Revolutionizing Heavy Lifting: Advanced Mobile Cranes Set to Propel Market Growth

Mobile crane market was valued at $14,890 million in 2024 and is projected to reach $30,300 million by 2035, growing at a CAGR of 6.7% during the forecast period from 2025 to 2035. One of the key factors that is driving the market includes the rising government and private sector initiatives to secure large funds in constructing new commercial and residential buildings and public infrastructure across the globe, thus contributing to the growth of the construction industry.

Browse the full report description of “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 (2025-2035)” at https://www.omrglobal.com/industry-reports/mobile-crane-market

Advanced Mobile Cranes in the Construction industry play a crucial role in ensuring Precision & Safety, and cost efficiency.

• Crawler cranes are significantly used for road and bridge-building, in emerging countries where expansion of metros, smart cities, roads, and bridges continues to support a high demand for crawler cranes.

• Advanced Mobile cranes are helpful for the Construction industry with no alternative. Simultaneously, emerging economies are rapidly acquiring these technologies to facilitate development efficiently.

Key Players and Innovations

Several major players lead the mobile cranes industry, including Liebherr-International Deutschland GmbH, The Manitowoc Company, Inc., Tadano Ltd., Terex Global GmbH, and XCMG (H.L.D. Machinery & Equipment Ltd.). These companies are at the forefront of innovation, continually developing new technologies to meet the industry's evolving needs. For instance, the Liebherr International Deutschland GmbH factory launched the world's most powerful 6-axle crane: the new LTM 1400-6.1 has a 70-metre telescopic boom and is characterised by clever and simple set-up processes. The new crane is the successor to the proven and successful LTM 1350-6.1. 

Also in June 2021, Konecranes launched a new generation of energy-efficient mobile harbor cranes as global trade accelerates. Generation 6 marks the first comprehensive revamp of Konecranes Gottwald’s mobile harbor crane portfolio in 15 years, and comes as growth in the global bulk and general cargo handling market accelerates

Market Coverage

• The market numbers available for – 2024-2035

• Base year- 2024

• Forecast period- 2025-2035

• 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 - Liebherr-International Deutschland GmbH, The Manitowoc Company, Inc., Tadano Ltd., Terex Global GmbH, and XCMG (H.L.D. Machinery & Equipment Ltd.), and others.

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 are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Mobile Cranes Market Report Segment

By Type

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

By Application

• Construction
• Oil and Gas
• Manufacturing
• Power and Utilities
• Others

Global Mobile Cranes Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Russia

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia and New Zealand

• ASEAN Economies

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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