Press release
Global Mobile Crane Market Set to Soar: Major Growth Driven by Urban Expansion, Infrastructure Boom, and Tech Innovation 2025 | Top key players - Bauer Group, Caterpillar, Konecranes.
The Global Mobile Cranes Market reached US$ 17.73 billion in 2023 and is expected to reach US$ 29.51 billion by 2031, growing with a CAGR of 6.6% during the forecast period 2024-2031.Mobile Crane Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Mobile Crane Market encompasses the industry involved in the design, production, sales, and rental of cranes mounted on mobile platforms, such as trucks or crawlers. These cranes offer flexibility and mobility for lifting operations across construction, infrastructure, shipping, and industrial sectors. Market growth is driven by increasing construction activities, urban development, and demand for efficient material handling solutions.
List of the Key Players in the Mobile Crane Market: Action Construction Equipment Ltd., Bauer Group, Caterpillar, Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd., Konecranes, Liebherr-International AG, Sany Heavy Industry Co., Ltd., XCMG Construction Machinery Co., Ltd. and Zoomlion Heavy Industry Science and Technology Co., Ltd.
Industry Developments in USA:
In July 2025, Sarens introduced its latest heavy-lift innovation: the SGC‐170, a fully electric ring crane. This next-gen model matches the lifting capacity of traditional fuel-powered cranes (such as the SGC-120 and SGC-140), while offering significant operational efficiencies. It features a modular drivetrain streamlining transport and relocation and fewer connection points to reduce setup time to under a week. His high-capacity, eco-friendly design reflects the industry's growing shift toward sustainable lifting solutions.
An August 2025 industry report highlights a rising demand for mobile construction cranes across the globe. In particular, North America (including the U.S.) is expected to see robust growth with demand anchored by large-scale infrastructure investments and renewable energy deployments. The U.S.'s massive Infrastructure Investment and Jobs Act, among others, is fueling this rise, with strong adoption of mobile cranes for urban construction, energy projects, and transportation networks.
Growth Forecast Projected:
The Global Mobile Crane Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Mobile Crane Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Mobile Crane Market:
By Product: Truck-Mounted Cranes, Trailer-Mounted Cranes, Crawler Cranes, Others.
By Capacity: Up to 10 Tons, 10-50 Tons, 50-100 Tons, More than 100 Tons.
By Propulsion: Internal Combustion Engine (ICE) Cranes, Electric.
By End-User: Construction, Mining and Excavation, Marine and Offshore, Industrial Applications, Others.
Regional Analysis for Mobile Crane Market:
The regional analysis of the Mobile Crane Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Mobile Crane market?
➠ Who are the leading manufacturers in the global Mobile Crane industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Mobile Crane industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Mobile Crane market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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