Mobile Crane Market 2024| By Key Players, Application, Type, Share, and Forecast to 2031

The global mobile crane market is expected to grow at a CAGR of 6.3% during the forecast period. One key factor driving the market growth include the increasing participation of market players as they are launching new mobile cranes to compete with one another. For instance, in April 2022, Manitowoc’s Zhangjiagang launched the largest Potain topless crane in China. This new Potain MCT 805 topless tower crane is designed with an 80 m jib and provides 40 t and 32 t versions. It is a high-quality, affordable crane, and will target consumers in Asia, the Middle East, Africa, Australia, New Zealand, and Latin America. 

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Moreover, in May 2022, Franna, A Terex Corp., a brand for manufacturing mobile carry and pick cranes, made its entrance at Excon India, South Asia’s largest construction equipment exhibition, with the launch of the FR-17 pick and carry mobile crane. Combining enhanced safety features with high productivity, the FR-17 was the first Franna pick and carry mobile crane that was manufactured locally at the Terex facility in Hour. The FR 17 offers operators the versatility and flexibility to cater to numerous different lifting applications as its maximum rated capacity is 17 tons. This 4WD (four-wheel drive) crane was designed with the clutch free operation and is available with outriggers in India.    

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Market Coverage

• 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- Cargotec Corp., Konecranes Oyj, Tadano Ltd., Terex Corp., and Zoomlion Heavy Industry Science & Technology Co., Ltd.

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

Global Mobile Crane Market Report by Segment

By Type

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

By Application

• Construction
• Oil and Gas
• Manufacturing
• Power and Utilities
• Others (Mining)

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