India Knuckle Boom Crane Market (2025-2031) | Value, Size, Outlook, Revenue, Trends, Forecast, Industry, Companies, Analysis, Growth & Share

India Knuckle Boom Crane Market Highlights

Report Name	India Knuckle Boom Crane Market
Forecast period	2025-2031
CAGR	6%
Growing Sector	Construction

Topics Covered in the India Knuckle Boom Crane Market Report

The India Knuckle Boom Crane Market report thoroughly covers the market by Type and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Knuckle Boom Crane Market Synopsis

The India Knuckle Boom Crane Market has shown significant growth over the past decade and will experience growth in the coming years. This growth of the market is due to the increasing government focus on development, urbanization of the country, rise in industrial activities, and technological advancements.

According to 6Wresearch, the India Knuckle Boom Crane Market size is expected to grow at a significant CAGR of 6% during 2025-2031. The government's focus on infrastructural development of the country is a significant driver for the market. These projects required efficient and technologically advanced equipment like knuckle boom cranes to meet their construction needs. Rapid urbanization experienced by India led to an increase in residential and commercial spaces. This rise in construction activities led to the demand for the knuckle boom crane market. Moreover, with the advancements in technology, there is an increasing adoption of modern equipment like knuckle boom cranes. These cranes offer better efficiency and productivity, reducing the overall project timeline and costs.

One of the major challenges for the Indian knuckle boom crane market is the high initial investment required to purchase these cranes. Operating a knuckle boom crane requires specialized training and skills. However, there is a shortage of skilled operators in India, making it difficult for companies, thus making them difficult to find suitable candidates.

India Knuckle Boom Crane Industry: Leading Players

The Indian knuckle boom crane market is highly competitive with a few major players dominating the industry. Some of the key players operating in this market include TIL Limited, ACE Ltd., Escorts Group, Action Construction Equipment Ltd (ACE), Gru Comedil SRL, XCMG Group., ESCORTS GROUP, Effer S.p.A., Terex Corporation, and Zoomlion Heavy Industry Science & Technology Co., Ltd. These companies have a strong foothold in the construction and material handling equipment industry and offer a wide range of knuckle boom cranes to cater to various customer needs.

India Knuckle Boom Crane Market: Government Regulations

One initiative by the government is the Make in India program which encourages domestic manufacturing and production of goods. This has led to an increase in local production of cranes, making them more affordable for buyers. They have been promoting infrastructure development through various initiatives, such as the National Infrastructure Pipeline (NIP) and Bharatmala Pariyojana. Moreover, the government has also introduced reforms in the ease of doing business to attract foreign investments and promote the growth of industries, including construction. Additionally, the government has also implemented various tax incentives and subsidies for infrastructure projects, which have made it more cost-effective for companies to invest in cranes.

Future Insights of the Market

The India Knuckle Boom Crane market is expected to witness significant growth in the coming years. The country's rapid urbanization and increasing demand for infrastructure development are driving the market's growth. In addition, technological advancements have led to the development of advanced knuckle boom cranes with features like remote control, enhanced manoeuvrability, and improved safety measures. With increasing investments in renewable energy projects, there is also a growing demand for knuckle boom cranes in this sector.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the small boom range segment is witnessing significant growth in the Indian market due to its compact size and manoeuvrability which are ideal for use in urban areas.

Market Segmentation by Applications

The construction segment is expected to dominate the India Knuckle Boom Crane market due to the increasing demand for infrastructure development and construction projects. Moreover, the rising investment in various road, rail, and metro projects is also contributing to the growth of this segment.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

•  India Knuckle Boom Crane Market Overview
•  India Knuckle Boom Crane Market Outlook
•  India Knuckle Boom Crane Market Forecast
• Historical Data of India Knuckle Boom Crane Market Revenues & Volume for the Period 2021-2031
•  India Knuckle Boom Crane Market Size and India Knuckle Boom Crane Market Forecast of Revenues & Volume, Until 2031
• Historical Data of India Knuckle Boom Crane Market Revenues & Volume, By Types, for the Period 2021-2031
• Market Size & Forecast of India Knuckle Boom Crane Market Revenues & Volume, By Types Until 2031
• Historical Data of India Knuckle Boom Crane Market Revenues & Volume, By Applications, for the Period 2021-2031
• Market Size & Forecast of India Knuckle Boom Crane Market Revenues & Volume, By Applications, Until 2031
• Market Drivers and Restraints
• India Knuckle Boom Crane Market Price Trends
• India Knuckle Boom Crane Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• India Knuckle Boom Crane Market Share, By Players
• India Knuckle Boom Crane Market Share, By Regions
• India Knuckle Boom Crane Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

• Small Boom Range
• Medium Boom Range
• Large Boom Range

By Applications

• Construction
• Transport
• Marine
• Mining
• Forestry
• Others