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Global Truck Mounted Crane Market 2018-2022

Global Truck Mounted Crane Market 2018-2022

About this market

With the rapid technological advancements, several truck-mounted crane manufacturers are incorporating the latest technologies such as telematics and software systems to meet the continuously evolving operational needs of the modern customers. Owing to such increasing adoption of modern technologies among the vendors, Technavio’s analysts predict that the truck mounted crane market will register a CAGR of more than 9% by 2022.Market Overview

Rapid growth of construction activities

The growth of construction activities in the advanced and emerging economies will boost the adoption of truck-mounted cranes in the forthcoming years. Owing to the increasing interest of the market players to enhance their geographic presence, the demand for truck-mounted cranes is likely to proliferate over the next few years.

Shortage of skilled operators

Operating the truck-mounted cranes requires technical expertise owing to the challenging nature of the construction jobs. However, companies are often facing a challenge in finding skilled crane operators for catering the end-user demands.

For the detailed list of factors that will drive and challenge the growth of the truck mounted crane market during the 2018-2022, view our report.

Competitive Landscape

The market has a moderately fragmented presence of truck mounted crane manufacturers increasingly focusing on the integration of advanced technologies to improve their market positions. This will result the market to witness intense competition in the forthcoming years. The continuously increasing construction activities, especially from the developing countries will further encourage the market players to launch innovative product offerings.


Technavio Announces the Publication of its Research Report – Global Truck Mounted Crane Market 2018-2022

Technavio recognizes the following companies as the key players in the global truck mounted crane market: Liebherr, Manitowoc, Sumitomo Heavy Industries, Tadano, and Terex.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing role of technology such as software which are enabling the end-users to improve efficiency and offer upgraded maintenance features.”

According to the report, one of the major drivers for this market is the rapidly increasing investments in the construction and utilities industries across the advanced and emerging economies.

Further, the report states that one of the major factors hindering the growth of this market is the lack of skilled operators contributing to the delay and loss in profitability of projects for truck-mounted crane owners.

Companies Mentioned



Sumitomo Heavy Industries



  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global construction equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ mn)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Construction – Market size and forecast 2017- 2022
      • Table Construction – Market size and forecast 2017-2022 ($ mn)
      • Table Construction – Year-over-year growth 2018-2022 (%)
    • Industries – Market size and forecast 2017-2022
      • Table Industries – Market size and forecast 2017-2022 ($ mn)
      • Table Industries – Year-over-year growth 2018-2022 (%)
    • Utilities – Market size and forecast 2017-2022
      • Table Utilities – Market size and forecast 2017-2022 ($ mn)
      • Table Utilities – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • EMEA– Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table Truck-mounted crane market in EMEA – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing role of technology
    • Adaptation of diesel engines for mobile crane applications
    • Rising popularity of boom trucks
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Liebherr
      • Table Liebherr: Overview
      • Table Liebherr – Business segments
      • Table Liebherr – Organizational developments
      • Table Liebherr – Geographic focus
      • Table Liebherr – Segment focus
      • Table Liebherr – Key offerings
    • Manitowoc
      • Table Manitowoc: Overview
      • Table Manitowoc – Business segments
      • Table Manitowoc – Organizational developments
      • Table Manitowoc – Geographic focus
      • Table Manitowoc – Segment focus
      • Table Manitowoc – Key offerings
    • Sumitomo Heavy Industries
      • Table Sumitomo Heavy Industries: Overview
      • Table Sumitomo Heavy Industries – Product segments
      • Table Sumitomo Heavy Industries – Organizational developments
      • Table Sumitomo Heavy Industries – Geographic focus
      • Table Sumitomo Heavy Industries – Segment focus
      • Table Sumitomo Heavy Industries – Key offerings
    • Tadano
      • Table Tadano: Overview
      • Table Tadano – Business segments
      • Table Tadano – Organizational developments
      • Table Tadano – Geographic focus
      • Table Tadano – Segment focus
      • Table Tadano – Key offerings
    • Terex
      • Table Terex: Overview
      • Table Terex– Business segments
      • Table Terex – Organizational developments
      • Table Terex – Geographic focus
      • Table Terex – Segment focus
      • Table Terex – Key offerings
  • Appendix
  • Explore Technavio

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