France crane market assessment and forecast report 2021-2027 – ResearchAndMarkets.com – .

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France crane market assessment and forecast report 2021-2027 – ResearchAndMarkets.com – .


DUBLIN–(COMMERCIAL THREAD) –The report “France Crane Market 2021-2027” has been added to ResearchAndMarkets.com offer.

The crane market size in France will be valued at $ 1.5 billion and reach a volume of 5,566 units by 2027, growing at a compound annual growth rate (CAGR) of 3.67% in volume during the period 2021-2027.

The growing demand for cranes is attributed to investments from developed countries, favorable government policies and FDI, upcoming industrial developments in the construction industries, and government initiatives such as the Grand Paris Project and the upcoming 2024 Olympic Games. By shifting to intelligent systems driven by IoT and data analytics for service, networking and sustainability, the crane market is evolving into a more innovative industry.

SELLER’S LANDSCAPE

During the forecast period, increased private and public investment in new development and construction projects aimed at providing improved infrastructure is expected to drive the growth of the crane market in France. Suppliers such as KOBELCO have developed a new crawler crane equipped with a system to improve fuel consumption and reduce CO2 emissions. The players in the crane industry in France rely on innovative technologies to intensify competition.

For example, Palfinger Marine, an Austrian manufacturer of deck equipment, won a contract to supply 71 fixed boom cranes for the construction of the 500 MW Fécamp offshore wind farm in French waters.

FRENCH CRANE MARKET OUTLOOK

  • In 2021, the French crane market reached a volume of 4,483 units and is expected to reach 5,566 units by 2027.

  • The cranes feature intelligent service panels that help operators diagnose and correct problems faster, fueling crane use across France.

  • The Grand Paris Project and the 2024 Olympic Games in Paris are likely to boost the crane industry.

  • Several proposals for the development and modernization of large airports in France, with an expenditure estimated at 1.3 billion dollars, should boost the crane industry.

  • In France, the rental business is growing rapidly. With most OEMs offering rental services in this space, most of the crane rental market in France is dominated by unorganized players.

HIGHLIGHTS OF THE REPORT

  • In 2019, France imported cranes worth 539 million USD, making it the world’s fourth largest importer.

  • The 101-200 ton crane market in France was estimated at 1,691 units in 2020 and is expected to reach 2,122 units by 2027, growing at a CAGR of 3.53% during the period.

  • Over the past 3-4 years, the French crane market has grown, fueled by government initiatives such as the Macron Law.

  • Cranes used in the construction industry accounted for the largest share of about 50.1%.

CRANE MARKET IN FRANCE – SEGMENTATION ANALYSIS

  • The mobile crane market in France in value is expected to reach $ 502 million by 2027, growing at a CAGR of 4.04% in the forecast year.

  • The demand for crawler cranes is largely due to increased investment in building and civil engineering. The crawler crane industry in France in value is expected to reach $ 63.1 million by 2027.

  • Crane trucks are smaller, less versatile and used for lifting lighter loads (load capacity limit of about 45 tonnes) and are in great demand in the French market.

  • The fixed crane industry in France is expected to reach USD 962.7 million by 2027, with a CAGR of 3.27%.

  • Tower cranes are used to build tall structures such as skyscrapers. The construction industry in France is driving demand for tower cranes, and the French tower crane market is expected to reach $ 318.8 million by 2027.

Main suppliers

  • Tadano

  • Manitex International, Inc.

  • Manitowoc

  • SANY

  • Machinery of construction Kobelco (KCME)

  • Konecranes

  • Liebherr

  • Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

  • Terex Company

  • Cargotec

Other important suppliers

WHY PURCHASE THIS REPORT?

  • Volume (Unit sales)

  • Crane type

  • Application

  • Gross power

  • Value (USD)

  • Crane type

  • Application

  • Gross power

  • Benefit from competitive intelligence on the economic scenario, the strengths in France of major projects and investments, market dynamics, and share

  • Examples of latest technologies

  • Get presentation-ready format and easy-to-interpret data.

  • Enable decision-makers to make informed and profitable choices

  • Benefit from a quantitative and qualitative analysis of experts on the value / volume growth projections of the crane market share in France

  • Complete supply chain analysis

  • Get a COVID-19 impact analysis of the market.

  • Company Profile of 10 Key Suppliers and 5 Other Major Suppliers

For more information on this report, visit https://www.researchandmarkets.com/r/xaaybx

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