Overhead Cranes Market Report 2026

The overhead cranes market size has grown strongly in recent years. It will grow from $5.01 billion in 2025 to $5.33 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth in industrial manufacturing activities, expansion of automotive production facilities, increased metal and mining operations, demand for efficient material handling solutions, rise in large scale infrastructure projects.

The overhead cranes market size is expected to see strong growth in the next few years. It will grow to $6.86 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing factory automation investments, growth in smart manufacturing facilities, rising focus on workplace safety regulations, expansion of shipbuilding and aerospace manufacturing, demand for high efficiency lifting equipment. Major trends in the forecast period include increasing adoption of smart and connected overhead crane systems, rising demand for high load capacity material handling equipment, growing use of automated cranes in manufacturing facilities, expansion of energy efficient electric crane solutions, increasing focus on precision and safety in load handling operations.

The increase in automation of various activities within the industrial sector is driving the growth of demand for the overhead cranes market. Automating manpower-intensive tasks such as lifting and moving heavy goods improves productivity in manufacturing processes and reduces production lead times. The benefits of overhead cranes, combined with advancements in crane technology, are strengthening industrial users’ confidence in adopting these systems, as they are cost-effective and offer fully safe operations when handling heavy products or goods. For example, in April 2024, according to the International Federation of Robotics, a Germany-based professional non-profit organization, total installations of industrial robots increased by 12%, reaching 44,303 units in 2023. Sales in the automotive segment rose by 1%, with a record 14,678 robots installed in 2023. Therefore, the rise in automation of various industrial activities is fueling the overhead cranes market.

Major companies operating in the overhead crane market are developing new products, such as radio solutions, to reach larger customer bases, increase sales, and boost revenue. Airmark is a radio solution designed specifically for overhead crane applications, offering a comprehensive set of features. For instance, in August 2023, Conductix-Wampfler GmbH, a US-based provider of energy supply and data management systems, introduced Airmark, its newest radio solution for the North American overhead crane market. A key differentiator of this product is its fully inclusive design, supplied as a ready-to-use package containing a single receiver, dual transmitters, two lanyards, batteries, two labels, and a user manual. It also includes a pre-installed indicator horn, light, and antenna, along with ergonomically designed primary and backup transmitters, automatic channel selection, a PIN code startup option, adjustable time-out, and numerous other functionalities.

In May 2024, Mazzella Lifting Technologies Inc., a US-based overhead lifting and rigging manufacturing company, acquired Piedmont Hoist & Crane Inc. for an undisclosed amount. Through this acquisition, Mazzella aimed to consolidate and expand its presence in overhead crane, hoist, and lifting equipment manufacturing and services, strengthening its capability to provide integrated design-to-installation and after-sales support across North America. Piedmont Hoist & Crane Inc. is a US-based crane manufacturing company specializing in pre-engineered and custom-engineered overhead crane systems, hoists, rotating and fixed-axle end trucks, as well as crane installation and modernization services.

Major companies operating in the overhead cranes market are ABUS Kransysteme GmbH, Columbus McKinnon Corporation (CMCO), EMH Inc., GH Cranes & Components, Gorbel Cranes, Ace Industries Inc., American Crane & Equipment Corporation, Cargotec Corporation, Eilbeck Cranes, Henan Yutian Crane Co. Ltd., Kito Corporation, Konecranes PLC., Ralf Teichmann GmbH, Sumitomo Heavy Industries Material Handling Systems Co. Ltd., Weihua Group, Whiting Corporation, Zenar Corporation, Dafang Crane, Demag Cranes & Components GmbH, HENAN DONGQI MACHINERY Co Ltd, Liebherr-International Deutschland GmbH, Rotrex Winches, Rud Ketten Rieger & Dietz GmbH u. Co KG, Rusch Kraantechniek BV, Ryders Winch International, Spanco Inc., Sumitomo Heavy Industries Material Handling Systems Co.Ltd., White Crane Compamy Inc.

Asia-Pacific was the largest region in the overhead cranes market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the overhead cranes market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the overhead cranes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The overhead cranes market consists of sales of workstation cranes, top-running, and under-running. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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