The global Mounted Truck Cranes Market industry. Mounted Truck Cranes are mobile cranes mounted on trucks, offering mobility and versatility in various applications. The industry analysis suggests that the demand for Mounted Truck Cranes is increasing, particularly in construction and industrial sectors, which are major drivers for market growth.

The market for Mounted Truck Cranes is anticipated to expand significantly by 2027, with a high compound annual growth rate (CAGR) throughout the forecast period. This growth can be attributed to changing market trends and factors such as increasing urbanization and population growth. As more construction projects take place and urban areas expand, the need for efficient lifting and material handling equipment like Mounted Truck Cranes becomes crucial.

In terms of types, the global Mounted Truck Cranes market includes mounted Mounted Truck Cranes, side-lifter Mounted Truck Cranes, and container lift Mounted Truck Cranes. Mounted Mounted Truck Cranes are mounted on rubber-tired trucks, providing enhanced mobility, and find applications in commercial and industrial sectors. Side-lifter Mounted Truck Cranes, also known as semi-trailer Mounted Truck Cranes, are capable of transporting and hoisting containers. Container lift cranes are specifically designed to lift containers from railways or the ground.

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Regarding the applications of Mounted Truck Cranes, they are used in various sectors such as construction, industrial, utilities, and others. Among these, the construction segment holds the largest revenue share in the global Mounted Truck Cranes market. This can be attributed to the growing global population and urbanization trends, leading to increased construction activities worldwide. Mounted Truck Cranes play a vital role in construction projects by facilitating heavy lifting and material handling tasks.

As more people move to urban areas, there is an increased need for infrastructure development, including construction projects for housing, commercial buildings, and other facilities. This surge in construction activities directly contributes to the demand for Mounted Truck Cranes.

Mounted Truck Cranes play a crucial role in the construction segment by enabling heavy lifting and material handling tasks. They are used to lift and transport heavy construction materials, equipment, and components to various heights and locations on construction sites. The versatility and mobility of Mounted Truck Cranes make them ideal for meeting the demands of construction projects, particularly in urban areas where space constraints may exist.

Additionally, the increased funding for infrastructure development projects further supports the growth of the Mounted Truck Cranes market in the construction segment. Governments and private entities allocate substantial funds for the construction of roads, bridges, airports, railways, and other infrastructure projects. Mounted Truck Cranes are essential equipment for such projects, aiding in the efficient completion of tasks, reducing manual labor, and improving productivity.

Moreover, the Mounted Truck Cranes market also benefits from increased funding for power transmission and distribution (T&D) networking in the utilities segment. As the demand for electricity continues to grow, there is a need for the expansion and upgrade of power transmission and distribution networks. Mounted Truck Cranes are utilized in the installation, maintenance, and repair of utility infrastructure, such as power lines, transformers, and utility poles. The funding directed towards T&D projects creates opportunities for the Mounted Truck Cranes market in the utilities segment.

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including population growth, urbanization, increased funding for infrastructure development, and power T&D networking, contribute to the growth of the global Mounted Truck Cranes market. The construction segment benefits from the demand for residential and commercial complexes, while the utilities segment benefits from infrastructure and power network expansion.

Some of the leading players are listed below:

  • Liebherr
  • Tadano
  • Manitowoc
  • XCMG
  • Terex
  • Zoomlion
  • Sany
  • Kobelco Crane
  • Hitachi Sumitomo
  • Furukawa
  • Sichuan Changjiang
  • Altec Industries
  • Action Construction Equipment
  • Elliott Equipment
  • Liugong
  • Bocker Maschinenwerke
  • Liaoning Fuwa
  • Manitex
  • Broderson

Global Mounted Truck Cranes market segmentation:

By Load Capacity (Revenue, USD Billion; 2017–2027)

  • <50 Tons
  • 50–100 Tons
  • >100 Tons

By Type (Revenue, USD Billion; 2017–2027)

  • Mounted Mounted Truck Cranes
  • Side-lifter Mounted Truck Cranes
  • Container Lift Mounted Truck Cranes

By Application (Revenue, USD Billion; 2017–2027)

  • Construction
  • Industrial
  • Utilities
  • Others

Regional Outlook:

·       North America

o   U.S.

o   Canada

o   Mexico

·       Europe

o   Germany

o   Italy

o   U.K.

o   Rest of EU

·       Asia Pacific

o   India

o   China

o   Japan

o   South Korea

o   Rest of APAC

·       Latin America

o   Brazil

o   Argentina

o   Rest of Latin America

·       Middle East & Africa

o   Saudi Arabia

o   South Africa

o   U.A.E

o   Rest of MEA

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