Press Release

Global crane sales market expected to reach 856 thousand tons 2017

Date : Nov 12, 2018

In the last several years, global market of Crane Rail developed smoothly, with an average growth rate of 3.69%. In 2017, global sales of Crane Rail are nearly 856 K MT;the actual market size is about 733 million USD.

Since 2016, the price of steel is in increasing trend. Under this situation, the price of crane rail is also in increasing trend. With this trend, the market size of crane rail in 2023 is about 1113 million USD, with sales of 1052 K MT.

Crane Rail is widely used in Industrial Sector, Marine Sector, Logistic Sector, Mining Sector, etc. industrial sector is the largest application with more than half products are used in it.

Asia-Pacific is the largest consumption place, with a consumption market share nearly 50% in 2017. Following Asia-Pacific, North America and Europe are also important consumption place with the consumption market share of 18%.

The Global Crane Rail Market Research Report 2018 report released by we provides a basic overview of the Crane Rail industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Crane Rail industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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