The Crane Market is witnessing significant growth as large-scale infrastructure projects, including bridges, highways, metro systems, and high-rise buildings, continue to expand globally. Cranes such as tower cranes, mobile cranes, crawler cranes, and overhead cranes are essential for lifting and material handling in construction and industrial sectors.Rapid urbanization and smart city initiatives are key drivers of market demand. Additionally, the oil & gas, mining, and shipping industries are contributing to increased crane deployment. Technological advancements such as telematics, automation, and remote monitoring systems are enhancing operational efficiency and safety.
Asia-Pacific leads the market due to extensive infrastructure development, while North America and Europe focus on modernization and replacement demand. The Crane Market is expected to grow steadily with continued investments in construction and heavy industries.
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