New Product Launches is Boosting the Global Mobile Crane Market

Published: Jun 2022

The global mobile crane market is expected to grow at a CAGR of 6.3% during the forecast period. One key factor driving the market growth include the increasing participation of market players as they are launching new mobile cranes to compete with one another. For instance, in April 2022, Manitowoc’s Zhangjiagang launched the largest Potain topless crane in China. This new Potain MCT 805 topless tower crane is designed with an 80 m jib and provides 40 t and 32 t versions. It is a high-quality, affordable crane, and will target consumers in Asia, the Middle East, Africa, Australia, New Zealand, and Latin America. 

Browse the full report description of “Global Mobile Crane Market Size, Share & Trends Analysis Report, By Type (All Terrain Crane, Crawler Crane, Rough Terrain Crane, and Truck Crane), By Application (Construction, Oil and Gas, Manufacturing, Power and Utilities, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/mobile-crane-market

Moreover, in May 2022, Franna, A Terex Corp., a brand for manufacturing mobile carry and pick cranes, made its entrance at Excon India, South Asia’s largest construction equipment exhibition, with the launch of the FR-17 pick and carry mobile crane. Combining enhanced safety features with high productivity, the FR-17 was the first Franna pick and carry mobile crane that was manufactured locally at the Terex facility in Hour. The FR 17 offers operators the versatility and flexibility to cater to numerous different lifting applications as its maximum rated capacity is 17 tons. This 4WD (four-wheel drive) crane was designed with the clutch free operation and is available with outriggers in India.    

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Cargotec Corp., Konecranes Oyj, Tadano Ltd., Terex Corp., and Zoomlion Heavy Industry Science & Technology Co., Ltd.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Mobile Crane Market Report by Segment

By Type

  • All-Terrain Crane
  • Crawler Crane
  • Rough Terrain Crane
  • Truck Crane

By Application

  • Construction
  • Oil and Gas
  • Manufacturing
  • Power and Utilities
  • Others (Mining)

Global Mobile Crane Market Report Segment by Region

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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