Automotive Crane Market size was valued at USD 4.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.8% from 2026 to 2033, reaching USD 6.8 Billion by 2033.
The global automotive crane market was valued at approximately $10.94 billion in 2022 and is projected to reach around $13.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.2% during the forecast period. In 2022, China dominated the market with a 41% share, followed by Europe with 21%. The Asia Pacific region is expected to witness significant growth, driven by rapid industrialization and infrastructure development in countries such as China and India. North America and Europe also hold substantial shares, with ongoing technological advancements and infrastructure modernization contributing to market expansion.
Opportunities in the automotive crane market are emerging from increased investments in infrastructure projects, urban development, and renewable energy installations. The construction industrys growth, particularly in developing regions, is fueling demand for versatile and efficient lifting equipment. Additionally, advancements in crane technology, including automation and telematics, are enhancing operational efficiency and safety, further driving market growth.
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XCMG
Tadano
Zoomlion
Manitowoc
Liebherr
Sany
Terex
Furukawa
Sichuan Changjiang
Action Construction Equipment
Altec Industries
Liugong
Elliott Equipment
Broderson
Liaoning Fuwa
Böcker Maschinenwerke
Manitex
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. 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 Automotive Crane Market
Mobile Cranes
Truck Mounted Cranes
All-Terrain Cranes
Tower Cranes
Crawler Cranes
Light Duty (Up to 10 tons)
Medium Duty (10 to 50 tons)
Heavy Duty (More than 50 tons)
Construction
Mining
Manufacturing
Oil & Gas
Transport & Logistics
Diesel Powered
Electric Powered
Hybrid
Construction Companies
Logistics Providers
Mining Corporations
Governmental Bodies
Private Contractors
US (United States, US 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 Automotive Crane 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 Automotive Crane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Crane Market, By Type
6. Global Automotive Crane Market, By Application
7. Global Automotive Crane Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Crane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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