Mobile Crane Market in Indonesia to Grow at a CAGR of 19% over the Period 2014-2019, Finds New Report
Market Research Reports, Inc. has announced the addition of “Mobile Crane Market in Indonesia 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 03/24/2015 --Report forecast the Mobile Crane market in Indonesia to grow at a CAGR of 19 percent over the period 2014-2019.
Mobile cranes are cable-controlled or hydraulic-powered cranes, mounted on a rubber-tired or crawler carrier. They are designed to lift and transport various types of loads. These cranes can be powered by electric motors or internal combustion engines.
According to the report, one of the major drivers of this market is the rapid growth of the construction industry. There has been a significant rise in the number of construction projects in the country and this has escalated the demand for mobile cranes.
Further, the report states that the high costs of mobile cranes are one of the key challenges for the market. The manufacture of mobile cranes requires high initial investment. With the increase in the cost of raw materials, the manufacturing cost of mobile cranes has also increased, leading to a lowering of profit margins for manufacturers.
This report covers the present scenario and the growth prospects of the Mobile Crane market in Indonesia for the period 2015-2019. The report includes the historical data of revenue generated from the sales of mobile cranes in the Construction Equipment industry in Indonesia. The performance of the Mobile Crane market in Indonesia for the period 2015-2019 is forecast with the help of predicted CAGR after analyzing the current conditions in the market. In addition, a detailed breakup of revenue generated from production, import, and export of mobile cranes is provided in this report. In addition, the report discusses the major drivers that influence the growth of the market, the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Key players in the Mobile Crane Market in Indonesia: Kobelco Construction Machinery Co. Ltd., TADANO Ltd. and Terex Corp.
Other Prominent Vendors in the market are: IHI Construction Machinery and KATO Works.
Market Driver
- Rapid Growth of Construction Industry
- For a full, detailed list, view our report
Market Challenge
- High Price of Mobile Cranes
- For a full, detailed list, view our report
Market Trend
- Emergence of Crane Rentals
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages "Mobile Crane Market in Indonesia 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Revenue and Outlay, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/mobile-crane-market-indonesia-2015-2019
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