© 2017 Global Market Insights, Inc. USA. All Rights Reserved Crane Market Growth, Application Analysis from 2017 to 2024

Global Market Scenario of Crane Market  Raimondi Cranes’ latest launch of luffing jib crane is symptomatic of the relentless efforts undertaken by crane market giants to be placed at a higher notch over their contemporaries.  Given the dynamically charged intense share battle in the competitive landscape, companies have been feverishly focusing on expanding their product portfolio to stronghold their business position, as depicted from Raimondi’s new flagship crane.  Dubbed as LR330, this new luffing jib crane, is claimed to be equipped with an equilateral triangular jib of a maximum length of 60 meter and weight carrying capacity of kg.  Sources have also categorically stated that the Raimondi’s new luffing crane range has been specifically designed to reduce the impact of wind on the jib, thereby ensuring efficient transportation. © 2017 Global Market Insights, Inc. USA. All Rights Reserved

 Furthermore, the equiangular triangular jib design would also enhance numerous other operational aspects of the machine as well, cite sources.  While Raimondi already holds a strong position in global crane market with a history of one and half century, the launch of LR330 would undoubtedly prove to be a milestone in its journey. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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 The oil & gas sector is unquestionably a lucrative application arena for crane industry. Tower cranes are extensively deployed in offshore as well as onshore oil rig sites pertaining to applications such as drill pipe lifting, casting, maintenance equipment lifting from ships and the like. The ascent in demand can be credited to the product’s exclusive feature of operating even in severe weather conditions, in addition ensuring easy moving of heavy materials across the oil platforms. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Competitive Analysis:  Speaking of its commercialization potential at a global scale, crane market size is forecast to exceed a valuation of USD 20 billion by Despite the appreciable growth prospect, high capital investment and maintenance cost associated with the equipment are perhaps two of the major challenges that crane industry players are presently dealing with. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This

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