Project report for portable jib crane

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In India,  Portable jib cranes are used for lifting extremely heavy objects and hence, are widely used in shipyards and ports. The shipbuilding industry deals with the production of vessels for merchant fleet, off shore industry, and military, and is linked to other important sectors such as transportation, research, security, and environment, which plays an important role in regional industrial infrastructure and national security interests. Various governments around the world are investing heavily in the development of this industry. Thus, the development of shipyards/shipbuilding industry is projected to fuel the growth of the gantry crane market during the forecast period. 

Cranes exist in an enormous variety of forms, each tailored to a specific use. Sizes range from the smallest jib cranes, used inside workshops, to the tallest tower cranes, used for constructing high buildings. Mini-cranes are also used for constructing high buildings, in order to facilitate constructions by reaching tight spaces. Finally, we can find larger floating cranes, generally used to build oil rigs and salvage sunken ships. A crane is a type of machine, generally equipped with a hoist rope, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It is mainly used for lifting heavy things and transporting them to other places. The device uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of a human. Cranes are commonly employed in the transport industry for the loading and unloading of freight, in the construction industry for the movement of materials, and in the manufacturing industry for the assembling of heavy equipment.

Market potential & Strategy

The Jib Crane market revenue was INR 12900 Crores in 2019, grew to INR 13000 Crores in 2024, and will reach INR 13700 Crores in 2029, with a CAGR of 2.3% during 2019-2024. Because of low cost and versatile use, there is a very good market, potential for this product. As described earlier portable Jib Cranes are used in Industrial Activity for material handling and lifting purposes, therefore the size of market is very big. The market is continuously increasing with the growth of Industrialization and Godowns, Warehouses etc. Since very few units are engaged in manufacturing of this product in this region, there is a bright market potential for Jib cranes in the indigenous market as well as in developing countries.

Mobile jib crane is the most flexible and mobile lifting crane with modern design and manufacturing techniques. Mobile jib crane is widely used for its advantage of high flexibility, it is the indispensable hoist equipment of automatic production line. Compared to pillar jib crane and wall jib crane, mobile jib cranes do not need cement foundation. We can place it anywhere in the plant based on your need. The mobile jibs have scientific design and high quality, which can meet your requirement of short distance and frequent task.

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