Press release
Mobile Construction Cranes Market Will Hit USD 17.2 Billion by 2035 | Key Players: Liebherr, Trex Corporation, Manitowoc, Zoomlion
The global Mobile Construction Cranes Market, valued at USD 11.6 billion in 2025, is projected to reach USD 17.2 billion by 2035, driven by a steady CAGR of 4.0%. Fueled by steady infrastructure expansion, renewable energy projects, and rapid urban development, mobile construction cranes are essential for lifting and positioning heavy materials in construction, energy, and industrial applications. This press release explores the key drivers, projections, and opportunities shaping this vital industry.Browse for Full Report: https://www.factmr.com/report/2299/mobile-construction-cranes-market
Why Is the Market Expanding?
Global construction spending, reaching USD 12.5 trillion in 2025, drives demand for mobile cranes, with 60% of projects requiring them for high-rise buildings and infrastructure. Renewable energy projects, with 1,500 GW of global wind and solar capacity added in 2024, rely on cranes for turbine and panel installation, improving efficiency by 15%.
Urban development, with 2.5 billion people living in cities by 2025, boosts crane use in 70% of residential and commercial projects. Innovations like Liebherr's 2025 hybrid cranes reduce fuel consumption by 20%. Regulatory incentives, such as the EU's 2025 green infrastructure policies, increase crane adoption by 10%. High costs (USD 100,000-1 million per crane) are mitigated by rental models, cutting expenses by 12%.
What Are the Key Market Projections?
The market is set to create an absolute dollar opportunity of USD 5.6 billion by 2035, growing from USD 11.6 billion in 2025 to USD 17.2 billion at a 4.0% CAGR. The all-terrain cranes segment, holding a 35% share in 2025, is projected to grow at a 4.5% CAGR, generating USD 2.0 billion in opportunities due to its versatility in urban and rugged sites.
Asia-Pacific, with a 40% share in 2025, leads with a 4.8% CAGR, driven by China's USD 1 trillion infrastructure investments and India's 10% urban growth. North America, growing at a 3.5% CAGR, benefits from the U.S.'s USD 1.2 trillion infrastructure plan. Historical growth from 2020 to 2024 averaged a 3.5% CAGR, with steady momentum expected. Short-term growth (2025-2028) focuses on infrastructure, while long-term trends (2029-2035) emphasize renewable energy and industrial applications.
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How Can Stakeholders Capitalize on Opportunities?
Stakeholders in construction, energy, and equipment rental sectors can leverage opportunities by investing in hybrid cranes, like Trex's 2025 electric models, reducing emissions by 15%. Partnerships, such as Zoomlion's 2024 collaboration with Asian developers, expand market reach in Asia-Pacific, projected to account for 45% of demand by 2030.
Focusing on all-terrain cranes, contributing 35% of revenue in 2025, ensures scalability for diverse projects. Compliance with OSHA and EN 13000 standards boosts market trust, while targeting high-growth markets like India, with a 5.5% CAGR, unlocks potential. Developing cost-effective rental models, priced 10% lower than premium options, addresses budget-conscious contractors.
What Does the Report Cover?
Fact.MR's report analyzes the Mobile Construction Cranes Market across 30+ countries, covering segments by type (truck cranes, all-terrain cranes, crawler cranes, others), application (construction, renewable energy, industrial, others), and region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa).
It highlights trends like hybrid technology, telematics integration, and compact designs. Combining primary research from industry experts and secondary data, the report provides actionable insights into market dynamics, competitive strategies, and growth opportunities through 2035.
Who Are the Market Leaders?
Key players include Liebherr, Trex Corporation, Manitowoc, and Zoomlion. Liebherr's 2025 hybrid cranes strengthened its renewable energy portfolio, while Trex's 2024 compact cranes gained traction in urban projects. These companies, holding over 50% of the market, drive innovation through R&D and partnerships, such as Manitowoc's 2024 collaboration with European wind farms. Regional players like SANY focus on cost-effective solutions for Asia-Pacific, enhancing competitiveness. Strategic expansions, like Zoomlion's 2024 facility in India, bolster market presence.
What Challenges and Solutions Exist?
High crane costs (USD 100,000-1 million) and operator shortages, affecting 15% of projects, pose challenges. Regulatory delays, averaging 12 months, and fuel price volatility, with oil at USD 80 per barrel in 2025, hinder growth. Solutions include hybrid cranes, reducing fuel costs by 20%, and telematics, improving efficiency by 15%. Localized production in Asia-Pacific, adopted by 20% of manufacturers, mitigates supply risks. Training programs, like Liebherr's 2025 initiatives, address skill gaps. Compliance with OSHA and EN 13000 standards ensures market resilience.
What Are the Recent Developments?
In 2025, global construction spending rose by 5%, boosting crane demand by 7%, with Asia-Pacific's 40% share driven by China's USD 1 trillion infrastructure projects. Liebherr's 2025 hybrid cranes supported 20% of wind turbine installations. North America's 3.5% CAGR aligns with the U.S.'s USD 1.2 trillion infrastructure plan. Zoomlion's 2024 all-terrain cranes improved urban project efficiency by 15%. Regulatory advancements, like the EU's 2025 green infrastructure policies, increased eco-friendly crane adoption by 10%.
Check out More Related Studies Published by Fact.MR Research:
All-terrain Cranes Market: https://www.factmr.com/report/1907/all-terrain-cranes-market
Truck Cranes Market: https://www.factmr.com/report/2169/truck-crane-market
Crawler Cranes Market: https://www.factmr.com/report/2236/crawler-cranes-market
Recycled Construction Aggregates Market: https://www.factmr.com/report/2890/recycled-construction-aggregates-market
Hybrid Construction Equipment Market: https://www.factmr.com/report/3491/hybrid-construction-equipment-market
STS (Ship-to-Shore) Cranes Market: https://www.factmr.com/report/4381/sts-ship-to-shore-cranes-market
Boom Cranes Market: https://www.factmr.com/report/boom-cranes-market
Used Construction Equipment Market: https://www.factmr.com/report/used-construction-equipment-market
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Conclusion:
The Global Mobile Construction Cranes Market is set to reach USD 17.2 billion by 2035, driven by a 4.0% CAGR. With infrastructure expansion, renewable energy growth, and urbanization driving demand, the market offers transformative opportunities. Stakeholders can leverage Fact.MR's insights to target high-growth regions like Asia-Pacific and North America, invest in sustainable and automated cranes, and address cost and regulatory challenges to thrive in this critical industry.
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