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Knuckle boom cranes are an amazing piece of engineering technology. Also called a loader crane, articulating crane, and a picker crane, the knuckle boom crane has changed the way people load and offload in a variety of industries. It looks similar to the traditional straight boom crane, but the knuckle boom crane has two booms; a main boom and an outer boom. These two booms have a knuckle between them, which allows more options for the loader crane operator.
For the loading and unloading of heavy cargo and machinery in restricted spaces, the knuckle boom loader crane has no equal. This kind of crane has proven to be very useful in Europe, where truck size restrictions are stricter, and roads are narrower than North America. However, it is also gaining more popularity in other parts of the world. These types of cranes have been particularly utilized in the transport, construction, forestry, mining, marine, and petroleum industries. They may be small and easier to use in constricted spaces, but that does not make them any less effective because they can be used to lift cargo of up to and exceeding 60 tons. The knuckleboom can even be outfitted with a winch for additional lifting options.
According to our (Global Info Research) latest study, the global Knuckle Boom Crane market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report is a detailed and comprehensive analysis for global Knuckle Boom Crane market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Knuckle Boom Crane market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Knuckle Boom Crane market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Knuckle Boom Crane market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Knuckle Boom Crane market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Knuckle Boom Crane
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Knuckle Boom Crane market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hiab (Cargotec), Fassi, Palfinger, Manitex and Ferrari, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Knuckle Boom Crane 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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Small Boom Range
- Medium Boom Range
- Large Boom Range
Market segment by Application
- Construction
- Transport
- Marine
- Industrial
- Other
Major players covered
- Hiab (Cargotec)
- Fassi
- Palfinger
- Manitex
- Ferrari
- Amco Veba
- Heila Cranes
- ATLAS Group
- Copma Cranes
- HMF
- Cormach
- Iowa Mold Tooling Co., Inc. (IMT)
- MKG Maschinen- und Kranvertrieb GmbH
- Pesci Cranes
- SMST
- Kenz Figee Group
- Hawboldt Industries (Timberland)
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Knuckle Boom Crane product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Knuckle Boom Crane, with price, sales, revenue and global market share of Knuckle Boom Crane from 2018 to 2023.
Chapter 3, the Knuckle Boom Crane competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Knuckle Boom Crane 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 Knuckle Boom Crane 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 Knuckle Boom Crane.
Chapter 14 and 15, to describe Knuckle Boom Crane sales channel, distributors, customers, research findings and conclusion.