Mobile Crane Market Report 2025 (Global Edition)

Global Mobile Crane Market Report 2025 Market Size Split by Terrain Type (On road, Rough terrain, All terrain), by End User Industry (Construction, Manufacturing, Utilities), by Boom Type (Lattice Boo...

Mobile Crane Market Report Description

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Mobile Crane Market Insights Video

Competitive Landscape of the Mobile Crane Market

The competitive landscape of the Mobile Crane market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Mobile Crane companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

April 2022: SeaPort Manatee expanded its cargo handling capacity by acquiring two mobile harbor cranes in partnership with Logistec USA Inc. Each of these cranes is able to hoist 125 metric tons of cargo, meaning that when combined, they can handle loads exceeding 200 metric tons. It is anticipated that the installation of these mobile cranes will greatly improve SeaPort Manatee's capacity to handle cargo. (Source: https://www.seaportmanatee.com/2022/04/seaport-manatee-logistec-usa-welcome-two-new-mobile-harbor-cranes/)

Top Companies Market Share in Mobile Crane Industry: (In no particular order of Rank)

• Bauer AG
• KATO WORKS CO.
• LTD.
• KOBELCO Construction Machinery Co.
• Ltd.
• Liebherr-International AG
• LiuGong Machinery Co.
• Ltd.
• Manitex International
• 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.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Mobile Crane Market

Which Region Dominates the Mobile Crane Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. North America is witnessing a boom in the mobile crane marketplace due to improved construction interest, infrastructure development, and commercial tasks. Factors such as urbanization, the enlargement of the power region, and the need for efficient lifting answers are driving market calls. Additionally, technological improvements and the adoption of modern crane models further contribute to the marketplace's enlargement in the location.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Mobile Crane market due to several compelling reasons. ?Europe is experiencing an increase within the cell crane marketplace fueled by infrastructure modernization initiatives, city redevelopment tasks, and renewable energy investments. The area's cognizance of sustainable improvement and stringent safety rules additionally bolster marketplace calls. Additionally, improvements in crane generation, consisting of automation and digitization, enhance operational efficiency, using further marketplace growth across various sectors in Europe.

 

The current report Scope analyzes Mobile Crane Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Mobile Crane Market Analysis

According to Cognitive Market Research, the global Mobile Crane market size was estimated at USD 8951.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3580.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031

• According to Cognitive Market Research, the US had a major share in the Mobile Crane market with a market size of USD 2825.00 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The demand is amplified by the infrastructure development.
• The Canada Mobile Crane market had a market share of USD 429.66 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's construction industry growth.
• The Mexico Mobile Crane market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 325.82 million in 2024.

Europe Mobile Crane Market Analysis

According to Cognitive Market Research, the global Mobile Crane market size was estimated at USD 8951.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2685.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Mobile Crane market had a market share of USD 451.14 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Mobile Crane sales witness an upswing due to the urbanization trends.
• The France Mobile Crane market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 247.05 million in 2024.
• According to Cognitive Market Research, the Germany Mobile Crane market size was valued at USD 531.70 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Mobile Crane sales surged due to the technological innovations.
• The Italy Mobile Crane market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 230.94 million in 2024.
• The Russia Mobile Crane market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 416.23 million in 2024.
• The Spain Mobile Crane market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 220.20 million in 2024
• The Luxembourg Mobile Crane market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 83.25 million in 2024.
• The Portugal Mobile Crane market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 56.39 million in 2024.
• The Greece Mobile Crane market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 32.22 million in 2024.
• Rest of Europe's Mobile Crane market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 416.23 million in 2024.

Asia Pacific Mobile Crane Market Analysis

According to Cognitive Market Research, the global Mobile Crane market size was estimated at USD 8951.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2058.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Mobile Crane market size was valued at USD 926.45 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Mobile Crane sales surge in China due to the government investments.
• The Japan Mobile Crane market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 284.11 million in 2024.
• The India Mobile Crane market had a market share of USD 247.05 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's safety regulations.
• The South Korea Mobile Crane market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 205.88 million in 2024.
• The Australia Mobile Crane market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 107.06 million in 2024.
• The South East Asia Mobile Crane market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 142.06 million in 2024.
• The Rest of Asia Pacific Mobile Crane market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 146.17 million in 2024.

South America Mobile Crane Market Analysis

According to Cognitive Market Research, the global Mobile Crane market size was estimated at USD 8951.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 447.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Mobile Crane market size was valued at USD 191.56 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Mobile Crane sales flourish in Brazil due to the energy sector demands.
• Argentina Mobile Crane market had a market share of USD 75.19 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's economic recovery.
• Colombia Mobile Crane market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 39.83 million in 2024.
• Peru Mobile Crane market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 36.70 million in 2024.
• Chile Mobile Crane market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 32.22 million in 2024.
• The Rest of Latin America Mobile Crane market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 72.06 million in 2024.

Middle East Mobile Crane Market Analysis

According to Cognitive Market Research, the global Mobile Crane market size was estimated at USD 8951.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 179.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.

• The GCC Countries Mobile Crane market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 76.62 million in 2024. Mobile Crane sales flourish due to the environmental considerations.
• The Egypt Mobile Crane market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 26.29 million in 2024.
• The South Africa Mobile Crane market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 28.29 million in 2024. Mobile Crane sales flourish in South Africa due to the fleet modernization.
• The Turkey Mobile Crane market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 15.40 million in 2024.
• The Nigeria Mobile Crane market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 18.80 million in 2024.
• The Rest of MEA Mobile Crane market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 21.12 million in 2024.

Mobile Crane Market Analysis

Mobile Crane Market Terrain Type Segment Analysis

According to Cognitive Market Research, on road stands out as the dominating category. The on-street segment is witnessing a boom inside the cell crane marketplace due to accelerated demand for versatile lifting answers in city and suburban areas. Mobile cranes mounted on vans offer flexibility and accessibility for production tasks, infrastructure protection, and emergency response. Their capability to navigate roads and highways efficiently makes them integral for a wide variety of lifting packages, using marketplace growth in this phase.

Rough terrain emerges as the fastest-growing category in the Mobile Crane market. The tough terrain section is experiencing a boom in the mobile crane marketplace because of its suitability for off-avenue construction websites and hard terrains. These cranes are prepared with features like all-wheel drive and sturdy suspension systems, permitting them to navigate uneven surfaces quite simply. Increased creation of sports in far-off regions and infrastructure projects pressure-demand, fueling the expansion of this marketplace phase.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Mobile Crane Industry. Request a Free Sample PDF!

Mobile Crane Market End User Industry Segment Analysis

According to Cognitive Market Research, the dominating category is Construction. The production region is a key driving force of boom within the cell crane market, with growing demand for lifting gadgets to aid infrastructure tasks, excessive-rise constructing production, and business tendencies worldwide. Mobile cranes play an important role in lifting heavy substances, assembling systems, and facilitating logistical operations on creation sites, contributing considerably to the expansion of the market within this area.

The fastest-growing category in the Mobile Crane market is Manufacturing. The manufacturing industry is fueling a boom in the mobile crane marketplace, requiring lifting answers for material management, gadget setup, and plant preservation. Mobile cranes facilitate the green movement of heavy equipment and components inside production facilities, enhancing productivity and operational performance. As manufacturing sports amplify globally, the demand for cellular cranes maintains to upward thrust, driving marketplace growth inside this sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Mobile Crane Boom Type Segment Analysis

According to Cognitive Market Research, the dominating category is Lattice Boom. The lattice boom phase is witnessing an increase in the mobile crane market because of its versatility and functionality to handle heavy lifting duties in diverse industries. Lattice increase cranes are favored for their excessive lifting capacities and lengthy attain, making them ideal for annoying construction, infrastructure, and business tasks. As the want for strong lifting solutions grows, the lattice growth crane market expands therefore.

The fastest-growing category in the Mobile Crane market is Telescopic Boom. The telescopic increase segment is experiencing a strong increase inside the mobile crane marketplace due to its versatility and adaptability to an extensive range of lifting programs. Telescopic increase cranes provide flexibility in reach and peak, making them appropriate for construction, infrastructure, and industrial projects. Their compact layout and rapid deployment skills further contribute to their popularity and increasing marketplace demand within this section.

• Lattice Boom
• Telescopic Boom

Mobile Crane Carrier Type Segment Analysis

According to Cognitive Market Research, the dominating category is Wheel mounted. The wheel-established phase is witnessing good-sized growth within the mobile crane market due to its mobility and ease of transportation between activity websites. These cranes offer flexibility and accessibility for diverse lifting programs in construction, infrastructure, and industrial projects. With their potential to navigate city and suburban areas efficiently, wheel-mounted cranes are increasingly favored using the expansion of this market phase.

The fastest-growing category in the Mobile Crane market is Track mounted. The track-hooked-up phase is experiencing a great increase within the mobile crane market due to its ability to navigate difficult terrains and provide stability on uneven surfaces. These cranes are desired for their versatility and suitability for off-street production initiatives and infrastructure tendencies. As demand for lifting answers in far-off and rugged environments increases, the music-hooked-up crane marketplace continues to extend thus.

• Wheel mounted
• Track mounted

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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