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Mobile Crane Market By Boom Type, By Carrrier Type, By Terrain Type, By End User Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 285 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5157211
Description Jump to:
The global mobile crane market was valued at $14,357.7 million in 2021, and is projected to reach $24,507.5 million by 2031, registering a CAGR of 5.3% from 2022 to 2031.

Mobile cranes are designed for lifting heavy objects on construction, manufacturing, and other sites. Mobile cranes have self erection abilities, which make them suitable for use in compact urban spaces and construction sites. In addition, mobile cranes can be remotely operated, which reduces the risk of accidents and fatalities caused due to collapsing of weight. Moreover, mobile cranes typically have hydraulic telescopic booms or lattice booms and can be further attached with hook or other load handling devices.

The infrastructure industry is witnessing growth in developing countries, including India, China, Brazil, Vietnam, and others. In addition, the residential and commercial building construction sector is also witnessing a significant rise in these countries, with high potential of further growth. The tight fiscal budgets and lack of government funding have been overcome by increase in focus on public-private partnerships (PPPs). PPPs have been implemented in various countries, such as South Korea, India, and others. The boost in PPPs and surge in investments through private channels can assist to boost the infrastructure industry; thereby, driving the growth of the mobile crane market. Moreover, increase in focus on aftermarket and services industry is expected to assist in driving the mobile crane market growth. Many players in the market aim at developing their aftersales service capabilities to gain consumer trust and lead the market.

Furthermore, mobility feature of mobile cranes boosts their demand over static cranes. This further boosts the demand for mobile cranes; hence, driving the growth of the market. However, weight limitations and lower reach than static and tower cranes restrain the mobile crane market growth significantly. Due to the compact size restrictions, mobile cranes have limited capabilities, which hinders the market growth.

Technological developments in mobile cranes, such as remote access, load identification and management, and other similar features are anticipated to create opportunities for the growth of the mobile crane market during the forecast period.

The market for mobile cranes is segmented on the basis of boom type, carrier type, terrain type, end-user industry, and region. By boom type, the mobile crane market is bifurcated into lattice boom and telescopic boom. According to carrier type, the global mobile crane market is categorized into wheel mounted and track mounted. By terrain type, the market is segmented into on-road, rough terrain, and all-terrain. By end-user industry, the market is classified into construction, manufacturing, and utilities.

Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2021, accounting for the highest share, and is anticipated to maintain this trend during the forecast period. This is attributed to increase in spending on infrastructural development and forestry industry from public and private entities.

COMPETITION ANALYSIS

Key companies profiled in the mobile crane market report include, Altec Inc., Cargotec Corporation, Liebherr International AG, Manitowoc Company Inc., Sany Heavy Industry Co. Ltd., Tadano Ltd., Terex Corporation, Xuzhou Construction Machinery Group Co. Ltd. (XCMG), Zoomlion Heavy Industry Science and Technology Co. Ltd., and Kobelco Construction Machinery Co., Ltd.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging mobile cranes market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2021 and 2031.
  • Extensive analysis of the mobile crane market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
  • The global mobile crane market forecast analysis from 2021 to 2031 is included in the report.
  • The key market players within mobile crane market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the mobile cranes industry.

Key Market Segments

By Terrain Type

  • On road
  • Rough terrain
  • All terrain

By End User Industry

  • Construction
  • Manufacturing
  • Utilities

By Boom Type

  • Lattice Boom
  • Telescopic Boom

By Carrrier Type

  • Wheel mounted
  • Track mounted

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Altec, Inc.
  • cargotec corporation
  • Kobelco Construction Machinery Co., Ltd.
  • Liebherr-International AG
  • Manitowoc Company, Inc.
  • SANY Heavy Industry Co. Ltd.
  • Tadano Ltd.
  • Terex Corporation
  • Xuzhou Construction Machinery Group Co., Ltd.
  • Zoomlion Heavy Industry Science and Technology Co., Ltd.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: MOBILE CRANE MARKET, BY BOOM TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Lattice Boom
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Telescopic Boom
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: MOBILE CRANE MARKET, BY CARRRIER TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Wheel mounted
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Track mounted
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: MOBILE CRANE MARKET, BY TERRAIN TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 On road
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Rough terrain
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 All terrain
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: MOBILE CRANE MARKET, BY END USER INDUSTRY
7.1 Overview
7.1.1 Market size and forecast
7.2 Construction
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Manufacturing
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Utilities
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
CHAPTER 8: MOBILE CRANE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Boom Type
8.2.3 North America Market size and forecast, by Carrrier Type
8.2.4 North America Market size and forecast, by Terrain Type
8.2.5 North America Market size and forecast, by End User Industry
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Boom Type
8.2.6.1.2 Market size and forecast, by Carrrier Type
8.2.6.1.3 Market size and forecast, by Terrain Type
8.2.6.1.4 Market size and forecast, by End User Industry
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Boom Type
8.2.6.2.2 Market size and forecast, by Carrrier Type
8.2.6.2.3 Market size and forecast, by Terrain Type
8.2.6.2.4 Market size and forecast, by End User Industry
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Boom Type
8.2.6.3.2 Market size and forecast, by Carrrier Type
8.2.6.3.3 Market size and forecast, by Terrain Type
8.2.6.3.4 Market size and forecast, by End User Industry
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Boom Type
8.3.3 Europe Market size and forecast, by Carrrier Type
8.3.4 Europe Market size and forecast, by Terrain Type
8.3.5 Europe Market size and forecast, by End User Industry
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Boom Type
8.3.6.1.2 Market size and forecast, by Carrrier Type
8.3.6.1.3 Market size and forecast, by Terrain Type
8.3.6.1.4 Market size and forecast, by End User Industry
8.3.6.2 United Kingdom
8.3.6.2.1 Market size and forecast, by Boom Type
8.3.6.2.2 Market size and forecast, by Carrrier Type
8.3.6.2.3 Market size and forecast, by Terrain Type
8.3.6.2.4 Market size and forecast, by End User Industry
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Boom Type
8.3.6.3.2 Market size and forecast, by Carrrier Type
8.3.6.3.3 Market size and forecast, by Terrain Type
8.3.6.3.4 Market size and forecast, by End User Industry
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Boom Type
8.3.6.4.2 Market size and forecast, by Carrrier Type
8.3.6.4.3 Market size and forecast, by Terrain Type
8.3.6.4.4 Market size and forecast, by End User Industry
8.3.6.5 Rest of Europe
8.3.6.5.1 Market size and forecast, by Boom Type
8.3.6.5.2 Market size and forecast, by Carrrier Type
8.3.6.5.3 Market size and forecast, by Terrain Type
8.3.6.5.4 Market size and forecast, by End User Industry
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Boom Type
8.4.3 Asia-Pacific Market size and forecast, by Carrrier Type
8.4.4 Asia-Pacific Market size and forecast, by Terrain Type
8.4.5 Asia-Pacific Market size and forecast, by End User Industry
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Boom Type
8.4.6.1.2 Market size and forecast, by Carrrier Type
8.4.6.1.3 Market size and forecast, by Terrain Type
8.4.6.1.4 Market size and forecast, by End User Industry
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Boom Type
8.4.6.2.2 Market size and forecast, by Carrrier Type
8.4.6.2.3 Market size and forecast, by Terrain Type
8.4.6.2.4 Market size and forecast, by End User Industry
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Boom Type
8.4.6.3.2 Market size and forecast, by Carrrier Type
8.4.6.3.3 Market size and forecast, by Terrain Type
8.4.6.3.4 Market size and forecast, by End User Industry
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Boom Type
8.4.6.4.2 Market size and forecast, by Carrrier Type
8.4.6.4.3 Market size and forecast, by Terrain Type
8.4.6.4.4 Market size and forecast, by End User Industry
8.4.6.5 Rest Of Asia Pacific
8.4.6.5.1 Market size and forecast, by Boom Type
8.4.6.5.2 Market size and forecast, by Carrrier Type
8.4.6.5.3 Market size and forecast, by Terrain Type
8.4.6.5.4 Market size and forecast, by End User Industry
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Boom Type
8.5.3 LAMEA Market size and forecast, by Carrrier Type
8.5.4 LAMEA Market size and forecast, by Terrain Type
8.5.5 LAMEA Market size and forecast, by End User Industry
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Boom Type
8.5.6.1.2 Market size and forecast, by Carrrier Type
8.5.6.1.3 Market size and forecast, by Terrain Type
8.5.6.1.4 Market size and forecast, by End User Industry
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Boom Type
8.5.6.2.2 Market size and forecast, by Carrrier Type
8.5.6.2.3 Market size and forecast, by Terrain Type
8.5.6.2.4 Market size and forecast, by End User Industry
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Boom Type
8.5.6.3.2 Market size and forecast, by Carrrier Type
8.5.6.3.3 Market size and forecast, by Terrain Type
8.5.6.3.4 Market size and forecast, by End User Industry
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Altec, Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 cargotec corporation
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Kobelco Construction Machinery Co., Ltd.
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Liebherr-International AG
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Manitowoc Company, Inc.
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 SANY Heavy Industry Co. Ltd.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Tadano Ltd.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Terex Corporation
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Xuzhou Construction Machinery Group Co., Ltd.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Zoomlion Heavy Industry Science and Technology Co., Ltd.
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 2. Mobile Crane Market Revenue, for Lattice Boom, by Region , 2021-2031,($Million)
Table 3. Mobile Crane Market for Lattice Boom by Country, 2021-2031,($Million)
Table 4. Mobile Crane Market Revenue, for Telescopic Boom, by Region , 2021-2031,($Million)
Table 5. Mobile Crane Market for Telescopic Boom by Country, 2021-2031,($Million)
Table 6. Global Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 7. Mobile Crane Market Revenue, for Wheel Mounted, by Region , 2021-2031,($Million)
Table 8. Mobile Crane Market for Wheel Mounted by Country, 2021-2031,($Million)
Table 9. Mobile Crane Market Revenue, for Track Mounted, by Region , 2021-2031,($Million)
Table 10. Mobile Crane Market for Track Mounted by Country, 2021-2031,($Million)
Table 11. Global Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 12. Mobile Crane Market Revenue, for on Road, by Region , 2021-2031,($Million)
Table 13. Mobile Crane Market for on Road by Country, 2021-2031,($Million)
Table 14. Mobile Crane Market Revenue, for Rough Terrain, by Region , 2021-2031,($Million)
Table 15. Mobile Crane Market for Rough Terrain by Country, 2021-2031,($Million)
Table 16. Mobile Crane Market Revenue, for All Terrain, by Region , 2021-2031,($Million)
Table 17. Mobile Crane Market for All Terrain by Country, 2021-2031,($Million)
Table 18. Global Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 19. Mobile Crane Market Revenue, for Construction, by Region , 2021-2031,($Million)
Table 20. Mobile Crane Market for Construction by Country, 2021-2031,($Million)
Table 21. Mobile Crane Market Revenue, for Manufacturing, by Region , 2021-2031,($Million)
Table 22. Mobile Crane Market for Manufacturing by Country, 2021-2031,($Million)
Table 23. Mobile Crane Market Revenue, for Utilities, by Region , 2021-2031,($Million)
Table 24. Mobile Crane Market for Utilities by Country, 2021-2031,($Million)
Table 25. Mobile Crane Market, by Region, 2021-2031,($Million)
Table 26. North America Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 27. North America Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 28. North America Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 29. North America Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 30. North America Mobile Crane Market, by Country, 2021-2031,($Million)
Table 31. U.S. Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 32. U.S. Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 33. U.S. Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 34. U.S. Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 35. Canada Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 36. Canada Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 37. Canada Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 38. Canada Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 39. Mexico Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 40. Mexico Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 41. Mexico Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 42. Mexico Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 43. Europe Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 44. Europe Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 45. Europe Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 46. Europe Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 47. Europe Mobile Crane Market, by Country, 2021-2031,($Million)
Table 48. Germany Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 49. Germany Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 50. Germany Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 51. Germany Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 52. United Kingdom Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 53. United Kingdom Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 54. United Kingdom Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 55. United Kingdom Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 56. France Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 57. France Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 58. France Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 59. France Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 60. Italy Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 61. Italy Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 62. Italy Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 63. Italy Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 64. Rest of Europe Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 65. Rest of Europe Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 66. Rest of Europe Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 67. Rest of Europe Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 68. Asia-Pacific Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 69. Asia-Pacific Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 70. Asia-Pacific Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 71. Asia-Pacific Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 72. Asia-Pacific Mobile Crane Market, by Country, 2021-2031,($Million)
Table 73. China Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 74. China Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 75. China Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 76. China Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 77. Japan Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 78. Japan Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 79. Japan Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 80. Japan Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 81. India Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 82. India Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 83. India Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 84. India Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 85. South Korea Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 86. South Korea Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 87. South Korea Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 88. South Korea Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 89. Rest of Asia-Pacific Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 90. Rest of Asia-Pacific Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 91. Rest of Asia-Pacific Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 92. Rest of Asia-Pacific Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 93. LAMEA Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 94. LAMEA Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 95. LAMEA Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 96. LAMEA Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 97. LAMEA Mobile Crane Market, by Country, 2021-2031,($Million)
Table 98. Latin America Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 99. Latin America Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 100. Latin America Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 101. Latin America Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 102. Middle East Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 103. Middle East Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 104. Middle East Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 105. Middle East Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 106. Africa Mobile Crane Market, by Boom Type, 2021-2031,($Million)
Table 107. Africa Mobile Crane Market, by Carrrier Type, 2021-2031,($Million)
Table 108. Africa Mobile Crane Market, by Terrain Type, 2021-2031,($Million)
Table 109. Africa Mobile Crane Market, by End-user Industry, 2021-2031,($Million)
Table 110. Altec, Inc.: Company Snapshot
Table 111. Altec, Inc.: Operating Segments
Table 112. Altec, Inc.: Product Portfolio
Table 113. Altec, Inc.: Net Sales
Table 114. Altec, Inc.: Key Stratergies
Table 115. Cargotec Corporation: Company Snapshot
Table 116. Cargotec Corporation: Operating Segments
Table 117. Cargotec Corporation: Product Portfolio
Table 118. Cargotec Corporation: Net Sales
Table 119. Cargotec Corporation: Key Stratergies
Table 120. Kobelco Construction Machinery Co., Ltd.: Company Snapshot
Table 121. Kobelco Construction Machinery Co., Ltd.: Operating Segments
Table 122. Kobelco Construction Machinery Co., Ltd.: Product Portfolio
Table 123. Kobelco Construction Machinery Co., Ltd.: Net Sales
Table 124. Kobelco Construction Machinery Co., Ltd.: Key Stratergies
Table 125. Liebherr-International Ag: Company Snapshot
Table 126. Liebherr-International Ag: Operating Segments
Table 127. Liebherr-International Ag: Product Portfolio
Table 128. Liebherr-International Ag: Net Sales
Table 129. Liebherr-International Ag: Key Stratergies
Table 130. Manitowoc Company, Inc.: Company Snapshot
Table 131. Manitowoc Company, Inc.: Operating Segments
Table 132. Manitowoc Company, Inc.: Product Portfolio
Table 133. Manitowoc Company, Inc.: Net Sales
Table 134. Manitowoc Company, Inc.: Key Stratergies
Table 135. Sany Heavy Industry Co. Ltd.: Company Snapshot
Table 136. Sany Heavy Industry Co. Ltd.: Operating Segments
Table 137. Sany Heavy Industry Co. Ltd.: Product Portfolio
Table 138. Sany Heavy Industry Co. Ltd.: Net Sales
Table 139. Sany Heavy Industry Co. Ltd.: Key Stratergies
Table 140. Tadano Ltd.: Company Snapshot
Table 141. Tadano Ltd.: Operating Segments
Table 142. Tadano Ltd.: Product Portfolio
Table 143. Tadano Ltd.: Net Sales
Table 144. Tadano Ltd.: Key Stratergies
Table 145. Terex Corporation: Company Snapshot
Table 146. Terex Corporation: Operating Segments
Table 147. Terex Corporation: Product Portfolio
Table 148. Terex Corporation: Net Sales
Table 149. Terex Corporation: Key Stratergies
Table 150. Xuzhou Construction Machinery Group Co., Ltd.: Company Snapshot
Table 151. Xuzhou Construction Machinery Group Co., Ltd.: Operating Segments
Table 152. Xuzhou Construction Machinery Group Co., Ltd.: Product Portfolio
Table 153. Xuzhou Construction Machinery Group Co., Ltd.: Net Sales
Table 154. Xuzhou Construction Machinery Group Co., Ltd.: Key Stratergies
Table 155. Zoomlion Heavy Industry Science and Technology Co., Ltd.: Company Snapshot
Table 156. Zoomlion Heavy Industry Science and Technology Co., Ltd.: Operating Segments
Table 157. Zoomlion Heavy Industry Science and Technology Co., Ltd.: Product Portfolio
Table 158. Zoomlion Heavy Industry Science and Technology Co., Ltd.: Net Sales
Table 159. Zoomlion Heavy Industry Science and Technology Co., Ltd.: Key Stratergies
List of Figures
Figure 1. Mobile Crane Market Segmentation
Figure 2. Mobile Crane Market,2021-2031
Figure 3. Mobile Crane Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Mobile Crane Market:Drivers, Restraints and Opportunities
Figure 12. Mobile Crane Market,By Boom Type,2021(%)
Figure 13. Comparative Share Analysis of Lattice Boom Mobile Crane Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Telescopic Boom Mobile Crane Market,2021-2031(%)
Figure 15. Mobile Crane Market,By Carrrier Type,2021(%)
Figure 16. Comparative Share Analysis of Wheel Mounted Mobile Crane Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Track Mounted Mobile Crane Market,2021-2031(%)
Figure 18. Mobile Crane Market,By Terrain Type,2021(%)
Figure 19. Comparative Share Analysis of on Road Mobile Crane Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Rough Terrain Mobile Crane Market,2021-2031(%)
Figure 21. Comparative Share Analysis of All Terrain Mobile Crane Market,2021-2031(%)
Figure 22. Mobile Crane Market,By End-user Industry,2021(%)
Figure 23. Comparative Share Analysis of Construction Mobile Crane Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Manufacturing Mobile Crane Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Utilities Mobile Crane Market,2021-2031(%)
Figure 26. Mobile Crane Market by Region,2021
Figure 27. U.S. Mobile Crane Market,2021-2031($Million)
Figure 28. Canada Mobile Crane Market,2021-2031($Million)
Figure 29. Mexico Mobile Crane Market,2021-2031($Million)
Figure 30. Germany Mobile Crane Market,2021-2031($Million)
Figure 31. United Kingdom Mobile Crane Market,2021-2031($Million)
Figure 32. France Mobile Crane Market,2021-2031($Million)
Figure 33. Italy Mobile Crane Market,2021-2031($Million)
Figure 34. Rest of Europe Mobile Crane Market,2021-2031($Million)
Figure 35. China Mobile Crane Market,2021-2031($Million)
Figure 36. Japan Mobile Crane Market,2021-2031($Million)
Figure 37. India Mobile Crane Market,2021-2031($Million)
Figure 38. South Korea Mobile Crane Market,2021-2031($Million)
Figure 39. Rest of Asia-Pacific Mobile Crane Market,2021-2031($Million)
Figure 40. Latin America Mobile Crane Market,2021-2031($Million)
Figure 41. Middle East Mobile Crane Market,2021-2031($Million)
Figure 42. Africa Mobile Crane Market,2021-2031($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Altec, Inc..: Net Sales ,($Million)
Figure 50. Cargotec Corporation.: Net Sales ,($Million)
Figure 51. Kobelco Construction Machinery Co. Ltd..: Net Sales ,($Million)
Figure 52. Liebherr-International AG.: Net Sales ,($Million)
Figure 53. Manitowoc Company, Inc..: Net Sales ,($Million)
Figure 54. Sany Heavy Industry Co. Ltd..: Net Sales ,($Million)
Figure 55. Tadano Ltd..: Net Sales ,($Million)
Figure 56. Terex Corporation.: Net Sales ,($Million)
Figure 57. Xuzhou Construction Machinery Group Co. Ltd..: Net Sales ,($Million)
Figure 58. Zoomlion Heavy Industry Science and Technology Co. Ltd..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Mobile Crane Market," the mobile crane market size was valued at $14.4 billion in 2021, and is estimated to reach $24.5 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

Mobile cranes are movable machinery that are used for material lifting. Mobile cranes are typically equipped with hydraulic telescopic arm or lattice booms for lifting and transporting medium to heavy weight loads. Mobile cranes provide the advantage of easy transit from one job site to another, unlike fixed cranes. In addition, they require very less time for installation and set-up and have self-decking and un-decking features. However, the size of the mobile cranes may decide the time required for travel to the lift location.

By boom type, the telescopic boom segment accounted for the highest mobile crane market share in 2021, owing to its ease of usability. According to the terrain type, all-terrain cranes have maximum contribution in the mobile crane market, mainly due to their versatility and high efficiency. In addition, all-terrain cranes provide high lifting capacity and superior mobility over rough as well as normal highways. Furthermore, wheel mounted cranes have high demand globally, owing to their compact size and easy maneuverability feature. The market is mainly driven by rise in infrastructure and construction activities. However, when compared to the static cranes, the mobile cranes are highly limited in their reach and lifting capacity.

In 2021, Asia-Pacific was the highest contributor in the mobile crane industry. China accounts majority of the global share in mobile cranes production as well as consumption. However, this has affected the production operations in other countries. To curb this competition, countries such as the U.S., Germany, and other European countries are focused on developing their manufacturing infrastructure for mobile cranes.

The integration of industry automation and remote operation has significantly increased their usability and operability, while keeping the lower cost of operation. Furthermore, the introduction of hybrid cranes that are capable of operating on convention fuel as well as electricity has positively influenced the demand for mobile cranes. Moreover, the improvements in aftermarket services is also anticipated to drive the mobile crane market growth.

Furthermore, on the basis of end-user industry, the construction segment is anticipated to grow rapidly, during the forecast period, owing to launch of highly maneuverable and high load bearing capacity mobile cranes, and increased demand in the infrastructure sector.

For instance, in December 2020, Liebherr International AG, launched LTC 1050-3.1 compact crane, which comes in rope pull version. Furthermore, in July 2021, Manitowoc Company Inc., unveiled its latest 60-ton capacity Grove GMK3060L-1. It is an all-terrain mobile crane incorporating a highly comfortable operator cab. Such cranes that are being offered by the manufacturers are suitable for various construction and infrastructure projects.

However, during the COVID-19 pandemic lockdown, various manufacturers in the mobile crane market had to halt their business in countries such as China, the U.S., and India. This break directly impacted sales of mobile cranes manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for mobile cranes; and has negatively influenced the growth of the market. However, after two years of the COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

Key companies profiled in the mobile crane market analysis report include, Altec Inc., Cargotec Corporation, Liebherr International AG, Manitowoc Company Inc., Sany Heavy Industry Co. Ltd., Tadano Ltd., Terex Corporation, Xuzhou Construction Machinery Group Co. Ltd. (XCMG), Zoomlion Heavy Industry Science and Technology Co. Ltd., and Kobelco Construction Machinery Co., Ltd.

Key Findings of the Study

  • The report provides analysis of the current and emerging mobile crane market trends and dynamics.
  • By boom type, the telescopic boom segment dominated the mobile cranes market, in terms of revenue in 2021, and is projected to grow at a significant CAGR during the forecast period.
  • By carrier type, the track mounted segment is expected to grow at a higher CAGR during the forecast period.
  • By terrain type, the all-terrain segment is projected to grow at a higher CAGR during the forecast period.
  • By end-user industry, the construction segment registered highest revenue in 2021.
  • Asia-Pacific is anticipated to provides major mobile crane market opportunities.
  • The key players within the mobile crane market forecast report are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the mobile cranes industry.

Companies Mentioned

  • Altec, Inc.
  • Cargotec Corporation
  • Kobelco Construction Machinery Co. Ltd.
  • Liebherr-International AG
  • Manitowoc Company, Inc.
  • Sany Heavy Industry Co. Ltd.
  • Tadano Ltd.
  • Terex Corporation
  • Xuzhou Construction Machinery Group Co. Ltd.
  • Zoomlion Heavy Industry Science and Technology Co. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages285
PublishedJune 2022
Forecast Period2021 - 2031
Estimated Market Value ( USD ) in 2021 $ 14357.7 million
Forecasted Market Value ( USD ) by 2031 $ 24507.5 million
Compound Annual Growth Rate5.5%
Regions CoveredGlobal
No. of Companies Mentioned10

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