Research and Analysis of Development Status of International Crane Market in 2012

In recent years, as the economies of Sweden, Norway and Finland have eased, the government has increased its support for the construction industry, and more and more renewable energy, oil and gas resources and infrastructure projects have been launched. Crane companies expect that the economic crisis in Europe will not break their record of continuous growth.

As the economic growth rate in the Nordic region is higher than the average value in the European Union, various projects have been launched. "Insurance Insight" reported that since the spring of last year, the Nordic region construction projects have provided large-scale loans and investment opportunities. "Sweden's growth was the largest, reaching 4.4%, followed by Finland's 2.4% and Denmark's 2%, fully demonstrating the good momentum of economic growth."

The economic situation in the Nordic region is stable, the government debt is lower than other EU countries, and enterprises are full of confidence in regional economic growth. Since Sweden, Norway and Denmark do not use the euro, they are less affected by the economic fluctuations in the euro zone.

The European Union's official statistical agency, Eurostat, collects building statistics. The Eurostat's building production index is based on the proportion of changes in the amount of construction work in different EU countries.

Sweden is the country with the highest building production index in the Nordic countries. It reached 139.65 in the second quarter of 2011, followed by Finland’s 129.37. Sweden and Finland are the countries with the highest building production index in the quarter since 2009. Followed by Norway's 106.7 and Denmark's 77.3.

The productivity of buildings in the Nordic region is higher than the EU average, slightly higher than that of Germany and Turkey, and it is only lower than rocketing productivity in Balkans such as Poland, Romania and Montenegro.

The construction level of the Nordic countries has withstood the impact of the 2008 financial crisis and has typical rapid recovery capabilities. "The V-shaped curve, which has rapidly rebounded after a sharp decline, indicates its ability to recover quickly, such as Finland, Sweden, Norway, Germany and Poland."

Since construction costs depend on investment from EU countries, many Baltic countries with active Scandinavian leasing companies have slowed recovery after the 2008 economic crisis.

Nordic Markets Scandinavia is a region with poor weather. There are more months of work stoppages in winter, and the low temperature makes it difficult for cement to harden. Therefore, it is necessary to consider the transport of prefabricated components, but this can be dealt with by many companies.

Stefan Bohlin is the manager of the mobile crane business of the Swedish leasing company Lambertsson Sverige AB. The company leases all-terrain cranes and on-board cranes with three brands (WBM Hyrkranar, Ralling and Bararelaget Krancente). Lambertsson's parent company is Peab, an architectural company active in Sweden, Norway and Finland.

Bohlin said: We have 60 30t to 300t all-terrain cranes and 10 29tm to 150tm truck cranes. The rental scope of these cranes covers the area from Stockholm to Malmö.

“Lambertsson has about 300 tower cranes in Sweden, Norway and Finland. We currently also rent cranes from the Netherlands, Germany and Denmark for the Norwegian and Swedish markets.”

Lambertsson’s success in 2011 attested to the stability of the Nordic economy throughout the financial crisis. This year is a good year for us. We experienced a slight decline in 2009, but in 2010 it grew quite well.

"The Swedish government has done a good job in the past five years, so the economic situation in Sweden is very good. If compared with other countries, the construction work here is a matter of urgency, but it is still unclear how it will be next year."

He added: "As we all know, Sweden is not in the euro zone, but it is still in the EU. This is the reason. Look at Norway again. There is oil there, and it is not in the EU."

With a good economic situation, mobile crane leasing companies have expanded significantly. Bohlin said: "Sweden's mobile crane leasing company is growing and it has acquired a number of small crane companies. The number of small companies is getting less and less."

Bohlin goes on to say: In terms of tower cranes, I think the market has been fluctuating over the past 25 years. Since opening offices in Sweden and Norway, Lambertsson has invested in the purchase of a new Potain crane since 2004.

"In the early stages, we invested large sums of money to purchase large Linden used cranes. Construction companies like Skanska have their own cranes. The NCC has sold its own cranes and currently rents cranes from our rental companies like us. Ours The parent company Peab is the largest construction company in Sweden today."