18 November 2019

Cranes- Towers & Mobile

Rising Tall

 

 

The changing dynamics of India has created the need for cranes in mining, infrastructure, automotive, construction and other industries. These machines are commonly used to load and unload freight, move building materials, assemble heavy equipment, etc. Naturally, any kind of industrial growth and expansion will spike demand for cranes. With the government promising to increase spending on infrastructure projects, the crane manufacturers are all set to exploit the market potential writes R Kashyap.

 

 

There are many types of cranes depending on their use. They include mobile cranes, truck-mounted crane, side lift crane, rough terrain cranes, all terrain crane, crawler crane, aerial crane, fixed crane, tower crane, hammerhead crane, overhead crane, deck crane, jib crane, bulk-handling cranes et al. The demand in the Indian industry has now shifted from simple mechanical handling of loads to complex processes and more automated equipment. The industrial cranes and intra-logistics industry has seen strong demand from infrastructure, energy, steel and automotive segments. Other than automotive, all other segments attracted investments even during the slowdown of 2008-09 and thus helped most material handling companies sustain the top-line.

 

This industry is highly fragmented with many small and regional manufacturers; e.g. the industrial cranes segment has more than 100 players in the country with top five companies having an aggregate market share of 50 per cent. The increasing need of sophistication coupled with expectation of higher growth rates has made India an interesting market for many multinational companies; this will also change the industry structure in medium run.

 

Growing infrastructure transformation & construction activities and the resultant utilization of equipment for lifting heavy loads are accelerating the tower crane market growth. The industry is witnessing several technical advancements, which include the integration of Internal Combustion Engines (ICE), electric motors, or hydraulic systems. All these transformations increase machine efficiency and offer productivity in the application industries. ICEs and electric engines fulfill low carbon emission specifications required in construction, mining, and utility sectors.

 

Increasing customer & manufacturer focus on utilizing eco-friendly equipment & reducing the pollution levels, mainly from the construction activities globally, is supporting the market expansion at a rapid pace. A major factor hindering the tower crane market is the high price associated with purchase, installation, erection, and dismantling of these machines. Contractors require mobile cranes for erection & installation activities, increasing their operational costs.

 

Today, hoists and cranes have grown to be devices far more sophisticated in nature and have been playing an instrumental role in simplifying the works for the manufacturing, mining, infrastructure, automotive and construction industries. It is a known fact that numerous industries and mainly the manufacturing, mining and construction sectors are always looking out for effective equipment for lifting or lowering the heavy loads at challenging destinations. It is due to equipment such as hoist and cranes that there is a significant reduction in the human efforts and processing time. Also, most importantly, the output has been increased.

 

 

 

Global Tower Crane Market

 

Global Tower Crane Market size is set to exceed $5.5 billion by 2025; according to a new research report by Global Market Insights, Inc. The global shipments are anticipated to grow at 9% CAGR from 2019 to 2025.

 

Increasing investment by governments as well as infrastructure companies is the major driving factor for increasing demand for mobile and tower cranes. Moreover, there is an increase in demand for high capacity lifting for greater height application which is contributing in the growth of mobile and tower cranes market. The global mobile and tower cranes market was valued at US$ 23,033.8 Mn in 2016 and is forecast to expand at a CAGR of 3.5 per cent in 2017 to 2025, reaching a value of US$ 31,240.6 Mn in 2025.

 

 

 

Technological advancement

 

Modern cranes are engineering marvels that are intelligent, energy saving and even modular. They are also very compact making it much easier to navigate them through narrow spaces. In advanced countries like the US, the new-age cranes used are intelligent enough not only to detect early faults but they also communicate the same to the operator. These machines are also capable of suggesting preventive service actions that allow businesses to take smart maintenance decisions. Such health checks automatically lengthen durability and lifespan of the products. Furthermore, the environmentally-conscious green nations in the West have devised cranes that are made using recycled materials.

 

 

 

Factors leading the change in trend

 

The spurt of growth in urban India in the recent past has resulted in acute shortage of land necessitating vertical high-rise construction as well as making flyovers and bridges. Besides such rapid pace of construction, there are industrial needs where high-capacity machineries are needed. With changing demands of the customers in India, the crane industry too has evolved over time. From mere lifters of heavy load in its earlier avatars, it has now become synonymous with construction activities in modern India as well as worldwide. Most of the outdated equipment found a decade ago have been replaced by high-tech cranes, which can be pressed into service as and when the need arises.

 

While demand for infrastructure projects has spurred the demand for Industrial Cranes, the realty sector needs have led to the growth of Tower Cranes. The demand for Industrial Cranes primarily thrives on infrastructure projects pertaining to construction and power. It also finds takers in steel and automobile companies.

 

 

We have launched unique all steer 85-ton truck crane QYKA85_Y in India and a well differentiated 85-ton crawler crane XGC85 with free fall functionality. We have also introduced 350 ton all terrain crane for metro/ wind mill application, 220 ton all terrain crane for erection jobs. In the near future, we plan to launch 450 ton all terrain crane for metro and wind turbine erection requirements. Market shall also experience XCMG’s new 60 ton and 80-ton truck cranes in the fast moving segment of the market. We are planning to launch 18-ton tower crane to cater requirements between 16 ton and 25 ton tower cranes. V. G. Sakthikumar, MD, Schwing Stetter India PVT LTD, Convenor for Membership committee, ICEMA, Chairman of Mechanisation committee, BAI

 

 

 

 

Rental arena

 

Renting of cranes by developers and contractors is yet another practice in place. This saves the hirers the trouble of owning and maintaining a fleet of cranes. The rental market is in its very early stage, and most of the demand is concentrated around Tower Cranes. In Europe, the rental business contributes about 60-70 per cent of the equipment market.

 

In the coming years, revenues from rentals are expected to play a vital role for the companies in this sector. Interestingly, the new age customer is also aware of the advanced technology and would usually go through all the specifications to ensure adequate reliability and safety. Crane care too is catching the attention of the client. It includes ease of maintenance and after-sales services.

 

 

 

Mobile Crane Market

 

The global mobile crane market is estimated to grow at a CAGR of 2.16% during the forecast period 2017 - 2025 and accounts for US$ 9.82Bn in the year 2025. Bharat Book Bureau announces the addition of the report “Mobile Crane Market to 2025 - Global Analysis and Forecasts by Crane Type (Truck Cranes, All-Terrain Cranes, Rough Terrain Cranes, Crawler Cranes and Others); and Application (Construction, Oil & Gas, Shipping & Port Building, Power & Utilities and Others)” to its offering.

 

The constantly growing population has resulted in increased investments in the infrastructure and construction sector of various economies. Also, government initiatives for up gradation of existing infrastructure of the developed economies has resulted in increased demand for heavy construction machinery. Mobile cranes are extensively used in various applications including construction, oil & gas, shipping, etc. Furthermore, increased investments in the construction of power plants has also influenced the market growth particularly, in developing nations.

 

APAC with large number of emerging countries along with high rate of industrializing and growing urbanization is leading the mobile crane market. Europe market stood at the second largest market for mobile cranes owing to increasing investments in renewable energy application. Also, mobile crane rental market in Europe contributes a large market share. However, market in North America and Middle East is saturated from past few years owing to declining oil & gas industry.

 

 

 

Changing trends

 

Globally, every market is different from the other. For example, China is a large user of truck cranes and not so much of RT slewing cranes whereas Europe is a large user of all- terrain cranes. Similarly, India is a large user of pick and carry cranes. It all depends on local cost structure, work methods and familiarity of a particular technology platform in a specific market.

 

The Indian crane market has been dominated by pick and carry cranes because of the familiarity of the concept and the very fact that these cranes provide a cost- effective and versatile lifting solution. However, the fast changing dynamics, on account of a scaling up of the projects and heightened emphasis on safety, are opening up opportunities for technologically upgraded solutions such as telescoping slewing cranes of yard, rough terrain, truck and all terrain variety. But the perspective of usage, pick and carry cranes and truck cranes/slewing cranes cater to different application domains and both types remain mutually exclusive to each other. Therefore, while the market for truck cranes is growing, and will continue to do so, it will not happen at the cost of pick and carry cranes as applications are different.

 

 

 

Liebherr mobile cranes are known for their high safety standards worldwide. We  being the pioneer in manufacturing all terrain cranes and crawler cranes, with the high grade of safety modules for decades, and set a trend in the industry which is now being followed by all the major crane manufacturers. We were the Torch bearer, in establishing the standard EN13000 especially pertaining to the safety norms for the all-terrain cranes, worldwide. Especially the deletion of the override switch from the crane is the biggest achievement in the industry, which makes the all-terrain cranes safer, as there are no changes of overriding the safety system in the crane as per the newest norms in the standard EN13000. SUBHAJIT CHANDRA, DIVISIONAL HEAD- MOBILE CRANE DIVISION, LIEBHERR INDIA PRIVATE LIMITED

 

 

 

We continue to be No: 1 Tower Crane Supplier in the Pre- Cast building Industry in India with a total population of over 200 tower cranes within a span of 5 years. All these Flat top tower cranes have inbuilt Anti Collision Systems with safe load indicators (SLI) to attain highest safety standards. All are proven in the industry for high reliability with very economical price. We have achieved high operational accuracy, which is very necessary in Pre-Cast to avoid any hit during placement of Pre - Cast segments. Since these cranes are of flattop type, the installation & dismantling are very quick. The mast sections are of pin type connection reduces the installation and Dismantling time as well as increase the rigidity of the vertical structure with much reduced bending moment. PV RAMDEV, MD, EVEREST ENGINEERING EQUIPMENT PVT LTD

 

 

 

 

Path Ahead

 

As the Indian market expands on the back of a rising tall building population and major infra projects, in addition to urban infra (especially road, rail and metro rail infra seeing a rapid buildup), the demand for all kinds of cranes is poised to rise rapidly. However the buyer has become very discerning and is now focused on the Total Cost of Ownership (TCO) rather than the initial cost. The Indian market for cranes is maturing up to global norms and only OEMs who can balance the cost-quality equation will garner maximum market share. Also there’s plenty of potential for this segment to contribute to Make in India campaign since many of these companies are exporting and have emerged global players.

 

 

Conclusion

 

After taking a heavy beating, the Indian economy looks to be on the path to recovery. The industry is witnessing some early signs of a turnaround in the economy and there are high hopes that this stream of recovery will eventually turn into a torrent of growth. Presently, there has been a rise in the levels of enquiries from different industry sectors. The times are changing and the market is set for a massive change, which is certain.

 

 

 

 

 

 

 

 

 

 




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