Austin, Dec. 08, 2024 (GLOBE NEWSWIRE) -- Overhead Cranes Market Size & Growth Analysis: “According to SNS Insider Research, The Overhead Cranes Market size was valued at USD 5.24 Billion in 2023 and is expected to reach USD 8.68 Billion by 2032, growing at a CAGR of 5.78% over the forecast period from 2024 to 2032.” The Overhead Cranes Market is fueled by infrastructure growth, expanding manufacturing, and rising port and logistics needs in emerging economies. The Overhead Cranes Market is experiencing significant growth, largely driven by the increasing demand for infrastructure development in emerging economies. As these economies continue to expand, there is a rising need for advanced material handling solutions to support the growth of key sectors. The rapid expansion of manufacturing industries requires efficient systems to manage and transport heavy materials, which boosts the demand for overhead cranes. Additionally, the growth in port and logistics infrastructure further contributes to this trend. Ports require cranes to handle large volumes of goods, while logistics hubs rely on cranes for efficient transportation of materials. The ongoing infrastructure development projects, coupled with the increasing industrial activities, make overhead cranes essential for optimizing operations in various sectors, thus driving the overall market growth. With continued industrialization, the demand for these cranes is expected to remain strong in the coming years. Get a Sample Report of Overhead Cranes Market@ https://www.snsinsider.com/sample-request/1132 Major Players Analysis Listed in this Report are: ABUS Kransysteme GmbH Columbus McKinnon Corporation (CMCO) EMH, Inc. GH Cranes & Components Gorbel Cranes Kito Corporation Konecranes Plc Ralf Teichmann GmbH Sumitomo Heavy Industries Material Handling Systems Co., Ltd. Weihua Group Terex Corporation Liebherr Group Jaso Industrial Cranes Sany Group Cargotec Corporation Dongqi Crane DHS Crane ZPMC Demag Cranes & Components Faymonville & Other Players Overhead Cranes Market Report Scope: Need more industry insights or statistical data on Overhead Cranes Market, Make an Inquiry Now@ https://www.snsinsider.com/enquiry/1132 Market Dominance and Trends in Bridge Cranes and Lifting Capacity Segments: 2023 Insights By Type: The Bridge Cranes segment dominated the market with a share of over 37% in 2023. Bridge cranes are vital in industries that require the lifting of heavy loads across large spaces, providing the precision needed for safe and efficient load handling. Their widespread use in sectors such as automotive, manufacturing, and construction highlights their importance in industrial operations. These cranes can span large areas and handle substantial materials, making them ideal for heavy-duty environments. Their ability to maneuver and lift heavy loads with precision and reliability has solidified their position as the preferred solution in industries where efficiency and safety are paramount. By Lifting Capacity: The "Up to 5 Ton" segment held a market share of over 42% in 2023. Cranes used for light to medium lifting tasks are commonly found in manufacturing, warehouses, and logistics environments due to their affordability and versatility. These cranes are particularly suited for everyday applications, including material handling, assembly, and the transportation of small equipment. Their ability to handle moderate loads with ease makes them invaluable in operations where efficiency and cost-effectiveness are key. As industries seek to optimize workflows and reduce operational costs, the demand for these cranes continues to grow. They are appreciated not only for their lower initial investment but also for their operational efficiency, helping businesses increase productivity while maintaining safety and reliability in tasks such as lifting and moving materials. Overhead Cranes Market Key Segmentation: By Type Gantry Cranes Jib Cranes Bridge Cranes Others By Lifting Capacity Up to 5 Ton 6-10 Ton 11-50 Ton More Than 50 Ton By End Use Industry Manufacturing Automotive and Transportation Construction Metal and Mining Power and Utilities Ports and Shipyards Others Do you have any specific queries on Overhead Cranes Market, Request an Analyst Call Now@ https://www.snsinsider.com/request-analyst/1132 Asia-Pacific Dominates Overhead Cranes Market in 2023, While North America Poised for Fastest Growth The Asia-Pacific region led the Overhead Cranes Market in 2023, accounting for more than 36% of the market share. The growth of the overhead cranes market in the Asia-Pacific region is primarily fueled by the ongoing industrialization in countries such as China, India, Japan, and South Korea. The expansion of infrastructure projects, along with the growth of the logistics and manufacturing sectors in these nations, is driving the demand for overhead cranes. Additionally, the region's large number of crane manufacturers and cost-effective production capabilities make Asia-Pacific a key hub for both the production and consumption of overhead cranes on a global scale. North America is expected to witness the fastest growth in the coming years. The growing industrial activities, especially in automotive manufacturing, aerospace, and construction, are fueling the demand for advanced overhead crane systems. In North America, the incorporation of smart sensors, IoT technology, and energy-efficient solutions into crane systems is increasingly common, improving both operational efficiency and safety. Additionally, the continuous modernization of existing crane systems in the region is further driving market growth. Recent Developments In June 2024: Liebherr's factory in Ehingen, Germany, expanded its product lineup with the introduction of the world's most powerful 6-axle crane: the new LTM 1400-6.1. Featuring a 70-meter telescopic boom, this crane is designed for easy and efficient setup processes. The LTM 1400-6.1 succeeds the highly regarded and successful LTM 1350-6.1. In February 2023: Weihua introduced a Smart Manager System for crane lifting operations, marking the beginning of a new era of digitalization and safety advancements in the lifting industry. This system enables users to eliminate hidden risks and achieve enhanced efficiency with added value. Buy a Single-User PDF of Overhead Cranes Market Research Report 2024-2032@ https://www.snsinsider.com/checkout/1132 Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Overhead Cranes Market Segmentation, By Type 8. Overhead Cranes Market Segmentation, By Lifting Capacity 9. Overhead Cranes Market Segmentation, By End Use Industry 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion Access Complete Report Details of Overhead Cranes Market Analysis & Outlook Study 2024-2032@ https://www.snsinsider.com/reports/overhead-cranes-market-1132 [For more information or need any customization research mail us at info@snsinsider.com] About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.NEW YORK (AP) — Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. The financial services company Lazard, where Parsons was a longtime board member, confirmed his death. The NBA, where Parsons was interim CEO of the Los Angeles Clippers in 2014, was among organizations offering condolences. “Dick Parsons was a brilliant and transformational leader and a giant of the media industry who led with integrity and never shied away from a challenge,” NBA Commissioner Adam Silver said. Parsons’ friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder's company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Parsons, a Brooklyn native who started college at 16, was named chairman of Citigroup in 2009, one month after leaving Time Warner Inc., where he helped restore the company’s stature following its much-maligned acquisition by internet provider America Online Inc. He steered Citigroup back to profit after financial turmoil from the subprime mortgage crisis, which upended the economy in 2007 and 2008. Parsons was named to the board of CBS in September 2018 but resigned a month later because of illness. Parsons said in a statement at the time that he was already dealing with multiple myeloma when he joined the board, but “unanticipated complications have created additional new challenges.” He said his doctors advised him to cut back on his commitments to ensure recovery. “Dick’s storied career embodied the finest traditions of American business leadership,” Lazard said in a statement. The company, where Parsons was a board member from 2012 until this month, praised his “unmistakable intelligence and his irresistible warmth.” “Dick was more than an iconic leader in Lazard’s history — he was a testament to how wisdom, warmth, and unwavering judgment could shape not just companies, but people’s lives,” the company said. “His legacy lives on in the countless leaders he counseled, the institutions he renewed, and the doors he opened for others.” Parsons was known as a skilled negotiator, a diplomat and a crisis manager. Although he was with Time Warner through its difficulties with AOL, he earned respect for the company and rebuilt its relations with Wall Street. He streamlined Time Warner’s structure, pared debt and sold Warner Music Group and a book publishing division. He also fended off a challenge from activist investor Carl Icahn in 2006 to break up the company and helped Time Warner reach settlements with investors and regulators over questionable accounting practices at AOL. Parsons joined Time Warner as president in 1995 after serving as chairman and chief executive of Dime Bancorp Inc., one of the largest U.S. thrift institutions. In 2001, after AOL used its fortunes as the leading provider of Internet access in the U.S. to buy Time Warner for $106 billion in stock, Parsons became co-chief operating officer with AOL executive Robert Pittman. In that role, he was in charge of the company’s content businesses, including movie studios and recorded music. He became CEO in 2002 with the retirement of Gerald Levin, one of the key architects of that merger. Parsons was named Time Warner chairman the following year, replacing AOL founder Steve Case, who had also championed the combination. The newly formed company’s Internet division quickly became a drag on Time Warner. The promised synergies between traditional and new media never materialized. AOL began seeing a reduction in subscribers in 2002 as Americans replaced dial-up connections with broadband from cable TV and phone companies. Parsons stepped down as CEO in 2007 and as chairman in 2008. A year later AOL split from Time Warner and began trading as a separate company, following years of struggles to reinvent itself as a business focused on advertising and content. Time Warner is now owned by AT&T Inc. A board member of Citigroup and its predecessor, Citibank, since 1996, Parsons was named chairman in 2009 at a time of turmoil for the financial institution. Citigroup had suffered five straight quarters of losses and received $45 billion in government aid. Its board had been criticized for allowing the bank to invest so heavily in the risky housing market. Citigroup returned to profit under Parsons, starting in 2010, and would not have a quarterly loss again until the fourth quarter of 2017. Parsons retired from that job in 2012. In 2014 he stepped in as interim CEO of the Clippers until Microsoft CEO Steve Ballmer took over later that year. Parsons, a Republican, previously worked as a lawyer for Nelson Rockefeller, a former Republican governor of New York, and in Gerald Ford’s White House. Those early stints gave him grounding in politics and negotiations. He also was an economic adviser on President Barack Obama’s transition team. Parsons, who loved jazz and co-owned a Harlem jazz club, also served as Chairman of the Apollo Theater and the Jazz Foundation of America. And he held positions on the boards of the Smithsonian National Museum of African American History and Culture, the American Museum of Natural History and the Museum of Modern Art in New York City. Parsons played basketball at the University of Hawaii at Manoa and received his law degree from Albany Law School in 1971. He is survived by his wife, Laura, and their family. ___ This obituary was primarily written by the late Associated Press reporter Anick Jesdanun, who died in 2020 .slot game free spins no deposit 。

FORT WORTH, Texas -- Navy quarterback Blake Horvath had a 95-yard touchdown run, the longest in school history, in the Armed Forces Bowl against Oklahoma on Friday. Horvath's score with 3:49 left in the third quarter tied the game at 14-14. The previous record for the Midshipmen came during the Roger Staubach era, when Johnny Sai had a 93-yard run against Duke in 1963. After faking a handoff, Horvath ran straight up the middle into the open field. Brandon Chatman cut off a pursing defender around the Sooners 20 and by time cornerback Woodi Washington was able to catch up, Horvath stretched the ball over the goal line while going down — though he was initially ruled short before a replay review resulted in the touchdown. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football