Mobile Crane Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Mobile Crane Market was valued at USD 15.72 Billion in 2020 and is expected to reach USD 22.73 Billion by 2027, registering a CAGR of 6% during the forecast period 2021-2027.

Mobile cranes are powerful machines that help lift heavy materials on the job site. Tire mounted or crawler mounted for easy transport of the machine on both rough and smooth terrain. Mobile cranes also have self-installation capabilities, making them suitable for use in small urban spaces and construction sites. Mobile cranes perform the same tasks as stationary cranes because they require less working space than tower cranes. However, maximize your workspace during operation. In addition, the mobile crane does not need to be assembled at each site, which saves assembly time and labor. These factors drive the growth of the mobile crane market. Public-Private Partnerships (PPPs) have been an effective way to raise private funding for infrastructure development in various countries.

Market Segmentation

By Boom Type

• Lattice Boom
• Telescopic Boom

By Carrier Type

• Wheel mounted
• Track mounted

By Terrain Type

• On-road
• Rough terrain
• All-terrain

Key Players

The key players of mobile crane market are Liebherr Group (switzerland), XCMG Group (China),  Manitowoc Company, Inc. (U.S.), Tadano Ltd. (Japan), Terex Corporation (U.S.), Palfinger AG (Austria), Sany Group Co. Ltd (China), Zoomlion Co., Ltd. (China), Kato-works Co. Ltd. (Japan), Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd (Japan),  LiuGong Machinery Co., Ltd. (China) and others.

Scope of the Report

The research study analyzes the global Mobile Crane industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Mobile Crane Market Report

1. What was the Mobile Crane Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Mobile Crane Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Mobile Crane Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.