According to our (Global Info Research) latest study, the global Crane Drives market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Crane drives are specialized systems that control the movement and operation of cranes, ensuring precise handling of heavy loads in various industrial applications. These drives include components such as motors, inverters, gearboxes, and control units that work together to manage the crane's hoisting, lowering, trolley travel, and gantry movements. They provide smooth and accurate control over speed, torque, and position, enhancing the crane's efficiency, safety, and reliability. Advanced crane drives often incorporate features like regenerative braking, energy efficiency, and automation capabilities, making them essential for modern material handling in construction sites, ports, manufacturing plants, and other heavy-duty environments.
This report is a detailed and comprehensive analysis for global Crane Drives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Crane Drives market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Crane Drives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Crane Drives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Crane Drives market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Crane Drives
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Crane Drives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Schneider Electric, Danfoss, Yaskawa, Nidec Motor, Konecranes, Rockwell Automation, Mitsubishi, Fuji Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Crane Drives market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
DC Motor
AC Asynchronous Motor
AC Synchronous Motor
Stepper Motor
Market segment by Application
Bridge Crane
Cable Crane
Jib Crane
Major players covered
Siemens
ABB
Schneider Electric
Danfoss
Yaskawa
Nidec Motor
Konecranes
Rockwell Automation
Mitsubishi
Fuji Electric
UNICO
Menzel Motors
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Crane Drives product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Crane Drives, with price, sales quantity, revenue, and global market share of Crane Drives from 2020 to 2025.
Chapter 3, the Crane Drives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Crane Drives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Crane Drives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Crane Drives.
Chapter 14 and 15, to describe Crane Drives sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Crane Drives. Industry analysis & Market Report on Crane Drives is a syndicated market report, published as Global Crane Drives Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Crane Drives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.