The global crane market reached a value of around US$ 40.4 Billion in 2017. The market is further expected to reach a value of US$ 52.4 Billion by 2023, exhibiting a CAGR of around 4% during 2018-2023. A crane represents a category of construction machine that is used to move the loads horizontally. It is equipped with a hoist rope, wire ropes and sheaves, ... Read more
