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Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Crane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global crane market size reached a value of US$ 46.80 Billion in 2020. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 59.82 Billion by 2026, exhibiting a CAGR of 4.57% during 2021-2026. A crane refers to a construction machine that is used to transport objects horizontally. It is equipped with wire ropes, a hoist rope, sheaves, etc., and can lift heavy loads or transport them to other locations. C…