Autonomous technology has marked its usage in several end-use industries and sectors. Few varieties of heavy equipment, including cranes, used at construction sites are witnessing technological advances. With vast advances in recent years, autonomous cranes are expected to see high potential growth opportunities across multiple end-use verticals, including construction, mining, industrial, and marine.
MARKET DYNAMICS
Autonomous cranes incorporate features such as zoning, internet anti-collision, and remote configuration. A combination of machine learning (ML), artificial intelligence (AI), and computer vision assist all of these features. Thus, with most of the crane cycle being handled automatically, the crane operator's main task is to oversee the process and act only when necessary. Control room operators monitor the motion of the crane via onboard cameras and a remote control station. Remote crane operation enables people to be separated from a potentially hazardous and harsh working environment with large machines and moved to a control room's safety and comfort.
MARKET SCOPE
The "Global Autonomous Cranes Market Analysis To 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The autonomous cranes market report aims to provide an overview of the autonomous cranes market with detailed market segmentation by technology, end user, and geography. The global autonomous cranes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading autonomous cranes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global autonomous cranes market is segmented on the basis of technology and end user. On the basis of technology, the autonomous cranes market is segmented into: Internet of Things (IoT), Computer Vision, Machine Learning, Natural Language Processing, and Others. Based on end user, the autonomous cranes market is segmented into: Building and Construction, Mining and Excavation, Marine and Offshore, Transportation, Oil and Gas, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global autonomous cranes market based on various segments. It also provides autonomous cranes market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The autonomous cranes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the autonomous cranes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the autonomous cranes market in these regions.
MARKET PLAYERS
The reports cover key developments in the autonomous cranes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from autonomous cranes market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the autonomous cranes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the autonomous cranes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Eilbeck Cranes
- Henan Mine Crane
- INTSITE Ltd.
- Konecranes
- Liebherr-International Deutschland GmbH
- Liugong Machinery Co., Ltd.
- Manitex International
- SANY GROUP
- Sumitomo Heavy Industries Construction Cranes Co., Ltd.
- The Manitowoc Company, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.