Global crane market to grow in 2017
According to a new report from Off-Highway Research, the worldwide demand for mobile cranes is expected to bottom-out this year. Sales of all terrain, lattice boom crawler, rough terrain and truck cranes are expected to total 17,077 units in 2016, an 11 per cent fall from the previous year.

Although the North American market is expected to stay in a trough in 2017, growth elsewhere in the world should see global sales rise by 5 per cent. Continued improvement in market conditions should see demand rise above 20,000 units by 2020.

The forecast for a recovery between 2017 and 2020 is supported by a range of factors including; relatively stable demand in Europe, a recovery in the Chinese market ? which is dominated by truck cranes ? growth from 2018 onwards in North America and general improvement in rest-of-the-world markets.