Global Mobile Crane Market 2025-2029

Mobile Crane Market 2025-2029

The mobile crane market is forecasted to grow by USD 11242.3 mn during 2024-2029, accelerating at a CAGR of 7.6% during the forecast period. The report on the mobile crane market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased infrastructure-based development, growing demand from utilities sector, and expansion in industrial construction and maintenance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's mobile crane market is segmented as below:

By Type

• Truck mounted crane
• Trailer mounted crane
• Crawler crane

By Application

• Construction
• Industrial
• Utilities

By Capacity

• Upto 50 ton
• Above 200 ton
• 51 to 100 ton
• 101 to 200 ton

By Product Type

• Telescopic boom
• Lattice boom

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the rising use of telematics as one of the prime reasons driving the mobile crane market growth during the next few years. Also, growing popularity of telescopic crawlers and increasing demand for mobile tower cranes will lead to sizable demand in the market.

The report on the mobile crane market covers the following areas:

• Mobile Crane Market sizing
• Mobile Crane Market forecast
• Mobile Crane Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile crane market vendors that include Action Construction Equipment Ltd., Altec Inc., Bocker Maschinenwerke GmbH, Broderson Manufacturing Corp., Cargotec Corp., Caterpillar Inc., Deere and Co., Escorts Ltd., Konecranes, Liebherr International AG, MEDIACO LEVAGE, Sany Group, SENNEBOGEN Maschinenfabrik GmbH, Shanghai Zhenhua Heavy Industries Co. Ltd., Tadano Ltd., Terex Corp., The Manitowoc Co. Inc., Tiong Woon Corp. Holding Ltd., Xuzhou Construction Machinery Group Co. Ltd., and Zoomlion Heavy Industry Science and Technology Co. Ltd.. Also, the mobile crane market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.