Press release
UAE Crane Rental Market is seeing strong growth at a CAGR of 8.4% to reach $2.22 billion by 2030. | Key Players:- Al Faris Equipment Rentals, Aertssen Machinery Services, Safest Lift, Kanoo Cranes
crane rental
DataM Intelligence unveils its latest report on the "crane rental market size 2026," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.
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United States: Key Industry Developments
✅ December 2025: Maxim Crane Works expanded its fleet with 51 new Grove mobile cranes, enhancing capacity for major infrastructure projects and improving operational efficiency amid rising construction demands nationwide.
✅ October 2025: Ahern Rentals announced advancements in telematics-enabled crane rentals, integrating remote monitoring systems to boost safety and reduce downtime for industrial applications in key U.S. regions.
✅ August 2025: The Bay Crane Companies acquired Capital City Group, Inc., strengthening market position in North American crane rentals and supporting growth in construction and mining sectors.
Asia Pacific / Japan: Key Industry Developments
✅ November 2025: Tata Elxsi partnered with Suzuki to establish a Cloud HIL Center in Japan, accelerating testing for advanced crane technologies and promoting software integration in rental fleets.
✅ September 2025: Japanese firms at Japan Mobility Show showcased telematics-upgraded mobile cranes for rental markets, focusing on sustainability and efficiency to meet urban infrastructure needs.
✅ July 2025: Insights from SDV 2025 Tokyo highlighted Eatron's AI-driven crane management software launches, optimizing battery and operations for rental services in high-demand construction projects.
FDA Approvals 2025
ZEISS MEL 90 excimer laser gained FDA approval on January 12, 2025, for myopia, hyperopia, and mixed astigmatism, integrating with VISUMAX 800 for streamlined workflows.
M&A Activity
Herc Holdings acquired H&E Equipment Services for $5.3B in 2025, creating a North American rental powerhouse with expanded fleet and customer reach.
Tadano completed acquisition of Manitex International in January 2025, integrating it as a wholly-owned subsidiary to bolster lifting solutions.
All Family/All Crane acquired Lampson International in June 2023 (noted for ongoing impact), enhancing heavy-lift capabilities across North America.
Recent Partnerships
LIEBHERR partnered with Real Guindastes in April 2025 to deploy a 1000 EC-H tower crane for Vale's S11D mining project in Brazil.
Konecranes signed a supply deal in June 2025 with Impeccable Vintage Properties for an integrated crane system at Subang Airport, Malaysia.
Mammoet and Sarens expanded collaborations on Middle East megaprojects like NEOM, leveraging advanced equipment for energy and smart city builds.
Product Developments
Manitowoc unveiled hybrid-electric cranes, digital tools, and lifecycle services at Bauma 2025 in April, focusing on sustainability and uptime.
United Rentals expanded offerings via 2024 Yak Access acquisition ($1.1B), adding matting solutions for specialty rentals.
Industry shifts toward telematics-enabled cranes for predictive maintenance and fleet optimization drive ongoing R&D
Key Players:-
Major players in the market include Mammoet, Bay Crane, Sarens, Maxim Crane Works, Sanghvi Movers, Deep South, Weldex, Sarens NV, ALL Errection & Crane Rental Corp., Lampson International LLC, Action Construction Equipment Ltd., Maxim Crane Works, L.P. among others.
Growth Drivers
◾ Infrastructure Surge: Government capex via PMAY-U, Bharatmala, and metro projects drives sustained demand for mobile cranes in housing, highways, and urban infra
◾ Rapid Urbanization: Urban projects and commercial construction boost rentals, with mobile cranes dominating due to mobility across sites.
◾ Asset-Light Shift: Contractors prefer rentals over ownership for flexibility, cutting capex amid rising FDI in manufacturing and logistics.
◾ Election Recovery: Post-2024 slowdown ends with policy continuity, accelerating private/public project execution from 2025
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Regional Highlights:-
Asia Pacific
Asia Pacific holds the largest share at around 38% in 2025, fueled by urbanization in China and India. India's market is set to exceed USD 5.13 billion by 2034 at 6.7% CAGR, driven by highways, metro rails, and ports under initiatives like Bharatmala. Demand rises from residential, commercial, and renewable energy sectors.
North America
North America features steady growth at 3.8% CAGR through 2033, with the US market around USD 8 billion in 2025 backed by over USD 1.2 trillion in infrastructure spending. Construction accounts for over 60% of demand, plus mining and renewables. Key players like Maxim Crane Works expand fleets amid safety tech adoption.
Europe
Europe's market reaches USD 14.92 billion in 2024, projected to USD 22.55 billion by 2033, led by fixed cranes at 7.9% CAGR for offshore wind and industrial plants. Demand grows in Germany, UK, and others from urban regeneration and green energy. Economic recovery boosts investments across Western and Eastern regions.
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Market Segmentation:-
The Global Cranes Rental Market segments cranes by type into Mobile Cranes (All-terrain, Crawler, Rough Terrain, Truck Loader) and Fixed Cranes (Monorail, Tower, Stiff leg, Gantry). Mobile Cranes dominate due to their versatility, mobility across job sites, and suitability for dynamic construction environments, holding 68% market share. Fixed Cranes excel in stationary, high-altitude lifts for urban high-rises and ports, capturing 32% market share.
Market segmentation by capacity divides into Low (up to 50 tons), Medium (50-150 tons), and Heavy (over 150 tons). Low-capacity cranes serve residential and light commercial projects with cost efficiency, commanding 42% market share. Medium-capacity units balance power and maneuverability for infrastructure, at 35% share, while Heavy-capacity cranes handle mega-projects in oil, mining, taking 23% share.
End-user segmentation covers Building & Construction, Marine & Offshore, Mining & Excavation, Oil & Gas, Transportation, and Others. Building & Construction leads with booming urbanization and infrastructure spending, at 45% market share. Oil & Gas and Mining follow at 20% and 15% shares respectively for heavy-lift needs, Marine & Offshore at 10%, Transportation at 7%, and Others at 3%
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