Press release
Global Mobile Cranes Market Outlook 2026-2036: Strategic Trends, Innovation Drivers & Growth Opportunities
Mobile Cranes Market
According to Future Market Insights (FMI), the market is valued at USD 18.9 billion in 2025 and is projected to reach USD 36.1 billion by 2035, expanding at a compound annual growth rate (CAGR) of 6.7%.
The FMI report, "Mobile Cranes Market Size, Share, and Forecast 2025-2035," indicates global revenues will grow by nearly USD 17.2 billion over the decade, driven by escalating demand for versatile lifting solutions in construction, energy, and logistics sectors.
A Decade of Growth Anchored by Electrification and Infrastructure Surge:
The shift from diesel-dependent to electric and hybrid mobile cranes is redefining operational efficiency and sustainability. Between 2025 and 2030, the mobile cranes market will expand by USD 7.2 billion, spearheaded by construction booms in emerging economies and renewable energy projects.
Between 2030 and 2035, FMI forecasts an additional USD 10 billion in market growth, underscoring deeper adoption of telematics, autonomous features, and compact designs for urban deployments.
"Electric mobile cranes are revolutionizing job sites with zero-emission performance and lower lifecycle costs," said an FMI research analyst. "Advancements in battery tech and smart controls are making them indispensable for modern infrastructure builds."
Mobile Cranes Key Market Insights at a Glance:
- Metric- Global Estimate
- Market Value (2025)- USD 18.9 billion
- Forecast Value (2035)- USD 36.1 billion
- CAGR- 6.7%
- Top Capacity- 11 to 50 tons (28.4% share)
- Dominant Propulsion- Electric (61% share)
- Fastest-Growing End-Use- Construction and Mining (7.2% CAGR)
The Fastest-Growing Mobile Cranes Market:
FMI's analysis highlights India's ascent as a pivotal global growth engine. The market is poised to surge at a CAGR of 7.3% through 2035, propelled by ambitious infrastructure corridors, smart city initiatives, and the Pradhan Mantri Awas Yojana housing drive. Electric models already capture over 50% of new procurements, prioritizing mobility in congested urban zones, while digital rental platforms accelerate access for SMEs.
Mobile Cranes Five Forces Driving Market Expansion:
Electrification Momentum: Battery innovations and regenerative braking slash emissions and fuel costs by up to 40%.
Infrastructure Boom: Worldwide spending on roads, bridges, and renewables is slated to climb 35% by 2035, amplifying crane needs.
Urbanization Pressures: Compact, low-noise electric cranes suit high-density projects in megacities.
Technological Edge: Telematics and AI enable predictive maintenance, boosting uptime by 25%.
Rental Ecosystem: Flexible leasing models via online portals democratize access, with e-commerce channels growing at 8% CAGR.
Mobile Cranes Market Segment Overview:
By Capacity: The 11 to 50 tons segment dominates with 28.4% of 2025 revenues, ideal for mid-scale construction; above-50-tons variants will lead heavy-lift growth.
By Propulsion: Electric cranes hold a commanding 61% share, outpacing internal combustion by emphasizing green compliance and quiet operation.
By End-Use: Construction and mining command 40-45% demand, trailed by oil & gas (12-15%) and ports (10-12%); utilities and logistics round out rising applications.
Mobile Cranes Market Regional Overview:
North America: Steady 5.2% CAGR in the U.S., buoyed by shale energy revivals and data center builds.
Europe: From USD 4.8 billion in 2025 to USD 8.4 billion by 2035 (CAGR 5.8%), with Germany's 29.3% regional share fueling precision engineering demands.
Asia Pacific: Region's powerhouse, with India (7.3%), China (6.5%), and Japan (6.1%) driving 45% of global gains via mega-projects.
Middle East & Africa: Saudi Arabia's 7.1% CAGR highlights Vision 2030 megacities and diversification.
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Mobile Cranes Market Competitive Landscape:
* Liebherr Group
* Tadano Ltd.
* Zoomlion Heavy Industry
* XCMG Construction Machinery
* Sany Heavy Industry
* KATO WORKS
* Kobelco Construction Machinery
* Hitachi Sumitomo Heavy Industries
* The Manitowoc Company
Collectively, Liebherr and Tadano command 46-52% of global share. Their emphasis on modular designs, IoT integration, and emission-free fleets signals a competitive pivot toward intelligent, sustainable lifting.
Mobile Cranes Market Outlook: Lifting the Future of Construction:
The coming decade will transform mobile cranes from brute-force machines into smart, connected assets. Breakthroughs in autonomy, remote monitoring, and hybrid powertrains promise unprecedented safety and efficiency.
"Mobile cranes are evolving into ecosystem enablers, syncing with digital twins and green mandates," the FMI analyst noted. "Leaders investing in versatile, data-rich platforms will hoist the industry to new heights amid global buildouts."
Related Reports:
Stacker Crane Market- https://www.futuremarketinsights.com/reports/stacker-crane-market
Industrial Automation Market- https://www.futuremarketinsights.com/reports/industrial-automation-market
Industrial Safety Footwear Market- https://www.futuremarketinsights.com/reports/industrial-safety-footwear-market
Have a specific Requirements and Need Assistant on Report Pricing or Limited Budget please contact us - sales@futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights (FMI) is a global market intelligence firm providing syndicated research, customized consulting, and strategic insights across diverse sectors. With a client base spanning more than 150 countries, FMI delivers actionable data and predictive analysis that empower businesses to make informed decisions and capitalize on emerging opportunities.
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