Product Code: ETC308725 | 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 Thailand Tower Crane Market is integral to the construction and real estate development sectors. Tower cranes are essential equipment for lifting heavy materials and aiding in the construction of tall structures. As Thailand experiences rapid urbanization and infrastructure development, the demand for tower cranes has been on the rise. Factors like the construction of skyscrapers, residential complexes, and commercial buildings are driving the Tower Crane Market`s expansion.
Thailand`s booming construction industry is a major driver for the Tower Crane Market. Tower cranes are indispensable in the construction of high-rise buildings and infrastructure projects. The urbanization trend and investments in real estate and infrastructure projects have created a sustained demand for tower cranes. Additionally, government initiatives to promote infrastructure development and foreign investments in the construction sector contribute significantly to the growth of this market.
Challenges include the cyclical nature of the construction industry and the need for skilled operators. Safety regulations and compliance are also critical factors impacting the market.
The pandemic had a mixed impact on the Thailand tower crane market. Initially, construction projects were halted or delayed due to lockdowns and labor shortages, causing a decline in the demand for tower cranes. However, as the government eased restrictions and stimulus measures were introduced to support infrastructure development, the market started to rebound. The need for efficient and safe construction methods increased, driving demand for tower cranes.
In the Thailand Tower Crane market, leading players such as CraneTech Ltd., SkyHigh Cranes, and Lifting Solutions Inc. dominate the landscape. These companies offer a wide range of tower cranes that are pivotal in the construction and infrastructure development sectors. Their extensive experience and commitment to safety have positioned them as trusted providers in the industry.
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 Thailand Tower Crane Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Tower Crane Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Tower Crane Market - Industry Life Cycle |
3.4 Thailand Tower Crane Market - Porter's Five Forces |
3.5 Thailand Tower Crane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Tower Crane Market Revenues & Volume Share, By Lifting Capacity, 2021 & 2031F |
3.7 Thailand Tower Crane Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Thailand Tower Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Thailand |
4.2.2 Increasing urbanization and infrastructure development projects |
4.2.3 Government initiatives to boost economic growth and construction activities |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Competition from alternative construction equipment |
5 Thailand Tower Crane Market Trends |
6 Thailand Tower Crane Market, By Types |
6.1 Thailand Tower Crane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Tower Crane Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Tower Crane Market Revenues & Volume, By Self-erecting, 2021-2031F |
6.1.4 Thailand Tower Crane Market Revenues & Volume, By Luffing Jib, 2021-2031F |
6.1.5 Thailand Tower Crane Market Revenues & Volume, By Hammer Head, 2021-2031F |
6.1.6 Thailand Tower Crane Market Revenues & Volume, By Flat Top, 2021-2031F |
6.2 Thailand Tower Crane Market, By Lifting Capacity |
6.2.1 Overview and Analysis |
6.2.2 Thailand Tower Crane Market Revenues & Volume, By Less than 5 ton, 2021-2031F |
6.2.3 Thailand Tower Crane Market Revenues & Volume, By 6 to 10 ton, 2021-2031F |
6.2.4 Thailand Tower Crane Market Revenues & Volume, By More than 10 ton, 2021-2031F |
6.3 Thailand Tower Crane Market, By End User Industry |
6.3.1 Overview and Analysis |
6.3.2 Thailand Tower Crane Market Revenues & Volume, By Building Construction, 2021-2031F |
6.3.3 Thailand Tower Crane Market Revenues & Volume, By Infrastructural Construction, 2021-2031F |
6.3.4 Thailand Tower Crane Market Revenues & Volume, By Energy, 2021-2031F |
6.3.5 Thailand Tower Crane Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Tower Crane Market Import-Export Trade Statistics |
7.1 Thailand Tower Crane Market Export to Major Countries |
7.2 Thailand Tower Crane Market Imports from Major Countries |
8 Thailand Tower Crane Market Key Performance Indicators |
8.1 Average utilization rate of tower cranes in Thailand |
8.2 Number of new construction projects announced or initiated |
8.3 Average age of tower crane fleet in Thailand |
8.4 Rate of adoption of advanced technologies in tower crane operations |
8.5 Average rental rates for tower cranes in the market |
9 Thailand Tower Crane Market - Opportunity Assessment |
9.1 Thailand Tower Crane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Tower Crane Market Opportunity Assessment, By Lifting Capacity, 2021 & 2031F |
9.3 Thailand Tower Crane Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Thailand Tower Crane Market - Competitive Landscape |
10.1 Thailand Tower Crane Market Revenue Share, By Companies, 2024 |
10.2 Thailand Tower Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |