Mobile Cranes Market Size, Share & Trends Analysis Report By Product Type (Truck Mounted Crane, Trailer Mounted Crane, and Crawler Cranes), By Application Type (Construction, Industrial, and Utility) And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

The global mobile cranes market size is expected to reach USD 17.03 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 6.1% over the forecast period. Rising construction activities focused on the refurbishment of existing infrastructures and increasing government initiatives for building better infrastructures, such as houses, schools, hospitals, stadiums, government buildings, and airports, are anticipated to boost the market growth. The increasing application of mobile cranes in both core and non-core industrial projects and maintenance works is also expected to propel their demand over the forecast period.

In India, the demand for mobile cranes is growing owing to the increasing number of infrastructure projects, which has led to requirements for erection and lifting. The growth is evident in the industrial as well as the core infrastructure sectors. Mobile crane manufacturers and rental agencies are witnessing an upsurge in demand for medium and high capacity cranes. Mobile cranes are widely used in India for major industrial applications such as power plants and turbine manufacturing.

Meanwhile, the demand for mobile cranes in China is growing due to the One Belt One Road initiative taken by the government in the country. Through this initiative, the Chinese government aims to develop better trade facilities such as roads, bridges, and infrastructure such as energy projects, railway, and buildings between China, India, Pakistan, and Europe. Moreover, house building projects have increased in Europe, mainly in London and South East Europe, thus providing a good pipeline for infrastructure work.

Meanwhile, the U.S. government is anticipated to increase its infrastructure expenses by over USD 1 trillion over the next ten years in order to create more jobs. This initiative is expected to bolster the demand for mobile cranes in the country. Additional factors that have propelled the market growth include increasing competition, growing use of mobile cranes in the mining companies, robust industrialization, commercialization, adoption of telematics, and the use of GPS technology in mobile cranes.

Further key findings from the study suggest:

• The market for mobile cranes is expected to register a CAGR of 6.1% from 2019 to 2025

• The truck mounted segment emerged as a prominent product segment in 2018. The demand for crawler cranes is increasing in the Middle East & Africa owing to the growing oil & gas industry in the region

• The Asia Pacific regional mobile crane market is projected to witness substantial growth over the next decade owing to growing construction activities in the region

• Key players operating in the market include Liebherr-International AG, Manitowoc, XCMG Group, Kobelco Construction Machinery Co. Ltd., and Tadano Ltd., accounting for majority shares of the total revenue in 2018.

 Table of Contents

Chapter 1 Research Methodology
                   1.1 Research Methodology
                   1.2 Research Scope and Assumptions
                   1.3 List of Secondary Sources
                   1.4 List of Primary Sources
                   1.5 List of Abbreviations
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                   3.1 Market Segmentation
Chapter 4 Industry Outlook
                   4.1 Market Snapshot
                   4.2 Global Mobile Cranes Market
                       4.2.1 Product segment trends
                       4.2.2 Application segment trends
                       4.2.3 Regional segment trends
                   4.3 Market Variable Analysis
                       4.3.1 Market driver analysis
                           4.3.1.1 Rising government investments on infrastructure development
                           4.3.1.2 Growing rental market
                       4.3.2 Market restraints analysis
                           4.3.2.1 High cost of equipment
                           4.3.2.2 Construction activity prone to unstable demand
                   4.4 Business Environment Analysis Tool
                       4.4.1 Mobile cranes market: PEST analysis
                       4.4.2 Mobile cranes market: Porter's analysis
                   4.5 Value Chain Analysis
                   4.6 Company Ranking Analysis, 2018
Chapter 5 Mobile Cranes Market: Product Type Segment Analysis
                   5.1 Truck Mounted Cranes
                       5.1.1 Truck mounted cranes market, 2015 - 2025 (USD Billion)
                   5.2 Trailer Mounted Cranes
                       5.2.1 Trailer mounted cranes market, 2015 - 2025 (USD Billion)
                   5.3 Crawler Cranes
                       5.3.1 Crawler cranes market, 2015 - 2025 (USD Billion)
Chapter 6 Mobile Cranes Market: Application Type Segment Analysis
                   6.1 Construction
                       6.1.1 Construction cranes market, 2015 - 2025 (USD Billion)
                   6.2 Industrial
                       6.2.1 Industrial cranes market, 2015 - 2025 (USD Billion)
                   6.3 Utility
                       6.3.1 Utility cranes market, 2015 - 2025 (USD Billion)
Chapter 7 Mobile Cranes Market: Regional Outlook
                   7.1 North America
                       7.1.1 North America mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                       7.1.2 North America mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.1.3 U.S.
                           7.1.3.1 U.S. mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.1.3.2 U.S. mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.1.4 Canada
                           7.1.4.1 Canada mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.1.4.2 Canada mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                   7.2 Europe
                       7.2.1 Europe mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                       7.2.2 Europe mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.2.3 U.K.
                           7.2.3.1 U.K. mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.2.3.2 U.K. mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.2.4 Germany
                           7.2.4.1 Germany mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.2.4.2 Germany mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                   7.3 Asia Pacific
                       7.3.1 APAC mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                       7.3.2 APAC mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.3.3 China
                           7.3.3.1 China mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.3.3.2 China mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.3.4 India
                           7.3.4.1 India mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.3.4.2 India mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.3.5 Japan
                           7.3.5.1 Japan mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.3.5.2 Japan mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                   7.4 Latin America
                       7.4.1 Latin America mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                       7.4.2 Latin America mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.4.3 Brazil
                           7.4.3.1 Brazil mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.4.3.2 Brazil mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                       7.4.4 Mexico
                           7.4.4.1 Mexico mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                           7.4.4.2 Mexico mobile cranes market, by application type, 2015 - 2025 (USD Billion)
                   7.5 Middle East & Africa
                       7.5.1 MEA mobile cranes market, by product type, 2015 - 2025 (USD Billion)
                       7.5.2 MEA mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Chapter 8 Company Profiles
                   8.1 Bauer AG
                       8.1.1 Company overview
                       8.1.2 Financial performance
                       8.1.3 Product benchmarking
                   8.2 Kato Works Co., Ltd.
                       8.2.1 Company overview
                       8.2.2 Financial performance
                       8.2.3 Product benchmarking
                       8.2.4 Recent developments
                   8.3 Kobelco Construction Machinery Co., Ltd.
                       8.3.1 Company overview
                       8.3.2 Financial performance
                       8.3.3 Product benchmarking
                       8.3.4 Recent developments
                   8.4 Liebherr-International AG
                       8.4.1 Company overview
                       8.4.2 Financial performance
                       8.4.3 Product benchmarking
                       8.4.4 Recent developments
                   8.5 LiuGong Machinery Co., Ltd.
                       8.5.1 Company overview
                       8.5.2 Financial performance
                       8.5.3 Product benchmarking
                       8.5.4 Recent developments
                   8.6 Manitex International
                       8.6.1 Company overview
                       8.6.2 Financial performance
                       8.6.3 Product benchmarking
                       8.6.4 Recent developments
                   8.7 Manitowoc
                       8.7.1 Company overview
                       8.7.2 Financial performance
                       8.7.3 Product benchmarking
                       8.7.4 Recent developments
                   8.8 Palfinger AG
                       8.8.1 Company overview
                       8.8.2 Financial performance
                       8.8.3 Product benchmarking
                       8.8.4 Recent developments
                   8.9 Sany Heavy Industry Co., Ltd.
                       8.9.1 Company overview
                       8.9.2 Financial performance
                       8.9.3 Product benchmarking
                       8.9.4 Recent developments
                   8.10 Sarens n.v./s.a.
                       8.10.1 Company overview
                       8.10.2 Financial performance
                       8.10.3 Product benchmarking
                   8.11 Sumitomo Heavy Industries, Ltd.
                       8.11.1 Company overview
                       8.11.2 Financial performance
                       8.11.3 Product benchmarking
                       8.11.4 Recent developments
                   8.12 Tadano Ltd
                       8.12.1 Company overview
                       8.12.2 Financial performance
                       8.12.3 Product benchmarking
                       8.12.4 Recent developments
                   8.13 Terex Corporation
                       8.13.1 Company overview
                       8.13.2 Financial performance
                       8.13.3 Product benchmarking
                       8.13.4 Recent developments
                   8.14 XCMG Group
                       8.14.1 Company overview
                       8.14.2 Financial performance
                       8.14.3 Product benchmarking
                   8.15 Zoomlion Heavy Industry Science & Technology Co., Ltd.
                       8.15.1 Company overview
                       8.15.2 Financial performance
                       8.15.3 Product benchmarking

List of Tables

Table 1 Regulatory framework 
Table 2 List of abbreviations
Table 3 Truck mounted cranes market, 2015 - 2025 (USD Billion)
Table 4 Trailer mounted cranes market, 2015 - 2025 (USD Billion)
Table 5 Crawler cranes market, 2015 - 2025 (USD Billion)
Table 6 Construction cranes market, 2015 - 2025 (USD Billion)
Table 7 Industrial cranes market, 2015 - 2025 (USD Billion)
Table 8 Utility cranes market, 2015 - 2025 (USD Billion)
Table 9 North America mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 10 North America mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 11 U.S. mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 12 U.S. mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 13 Canada mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 14 Canada mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 15 Europe mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 16 Europe mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 17 U.K. mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 18 U.K. mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 19 Germany mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 20 Germany mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 21 Asia Pacific mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 22 Asia Pacific mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 23 China mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 24 China mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 25 India mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 26 India mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 27 Japan mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 28 Japan mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 29 Latin America mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 30 Latin America mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 31 Brazil mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 32 Brazil mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 33 Mexico mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 34 Mexico mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Table 35 Middle East and Africa mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Table 36 Middle East and Africa mobile cranes market, by application type, 2015 - 2025 (USD Billion)

List of Figures

Fig. 1 Mobile cranes market segmentation
Fig. 2 Mobile cranes market snapshot
Fig. 3 Mobile cranes market, 2015 - 2025 (USD Billion)
Fig. 4 Mobile cranes market, by product type, 2015 - 2025 (USD Billion)
Fig. 5 Mobile cranes market, by application type, 2015 - 2025 (USD Billion)
Fig. 6 Mobile cranes market, by region, 2015 - 2025 (USD Billion)
Fig. 7 Mobile cranes market: PEST analysis
Fig. 8 Mobile cranes market: Porter's analysis
Fig. 9 Mobile cranes market: Value chain analysis
Fig. 10 Mobile cranes market: Company ranking analysis, 2018
Fig. 11 North America mobile cranes market: Key takeaways
Fig. 12 Europe mobile cranes market: Key takeaways
Fig. 13 Asia Pacific mobile cranes market: Key takeaways
Fig. 14 Latin America mobile cranes market: Key takeaways
Fig. 15 MEA mobile cranes market: Key takeaways