造商投資研發以生產新型、先進的設備。智慧服務面板、遠端監控、具有最佳滑輪繩角度的起重機以及高速起重機構等現代系統的快速發展可能會增加市場需求。此外,智慧控制技術的引入是另一個成長動力,該技術包括額外的安全措施和經過驗證的控制系統,可降低風險並控制塔式起重機操作。連接設備和工具、遠端資訊處理、智慧型手機應用和智慧控制等新技術是近期技術發展的一部分,預計將推動未來需求。
該報告研究了全球塔式起重機市場,並提供了市場概述,包括設計、產品、負載能力、最終用戶、地區和進入市場的公司概況的趨勢。
Global tower crane market is projected to witness a CAGR of 5.85% during the forecast period 2024-2031, growing from USD 6.42 billion in 2023 to USD 10.12 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
As the world's population rises, more people are relocating to cities for greater economic prospects and a higher quality of life. Because of the flow of people into cities, there is an urgent need to create contemporary infrastructure, such as skyscrapers, residential structures, and commercial complexes. Tower cranes are critical for building projects because they allow for the efficient and safe lifting and positioning of large items and equipment at great heights. As a result, to keep up with the ever-expanding metropolitan landscape, the construction sector has seen a boom in demand for tower cranes. Furthermore, because of its stable foundation, tower cranes are effective for activities in rugged and uneven terrains. The fixed aspect of tower cranes improves the equipment's stability, making it useful in constructing bridges, railway lines, dams, and other structures. Additionally, tower cranes are useful in lifting prefabricated components of bridges and other infrastructure structures, which is projected to fuel the tower crane market's growth.
For instance, in March 2023, Australian crane specialist Marr Contracting received a contract for heavy lifting services on the Kangaroo Point Green bridge in Brisbane. They developed the lifting proposal based on a M2480D heavy lift luffing tower crane having a 64-meter-long boom installed on a platform in the middle of the Brisbane River.
Expanding Role of Specialized Cranes in the Energy Sector
The global energy sector is undergoing a substantial upheaval, with a push toward cleaner and more sustainable energy sources. This change has resulted in an increase in demand for specialized cranes to help in the building and maintenance of various energy infrastructure projects. Wind turbines and solar panels require sophisticated lifting solutions that can manage the exact and careful positioning of these complex components. The tower crane market is poised to benefit from the increased usage of renewable energy technologies. Manufacturers are anticipated to focus on designing cranes adapted to the specific needs of renewable energy projects, ensuring efficiency, safety, and precision throughout installation and maintenance activities.
For example, in November 2023, XCMG's XGC28000 crawler crane completed the wind turbine installation of the world's first offshore floating wind power and aquaculture project on Nanri Island of Putian, Fujian Province. The crawler crane, with a 2,000-ton lifting capacity, had to operate at the dock due to the vessel's large width. It used a 126-meter main boom to precisely match the two tower tubes before assembling the engine room and raising three blades to dock with the wheel hub.
Increased R&D Investments to Boost Future Demand
Tower crane manufacturers invest in research and development (R&D) to create new and advanced equipment. The rapid development of modern systems, such as intelligent service panels, remote monitoring, cranes with optimal pulley rope angles, and high-speed hoist mechanisms, will likely increase market demand. Moreover, introducing intelligent control technology, which consists of safety measures with additional logic provable control systems that control tower crane operation with reduced risk, is acting as another growth-inducing factor. New technologies, such as connected equipment and tools, telematics, smartphone applications, and intelligent control, are some of the most recent technical developments expected to boost future demand.
For example, in October 2023, Potain launched the Evy 20-23 4 t, a part of Evy self-erecting tower range, specifically designed for home construction and residential building up to three stories in height. It is equipped with crane control system (CCS), smart set-up, power control, and drive control, offering users complete control and precision on the working site.
Government Infrastructure Projects to Drive Market
Government infrastructure development schemes have grown in number over time. The construction of hospitals, bridges, dams, and other types of public and private infrastructure has increased the market's growth potential, and this trend is predicted to continue in the future. Companies can introduce innovative products to market by expanding R&D efforts through partnerships or collaboration. The market is expected to have high sales potential because of the establishment of sales and service operations in developing countries, as well as long-term collaborations with local distributors. The market is expanding because of increased construction activity and the advent of high-rise commercial and residential buildings worldwide. When compared to other traditional options, the heavyweight lifting capabilities of these machines will enhance their usage, particularly in urban construction scenarios.
For example, in August 2023, multiple projects in Gujarat International Finance Tec-City were responsible for driving the demand of tower cranes to build and install tall structures. Furthermore, a 1200-ton crawler crane was used to lift loads of more than 1,150 tons while setting up of the Pachpadra Oil Refinery in Rajasthan.
Dominance of Hammerhead Cranes
Hammerhead cranes account for the highest proportion (42% in 2022), which is expected to expand at a CAGR of 6% between 2023 and 2030. These cranes are becoming increasingly popular due to their dependable handling of large loads with precision and accuracy in horizontal load transfer. Its operation is adaptable and can be tailored to perform efficiently for any project site and any type or volume of material being moved. Hammerhead cranes are meant to be more energy efficient and emit less emissions than other typical construction machinery, contributing to a more environmentally friendly construction sector.
For instance, in December 2021, LIEBHERR Australia introduced hammerhead cranes to its fleet. The installation assisted in the construction of the WestConnex M4-M5 Link Tunnels. The use of energy-efficient components in the crane demonstrates the company's commitment to reducing its environmental imprint while also lowering operational costs.
Asia-Pacific Dominates Tower Crane Market
Asia-Pacific is exerting its dominance in the global tower crane market. It includes a significant increase in construction activities of high rise commercial and residential projects as well as several infrastructure development projects undertaken by government and private firms. Singapore has a huge infrastructure development program initiated by its government. Additionally, India is also experiencing a high demand for tower cranes on account of multiple infrastructure development projects from the government. ASEAN countries, such as the Philippines, Vietnam, Thailand, Indonesia, and Malaysia, also witness a significant boost in infrastructure and construction activities. In many cases, the projects have been facilitated through loans and assistance from other major countries including India, Japan, and China. Furthermore, several rail and road projects will likely increase demand for tower cranes in the region in the future.
For instance, according to the "National Development and Reform Commission," China approved 26 infrastructure projects totaling USD 142 billion in investment for 2022. Songdo, South Korea, is a planned city near Seoul that is being built from the bottom up as a smart city. Forest City is a vast mixed-use development in Johor Bahru, Malaysia, that contains residential, business, and recreational activities.
Future Market Scenario (2024 - 2031F)
The tower crane market is primarily being driven by expanding high-rise construction activity. The need for housing, particularly in metropolitan areas, has influenced the construction of high-rise structures that need the lifting and handling of building materials and components at higher heights, resulting in strong market demand.
Government initiatives regarding public infrastructure have grown substantially with the construction of dams, bridges, hospitals, smart cities as well as other public and private infrastructure facilities. This is expected to continue the same between 2024 and 2031.
Another key area that requires heavy-duty construction cranes is the rise in demand for prefabricated buildings to be built on construction sites, which is predicted to increase demand for tower cranes over the medium to long term.
New technologies, such as connected equipment and tools, smartphone applications, telematics, intelligent control, and other technological breakthroughs, are likely to drive the global tower crane market in the future.
Key Players Landscape and Outlook
Key participants in the tower crane market include Liebherr International AG, Wolffkran International AG, The Manitowoc Company, Inc., Xuzhou Heavy Machinery Co., Ltd. (XCMG), and Zoomlion Heavy Industry Science & Technology Co., Ltd. Major players are investing in R&D to improve their products and drive further growth in the tower crane market. Tower crane manufacturers are also taking strategic decisions to expand their footprint, with new product launches, contractual agreements, mergers and acquisitions, investments, and collaboration with other organizations. Local manufacturing with minimized operational costs is a major business tactic used by the players to benefit clients and increase market share.
For instance, in March 2022, Terex Corporation partnered with XL Kranlogistik to expand its reach in the Australia market, with the latter placing a significant order of 14 tower cranes to enhance its existing crane fleet.
In April 2023, Zoomlion Heavy Industry Science and Technology Co., Ltd. rolled off the production line at Zoomlion Tower Crane Intelligent Factory in Changde, China. It will offer more modern solutions to China's industrial heavy-duty trend and construction industrialization, increasing Chinese brands' impact and competitiveness in the global tower crane market.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.