The wheeled crane market size has grown strongly in recent years. It will grow from $17.14 billion in 2025 to $18.3 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth of construction activities, expansion of road infrastructure, demand for mobile lifting equipment, industrial development projects, urbanization trends.
The wheeled crane market size is expected to see strong growth in the next few years. It will grow to $23.5 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to investment in smart infrastructure, demand for low emission lifting equipment, growth of construction equipment rental market, expansion of utility projects, adoption of advanced crane control systems. Major trends in the forecast period include rising demand for mobile lifting solutions, increasing use in infrastructure development projects, growing adoption of hybrid and electric wheeled cranes, expansion of crane rental services, preference for fast setup and road mobility cranes.
The rising demand for construction activities is driving the growth of the wheeled crane market. Urbanization and increasing infrastructure development are boosting construction projects, creating higher demand for versatile lifting solutions. Wheeled cranes support these activities by enabling mobile, precise, and efficient heavy lifting, reducing manual labor, and improving overall project productivity. For instance, in April 2025, the United States Census Bureau reported that construction spending reached $2.19 trillion in 2024, up from $2.07 trillion in 2023, reflecting growing construction activity and demand for efficient lifting equipment.
Companies in the wheeled crane market are focusing on advanced systems to enhance operational safety and efficiency. Products such as 6-axle cranes provide higher load capacity, stability, and maneuverability for complex construction projects. For example, in June 2024, Liebherr-International AG, a Germany-based crane manufacturer, launched the LTM 1400-6.1, a 6-axle crane featuring a 70-meter telescopic boom, VarioBallast for adjustable counterweight radius, VarioBase for flexible support positioning, and advanced driver assistance systems for real-time load monitoring and improved safety.
In January 2025, Tadano Ltd., a Japan-based crane manufacturer, acquired Manitex International to strengthen its presence in the US wheeled crane market. This acquisition expands Tadano’s portfolio of mobile lifting solutions and enhances its capabilities in delivering versatile and efficient cranes for construction and industrial applications.
Major companies operating in the wheeled crane market are Liebherr International AG, Xuzhou Construction Machinery Group Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Terex Corporation, Palfinger AG, The Manitowoc Company Inc., Tadano Ltd., SANY Group Co. Ltd., Kato Works Co. Ltd., Link-Belt Cranes L.P., Action Construction Equipment Ltd., Broderson Manufacturing Corp., Kobelco Construction Machinery Co. Ltd., Yutong Heavy Industries Co. Ltd., Furukawa Unic Corporation, Shandong Wolwa Industrial Limited Company, Böcker Maschinenwerke GmbH, XCMG, Zoomlion Heavy Machinery Co. Ltd., Manitowoc Crane Group, Demag Cranes AG, Faun GmbH.
Asia-Pacific was the largest region in the wheeled crane market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the wheeled crane market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wheeled crane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wheeled crane market consists of sales of telescopic wheeled cranes, compact city wheeled cranes, mobile tower cranes, lattice boom wheeled cranes, and hydraulic wheeled cranes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The wheeled crane market size is expected to see strong growth in the next few years. It will grow to $23.5 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to investment in smart infrastructure, demand for low emission lifting equipment, growth of construction equipment rental market, expansion of utility projects, adoption of advanced crane control systems. Major trends in the forecast period include rising demand for mobile lifting solutions, increasing use in infrastructure development projects, growing adoption of hybrid and electric wheeled cranes, expansion of crane rental services, preference for fast setup and road mobility cranes.
The rising demand for construction activities is driving the growth of the wheeled crane market. Urbanization and increasing infrastructure development are boosting construction projects, creating higher demand for versatile lifting solutions. Wheeled cranes support these activities by enabling mobile, precise, and efficient heavy lifting, reducing manual labor, and improving overall project productivity. For instance, in April 2025, the United States Census Bureau reported that construction spending reached $2.19 trillion in 2024, up from $2.07 trillion in 2023, reflecting growing construction activity and demand for efficient lifting equipment.
Companies in the wheeled crane market are focusing on advanced systems to enhance operational safety and efficiency. Products such as 6-axle cranes provide higher load capacity, stability, and maneuverability for complex construction projects. For example, in June 2024, Liebherr-International AG, a Germany-based crane manufacturer, launched the LTM 1400-6.1, a 6-axle crane featuring a 70-meter telescopic boom, VarioBallast for adjustable counterweight radius, VarioBase for flexible support positioning, and advanced driver assistance systems for real-time load monitoring and improved safety.
In January 2025, Tadano Ltd., a Japan-based crane manufacturer, acquired Manitex International to strengthen its presence in the US wheeled crane market. This acquisition expands Tadano’s portfolio of mobile lifting solutions and enhances its capabilities in delivering versatile and efficient cranes for construction and industrial applications.
Major companies operating in the wheeled crane market are Liebherr International AG, Xuzhou Construction Machinery Group Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Terex Corporation, Palfinger AG, The Manitowoc Company Inc., Tadano Ltd., SANY Group Co. Ltd., Kato Works Co. Ltd., Link-Belt Cranes L.P., Action Construction Equipment Ltd., Broderson Manufacturing Corp., Kobelco Construction Machinery Co. Ltd., Yutong Heavy Industries Co. Ltd., Furukawa Unic Corporation, Shandong Wolwa Industrial Limited Company, Böcker Maschinenwerke GmbH, XCMG, Zoomlion Heavy Machinery Co. Ltd., Manitowoc Crane Group, Demag Cranes AG, Faun GmbH.
Asia-Pacific was the largest region in the wheeled crane market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the wheeled crane market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wheeled crane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wheeled crane market consists of sales of telescopic wheeled cranes, compact city wheeled cranes, mobile tower cranes, lattice boom wheeled cranes, and hydraulic wheeled cranes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Wheeled Crane Market Characteristics
3. Wheeled Crane Market Supply Chain Analysis
4. Global Wheeled Crane Market Trends and Strategies
5. Wheeled Crane Market Analysis of End Use Industries
7. Global Wheeled Crane Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Wheeled Crane Total Addressable Market (TAM) Analysis for the Market
9. Wheeled Crane Market Segmentation
10. Wheeled Crane Market Regional and Country Analysis
11. Asia-Pacific Wheeled Crane Market
12. China Wheeled Crane Market
13. India Wheeled Crane Market
14. Japan Wheeled Crane Market
15. Australia Wheeled Crane Market
16. Indonesia Wheeled Crane Market
17. South Korea Wheeled Crane Market
18. Taiwan Wheeled Crane Market
19. South East Asia Wheeled Crane Market
20. Western Europe Wheeled Crane Market
21. UK Wheeled Crane Market
22. Germany Wheeled Crane Market
23. France Wheeled Crane Market
24. Italy Wheeled Crane Market
25. Spain Wheeled Crane Market
26. Eastern Europe Wheeled Crane Market
27. Russia Wheeled Crane Market
28. North America Wheeled Crane Market
29. USA Wheeled Crane Market
30. Canada Wheeled Crane Market
31. South America Wheeled Crane Market
32. Brazil Wheeled Crane Market
33. Middle East Wheeled Crane Market
34. Africa Wheeled Crane Market
36. Wheeled Crane Market Competitive Landscape and Company Profiles
37. Wheeled Crane Market Other Major and Innovative Companies
40. Wheeled Crane Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Wheeled Crane Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses wheeled crane market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for wheeled crane? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The wheeled crane market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Cross Country Crane; All Road Crane2) By Propulsion: Engine Powered; Electric Powered; Hybrid Powered
3) By Load Capacity: Light Duty (Up to 10 Tons); Medium Duty (10 to 50 Tons); Heavy Duty (50 to 100 tons); Very Heavy Duty (Above 100 Tons)
4) By Application: Construction; Manufacturing; Shipping and Logistics; Utilities and Energy; Mining
5) By End-User Industry: Infrastructure; Oil and Gas; Aerospace; Telecommunications; Construction Equipment Rental
Subsegments:
1) By Cross Country Crane: Rough Terrain Wheeled Crane; Pick and Carry Crane; Military Wheeled Crane2) By All Road Crane: Single Engine All Terrain Crane; Dual Engine All Terrain Crane; Compact All Terrain Crane
Companies Mentioned: Liebherr International AG; Xuzhou Construction Machinery Group Co. Ltd.; Zoomlion Heavy Industry Science & Technology Co. Ltd.; Terex Corporation; Palfinger AG; the Manitowoc Company Inc.; Tadano Ltd.; SANY Group Co. Ltd.; Kato Works Co. Ltd.; Link-Belt Cranes L.P.; Action Construction Equipment Ltd.; Broderson Manufacturing Corp.; Kobelco Construction Machinery Co. Ltd.; Yutong Heavy Industries Co. Ltd.; Furukawa Unic Corporation; Shandong Wolwa Industrial Limited Company; Böcker Maschinenwerke GmbH; XCMG; Zoomlion Heavy Machinery Co. Ltd.; Manitowoc Crane Group; Demag Cranes AG; Faun GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Wheeled Crane market report include:- Liebherr International AG
- Xuzhou Construction Machinery Group Co. Ltd.
- Zoomlion Heavy Industry Science & Technology Co. Ltd.
- Terex Corporation
- Palfinger AG
- The Manitowoc Company Inc.
- Tadano Ltd.
- SANY Group Co. Ltd.
- Kato Works Co. Ltd.
- Link-Belt Cranes L.P.
- Action Construction Equipment Ltd.
- Broderson Manufacturing Corp.
- Kobelco Construction Machinery Co. Ltd.
- Yutong Heavy Industries Co. Ltd.
- Furukawa Unic Corporation
- Shandong Wolwa Industrial Limited Company
- Böcker Maschinenwerke GmbH
- XCMG
- Zoomlion Heavy Machinery Co. Ltd.
- Manitowoc Crane Group
- Demag Cranes AG
- Faun GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 18.3 Billion |
| Forecasted Market Value ( USD | $ 23.5 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
