Global Crane Wheels Market Growth 2023-2029

Global Crane Wheels Market Growth 2023-2029

The wheel is an important part of the crane, which runs on the track and bears the dead weight and load of the crane. Crane wheel material should have high strength, high hardness and good wear resistance. Crane wheels are the most important parts in crane traveling system which are also the most vulnerable crane parts due to the friction between crane wheels and rail. Therefore, the crane wheels should be replaced when the flange wear, flange breakage and fatigue pitting happened.

LPI (LP Information)' newest research report, the “Crane Wheels Industry Forecast” looks at past sales and reviews total world Crane Wheels sales in 2022, providing a comprehensive analysis by region and market sector of projected Crane Wheels sales for 2023 through 2029. With Crane Wheels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Crane Wheels industry.

This Insight Report provides a comprehensive analysis of the global Crane Wheels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Crane Wheels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Crane Wheels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Crane Wheels and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Crane Wheels.

The global Crane Wheels market size is projected to grow from US$ 68 million in 2022 to US$ 95 million in 2029; it is expected to grow at a CAGR of 95 from 2023 to 2029.

Global key players of crane wheels include Xtek, McKees Rocks Forgings, KARL GEORG, Irwin Car and Equipment, etc. North America is the largest producer of crane wheels holds a share over 38%. In terms of product, 400-750 mm is the largest segment, with a share over 44%. And in terms of application, the largest application is overhead crane, with a share over 52%.

This report presents a comprehensive overview, market shares, and growth opportunities of Crane Wheels market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Below 400 mm
400-750 mm
750-1000 mm
After 1000 mm

Segmentation by application
Overhead Crane
Gantry Crane
Portal Crane
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Xtek
McKees Rocks Forgings
KARL GEORG
Irwin Car and Equipment
SIBRE
DGCRANE
Downs Crane & Hoist
Hydramach Overhead Crane
Cheng Day International Group
Henan Mine
Henan Zoke Crane Co
Henan Yuantai Crane

Key Questions Addressed in this Report

What is the 10-year outlook for the global Crane Wheels market?

What factors are driving Crane Wheels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Crane Wheels market opportunities vary by end market size?

How does Crane Wheels break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.