ConstructionCranes Report

SupplierBusiness

CONTENTS Executive Summary ......................................................................................................................... 5 Introduction .................................................................................................................................... 9 History ............................................................................................................................................ 10 Market description ......................................................................................................................... 12

Economic background ............................................................................................................... 12 Global market ............................................................................................................................. 13

Mobile Cranes ......................................................................................................................... 13 Tower Cranes .......................................................................................................................... 14 Crawler Cranes ........................................................................................................................ 15

Regional markets ........................................................................................................................ 15 China ....................................................................................................................................... 15

Manufacturers ..................................................................................................................... 18 Consequences of growth .................................................................................................... 19 Rental ................................................................................................................................. 20 Exports ............................................................................................................................... 22 Future ................................................................................................................................. 23

North America ....................................................................................................................... 24 Rental ................................................................................................................................. 25

Europe .................................................................................................................................... 25 Japan ....................................................................................................................................... 26 India ....................................................................................................................................... 28 Middle East, Africa, and Latin America ................................................................................ 30

Globalization .............................................................................................................................. 31 Used equipment .........................................................................................................................33 Routes to market ....................................................................................................................... 34

Dealers ................................................................................................................................... 34 Leasing and rental ................................................................................................................. 35 Aftermarket ............................................................................................................................ 36

Refurbishment ........................................................................................................................... 37 The Machines ................................................................................................................................ 39

Basic structure ........................................................................................................................... 39 Kinetics ....................................................................................................................................... 41 Performance............................................................................................................................... 42 Types .......................................................................................................................................... 43

Boom types............................................................................................................................. 43 Crawler cranes ....................................................................................................................... 45 Fixed cranes ........................................................................................................................... 46

Tower cranes ...................................................................................................................... 46 Ring-based cranes .............................................................................................................. 50

Mobile cranes ......................................................................................................................... 52 Boom truck......................................................................................................................... 52 Truck-mounted .................................................................................................................. 53 Truck Crane ....................................................................................................................... 54 Rough-terrain cranes ......................................................................................................... 55 All-terrain cranes ............................................................................................................... 57

Specialty cranes ..................................................................................................................... 58 Crane alternatives .................................................................................................................. 58

Relevant Technologies .............................................................................................................. 58

Construction Cranes Report

© 2011 IHS Inc., Knibb, Gormezano and Partners 3

Information technology ........................................................................................................ 59 Hydraulics .............................................................................................................................. 59 Engines ................................................................................................................................... 60 Benefits................................................................................................................................... 60

Safety ........................................................................................................................................... 61 The Manufacturers ........................................................................................................................ 63

Major manufacturers ................................................................................................................. 63 Liebherr...................................................................................................................................... 64 Manitowoc ................................................................................................................................. 65 Inter-company relationships ..................................................................................................... 67

Industry Future ............................................................................................................................. 69 Economic and governmental factors ........................................................................................ 69 Equipment Trends ..................................................................................................................... 72 Business issues ........................................................................................................................... 73

Company Profiles .......................................................................................................................... 78 Autogru Rigo.......................................................................................................................... 78 Fassi Gru ................................................................................................................................ 79 Furukawa UNIC ...................................................................................................................... 81 Fuwa Heavy Industry Machinery ........................................................................................... 83 Kato Works ............................................................................................................................ 84 Kobelco Cranes ...................................................................................................................... 85 Liebherr.................................................................................................................................. 87 Link-Belt ................................................................................................................................ 89 Manitowoc Cranes ................................................................................................................. 90 PALFINGER ........................................................................................................................... 94 Sennebogen ........................................................................................................................... 97 Tadano ................................................................................................................................... 98 Terex Cranes .......................................................................................................................... 101 Xuzhou Construction Machinery Group ............................................................................. 104 Zoomlion ............................................................................................................................... 106

Construction Cranes Report

© 2011 IHS Inc., Knibb, Gormezano and Partners 4