Truck Cranes Market : Opportunities for Investment and Mergers & Acquisitions

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 research report by Emergen Research, named ‘Global Truck Cranes Market - Forecast to 2033. The coronavirus outbreak has led to drastic changes in the current Truck Cranes Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its ...