MRO Magazine

Global Handling and Lifting Equipment Market 2016-2020 – Increased Construction of High-Rises – Research and Markets

July 1, 2016
By Business Wire News


Research and Markets has announced the addition of the “Global Handling and Lifting Equipment Market 2016-2020” report to their offering.

The report forecasts the global handling and lifting equipment market to grow at a CAGR of 10.57% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The handling and lifting equipment manufacturers are focusing on the development of new and advanced equipment. Additional emphasis is laid on the safety and control systems that are being installed in the handling and lifting equipment. Builders and construction companies involved in the construction of high-rise buildings find it difficult to lift heavy materials and loads to greater heights. Material lifting operators face difficulty during the swaying of loads. Hence, construction equipment manufacturers are trying to improve the efficiency of lifting operations and provide protection on the work site.

According to the report, skyscrapers are increasingly being built in many large and medium-sized cities due to rapid urbanization and economic growth worldwide. Ultra-high-rise buildings, which are more than 300 meters in length, are being constructed in many countries. These structures act as local landmarks and attract both domestic and foreign enterprises.

Further, the report states that for the efficient performance of the equipment and improved productivity, ongoing support and maintenance are essential. If vendors are unable to provide adequate customer support, it may have serious implications for the company in terms of efficiency and output, affecting the profitability.

Key vendors:

  • Komatsu Ltd.
  • Konecranes plc
  • Liebherr Group
  • Terex

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Cranes and Lifting Equipment