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Global Crane Rental Market Size Study, by Type (Mobile, Fixed), by End Use Industries (Building & Construction, Oil & Gas, Marine & Offshore, Mining & Excavation, Transportation), by Weightlifting Capacity (Low, Low-Medium, Heavy, Extreme Heavy), and Regi

Publisher Factview Research
Published Jun 27, 2025
Length 285 Pages
SKU # FAVR20179506

Description

The Global Crane Rental Market, valued at approximately USD 50.5 billion in 2024, is projected to witness (CAGR) of 5.50% over the forecast period from 2024 to 2034. Crane rentals have become indispensable in industries such as construction, oil and gas, and transportation, offering flexibility and cost-efficiency for large-scale projects. This market thrives on providing tailored lifting solutions with a diverse range of crane types designed to meet specific project requirements. The increasing focus on infrastructure development, urbanization, and growing investments in renewable energy projects globally further underscores the critical role of crane rental services in modern industrial activities.

The Global Crane Rental Market is experiencing accelerated momentum, primarily driven by the surge in construction activities, particularly in urban centers and emerging economies. Cranes, an essential component of modern infrastructure projects, are witnessing demand from renewable energy installations such as wind turbines and solar farms. Moreover, the oil and gas sector heavily relies on advanced lifting equipment for its complex operations. However, market growth is partially hindered by high initial investment and operational costs of cranes, which remain a barrier for small enterprises. Yet, innovations in telematics and automation in crane technologies, alongside green energy initiatives, are creating lucrative opportunities in this space.

Regionally, the market demonstrates varying growth trajectories. Europe emerges as the largest market in 2024, backed by its well-established infrastructure and a strong focus on renewable energy projects. Countries such as Germany and the UK are leading the adoption of advanced crane systems in wind energy installation projects. Meanwhile, the Asia Pacific region is poised for the fastest growth over the forecast period. This rapid expansion is attributed to the booming construction industry, driven by urbanization and massive government spending on infrastructure development in countries like China and India. North America continues to show steady growth, propelled by increased investments in modernization and maintenance of its aging infrastructure, particularly in transportation and utilities.

Major market players included in this report are:

1. Sarens Group

2. Mammoet

3. Maxim Crane Works, L.P.

4. ALE Heavylift

5. Bigge Crane and Rigging Co.

6. Lampson International LLC

7. Action Construction Equipment Ltd.

8. United Rentals, Inc.

9. Al Faris Group

10. The Liebherr Group

11. Terex Corporation

12. Tadano Ltd.

13. Zoomlion Heavy Industry Science and Technology Co., Ltd.

14. XCMG Group

15. Sany Heavy Industry Co., Ltd.

The detailed segments and sub-segment of the market are explained below:

By Type
  • Mobile
  • Fixed
By End Use Industries
  • Building & Construction
  • Oil & Gas
  • Marine & Offshore
  • Mining & Excavation
  • Transportation
By Weightlifting Capacity
  • Low
  • Low-Medium
  • Heavy
  • Extreme Heavy
By Region:

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:
  • Historical year – 2022
  • Base year – 2024
  • Forecast period – 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed analysis of the geographical landscape with country-level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approaches.
  • Analysis of competitive structure of the market.
  • Demand-side and supply-side analysis of the market.

Table of Contents

285 Pages
Chapter 1. Global Crane Rental Market Executive Summary
1.1. Global Crane Rental Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By End Use Industries
1.3.3. By Weightlifting Capacity
1.4. Key Trends
1.5. Recession Impact
1.6. Investment Analysis
1.7. Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Crane Rental Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Crane Rental Market Dynamics
3.1. Market Drivers
3.1.1. Surge in Construction Activities
3.1.2. Expansion of Renewable Energy Projects
3.1.3. Increased Demand in Oil & Gas Sector
3.2. Market Challenges
3.2.1. High Initial Investment Costs
3.2.2. Operational Costs and Maintenance
3.3. Market Opportunities
3.3.1. Innovations in Telematics and Automation
3.3.2. Green Energy Initiatives
3.3.3. Expansion in Emerging Economies
Chapter 4. Global Crane Rental Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Crane Rental Market Size & Forecasts by Type 2024-2034
5.1. Segment Dashboard
5.2. Global Crane Rental Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Mobile
5.2.2. Fixed
Chapter 6. Global Crane Rental Market Size & Forecasts by End Use Industries 2024-2034
6.1. Segment Dashboard
6.2. Global Crane Rental Market: End Use Industries Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Building & Construction
6.2.2. Oil & Gas
6.2.3. Marine & Offshore
6.2.4. Mining & Excavation
6.2.5. Transportation
Chapter 7. Global Crane Rental Market Size & Forecasts by Weightlifting Capacity 2024-2034
7.1. Segment Dashboard
7.2. Global Crane Rental Market: Weightlifting Capacity Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Low
7.2.2. Low-Medium
7.2.3. Heavy
7.2.4. Extreme Heavy
Chapter 8. Global Crane Rental Market Size & Forecasts by Region 2024-2034
8.1. North America Crane Rental Market
8.1.1. U.S. Crane Rental Market
8.1.1.1. Mobile Breakdown Size & Forecasts, 2024-2034
8.1.1.2. Fixed Breakdown Size & Forecasts, 2024-2034
8.1.1.3. Building & Construction Breakdown Size & Forecasts, 2024-2034
8.1.2. Canada Crane Rental Market
&; 8.1.2.1. Mobile Breakdown Size & Forecasts, 2024-2034
&; 8.1.2.2. Fixed Breakdown Size & Forecasts, 2024-2034
&; 8.1.2.3. Building & Construction Breakdown Size & Forecasts, 2024-2034
8.2. Europe Crane Rental Market
8.2.1. UK Crane Rental Market
&; 8.2.1.1. Mobile Breakdown Size & Forecasts, 2024-2034
&; 8.2.1.2. Fixed Breakdown Size & Forecasts, 2024-2034
&; 8.2.1.3. Building & Construction Breakdown Size & Forecasts, 2024-2034
8.2.2. Germany Crane Rental Market
&; 8.2.2.1. Mobile Breakdown Size & Forecasts, 2024-2034
&; 8.2.2.2. Fixed Breakdown Size & Forecasts, 2024-2034
&;&; 8.2.2.3. Building & Construction Breakdown Size & Forecasts, 2024-2034
8.2.3. France Crane Rental Market
&;&; 8.2.3.1. Mobile Breakdown Size & Forecasts, 2024-2034
&;&; 8.2.3.2. Fixed Breakdown Size & Forecasts, 2024-2034
&;&; 8.2.3.3. Building & Construction Breakdown Size & Forecasts, 2024-2034
8.2.4. Spain Crane Rental Market
&;&;&; ... (Continue similarly for Italy, Rest of Europe)
8.3. Asia Pacific Crane Rental Market
8.3.1. China Crane Rental Market
&;&;&; ... (Detail similar to above)
8.3.2. India Crane Rental Market
&;&;&; ...
8.3.3. Japan Crane Rental Market
&;&;&; ...
8.3.4. Australia Crane Rental Market
&;&;&; ...
8.3.5. South Korea Crane Rental Market
&;&;&; ...
8.3.6. Rest of Asia Pacific Crane Rental Market
&;&;&; ...
8.4. Latin America Crane Rental Market
8.4.1. Brazil Crane Rental Market
&;&;&; ...
8.4.2. Mexico Crane Rental Market
&;&;&; ...
8.4.3. Rest of Latin America Crane Rental Market
&;&;&; ...
8.5. Middle East & Africa Crane Rental Market
8.5.1. Saudi Arabia Crane Rental Market
&;&;&; ...
8.5.2. South Africa Crane Rental Market
&;&;&; ...
8.5.3. Rest of Middle East & Africa Crane Rental Market
&;&;&; ...
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Sarens Group
9.1.2. Mammoet
9.1.3. Maxim Crane Works, L.P.
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Sarens Group
9.3.1.1. Key Information
9.3.1.2. Overview
&; 9.3.1.3. Financial (Subject to Data Availability)
&; 9.3.1.4. Product Summary
&;&; 9.3.1.5. Market Strategies
9.3.2. Mammoet
9.3.3. Maxim Crane Works, L.P.
9.3.4. ALE Heavylift
9.3.5. Bigge Crane and Rigging Co.
9.3.6. Lampson International LLC
9.3.7. Action Construction Equipment Ltd.
9.3.8. United Rentals, Inc.
9.3.9. Al Faris Group
9.3.10. The Liebherr Group
9.3.11. Terex Corporation
9.3.12. Tadano Ltd.
9.3.13. Zoomlion Heavy Industry Science and Technology Co., Ltd.
9.3.14. XCMG Group
9.3.15. Sany Heavy Industry Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes

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