The U.S. ranks first in global imports of overhead traveling crane, hoist, and monorail system, accounting for a 9% share (based on USD). It was followed by China (7%) and Germany (6%). In 2015, U.S. imports of overhead traveling crane, hoist, and monorail system totaled 1,499 million USD, which was 101 million USD (7%) more than the year before.
From 2007 to 2015, U.S. overhead traveling crane, hoist, and monorail system imports showed mixed dynamics. A drop in 2009 was enormous, declining by 44% to the previous year. It continued in 2010, when imports fell by another 10%. The recovery started in 2011 and continued over the recent five years. There were several fluctuations over 2011-2015, though the overall trend remained upward, with an annual increase of +8.7% throughout the recovery period from 2011 to 2015.
Despite a considerable increase, imports still have to grow another 9% to reach the pre-recession peak level achieved in 2008.
Considering an upward import trend, the U.S. continues to be one of the biggest markets for global exporters.
China was the main supplier of overhead traveling crane, hoist, and monorail system into the U.S., with a 31% share of total U.S. imports in 2015, based on USD. It was distantly followed by Canada (13%) and Mexico (10%). China was the fastest growing supplier (+4.1 % per year) from 2007 to 2015, while imports from Canada and Mexico declined by -1.8% per year and -2.3% per year, respectively. China strengthened its position in the U.S. import structure by +7 percentage points from 2007 to 2015, while the other major supplying countries saw their shares reduced.
From 2007 to 2015, the U.S. was a net importer of overhead traveling crane, hoist, and monorail system. Moreover, imports grew faster than exports on average over the period under review.
Net US imports of overhead traveling crane, hoist, and monorail system tracked significant fluctuations over the period under review. After a huge drop over 2009-2010, a new upward trend was recorded, but the level was far below the pre-crisis peaks. In 2015, this industry ran a trade deficit of 318 million USD.
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“U.S. Overhead Traveling Crane, Hoist, And Monorail System Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. market for overhead traveling crane, hoist, and monorail system. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Hoists and parts and attachments for hoists (sold separately); Overhead traveling cranes and monorail systems (excluding construction power cranes), and parts and attachments for monorail systems (sold separately); Winches, aerial work platforms, automotive wrecker hoists, and parts; Overhead traveling crane, hoist, and monorail system manufacturing, nsk, total
Companies mentioned: The Manitowoc Company, Konecranes, Genie Industries, Terex Mhps Corp., Whiting Corporation, Gorbel, Ramsey Industries, Safeworks, Mmh Americas, Tulsa Winch, Allied Systems Company, Shrco, Ramsey Winch, Elliott Equipment Company, Proserv Crane & Equipment, Foley Material Handling Co., Deshazo, Genie Holdings, Manitowoc Crane Companies, Genie Manufacturing, Paccar Winch, Grove Worldwide, Kci Holding USA, Columbus McKinnon Corporation, Construction Products, Safeworks Holdings, Koehring Cranes, Mmh Holdings, Capewell Aerial Systems
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES