Product Code: ETC049985 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Mobile Crane Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.80% in 2025, growth builds up to 8.30% by 2029.
By 2027, Thailand's Mobile Crane market is forecasted to achieve a stable growth rate of 3.72%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The mobile crane market in Thailand includes the sales and rental of mobile cranes, which are versatile lifting equipment used in construction, infrastructure development, and various industrial applications. These cranes offer mobility and flexibility, making them valuable for projects requiring frequent repositioning and lifting heavy loads. Before the Covid-19 pandemic, the Thailand mobile crane market was experiencing steady growth, driven by a boom in construction and infrastructure projects. However, the pandemic had a significant impact on the market due to delays in projects and disruptions in supply chains.
Thailand growing construction and infrastructure sectors have been major drivers for the mobile crane market. Mobile cranes are essential for various industrial applications, including heavy machinery installation and maintenance. The energy industry requires mobile cranes for tasks such as erecting wind turbines and maintaining power generation facilities. Mobile cranes offer flexibility and efficiency in handling different lifting tasks, making them popular among various industries. The availability of rental services for mobile cranes has made them accessible to a broader range of businesses.
Adhering to safety regulations and obtaining the necessary permits for operating mobile cranes can be a challenge. The mobile crane market is competitive, with various players offering a range of crane models and services. Purchasing mobile cranes requires a significant upfront investment, which may deter smaller businesses. Fluctuations in the Thailand economy can impact construction and industrial activities, affecting mobile crane demand.
The Covid-19 pandemic had a noticeable impact on the Thailand mobile crane market. Construction and infrastructure projects faced delays or cancellations due to lockdowns and restrictions, reducing the demand for mobile cranes. Additionally, supply chain disruptions affected the availability of crane components and spare parts. However, as economic activities resumed, the market started to show signs of recovery.
The Thailand mobile crane market comprises various local and international companies offering mobile cranes and related services. Some key players in the market include: ITA Heavy Equipment Co., Ltd., Tat Hong Holdings Ltd., Nishio Rent All (Thailand) Co., Ltd, Tutt Bryant Group Limited, Kobelco Construction Machinery Southeast Asia Co., Ltd.
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 Thailand Mobile Crane Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Mobile Crane Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Mobile Crane Market - Industry Life Cycle |
3.4 Thailand Mobile Crane Market - Porter's Five Forces |
3.5 Thailand Mobile Crane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Mobile Crane Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Thailand Mobile Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Mobile Crane Market Trends |
6 Thailand Mobile Crane Market, By Types |
6.1 Thailand Mobile Crane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Mobile Crane Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Mobile Crane Market Revenues & Volume, By Truck Mounted, 2021-2031F |
6.1.4 Thailand Mobile Crane Market Revenues & Volume, By Trailer Mounted, 2021-2031F |
6.1.5 Thailand Mobile Crane Market Revenues & Volume, By Crawler Crane, 2021-2031F |
6.2 Thailand Mobile Crane Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Mobile Crane Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Thailand Mobile Crane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Thailand Mobile Crane Market Revenues & Volume, By Utility, 2021-2031F |
7 Thailand Mobile Crane Market Import-Export Trade Statistics |
7.1 Thailand Mobile Crane Market Export to Major Countries |
7.2 Thailand Mobile Crane Market Imports from Major Countries |
8 Thailand Mobile Crane Market Key Performance Indicators |
9 Thailand Mobile Crane Market - Opportunity Assessment |
9.1 Thailand Mobile Crane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Mobile Crane Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Thailand Mobile Crane Market - Competitive Landscape |
10.1 Thailand Mobile Crane Market Revenue Share, By Companies, 2024 |
10.2 Thailand Mobile Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |