The 2022 Report on Manufacturing Overhead Traveling Cranes, Hoists, and Monorail Systems: World Market Segmentation by City
- July 2021 •
- 525 pages •
- Report ID: 6119475 •
- Format: PDF
This study covers manufacturing overhead traveling cranes, hoists, and monorail systems as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").
The NAICS code for manufacturing overhead traveling cranes, hoists, and monorail systems is 333923. It is for this definition that aggregate latent demand estimates are derived. Manufacturing overhead traveling cranes, hoists, and monorail systems is specifically defined as follows:
333923 This U.S. industry comprises establishments primarily engaged in manufacturing overhead traveling cranes, hoists, and monorail systems.
333923M Miscellaneous receipts
333923P Primary products
333923S Secondary products
3339233 Overhead traveling cranes and monorail systems
3339237 Winches, aerial work platforms, and automotive wrecker hoists
333923SM Secondary products and miscellaneous receipts
33392311 Complete hoists
33392312 Parts and attachments for hoists (sold separately)
This study covers the world outlook for manufacturing overhead traveling cranes, hoists, and monorail systems across more than 2,000 cities. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the city in question (in millions of U.S. dollars), the percent share the city is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities of the world). This study gives, however, Professor Parker’s estimates for the worldwide latent demand, or the P.I.E., for manufacturing overhead traveling cranes, hoists, and monorail systems. It also shows how the P.I.E. is divided across the world’s cities. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.