A new report from Exactitude Consultancy projects significant growth for the global crawler crane market, estimating it will rise from $1.6 billion in 2023 to $2.6 billion by 2030. This represents a compound annual growth rate (CAGR) of 7.3% during the forecast period.
The report offers a detailed analysis of manufacturing processes, materials and applications in the crawler crane industry. It evaluates trends, historical data and future growth potential across key application sectors such as construction, oil and gas, shipping and port development and power and utilities.
The report highlights major crawler crane manufacturers such as Manitowoc Cranes, Liebherr Group, Zoomlion, Sany Group, XCMG Group, Kobelco Construction Machinery, Tadano Ltd. ,Link-Belt Cranes (Sumitomo Heavy Industries), SENNEBOGEN and others.
The market is segmented by crane type, lattice boom and telescopic boom, and by lifting capacity, ranging from cranes under 100 tons to those above 400 tons.
Geographically, the report covers demand and development in North America, Europe, Asia-Pacific, South America and the Middle East and Africa.
In addition to market size projections, the study outlines competitive strategies, emerging technologies and investment trends. It also provides insights into product diversification and regional expansion by key players.
Full report details and regional breakdowns can be accessed at:
Exactitude Consultancy Report – Crawler Cranes Market