Luffing jib tower cranes, which are a type of top-slewing crane, have an angled rather than horizontal jib. Unlike other tower cranes which have a trolley that controls the lateral movement of the load, luffing jib cranes move their load by changing the angle of the jib. The cranes are utilized primarily in urban areas where space is constrained or in situations where several cranes are installed close together.
China has the largest global export quantity and manufacturers in Luffing Jib Tower Cranes market, while the Europe is the second sales volume market for Luffing Jib Tower Cranes in 2016.

In the industry, Zoomlion profits most in 2017 and recent years, while Liebherr and SCM ranked 2 and 3.The market share of them is 24.31%, 14.01% and 10.71% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Luffing Jib Tower Cranes, including Max. Load Capacity < 30t, Max. Load Capacity 30-50t and Max. Load Capacity > 50t. And Max. Load Capacity < 30t is the main type for Luffing Jib Tower Cranes, and the Max. Load Capacity < 30t reached a sales volume of approximately 2326 Unit in 2017, with 80.85% of global sales volume.

Luffing Jib Tower Cranes technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.



According to this study, over the next five years the Luffing Jib Tower Cranes market will register a 1.5% CAGR in terms of revenue, the global market size will reach USD 200 million by 2024, from USD 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luffing Jib Tower Cranes business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Luffing Jib Tower Cranes market by product type, application, key manufacturers and key regions and countries.

This study considers the Luffing Jib Tower Cranes value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Max. Load Capacity < 30t
Max. Load Capacity 30-50t
Max. Load Capacity > 50t
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
High Rise Buildings
Bridge Building
Others

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Zoomlion
SCM
Fushun Yongmao
XCMG
DAHAN
Manitowoc
Liebherr
WOLFFKRAN
Terex
FAVCO
HKTC

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Luffing Jib Tower Cranes consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Luffing Jib Tower Cranes market by identifying its various subsegments.
Focuses on the key global Luffing Jib Tower Cranes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Luffing Jib Tower Cranes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Luffing Jib Tower Cranes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.