Global Mobile Crane Market Report By Machine Type (Mobile Crane, Fixed Crane, Marine and Port Cranes), By Application Type (Construction, Mining and Excavation, Marine and Offshore, Industrial Applications, Other Application Types) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

As per this study the global mobile crane market was valued USD 19.3 BN (by revenue) in 2022 and is anticipated to reach USD 34.81 BN by 2030 with a CAGR of 7.65%.
 
Mobile crane is the cable controlled lifting system used mostly to lift and transport heavy good and loads to the desired destination. Mobile crane consists of control panel, chain and rope system. Preliminary purpose of mobile cranes is to lift, move, and offload variety of heavy and fragile materials but now a day it is also used in maintenance for various end use industries. Apart from construction it is widely used in oil & gas, mining and shipping sector.
 
Market Dynamics
 
Mobile crane market is majorly driven on account of rising construction activities followed by high demand for refurbishment of existing infrastructure. Favorable governmental initiatives, robust industrialization and commercialization is expected to augment the mobile crane market growth in following years. Also, rapid growth in utilities sector i.e. in power generation is expected to fuel the market growth. On the top of that, increasing crane rentals rates and competition is again contributing significantly in market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of mobile crane.
 
Market Segmentation
 
The broad mobile crane market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 

By Machine Type

• Mobile Crane
• Fixed Crane
• Marine and Port Cranes

By Application Type

• Construction
• Mining and Excavation
• Marine and Offshore
• Industrial Applications
• Other

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for mobile crane in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Mobile Crane Market Share by Region (Representative Graph)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the mobile crane market include Konecranes PLC, Cargotec, Manitowoc, Terex Corporation, Tadano Limited, Kobelco Cranes Co. Limited, Palfinger AG, Liebherr-International AG, Zoomlion Heavy Industry Science and Technology Co. Limited, Favelle Favco Group, Sumitomo Heavy Industries Construction Cranes Co. Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.