Mobile Crane Market Hoists Up Growth

Mobile cranes are used widely in the construction, engineering, and infrastructure industries. What makes them so essential to just about any construction project is that these mobile cranes are designed for easy transport to and from any jobsite. They are useful for lifting various materials—and these pieces of equipment continue to advance in a number of ways.

They come in many sizes and are used in a variety of projects because of the flexibility in application and low costs. The efficiency of mobile cranes lies in the amount of load they can carry and transfer. As a result, Technavio's analysts forecast the global mobile crane market will rise in the next four years. There are some drivers in the market. One big one is the expansion in industrial construction and maintenance as well as the popularity of telescopic crawlers.

However, despite growth projections the market is facing some challenges due to a lack of skilled and qualified crane operators. Still, mobile cranes are very useful to contractors on the jobsite, making a number of tasks easier. The market growth will create a ripple effect in the industry, and offer new opportunities for contractors to leverage smarter equipment out at the jobsite.

Posted: 6/13/2017 1:16:44 PM



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