Recycling Cranes Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 2.8 Billion by 2033 at a CAGR of 7.5% from 2026 to 2033.
The global recycling cranes market was valued at approximately USD 2.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This market growth is driven by the increasing demand for efficient material handling solutions in recycling plants, along with the rising awareness about environmental sustainability. The Asia Pacific region is expected to hold the largest market share due to the rapid industrialization, urbanization, and the growing adoption of recycling programs across countries like China, Japan, and India. Additionally, the growing investments in infrastructure projects in the region are expected to further boost the demand for recycling cranes. North America and Europe are also significant markets for recycling cranes, with an increasing focus on adopting automated recycling systems and reducing landfill waste. North America’s market size was valued at approximately USD 600 million in 2022 and is expected to grow steadily due to the well established recycling industry and government initiatives aimed at promoting sustainable practices. Europe, driven by stringent environmental regulations and recycling targets, holds a substantial share in the market. The Middle East and Africa, along with Latin America, are expected to witness slower growth, but ongoing urbanization and increasing focus on sustainability are likely to present new growth opportunities in the coming years.
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Palfinger AG
Hiab (Cargotec Corporation)
TAJFUN GROUP
Marchesi Gru
Kesla
HMF
Penz crane GmbH
Seram
TERRA (INDUSTRIE HOLDING GmbH)
Auer Landmaschinenbau GmbH
Ainscough Crane Hire
Gaode Hydraulic Machinery
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Recycling Cranes Market
Mobile Recycling Cranes
Stationary Recycling Cranes
Electric Recycling Cranes
Diesel Recycling Cranes
Hybrid Recycling Cranes
Construction and Demolition Waste Recycling
Metal Recycling
Electronic Waste Recycling
Plastic Recycling
Paper and Cardboard Recycling
Under 10 Tons
10 to 20 Tons
20 to 50 Tons
50 to 100 Tons
Over 100 Tons
Construction Industry
Mining Industry
Manufacturing Industry
Waste Management and Recycling Industry
Shipping and Logistics Industry
Direct Sales
Distributors
Online Marketing
Trade Shows and Exhibitions
Negotiated Contracts
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Recycling Cranes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Recycling Cranes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Recycling Cranes Market, By Type
6. Global Recycling Cranes Market, By Application
7. Global Recycling Cranes Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Recycling Cranes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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