Overview

Left to rust: Reduced manufacturing output and spending on cranes shrink revenue

IBISWorld’s Overhead Crane Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Overhead Crane Manufacturing industry has encountered adverse demand conditions in several key markets over the past five years, while the winding back of the resources boom has further constrained industry revenue. The downward trend of private capital expenditure on machinery and equipment over the past five years has accompanied the decline in output across the Manufacturing division. Demand has been particularly weak from capital-intensive industries such as paper, metal products and automotive manufacturing.

However, demand from the transport and storage markets for industry products has been solid over the past five years, facilitating growth in international trade and warehousing of bulk and merchandise goods...

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What is the Overhead Crane Manufacturing industry?

Overhead Crane Manufacturing industry is in the mature stage of its life cycle. The main factors keeping the industry in the mature stage of its life cycle is the demand for maintenance and upgrade services for existing clients and the strong growth in the flow of goods and hence the demand for overhead cranes through the supply chain. The industry is exposed to minor competition from imports but much of the demand in this industry is for bespoke machinery that is designed, manufactured and installed by industry operators.

Industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to grow marginally at an annualised 0.4% over the five years through 2021-22. Thi...

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Products & Brands

Major products in this industry
Single-girder bridge cranes
Double-girder bridge cranes
Gantry cranes
Jib cranes
Maintenance and service
Examples of brands in this Industry
Demag

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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