Global HSC Cranes Market Size, Trends and Growth opportunity, By Type (Single Girder Cranes, Double Girder Bridge Cranes, Gantry Cranes, Monorails), By Application (Construction & Infrastructure Industry, Mining Excavation Industry, Metallurgy, Shipping & Boarding Industry, Automotive, Oil & Gas Industry, Others), By Distribution Channel (Used, Rental, Brand New), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global HSC Cranes Market 
Global HSC Cranes Market was valued at USD 3,356 million in 2021 and is expected to reach USD 9,860 million by 2027, at a CAGR 13.90% from 2022-2027.
HSC crane is a multi-purpose machine which can be used for construction, mining excavation, infrastructure projects, and shipping & boarding. The crane can be used in a single girder configuration and double girder bridge configuration, depending on the type of load that needs to be moved. An HSC Crane can lift heavy loads such as oil rigs, nuclear power plants, and large turbines with ease.
Market Drivers
The factors which drive the growth of HSC Cranes market are, increasing demand for construction & infrastructure projects across emerging countries especially India and China. Furthermore, growing mining excavation projects which are related to coal and iron ore mines will boost the market in forecast period.
Also, technological advancements in crane manufacturing is leading to better efficiency and productivity that drives the HSC crane market.
Market Restraints
The lack of government initiatives and funding are the most significant obstacles to developing infrastructure, particularly in developing countries. This restrains the growth of the global HSC Cranes market. Also, finite availability of skilled workers and unstable prices of raw materials will hinder the market further.
Market Segmentation
The Global HSC Cranes Market is segmented into Type, Application, Distribution Channel, and Region.
Further, based on Application, the market is segmented into Construction & Infrastructure, Mining Excavation Industry, Metallurgy, Shipping & Boarding Industry, Automotive, Oil & Gas Industry, and others. 
Regional Analysis
The Global HSC Cranes Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the HSC Cranes market due the wide adoption of new technologies by various industries such as the mining excursion industry & oil gas industry that requires high-level safety standards. 
Whereas, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period 2027, owing to an increase in infrastructure development activities.
The European region will have a moderate growth rate because of the market share decline over the last few decades. The automotive sector is one major contributor to this trend. Additionally, Europe’s low birth rate with growing life expectancy rates makes it difficult for employment generation opportunities that leads to an economic slowdown across all industries including construction & infrastructure project activity where crane machinery is used extensively.
Key Players
Various key players are discussed into the Global HSC Cranes Market Report including: Harrington Hoists, Abuscranes, K2 Cranes, Uesco Cranes, KONE Cranes, Mammoet, Terex, Liebherr, Altech Industries, Sumitomo Heavy Industries Construction Cranes Co., Ltd. (HSC Cranes), and Others.
For instance, in June 2022, Manitowoc launched the new version of Potain MCT 565 for short – jib application. Manitowoc had introduced the Potain MCT 565, a more compact but equally high performing version of 32-t capacity MCT 565 M32 – the 2nd largest topless crane manufactured in China after the Potain MCT 805.
Market Taxonomy
By Type
•        Single Girder Cranes
•        Double Girder Bridge Cranes
•        Gantry Cranes
•        Monorails
By Application
•        Construction & Infrastructure Industry
•        Mining Excavation Industry
•        Metallurgy
•        Shipping & Boarding Industry
•        Automotive
•        Oil & Gas Industry
•        Others
By Distribution Channel
•        Used
•        Rental
•        Brand New
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global HSC Cranes Market
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global HSC Cranes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global HSC Cranes Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global HSC Cranes Market Share Analysis, By Type
5.3 Global HSC Cranes Market Size and Forecast, Type
5.3.1 Single Girder Cranes
5.3.2 Double Girder Bridge Cranes
5.3.3 Gantry Cranes
5.3.4 Monorails
6 Global HSC Cranes Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global HSC Cranes Market Share Analysis, By Application
6.3 Global HSC Cranes Market Size and Forecast, By Application
6.3.1 Construction & Infrastructure Industry
6.3.2 Mining Excavation Industry
6.3.3 Metallurgy
6.3.4 Shipping & Boarding Industry
6.3.5 Automotive
6.3.6 Oil & Gas Industry
6.3.7 Others
7 Global HSC Cranes Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global HSC Cranes Market Share Analysis, By Distribution Channel
7.3 Global HSC Cranes Market Size and Forecast, By Distribution Channel
7.3.1 Used
7.3.2 Rental
7.3.3 Brand New
8 Global HSC Cranes Market, By Region
8.1 Global HSC Cranes Market Share Analysis, By Region
8.2 Global HSC Cranes Market Share Analysis, By Region
8.3 Global HSC Cranes Market Size and Forecast, By Region
9 North America HSC Cranes Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America HSC Cranes Market Share Analysis, By Type
9.3 North America HSC Cranes Market Share Analysis, By Application
9.4 North America HSC Cranes Market Size and Forecast, By Distribution Channel
9.5 North America HSC Cranes Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe HSC Cranes Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe HSC Cranes Market Share Analysis, By Type
10.3 Europe HSC Cranes Market Share Analysis, By Application
10.4 Europe HSC Cranes Market Size and Forecast, By Distribution Channel
10.5 Europe HSC Cranes Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific HSC Cranes Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific HSC Cranes Market Share Analysis, By Type
11.3 Asia Pacific HSC Cranes Market Share Analysis, By Application
11.4 Asia Pacific HSC Cranes Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific HSC Cranes Market Size and Forecast, By Country
11.5.1 China        
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America HSC Cranes Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America HSC Cranes Market Share Analysis, By Type
12.3 Latin America HSC Cranes Market Share Analysis, By Application
12.4 Latin America HSC Cranes Market Size and Forecast, By Distribution Channel
12.5 Latin America HSC Cranes Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East HSC Cranes Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East HSC Cranes Market Share Analysis, By Type
13.3 Middle East HSC Cranes Market Share Analysis, By Application
13.4 Middle East HSC Cranes Market Size and Forecast, By Distribution Channel
13.5 Middle East HSC Cranes Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Harrington Hoists
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Abuscranes
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 K2 Cranes
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Uesco Cranes
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 KONE Cranes
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Mammoet
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Terex
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies        
15.8 Liebherr
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Altech Industries
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sumitomo Heavy Industries Construction Cranes Co., Ltd. (HSC Cranes)
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies