South America Overhead Cranes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Gantry Crane, Bridge Crane, Jib Crane, Monorail Crane, and Others), Installation (Mobile Crane and Fixed Crane), Operation Type (Electric, Hydraulic, and Hybrid), and Verticals (Logistics, Automotive, Marine, and Others)
The South America overhead cranes market is expected to grow from US$ 211.89 million in 2022 to US$ 273.84 million by 2028. It is estimated to grow at a CAGR of 4.4% from 2022 to 2028.
Growing Need for Workplace Safety in Industrial Applications in South America Overhead Cranes Market
In chemical, power, and construction industries, some processes involve constant exposure to toxic chemicals, heated material, and heavy loads. If these tasks can be handled manually, they can pose a risk to workers’ life. Lifting heavy loads with inappropriate handling can create risks for a worker handling it or in a nearby space. Therefore, industries are adopting several advanced equipment, machinery, and technologies to minimize human intervention and maximize productivity for workplace safety and health measures. Overhead cranes are specialized equipment designed to lift and transfer bulky, heavy loads, toxic chemicals, and heated material in industrial spaces. Automated processes with the help of overhead cranes provide safety to the industries' workforce and improve the quality and production process. Thus, increasing workplace safety in industrial applications fuels the South America overhead cranes market growth.
South America Overhead Cranes Market Overview
The South America (SAM) overhead cranes market, based on country, is segmented into Brazil, Argentina, and the rest of South America. The rising government initiatives across countries such as Brazil and Argentina to gain foreign investment in their manufacturing sector. Rising investments in establishing new production facilities across South America are expected to propel the demand for overhead cranes from various industries, including automotive, manufacturing, and consumer electronics, in Brazil and Argentina during the forecast period.
Over the years, the warehousing industry in South America has experienced significant growth owing to the presence of local and international warehousing and logistics companies. The increase in investment by international logistics and warehousing brands in the region is further influencing the demand for overhead cranes from the industry for applications such as transportation and storage in the facility. In December 2022, A.P. Moller – Maersk announced the launch of its new warehouse in Brazil. All these factors are expected to contribute to the South America overhead cranes market growth during the forecast period.
South America Overhead cranes market Revenue and Forecast to 2028 (US$ Million)
The South America overhead cranes market is segmented on the basis of type, installation, operation type, end-user industry, and country. Based on type, the market is segmented into bridge crane, gantry crane, monorail crane, jib crane, and others. The gantry crane segment registered the largest market share in 2022.
Based on installation, the South America market is bifurcated into mobile crane and fixed crane. The fixed crane segment registered a larger market share in 2022.
Based on operation type, the South America overhead cranes market is segmented into hydraulic, electric, and hybrid. The electric segment registered the largest market share in 2022.
Based on verticals, the South America overhead cranes market is segmented into automotive, logistics, utilities, marine, and others. The logistics segment registered the largest market share in 2022.
Based on country, the South America overhead cranes market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market share in 2022.
ABUS Kransysteme GmbH, Cargotec Corp, Demag Cranes & Components GmbH, Gorbel Inc, Konecranes Plc, Liebherr-International Deutschland GmbH, and Sumitomo Heavy Industries Ltd are the leading companies operating in the South America overhead cranes market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South America Overhead Cranes Market – By Type
1.3.2 South America Overhead Cranes Market – By Installation
1.3.3 South America Overhead Cranes Market – By Operation Type
1.3.4 South America Overhead Cranes Market – By Verticals
1.3.5 South America Overhead Cranes Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Overhead Cranes Market Landscape
4.1 Market Overview
4.2 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South America Overhead Cranes Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Investments in Manufacturing Sector
5.1.2 Growing Need for Workplace Safety in Industrial Applications
5.2 Market Restraints
5.2.1 Fluctuations in Prices of Steel
5.3 Market Opportunities
5.3.1 Growing using and Distribution Centers
5.4 Future Trends
5.4.1 Technological Advancements in Overhead Crane
5.5 Impact Analysis of Drivers and Restraints
6. Overhead Cranes Market – South America Analysis
6.1 South America Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)
7. South America Overhead Cranes Market Analysis – By Type
7.1 Overview
7.2 South America Overhead Cranes Market, By Type (2021 and 2028)
7.3 Gantry Crane
7.3.1 Overview
7.3.2 Gantry Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Bridge Crane
7.4.1 Overview
7.4.2 Bridge Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Jib Crane
7.5.1 Overview
7.5.2 Jib Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
7.6 Monorail Crane
7.6.1 Overview
7.6.2 Monorail Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
8. South America Overhead Cranes Market Analysis – By Installation
8.1 Overview
8.2 South America Overhead Cranes Market, By Installation (2021 and 2028)
8.3 Fixed Crane
8.3.1 Overview
8.3.2 Fixed Crane: Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Mobile Crane
8.4.1 Overview
8.4.2 Mobile Crane: Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)
9. South America Overhead Cranes Market Analysis – By Operation Type
9.1 Overview
9.2 South America Overhead Cranes Market Breakdown, By Operation Type, 2021 & 2028
9.3 Electric
9.3.1 Overview
9.3.2 Electric Market Revenue and Forecast to 2028 (US$ Million)
9.4 Hydraulic
9.4.1 Overview
9.4.2 Hydraulic Market Revenue and Forecast to 2028 (US$ Million)
9.5 Hybrid
9.5.1 Overview
9.5.2 Hybrid Market Revenue and Forecast to 2028 (US$ Million)
10. South America Overhead Cranes Market Analysis – By Verticals
10.1 Overview
10.2 South America Overhead Cranes Market Breakdown, By Verticals, 2021 & 2028
10.3 Logistics
10.3.1 Overview
10.3.2 Logistics Market Revenue and Forecast to 2028 (US$ Million)
10.4 Automotive
10.4.1 Overview
10.4.2 Automotive Market Revenue and Forecast to 2028 (US$ Million)
10.5 Marine
10.5.1 Overview
10.5.2 Marine Market Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others Market Revenue and Forecast to 2028 (US$ Million)
11. South America Overhead Cranes Market – Country Analysis
11.1 Overview
11.1.1 South America Overhead Cranes Market Breakdown, by Country
11.1.1.1 Brazil Overhead Cranes Market, Revenue and Forecast to 2028
11.1.1.1.1 Brazil Overhead Cranes Market Breakdown, By Type
11.1.1.1.2 Brazil Overhead Cranes Market Breakdown, By Installation
11.1.1.1.3 Brazil Overhead Cranes Market Breakdown, By Operation Type
11.1.1.1.4 Brazil Overhead Cranes Market Breakdown, By Verticals
11.1.1.2 Argentina Overhead Cranes Market, Revenue and Forecast to 2028
11.1.1.2.1 Argentina Overhead Cranes Market Breakdown, By Type
11.1.1.2.2 Argentina Overhead Cranes Market Breakdown, By Installation
11.1.1.2.3 Argentina Overhead Cranes Market Breakdown, By Operation Type
11.1.1.2.4 Argentina Overhead Cranes Market Breakdown, By Verticals
11.1.1.3 Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028
11.1.1.3.1 Rest of South America Overhead Cranes Market Breakdown, By Type
11.1.1.3.2 Rest of South America Overhead Cranes Market Breakdown, By Installation
11.1.1.3.3 Rest of South America Overhead Cranes Market Breakdown, By Operation Type
11.1.1.3.4 Rest of South America Overhead Cranes Market Breakdown, By Verticals
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Sumitomo Heavy Industries Ltd
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 Liebherr-International Deutschland GmbH
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 Demag Cranes & Components GmbH
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 ABUS Kransysteme GmbH
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 Konecranes Plc
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 Gorbel Inc
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 Cargotec Corp
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. South America Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. South America Overhead Cranes Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. Brazil Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 4. Brazil Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)
Table 5. Brazil Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)
Table 6. Brazil Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)
Table 7. Argentina Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 8. Argentina Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)
Table 9. Argentina Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)
Table 10. Argentina Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)
Table 11. Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 12. Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)
Table 13. Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)
Table 14. Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. South America Overhead Cranes Market Segmentation
Figure 2. South America Overhead Cranes Market Segmentation – By Country
Figure 3. South America Overhead Cranes Market Overview
Figure 4. South America Overhead Cranes Market, by type
Figure 5. South America Overhead Cranes Market, by Country
Figure 6. South America: PEST Analysis
Figure 7. Expert Opinion
Figure 8. South America Overhead Cranes Market Impact Analysis of Drivers and Restraints
Figure 9. South America Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. South America Overhead Cranes Market Revenue Share, By Type (2021 and 2028)
Figure 11. Gantry Crane: South America Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 12. Bridge Crane: South America Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Jib Crane: South America Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14. Monorail Crane: South America Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Others: South America Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. South America Overhead Cranes Market Revenue Share, By Installation (2021 and 2028)
Figure 17. Fixed Crane: South America Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. Mobile Crane: South America Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. South America Overhead Cranes Market Revenue Share, By Operation Type (2021 and 2028)
Figure 20. South America Electric Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. South America Hydraulic Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. South America Hybrid Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. South America Overhead Cranes Market Revenue Share, By Verticals (2021 and 2028)
Figure 24. South America Logistics Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. South America Automotive Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. South America Marine Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. South America Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. South America: Overhead Cranes Market, by Key Country – Revenue (2021) (US$ Million)
Figure 29. South America Overhead Cranes Market Breakdown, by Country, 2021 & 2028 (%)
Figure 30. Brazil Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)
Figure 31. Argentina Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of South America Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)
- ABUS Kransysteme GmbH
- Cargotec Corp
- Demag Cranes & Components GmbH
- Gorbel Inc
- Konecranes Plc
- Liebherr-International Deutschland GmbH
- Sumitomo Heavy Industries Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America overhead cranes market.
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- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the overhead cranes market, as well as those hindering it
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