Product Code: ETC288683 | Publication Date: Aug 2022 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Cranes market currently, in 2023, has witnessed an HHI of 5504, Which has increased moderately as compared to the HHI of 4903 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The cranes market in South Korea caters to construction, manufacturing, and logistics sectors with a variety of crane types including tower cranes, mobile cranes, and overhead cranes. Market dynamics include infrastructure development, industrial projects, and technological advancements in crane automation and safety features.
The South Korea Cranes Market is growing due to the rising demand for efficient lifting and material handling solutions in various industries. Innovations in crane technologies and their benefits in improving operational efficiency support market growth.
Ensuring crane safety and operational efficiency, addressing equipment reliability and maintenance costs, and supporting regulatory compliance and workforce training pose challenges in the cranes market in South Korea. Crane manufacturers must innovate in lifting technologies, support IoT-enabled crane monitoring systems, and provide operator training and certification programs to meet construction, logistics, and manufacturing demands for reliable and high-performance lifting solutions that enhance productivity and workplace safety.
In South Korea, government policies impacting the cranes market focus on construction safety, equipment reliability, and infrastructure development. Policies regulate crane design standards, operator training requirements, and workplace safety protocols. Incentives support adoption of advanced crane technologies, improvement in lifting capacities, and compliance with construction industry regulations.
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 South Korea Cranes Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Cranes Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Cranes Market - Industry Life Cycle |
3.4 South Korea Cranes Market - Porter's Five Forces |
3.5 South Korea Cranes Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 South Korea Cranes Market Revenues & Volume Share, By End-User, 2021 & 2028F |
4 South Korea Cranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Cranes Market Trends |
6 South Korea Cranes Market, By Types |
6.1 South Korea Cranes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Cranes Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 South Korea Cranes Market Revenues & Volume, By Mobile, 2018 - 2028F |
6.1.4 South Korea Cranes Market Revenues & Volume, By Fixed, 2018 - 2028F |
6.1.5 South Korea Cranes Market Revenues & Volume, By Marine, 2018 - 2028F |
6.2 South Korea Cranes Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 South Korea Cranes Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.3 South Korea Cranes Market Revenues & Volume, By Mining, 2018 - 2028F |
6.2.4 South Korea Cranes Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.2.5 South Korea Cranes Market Revenues & Volume, By Oil & Gas, 2018 - 2028F |
6.2.6 South Korea Cranes Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Cranes Market Import-Export Trade Statistics |
7.1 South Korea Cranes Market Export to Major Countries |
7.2 South Korea Cranes Market Imports from Major Countries |
8 South Korea Cranes Market Key Performance Indicators |
9 South Korea Cranes Market - Opportunity Assessment |
9.1 South Korea Cranes Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 South Korea Cranes Market Opportunity Assessment, By End-User, 2021 & 2028F |
10 South Korea Cranes Market - Competitive Landscape |
10.1 South Korea Cranes Market Revenue Share, By Companies, 2021 |
10.2 South Korea Cranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |