The Crane Manufacturing industry in China has been growing strongly from revenue of $89.6 billion in 2012 to an estimated $125.3 billion in 2017. Stimulated by the development of key domestic industries and heavy support by the government, industry growth has averaged 6.9% annually over the past five years.The government has made large investmesnt in construction, which boosted industry revenue from 2010 to 2013. The government's economic stimulus package supported the development of many huge projects in a number of downstream industries and sectors, including coal mining, power generation, chemical manufacturing and transportation, which greatly raised domestic demand for industry products over the years that followed...purchase to read more.

Industry Statistics & Market Size
Revenue
$125bn
Annual Growth 12-17
6.9%
Forecast Growth 17-22
Profit
Employment
603,242
Businesses
5,844

Industry Report - Industry Key Buyers Chapter

The Crane Manufacturing industry in China has a low concentration level, with the top four players accounting for an estimated 19.6% of industry revenue in 2016. The main products of the industry are manufactured by a large number of enterprises. Most heavy equipment enterprises manufacture some crane transportation equipment.The concentration level of this industry varies among regions and provinces, with enterprises in East China contributing over 62.5% of total revenue to the industry. Two major players in the industry, Xuzhou Construction Machinery Group and China Communications Construction Co. Ltd., are headquartered in East China...purchase to read more.

Additional Insights for the Crane Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Crane Manufacturing Industry are

  • Establishment of brand names
  • Economies of scale
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Highway, Street, Bridge, Tunnel and Other Heavy Construction and Industry Systems and Technology - Manufacturing in the Crane Manufacturing industry impact industry performance..

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    What's in this report

    What is the Crane Manufacturing Industry?

    The Crane Manufacturing industry manufactures mechanical equipment that loads and unloads materials and cargo or transfers people in factories, warehouses, ports, stations and other places. This includes fixed and movable equipment and those installed on chassis.

    Industry Products
  • Crane machinery
  • Elevators, escalators and moving walkways
  • Special purpose vehicles
  • Small and light crane equipment
  • Continuous handling equipment
  • Other material-handling equipment
  • Industry Activities
  • Manufacturing cranes, lifting machines, pullet tackles, hoists and frames
  • Manufacturing conveyors, skip hoists, elevators, escalators and moving walkways
  • Manufacturing machines designed for loading and unloading cargo
  • Manufacturing vehicles equipped with lifting and handling devices, such as fork-lift trucks and alleyway stackers
  • Manufacturing handling equipment, such as mine wagon pushers and locomotive and wagon traversers
  • Manufacturing airport transportation equipment, such as passenger boarding bridges and luggage conveyors
  • Manufacturing retlated equipment parts and accessories
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Highway, Street, Bridge, Tunnel and Other Heavy Construction
  • Industry Systems and Technology - Manufacturing
  • Domestic Goods Prices - Metals - Steel
  • Manufacturing Exports - Machinery and Equipment

  • Current Performance
    ProfitabilityInternational tradeWages and employment and enterprises
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Crane Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Crane Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Coal Mining
  • Oil & Petroleum Refining
  • Iron and Steel Smelting
  • Ship Building
  • Building Construction
  • Freight Rail Transport
  • Road & Highway Construction
  • Passenger Car Manufacturing

  • Key Selling Industries
  • Electrical and Electronic Component Manufacturing
  • Engine Manufacturing
  • Iron & Steel Casting
  • Metal Fabrication
  • Plastic Parts Manufacturing

  • Products & Services
  • Crane machinery
  • Elevators, escalators and moving walkways
  • Special purpose vehicles
  • Small and light crane equipment
  • Continuous handling equipment
  • Other material-handling equipment
  • Chart: Crane Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Government policy
  • Product quality
  • Investment in construction
  • Product advancements

  • Major Markets
  • Metallurgy sector
  • Coal sector
  • Power sector
  • Petroleum and chemical sectors
  • Transportation sector
  • Shipbuilders
  • Other manufacturing industries
  • Chart: Major Market Segmentation for the Crane Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent and utilities
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Crane Manufacturing

  • Basis of Competition
  • Brand
  • Product and service quality
  • Distribution networks
  • Price
  • Technology

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Crane Manufacturing Industry

  • Industry Globalization
    Sany Group Co., Ltd., Zoomlion Heavy Industry Science & Technology Development Co. Ltd., Xuzhou Construction Machinery Group, China Communications Construction Group Co., Ltd., FuWa Heavy Industry Machinery Co. Ltd.,
  • Table: Sany Group Co., Ltd. - financial performance
  • Table: Zoomlion Heavy Industry Science & Technology Development Co. Ltd. - financial performance
  • Table: Xuzhou Construction Machinery Group - financial performance
  • Table: China Communications Construction Group Co., Ltd. - financial performance
  • Table: FuWa Heavy Industry Machinery Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Crane Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Crane Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Floating Crane
  • Used mainly in bridge building and port construction, they are also used for occasional loading and unloading of especially heavy or awkward loads on and off ships.
  • Jib Crane
  • A type of crane in which a horizontal member (supporting a moveable hoist) is fixed to a wall or to a floor-mounted pillar.
  • Tower Crane
  • A modern form of balance crane, which offers the best combination of height and lifting capacity. Used in the construction of tall buildings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Crane Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Crane Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Crane Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Crane Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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