$155.8bn
$XX.Xbn
681k
3,919
$X.Xbn
The Crane Manufacturing industry in China has performed well over the past five years. Industry performance has been boosted by the development of key domestic industries and heavy support by the government. Industry revenue is expected to grow at an annualized 2.4% over the five years through 2022, to total $155.8 billion. This trend includes expected grow of 2.4% in the current year.
Industry revenue has grown at a CAGR of 2.4% over the past five years, to reach an estimated $155.8bn in 2023.
Company
2022 | Market Share (%)
2022 | Revenue ($m)
2022 | Profit ($m)
2022 | Profit Margin (%)
2022 |
---|---|---|---|---|
Sany Group Co., Ltd. | ||||
Zoomlion Heavy Industry Science & Technology Development Co. Ltd. | ||||
Xuzhou Construction Machinery Group |
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Industry revenue is measured across several distinct product and services lines, including Crane machinery, Elevators, escalators and moving walkways and Special purpose vehicles. Crane machinery is the largest segment of the Crane Manufacturing in China.
<B>Crane machinery</B>
The Crane Manufacturing industry in China has performed well over the past five years. Industry performance has been boosted by the development of key domestic industries and heavy support by the government. Industry revenue is expected to grow at an annualized 2.4% over the five years through 2022, to total $155.8 billion. This trend includes expected grow of 2.4% in the current year.
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3530 - Crane Manufacturing in China
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Downstream Demand - Highway, Street, Bridge, Tunnel and Other Heavy Construction. The government and businesses are making more investments into heavy construction and infrast...
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<B>Crane machinery</B>
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Industry operations are mainly located in Jiangsu, Shanghai, Zhejiang and Henan. These provinces accounted for about 57.0% of industry revenue in 2022.
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Establishment of brand names. Well-established brands can improve customer loyalty and confidence in products. Increased brand awareness can also attract more customers.
Learn about the performance of the top companies in the industry.
Sany Group, founded in 1989, is a private enterprise that mainly manufactures construction equipment, including crane equipment. The company's crawler crane dominates the dome...
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<B>Regulations on Permission for Manufacturing Crane Equipment</B>
Including values and annual change:
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The market size of the Crane Manufacturing industry in China is $155.8bn in 2023.
There are 3,919 businesses in the Crane Manufacturing industry in China, which has declined at a CAGR of 3.1% between 2018 and 2023.
The market size of the Crane Manufacturing industry in China has been at a CAGR of 2.4% between 2018 and 2023.
The Crane Manufacturing in China market is forecast to over the five years from 2023 to 2028
The biggest companies operating in the Crane Manufacturing market in China are Sany Group Co., Ltd., Zoomlion Heavy Industry Science & Technology Development Co. Ltd. and Xuzhou Construction Machinery Group
Manufacturing cranes, lifting machines, pullet tackles, hoists and frames and Manufacturing conveyors, skip hoists, elevators, escalators and moving walkways are part of the Crane Manufacturing industry.
The company holding the most market share in China is Sany Group Co., Ltd..
There are 681k employed in the Crane Manufacturing industry in China 2023.