Truck Cranes Market : A View of the Current State and Future Outlook

The truck cranes market is expected to grow from an estimated USD 16.2 billion in 2024 to USD 34.6 billion in 2033, at a CAGR of 8.8%. Rapid advancements in technology are driving the crane truck and truck crane markets. Innovations in automation, telematics, and new material designs are speeding up safety and efficiency improvements with an increase in load handling capacity. The most innovative features such as advanced control systems, remote monitoring, and the incorporation of AI-based predictive maintenance tools allow higher uptime with lower operational costs. The latest Truck Cranes Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 – 2033 . The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the...