Emerging economies stimulate global cranes to continue to grow in the future       

In recent years, and gradually out of the economic crisis, the construction market is beginning to recover, push the big emerging markets demand, the global crane market in the next few years will continue to grow. According to the analysis, the growth of the crane market is mainly in the United States, Europe, the Middle East, Africa and the Asia Pacific region. The role of emerging economies, emerging economies Chinese, India and Africa is to carry out large-scale infrastructure construction, these countries increasingly love new machinery using high efficiency.

Crane market is an important part of the construction market, but the construction market has declined in the past ten years, but in recent years, the performance has rebounded. Hugo from the foreign media "digital daily" to understand, TechNavio analysts predict that in 2013 -2018, the global crane market compound annual growth rate will reach 7.29%.

Driven by the growth of the market, crane manufacturers have launched technological innovations and launched a series of efficient products with better control systems. For example, many cranes now have the VFD system, which allows the driver to use the alternating current motor to control the speed of rotation.

Street Insider report shows that China is a leader in the lifting equipment market in many markets. As China's labor costs rise, the industrialization process continues to advance, foreign trade is increasingly frequent, so the demand for equipment is also increasing.

In addition, Africa's Garner and Kenya in the whole large-scale infrastructure construction, Luqiao construction and housing construction in urgent need of all types of cranes, in addition, South Africa, Garner and other rich in mineral resources, mining mineral also need all kinds of mining machinery.

In South Africa, after hundreds of years of mining, the deepest gold mines around Johannesburg have been hollowed out. But those piles of scrap slag still contain gold. A newly developed extraction technology, carbon leaching, is increasingly being used to extract gold from the mountains of slag around the city. This provides an opportunity for the crane industry. Carbon steel water extraction work to build a high 25m, wide 30m, with heavy duty pumps and mixers, in addition the work site also need long-term operation of crane.

Link Reporter analysis shows that the most popular cranes in the global market include mobile cranes, port cranes, cranes and so on.

There is a proverb in Africa: "the river has its source, and the water is deep."." It is because of such a huge crane market demand, to stimulate the hoisting machinery and lifting machinery manufacturing continuously, also will bring sufficient power for global economic construction.