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Mobile Crane Market Growth Opportunities and Market Forecast 2025-2033: A Strategic Analysis

Mobile Crane Market by Type (All Terrain Crane, Crawler Crane, Rough Terrain Crane, Truck Loader Crane), by Application (Construction & Mining, Utility, Manufacturing, Transport/Shipping, Oil and Gas/Energy), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Russia), by Asia Pacific (China, India, Japan, South Korea), by Latin America (Brazil, Mexico), by MEA (Saudi Arabia, UAE, South Africa) Forecast 2025-2033

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Mobile Crane Market Growth Opportunities and Market Forecast 2025-2033: A Strategic Analysis

Key Insights

The size of the Mobile Crane Market was valued at USD 15 Billion in 2023 and is projected to reach USD 21.11 Billion by 2032, with an expected CAGR of 5% during the forecast period. The Mobile Crane Market centers on the manufacturing, selling, and utilization of cranes mounted on mobile bases like trucks, trailers, or crawlers, facilitating easy transport and adaptability in lifting and relocating heavy loads. Mobile cranes are commonly utilized in diverse sectors such as construction, mining, oil and gas, shipping, and infrastructure development, owing to their capability to swiftly transition between job sites and execute various lifting operations. The market is propelled by the rising need for adaptable and efficient machinery in extensive construction projects, urban growth, and infrastructure advancement. Moreover, technological improvements like the incorporation of telematics, better safety features, and increased lifting capacities are driving market expansion. The increasing focus on safety standards, environmental regulations, and operational efficiency in the construction and industrial fields is contributing to the rise in the use of mobile cranes. With the ongoing expansion of global construction and industrial sectors, the Mobile Crane Market is anticipated to see considerable growth, fueled by the demand for more efficient and dependable lifting options.

Mobile Crane Market Research Report - Market Size, Growth & Forecast

Mobile Crane Market Concentration & Characteristics

The mobile crane market is fragmented with a large number of players. However, the top 5 players account for a significant share of the market. The market is characterized by innovation, with manufacturers constantly introducing new features and technologies to their cranes. Regulations and product substitutes also play a role in shaping the market landscape. End user concentration and the level of M&A activity are moderate.

Mobile Crane Market Trends

Increasing demand for mobile cranes in construction and mining: The construction and mining industries are major users of mobile cranes. The growing demand for these industries is expected to drive the growth of the mobile crane market.

Rising investment in infrastructure projects: Governments around the world are investing heavily in infrastructure projects, such as roads, bridges, and airports. This investment is expected to create a strong demand for mobile cranes.

Growing adoption of rental services: The rental market for mobile cranes is growing rapidly. This is due to the increasing flexibility and cost-effectiveness of renting cranes over purchasing them.

Technological advancements: Manufacturers are constantly introducing new technologies to their mobile cranes, such as telematics, remote control, and load-moment indicators. These advancements are making mobile cranes more efficient and safer to operate.

Mobile Crane Market Growth

Key Region or Country & Segment to Dominate the Market

Key region: Asia Pacific is the largest market for mobile cranes, followed by North America and Europe. The growing construction and mining industries in Asia Pacific are driving the demand for mobile cranes in the region.

Key segment: Crawler cranes are the largest segment of the mobile crane market, followed by all-terrain cranes and rough terrain cranes. Crawler cranes are used in a wide range of applications, including construction, mining, and infrastructure projects.

Mobile Crane Market Product Insights Report Coverage & Deliverables

The report provides a comprehensive overview of the mobile crane market, including market size, market share, and growth forecasts. The report also includes an analysis of the market by type, application, and region. The report is delivered in a PDF format and includes a PowerPoint presentation for easy sharing.

Mobile Crane Market Analysis

The mobile crane market is expected to grow at a CAGR of 5% over the forecast period. The market is driven by the growing demand for mobile cranes in construction and mining, the rising investment in infrastructure projects, and the growing adoption of rental services. The Asia Pacific region is the largest market for mobile cranes, followed by North America and Europe. Crawler cranes are the largest segment of the mobile crane market, followed by all-terrain cranes and rough terrain cranes.

Mobile Crane Market Regional Insights

North America: The mobile crane market in North America is expected to grow at a CAGR of 4% over the forecast period. The market is driven by the growing construction industry and the rising investment in infrastructure projects. The United States is the largest market in North America, followed by Canada.

Europe: The mobile crane market in Europe is expected to grow at a CAGR of 3% over the forecast period. The market is driven by the growing construction industry and the rising investment in renewable energy projects. Germany is the largest market in Europe, followed by France and the United Kingdom.

Asia Pacific: The mobile crane market in Asia Pacific is expected to grow at a CAGR of 6% over the forecast period. The market is driven by the growing construction and mining industries in the region. China is the largest market in Asia Pacific, followed by India and Japan.

Driving Forces: What's Propelling the Mobile Crane Market

  • Growing demand for mobile cranes in construction and mining
  • Rising investment in infrastructure projects
  • Growing adoption of rental services
  • Technological advancements

Challenges and Restraints in Mobile Crane Market

  • High cost of mobile cranes
  • Lack of skilled operators
  • Regulatory restrictions
  • Competition from other types of lifting equipment

Emerging Trends in Mobile Crane Market

  • Telematics and remote control
  • Load-moment indicators
  • Hybrid and electric mobile cranes

Mobile Crane Industry News

  • Manitowoc launches new crawler crane
  • Liebherr unveils new all-terrain crane
  • Zoomlion acquires Terex Cranes

Leading Players in the Mobile Crane Market

  • Terex Corporation
  • Kobelco Construction Machinery Co., Ltd
  • Palfinger AG
  • Tadano Ltd
  • SANY Group
  • Zoomlion Heavy Industries Science and Technology Co., Ltd
  • Manitowoc
  • Manitex, Inc.
  • Liebherr Group
  • LiuGong Machinery Co., Ltd
  • Kato Works Co., Ltd

Mobile Crane Market Segmentation

  • 1. Type
    • 1.1. All Terrain Crane
    • 1.2. Crawler Crane
    • 1.3. Rough Terrain Crane
    • 1.4. Truck Loader Crane
  • 2. Application
    • 2.1. Construction & Mining
    • 2.2. Utility
    • 2.3. Manufacturing
    • 2.4. Transport/Shipping
    • 2.5. Oil and Gas/Energy

Mobile Crane Market Segmentation By Geography

  • 1. North America
    • 1.1. U.S.
    • 1.2. Canada
  • 2. Europe
    • 2.1. UK
    • 2.2. Germany
    • 2.3. France
    • 2.4. Italy
    • 2.5. Russia
  • 3. Asia Pacific
    • 3.1. China
    • 3.2. India
    • 3.3. Japan
    • 3.4. South Korea
  • 4. Latin America
    • 4.1. Brazil
    • 4.2. Mexico
  • 5. MEA
    • 5.1. Saudi Arabia
    • 5.2. UAE
    • 5.3. South Africa

Mobile Crane Market Regional Share

Mobile Crane Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 5% from 2019-2033
Segmentation
    • By Type
      • All Terrain Crane
      • Crawler Crane
      • Rough Terrain Crane
      • Truck Loader Crane
    • By Application
      • Construction & Mining
      • Utility
      • Manufacturing
      • Transport/Shipping
      • Oil and Gas/Energy
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Latin America
      • Brazil
      • Mexico
    • MEA
      • Saudi Arabia
      • UAE
      • South Africa
Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Increase in global construction spending
        • 3.2.2 Growing popularity of telematics-enabled cranes
        • 3.2.3 High growth of transportation & logistics industry in North America and Europe
        • 3.2.4 Increasing equipment rental demand in Asia and Europe
        • 3.2.5 Growth of Brazilian construction industry
        • 3.2.6 Increasing demand for mobile cranes from energy sector in MEA
      • 3.3. Market Restrains
        • 3.3.1 High initial purchase & maintenance costs
        • 3.3.2 Limited availability of skilled operators
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. All Terrain Crane
      • 5.1.2. Crawler Crane
      • 5.1.3. Rough Terrain Crane
      • 5.1.4. Truck Loader Crane
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Construction & Mining
      • 5.2.2. Utility
      • 5.2.3. Manufacturing
      • 5.2.4. Transport/Shipping
      • 5.2.5. Oil and Gas/Energy
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. North America
      • 5.3.2. Europe
      • 5.3.3. Asia Pacific
      • 5.3.4. Latin America
      • 5.3.5. MEA
  6. 6. North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Type
      • 6.1.1. All Terrain Crane
      • 6.1.2. Crawler Crane
      • 6.1.3. Rough Terrain Crane
      • 6.1.4. Truck Loader Crane
    • 6.2. Market Analysis, Insights and Forecast - by Application
      • 6.2.1. Construction & Mining
      • 6.2.2. Utility
      • 6.2.3. Manufacturing
      • 6.2.4. Transport/Shipping
      • 6.2.5. Oil and Gas/Energy
  7. 7. Europe Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Type
      • 7.1.1. All Terrain Crane
      • 7.1.2. Crawler Crane
      • 7.1.3. Rough Terrain Crane
      • 7.1.4. Truck Loader Crane
    • 7.2. Market Analysis, Insights and Forecast - by Application
      • 7.2.1. Construction & Mining
      • 7.2.2. Utility
      • 7.2.3. Manufacturing
      • 7.2.4. Transport/Shipping
      • 7.2.5. Oil and Gas/Energy
  8. 8. Asia Pacific Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Type
      • 8.1.1. All Terrain Crane
      • 8.1.2. Crawler Crane
      • 8.1.3. Rough Terrain Crane
      • 8.1.4. Truck Loader Crane
    • 8.2. Market Analysis, Insights and Forecast - by Application
      • 8.2.1. Construction & Mining
      • 8.2.2. Utility
      • 8.2.3. Manufacturing
      • 8.2.4. Transport/Shipping
      • 8.2.5. Oil and Gas/Energy
  9. 9. Latin America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Type
      • 9.1.1. All Terrain Crane
      • 9.1.2. Crawler Crane
      • 9.1.3. Rough Terrain Crane
      • 9.1.4. Truck Loader Crane
    • 9.2. Market Analysis, Insights and Forecast - by Application
      • 9.2.1. Construction & Mining
      • 9.2.2. Utility
      • 9.2.3. Manufacturing
      • 9.2.4. Transport/Shipping
      • 9.2.5. Oil and Gas/Energy
  10. 10. MEA Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Type
      • 10.1.1. All Terrain Crane
      • 10.1.2. Crawler Crane
      • 10.1.3. Rough Terrain Crane
      • 10.1.4. Truck Loader Crane
    • 10.2. Market Analysis, Insights and Forecast - by Application
      • 10.2.1. Construction & Mining
      • 10.2.2. Utility
      • 10.2.3. Manufacturing
      • 10.2.4. Transport/Shipping
      • 10.2.5. Oil and Gas/Energy
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 Terex Corporation
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Kobelco Construction Machinery Co. Ltd
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Palfinger AG
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Tadano Ltd
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 SANY Group
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Zoomlion Heavy Industries Science and Technology Co. Ltd
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Manitowoc
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Manitex Inc.
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Liebherr Group
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 LiuGong Machinery Co. Ltd
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Kato Works Co. Ltd.
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Mobile Crane Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
  2. Figure 2: North America Mobile Crane Market Revenue (Billion), by Type 2024 & 2032
  3. Figure 3: North America Mobile Crane Market Revenue Share (%), by Type 2024 & 2032
  4. Figure 4: North America Mobile Crane Market Revenue (Billion), by Application 2024 & 2032
  5. Figure 5: North America Mobile Crane Market Revenue Share (%), by Application 2024 & 2032
  6. Figure 6: North America Mobile Crane Market Revenue (Billion), by Country 2024 & 2032
  7. Figure 7: North America Mobile Crane Market Revenue Share (%), by Country 2024 & 2032
  8. Figure 8: Europe Mobile Crane Market Revenue (Billion), by Type 2024 & 2032
  9. Figure 9: Europe Mobile Crane Market Revenue Share (%), by Type 2024 & 2032
  10. Figure 10: Europe Mobile Crane Market Revenue (Billion), by Application 2024 & 2032
  11. Figure 11: Europe Mobile Crane Market Revenue Share (%), by Application 2024 & 2032
  12. Figure 12: Europe Mobile Crane Market Revenue (Billion), by Country 2024 & 2032
  13. Figure 13: Europe Mobile Crane Market Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Asia Pacific Mobile Crane Market Revenue (Billion), by Type 2024 & 2032
  15. Figure 15: Asia Pacific Mobile Crane Market Revenue Share (%), by Type 2024 & 2032
  16. Figure 16: Asia Pacific Mobile Crane Market Revenue (Billion), by Application 2024 & 2032
  17. Figure 17: Asia Pacific Mobile Crane Market Revenue Share (%), by Application 2024 & 2032
  18. Figure 18: Asia Pacific Mobile Crane Market Revenue (Billion), by Country 2024 & 2032
  19. Figure 19: Asia Pacific Mobile Crane Market Revenue Share (%), by Country 2024 & 2032
  20. Figure 20: Latin America Mobile Crane Market Revenue (Billion), by Type 2024 & 2032
  21. Figure 21: Latin America Mobile Crane Market Revenue Share (%), by Type 2024 & 2032
  22. Figure 22: Latin America Mobile Crane Market Revenue (Billion), by Application 2024 & 2032
  23. Figure 23: Latin America Mobile Crane Market Revenue Share (%), by Application 2024 & 2032
  24. Figure 24: Latin America Mobile Crane Market Revenue (Billion), by Country 2024 & 2032
  25. Figure 25: Latin America Mobile Crane Market Revenue Share (%), by Country 2024 & 2032
  26. Figure 26: MEA Mobile Crane Market Revenue (Billion), by Type 2024 & 2032
  27. Figure 27: MEA Mobile Crane Market Revenue Share (%), by Type 2024 & 2032
  28. Figure 28: MEA Mobile Crane Market Revenue (Billion), by Application 2024 & 2032
  29. Figure 29: MEA Mobile Crane Market Revenue Share (%), by Application 2024 & 2032
  30. Figure 30: MEA Mobile Crane Market Revenue (Billion), by Country 2024 & 2032
  31. Figure 31: MEA Mobile Crane Market Revenue Share (%), by Country 2024 & 2032
List of Tables
  1. Table 1: Global Mobile Crane Market Revenue Billion Forecast, by Region 2019 & 2032
  2. Table 2: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  3. Table 3: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  4. Table 4: Global Mobile Crane Market Revenue Billion Forecast, by Region 2019 & 2032
  5. Table 5: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  6. Table 6: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  7. Table 7: Global Mobile Crane Market Revenue Billion Forecast, by Country 2019 & 2032
  8. Table 8: U.S. Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  9. Table 9: Canada Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  10. Table 10: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  11. Table 11: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  12. Table 12: Global Mobile Crane Market Revenue Billion Forecast, by Country 2019 & 2032
  13. Table 13: UK Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  14. Table 14: Germany Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  15. Table 15: France Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  16. Table 16: Italy Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  17. Table 17: Russia Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  18. Table 18: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  19. Table 19: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  20. Table 20: Global Mobile Crane Market Revenue Billion Forecast, by Country 2019 & 2032
  21. Table 21: China Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  22. Table 22: India Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  23. Table 23: Japan Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  24. Table 24: South Korea Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  25. Table 25: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  26. Table 26: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  27. Table 27: Global Mobile Crane Market Revenue Billion Forecast, by Country 2019 & 2032
  28. Table 28: Brazil Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  29. Table 29: Mexico Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  30. Table 30: Global Mobile Crane Market Revenue Billion Forecast, by Type 2019 & 2032
  31. Table 31: Global Mobile Crane Market Revenue Billion Forecast, by Application 2019 & 2032
  32. Table 32: Global Mobile Crane Market Revenue Billion Forecast, by Country 2019 & 2032
  33. Table 33: Saudi Arabia Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  34. Table 34: UAE Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032
  35. Table 35: South Africa Mobile Crane Market Revenue (Billion) Forecast, by Application 2019 & 2032

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