TOUCH THE SKY

Tower cranes will continue to be a familiar landmark as infra projects continue to grow

The tower crane market is a crucial component of the construction industry, playing a pivotal role in the efficient and timely completion of large-scale projects. Tower cranes are tall, fixed machines equipped with a horizontal boom and a lifting hook, capable of lifting heavy loads to significant heights. The tower crane market has witnessed steady growth in recent years, driven by the surge in construction activities globally. These cranes are characterized by their tall vertical mast and horizontal boom, allowing them to lift heavy loads to great heights. They are widely used in the construction of high-rise buildings and infrastructure projects. The market is highly competitive, with several established players and constant technological innovations.

There is rising demand of tower cranes with higher capacity ratings and technologically advanced features to cater to newer construction applications that require varying hook heights, jib lengths, and capacities. So, while this is driving them to include the higher tonnage cranes in their portfolio, they are at the same time making improvements in the lighter segment, which continues to see sizeable demand.

Demand for higher tonnage tower cranes is being seen in applications like precast handling and erection, and in various industries like power plants, cement plants, refineries, hydroelectric dams, bridges, and high-rise buildings, where they provide high-capacity material handling solutions.

AS TALL AS THEY COME

Crane manufacturers in India showed high levels of business confidence at December's Excon 2023.