Global Electric Grabs Market Overview:
The hydraulic pump on the Electro grab is operated by an electric motor. The hydraulic pump triggers the hydraulic cylinder, which opens and closes the catch buckets. It is planned to be mounted on cranes with a single drum for bulk handling, rock handling, dredging or mining operations, and so on. Electric Grabs are suitable for scrap handling in large quantities. Due to the vertical and wide cylinders and the geometry of the claws, the grab's nature allows for a very strong gripping force. Cranes, wheeled loaders, and tracked excavators can all be fitted with specially built Grabs. The revolutionary nature of the scrap grab allows it to integrate a very robust mechanism operated by an in-built hydraulic system for scrap grabbing. These grabs have different claws that are each moved by a double-acting cylinder. This helps the machinery to grip loose material and non-symmetrical objects with ease. and may see market size of USD20.0 Million by 2028.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Investment in Advanced Technology Based Electric Grabs
Market Growth Drivers:
Growing End-Use Such as Bulk Handling, Rock Handling, Dredging or Digging Operations
Challenges:
Highly Skilled Personnel Required
Restraints:
High Capital Costs of Electric Grabs
Opportunities:
Growing Automation in Container Handling Equipment AT Ports
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are The Grab Specialist B.V. (Netherlands), Hydraulika Petras (Czechia), SENNEBOGEN (Germany), Alatas (United Kingdom), Beco (Netherlands), SAVALAS CO (Iran), KOCATAS GRAB (Turkey) and MRS Greifer (Germany). Additionally, following companies can also be profiled that are part of our coverage like Enbl (Kunshan) Machinery Co., Ltd. (China) and Mantrac Group (Mansour Group) (Egypt). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Electric Grabs market by 2028. Considering Market by End Use, the sub-segment i.e. Bulk Handling will boost the Electric Grabs market.
Latest Market Insights:
In December 2023, Global engineering, consulting and construction leader Black & Veatch today announced it has earned the State and Local Government specialty designation from Esri, the global market leader in geographic information system (GIS) software, location intelligence and mapping. With this Esri Partner Network designation, Black & Veatch is recognized for its commitment in applying Esri ArcGIS technology to develop and configure ready-to-use solutions and deliver geospatial services to strengthen its municipal, state and local government services.
In November 2020,Grab Indonesia has launched 30 electric vehicles and built Battery Exchange Stations For the new vehicles in 7 different locations around Bali.
What Can be Explored with the Electric Grabs Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electric Grabs Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electric Grabs
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electric Grabs market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electric Grabs market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Electric Grabs, Suppliers of Raw Materials, Distributors of Electric Grabs, Marine Industry, Governmental Bodies and Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.