South Africa Overhead Cranes Market Size & Outlook
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South Africa overhead cranes market highlights
- The South Africa overhead cranes market generated a revenue of USD 31.9 million in 2023 and is expected to reach USD 65.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, bridge cranes was the largest revenue generating type in 2023.
- Gantry Cranes is the most lucrative type segment registering the fastest growth during the forecast period.
Overhead cranes market data book summary
| Market revenue in 2023 | USD 31.9 million |
| Market revenue in 2030 | USD 65.1 million |
| Growth rate | 10.5% (CAGR from 2024 to 2030) |
| Largest segment | Bridge cranes |
| Fastest growing segment | Gantry Cranes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gantry Cranes, Jib Cranes, Bridge Cranes |
| Key market players worldwide | Konecranes Oyj, American Crane Corporation, Henan Dongqi Machinery Co., Aicrane, Weihua Crane, Munck Cranes, Columbus McKinnon, Tri-State Overhead Crane, Hoosier Crane Service Company |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global overhead cranes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia overhead cranes market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 65.1 million by 2030.
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Overhead Cranes Market Scope
Overhead Cranes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoosier Crane Service Company | View profile | 101-250 | Elkhart, Indiana, United States, North America | https://www.hoosiercrane.com/?SID=bd6f6dff8f09c0a6cf6fc4bd8c1ea615 |
| Tri-State Overhead Crane | View profile | 101-250 | St Louis, Missouri, United States, North America | https://www.tsoverheadcrane.com |
| Columbus McKinnon | View profile | 1001-5000 | Amherst, Massachusetts, United States, North America | https://www.cmco.com |
| Munck Cranes | View profile | 101-250 | Krokstad, Troms, Norway, Europe | https://munck-cranes.no |
| Weihua Crane | View profile | 5001-10000 | Changyuan, Henan, China, Asia | https://www.whcranegroup.com |
| Aicrane | View profile | 1001-5000 | Zhengzhou, Henan, China, Asia | https://aicranes.com/ |
| Henan Dongqi Machinery Co. | View profile | 1001-5000 | Zhengzhou, Henan, China, Asia | https://www.cranesdq.com |
| American Crane Corporation | View profile | 51-100 | Wilmington, North Carolina, United States, North America | http://www.americancrane.com |
| Konecranes Oyj | View profile | 16553 | Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 | https://www.konecranes.com |
South Africa overhead cranes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to overhead cranes market will help companies and investors design strategic landscapes.
Bridge cranes was the largest segment with a revenue share of 42.01% in 2023. Horizon Databook has segmented the South Africa overhead cranes market based on gantry cranes, jib cranes, bridge cranes covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa overhead cranes market , including forecasts for subscribers. This country databook contains high-level insights into South Africa overhead cranes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa overhead cranes market size, by lifting capacity, 2018-2030 (US$M)
South Africa Overhead Cranes Market Outlook Share, 2023 & 2030 (US$M)
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