Truck Cranes Market Analysis

Lucrative Prospects Across Truck Cranes Market Expected to Push Global Sales, reports Fact.MR Study

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According to Fact.MR, the truck cranes market is foreseen to register volume sales of over 9,300 Units in 2018, up by370 units in 2017. Overall growth of the market can be attributed to,

  • Increasing investments in infrastructure-oriented development
  • Buoyancy in utilities and power distribution sectors where truck cranes find significant application
  • OEMs’ efforts to expand truck crane product portfolio with enhanced operational efficiency

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While demand for construction and heavy-duty equipment remains perennial, Fact.MR says that divergent applications of truck cranes across industry verticals are likely to maintain the sustainability of truck cranes market in the future.

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