Crawler Cranes Market, By Type, By Capacity, By Application, By Geography

Description

Global crawler cranes market is estimated to be valued at US$ 2.87 Bn in 2024 and is expected to reach US$ 4.62 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Figure 1. Crawler Cranes Market Share (%), By Region, 2024

Global crawler cranes market has been witnessing steady growth due to rapid infrastructural development activities across the world. Crawler cranes are mobile construction equipment mounted on a continuous track for locomotion. These have the ability to be repositioned within a site without the need of wheels for climbing. Their robust construction and maneuverability make them well-suited for a variety of construction and lifting applications including infrastructure building, construction of commercial and residential buildings, shipbuilding and manufacturing industry. Growing demand from these end-use industries along with rising energy & mining industry worldwide can boost demand for crawler cranes in the near future

Market Dynamics:

Global crawler cranes market growth is driven by growing infrastructure sector across both developed and developing economies. Rising urbanization has necessitated the need for more residential and commercial construction projects, and this drives the market growth. Growing power and energy sector with increasing investments in oil & gas exploration, renewable energy projects and coal mining can also drive the market growth. However, high initial investment associated with crawler cranes can hamper the market growth. Moreover, slowing down of Chinese economy and uncertainties around large infrastructure projects can also hamper the market growth. Increasing demand from shipbuilding and wind tower installation industry can offer market growth opportunities. Technological advancement in crawler cranes to improve lifting capacity, fuel efficiency and operability through addition of crawler frames can also offer growth opportunities.

Key Features of the Study:

This report provides in-depth analysis of the global crawler cranes market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global crawler cranes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Fushun Yongmao Construction Machinery Co., Ltd., Furukawa UNIC Corporation, Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd., KATO Works Co., Ltd., Kobelco Construction Machinery Co., Ltd., Kobelco Cranes Co., Ltd., Liebherr Group, Link-Belt Cranes (a subsidiary of Sumitomo Heavy Industries), LiuGong Machinery Corporation, Manitowoc Cranes, Palfinger AG, SENNEBOGEN Maschinenfabrik GmbH, Sany Group, Tadano Ltd., XCMG Group.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global crawler cranes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global crawler cranes market.

Detailed Segmentation-

By Type
- Lattice Boom Crawler Cranes
- Telescopic Boom Crawler Cranes
By Capacity
- Below 50 Metric Ton
- 50 to 250 Metric Ton
- 251 to 450 Metric Ton
- More than 450 Metric Ton
By Application
- Construction
- Mining
- Transport
- Oil & Gas
- Energy
- Others
By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Fushun Yongmao Construction Machinery Co., Ltd.
- Furukawa UNIC Corporation
- Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd.
- KATO Works Co., Ltd.
- Kobelco Construction Machinery Co., Ltd.
- Kobelco Cranes Co., Ltd.
- Liebherr Group
- Link-Belt Cranes (a subsidiary of Sumitomo Heavy Industries)
- LiuGong Machinery Corporation
- Manitowoc Cranes
- Palfinger AG
- SENNEBOGEN Maschinenfabrik GmbH
- Sany Group
- Tadano Ltd.
- XCMG Group

Product Code: CMI7075

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Capacity
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Crawler Cranes Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Crawler Cranes Market
Impact Analysis

5. Global Crawler Cranes Market, By Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Lattice Boom Crawler Cranes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Telescopic Boom Crawler Cranes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

6. Global Crawler Cranes Market, By Capacity, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Below 50 Metric Ton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
50 to 250 Metric Ton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
251 to 450 Metric Ton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
More than 450 Metric Ton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

7. Global Crawler Cranes Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Transport
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Oil & Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Energy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)

8. Global Crawler Cranes Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Capacity, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Capacity, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Capacity, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Capacity, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Capacity, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - South Africa
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Fushun Yongmao Construction Machinery Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Furukawa UNIC Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- KATO Works Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Kobelco Construction Machinery Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Kobelco Cranes Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Liebherr Group
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Link-Belt Cranes (a subsidiary of Sumitomo Heavy Industries)
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- LiuGong Machinery Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Manitowoc Cranes
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Palfinger AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- SENNEBOGEN Maschinenfabrik GmbH
- Sany Group
- Tadano Ltd.
- XCMG Group

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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