Autocrane Market was valued at USD 2.6 Billion in 2022 and is projected to reach USD 4.8 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The autocrane market experienced notable growth from 2018 to 2022, driven by the increasing demand from construction, infrastructure, and heavy industries. In this period, key factors such as urbanization, industrial expansion, and the need for advanced lifting machinery contributed significantly to the rise in market value. The global autocrane industry saw a steady increase in sales, with advanced features such as telematics, high load capacity, and improved fuel efficiency becoming more common in crane models. With major players investing in technological upgrades and focusing on cost-effective and energy-efficient solutions, the market continued to grow steadily.
However, demand was not evenly distributed across regions. North America and Europe accounted for a significant portion of the market share, owing to large-scale construction projects and high infrastructure development. Meanwhile, regions like Asia-Pacific, particularly India and China, also showed a rising demand for autocranes, driven by rapid industrialization and construction activities. The growing trend towards urbanization, especially in developing economies, spurred further adoption of these machines for both large-scale commercial and residential construction projects.
Looking ahead to the 2023-2033 period, the autocrane market is expected to face a shift in demand dynamics, with emerging markets becoming key contributors to overall growth. The ongoing rise in industrialization and the increasing number of mega-projects, especially in developing countries, are expected to further boost the market. The demand for eco-friendly and fuel-efficient cranes is expected to intensify as sustainability remains a top priority across industries. Additionally, technological innovations, such as the integration of AI and machine learning for predictive maintenance, are likely to reshape the market and drive future demand.
The global adoption of automation and robotics in the construction sector is anticipated to impact the autocrane market significantly. As companies look for ways to improve productivity and reduce labor costs, automated cranes are expected to gain traction. Moreover, the shift towards digitization and smart construction practices will likely lead to further demand for cranes equipped with remote monitoring systems and IoT capabilities.
As we move into the future, the autocrane market outlook from 2023 to 2033 will be characterized by a greater emphasis on innovation, sustainability, and automation. Companies that can adapt to the evolving needs of industries while embracing new technologies will be better positioned for growth. The industry will likely see increased competition, with new entrants offering cost-effective and technologically advanced solutions to meet the growing demand for advanced lifting equipment.
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XCMG
Zoomlion
Liebherr
Tadano
Manitowoc
Sany
Terex
Furukawa
Manitex
Sichuan Changjiang
Altec Industries
Action Construction Equipment
Elliott Equipment
Böcker Maschinenwerke
Liugong
Liaoning Fuwa
Broderson
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Autocrane Market
Construction
Industries
Utilities
Others
Based on Types the Market is categorized into Below types that held the largest Autocrane market share In 2023.
All Terrain Crane
Truck Crane
Trailer-Mounted Crane
Rough Terrain Crane
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Autocrane Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Autocrane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Autocrane Market, By Type
6. Global Autocrane Market, By Application
7. Global Autocrane Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Autocrane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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