Global Lattice Boom Crane Market Growth 2026-2032
Description
The global Lattice Boom Crane market size is predicted to grow from US$ 4745 million in 2025 to US$ 6332 million in 2032; it is expected to grow at a CAGR of 4.7% from 2026 to 2032.
In 2025, global Lattice Boom Crane production reached approximately 3,230 units，with an average global market price of around US$ 1,500,000 per unit, and a gross profit margin of approximately 20%-40%. Lattice Boom Crane is a heavy-lifting crane whose primary boom is a pin-connected truss (lattice) structure made of high-strength steel chords and lacings. Compared with telescopic booms, the lattice boom delivers higher stiffness-to-weight efficiency, longer achievable boom lengths, and stronger lifting performance at large radii, but it requires modular transport and on-site assembly. A typical system consists of a carbody/upperworks, slew ring, hoist and boom winches, rope reeving, counterweight, and interchangeable boom/jib sections (main boom, fixed jib, luffing jib, or derrick configurations). Lattice boom cranes are commonly mounted on crawler undercarriages for low ground pressure and jobsite mobility, or on specialized wheeled carriers or offshore pedestals when mobility or marine integration is required. They are engineered around load-moment management, stability, and fatigue life under high duty cycles, and are used where lifts are too heavy, too high, or too far-reaching for conventional mobile cranes.
The lattice boom crane market in 2025 is shaped by “big-lift” demand, project logistics, and the growing dominance of global rental and contractor fleets. Demand concentrates in sectors where lift radius, hook height, and component weights exceed the economical envelope of telescopic mobile cranes: major infrastructure (bridges, metros, viaducts), heavy industrial construction (refineries, petrochemicals, steel), energy transition work (onshore wind tower and nacelle installation, large transformers and generators), and marine/offshore fabrication where long boom systems and luffing configurations improve reach and clearance. Purchasing decisions are increasingly lifecycle-driven—fleet owners prioritize transport split, self-erection speed, standardized boom systems, reliability of winches and hydraulics, and digital load-moment/telematics capabilities that reduce rigging time and improve utilization. Market competition is polarized: premium OEMs differentiate with engineered boom systems, operator assistance, and residual value, while high-volume OEMs compete aggressively on delivery lead times and total cost, particularly in mid-capacity crawler classes. Volatility remains structural because demand follows megaproject cycles and permitting/financing timing in energy and infrastructure; this pushes OEMs to strengthen parts and service networks and to offer upgrade/retrofit packages that keep legacy cranes productive.
LP Information, Inc. (LPI) ' newest research report, the “Lattice Boom Crane Industry Forecast” looks at past sales and reviews total world Lattice Boom Crane sales in 2025, providing a comprehensive analysis by region and market sector of projected Lattice Boom Crane sales for 2026 through 2032. With Lattice Boom Crane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lattice Boom Crane industry.
This Insight Report provides a comprehensive analysis of the global Lattice 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 Lattice Boom Crane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lattice Boom Crane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lattice 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 Lattice Boom Crane.
This report presents a comprehensive overview, market shares, and growth opportunities of Lattice Boom Crane market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lattice Boom Crawlers Cranes
Lattice Boom Wheel Crane
Others
Segmentation by Max. Hoist Height:
Max Hoist Height: ≤100 m
Max Hoist Height: 100-200 m
Max Hoist Height: ≥200 m
Segmentation by Max Lifting Capacity:
Max Lifting Capacity < 300 Tons
Max Lifting Capacity 300 -600 Tons
Max Lifting Capacity > 600 Tons
Segmentation by Application:
Construction
Industrial
Utilities
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.
Liebherr
Manitowoc
Tadano
Kobelco Cranes
Link-Belt Cranes
Sumitomo Heavy Industries Construction Cranes (HSC)
SANY
XCMG
Zoomlion
SENNEBOGEN
KATO WORKS
FUWA Global Heavy Industry
IHI Construction Machinery
Action Construction Equipment (ACE)
Huisman
KenzFigee
MacGregor
NOV (National Oilwell Varco)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lattice Boom Crane market?
What factors are driving Lattice Boom Crane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lattice Boom Crane market opportunities vary by end market size?
How does Lattice 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 Lattice Boom Crane production reached approximately 3,230 units，with an average global market price of around US$ 1,500,000 per unit, and a gross profit margin of approximately 20%-40%. Lattice Boom Crane is a heavy-lifting crane whose primary boom is a pin-connected truss (lattice) structure made of high-strength steel chords and lacings. Compared with telescopic booms, the lattice boom delivers higher stiffness-to-weight efficiency, longer achievable boom lengths, and stronger lifting performance at large radii, but it requires modular transport and on-site assembly. A typical system consists of a carbody/upperworks, slew ring, hoist and boom winches, rope reeving, counterweight, and interchangeable boom/jib sections (main boom, fixed jib, luffing jib, or derrick configurations). Lattice boom cranes are commonly mounted on crawler undercarriages for low ground pressure and jobsite mobility, or on specialized wheeled carriers or offshore pedestals when mobility or marine integration is required. They are engineered around load-moment management, stability, and fatigue life under high duty cycles, and are used where lifts are too heavy, too high, or too far-reaching for conventional mobile cranes.
The lattice boom crane market in 2025 is shaped by “big-lift” demand, project logistics, and the growing dominance of global rental and contractor fleets. Demand concentrates in sectors where lift radius, hook height, and component weights exceed the economical envelope of telescopic mobile cranes: major infrastructure (bridges, metros, viaducts), heavy industrial construction (refineries, petrochemicals, steel), energy transition work (onshore wind tower and nacelle installation, large transformers and generators), and marine/offshore fabrication where long boom systems and luffing configurations improve reach and clearance. Purchasing decisions are increasingly lifecycle-driven—fleet owners prioritize transport split, self-erection speed, standardized boom systems, reliability of winches and hydraulics, and digital load-moment/telematics capabilities that reduce rigging time and improve utilization. Market competition is polarized: premium OEMs differentiate with engineered boom systems, operator assistance, and residual value, while high-volume OEMs compete aggressively on delivery lead times and total cost, particularly in mid-capacity crawler classes. Volatility remains structural because demand follows megaproject cycles and permitting/financing timing in energy and infrastructure; this pushes OEMs to strengthen parts and service networks and to offer upgrade/retrofit packages that keep legacy cranes productive.
LP Information, Inc. (LPI) ' newest research report, the “Lattice Boom Crane Industry Forecast” looks at past sales and reviews total world Lattice Boom Crane sales in 2025, providing a comprehensive analysis by region and market sector of projected Lattice Boom Crane sales for 2026 through 2032. With Lattice Boom Crane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lattice Boom Crane industry.
This Insight Report provides a comprehensive analysis of the global Lattice 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 Lattice Boom Crane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lattice Boom Crane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lattice 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 Lattice Boom Crane.
This report presents a comprehensive overview, market shares, and growth opportunities of Lattice Boom Crane market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lattice Boom Crawlers Cranes
Lattice Boom Wheel Crane
Others
Segmentation by Max. Hoist Height:
Max Hoist Height: ≤100 m
Max Hoist Height: 100-200 m
Max Hoist Height: ≥200 m
Segmentation by Max Lifting Capacity:
Max Lifting Capacity < 300 Tons
Max Lifting Capacity 300 -600 Tons
Max Lifting Capacity > 600 Tons
Segmentation by Application:
Construction
Industrial
Utilities
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.
Liebherr
Manitowoc
Tadano
Kobelco Cranes
Link-Belt Cranes
Sumitomo Heavy Industries Construction Cranes (HSC)
SANY
XCMG
Zoomlion
SENNEBOGEN
KATO WORKS
FUWA Global Heavy Industry
IHI Construction Machinery
Action Construction Equipment (ACE)
Huisman
KenzFigee
MacGregor
NOV (National Oilwell Varco)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lattice Boom Crane market?
What factors are driving Lattice Boom Crane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lattice Boom Crane market opportunities vary by end market size?
How does Lattice 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
130 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 Lattice 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 Lattice Boom Crane by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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