Market Forecast By Product Type (Mobile, Fixed, Marine), By End-User (Construction, Mining, Industrial, Oil & Gas, Others) And Competitive Landscape
Product Code: ETC288691 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Sri Lanka Cranes Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 6.11% in 2025, climbs to a high of 10.84% in 2028, and moderates to 9.18% by 2029.
The Cranes market in Sri Lanka is projected to grow at a high growth rate of 10.22% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Sri Lanka Cranes Market | Country-Wise Share and Competition Analysis
In the year 2021, China was the largest exporter in terms of value, followed by India. It has registered a decline of -72.09% over the previous year. While India registered a decline of -40.09% as compare to the previous year. In the year 2017 China was the largest exporter followed by Japan. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Sri Lanka has the Herfindahl index of 3316 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 5224 which signifies high concentration in the market.
Sri Lanka Cranes Market - Export Market Opportunities
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 Sri Lanka Cranes Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Cranes Market Revenues & Volume, 2021 & 2028F |
3.3 Sri Lanka Cranes Market - Industry Life Cycle |
3.4 Sri Lanka Cranes Market - Porter's Five Forces |
3.5 Sri Lanka Cranes Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Sri Lanka Cranes Market Revenues & Volume Share, By End-User, 2021 & 2028F |
4 Sri Lanka Cranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects in Sri Lanka driving the demand for cranes. |
4.2.2 Growth in industries such as construction, manufacturing, and logistics leading to higher crane usage. |
4.2.3 Government initiatives to improve transportation and logistics infrastructure boosting the crane market. |
4.3 Market Restraints |
4.3.1 High initial investment cost for cranes limiting market penetration. |
4.3.2 Limited skilled labor for operating and maintaining cranes hindering market growth. |
4.3.3 Economic uncertainties impacting investment decisions in large infrastructure projects. |
5 Sri Lanka Cranes Market Trends |
6 Sri Lanka Cranes Market, By Types |
6.1 Sri Lanka Cranes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Cranes Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Sri Lanka Cranes Market Revenues & Volume, By Mobile, 2018 - 2028F |
6.1.4 Sri Lanka Cranes Market Revenues & Volume, By Fixed, 2018 - 2028F |
6.1.5 Sri Lanka Cranes Market Revenues & Volume, By Marine, 2018 - 2028F |
6.2 Sri Lanka Cranes Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Cranes Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.3 Sri Lanka Cranes Market Revenues & Volume, By Mining, 2018 - 2028F |
6.2.4 Sri Lanka Cranes Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.2.5 Sri Lanka Cranes Market Revenues & Volume, By Oil & Gas, 2018 - 2028F |
6.2.6 Sri Lanka Cranes Market Revenues & Volume, By Others, 2018 - 2028F |
7 Sri Lanka Cranes Market Import-Export Trade Statistics |
7.1 Sri Lanka Cranes Market Export to Major Countries |
7.2 Sri Lanka Cranes Market Imports from Major Countries |
8 Sri Lanka Cranes Market Key Performance Indicators |
8.1 Average utilization rate of cranes in key industries in Sri Lanka. |
8.2 Rate of adoption of advanced crane technologies in the market. |
8.3 Number of infrastructure projects requiring crane services in the country. |
9 Sri Lanka Cranes Market - Opportunity Assessment |
9.1 Sri Lanka Cranes Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Sri Lanka Cranes Market Opportunity Assessment, By End-User, 2021 & 2028F |
10 Sri Lanka Cranes Market - Competitive Landscape |
10.1 Sri Lanka Cranes Market Revenue Share, By Companies, 2021 |
10.2 Sri Lanka Cranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |