
Europe Crane Market Report and Forecast 2025-2034
Description
The Europe crane market reached around USD 13.50 Billion in 2024. The market is projected to grow at a CAGR of 3.80% between 2025 and 2034 to reach nearly USD 19.60 Billion by 2034.
Europe Crane Market Growth
The European Union is the largest trading block worldwide. Despite having 5% of the global population, it contributes over 14% in terms of economic value addition to the global GDP. Maritime transport is a key facilitator and driver of Europe’s economic growth, since nearly 3/4ths of all international commerce from the EU is carried out by sea. In Q3 2023, nearly 500.06 million tons of goods were loaded on EU ports, while 306.89 million tons of goods were unloaded. Nearly 806.95 million tons of goods were meant for national transportation, while 481 million tons of goods were meant for international transportation. This is expected to drive the demand for extremely flexible and adaptable quay cranes that can handle port cargo easily and efficiently.
The Machinery Directive of 2006 is expected to be revised and updated by the European Machinery Regulations by 2027. This is expected to lead to the incorporation of site safety management practices into the standard sizes of mobile cranes to ensure sustained demand for the product by the construction industry. This can include suggestions to prevent the risks associated with a crane’s contact with overhead electricity wires and the provision of adequate occupational safety measures.
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Europe Crane Industry Segmentation
Europe Crane Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Mobility:
Static
Mobile
Market Breakup by Type:
Overhead Travelling Crane
Transporter Crane
Gantry Crane
Bridge Crane
Tower Crane
Others
Market Breakup by Sales Channel:
OEM
Aftermarket
Market Breakup by Country:
United Kingdom
Germany
France
Italy
Others
Europe Crane Market Share
Based on type, the market is segmented into overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, and tower cranes, among others. Over the forecast period of 2025-2034, tower cranes are expected to grow at a CAGR of 4.3% due to their increasing applications in the construction sector for handling heavy loads.
Leading Companies in the Europe Crane Market
Major European crane manufacturers are introducing new crawler cranes with powerful engines that can lift nearly 75 million tons of weight and are easy to operate and maintain.
Liebherr Group GmbH
Konecranes Plc
Terex Corporation
Fassi Gru S.p.A.
The Manitowoc Company Inc.
Gorbel Inc.
Buckner Heavylift Cranes, LLC
Palfinger AG,
Tadano Ltd.
Broderson Manufacturing Corp.
Others
Europe Crane Market Growth
The European Union is the largest trading block worldwide. Despite having 5% of the global population, it contributes over 14% in terms of economic value addition to the global GDP. Maritime transport is a key facilitator and driver of Europe’s economic growth, since nearly 3/4ths of all international commerce from the EU is carried out by sea. In Q3 2023, nearly 500.06 million tons of goods were loaded on EU ports, while 306.89 million tons of goods were unloaded. Nearly 806.95 million tons of goods were meant for national transportation, while 481 million tons of goods were meant for international transportation. This is expected to drive the demand for extremely flexible and adaptable quay cranes that can handle port cargo easily and efficiently.
The Machinery Directive of 2006 is expected to be revised and updated by the European Machinery Regulations by 2027. This is expected to lead to the incorporation of site safety management practices into the standard sizes of mobile cranes to ensure sustained demand for the product by the construction industry. This can include suggestions to prevent the risks associated with a crane’s contact with overhead electricity wires and the provision of adequate occupational safety measures.
{{IS_MAP}}
Europe Crane Industry Segmentation
Europe Crane Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Mobility:
Static
Mobile
Market Breakup by Type:
Overhead Travelling Crane
Transporter Crane
Gantry Crane
Bridge Crane
Tower Crane
Others
Market Breakup by Sales Channel:
OEM
Aftermarket
Market Breakup by Country:
United Kingdom
Germany
France
Italy
Others
Europe Crane Market Share
Based on type, the market is segmented into overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, and tower cranes, among others. Over the forecast period of 2025-2034, tower cranes are expected to grow at a CAGR of 4.3% due to their increasing applications in the construction sector for handling heavy loads.
Leading Companies in the Europe Crane Market
Major European crane manufacturers are introducing new crawler cranes with powerful engines that can lift nearly 75 million tons of weight and are easy to operate and maintain.
Liebherr Group GmbH
Konecranes Plc
Terex Corporation
Fassi Gru S.p.A.
The Manitowoc Company Inc.
Gorbel Inc.
Buckner Heavylift Cranes, LLC
Palfinger AG,
Tadano Ltd.
Broderson Manufacturing Corp.
Others
Table of Contents
112 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Crane Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Crane Historical Market (2018-2024)
- 5.3 Global Crane Market Forecast (2025-2034)
- 5.4 Global Crane Market Breakup by Region
- 5.4.1 Europe
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Europe Crane Market Overview
- 6.1 Key Industry Highlights
- 6.2 Europe Crane Historical Market (2018-2024)
- 6.3 Europe Crane Market Forecast (2025-2034)
- 7 Europe Crane Market by Mobility
- 7.1 Static
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Mobile
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 Europe Crane Market by Type
- 8.1 Overhead Travelling Crane
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Transporter Crane
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Gantry Crane
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Bridge Crane
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Tower Crane
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Europe Crane Market by Sales Channel
- 9.1 OEM
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Aftermarket
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Europe Crane Market by Country
- 10.1 United Kingdom
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Germany
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 France
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Italy
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Liebherr Group GmbH
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Konecranes Plc
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Terex Corporation
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Fassi Gru S.p.A
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 The Manitowoc Company Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Gorbel Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Buckner Heavylift Cranes, LLC
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Palfinger AG
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Tadano Ltd.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Broderson Manufacturing Corp.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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