Report on Global Tower Crane Market [2015-2019]

Report on Global Tower Crane Market [2015-2019]

Bharat Book Bureau provides the report, on “ Report on Global Tower Crane Market [2015-2019]https://www.bharatbook.com/industrial-goods-machinery-market-research-reports-739767/tower-crane-global.html Tower cranes can lift a total of around 20 tons and are mostly used for the construction of high-rise building projects.

14th Jan2016 Mumbai, India: Bharatbook.com announces a report on “ Report on Global Tower Crane Market [2015-2019] ". market research analyst has estimated the infrastructure segment to be the largest segment during the forecast period followed by the residential and commercial sectors.

Market outlook of the global tower crane market

Tower cranes can lift a total of around 20 tons and are mostly used for the construction of high-rise building projects. market research analysts estimate the increase in urban infrastructure projects, high rise building projects, and high rise residential apartment construction projects across globe to impel market growth during the forecast period. Consequently, this market is expected to generate a revenue of more than USD 8 billion by 2019.

Geographically, the APAC region is estimated to account for more than 45% of the total market share by 2019. Increasing investments in urban infrastructure projects across countries such as China, India, and Indonesia is expected to augment market growth in APAC during the forecast period.

End-user segmentation of the tower crane market

• Infrastructure sector

• Residential sector

• Commercial sector

In this market analysis, market research analyst has estimated the infrastructure segment to be the largest segment during the forecast period followed by the residential and commercial sectors. Huge investments made by the governments of several countries across world are expected to result in this segment’s high market share during the forecast period.

Competitive landscape and key vendors

Competition in the market...