What is the size of Crane Rental Market in India | Trends & Growth Analysis 2025

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Code: MTA10995

Publication Date: Nov 2025

What is the growth rate of the India Crane Rental Market?

According to 6Wresearch internal database and industry insights, the India Crane Rental Market is expected to grow at a CAGR of 10.7% during 2025-2031.

The key factors driving this growth include the expansion of infrastructure and urban construction, the increasing demand for flexible equipment hire by project contractors, and the rising use of mobile cranes in segments like renewable energy and mining or industrial maintenance.

Growth Factors for India Crane Rental Industry

Infrastructure development continues to spur contractors' preference for rental cranes over owned cranes for cost reasons.
Urbanisation and industrial growth frequently create short-term lifting needs that add to the demand for rental cranes.
Growth in renewable energy also stimulates heavy-lift crane rental demand.
Rental companies that have added advanced fleets with telematics, improved safety features are performing better than those without.
Contractors' preference for shorter project timelines and less capital expenditure is also accelerating the adoption of crane rental.

India Crane Rental Market Trends

The India Crane Rental Market is trending toward a shift in renting and leasing rigging equipment in the construction and industrial, and infrastructure segments. Equipment fleets are increasingly being refurbished with modular mobile crane units that allow for faster deployment and flexible capacity. Rental companies are also offering more value-added services, including providing operators and digital fleet tracking, which has resulted in improved utilisation and client experience. The regional growth in the southern and western corridors is strong and driven primarily by logistics hubs, ports, and renewable energy projects.

Emerging Developments in the India Crane Rental Market

Emerging developments in the India Crane Rental Market include increased integration of digital platforms and IoT systems for remote monitoring of crane operations and preventive maintenance. Rental firms are expanding services into under-penetrated Tier-2 and Tier-3 states, aligning with rising infrastructure investment outside major metros. Additionally, there is growing demand for high-capacity crawler and all-terrain cranes in segments such as oil & gas and mining, prompting rental companies to acquire specialised equipment and offer bespoke rental packages.