Product Code: ETC13389320 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Mobile Cranes Market was valued at USD 4000 Billion in 2024 and is expected to reach USD 6670 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period (2025-2031).
The Global Mobile Cranes Market is experiencing steady growth driven by factors such as increasing urbanization, infrastructure development projects, and the expansion of the construction industry worldwide. Mobile cranes are versatile and widely used in various applications such as construction, oil & gas, mining, and transportation. The market is witnessing technological advancements with the integration of features like telematics, GPS tracking, and automation, enhancing operational efficiency and safety. North America and Europe are significant markets due to ongoing infrastructure projects, while emerging economies in Asia-Pacific, particularly China and India, are expected to offer lucrative opportunities for market growth. Key players in the global mobile cranes market include Liebherr, Tadano Ltd., Terex Corporation, and Manitowoc Company Inc., among others.
The Global Mobile Cranes Market is experiencing growth due to increasing construction activities worldwide, particularly in emerging economies. The market is witnessing a trend towards the adoption of technologically advanced mobile cranes with features such as telematics, automation, and safety enhancements. Additionally, there is a rising demand for environmentally friendly and energy-efficient mobile cranes. Opportunities in the market include the expansion of rental services for mobile cranes, as well as the development of innovative products to cater to specific industry needs. The market is also seeing a shift towards electric and hybrid mobile cranes to meet sustainability goals. Overall, the Global Mobile Cranes Market is expected to continue its growth trajectory, driven by infrastructure development projects and advancements in crane technology.
The Global Mobile Cranes Market faces several challenges, including intense competition among manufacturers leading to price wars and margin pressures. Additionally, economic uncertainties and fluctuations in construction activities in key regions can impact the demand for mobile cranes. Regulatory requirements and safety standards also pose challenges for manufacturers in terms of compliance and additional costs. The complexity of transporting and assembling mobile cranes, especially for larger models, can create logistical challenges for end-users. Moreover, the need for skilled operators and technicians presents a challenge in terms of training and recruitment. Overall, navigating these challenges requires strategic planning, innovation in product development, and a strong focus on customer needs to sustain growth in the Global Mobile Cranes Market.
The Global Mobile Cranes Market is primarily driven by the increasing demand for infrastructure development projects, including construction of buildings, bridges, and roads worldwide. Growing urbanization, population growth, and industrialization are fueling the need for efficient and flexible lifting equipment, such as mobile cranes, to handle heavy lifting tasks in confined spaces. Additionally, technological advancements in mobile crane designs, such as improved safety features, higher lifting capacities, and enhanced maneuverability, are further propelling market growth. Furthermore, the rising adoption of rental services for mobile cranes by construction companies and contractors is also contributing to the market expansion, as it allows for cost-effective access to specialized equipment without the need for high upfront investments.
Government policies related to the Global Mobile Cranes Market primarily focus on safety regulations, emissions standards, and infrastructure development. Many countries have stringent safety guidelines in place to ensure the safe operation of mobile cranes, including certification requirements for operators and regular inspections of equipment. In terms of emissions, there is a growing emphasis on reducing the environmental impact of mobile cranes through stricter emission standards and encouraging the use of cleaner technologies. Additionally, government investments in infrastructure projects, such as roads, bridges, and buildings, play a significant role in driving the demand for mobile cranes. Overall, government policies aim to promote the safe and sustainable growth of the Global Mobile Cranes Market while supporting economic development through infrastructure investments.
The Global Mobile Cranes Market is expected to witness steady growth in the coming years due to increasing demand from the construction and infrastructure sectors. Factors such as urbanization, industrialization, and the need for efficient material handling solutions are driving the market growth. Technological advancements, such as the integration of IoT and telematics in mobile cranes, are also expected to propel market expansion. Additionally, the growing focus on sustainable practices and energy-efficient equipment is likely to influence product development in the market. However, challenges such as high initial investment costs and regulatory constraints may hinder market growth to some extent. Overall, the Global Mobile Cranes Market is anticipated to experience moderate growth driven by infrastructure development projects and technological innovations.
In the global Mobile Cranes market, Asia Pacific is expected to witness significant growth due to rapid urbanization and infrastructure development in countries like China and India. North America is projected to show steady growth driven by ongoing construction activities and industrial projects. Europe is likely to see moderate growth as the region focuses on sustainable development and green initiatives. The Middle East and Africa region is anticipated to exhibit substantial growth due to increased investments in the construction and energy sectors. Latin America is expected to experience moderate growth as the region recovers from economic challenges and invests in infrastructure projects. Overall, the global Mobile Cranes market is expected to witness steady growth across different regions, driven by infrastructure development and construction activities.
Global Mobile Cranes Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Mobile Cranes Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Mobile Cranes Market Revenues & Volume, 2021 & 2031F |
3.3 Global Mobile Cranes Market - Industry Life Cycle |
3.4 Global Mobile Cranes Market - Porter's Five Forces |
3.5 Global Mobile Cranes Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Mobile Cranes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Mobile Cranes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Mobile Cranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Mobile Cranes Market Trends |
6 Global Mobile Cranes Market, 2021 - 2031 |
6.1 Global Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Mobile Cranes Market, Revenues & Volume, By Truck Mounted Crane, 2021 - 2031 |
6.1.3 Global Mobile Cranes Market, Revenues & Volume, By Trailer Mounted Crane, 2021 - 2031 |
6.1.4 Global Mobile Cranes Market, Revenues & Volume, By Crawler Crane, 2021 - 2031 |
6.2 Global Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Mobile Cranes Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.2.3 Global Mobile Cranes Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.2.4 Global Mobile Cranes Market, Revenues & Volume, By Utility, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Mobile Cranes Market, Overview & Analysis |
7.1 North America Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
7.2 North America Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Mobile Cranes Market, Overview & Analysis |
8.1 Latin America (LATAM) Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Mobile Cranes Market, Overview & Analysis |
9.1 Asia Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Mobile Cranes Market, Overview & Analysis |
10.1 Africa Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Mobile Cranes Market, Overview & Analysis |
11.1 Europe Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Mobile Cranes Market, Overview & Analysis |
12.1 Middle East Mobile Cranes Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Mobile Cranes Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Mobile Cranes Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Mobile Cranes Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Mobile Cranes Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Mobile Cranes Market Key Performance Indicators |
14 Global Mobile Cranes Market - Export/Import By Countries Assessment |
15 Global Mobile Cranes Market - Opportunity Assessment |
15.1 Global Mobile Cranes Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Mobile Cranes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Mobile Cranes Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Mobile Cranes Market - Competitive Landscape |
16.1 Global Mobile Cranes Market Revenue Share, By Companies, 2024 |
16.2 Global Mobile Cranes Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |