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Global Crane Market (by Type, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

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    Report

  • 93 Pages
  • May 2022
  • Region: Global
  • Koncept Analytics
  • ID: 5359554
10% Free customization
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

FEATURED COMPANIES

  • Cargotec Corporation
  • Konecranes PLC
  • Palfinger AG
  • Terex Corporation
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

The global crane market is forecasted to record a value of US$43.50 billion in 2026, progressing at a CAGR of 5.23%, over the period 2022-2026. The factors such as increasing investment in construction and infrastructure, rising demand in metallurgical industries, escalating preference of rental services, upsurge in e-commerce sector, rapid expansion of aerospace industry and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by high investment cost and dearth of skilled labor. A few notable trends may include surging mining activities, rapid growth of automotive industry, upswing in maritime activities and rising applications in power generation.



The global crane market is categorized on the basis of type and application. According to the type, the market can be split into mobile cranes, marine & port cranes and fixed cranes. Whereas, the global crane market can be bifurcated into construction, industrial application, mining and excavation, oil & gas and other applications, in terms of application.

Scope of the report

  • The report provides a comprehensive analysis of the global crane market segmented on the basis of type, application and region with potential impact of COVID-19.
  • The major regional markets Asia Pacific, North America, Europe and rest of the World (RoW) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Zoomlion Heavy Industry Science and Technology Co., Ltd., Cargotec Corporation, Konecranes PLC, Terex Corporation, Palfinger AG and The Manitowoc Company, Inc.) are also presented in detail.

Key Target Audience

  • Crane Manufacturers
  • Crane Distributors and Suppliers
  • End Users (Businesses/Consumers)
  • Association of Equipment Manufacturers
  • Research & Consulting Services

Please note: 10% free customization equates to up to 3 hours of analyst time. 

Frequently Asked Questions about the Global Crane Market

What is the estimated value of the Global Crane Market?

The Global Crane Market was estimated to be valued at $35.5 Billion in 2022.

What is the growth rate of the Global Crane Market?

The growth rate of the Global Crane Market is 5.2%, with an estimated value of $43.5 Billion by 2026.

What is the forecasted size of the Global Crane Market?

The Global Crane Market is estimated to be worth $43.5 Billion by 2026.

Who are the key companies in the Global Crane Market?

Key companies in the Global Crane Market include Cargotec Corporation, Konecranes PLC, Palfinger AG, Terex Corporation and Zoomlion Heavy Industry Science and Technology Co., Ltd..

FEATURED COMPANIES

  • Cargotec Corporation
  • Konecranes PLC
  • Palfinger AG
  • Terex Corporation

1. Market Overview
1.1 Introduction
1.2 Parts of a Tower Crane
1.3 Mechanical Principles of Cranes
1.4 Classification of Cranes
1.5 Features & Capabilities of Cranes
1.6 Factors Responsible for the Choice of Crane
1.7 Difference Between Mobile Cranes & Tower Cranes
2. Impact of COVID-19
2.1 Drop in Construction Activities
2.2 Reduction in Maritime Trade
2.3 Decline in Aircraft Deliveries
2.4 Decreased Copper Production
3. Global Market Analysis
3.1 Global Crane Market by Value
3.2 Global Crane Market Forecast by Value
3.3 Global Crane Market by Type
3.3.1 Global Mobile Crane Market by Value
3.3.2 Global Mobile Crane Market Forecast by Value
3.3.3 Global Mobile Crane Market by Type
3.3.4 Global All-Terrain Mobile Crane Market Forecast by Value
3.3.5 Global Rough Terrain Mobile Crane Market Forecast by Value
3.3.6 Global Crawler Mobile Crane Market Forecast by Value
3.3.7 Global Truck-Mounted Mobile Crane Market Forecast by Value
3.3.8 Global Mobile Crane Market by Application
3.3.9 Global Construction Mobile Crane Market Forecast by Value
3.3.10 Global Industrial Mobile Crane Market Forecast by Value
3.3.11 Global Utility Mobile Crane Market Forecast by Value
3.3.12 Global Marine & Port Crane Market by Value
3.3.13 Global Marine & Port Crane Market Forecast by Value
3.3.14 Global Fixed Crane Market by Value
3.3.15 Global Fixed Crane Market Forecast by Value
3.4 Global Crane Market by Application
3.4.1 Global Construction Crane Market by Value
3.4.2 Global Construction Crane Market Forecast by Value
3.4.3 Global Industrial Crane Market by Value
3.4.4 Global Industrial Crane Market Forecast by Value
3.4.5 Global Mining & Excavation Crane Market by Value
3.4.6 Global Mining & Excavation Crane Market Forecast by Value
3.4.7 Global Oil & Gas Crane Market by Value
3.4.8 Global Oil & Gas Crane Market Forecast by Value
4. Regional Market Analysis
4.1 Asia Pacific
4.1.1 Asia Pacific Crane Market by Value
4.1.2 Asia Pacific Crane Market Forecast by Value
4.2 North America
4.2.1 North America Crane Market by Value
4.2.2 North America Crane Market Forecast by Value
4.3 Europe
4.3.1 Europe Crane Market by Value
4.3.2 Europe Crane Market Forecast by Value
4.4 RoW
4.4.1 RoW Crane Market by Value
4.4.2 RoW Crane Market Forecast by Value
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Investment in Construction & Infrastructure
5.1.2 Rising Demand in Metallurgical Industries
5.1.3 Escalating Preference of Rental Services
5.1.4 Upsurge in E-Commerce Sector
5.1.5 Rapid Expansion of Aerospace Industry
5.1.6 Expanding Urbanization
5.2 Key Trends and Developments
5.2.1 Surging Mining Activities
5.2.2 Rapid Growth of Automotive Industry
5.2.3 Upswing in Maritime Activities
5.2.4 Accelerating Demand from Oil Refineries
5.2.5 Rising Applications in Power Generation
5.3 Challenges
5.3.1 High Investment Cost
5.3.2 Dearth of Skilled Labor
6. Competitive Landscape
6.1 Asia Pacific Market
6.1.1 China Crane Market Share by Key Players
7. Company Profiles
7.1 Zoomlion Heavy Industry Science and Technology Co., Ltd.
7.1.1 Business Overview
7.2 Cargotec Corporation
7.2.1 Business Overview
7.3 Konecranes PLC
7.3.1 Business Overview
7.4 Terex Corporation
7.4.1 Business Overview
7.5 Palfinger AG
7.5.1 Business Overview
7.6 The Manitowoc Company, Inc.
7.6.1 Business Overview
List of Figures
  • Parts of a Tower Crane
  • Mechanical Principles of Cranes
  • Classification of Cranes
  • Features & Capabilities of Cranes
  • Factors Responsible for the Choice of Crane
  • New Construction put in place in the U.S. (2016-2020)
  • Global Maritime Trade (2016-2020)
  • Number of Gross Orders for Airbus & Boeing Aircraft (2016-2020)
  • Global Copper Mine Production (2016-2020)
  • Global Crane Market by Value (2017-2021)
  • Global Crane Market Forecast by Value (2022-2026)
  • Global Crane Market by Type (2021)
  • Global Mobile Crane Market by Value (2017-2021)
  • Global Mobile Crane Market Forecast by Value (2022-2026)
  • Global Mobile Crane Market by Type (2021)
  • Global All-Terrain Crane Market Forecast by Value (2021-2026)
  • Global Rough Terrain Crane Market Forecast by Value (2021-2026)
  • Global Crawler Crane Market Forecast by Value (2021-2026)
  • Global Truck-Mounted Crane Market Forecast by Value (2021-2026)
  • Global Mobile Crane Market by Application (2021)
  • Global Construction Mobile Crane Market Forecast by Value (2021-2026)
  • Global Industrial Mobile Crane Market Forecast by Value (2021-2026)
  • Global Utility Mobile Crane Market Forecast by Value (2021-2026)
  • Global Marine & Port Crane Market by Value (2017-2021)
  • Global Marine & Port Crane Market Forecast by Value (2022-2026)
  • Global Fixed Crane Market by Value (2017-2021)
  • Global Fixed Crane Market Forecast by Value (2022-2026)
  • Global Crane Market by Application (2021)
  • Global Construction Crane Market by Value (2017-2021)
  • Global Construction Crane Market Forecast by Value (2022-2026)
  • Global Industrial Crane Market by Value (2017-2021)
  • Global Industrial Crane Market Forecast by Value (2022-2026)
  • Global Mining & Excavation Crane Market by Value (2017-2021)
  • Global Mining & Excavation Crane Market Forecast by Value (2022-2026)
  • Global Oil & Gas Crane Market by Value (2017-2021)
  • Global Oil & Gas Crane Market Forecast by Value (2022-2026)
  • Global Crane Market by Region (2021)
  • Asia Pacific Crane Market by Value (2017-2021)
  • Asia Pacific Crane Market Forecast by Value (2022-2026)
  • North America Crane Market by Value (2017-2021)
  • North America Crane Market Forecast by Value (2022-2026)
  • Europe Crane Market by Value (2017-2021)
  • Europe Crane Market Forecast by Value (2022-2026)
  • RoW Crane Market by Value (2017-2021)
  • RoW Crane Market Forecast by Value (2022-2026)
  • Global Construction Industry Spending (2016-2025)
  • Global Stainless Steel Production (2017-2021)
  • Global Equipment Rental Companies in 2020, based on Rental Revenue (2021)
  • Retail E-Commerce Sales Worldwide (2016-2021)
  • Global Aerospace Industry (2017-2022)
  • Global Urban Population (2017-2021)
  • Global Coal Demand (2016-2021)
  • Global Motor Vehicle Production (2020-2030)
  • Global Container Throughput (2016-2021)
  • Global Oil Refinery Market (2020-2025)
  • Projected Global Electricity Generation (2020-2050)
  • China Crane Market Share by Key Players (2021)

List of Tables
  • Difference Between Mobile Cranes & Tower Cranes
  • Cargotec Corporation
  • Konecranes PLC
  • Palfinger AG
  • Terex Corporation
  • The Manitowoc Company, Inc.
  • Zoomlion Heavy Industry Science and Technology Co., Ltd.