Overhead Cranes Market Size | Top Key Players, Business Scope, Revenue, Growth Insights
Market Forecast The Global Overhead Cranes Market Size is expected to cross USD 3,957.0 Million by 2025 growing at a CAGR of 5%. Segmentation By Product: The two segments are the single girder and double girder overhead cranes in the global overhead cranes market. Single girder cranes find utility in industries which need the cranes to perform a specific task and not be retrofitted for additional tasks. Single girder cranes have an active rental market as well. The primary advantage offered by single girder cranes over double girder cranes is reduced cost. Double girder cranes are more expensive but can be repurposed with far greater ease than single girder cranes. This is mostly due to the greater hook height they offer. They find utility in factories, warehouses, and transportation. By End-User: Virtually all heavy industries, metal processing, chemicals, and utilities find use for overhead cranes. The automotive industry is expanding rapidly with China expected to i