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Synopsis
The global Articulating Knuckle Boom Cranes market size was valued at USD 860.7 million in 2022 and is forecast to a readjusted size of USD 1209.2 million by 2029 with a CAGR of 5.0% during review period.
A knuckle boom crane, (also known as an articulating crane), is a category of truck-mounted equipment used for lifting heavy loads. Knuckle boom cranes are designed to be lightweight and highly maneuverable while still handling heavy loads.
An articulating knuckle boom crane, also known as an articulated crane or knuckle boom crane, is a type of material handling equipment widely used in various industries such as construction, transportation, oil and gas, forestry, and manufacturing. It consists of a multi-section boom that can articulate or bend at different points, enabling it to reach difficult-to-access areas and lift loads with precision and versatility.
Market Drivers:
Versatility and Flexibility: Articulating knuckle boom cranes are highly versatile, capable of reaching over obstacles and around structures, making them suitable for jobs in confined spaces and areas with limited access.
Safety and Efficiency: These cranes offer enhanced safety features, such as load monitoring systems and stability controls, reducing the risk of accidents and improving overall efficiency.
Increasing Construction and Infrastructure Projects: The growth in construction and infrastructure projects worldwide drives the demand for material handling equipment like knuckle boom cranes.
Industrial Expansion: The expansion of industries such as oil and gas, transportation, and manufacturing fuels the need for efficient material handling equipment to streamline operations.
Technological Advancements: Continuous advancements in crane technology, including better hydraulic systems and electronic controls, have improved the performance and capabilities of knuckle boom cranes.
Growing Focus on Eco-friendly Solutions: Many manufacturers are developing eco-friendly and energy-efficient cranes to align with environmental regulations and customer demands.
Market Challenges:
High Initial Cost: Articulating knuckle boom cranes can be more expensive compared to traditional cranes, which could deter some potential buyers.
Intense Competition: The market for material handling equipment, including knuckle boom cranes, is competitive, with numerous players vying for market share.
Economic Factors: Market fluctuations and economic downturns can impact investments in infrastructure and industrial projects, affecting the demand for cranes.
Stringent Regulations: Stringent safety and emissions regulations in various regions might pose challenges to manufacturers and users.
Maintenance and Training: Proper maintenance and operator training are crucial for the safe and efficient operation of knuckle boom cranes, adding to the overall cost.
Market Outlook:
The articulating knuckle boom crane market is expected to continue growing in the coming years, driven by increasing infrastructure developments, industrial expansion, and the need for more flexible and efficient material handling solutions.
Technological advancements will likely enhance the cranes' capabilities further, attracting new customers and applications.
Moreover, as environmental concerns and regulations persist, manufacturers are likely to focus on developing more sustainable and eco-friendly crane solutions to meet market demands and comply with environmental standards.
The Global Info Research report includes an overview of the development of the Articulating Knuckle Boom Cranes industry chain, the market status of Construction (Less Than 5 Tm, 5 Tm to 15 Tm), Transport & Marine (Less Than 5 Tm, 5 Tm to 15 Tm), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Articulating Knuckle Boom Cranes.
Regionally, the report analyzes the Articulating Knuckle Boom Cranes markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Articulating Knuckle Boom Cranes market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Articulating Knuckle Boom Cranes market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Articulating Knuckle Boom Cranes industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Less Than 5 Tm, 5 Tm to 15 Tm).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Articulating Knuckle Boom Cranes market.
Regional Analysis: The report involves examining the Articulating Knuckle Boom Cranes market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Articulating Knuckle Boom Cranes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Articulating Knuckle Boom Cranes:
Company Analysis: Report covers individual Articulating Knuckle Boom Cranes manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Articulating Knuckle Boom Cranes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Transport & Marine).
Technology Analysis: Report covers specific technologies relevant to Articulating Knuckle Boom Cranes. It assesses the current state, advancements, and potential future developments in Articulating Knuckle Boom Cranes areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Articulating Knuckle Boom Cranes market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Articulating Knuckle Boom Cranes market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Market segment by Application
Major players covered
Market segment by region, regional analysis covers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Articulating Knuckle Boom Cranes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Articulating Knuckle Boom Cranes, with price, sales, revenue and global market share of Articulating Knuckle Boom Cranes from 2018 to 2023.
Chapter 3, the Articulating Knuckle Boom Cranes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Articulating Knuckle Boom Cranes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Articulating Knuckle Boom Cranes market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Articulating Knuckle Boom Cranes.
Chapter 14 and 15, to describe Articulating Knuckle Boom Cranes sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Articulating Knuckle Boom Cranes
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Articulating Knuckle Boom Cranes Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Less Than 5 Tm
1.3.3 5 Tm to 15 Tm
1.3.4 15.1 Tm to 25 Tm
1.3.5 25.1 Tm to 50 Tm
1.3.6 Over 50 Tm
1.4 Market Analysis by Application
1.4.1 Overview: Global Articulating Knuckle Boom Cranes Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Construction
1.4.3 Transport & Marine
1.4.4 Industrial
1.4.5 Forestry and Agriculture
1.4.6 Others
1.5 Global Articulating Knuckle Boom Cranes Market Size & Forecast
1.5.1 Global Articulating Knuckle Boom Cranes Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Articulating Knuckle Boom Cranes Sales Quantity (2018-2029)
1.5.3 Global Articulating Knuckle Boom Cranes Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Hiab (Cargotec)
2.1.1 Hiab (Cargotec) Details
2.1.2 Hiab (Cargotec) Major Business
2.1.3 Hiab (Cargotec) Articulating Knuckle Boom Cranes Product and Services
2.1.4 Hiab (Cargotec) Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Hiab (Cargotec) Recent Developments/Updates
2.2 Palfinger
2.2.1 Palfinger Details
2.2.2 Palfinger Major Business
2.2.3 Palfinger Articulating Knuckle Boom Cranes Product and Services
2.2.4 Palfinger Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Palfinger Recent Developments/Updates
2.3 Huisman
2.3.1 Huisman Details
2.3.2 Huisman Major Business
2.3.3 Huisman Articulating Knuckle Boom Cranes Product and Services
2.3.4 Huisman Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Huisman Recent Developments/Updates
2.4 Fassi
2.4.1 Fassi Details
2.4.2 Fassi Major Business
2.4.3 Fassi Articulating Knuckle Boom Cranes Product and Services
2.4.4 Fassi Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Fassi Recent Developments/Updates
2.5 Iowa Mold Tooling Co., Inc. (IMT)
2.5.1 Iowa Mold Tooling Co., Inc. (IMT) Details
2.5.2 Iowa Mold Tooling Co., Inc. (IMT) Major Business
2.5.3 Iowa Mold Tooling Co., Inc. (IMT) Articulating Knuckle Boom Cranes Product and Services
2.5.4 Iowa Mold Tooling Co., Inc. (IMT) Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Iowa Mold Tooling Co., Inc. (IMT) Recent Developments/Updates
2.6 HMF
2.6.1 HMF Details
2.6.2 HMF Major Business
2.6.3 HMF Articulating Knuckle Boom Cranes Product and Services
2.6.4 HMF Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 HMF Recent Developments/Updates
2.7 Tadano
2.7.1 Tadano Details
2.7.2 Tadano Major Business
2.7.3 Tadano Articulating Knuckle Boom Cranes Product and Services
2.7.4 Tadano Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Tadano Recent Developments/Updates
2.8 ATLAS
2.8.1 ATLAS Details
2.8.2 ATLAS Major Business
2.8.3 ATLAS Articulating Knuckle Boom Cranes Product and Services
2.8.4 ATLAS Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 ATLAS Recent Developments/Updates
2.9 Manitex
2.9.1 Manitex Details
2.9.2 Manitex Major Business
2.9.3 Manitex Articulating Knuckle Boom Cranes Product and Services
2.9.4 Manitex Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Manitex Recent Developments/Updates
2.10 Cormach
2.10.1 Cormach Details
2.10.2 Cormach Major Business
2.10.3 Cormach Articulating Knuckle Boom Cranes Product and Services
2.10.4 Cormach Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Cormach Recent Developments/Updates
2.11 Heila Cranes
2.11.1 Heila Cranes Details
2.11.2 Heila Cranes Major Business
2.11.3 Heila Cranes Articulating Knuckle Boom Cranes Product and Services
2.11.4 Heila Cranes Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Heila Cranes Recent Developments/Updates
2.12 Kenz Figee Group
2.12.1 Kenz Figee Group Details
2.12.2 Kenz Figee Group Major Business
2.12.3 Kenz Figee Group Articulating Knuckle Boom Cranes Product and Services
2.12.4 Kenz Figee Group Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Kenz Figee Group Recent Developments/Updates
2.13 Hyva Group
2.13.1 Hyva Group Details
2.13.2 Hyva Group Major Business
2.13.3 Hyva Group Articulating Knuckle Boom Cranes Product and Services
2.13.4 Hyva Group Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Hyva Group Recent Developments/Updates
2.14 COPMA (CPS GROUP)
2.14.1 COPMA (CPS GROUP) Details
2.14.2 COPMA (CPS GROUP) Major Business
2.14.3 COPMA (CPS GROUP) Articulating Knuckle Boom Cranes Product and Services
2.14.4 COPMA (CPS GROUP) Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 COPMA (CPS GROUP) Recent Developments/Updates
2.15 Furukawa
2.15.1 Furukawa Details
2.15.2 Furukawa Major Business
2.15.3 Furukawa Articulating Knuckle Boom Cranes Product and Services
2.15.4 Furukawa Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Furukawa Recent Developments/Updates
2.16 SANY Group
2.16.1 SANY Group Details
2.16.2 SANY Group Major Business
2.16.3 SANY Group Articulating Knuckle Boom Cranes Product and Services
2.16.4 SANY Group Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 SANY Group Recent Developments/Updates
2.17 SMST
2.17.1 SMST Details
2.17.2 SMST Major Business
2.17.3 SMST Articulating Knuckle Boom Cranes Product and Services
2.17.4 SMST Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 SMST Recent Developments/Updates
2.18 XCMG
2.18.1 XCMG Details
2.18.2 XCMG Major Business
2.18.3 XCMG Articulating Knuckle Boom Cranes Product and Services
2.18.4 XCMG Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.18.5 XCMG Recent Developments/Updates
2.19 JOMAC
2.19.1 JOMAC Details
2.19.2 JOMAC Major Business
2.19.3 JOMAC Articulating Knuckle Boom Cranes Product and Services
2.19.4 JOMAC Articulating Knuckle Boom Cranes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.19.5 JOMAC Recent Developments/Updates
3 Competitive Environment: Articulating Knuckle Boom Cranes by Manufacturer
3.1 Global Articulating Knuckle Boom Cranes Sales Quantity by Manufacturer (2018-2023)
3.2 Global Articulating Knuckle Boom Cranes Revenue by Manufacturer (2018-2023)
3.3 Global Articulating Knuckle Boom Cranes Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Articulating Knuckle Boom Cranes by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Articulating Knuckle Boom Cranes Manufacturer Market Share in 2022
3.4.2 Top 6 Articulating Knuckle Boom Cranes Manufacturer Market Share in 2022
3.5 Articulating Knuckle Boom Cranes Market: Overall Company Footprint Analysis
3.5.1 Articulating Knuckle Boom Cranes Market: Region Footprint
3.5.2 Articulating Knuckle Boom Cranes Market: Company Product Type Footprint
3.5.3 Articulating Knuckle Boom Cranes Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Articulating Knuckle Boom Cranes Market Size by Region
4.1.1 Global Articulating Knuckle Boom Cranes Sales Quantity by Region (2018-2029)
4.1.2 Global Articulating Knuckle Boom Cranes Consumption Value by Region (2018-2029)
4.1.3 Global Articulating Knuckle Boom Cranes Average Price by Region (2018-2029)
4.2 North America Articulating Knuckle Boom Cranes Consumption Value (2018-2029)
4.3 Europe Articulating Knuckle Boom Cranes Consumption Value (2018-2029)
4.4 Asia-Pacific Articulating Knuckle Boom Cranes Consumption Value (2018-2029)
4.5 South America Articulating Knuckle Boom Cranes Consumption Value (2018-2029)
4.6 Middle East and Africa Articulating Knuckle Boom Cranes Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
5.2 Global Articulating Knuckle Boom Cranes Consumption Value by Type (2018-2029)
5.3 Global Articulating Knuckle Boom Cranes Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
6.2 Global Articulating Knuckle Boom Cranes Consumption Value by Application (2018-2029)
6.3 Global Articulating Knuckle Boom Cranes Average Price by Application (2018-2029)
7 North America
7.1 North America Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
7.2 North America Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
7.3 North America Articulating Knuckle Boom Cranes Market Size by Country
7.3.1 North America Articulating Knuckle Boom Cranes Sales Quantity by Country (2018-2029)
7.3.2 North America Articulating Knuckle Boom Cranes Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
8.2 Europe Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
8.3 Europe Articulating Knuckle Boom Cranes Market Size by Country
8.3.1 Europe Articulating Knuckle Boom Cranes Sales Quantity by Country (2018-2029)
8.3.2 Europe Articulating Knuckle Boom Cranes Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Articulating Knuckle Boom Cranes Market Size by Region
9.3.1 Asia-Pacific Articulating Knuckle Boom Cranes Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Articulating Knuckle Boom Cranes Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
10.2 South America Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
10.3 South America Articulating Knuckle Boom Cranes Market Size by Country
10.3.1 South America Articulating Knuckle Boom Cranes Sales Quantity by Country (2018-2029)
10.3.2 South America Articulating Knuckle Boom Cranes Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Articulating Knuckle Boom Cranes Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Articulating Knuckle Boom Cranes Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Articulating Knuckle Boom Cranes Market Size by Country
11.3.1 Middle East & Africa Articulating Knuckle Boom Cranes Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Articulating Knuckle Boom Cranes Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Articulating Knuckle Boom Cranes Market Drivers
12.2 Articulating Knuckle Boom Cranes Market Restraints
12.3 Articulating Knuckle Boom Cranes Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Articulating Knuckle Boom Cranes and Key Manufacturers
13.2 Manufacturing Costs Percentage of Articulating Knuckle Boom Cranes
13.3 Articulating Knuckle Boom Cranes Production Process
13.4 Articulating Knuckle Boom Cranes Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Articulating Knuckle Boom Cranes Typical Distributors
14.3 Articulating Knuckle Boom Cranes Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch