LIFTING SUCCESS!
The infrastructure sector is a major consumer of mobile cranes, and the growth in infrastructure owing to increase in focus on public-private partnerships boosts the demand for mobile cranes; thereby, driving its market growth. As the application of mobile cranes
The infrastructure sector is a major consumer of mobile cranes, and the growth in infrastructure owing to increase in focus on public-private partnerships boosts the demand for mobile cranes; thereby, driving its market growth.
As the application of mobile cranes is getting diversified with the rise in demand from various sectors such as port, shipping, building and construction, manufacturers are bringing in more advanced range of truck cranes, crawler cranes, and other type of cranes.
With key end-use industries subject to ascend at steady rates, the mobile cranes industry is projected to come across higher profit margins in the near future.
The main advantage of mobile cranes is their compactness and ease of accessibility in small construction sites especially in urban areas. Mobile cranes require less site space for operation than tower cranes and hence perform the same tasks as fixed cranes; however, maximize working space during operation. Furthermore, mobile cranes do not require assembling on each site, which saves time of assembly as well as reduces the labor requirement. These factors drive the growth of the Mobile Crane Market. Public-private partnerships (PPPs) have been an effective method for channeling private funds for infrastructural development in various countries. Infrastructure development is a major factor promoting the rapid urban growth especially in developing nations. Aftermarket support plays an important role in bolstering the mobile cranes industry.
Speaking about the current market size for mobile cranes, Subhajit Chandra – Divisional Head- Mobile Crane Division at Liebherr India, said, “The India Crane Market size is likely to witness growth during 2021-2024. This growth is primarily attributed to increasing government focus on construction projects such as the Smart Cities Mission and Housing for All as a result of rapid urbanization in the country. Additionally, the government is also implementing certain ambitious plans for economic development such as the Amrut scheme, Golden Corridor, the commencement of metro rail projects as well as the expansion of bullet trains. Further, India has also witnessed growth in building and construction spending due to the rise in per capita disposable income and the availability of affordable loans in the country. These initiatives will spur the demand for the construction market and in turn, would accelerate the demand for cranes in India during the forecast period. In terms of crane type, the mobile crane dominates the overall India crane market due to the increasing number of construction projects in the country.”
Commenting on the technological advancements in mobile cranes, Sanjay Saxena, Senior Vice President & Head of Heavy Equipment Business Unit at Sany Heavy Industry India Pvt. Ltd, said, “Technological advancements are the biggest USP of all Sany products. Sany mobile cranes also come equipped with an intelligent control system. It is laced with a self-developed controller for engineering machinery. Its electrical control also ensures a simple harness and steady signal transmission for real-time auto-monitoring of operation conditions. Sany mobile cranes offer high stability and driving flexibility along with high efficiency and maximum lifting capacity. The adjustable hydraulic system and engine’s multimode power output function also contribute toward reduced fuel consumption without compromising on efficiency. Additionally, a double-axle drive provides good manoeuvrability and comfort even under complex road conditions. Sany mobile cranes have the advantage of longer boom lengths & better load carrying capabilities over the similar capacity competitor cranes.”
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