Page 28 - CO_December_2022

LEAD STORY LEAD STORY CRANES - TOWER & MOBILE

CRANES – TOWER & MOBILE

SMART & SUPERIOR

The Indian crane market was valued at $922 million in 2021, and is
expected to reach $1,248 million by 2027, registering a CAGR of over
5.3%. While this is growth in figurative terms, recent innovations in smart
design, technology and manufacturing are significantly impacting
the growth of both Tower & Mobile Cranes market not only in India,
but globally as well. These Smart Cranes are Modular, Adaptable and
Intelligent. They are more compact and energy efficient to suit the
needs of the growing construction landscape. Superseding the cranes of
yesteryear, these Superior Cranes are enabling construction companies
increase equipment uptime, save on maintenance & energy costs,
enhance scalability and extend the life of their investments….
writes, PRERNA SHARMA.

28 CONSTRUCTION
CONSTRUCTION OPPORTUNITIES|DECEMBER 2022OPPORTUNITIES|DECEMBER 2022
28