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Overhead cranes are used to lift, move, or displace heavy loads in various end-use industries. These cranes have a parallel runway with a hoist and a traveling bridge. The lifting component of overhead cranes moves in multiple directions through the overhead space.

Overhead cranes are primarily used to perform indoor loading and unloading activities in manufacturing and storage facilities. These cranes are also used to carry out outdoor lifting operations in shipping ports. Unlike other types of cranes, overhead cranes are majorly used in manufacturing or maintenance applications, where efficiency and downtime plays a crucial role.

The market for overhead cranes worldwide is primarily driven by increase in investment by governments for development of various infrastructure; these cranes are reliable and efficient. Moreover, handling heavy loads is a crucial task in different industrial applications. Hence, multiple forklifts are replaced by overhead cranes to reduce labor cost and human intervention which in turn increases workplace safety.

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Overhead cranes can work on any plant and can be customized as per the requirement with any other tools to complete various operations. Hence, these cranes are flexible to operate in any industrial application. Also, automated systems used in the overhead cranes improve the work precision, reduces operational time, and reduces product damage.

All these factors are primarily driving the growth of the overhead cranes market across the globe. However, lack of skilled operators and high lead time in supply chain are some of the factors that are restraining the growth of the overhead cranes market.