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Mobile Cranes Market Outlook 2025-2035: Leading Manufacturers Include Sany Heavy Industries, Manitowoc, Konecranes, Liebherr, & Others

08-04-2025 04:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Mobile Crane Market

Mobile Crane Market

The global mobile crane market is on a trajectory for substantial expansion, projected to nearly double in value from USD 18.9 billion in 2025 to an impressive USD 35.2 billion by 2035, demonstrating a steady Compound Annual Growth Rate (CAGR) of 6.7%. This robust growth is primarily propelled by escalating infrastructure development worldwide and an increased demand for efficient lifting solutions across critical sectors including construction, oil & gas, and logistics.

Browse Full Report Here: https://www.futuremarketinsights.com/reports/mobile-cranes-market

Key Market Segments Driving Future Growth

A pivotal segment driving this market expansion is cranes with capacities ranging from 11 to 50 tons, which are anticipated to command the largest market share of approximately 28.4% in 2025. These cranes are highly favored for their optimal balance of lifting capability and maneuverability, making them exceptionally versatile for a broad spectrum of applications, from commercial construction to intricate industrial projects. Their adaptability for medium-sized tasks, coupled with advancements in hydraulic systems and telematics, reinforces their dominance.

Simultaneously, the market is witnessing a significant shift towards sustainable solutions, with electric cranes gaining considerable traction. Holding a 15.7% market share in 2025, electric propulsion mobile cranes are benefiting from growing regulatory pressures for zero-emission targets and their increasing adoption in urban environments where noise and pollution regulations are stringent. This trend is underscored by recent innovations, such as Liebherr Group's introduction of the LTM 1150-5.4E at Bauma 2025. This all-electric mobile crane, featuring a 111 kW motor and integrated battery pack, can operate emissions-free for up to four hours without external power, aligning perfectly with the industry's push for greener construction technologies.

Regional Dynamics and Growth Hotspots

Regionally, Asia Pacific is leading the charge as the fastest-growing market, fueled by rapid urbanization, extensive industrialization, and large-scale infrastructure projects across nations like China, India, and Japan. North America and Europe continue to maintain a strong market presence, supported by well-established construction sectors and a consistent demand for advanced crane technologies.

Specific country-level insights highlight significant growth areas. India is projected to witness a robust CAGR of around 7.3% through 2035, driven by ambitious government infrastructure initiatives like the Urban Infrastructure Development Fund and the Bharatmala Pariyojana. The Kingdom of Saudi Arabia is also poised for substantial growth, with sales projected to reach USD 881.7 million and a CAGR of 7.1% by 2035, largely due to soaring investments in port facilities and logistics infrastructure. China, a manufacturing hub, continues its strong expansion with a 6.5% CAGR, while developed economies like the United States and Germany are expected to contribute significantly, with the U.S. market projected to reach USD 2,632.8 million at a 5.2% CAGR by 2035, bolstered by its well-developed transport and logistics sector.

Competitive Landscape and Innovation Drive

The mobile crane market is moderately consolidated, with Tier 1 companies, including industry giants like Liebherr Group, Tadano Ltd., and Zoomlion Heavy Industry Science and Technology Co., Ltd., capturing a significant share of 70% to 75%. These leaders are characterized by high production capacity, extensive product portfolios, and global reach. Tier 2 players, such as Sany Heavy Industry Co., Ltd. and The Manitowoc Company, Inc., also play a crucial role, particularly in regional markets.

Major manufacturers are actively investing in product innovation, expanding their portfolios to include hybrid and electric cranes, enhancing safety features, and improving operational efficiency. Recent industry updates include Liebherr's launch of the LTM 1400-6.1, a six-axle mobile crane with a 400-ton lifting capacity, and the LG 1800-1.0, an 800-ton capacity crane combining mobile and crawler crane features. Tadano Ltd. also introduced its fully electrified rough terrain crane, the EVOLT eGR-250N, in December 2023. These innovations underscore the industry's commitment to meeting evolving customer demands and adhering to environmental standards.

Industry Trends and Opportunities

Beyond product innovation, several key trends are shaping the market. Rising governmental investments in infrastructure development, such as China's 14th Five-year Plan and the U.S. Bipartisan Infrastructure Law, are creating immense demand. The surging need for affordable housing and commercial spaces, particularly in emerging economies, further boosts the demand for versatile mobile cranes. The shift towards hybrid and electric models presents new opportunities for manufacturers to develop environmentally friendly solutions, while the adoption of GPS and telematics technology is revolutionizing fleet management by providing real-time visibility and optimizing operational efficiency.

Request a Sample Report Here: https://www.futuremarketinsights.com/reports/sample/rep-gb-1979

Challenges and Future Outlook

Despite the promising growth, the market faces complexities related to adherence to diverse regional and international safety and environmental standards, such as OSHA, ANSI, and EN 13000. These regulations increase manufacturing costs and time to market. However, the overall outlook remains highly positive. The mobile crane market is set for a period of dynamic growth, driven by global infrastructure ambitions, technological advancements, and a strong commitment to sustainable practices, promising lucrative opportunities for manufacturers and suppliers alike.

Related Reports:

District Cooling Market- https://www.futuremarketinsights.com/reports/district-cooling-market

Telescopic Masts Market- https://www.futuremarketinsights.com/reports/telescopic-masts-market

Electrical Digital Twin Market- https://www.futuremarketinsights.com/reports/electrical-digital-twin-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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