Onshore Crane Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by Type (Board Onshore Cranes, Knuckle Boom Crane, Telescopic Boom, Crane, Lattice Boom Crane, Luffing Crane, Others), By Lifting Capacity (0 - 500 MT, 500 - 2,000 MT, 2,000 - 5,000 MT, above 5,000 MT), Application (Oil and Gas, Renewable Energy, Other Applications), By Region, Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 8.98 Billion
CAGR (2026-2031)	3.87%
Fastest Growing Segment	Oil and Gas
Largest Market	Asia Pacific
Market Size (2031)	USD 11.28 Billion

Market Overview

The Global Onshore Crane Market will grow from USD 8.98 Billion in 2025 to USD 11.28 Billion by 2031 at a 3.87% CAGR. Onshore cranes are specialized ground-based lifting systems utilized for hoisting and maneuvering heavy materials across construction, mining, and industrial sites. The global market is primarily propelled by substantial investments in infrastructure development, such as the expansion of transportation networks and power grids, alongside the surging demand for renewable energy projects, particularly wind farms that require high-capacity lifting solutions. Furthermore, rapid urbanization in emerging economies continues to stimulate residential and commercial building activities, thereby creating sustained demand for versatile lifting equipment.

However, the market confronts a significant challenge in the form of supply chain volatility and elevated raw material costs, which can hinder production schedules and impact manufacturer profitability. Despite these headwinds, specific segments display resilience. According to the Committee for European Construction Equipment, in 2025, sales of tower cranes in Europe grew by 7% during the first half of the year. This demonstrates that even amidst broader economic pressures, targeted demand for essential construction machinery remains operative in key regional markets.

Key Market Drivers

Accelerated investment in global infrastructure development functions as a foundational driver for the onshore crane market, creating extensive requirements for heavy lifting equipment across transportation, utility, and civil engineering sectors. As nations prioritize the modernization of aging bridges, roads, and power grids, contractors increasingly rely on mobile and crawler cranes to execute complex lifts in varied environments. This focus on public works is providing stability and growth opportunities amidst broader economic fluctuations. According to Mapei, April 2025, in the 'Infrastructures drive the global construction market' report, forecasts for 2025 indicate a recovery in the global construction sector with a projected growth rate of 2.8%, driven primarily by public-funded infrastructure projects. This sustained activity ensures continuous utilization of ground-based lifting fleets to meet the logistical challenges of large-scale development.

Simultaneously, the expansion of onshore wind energy projects is significantly propelling demand for specialized high-capacity cranes. The shift toward larger turbines with higher hub heights necessitates lifting solutions that offer exceptional reach and stability for installation and maintenance tasks. This trend is evidenced by the rapid deployment of wind power infrastructure worldwide, which requires a dedicated supply of heavy-lift machinery. According to the Global Wind Energy Council, April 2025, in the 'Global Wind Report 2025', the industry installed a record 117 GW of new wind capacity globally in 2024. Consequently, manufacturers of lifting equipment are witnessing tangible financial gains from these combined demand streams. According to Liebherr, in 2025, the manufacturer's mobile and crawler crane division achieved a revenue increase of 13.4% during the 2024 fiscal year, reflecting the market's strong trajectory.

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Key Market Challenges

Supply chain volatility and elevated raw material costs pose a formidable barrier to the growth of the Global Onshore Crane Market. The manufacturing of high-capacity lifting systems is capital-intensive, relying heavily on steel, semiconductors, and specialized electronic components. When the prices of these essential inputs fluctuate unpredictably, manufacturers face increased production costs that must often be passed down to the consumer. This inflationary pressure forces rental companies and construction firms to reconsider their capital expenditures, frequently leading to delayed fleet renewals or cancelled orders. Consequently, the uncertainty surrounding delivery timelines and final pricing structures disrupts the standard procurement cycle, directly slowing the market's expansion momentum.

Continued financial strain is evident in recent industrial data. According to the Associated General Contractors of America, in July 2024, the producer price index for construction machinery and equipment rose by 4.0 percent year-over-year. This sustained increase in equipment costs illustrates the financial burden placed on buyers, which restricts their purchasing power despite the underlying need for infrastructure development. As a result, the market struggles to convert potential project demand into actual equipment sales, as the high cost of acquisition renders some operations financially unviable.

Key Market Trends

Strict emission regulations and the drive for carbon neutrality are compelling manufacturers to accelerate the production of electric and hybrid lifting solutions. This shift is particularly acute in urban centers where noise pollution and exhaust emissions are heavily restricted, necessitating zero-emission machinery for indoor and night-time operations. Consequently, OEMs are rapidly expanding their alternative-fuel product lines to meet this regulatory compliance demand. According to Cargotec, February 2024, in the 'Financial Statements Review 2023', sales of the company's eco-portfolio, which includes electric onsite load handling equipment, accounted for 33% of its total sales, underscoring the commercial viability of green technology.

Integration of IoT and telematics is transforming fleet management from a reactive logistical task into a predictive strategic advantage. By equipping cranes with sensors that transmit real-time operational data, companies can monitor load weight, engine performance, and location to optimize utilization rates and prevent unscheduled downtime through predictive maintenance. This digital evolution is generating significant value for service-oriented segments by extending asset lifecycles. According to Konecranes, October 2024, in the 'Interim Report January-September 2024', the Service business area, which relies heavily on remote monitoring and digital lifecycle services, reported a 4.5% year-over-year increase in order intake.

Segmental Insights

The Oil and Gas segment is recognized as the fastest-growing category within the Global Onshore Crane Market, driven by a global resurgence in exploration and production activities. This rapid expansion is primarily fueled by increased capital expenditure on the construction of new refineries and the modernization of existing petrochemical infrastructures to meet rising energy demands. Furthermore, the extensive maintenance required for aging onshore rigs and the installation of complex pipeline networks necessitate specialized heavy-lifting equipment. Industry analysis indicates that these strategic investments in energy projects are significantly accelerating the adoption of advanced cranes, solidifying the segment's leading growth trajectory.

Regional Insights

Asia Pacific commands the leading position in the global onshore crane market due to extensive infrastructure development and sustained industrial expansion. The region experiences high demand for lifting equipment driven by rapid urbanization and large-scale construction projects in key economies like China and India. Government initiatives supporting transportation networks and energy facilities, such as those overseen by the National Development and Reform Commission in China, actively bolster sector growth. Additionally, the thriving manufacturing sector necessitates efficient material handling solutions, ensuring that Asia Pacific remains the primary contributor to global market activity.

Recent Developments

• In October 2024, SANY delivered the SAC40000T, a nine-axle all-terrain crane with a record-breaking lifting capacity of 4,000 tonnes. This machine was designed to address the growing requirements for installing large-scale wind turbines and features an 81-meter full-extension boom and a 124-meter jib. The crane’s compact design, built on a 22-meter chassis, allows for a steering radius of just 16 meters, providing exceptional maneuverability for its size. The model also incorporates a heavy-duty dual-drive system and advanced side-bending angle monitoring to ensure stability and safety during ultra-heavy lifting operations.
• In August 2024, Mammoet officially launched the SK6000, a ring crane recognized as the world’s strongest land-based crane. With a lifting capacity of 6,000 tonnes, this electric crane was designed to support the construction of large-scale energy projects, including next-generation offshore wind turbines and nuclear plants. The crane enables modular construction methods by lifting massive components of up to 3,000 tonnes to a height of 220 meters. It operates entirely on electric power, utilizing either a battery or grid connection, which allows for a significant reduction in the carbon emissions associated with heavy lifting operations.
• In June 2024, The Manitowoc Company introduced two new Grove rough-terrain cranes, the GRT765 and GRT780, to modernize its product offerings in the 65-ton and 80-ton classes. These cranes were engineered with a compact chassis and reduced gross vehicle weight to facilitate easier transport and maneuverability on congested construction sites. Both models feature a bi-fold swingaway jib capable of a 45-degree manual offset and an upgraded cab for improved operator visibility. Additionally, these cranes were the first in the rough-terrain line to include the manufacturer’s advanced telematics and fleet management platform.
• In January 2024, Kobelco Construction Machinery launched the TKE750G, a new telescopic boom crawler crane developed specifically to meet European market regulations. This model offers a maximum lifting capacity of 75 metric tonnes and is powered by an EU Stage V-compliant Mercedes-Benz engine. Designed with a stiff four-plate box structural boom, the crane is optimized for foundation work and can operate efficiently on compact job sites. The machine retains the proven design concepts of the manufacturer's G series lattice boom crawler cranes, providing operators with high reliability, durability, and a compact main body for easier transportation.

Key Market Players

• Liebherr Group
• Kenz Figee Group
• Heila Cranes SpA
• Huisman Equipment B.V.
• Cargotec Corporation
• Sparrows Offshore Group Limited
• Konecranes
• NOV Inc.
• The Manitowoc Company, Inc.
• Seatrax, Inc.

By Lifting Capacity	By Region
0 - 500 MT 500 - 2 000 MT 2 000 - 5 000 MT above 5 000 MT	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Onshore Crane Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Onshore Crane Market, By Lifting Capacity:

• 0 - 500 MT
• 500 - 2
• 000 MT
• 2
• 000 - 5
• 000 MT
• above 5
• 000 MT

• Onshore Crane Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE