UNITED KINGDOM CRANE MARKET SIZE WILL BE VALUED AT USD 1329 MILLION AND TO REACH A VOLUME OF 5731 UNITS BY 2027, GROWING AT A COMPOUND ANNUAL GROWTH RATE (CAGR) OF 4.61% BY VOLUME DURING 2021-2027

The United Kingdom Crane Market Research Report includes by Crane Type (Mobile Crane (Crawler Cranes, Rough Terrain Cranes, All Terrain Cranes, Truck Mounted Cranes and Others), and Fixed Cranes (Overhead Cranes and Tower Cranes), Application (Construction, Mining, Transport/Port, Manufacturing, and Others), and Gross Power (Less than 20 Tons, 20-100 Tons, 101-200 Tons, and Greater than 201 Tons)

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79 Pages

xx Tables

xx Charts

1 Regions

1 Countries

17 Companies

3 Market Segment

UNITED KINGDOM CRANE MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE (VALUE) USD 1329 MILLION (2027)
MARKET SIZE (VOLUME) 5731 UNITS (2027)
CAGR (VOLUME) 4.61% (2021-2027)
BASE YEAR 2020
HISTORIC YEAR 2018-2019
FORECAST YEAR 2021-2027
CRANE TYPE Mobile Crane (Crawler Cranes, Rough Terrain Cranes, All Terrain Cranes, Truck Mounted Cranes and Others), and Fixed Cranes (Overhead Cranes and Tower Cranes)
APPLICATION Construction, Mining, Transport/Port, Manufacturing, and Others
GROSS POWER Less than 20 Tons, 20-100 Tons, 101-200 Tons, and Greater than 201 Tons

UNITED KINGDOM CRANE MARKET INSIGHTS

  • United Kingdom crane market size was valued at USD 1008.6 million and reached a volume of 4374 units in 2021. 
  • The rise in construction activities in health care and clean energy projects will drive the demand for cranes in the UK.
  • In the UK, the rental business is developing rapidly. With most OEMs offering rental services in this space, a major part of the rental equipment market in the UK is dominated by unorganized players.
  • The UK is the 5th largest importer of mobile cranes across the globe. The demand for mobile cranes has increased in 2021 due to the rise in residential and hospital construction activities.
  • The crane with luffing tower crane with a lifting capacity of 60 ton, 100 ton, and 160 ton is high in demand in the UK market.

UK Crane Market by Volume

UNITED KINGDOM CRANE MARKET - SEGMENTATION ANALYSIS

  • Cranes used in the construction industry accounted for the largest market share, pertaining to large government expenditure on construction projects.
  • The demand for mobile cranes is largely driven to address high-end works for urban and infrastructure development. 
  • The United Kingdom is the leading exporter of crushed rock used for construction and industrial uses. United Kingdom’s crane market by mining is expected to reach more than USD 80 million by 2027.

KEY HIGHLIGHTS FROM THE REPORT

  • The demand for mini/compact cranes is expected to increase in the coming years as they are feasible due to their compact size and rising market growth.
  • With the rise in automation technology, smart cranes are gaining high traction across the UK crane market. 
  • Increasing investments from developing nations, favorable government policies, and FDIs are contributing to the growth of the crane industry in the United Kingdom. 

VENDOR LANDSCAPE

The ability of vendors to finance the procurement of parts and components required to manufacture and operate cranes is influenced by the purchasing power of contractors. The increase in government investments in various infrastructure development projects such as National Health Plan, Birmingham’s city plan projects, Cross rail projects, and HS2 rail line projects will increase the demand for mobile Cranes in the UK. Tadano announced that it would be introducing the new GR-700EX-4, GR 900EX 4, and GR-1000EX-4 rough terrain crane family in the UK. The company offers crawler cranes, rough-terrain cranes, all-terrain cranes, truck-mounted cranes, telescopic cranes, and others.

TARGET AUDIENCE:

  • Top-level management personnel of existing operators/vendors
  • Potential new entrants to the market
  • Consultants/consultancies/advisory firms
  • Professional landscaping service providers/contractors
  • Corporate and governments bodies

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:

  • Volume (Unit sales)
    • Crane Type
    • Application
    • Gross Power
  • Value (USD)     
    • Crane Type
    • Application
    • Gross Power                                   
  • Gain competitive intelligence about the economic scenario, advantages in United Kingdom major projects and investments, dynamics, and market share
  • Examples of latest technologies
  • Get presentation-ready format and easy-to-interpret data
  • Enable decision-makers to make informed and profitable choices
  • Gain expert quantitative and qualitative analysis on value/volume growth projections of the United Kingdom crane market share
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the market
  • Company Profile of 9 key vendors and 5 other prominent vendors

KEY VENDORS

Major Vendors: Tadano manufactures construction cranes, Manitex International, Manitowoc, SANY, Kobelco, Liebherr, Konecranes, Terex Corporation, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG).

Other Prominent Vendors: Mammoet, Sarens, Ormig, Link- Belt Cranes, and Kato Works 

Distributors: Weldex, Crowland Cranes Ltd, and NRC

Frequently Asked Questions

United Kingdom crane market size will be valued at USD 1329 million and to reach a volume of 5731 units by 2027.
The development of smart cranes is the latest trend in the United Kingdom crane market.
Tadano manufactures construction cranes, Manitex International, Manitowoc, SANY, Kobelco, Liebherr, Konecranes, Terex Corporation, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG) are the key players in the United Kingdom crane industry.
Mobile cranes accounted for the largest market share, and the vendors are expected to grab those opportunities to grow in the UK crane market.
The construction industry segment accounted for the highest share in the United Kingdom crane industry.
Mobile crane- crawler cranes, rough terrain cranes, all-terrain cranes, truck mounted cranes, telescopic cranes, and fixed cranes- overhead cranes and tower cranes.
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