Global Tower Crane Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Tower Crane market size will reach 3,441.87 Million USD in 2025 and is projected to reach 2,899.48 Million USD by 2032, with a CAGR of -2.42% (2025-2032). Notably, the China Tower Crane market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

A tower crane is a large, fixed construction crane typically used in the construction of tall buildings and structures. This type of crane is characterized by its towering vertical steel frame, which supports a horizontal jib (or boom) and a lifting mechanism. Tower cranes are commonly seen on construction sites where heavy lifting and precise placement of building materials are required. They play a crucial role in the assembly of skyscrapers and other tall structures. The jib of the tower crane can be raised or lowered, and the crane＇s hook can move horizontally along the length of the jib. Additionally, tower cranes often have a counterweight system to maintain stability. Tower cranes are known for their impressive lifting capacity and reach, making them essential for efficiently moving heavy loads to various heights during the construction process.

The major global  manufacturers of Tower Crane include XCMG, Liebherr, Manitowoc, Zoomlion, SANY, Terex, DAHAN, Fushun Yongmao, Comansa, FAVCO, Zhejiang Construction Machinery, SCM, Fangyuan Group, Huaxia, Guangxi Construction, Saez, Wolffkran, HKTC, Jost, Raimondi, Jaso, FM Gru, Wilbert, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Tower Crane. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Tower Crane market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Tower Crane market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Tower Crane industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Tower Crane Include:

XCMG

Liebherr

Manitowoc

Zoomlion

SANY

Terex

DAHAN

Fushun Yongmao

Comansa

FAVCO

Zhejiang Construction Machinery

SCM

Fangyuan Group

Huaxia

Guangxi Construction

Saez

Wolffkran

HKTC

Jost

Raimondi

Jaso

FM Gru

Wilbert

Tower Crane Product Segment Include:

Self-erecting Tower Cranes

Flat Top Tower Cranes

Hammerhead Tower Cranes

Luffing Jib Tower Cranes

Tower Crane Product Application Include:

Dam Building

Bridge Building

Shipyards

Power Plants

High Rise Buildings

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Tower Crane Industry PESTEL Analysis

Chapter 3: Global Tower Crane Industry Porter's Five Forces Analysis

Chapter 4: Global Tower Crane Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Tower Crane Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Tower Crane Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Tower Crane Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources