The Automated Overhead Cranes market size is projected to reach US$ 3.5 billion by 2031 from US$ 2.1 billion in 2023. The market is expected to register a CAGR of 7.00% during 2023–2031. The increasing adoption of Industry 4.0 is leading to the growing demand for automated overhead cranes. These cranes are further implemented with smart technology that provides insightful data, which further helps in the effective operations of Industry 4.0 technology. Such adoption of Industry 4.0 is likely to remain a key trend in the market.
The stakeholders in the automated overhead crane market include automated overhead crane component suppliers, automated overhead crane manufacturers, and end users. The presence of a large number of component suppliers, including trolley frames, Wire/Rope, bridge wheels, hoists, runway rails, and other manufacturers, facilitate the automated overhead crane manufacturers to meet the demands of their respective customers. Automated overhead crane component suppliers are scaling up their production capacities to meet the growing demand for automated overhead crane manufacturers. As the automated overhead crane manufacturers continuously work in sync with component suppliers as well as end users, it helps them understand the demands of end users as well as develop advanced components. They also have various distributors spread across various countries and regions, which also provide service support to end users.
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Top Key Major Players:-
- Avon Barrier Corporation Ltd
- CAME S.p.A
- Houston System Inc.
- LA BARRIÈRE AUTOMATIQUE
- MACS Automated Bollard Systems
- Magnetic Autocontrol GmbH
- Nice S.p.A
- Omnitec Group
- and RIB Srl