North America Automated Overhead Crane Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Bridge Crane, Gantry Crane, Monorail Crane, Jib Crane, and Others), Level of Automation (Semi-Automated and Fully Automated), and Industry (Manufacturing, Shipbuilding, Metals and Steel, and Others)

Code: TIPRE00025251 | Pages: 98 | Industry: Manufacturing and Construction | Date: Oct 2021
Covid

Market Introduction

North America comprises developed economies, including the US, Canada, and Mexico. This region's significant share is mainly due to a high level of customer awareness and greater acceptance of innovative technologies in this region. The automated overhead cranes are increasingly used in high-risk environments, including manufacturing unit, metal and steel, shipbuilding, and construction industry. Increased government support through subsidies, positive economic outlook, and a large production base, are driving the sales of high-capacity automated overhead cranes for lifting heavy items. The market players in this region are continuously developing overall business processes to meet end users’ demands for high-quality products. The US has a robust port infrastructure, which can be mainly due to its dependence on imported goods as well as the great extent of outsourcing manufacturing and production activities to Asian economies. Further, North America is a home for oil and natural gas production. North America is highly inclined to keep its marine transportation system functioning in safe and efficient ways. Thus, it is focused on obtaining data about the depth of water, shape of the seafloor and coastline, and other physical features of water bodies. To collect this data, the adoption of automated overhead cranes is increasing. Therefore, several marine activities such as international trading, oil and gas extraction activities, and many other activities are boosting the demand for overhead cranes in North America.

In case of COVID-19, North America is highly affected specially the US. Due to various restrictions and limitations, construction, manufacturing, and metal & mining industries showed declined production. All these affected the related trading activities, leading to an economic slowdown. Moreover, owing to the imposition of strict containment measures, operations were permitted with limited number of employees only. This hampered the production activities in the US. Overhead cranes are essentially required at several job sites. These cranes help in moving heavy loads from one place to another, increasing the floor space, efficiency, and safety. Owing to restriction of trade operations, the region has experienced significant decline in the adoption of automated overhead cranes from demand side in 2020. The ship building industry in Canada suffered adversely due to this pandemic. Ship hulls are massive and are shaped irregularly. Moving and shifting heavy tools, equipment, components, and parts around the inside of a slanted hull can be difficult without the help of an overhead crane. A wide spanning heavy gantry cranes are required essentially for building ship hulls. However, gantry cranes were among the cranes that observed significant reduction in their sales. Moreover, as economies reopen and trade restriction get relaxed, the automated overhead crane market is expected to witness a steady growth in North America.


Get more information on this report :



Market Overview and Dynamics

The North America automated overhead crane market is expected to grow from US$ 456.56 million in 2021 to US$ 690.78 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028. The rising demand for omnichannel distribution and supply chain strategy by the retail stores to fulfil the demand of their customers at anytime from anywhere is boosting the number of warehouses and distribution centers. The constant growth in e-commerce, 3PL, fast moving consumer goods (FMCG), fast moving consumer durable (FMCD), retail, and manufacturing industries is supporting the rising number of organized warehousing spaces in the countries. The e-commerce and 3PL market players are the biggest adopters of organized warehousing spaces. For instance, the constant growth in the e-commerce industry is boosting the development in the number of warehouses and distribution centers across the region. The e-retailers are now more strongly looking forward in opening warehouses in tier I and tier II cities. Thus, the demand for automated overhead cranes across warehouse and distribution centers for lifting heavy equipment and material handling will increase. The warehouse crane usually consists of single girder overhead crane, double girder overhead crane, and electric hoist gantry crane for lifting purpose. Majority of the warehouses and distribution centers use automated overhead cranes with the lifting capacity of 1 ton, 3-ton, 5 ton, and 10 ton up to 100 ton. Therefore, the commodities or material substances can be lifted and transferred to other places easily. So, rising demand of warehouses and distribution centers are expected to increase the demand of crane, thereby driving the North America automated overhead crane market.

Key Market Segments

In terms of type, the gantry cranes segment accounted for the largest share of the North America automated overhead crane market in 2020. In terms of level of automation, the semi-automated segment held a larger market share of North America automated overhead crane market in 2020.  Further, the manufacturing segment held a larger share of the North America automated overhead crane market based on industry in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America automated overhead crane market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Acculift; DONGQI GROUP; EMH, Inc; EntsorgaFin S.p.A.; Konecranes Oyj; Kundel Industries Inc.; Sumitomo Heavy Industries Material Handling Systems Co., Ltd.; and Weihua Group.

Reasons to buy report

  • To understand the North America automated overhead crane market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America automated overhead crane market
  • Efficiently plan M&A and partnership deals in North America automated overhead crane market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America automated overhead crane market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Automated Overhead Crane Market Segmentation

North America Automated Overhead Crane Market - By Type

  • Bridge Crane
  • Gantry Crane
  • Monorail Crane
  • Jib Crane 
  • Others

North America Automated Overhead Crane Market - By Level of Automation

  • Semi-Automated
  • Fully Automated

North America Automated Overhead Crane Market - By Industry

  • Manufacturing
  • Shipbuilding
  • Metals and Steel
  • Others

North America Automated Overhead Crane Market - By Country

  • US 
  • Canada
  • Mexico

North America Automated Overhead Crane Market - Company Profiles

  • Acculift
  • DONGQI GROUP
  • EMH, Inc
  • EntsorgaFin S.p.A.
  • Konecranes Oyj
  • Kundel Industries Inc.
  • Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  • Weihua Group

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Automated Overhead Crane Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

5.           North America Automated Overhead Crane Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Automation in the Manufacturing Sector

5.1.2        Rising Development of Automated Shipbuilding Cranes

5.2         Market Restraints

5.2.1        High Implementation and Maintenance Cost

5.3         Market Opportunities

5.3.1        Escalating Number of Distribution and Warehousing Centers

5.4         Future Trends

5.4.1        Growing Adoption of Industry 4.0 for Smarter Lifting Equipment

5.5         Impact Analysis of Drivers and Restraints

6.           Automated Overhead Crane Market– North America Analysis

6.1         North America Automated Overhead Crane Market Overview

6.2         North America Automated Overhead Crane Market Revenue Forecast and Analysis

7.           North America Automated Overhead Crane Market Revenue and Forecast to 2028 – By Type

7.1         Overview

7.2         North America Automated Overhead Crane Market, by Type (2020 & 2028)

7.3         Bridge Cranes

7.3.1        Overview

7.3.2        Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.4         Gantry Cranes

7.4.1        Overview

7.4.2        Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.5         Monorail Cranes

7.5.1        Overview

7.5.2        Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.6         Jib Cranes

7.6.1        Overview

7.6.2        Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8.           North America Automated Overhead Crane Market Analysis and Forecast to 2028 – By Level of Automation

8.1         Overview

8.2         North America Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

8.3         Semi-Automated

8.3.1        Overview

8.3.2        Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8.4         Fully Automated

8.4.1        Overview

8.4.2        Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.           North America Automated Overhead Crane Market Analysis and Forecast to 2028 – By Industry

9.1         Overview

9.2         North America Automated Overhead Crane Market, by Industry (2020 & 2028)

9.3         Manufacturing

9.3.1        Overview

9.3.2        Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.4         Shipbuilding

9.4.1        Overview

9.4.2        Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.5         Metals and Steel

9.5.1        Overview

9.5.2        Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

10.        North America Automated Overhead Crane Market – Country Analysis

10.1      Overview

10.1.1     North America: Automated Overhead Crane Market, by Key Country

10.1.1.1       US: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Automated Overhead Crane Market, by Type

10.1.1.1.2       US: Automated Overhead Crane Market, by Level of Automation

10.1.1.1.3       US: Automated Overhead Crane Market, by Industry

10.1.1.2       Canada: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Automated Overhead Crane Market, by Type

10.1.1.2.2       Canada: Automated Overhead Crane Market, by Level of Automation

10.1.1.2.3       Canada: Automated Overhead Crane Market, by Industry

10.1.1.3       Mexico: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Automated Overhead Crane Market, by Type

10.1.1.3.2       Mexico: Automated Overhead Crane Market, by Level of Automation

10.1.1.3.3       Mexico: Automated Overhead Crane Market, by Industry

11.        North America Automated Overhead Crane Market - COVID-19 Impact Analysis

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

13.1      DONGQI GROUP

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Konecranes Oyj

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      EMH, Inc

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      EntsorgaFin S.p.A.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Kundel Industries Inc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Weihua Group

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Sumitomo Heavy Industries Material Handling Systems Co., Ltd.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Acculift

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             North America Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             North America: Automated Overhead Crane Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 5.             US: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Canada: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Mexico: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 12.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Automated Overhead Crane Market Segmentation

Figure 2.           North America Automated Overhead Crane Market Segmentation – By Country

Figure 3.           North America Automated Overhead Crane Market Overview

Figure 4.           North America Automated Overhead Crane Market, by Type

Figure 5.           North America Automated Overhead Crane Market, by Industry

Figure 6.           North America Automated Overhead Crane Market, by Country

Figure 7.           North America – PEST Analysis

Figure 8.           North America Automated Overhead Crane Market: Ecosystem Analysis

Figure 9.           North America Automated Overhead Crane Market: Impact Analysis of Drivers and Restraints

Figure 10.        North America Automated Overhead Crane Market Revenue Forecast and Analysis (US$ Million)

Figure 11.        North America Automated Overhead Crane Market, by Type (2020 & 2028)

Figure 12.        North America Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

Figure 18.        North America Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        North America Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Automated Overhead Crane Market, by Industry (2020 & 2028)

Figure 21.        North America Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        North America Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        North America Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America: Automated Overhead Crane Market, by Key Country – Revenue (2020) (USD Million)

Figure 26.        North America: Automated Overhead Crane Market Revenue Share, by Key Country (2020 & 2028)

Figure 27.        US: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Canada: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Mexico: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Impact of COVID-19 Pandemic in North American Country Markets

  1. Acculift
  2. DONGQI GROUP
  3. EMH, Inc
  4. EntsorgaFin S.p.A.
  5. Konecranes Oyj
  6. Kundel Industries Inc.
  7. Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  8. Weihua Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America automated overhead crane market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America automated overhead crane market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the automated overhead crane market, as well as those hindering it 
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags North America Automated Overhead Crane Market Market North America Automated Overhead Crane Market Market Research North America Automated Overhead Crane Market Market Insight North America Automated Overhead Crane Market Market Trends North America Automated Overhead Crane Market Market Forecast North America Automated Overhead Crane Market Market Share North America Automated Overhead Crane Market Market 2028 North America Automated Overhead Crane Market Market Growth North America Automated Overhead Crane Market Industry Sector North America Automated Overhead Crane Market PDF Report North America Automated Overhead Crane Market Analysis North America Automated Overhead Crane Market Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000