PUBLISHER: The Business Research Company | PRODUCT CODE: 1932612
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932612
A hydraulic crane is a type of lifting equipment that uses a hydraulic system composed of fluid-filled cylinders and pistons to generate powerful lifting force. It operates by transmitting pressure through hydraulic fluid, enabling precise and heavy lifting with minimal manual effort. These cranes can be mounted on trucks, tracks, or fixed platforms, and are designed to provide efficient and powerful material handling for various industrial operations.
The main types of hydraulic cranes include truck-mounted cranes, rough terrain cranes, all-terrain cranes, crawler cranes, overhead cranes, and portable cranes. Truck-mounted cranes are mobile lifting machines installed on truck chassis, capable of lifting and transporting heavy loads efficiently across job sites without additional transport equipment. They use different power sources, including diesel, electric, and hybrid systems, and feature various boom configurations such as lattice and telescoping designs. Truck-mounted cranes come in lifting capacities ranging from up to 20 tons, 21-50 tons, 51-100 tons, and over 100 tons, and are widely used in industries such as construction, industrial, utilities, 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 impacted the hydraulic crane market by increasing costs of steel structures, hydraulic components, and power systems. Large capacity cranes are most affected, particularly in asia pacific manufacturing regions. Rising equipment prices have influenced procurement strategies. However, tariffs are encouraging domestic production and component localization.
The hydraulic crane market research report is one of a series of new reports from The Business Research Company that provides hydraulic crane market statistics, including the hydraulic crane industry global market size, regional shares, competitors with the hydraulic crane market share, detailed hydraulic crane market segments, market trends, and opportunities, and any further data you may need to thrive in the hydraulic crane industry. This hydraulic crane 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 hydraulic crane market size has grown strongly in recent years. It will grow from $11.48 billion in 2025 to $12.13 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to construction sector expansion, infrastructure development projects, industrial material handling needs, urbanization growth, oil and gas project investments.
The hydraulic crane market size is expected to see strong growth in the next few years. It will grow to $14.93 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to smart infrastructure projects, adoption of electric lifting equipment, expansion of renewable energy installations, modernization of construction fleets, demand for automated crane operations. Major trends in the forecast period include integration of telematics and load monitoring, rising demand for hybrid and electric cranes, growth of high capacity lifting equipment, expansion of rental crane services, focus on operator safety and automation.
The increasing growth of renewable energy installations is expected to drive the hydraulic crane market in the coming years. Renewable energy installations involve setting up systems to generate power from naturally replenishing sources such as solar, wind, hydro, geothermal, and biomass. The expansion of wind energy projects, in particular, requires high-capacity hydraulic cranes to lift and install large turbine components in challenging and uneven terrains. Hydraulic cranes support these projects by enabling heavy lifting with precision and stability, improving construction speed, safety, and overall efficiency. For example, in December 2024, Eurostat reported that renewable energy accounted for 24.5% of the EU's total energy consumption in 2023, up from 23.0% in 2022, reflecting the growing demand for such infrastructure.
Companies in the hydraulic crane market are focusing on advanced products, such as telescoping crawler cranes, to increase lifting capacity and operational flexibility. Telescoping crawler cranes combine a telescopic boom with a crawler chassis, offering reach and adjustability alongside stability and mobility for lifting on rough or uneven terrain. For instance, in March 2025, The Manitowoc Company Inc., a US-based crane manufacturer, launched the Grove Hydraulic Crawler GHC200. This crane features a powerful hydraulic system, a telescopic boom with a maximum reach of 200 feet, advanced load-sensing technology for precise lifting, and a crawler undercarriage for superior stability and maneuverability. The GHC200 also incorporates smart control systems to enhance safety and operational efficiency, making it suitable for heavy lifting in construction, infrastructure, and energy projects.
In February 2025, Jost Werke SE, a Germany-based commercial vehicle components manufacturer, acquired Hyva Holding B.V. for an undisclosed sum. The acquisition allows Jost Werke to expand and enhance its product portfolio and global reach, particularly in the transport, agriculture, construction, and infrastructure sectors. Hyva Holding B.V., based in the Netherlands, specializes in hydraulic cranes and lifting equipment.
Major companies operating in the hydraulic crane market are Liebherr-International AG, Xuzhou Construction Machinery Group Co. Ltd., Sany Group Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Terex Corporation, Palfinger AG, The Manitowoc Company Inc., Tadano Ltd., Cargotec Corporation, Kato Works Co. Ltd., Link-Belt Cranes L.P. LLLP, Kobelco Construction Machinery Co. Ltd., Demag Cranes & Components GmbH, Broderson Manufacturing Corp., Fassi Gru S.p.A., JMG Cranes S.p.A., Cranab AB, Penny Engineering Co. Ltd., SOS Engineering Works, Ormig S.p.A.
Asia-Pacific was the largest region in the hydraulic crane market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic crane market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the hydraulic crane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hydraulic crane market consists of sales of mobile hydraulic cranes, tower hydraulic cranes, truck-mounted hydraulic cranes, crawler hydraulic cranes, and all-terrain hydraulic 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.
Hydraulic Crane 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 hydraulic crane 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 hydraulic crane ? 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 hydraulic crane 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.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.