Product Code: ETC5177236 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand Cranes Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.49% in 2025, growth builds up to 13.47% by 2029.
In the Asia region, the Cranes market in New Zealand is projected to expand at a stable growth rate of 4.20% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Crane Market in New Zealand is experiencing steady growth driven by infrastructure development projects and the construction industry. Cranes play a vital role in lifting heavy materials and equipment at construction sites, contributing to the overall efficiency and safety of operations.
The New Zealand cranes market is driven by infrastructure development, construction projects, and industrial activities. The need for efficient material handling and lifting solutions in various sectors, including construction, manufacturing, and logistics, fuels the demand for cranes. Technological advancements in crane design and safety features further enhance market growth.
The New Zealand cranes market faces significant challenges, particularly related to the high costs of crane acquisition and maintenance. Market players must also navigate stringent safety regulations and certification requirements, which can be both time-consuming and expensive. The demand for cranes is closely tied to the construction industry, making the market vulnerable to economic fluctuations and changes in government infrastructure spending. Additionally, the market is competitive, with pressure to offer advanced, efficient, and versatile cranes that can handle diverse construction needs.
In New Zealand, the cranes market is subject to government policies aimed at ensuring safety standards, environmental sustainability, and economic efficiency. Regulatory bodies such as the Ministry of Business, Innovation and Employment (MBIE) and the Department of Conservation (DOC) oversee aspects related to crane operations and construction activities. The government emphasizes compliance with building codes, occupational health and safety regulations, and environmental impact assessments in the installation and operation of cranes. Furthermore, initiatives promoting training and certification for crane operators contribute to maintaining high industry standards and reducing workplace accidents.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Cranes Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Cranes Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Cranes Market - Industry Life Cycle |
3.4 New Zealand Cranes Market - Porter's Five Forces |
3.5 New Zealand Cranes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 New Zealand Cranes Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 New Zealand Cranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in New Zealand |
4.2.2 Growing demand for high-rise buildings and urbanization |
4.2.3 Government investments in transportation and energy projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Regulatory challenges related to environmental and safety standards |
4.3.3 Competition from alternative lifting solutions like aerial work platforms |
5 New Zealand Cranes Market Trends |
6 New Zealand Cranes Market Segmentations |
6.1 New Zealand Cranes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Cranes Market Revenues & Volume, By Mobile, 2021-2031F |
6.1.3 New Zealand Cranes Market Revenues & Volume, By Fixed, 2021-2031F |
6.1.4 New Zealand Cranes Market Revenues & Volume, By Marine, 2021-2031F |
6.2 New Zealand Cranes Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Cranes Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 New Zealand Cranes Market Revenues & Volume, By Mining, 2021-2031F |
6.2.4 New Zealand Cranes Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 New Zealand Cranes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.6 New Zealand Cranes Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Cranes Market Import-Export Trade Statistics |
7.1 New Zealand Cranes Market Export to Major Countries |
7.2 New Zealand Cranes Market Imports from Major Countries |
8 New Zealand Cranes Market Key Performance Indicators |
8.1 Average age of the crane fleet in New Zealand |
8.2 Utilization rate of cranes in major construction projects |
8.3 Number of new crane models introduced in the market |
8.4 Rate of adoption of advanced technologies in crane operations |
8.5 Percentage of crane operators trained in safety procedures and certifications |
9 New Zealand Cranes Market - Opportunity Assessment |
9.1 New Zealand Cranes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 New Zealand Cranes Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 New Zealand Cranes Market - Competitive Landscape |
10.1 New Zealand Cranes Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Cranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |