Global Hydraulic Knuckle Boom Crane Market Growth 2026-2032
Description
The global Hydraulic Knuckle Boom Crane market size is predicted to grow from US$ 4371 million in 2025 to US$ 5856 million in 2032; it is expected to grow at a CAGR of 4.8% from 2026 to 2032.
In 2025, global Hydraulic Knuckle Boom Crane production reached approximately 17,870 units，with an average global market price of around US$ 250,000 per unit, and a gross profit margin of approximately 20%-40%. Hydraulic Knuckle Boom Crane (also called an articulated crane or loader crane) is a hydraulically actuated lifting system built around one or more “knuckle” joints that allow the boom to fold compactly and articulate through tight working envelopes. Unlike straight-boom telescopic cranes, the knuckle design uses multiple hinged boom sections driven by hydraulic cylinders, enabling precise load positioning close to obstacles, behind parapets, or inside confined sites while keeping the crane stowed within vehicle or deck limits. A typical system includes a slewing column or pedestal, main boom and jib sections, outriggers or mounting frame, hydraulic power pack (PTO-driven or independent), control valves, load-holding devices, and an overload protection/load-moment system; many configurations also integrate a winch, rotator, grapple, personnel basket interface, or specialized lifting attachments. Hydraulic knuckle boom cranes are deployed as truck-mounted loader cranes for urban delivery and construction logistics, as timber/recycling cranes for material handling, and as marine/offshore knuckle boom cranes where compact folding and high maneuverability are critical on decks.
The Hydraulic Knuckle Boom Crane market in 2025 is primarily a “worksite logistics and repetitive handling” market rather than a pure heavy-lift market. Demand is driven by last-mile construction supply, utilities maintenance, municipal services, timber/recycling handling, and marine deck operations where compact stowage and obstacle-avoiding articulation translate directly into higher daily utilization. Fleet buyers (rental companies, transport operators, contractors, waste and forestry operators, and marine service providers) increasingly optimize around total cost of ownership: payload impact on the carrier, installation cycle time, hydraulic efficiency, stability and outreach per tonne-meter class, and electronics that reduce operator fatigue and prevent overload incidents. Product differentiation has shifted toward smarter control systems (remote control ergonomics, stability monitoring, automatic speed/flow management), higher-strength lightweight boom structures to protect truck payload, and modular interfaces for grapples, rotators, and winches—features that increase job versatility and improve resale value. Pricing in 2025 is highly segmented—light and medium loader cranes are volume-driven with configuration-dependent pricing, whereas heavy-duty and marine/offshore knuckle booms command substantial premiums due to corrosion protection, certification, and higher duty requirements.
LP Information, Inc. (LPI) ' newest research report, the “Hydraulic Knuckle Boom Crane Industry Forecast” looks at past sales and reviews total world Hydraulic Knuckle Boom Crane sales in 2025, providing a comprehensive analysis by region and market sector of projected Hydraulic Knuckle Boom Crane sales for 2026 through 2032. With Hydraulic Knuckle Boom Crane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Knuckle Boom Crane industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Knuckle Boom Crane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydraulic Knuckle Boom Crane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydraulic Knuckle Boom Crane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Knuckle Boom Crane and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydraulic Knuckle Boom Crane.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Knuckle Boom Crane market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lifting Capacity 3000 to 10000 tm
Lifting Capacity 10000 to 15000 tm
Lifting Capacity More Than 15000 tm
Segmentation by Installation Platform:
Truck-Mounted
Trailer-Mounted
Others
Segmentation by Max. Hydraulic Outreach:
Max. Hydraulic Outreach: ≤10 m
Max. Hydraulic Outreach: 10-20 m
Max. Hydraulic Outreach: ≥20 m
Segmentation by Application:
Offshore Platforms
Constructions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hiab
Palfinger
Fassi
HMF
Hyva
EFFER
Tadano PM
Amco Veba
ATLAS
COPMA
PESCI
Heila
IMT (Iowa Mold Tooling)
Stellar Industries
Kesla
Cranab
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Knuckle Boom Crane market?
What factors are driving Hydraulic Knuckle Boom Crane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Knuckle Boom Crane market opportunities vary by end market size?
How does Hydraulic Knuckle Boom Crane break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global Hydraulic Knuckle Boom Crane production reached approximately 17,870 units，with an average global market price of around US$ 250,000 per unit, and a gross profit margin of approximately 20%-40%. Hydraulic Knuckle Boom Crane (also called an articulated crane or loader crane) is a hydraulically actuated lifting system built around one or more “knuckle” joints that allow the boom to fold compactly and articulate through tight working envelopes. Unlike straight-boom telescopic cranes, the knuckle design uses multiple hinged boom sections driven by hydraulic cylinders, enabling precise load positioning close to obstacles, behind parapets, or inside confined sites while keeping the crane stowed within vehicle or deck limits. A typical system includes a slewing column or pedestal, main boom and jib sections, outriggers or mounting frame, hydraulic power pack (PTO-driven or independent), control valves, load-holding devices, and an overload protection/load-moment system; many configurations also integrate a winch, rotator, grapple, personnel basket interface, or specialized lifting attachments. Hydraulic knuckle boom cranes are deployed as truck-mounted loader cranes for urban delivery and construction logistics, as timber/recycling cranes for material handling, and as marine/offshore knuckle boom cranes where compact folding and high maneuverability are critical on decks.
The Hydraulic Knuckle Boom Crane market in 2025 is primarily a “worksite logistics and repetitive handling” market rather than a pure heavy-lift market. Demand is driven by last-mile construction supply, utilities maintenance, municipal services, timber/recycling handling, and marine deck operations where compact stowage and obstacle-avoiding articulation translate directly into higher daily utilization. Fleet buyers (rental companies, transport operators, contractors, waste and forestry operators, and marine service providers) increasingly optimize around total cost of ownership: payload impact on the carrier, installation cycle time, hydraulic efficiency, stability and outreach per tonne-meter class, and electronics that reduce operator fatigue and prevent overload incidents. Product differentiation has shifted toward smarter control systems (remote control ergonomics, stability monitoring, automatic speed/flow management), higher-strength lightweight boom structures to protect truck payload, and modular interfaces for grapples, rotators, and winches—features that increase job versatility and improve resale value. Pricing in 2025 is highly segmented—light and medium loader cranes are volume-driven with configuration-dependent pricing, whereas heavy-duty and marine/offshore knuckle booms command substantial premiums due to corrosion protection, certification, and higher duty requirements.
LP Information, Inc. (LPI) ' newest research report, the “Hydraulic Knuckle Boom Crane Industry Forecast” looks at past sales and reviews total world Hydraulic Knuckle Boom Crane sales in 2025, providing a comprehensive analysis by region and market sector of projected Hydraulic Knuckle Boom Crane sales for 2026 through 2032. With Hydraulic Knuckle Boom Crane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Knuckle Boom Crane industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Knuckle Boom Crane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydraulic Knuckle Boom Crane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydraulic Knuckle Boom Crane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Knuckle Boom Crane and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydraulic Knuckle Boom Crane.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Knuckle Boom Crane market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lifting Capacity 3000 to 10000 tm
Lifting Capacity 10000 to 15000 tm
Lifting Capacity More Than 15000 tm
Segmentation by Installation Platform:
Truck-Mounted
Trailer-Mounted
Others
Segmentation by Max. Hydraulic Outreach:
Max. Hydraulic Outreach: ≤10 m
Max. Hydraulic Outreach: 10-20 m
Max. Hydraulic Outreach: ≥20 m
Segmentation by Application:
Offshore Platforms
Constructions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hiab
Palfinger
Fassi
HMF
Hyva
EFFER
Tadano PM
Amco Veba
ATLAS
COPMA
PESCI
Heila
IMT (Iowa Mold Tooling)
Stellar Industries
Kesla
Cranab
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Knuckle Boom Crane market?
What factors are driving Hydraulic Knuckle Boom Crane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Knuckle Boom Crane market opportunities vary by end market size?
How does Hydraulic Knuckle Boom Crane break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
134 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Hydraulic Knuckle Boom Crane by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Hydraulic Knuckle Boom Crane by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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