Press Releases
Electric Overhead Traveling (EOT) Cranes Market – Assessment, Customer Research, Insight

, 6 August 2018 -- Electric Overhead Traveling (EOT) Cranes Market – Assessment, Customer Research, Insight

Cranes are EOT (Electric overhead traveling) crane is one of the common type of overhead crane. The crane have a parallel runway with a traveling bridge which covers the gap. This crane is run through electric. Electric overhead traveling are used either for maintenance or manufacturing application. They are designed for lifting medium and heavy industrial components, and it covers all parts of manufacturing process. The advances electric overhead traveling crane have various expertise such as function at high speeds, lift very heavy loads, no obstacles on the factory floor and more control all this make the electric overhead traveling cranes market more attractive. The EOT cranes are operated through radio/IR remote pendant, control pendant or by cabin operator which is attached to crane. Associations like Crane Manufacturers Association of America, Monorail Manufacturers Association and Hoist Manufacturers Institute are there to check the industry standard and promotional activities to increase the awareness of the assistances to overhead lifting.

Get Brochure For More Information@

The feature such as reduction of labor expense, high safety, time saving and lower maintenance costs are the few aspects which expected to drive the electric overhead traveling cranes market across the world. The other factors which driving the Electric overhead traveling cranes market such as increasing constructions activities in emerging countries like India, China is anticipated to rise the demand for Electric overhead traveling cranes. Furthermore, increasing investment by private companies and government in infrastructure development projects which includes road construction, dam, bridges, railway, waterways, and others is the key driving factor for Electric overhead traveling cranes market. However, the installation cost of Electric overhead traveling cranes is very high and this factor is acting as restrain for the Electric Overhead Traveling (EOT) cranes market. Other than construction Electric overhead traveling cranes has a huge opportunity in warehousing and distribution and manufacturing sector. Shifting focus towards compact and remote operated cranes and change in consumer preferences towards crane that ensures safety and comfort. All this factors are expected to drive the overall Electric overhead traveling cranes market across the region.

The Electric overhead traveling cranes market can be segmented on basis of type, applications, channel and geography. In terms of type, the Electric overhead traveling cranes market has been segmented into single girder EOT crane, double girder EOT crane. Single girder EOT crane have a capacity 15 tons and 20 to 80 ft. were as double girder EOT crane have the capacity of 10 tons and/or spans of 60 to 100 ft. Based on applications, the Electric overhead traveling cranes market has been classified into construction industry, shipping & port building, mining industry, automotive, oil & gas industry and others. On the basis of channel, the Electric overhead traveling cranes market is segmented into online and offline. The offline market in Electric overhead traveling cranes market is expected dominate the electric overhead traveling cranes market over the period.

In terms of geography, the global Electric overhead traveling cranes market has been categorized into South America Europe, Middle East & Africa Asia Pacific and North America. Asia pacific expected to holds a major share of the market followed by Europe and fastest growing regions during the forecasted period. As demand of Electric overhead traveling cranes has increased over the period owing to increasing construction activities in the region. North America market is matured market for Electric overhead traveling cranes market. Middle East & Africa and South America anticipated to have a steady growth during the forecasted period.

Download ToC Of Research Report@

Key players operating in the global Electric overhead traveling cranes market includes, SISSCO Material Handling, Elestar crane systems pvt ltd, Forum Hoist Pvt.Ltd., Konecranes, ABUS, Gorbel, Terex, GH Crane & Components, KITO GROUP, Eilbeck Cranes, ZPMC, FURUKAWA UNIC CORPORATION, XCMG Construction Machinery Co., Ltd, Weihua Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd., Columbus McKinnon Corporation and others.

# # #

Submitted by K Singha on Monday, 6 August 2018 at 10:18 PM
Category: Science & Research
Related News

Global Stevia Market Overview 2018: Growth, Demand and Forecast Research Report to 2023
Monday, 13 Aug 2018

Patient Registry Software Market 2023 - Key Global Trends & Growth
Friday, 10 Aug 2018

Curved Televisions Market Grow Faster Rate with Rising disposable income and increasing living stand
Wednesday, 8 Aug 2018

Online Gambling & Betting Market to Reach US$ 128.2 Bn by 2020
Wednesday, 8 Aug 2018

Glass Tableware Market Growing due to the high consumption of coffee in the U.S. Tableware segment
Wednesday, 8 Aug 2018

Related Events

Disruptive Sustainability Technologies Conference
Thursday, 23 Aug 2018

International SAP Conference for Building Materials, Prague, 2018
Tuesday, 16 Oct 2018

Future Armoured Vehicles Survivability 2018
Tuesday, 13 Nov 2018

Global Forum for Innovations in Agriculture - GFIA in Focus Australia
Tuesday, 27 Nov 2018

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

Latest News

Artificial Vital Organs and Medical Bionics Market to Garner Brimming Revenues by 2018
Tuesday, 14 Aug 2018

Scanning Probe Microscopes (SPM) Market to Expand Substantially Owing to Technological Innovations D
Tuesday, 14 Aug 2018

Healthy Snack Foods
Tuesday, 14 Aug 2018

Roman Gratuit
Tuesday, 14 Aug 2018

Hospital Beds Market to Register Substantial Expansion by 2026
Tuesday, 14 Aug 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 14 August 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Federal Dispute Resolution Training 2018
  • Hemophilia Drug Development
  • Data Science Leaders East Coast Network
  • Sydney's Biggest Postgraduate Event - QS World Grad School Tour

  • Latest Jobs
    Sorry, there are currently no entries posted here.