PUBLISHER: The Business Research Company | PRODUCT CODE: 1932420
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932420
Crawler cranes are heavy-duty lifting machines mounted on crawler tracks, which provide stability and mobility on rough or uneven terrain. They are mainly used for lifting and transporting heavy materials and equipment in industrial and infrastructure projects. Thanks to their tracked design, they can operate in conditions where wheeled cranes face limitations, offering high load capacity and precise movement.
The primary types of crawler cranes include standard crawler cranes, telescopic crawler cranes, railway crawler cranes, and heavy lift crawler cranes. Standard crawler cranes are mounted on crawler tracks and equipped with either a lattice or telescopic boom, designed for heavy lifting and movement across challenging terrain without requiring outriggers. They are available in different lifting capacities, such as up to 100 tons, 101-250 tons, 251-500 tons, and above 500 tons, and can operate on diesel, electric, or hybrid fuel types. Key end users include construction and mining, oil and gas, transportation, utilities, manufacturing, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have increased costs of steel structures, engines, and hydraulic systems used in crawler cranes. Asia pacific and europe are most affected. Heavy lift crawler cranes face significant cost impacts. At the same time, tariffs are encouraging regional crane manufacturing and sourcing.
The crawler cranes market research report is one of a series of new reports from The Business Research Company that provides crawler cranes market statistics, including the crawler cranes industry global market size, regional shares, competitors with the crawler cranes market share, detailed crawler cranes market segments, market trends, and opportunities, and any further data you may need to thrive in the crawler cranes industry. This crawler cranes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The crawler cranes market size has grown strongly in recent years. It will grow from $4.14 billion in 2025 to $4.43 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to growth of construction activities, expansion of mining operations, demand for heavy lifting equipment, industrial project development, infrastructure modernization.
The crawler cranes market size is expected to see strong growth in the next few years. It will grow to $5.73 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increase in renewable energy installations, growth of mega infrastructure projects, demand for low emission equipment, expansion of transport infrastructure, adoption of advanced crane control systems. Major trends in the forecast period include increasing use in large scale infrastructure projects, growing demand for high lifting capacity cranes, expansion of crawler cranes in renewable energy projects, adoption of hybrid and electric crane models, rising preference for stable heavy load handling.
The increasing construction activities are expected to drive the growth of the crawler cranes market in the coming years. Construction activities involve building, repairing, or altering structures such as residential, commercial, and infrastructure projects. Rising urbanization is a key factor behind this growth, as the concentration of populations in cities is creating higher demand for housing, commercial spaces, and large infrastructure developments. Crawler cranes play a vital role in these projects by offering heavy-lifting capabilities and precise material placement, making them suitable for complex, large-scale operations. They also improve efficiency by moving heavy equipment and materials across challenging terrains, boosting overall productivity. For example, in April 2025, the United States Census Bureau reported that construction spending increased to $2,194,752 million in 2024, up from $2,076,174 million in 2023. This increase reflects how expanding construction activities are fueling demand for crawler cranes.
Companies in the crawler cranes market are introducing advanced products to improve efficiency and sustainability. A major development is the launch of electric telescopic crawler cranes, which combine extendable booms with electric power for energy-efficient, zero-emission lifting. In April 2024, Marchetti Autogru S.p.A., an Italy-based crane manufacturer, launched the CW25.35HY, a fully electric telescopic crawler crane. This model delivers a 25-tonne lifting capacity, compact design for superior transportability, and the ability to work in confined spaces and difficult terrains. Equipped with a 110-kW electric motor and 210 Ah batteries with a range extender, it provides up to eight hours of operation while maintaining quiet performance. Its advanced features allow it to operate effectively in diverse environments, including tunnels, workshops, and emission-restricted urban areas.
In July 2025, Tadano Ltd., a Japan-based crane manufacturing company, acquired IHI Transport Machinery Co. Ltd. for an undisclosed amount. This acquisition expands Tadano's portfolio to include IHI's crawler cranes and transportation system business, strengthening its global presence in heavy lifting solutions. By integrating IHI's expertise, Tadano aims to enhance its capabilities in serving large-scale infrastructure projects worldwide.
Major companies operating in the crawler cranes market are Liebherr International AG, Xuzhou Construction Machinery Group Co. Ltd., Hitachi Construction Machinery Co. Ltd., Sumitomo Heavy Industries Ltd., Zoomlion Heavy Industry Science and Technology Co. Ltd., Terex Corporation, LiuGong Machinery Co. Ltd., Palfinger AG, The Manitowoc Company Inc., Tadano Ltd., Kobelco Construction Machinery Co. Ltd., Sennebogen Maschinenfabrik GmbH, Nippon Sharyo Ltd., Kato Works Co. Ltd., Link-Belt Cranes L.P., Action Construction Equipment Ltd., Fuwa Heavy Industry Machinery Co. Ltd., Maeda Seisakusho Co. Ltd., Naugra Machines India, Furukawa UNIC Corporation
North America was the largest region in the crawler cranes market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the crawler cranes market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the crawler cranes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The crawler cranes market consists of sales of mini crawler cranes, lattice boom crawler cranes, duty cycle crawler cranes, hydraulic boom crawler cranes, and all-terrain crawler cranes. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Crawler Cranes Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses crawler cranes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for crawler cranes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The crawler cranes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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