Mobile Cranes Market Share, Size, Future Demand, and Emerging Trends

Mobile cranes are instrumental equipment pieces widely utilized in the construction industry. They are mounted on a prime mover and controlled by cables and pulleys. The design of the mobile cranes facilitates to and from transportation of various sites. Usually, it does not require much effort for assembling.

The mobile cranes industry is projected to rise in the coming years. It is ascribed to rising construction activities and rapid industrialization in emerging economies, and the adoption of GPS technology.

Truck-mounted cranes possess a massive loading capacity, and they facilitate ease in the transportation of goods from one place to another. Under the product type segment, the truck-mounted category holds the significant industry share.

In addition, the surging adoption of cranes in the construction of civil projects, hydropower and railway project, along with the mobile machinery requirement at remote and difficult terrain, or during lifting heavy loads in compact settings propels the industry growth.

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Crawler Crane


These cranes do not have wheels and move from one place to another through treads. Hence, they are known as crawlers. Civil engineers usually prefer to utilize this equipment as it is extremely stable, and carry loads up to 3500 tons.

Floating Crane

Floating cranes are widely used in the construction work of bridges, and ports. They can also be used for loading heavy or awkward cargo on and off ships.

Rough-Terrain Crane

These cranes are equipped with engines and wheels and can easily run through unpaved landscapes and terrains. Such cranes do not require site preparation. The prime mover running on four wheel produces enough power for boom and undercarriage operations in challenging landscapes.

Therefore, the rising constructing activities in emerging economies boost the demand for mobile cranes.

Mobile Cranes Market Analysis and Demand Forecast by 2030
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Mobile Cranes Market Analysis and Demand Forecast by 2030

The global mobile cranes market valued around $13 billion in 2020 and is expected to witness rapid growth during 2021-2030. Increasing construction activities in developing countries is driving the growth of mobile cranes industry.