Mobile Crane Market Size, Share & Trends Analysis Report by Product Type (Truck Mounted Crane, Trailer Mounted Crane, Crawler Crane), Application (Construction, Industrial, Utility), Region, and Segment Forecasts, 2023-2030

The global mobile crane market size is expected to reach USD 22.32 billion by 2030, registering a CAGR of 6.7% from 2023 to 2030, according to the report. Strong emphasis on infrastructure development by various governments and the subsequent rise in the development of new infrastructure development and the refurbishment of the existing infrastructure across both developed and emerging economies are expected to drive the market. The continued deployment of mobile cranes across power projects, building construction projects, hydropower projects, aircraft manufacturing, and other applications in automotive and mining, among other industries and industry verticals, is anticipated to drive the demand for mobile cranes over the forecast period.

The growing preference for rental also bodes well for the growth of the market. The demand for new equipment from rental companies is growing as rental companies have realized that end customers prefer renting mobile cranes over-investing in new equipment of their own. The growing demand for new equipment from rental companies is expected to boost sales worldwide.

The outbreak of the COVID-19 pandemic has triggered an abrupt slowdown in construction activities, particularly owing to the various restrictions being imposed to arrest the spread of the disease and the ensuing financial challenges. For instance, in India, sales of construction equipment dropped 60% in Q1/2020. Nevertheless, the growing economic pressure is prompting governments worldwide to announce stimulus packages and consider resuming construction activity with limited capacity, which is particularly anticipated to fuel the market growth in 2021.

Asia Pacific accounted for the largest revenue share of 54.0% in 2019 and is anticipated to maintain its lead over the forecast period. Asia Pacific countries such as India, China, and Indonesia are putting a strong emphasis on infrastructure development to cope with the growing population. These countries are investing aggressively in developing the necessary infrastructure, including hospitals, schools, residential complexes, stadiums, government buildings, and airports, among other infrastructures. Japanese manufacturers such as Kato Works Co., Ltd., Sumitomo Heavy Industries Ltd., Kobelco Construction Machinery Co., Ltd., and Tadano Ltd. have been the key manufacturers in the market for decades.

Mobile Crane Market Report Highlights

By product type, the crawler crane segment is estimated to register the highest CAGR of 7.6% in terms of volume over the forecast period. These equipment are compact and hence can easily access smaller construction sites, especially in urban areas
The construction application segment emerged as the largest segment in 2022 and is expected to maintain its lead over the forecast period
Asia Pacific is projected to register the highest CAGR over the forecast period as the region is home to some of the key market players

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.1.1. Product type
1.1.2. Application
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product type outlook
2.2.2. Application outlook
2.2.3. Regional outlook
2.3. Competitive Insights

Chapter 3. Mobile Crane Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. Mobile Crane Market Analysis Tools
3.4.1. Industry analysis - Porter’s Five Forces
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape

Chapter 4. Mobile Crane Market: Product Type Estimates & Trend Analysis

4.1. Mobile Crane Market: Key Takeaways
4.2. Mobile Crane Market: Product Type Movement & Market Share Analysis, 2022 & 2030
4.3. Truck Mounted Crane
4.3.1. Truck mounted crane market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Trailer Mounted Crane
4.4.1. Trailer mounted crane market estimates and forecasts, 2017 to 2030 (USD Million)
4.5. Crawler Crane
4.5.1. Crawler crane market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 5. Mobile Crane Market: Application Estimates & Trend Analysis

5.1. Mobile Crane Market: Key Takeaways
5.2. Mobile Crane Market: Application Movement & Market Share Analysis, 2022 & 2030
5.3. Construction
5.3.1. Construction market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Industrial
5.4.1. Industrial market estimates and forecasts, 2017 to 2030 (USD Million)
5.5. Utility
5.5.1. Utility market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 6. Mobile Crane Market: Regional Estimates & Trend Analysis

6.1. Regional Outlook
6.2. Mobile Crane Market by Region: Key Takeaways
6.3. North America
6.3.1. North America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.3.2. U.S.
6.3.2.1. U.S. market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.3.3. Canada
6.3.3.1. Canada market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.4. Europe
6.4.1. Europe market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.4.2. UK
6.4.2.1. UK market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.4.3. Germany
6.4.3.1. Germany market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.4.4. France
6.4.4.1. France market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5. Asia Pacific
6.5.1. Asia Pacific Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5.2. Japan
6.5.2.1. Japan market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5.3. China
6.5.3.1. China market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5.4. India
6.5.4.1. India market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5.5. Australia
6.5.5.1. Australia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.5.6. South Korea
6.5.6.1. South Korea market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.6. Latin America
6.6.1. Latin America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.6.2. Brazil
6.6.2.1. Brazil market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.6.3. Mexico
6.6.3.1. Mexico market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.7. MEA
6.7.1. MEA market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Saudi Arabia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.7.3. South Africa
6.7.3.1. Saudi Africa market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
6.7.4. UAE
6.7.4.1. UAE market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Market Participant Categorization
7.2.1. Bauer AG
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. KATO WORKS CO., LTD.
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. KOBELCO Construction Machinery Co., Ltd.
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Liebherr-International AG
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. LiuGong Machinery Co., Ltd.
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. Manitex International
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Manitowoc Company, Inc.
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. PALFINGER AG
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
7.2.9. SANY HEAVY INDUSTRY INDIA PRIVATE LIMITED
7.2.9.1. Company overview
7.2.9.2. Financial performance
7.2.9.3. Product benchmarking
7.2.9.4. Strategic initiatives
7.2.10. Sarens NV
7.2.10.1. Company overview
7.2.10.2. Financial performance
7.2.10.3. Product benchmarking
7.2.10.4. Strategic initiatives
7.2.11. Sumitomo Heavy Industries, Ltd.
7.2.11.1. Company overview
7.2.11.2. Financial performance
7.2.11.3. Product benchmarking
7.2.11.4. Strategic initiatives
7.2.12. Tadano Ltd.
7.2.12.1. Company overview
7.2.12.2. Financial performance
7.2.12.3. Product benchmarking
7.2.12.4. Strategic initiatives
7.2.13. Terex Corporation
7.2.13.1. Company overview
7.2.13.2. Financial performance
7.2.13.3. Product benchmarking
7.2.13.4. Strategic initiatives
7.2.14. XCMG GROUP
7.2.14.1. Company overview
7.2.14.2. Financial performance
7.2.14.3. Product benchmarking
7.2.14.4. Strategic initiatives
7.2.15. Zoomlion Heavy Industry Science & Technology Co., Ltd.
7.2.15.1. Company overview
7.2.15.2. Financial performance
7.2.15.3. Product benchmarking
7.2.15.4. Strategic initiatives

List of Tables

Table 1 List of abbreviations
Table 2 North America mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 3 North America mobile crane market, by application, 2017 - 2030 (USD Million)
Table 4 North America mobile crane market, by region, 2017 to 2030 (USD Million)
Table 5 U.S. mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 6 U.S. mobile crane market, by application, 2017 - 2030 (USD Million)
Table 7 Canada mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 8 Canada mobile crane market, by application, 2017 - 2030 (USD Million)
Table 9 Europe mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 10 Europe mobile crane market, by application, 2017 - 2030 (USD Million)
Table 11 Europe mobile crane market, by region, 2017 to 2030 (USD Million)
Table 12 Germany mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 13 Germany mobile crane market, by application, 2017 - 2030 (USD Million)
Table 14 UK mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 15 UK mobile crane market, by application, 2017 - 2030 (USD Million)
Table 16 France mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 17 France mobile crane market, by application, 2017 - 2030 (USD Million)
Table 18 Asia Pacific mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 19 Asia Pacific mobile crane market, by application, 2017 - 2030 (USD Million)
Table 20 Asia Pacific mobile crane market, by region, 2017 to 2030 (USD Million)
Table 21 China mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 22 China mobile crane market, by application, 2017 - 2030 (USD Million)
Table 23 Japan mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 24 Japan mobile crane market, by application, 2017 - 2030 (USD Million)
Table 25 India mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 26 India mobile crane market, by application, 2017 - 2030 (USD Million)
Table 27 Australia mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 28 Australia mobile crane market, by application, 2017 - 2030 (USD Million)
Table 29 South Korea mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 30 South Korea mobile crane market, by application, 2017 - 2030 (USD Million)
Table 31 Latin America mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 32 Latin America mobile crane market, by application, 2017 - 2030 (USD Million)
Table 33 Latin America mobile crane market, by region, 2017 to 2030 (USD Million)
Table 34 Brazil mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 35 Brazil mobile crane market, by application, 2017 - 2030 (USD Million)
Table 36 Mexico mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 37 Mexico mobile crane market, by application, 2017 - 2030 (USD Million)
Table 38 Middle East and Africa mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 39 Middle East and Africa mobile crane market, by application, 2017 - 2030 (USD Million)
Table 40 Middle East and Africa mobile crane market, by region, 2017 to 2030 (USD Million)
Table 41 South Africa mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 42 South Africa mobile crane market, by application, 2017 - 2030 (USD Million)
Table 43 Saudi Arabia mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 44 Saudi Arabia mobile crane market, by application, 2017 - 2030 (USD Million)
Table 45 UAE mobile crane market, by product type, 2017 - 2030 (USD Million)
Table 46 UAE mobile crane market, by application, 2017 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Mobile crane: Market outlook
Fig. 9 Mobile crane: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Mobile crane market driver impact
Fig. 15 Mobile crane market restraint impact
Fig. 16 Mobile crane market strategic initiatives analysis
Fig. 17 Mobile crane market: Product type movement analysis
Fig. 18 Mobile crane market: Product type outlook and key takeaways
Fig. 19 Truck mounted crane market estimates and forecasts, 2017 - 2030
Fig. 20 Trailer mounted crane market estimates and forecasts, 2017 - 2030
Fig. 21 Crawler crane market estimates and forecasts, 2017 - 2030
Fig. 22 Mobile crane market: Application movement analysis
Fig. 23 Mobile crane market: Application outlook and key takeaways
Fig. 24 Construction market estimates and forecasts, 2017 - 2030
Fig. 25 Industrial market estimates and forecasts, 2017 - 2030
Fig. 26 Utility market estimates and forecasts, 2017 - 2030
Fig. 27 Global mobile crane market: Regional movement analysis
Fig. 28 Global mobile crane market: Regional outlook and key takeaways
Fig. 29 North America market estimates and forecasts, 2017 - 2030
Fig. 30 U.S. market estimates and forecasts, 2017 - 2030
Fig. 31 Canada market estimates and forecasts, 2017 - 2030
Fig. 32 Europe market estimates and forecasts, 2017 - 2030
Fig. 33 UK market estimates and forecasts, 2017 - 2030
Fig. 34 Germany market estimates and forecasts, 2017 - 2030
Fig. 35 France market estimates and forecasts, 2017 - 2030
Fig. 36 Asia Pacific market estimates and forecasts, 2017 - 2030
Fig. 37 Japan market estimates and forecasts, 2017 - 2030
Fig. 38 China market estimates and forecasts, 2017 - 2030
Fig. 39 India market estimates and forecasts, 2017 - 2030
Fig. 40 Australia market estimates and forecasts, 2017 - 2030
Fig. 41 South Korea market estimates and forecasts, 2017 - 2030
Fig. 42 Latin America market estimates and forecasts, 2017 - 2030
Fig. 43 Brazil market estimates and forecasts, 2017 - 2030
Fig. 44 Mexico market estimates and forecasts, 2017 - 2030
Fig. 45 Middle East and Africa market estimates and forecasts, 2017 - 2030
Fig. 46 Saudi Arabia market estimates and forecasts, 2017 - 2030
Fig. 47 South Africa market estimates and forecasts, 2017 - 2030
Fig. 48 UAE market estimates and forecasts, 2017 - 2030

Companies Profiled

Bauer AG
KATO WORKS CO., LTD.
KOBELCO Construction Machinery Co., Ltd.
Liebherr-International AG
LiuGong Machinery Co., Ltd.
Manitex International
Manitowoc Company, Inc.
PALFINGER AG
SANY HEAVY INDUSTRY INDIA PRIVATE LIMITED
Sarens NV
Sumitomo Heavy Industries, Ltd.
Tadano Ltd.
Terex Corporation
XCMG GROUP
Zoomlion Heavy Industry Science & Technology Co., Ltd.

Methodology

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Table Information

Report Attribute	Details
No. of Pages	105
Published	November 2023
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 13.4 Billion
Forecasted Market Value ( USD ) by 2030	$ 22.32 Billion
Compound Annual Growth Rate	6.7%
Regions Covered	Global
No. of Companies Mentioned	15

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Mobile Crane Market Report Highlights

Table of Contents

Companies Profiled

Methodology

Table Information

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