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 by Type (Single Girder and Double Girder), Business Type (OEM and Aftersales), and End User (Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global overhead cranes industry generated $3.77 billion in 2019, and is expected to generate $5.04 billion by 2027, witnessing a CAGR of 4.9% from 2020 to 2027. Drivers, restraints, and opportunities Rise in government investment in development of infrastructure activity, growth in need for workplace safety in industrial applications, and higher time optimization and reduced labor cost drive the growth of the global overhead cranes market. However, limited availability of skilled workforce to complete operation and time requirement for supply chain restrain the market growth. On the other hand, surge in investment in the manufacturing sector present new opportunities in the coming years.

United statesHong kongUnited kingdomRalf teichmann gmbDavid correaKransysteme gmbBusiness intelligence solutionsKito corporationKonecranes plcSemiconductor electronicsEnergy powerColumbus mckinnon corporationAerospace defenseLibrary premiumMarket researchPrnewswire allied market research