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Forestry Truck Mounted Cranes: Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2020

Overview:

Forestry truck mounted cranes include different types such as timber cranes for tree length, timber cranes for cut to length and timber Z-cranes. Forestry truck mounted crane is multi-purpose equipment that can be used for various forestry operations from loading to transportation. Manufacturers are focusing on developing truck-mounted cranes used for forestry operations, combined with latest technologies and materials and components of the highest quality. Advanced forestry truck mounted cranes have top lever performance and weight ratio that enhances efficiency and reliability, which in turn increases productivity. The design is based on durability and longer life span, which ensures excellent resale value and uninterrupted operations. The growth in the market is primarily due to rising need for timbers, forestry products and forest biomass.

Forestry operations are getting more and more mechanized now a days. The most important trend is the rapidly shifting demand from traditional truck mounted crane towards premium efficiency truck mounted crane. This is particularly attributed to the international quality assurance programme, safety and practical performances tests, through which each crane goes during production phase.

The demand is increasing for hydraulic in forestry operations now days. Both individual entrepreneurs and individual operators are using hydraulic crane. Inverter drives are expected to become the standard for upcoming truck mounted cranes motions. Radio remote control will replace the traditional truck mounted cranes, which need to operate manually, as the technology is becoming cheaper and safer. End users have also started realizing the value of having truck-mounted cranes with lesser wheel loads and less sophistication and evaluating these specifications before making purchase decisions. With latest technologies and availability of comprehensive equipment and accessories makes it possible to provide tailored product to meet the requirement of each end user.

The global forestry truck mounted cranes market is dominated by North America in 2014. Europe is the second largest regional market for forestry truck mounted cranes. Asia Pacific is expected to see the significant growth in the sale of forestry truck mounted cranes with rising demand for timber from China, Korea, Indonesia and other countries in the region.

The demand for truck-mounted cranes is highly dependent on growth in demand for forestry products, timbers and wood pellets in industries and homes. The market is expected to grow in the future with improving economic conditions and increase in manufacturers' investment in advanced technologies that can be used in manufacturing cranes. In addition, increasing demand for forest biomass in regions such as North America and Europe represent a positive outlook for truck mounted crane manufacturers. Price, quality and reliability are major factors, which influence the truck mounted crane buyers purchasing decision. Therefore, manufacturers have to concentrate on these factors to gain hold in this market. Many manufacturers of truck-mounted crane have strong influence on price and quality and are now looking to strengthen their distribution by forward integration with their trade partners.

The global forestry truck mounted cranes market is segmented on the following bases:

1. Product Type

A. Cut to Length Short Wood
B. Cut to Length Long Wood
C. L Cranes
D. Z Cranes Technology

2. Geography

a. North America

i. US
ii. Rest of North America

b. Europe

i. EU7 (UK, Germany, France, Italy, Spain, Netherlands and Belgium)
ii. CIS
iii. Rest of Europe

c. Asia-Pacific

i. Japan
ii. China
iii. India
iv. Rest of APAC

d. Latin America

e. Middle East and Africa

Key Players Identified for XYZ Market Include but are Not Limited to:

Palfinger Epsilon, Hiab – Cargotec, Kesla Oyj, Altec Inc, V-Kran, Tigercat (Volvo), Velmash

This report offers:

  • An overview of the global markets for forestry truck mounted cranes
  • Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015, and projections through 2022, with respective CAGRS during 2016-2022
  • Qualitative assessment tools such as market drivers, challenges and opportunities
  • Market competition scrutiny tools such as market share analysis, investment analysis, and PESTEL analysis
  • Focus on each level of market segmentation based on product innovation and demand supply
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the forestry truck mounted cranes market
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