PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807747
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807747
India Crane Rental Market Size, Share, Trends, Industry Analysis Report By Type (Mobile, Fixed), By Weight Lifting, By End Use - Market Forecast, 2025-2034
The india crane rental market size is expected to reach USD 5.13 billion by 2034, according to a new study by Polaris Market Research. The report "India Crane Rental Market Size, Share, Trends, Industry Analysis Report By Type (Mobile, Fixed), By Weight Lifting, By End Use; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The India crane rental market is growing steadily, driven by the country's expanding construction and infrastructure sectors. Large-scale projects such as highways, metro systems, ports, industrial plants, and power projects are creating a strong demand for cranes, as companies prefer renting over purchasing to reduce capital costs. This has led to a rise in the availability of rental services offering a wide range of cranes, including mobile cranes, tower cranes, stacker cranes, and all-terrain cranes, to meet different project requirements. The market is also seeing growth as rental providers upgrade their fleets with modern, high-capacity cranes to handle heavier loads and improve operational efficiency. Many companies now provide additional services such as transportation, installation, and maintenance, making rentals more convenient and cost-effective for contractors. The flexibility of short-term and long-term rental options allows businesses to match equipment needs with project timelines, avoiding the burden of ownership.
The India crane rental market is witnessing steady growth, driven by rapid infrastructure development, industrial expansion, and large-scale urban projects. Renting cranes is increasingly preferred by construction, manufacturing, and logistics companies as it offers a cost-effective solution and access to modern, high-capacity equipment without the burden of ownership. Advancements in crane technology, such as automated systems and specialized models for heavy lifting, are broadening the use of rental services across sectors beyond traditional construction. Rising demand from renewable energy installations, metro rail projects, and industrial hubs is also attracting significant investment from both domestic and global rental companies, further strengthening the market's growth prospects in India.
India Crane Rental Market Report Highlights
In terms of type, the mobile segment accounted for USD 1.79 billion in revenue in 2024 due to a rise in port and logistics development and the growth of renewable energy projects.
Based on weight lifting capacity, the low to medium segment is expected to register a CAGR of 7.2%, driven by the rising demand for affordable lifting solutions in urban construction, small-scale industrial projects, and infrastructure maintenance.
The buildings & constructions segment accounted for USD 1.03 billion in revenue in 2024, attributed to the surge in residential and commercial developments and the growing preference for renting cranes to reduce project costs.
A few global key market players include Action Construction Equipment Ltd.; Sanghvi Movers Limited; Sarens n.v./s.a; Shethia Erectors & Material Handlers Ltd.; Barkat Cranes & Equipments Pvt. Ltd.; Tara Chand Logistic Solutions Ltd.; Amrik Singh & Sons; HEFT Cranes International Pvt. Ltd.; Aggcon Equipments International Pvt. Ltd.; and Jainex Group.
Polaris Market Research has segmented the market report on the basis of type, weight lifting capacity, and end use:
By Type Outlook (Revenue, USD Billion, 2020-2034)
Mobile
Fixed
By Weight Lifting Capacity Outlook (Revenue, USD Billion, 2020-2034)
Low
Low to Medium
Heavy
Extreme Heavy
By End Use Outlook (Revenue, USD Billion, 2020-2034)
Buildings & Constructions
Infrastructure
Transportation
Oil & Gas
Mining & Excavation
Marine & Offshore
Others
Table of Contents
Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objective of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
Chapter 2. Research Methodology
- 2.1 Research Methodology
- 2.2 Research Scope and Assumptions
- 2.3 Information Procurement
- 2.3.1 Purchased Database
- 2.3.2 Internal Database
- 2.3.3 Secondary Sources
- 2.3.4 Third Party Perspective
- 2.3.5 Primary Research
- 2.4 Information Analysis
- 2.4.1 Data Analysis Models
- 2.5 Market Formulation and Data Visualization
- 2.6 Data Validation and Publishing (Secondary Sources)
Chapter 3. Executive Summary
Chapter 4. Market Insights
- 4.1 India Crane Rental Market - Industry snapshot
- 4.2 India Crane Rental Market - Value Chain Analysis
- 4.3 India Crane Rental Market Dynamics
- 4.3.1 Drivers and Opportunities
- 4.3.1.1 Increasing Infrastructure Development Projects
- 4.3.1.2 Expansion in Renewable Energy Sector
- 4.3.2 Restraints and Challenges
- 4.3.2.1 High Initial Investment and Maintenance Costs
- 4.3.1 Drivers and Opportunities
- 4.4 India Crane Rental Market - Porter's Five Forces
- 4.4.1 Threat of Substitutes: (Low)
- 4.4.2 Threat of New Entrants: (Moderate)
- 4.4.3 Bargaining Power of Buyers: (Moderate to High)
- 4.4.4 Bargaining Power of Suppliers: (Moderate)
- 4.4.5 Competitive Rivalry: (High)
- 4.5 India Crane Rental Market - PESTLE Analysis
Chapter 5. India Crane Rental Market Assessment, By Type
- 5.1 Introduction
- 5.2 Mobile
- 5.3 Fixed
Chapter 6. India Crane Rental Market Assessment, By Weight Lifting Capacity
- 6.1 Introduction
- 6.2 Low
- 6.3 Low to Medium
- 6.4 Heavy
- 6.5 Extreme Heavy
Chapter 7. India Crane Rental Market Assessment, By End Use
- 7.1 Introduction
- 7.2 Buildings & Constructions
- 7.3 Infrastructure
- 7.4 Transportation
- 7.5 Oil & Gas
- 7.6 Mining & Excavation
- 7.7 Marine & Offshore
- 7.8 Others
Chapter 8. India Crane Rental Market Assessment, By Geography
- 8.1 Introduction
- 8.2 Maharashtra Crane Rental Market
- 8.2.1 Maharashtra Crane Rental Market, By Type
- 8.2.2 Maharashtra Crane Rental Market, By Weight Lifting Capacity
- 8.2.3 Maharashtra Crane Rental Market, By End Use
- 8.3 Tamil Nadu Crane Rental Market
- 8.3.1 Tamil Nadu Crane Rental Market, By Type
- 8.3.2 Tamil Nadu Crane Rental Market, By Weight Lifting Capacity
- 8.3.3 Tamil Nadu Crane Rental Market, By End Use
- 8.4 Gujarat Crane Rental Market
- 8.4.1 Gujarat Crane Rental Market, By Type
- 8.4.2 Gujarat Crane Rental Market, By Weight Lifting Capacity
- 8.4.3 Gujarat Crane Rental Market, By End Use
- 8.5 Karnataka Crane Rental Market
- 8.5.1 Karnataka Crane Rental Market, By Type
- 8.5.2 Karnataka Crane Rental Market, By Weight Lifting Capacity
- 8.5.3 Karnataka Crane Rental Market, By End Use
- 8.6 West Bengal Crane Rental Market
- 8.6.1 West Bengal Crane Rental Market, By Type
- 8.6.2 West Bengal Crane Rental Market, By Weight Lifting Capacity
- 8.6.3 West Bengal Crane Rental Market, By End Use
- 8.7 Telangana Crane Rental Market
- 8.7.1 Telangana Crane Rental Market, By Type
- 8.7.2 Telangana Crane Rental Market, By Weight Lifting Capacity
- 8.7.3 Telangana Crane Rental Market, By End Use
- 8.8 Rajasthan Crane Rental Market
- 8.8.1 Rajasthan Crane Rental Market, By Type
- 8.8.2 Rajasthan Crane Rental Market, By Weight Lifting Capacity
- 8.8.3 Rajasthan Crane Rental Market, By End Use
- 8.9 Uttar Pradesh Crane Rental Market
- 8.9.1 Uttar Pradesh Crane Rental Market, By Type
- 8.9.2 Uttar Pradesh Crane Rental Market, By Weight Lifting Capacity
- 8.9.3 Uttar Pradesh Crane Rental Market, By End Use
- 8.10 Madhya Pradesh Crane Rental Market
- 8.10.1 Madhya Pradesh Crane Rental Market, By Type
- 8.10.2 Madhya Pradesh Crane Rental Market, By Weight Lifting Capacity
- 8.10.3 Madhya Pradesh Crane Rental Market, By End Use
- 8.11 Delhi NCR Crane Rental Market
- 8.11.1 Delhi NCR Crane Rental Market, By Type
- 8.11.2 Delhi NCR Crane Rental Market, By Weight Lifting Capacity
- 8.11.3 Delhi NCR Crane Rental Market, By End Use
- 8.12 Haryana Crane Rental Market
- 8.12.1 Haryana Crane Rental Market, By Type
- 8.12.2 Haryana Crane Rental Market, By Weight Lifting Capacity
- 8.12.3 Haryana Crane Rental Market, By End Use
- 8.13 Others Crane Rental Market
- 8.13.1 Others Crane Rental Market, By Type
- 8.13.2 Others Crane Rental Market, By Weight Lifting Capacity
- 8.13.3 Others Crane Rental Market, By End Use
Chapter 9. Competitive Landscape
- 9.1 Leading Crane Rental Companies
- 9.1.1 Leading Crane Rental Companies, By States (1/3)
- 9.1.2 Leading Crane Rental Companies, By States (2/3)
- 9.1.3 Leading Crane Rental Companies, By States (3/3)
- 9.2 Key Market Players: Categorization
- 9.3 Strategy Framework
- 9.4 Vendor Landscape
Chapter 10. Company Profiles
- 10.1 Action Construction Equipment Ltd.
- 10.1.1 Business Overview
- 10.1.2 Financial Snapshot
- 10.1.2.1 Net Sales by Market Segment
- 10.1.2.2 Net sales by region
- 10.1.3 Service Benchmarking
- 10.1.4 ACE Rentals have the following Tower Cranes in its fleet
- 10.2 Sanghvi Movers Limited
- 10.2.1 Business Overview
- 10.2.2 Financial Snapshot
- 10.2.3 Service Benchmarking
- 10.3 Sarens n.v./s.a.
- 10.3.1 Business Overview
- 10.3.2 Financial Snapshot
- 10.3.2.1 Turnover Including Work in Progress by Segment
- 10.3.3 Service Benchmarking
- 10.4 Shethia Erectors & Material Handlers Ltd.
- 10.4.1 Business Overview
- 10.4.2 Service Benchmarking
- 10.5 Barkat Cranes & Equipments Pvt. Ltd.
- 10.5.1 Business Overview
- 10.5.2 Service Benchmarking
- 10.6 Tara Chand Logistic Solutions Ltd
- 10.6.1 Business Overview
- 10.6.2 Financial Snapshot
- 10.6.3 Service Benchmarking
- 10.7 Amrik Singh & Sons
- 10.7.1 Business Overview
- 10.7.2 Service Benchmarking
- 10.8 HEFT Cranes International Pvt. Ltd.
- 10.8.1 Business Overview
- 10.8.2 Service Benchmarking
- 10.9 Aggcon
- 10.9.1 Business Overview
- 10.9.2 Financial Snapshot
- 10.9.3 Service Benchmarking
- 10.10 Jainex Group
- 10.10.1 Business Overview
- 10.10.2 Service Benchmarking
- 10.11 Liebherr Group
- 10.11.1 Business Overview
- 10.11.2 Financial Snapshot
- 10.11.3 Service Benchmarking
List of Tables
- Table 1 India Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 2 India Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 3 India Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 4 India Crane Rental Market Assessment, By Geography, 2021 - 2034 (USD Million)
- Table 5 Maharashtra Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 6 Maharashtra Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 7 Maharashtra Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 8 Tamil Nadu Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 9 Tamil Nadu Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 10 Tamil Nadu Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 11 Gujarat Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 12 Gujarat Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 13 Gujarat Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 14 Karnataka Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 15 Karnataka Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 16 Karnataka Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 17 West Bengal Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 18 West Bengal Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 19 West Bengal Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 20 Telangana Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 21 Telangana Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 22 Telangana Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 23 Rajasthan Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 24 Rajasthan Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 25 Rajasthan Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 26 Uttar Pradesh Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 27 Uttar Pradesh Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 28 Uttar Pradesh Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 29 Madhya Pradesh Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 30 Madhya Pradesh Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 31 Madhya Pradesh Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 32 Delhi NCR Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 33 Delhi NCR Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 34 Delhi NCR Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 35 Haryana Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 36 Haryana Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 37 Haryana Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
- Table 38 Others Crane Rental Market, By Type, 2021 - 2034 (USD Million)
- Table 39 Others Crane Rental Market, By Weight Lifting Capacity, 2021 - 2034 (USD Million)
- Table 40 Others Crane Rental Market, By End Use, 2021 - 2034 (USD Million)
List of Figures
- Figure 1. Information Procurement
- Figure 2. Primary Research Pattern
- Figure 3. Primary research process
- Figure 4. Market research approaches - Bottom-Up Approach
- Figure 5. Market research approaches - Top-Down Approach
- Figure 6. Market research approaches - Combined Approach
- Figure 7. Executive Summary
- Figure 8. Market by Country, 2024 (USD Million)
- Figure 9. India Crane Rental Market, 2021 - 2034 (USD Million)
- Figure 10. Value Chain Analysis
- Figure 11. Porter's Five Forces
- Figure 12. PESTLE Analysis
- Figure 13. Market By Type
- Figure 14. India Crane Rental Market, By Type, 2024 & 2034 (USD Million)
- Figure 15. India Crane Rental Market, By Mobile, 2021 - 2034 (USD Million)
- Figure 16. India Crane Rental Market, By Fixed, 2021 - 2034 (USD Million)
- Figure 17. Market By Weight Lifting Capacity
- Figure 18. India Crane Rental Market, By Weight Lifting Capacity, 2024 & 2034 (USD Million)
- Figure 19. India Crane Rental Market, By Low, 2021 - 2034 (USD Million)
- Figure 20. India Crane Rental Market, By Low to Medium, 2021 - 2034 (USD Million)
- Figure 21. India Crane Rental Market, By Heavy, 2021 - 2034 (USD Million)
- Figure 22. India Crane Rental Market, By Extreme Heavy, 2021 - 2034 (USD Million)
- Figure 23. Market By End Use
- Figure 24. India Crane Rental Market, By End Use, 2024 & 2034 (USD Million)
- Figure 25. India Crane Rental Market, By Buildings & Constructions, 2021 - 2034 (USD Million)
- Figure 26. India Crane Rental Market, By Infrastructure, 2021 - 2034 (USD Million)
- Figure 27. India Crane Rental Market, By Transportation, 2021 - 2034 (USD Million)
- Figure 28. India Crane Rental Market, By Oil & Gas, 2021 - 2034 (USD Million)
- Figure 29. India Crane Rental Market, By Mining & Excavation, 2021 - 2034 (USD Million)
- Figure 30. India Crane Rental Market, By Marine & Offshore, 2021 - 2034 (USD Million)
- Figure 31. India Crane Rental Market, By Others, 2021 - 2034 (USD Million)
- Figure 32. India Crane Rental Market Assessment, By Geography, 2024 & 2034 (USD Million)
