The ACE (Action Construction Equipment) tower crane market is quite prominent in India, as ACE is one of the leading manufacturers of construction and material handling equipment in the country. The demand for ACE tower cranes is driven by the booming infrastructure sector, including residential, commercial, and industrial construction projects.
Here are some key insights into the ACE tower crane market:
- Wide Range of Products: ACE offers a variety of tower cranes with different capacities, ranging from smaller models suitable for mid-rise buildings to larger cranes for high-rise constructions. Their models typically include cranes with capacities ranging from 5 MT to over 16 MT, catering to diverse construction needs.
- Popularity in Indian Market: ACE tower cranes are widely used in India due to their cost-effectiveness, ease of maintenance, and availability of spare parts. They compete with international brands like Potain, Liebherr, and Zoomlion by offering lower prices while maintaining reliable performance.
- Growing Demand: With rapid urbanization, smart city projects, and government initiatives such as “Make in India,” there is a significant increase in demand for tower cranes, especially from infrastructure and real estate developers. ACE benefits from this demand due to its well-established local presence.
- Rental Market: In the Indian construction equipment rental market, ACE cranes are highly sought after because of their affordability and the company’s widespread service network. Rental companies often opt for ACE cranes as they offer a good return on investment.
- Competition: While ACE holds a strong position, it faces competition from global brands offering more advanced features and higher reliability. However, ACE continues to attract buyers who prioritize cost-efficiency over high-end technology.
- Resale Market: ACE tower cranes also have a steady presence in the second-hand or resale market. Companies involved in the buying and selling of used tower cranes, like TYB Infra Solutions, often trade in ACE cranes, given their widespread usage and demand.
- Support and Service: ACE provides extensive after-sales service and spare parts availability, which is a critical factor in its popularity. This support network makes it easier for contractors and rental companies to maintain and operate these cranes over long periods.
The ACE tower crane market is growing in tandem with the overall construction industry, and the brand remains a trusted choice for many Indian contractors and infrastructure developers.