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The mobile crane market size is forecast to increase by USD 10 billion at a CAGR of 7.22% between 2023 and 2028. The market is witnessing significant growth due to the increased infrastructure based development in various sectors such as construction, energy, and manufacturing. This trend is driving the demand for mobile cranes as they offer greater mobility and flexibility compared to traditional cranes. Additionally, the rising use of telematics in mobile cranes is enhancing their operational efficiency and safety. However, the market is also facing challenges from stringent emission norms, which are necessitating the adoption of eco-friendly technologies in mobile cranes. These factors, along with the growing demand for heavy lifting and high-reach applications, are expected to shape the future growth of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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