Reports

- Global Locations -

Headquarters

Future Market Insights, Inc.

Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States

T: +1-845-579-5705

Americas

Future Market Insights, Inc.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States

T: +1-347-918-3531

MEA

Future Market Insights

1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

Europe

Future Market Insights

3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom

T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268

Asia Pacific

Future Market Insights

IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India

Truck Mounted Knuckle Boom Cranes Market Outlook (2022 to 2032)

The global truck-mounted knuckle cranes market size is expected to grow from US$ 827.8 million in 2022 to US$ 1,365.0 million by 2032, with overall sales accelerating at 5.1% CAGR throughout the forecast period. between 2022 and 2032. Over 3/4th of the market for truck-mounted knuckle boom cranes is now occupied by new sales.

The rapid growth of end-use industries like construction and logistics and the growing demand for a versatile material handling solutions are some of the key factors expected to boost sales of truck-mounted knuckle boom cranes during the forecast period.

Truck-mounted knuckle boom cranes are powerful truck-mounted equipment used for lifting heavy loads. These cranes are designed to be lightweight and highly maneuverable while still handling heavy loads.

Over the years, truck-mounted knuckle boom cranes have become the most popular type of truck crane for loading and unloading heavy machinery and cargo in restricted spaces. They are being increasingly used across industries such as transport, construction, mining, oil & gas, and logistics.

Therefore, the rapid expansion of the construction, energy, logistics, and mining industries across the world will continue to boost the sales of truck-mounted knuckle boom cranes during the forecast period.

According to projections by the International Monetary Fund, global economic growth will increase by 3.6% in 2023, creating a sizable window of opportunity for the infrastructure sector in different economies of the world. Due to increased construction activity and better financial conditions in various countries, it is anticipated that the market for truck-mounted knuckle boom cranes will expand at high growth. The forestry and logistics industries are growing, which is further boosting the market for truck-mounted knuckle boom cranes.

Truck-mounted knuckle boom cranes make up around 30% to 35% of the parent market which is the global truck-mounted cranes market and this number is expected to further increase due to their expanding applications across diverse industries on account of their design, enhanced performance, and safety features,

As crane machines are more frequently used in the construction, material loading, and manufacturing sectors the sales of knuckle boom loader cranes are expected to rise in the global market. The high load capacity and adaptable designs are expected to satisfy the requirements of several industries, including construction, marine, mining, and forestry.

Prominent players in the market are continuously focused on developing more user-friendly features and reducing fuel consumption to enhance the operational efficiency of these cranes. Also designing these cranes to operate conveniently in the lesser working space is a key area of focus which is attracting Research and Development activities from prominent players.

Regionally, South Asia & Pacific truck-mounted knuckle boom cranes market is estimated to create an absolute $ opportunity of US 74.5 million during the forecast period of 2022 to 2032. This can be attributed to the rising government spending on developing and upgrading public infrastructure in countries like India and China.

In order to boost economic development, various developing countries are investing heavily in infrastructure development activities. For instance, the Indian government has launched the Make in India scheme and around 6,000 new construction projects in various sectors including energy, roadways, and railways.

Similarly, various other developing Asian countries are also putting huge capital into development activities which have boosted the demand for construction equipment in the region, resulting in the growth of the truck-mounted knuckle boom crane market.

Attribute Key Insights
Truck Mounted Knuckle Boom Cranes Market Base Value (2021A) US$ 794.9 million
Estimated Market Value (2022E) US$ 827.8 million
Projected Market Value (2032F) US$ 1,365.0 million
Value-based CAGR (2022 to 2032) 5.1 %
Collective Value Share: Top 5 Countries (2022) 55.0 %

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Demand Analysis of Truck Mounted Knuckle Boom Cranes from 2017 to 2021 Vs Market Forecast for 2022 to 2032

As per FMI, the global demand for truck-mounted knuckle boom cranes increased at a CAGR of 2.2% during the historical period from 2017 to 2021 and totaled a valuation of US$ 794.9 million by the end of 2021.

However, with the rapid growth of end-use industries such as construction, mining, energy, and logistics across the world, the overall sales of truck-mounted knuckle boom crane sales are projected to rise at 5.1% CAGR between 2022 and 2032.

The demand for machines with increased lifting capacity and optimal energy efficiency is rising dramatically across numerous industries and this trend is likely to continue during the forthcoming decade. As a result, a positive growth trajectory for truck mounted knuckle boom cranes market has been predicted by FMI from 2022 to 2032.

Truck-mounted knuckle boom cranes are designed to be used for loading & unloading heavy objects in the construction, forestry, logistics, and energy sectors. These high load-bearing capacity cranes have the ability to work in compact spaces.

With increased functionality, more safety precautions, greater load lifting capacities, and a perfect design that enhances operator visibility, truck-mounted knuckle boom cranes have become ideal material handling equipment that is being used across construction and logistics sectors.

Truck Mounted Knuckle Boom Cranes Market

Comparative Analysis of Truck Mounted Knuckle Boom Cranes Markets

Truck Mounted Knuckle Boom Cranes Market:

Differentiating Aspects Truck Mounted Knuckle Boom Cranes Market
CAGR in 2022 to 2032 5.1%
Current Valuation in 2022 US$ 827.8 million
Projected Valuation in 2032 US$ 1,365.0 million
Demand Drivers
  • The rising usage of truck-mounted knuckle boom cranes across construction, mining, and logistics sectors is driving the global market.
  • The introduction of advanced truck-mounted knuckle boom cranes with enhanced features is expected to boost sales during the forthcoming decade.

GCC Mini Cranes Market:

Differentiating Aspects GCC Mini Cranes Market
CAGR in 2022 to 2032 5.8%
Current Valuation in 2022 US$ 23.3 million
Projected Valuation in 2032 US$ 41.1 million
Demand Drivers
  • Increasing expenditure on infrastructural development in GCC countries is proving a major impetus to the growth of the GCC Countries' mini cranes market.
  • Growing usage of mini cranes in the logistics sector and the rising popularity of rented material handling equipment will further boost sales in the market during the projection period.

Mobile Cranes Market:

Differentiating Aspects Mobile Cranes Market
CAGR in 2022 to 2032 6%
Current Valuation in 2022 US$ 15.2 billion
Projected Valuation in 2032 US$ 27.2 billion
Demand Drivers
  • Increasing construction activities across the world are expected to boost the sales of mobile cranes during the forecast period.
  • The growing popularity of mobile cranes due to their compact and portable nature along with the integration of novel technologies in these cranes will further aid in the expansion of the global mobile cranes market over the next ten years.
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

What are the Key Trends Driving the Global Market for Truck Mounted Knuckle Boom Cranes?

Increasing Infrastructure Investment to Boost Demand for Truck-Mounted Knuckle Boom Cranes

Truck-mounted knuckle boom cranes are typically used for material handling in various sectors including energy distribution, forestry, industrial, and infrastructure projects. The market for truck-mounted knuckle boom cranes is expected to grow as a result of expanding investment in infrastructure development, such as roads, bridges, and railroads, as well as increased demand from the industrial sector.

In recent years, many governmental organizations have increased their investments in order to develop their economies. This in turn is generating high demand for material handling equipment like truck-mounted knuckle boom cranes and the trend is expected to further escalate over the next ten years.

Rising Demand From Forestry Sector to Boost Sales Through 2032

In order to improve the space for agricultural and commercial use, deforestation is accelerating due to the rising population in various places. Because of this, it is projected that the market for truck-mounted knuckle boom cranes would expand rapidly in the few next years.

Apart from that, rising demand for wood across the globe is positively influencing truck-mounted knuckle boom crane sales as they play a key role in loading and unloading big logs.

Country-wise Insights

Will the USA Retain its Dominance in the Global Market?

Booming Construction Industry Helping the USA in Retaining its Top Position

As per FMI, the USA is likely to retain its dominant position in the global truck-mounted knuckle boom cranes market during the forecast period owing to the rapid growth of the construction industry, availability of technologically advanced products, and heavy presence of leading manufacturers.

The USA is known for being the largest construction market all over the world. The country spends billions of dollars on construction activities. For instance, as per the United States Census Bureau, total construction spending in the USA reached US$ 1,811,136 million in September 2022. This is playing a key role in pushing the demand for truck-mounted knuckle boom cranes in the country.

Construction companies across the USA are increasingly utilizing big and heavy-duty truck-mounted knuckle boom cranes for loading and unloading construction materials. These machines help them to reduce labor requirements and improve overall productivity. Thus, growing adoption across the construction industries will boost sales of truck-mounted knuckle boom cranes in the USA during the forecast period.

Increasing investments in energy, oil & gas, and mining activities along with the introduction of new and enhanced products will aid in the expansion of the USA truck-mounted knuckle boom cranes industry over the forthcoming decade.

Why is Demand for Truck Mounted Knuckle Boom Cranes Rising Rapidly Across China?

Increasing Demand for Material Handling Equipment from Industrial and Logistics Sectors Pushing Sales in China

Currently, China accounts for the 1/5th sales of truck-mounted knuckle boom cranes. Furthermore, a steady CAGR of 4.6% has been predicted by FMI for China’s truck-mounted knuckle boom cranes market from 2022 to 2032. This is attributable to the rapid growth of industrial and logistic sectors across China coupled with increasing demand for advanced material handling equipment.

Due to increased government investment and rising consumer demand, China's logistics and warehouse industry is expanding significantly. This growth is expected to fuel the demand for truck-mounted knuckle boom cranes in the Chinese market and create high growth opportunities for local suppliers and manufacturers of truck-mounted knuckle boom cranes during the projection period.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Category-wise Insights

Which Sales Type will Create Maximum Profit for the Market?

New Sales Segment to Generate Maximum Revenues Through 2032

As per FMI, the new sales segment is projected to grow at 4.8% CAGR during the forecast period, reaching a valuation of about US$ 1,042.8 million by 2032. Rising end-user preference for new cranes because of various advantages associated with them, including less cost of maintenance and service, is triggering the growth of this segment.

Globally, demand for efficient and high-performing cranes is rising at a significant rate, especially in North American and European markets which are highly demanding markets for truck-mounted cranes. Rising product development activities by key manufacturers have enhanced the popularity of the new equipment amongst the end users. Besides this, these manufacturers offer customized products with innovative features. As a result, end users are showing a keen inclination toward purchasing new and upgraded truck knuckle boom cranes.

What Capacity Range Truck Mounted Knuckle Boom Cranes are in Demand?

Big Duty Capacity Cranes Tend to Have Higher Demand in the Market

Based on capacity, the big-duty truck-mounted knuckle boom cranes segment is anticipated to grow at 5.3% CAGR between 2022 and 2032, reaching a total valuation of US$ 636.5 million by the end of 2032. This can be attributed to the rising adoption of big-duty truck-mounted knuckle boom cranes across industries like construction and mining.

Construction projects for highways, refineries, railways, metro systems, and waterways have increased demand for bigger capacity truck-mounted knuckle boom cranes. End users have started to prioritize greater safety and space during operations, which is driving up demand for big-duty cranes.

Recent technological developments in truck-mounted cranes for higher performance and improved maneuverability through the adaptation of new engines, and simpler electronics are some of the primary initiatives being taken by prominent manufacturers, which is further predicted to spike market demand for high-load capacity cranes.

Competitive Landscape

A few players, notably Sany Heavy Industry Co., Ltd., Xuzhou Construction Machinery Group (XCMG) Co., Ltd., Hiab AG, and Tadano Ltd., hold the majority of the market share in the truck-mounted knuckle boom cranes industry.

Most of the truck-mounted knuckle boom crane manufacturers are concentrating on introducing new products with better efficiency and safety features to expand their customer base. Besides this, they are adopting strategies such as partnerships, acquisitions, mergers, collaborations, and facility expansion to gain a competitive edge in the market.

  • In October 2022, SANY Group showcased 21 new products, including truck-mounted knuckle boom cranes, at bauma 2022, the main annual event for the construction industry.
  • In April 2022, TADANO’s truck loader cranes expanded range, safety, and efficiency with the introduction of a new series, TM -ZX1200. The new series offers three truck loader crane lines for the international market.
  • In September 2021, HIAB completed the acquisition of US demountable manufacturer Galfab.
  • In 2021, Sany India embraced new emission norms with the launch of 4 new truck cranes in the market. These include STC250C, STC450C, STC600C, and STC800C. They were manufactured at Sany India’s state-of-the-art manufacturing plant at Chakan in Pune.

Truck Mounted Knuckle Boom Cranes Market Report Scope

Attribute Details
Estimated Market Size (2022) US$ 827.8 million
Projected Market Size (2032) US$ 1,365.0 million
Anticipated Growth Rate (2022 to 2032) 5.1% CAGR
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2021
Market Analysis US$ million for Value
Key Regions Covered North America, Latin America, Europe, South Asia, East Asia, and Middle East & Africa
Key Countries Covered USA, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, GCC Countries, Turkey, South Africa
Key Market Segments Covered Capacity, Sales, End-Use Industry
Key Companies Profiled
  • SANY Group
  • Xuzhou Construction Machinery Group Co., Ltd.
  • Hiab AB
  • Tadano Limited
  • Furukawa Co. Ltd
  • Kawasaki Heavy Industries
  • Terex Corporation
  • Palfinger AG
  • TIL Limited
  • Manitowoc Co.
  • Electromech Manufacturing Industries
  • Action Construction Equipment
  • Altech Industries
  • Kobelco Construction Machinery Co. Ltd.
  • Zoomlion Heavy Industry Science & Technology Co., Ltd.
  • Hyva
Report Coverage Market Forecast, brand share analysis, competition intelligence, Drivers, Restraints, Opportunities and Threats analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Key Segments Covered in Truck Mounted Knuckle Boom Cranes Industry Analysis

By Capacity:

  • Small Duty
  • Medium Duty
  • Big Duty
  • Heavy Duty

By Sales:

  • New Sales
  • Aftermarket

End-Use Industry:

  • Construction
  • Mining
  • Oil & Gas
  • Energy
  • Forestry
  • Logistics

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa

Frequently Asked Questions

How big is the global truck mounted knuckle boom cranes market?

The global market for truck-mounted knuckle boom cranes is expected to be valued at currently valued at US$ 827.8 million in 2022.

At what rate will the demand for truck mounted knuckle boom cranes rise between 2022 and 2032.

Between 2022 and 2032, the overall demand for truck-mounted knuckle boom cranes is poised to grow at 5.1% CAGR.

What is the projected valuation for truck mounted knuckle boom cranes industry by 2032??

The worldwide truck-mounted knuckle boom cranes industry is anticipated to surpass a valuation of US$ 1,365.0 million by 2032.

Who are the top five manufacturers of truck mounted knuckle boom cranes worldwide?

Tier-1 companies include the Sany Heavy Industry Co., Ltd., Hiab, Xuzhou Construction Machinery Group (XCMG) Co., Ltd., Tadano Ltd, and HMF.

Which capacity range dominates the market for truck mounted knuckle boom cranes globally?

The big duty segment dominates the global market with nearly 40% of the market by volume in 2022.

Which end-use industry leads the global market.

The construction segment leads the global market for truck-mounted knuckle boom cranes with around 1/4th of the total market share.

Which sales category commands the global market for truck-mounted knuckle boom cranes?

The global market is dominated by the new sales segment, which is anticipated to expand at a volume CAGR of 4.5% during the forecast period.

Table of Content

1. Executive Summary | Truck Mounted Knuckle Boom Cranes Market

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Material Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032

    5.1. Historical Market Volume (Units) Analysis, 2017 to 2021

    5.2. Current and Future Market Volume (Units) Projections, 2022 to 2032

    5.3. Y-o-Y Growth Trend Analysis

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis by Capacity

    6.2. Global Average Pricing Analysis Benchmark

7. Global Market Demand (in Value or Size in US$ million) Analysis 2017 to 2021 and Forecast, 2022 to 2032

    7.1. Historical Market Value (US$ million) Analysis, 2017 to 2021

    7.2. Current and Future Market Value (US$ million) Projections, 2022 to 2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Population Growth Overview

        8.1.3. Global Manufacturing Value-Added Overview

        8.1.4. Global Industry Value-Added Overview

        8.1.5. Steel Production Market Overview

        8.1.6. Global Trade Behavior Overview

        8.1.7. Other Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Increasing Oil Prices

        8.2.2. Impact of Industrialization

        8.2.3. Key Companies Historic growth

        8.2.4. Impact of Regulations

        8.2.5. Other Forecast Factors.

    8.3. Value Chain

        8.3.1. List of Manufacturers

        8.3.2. List of Physical Distributors

        8.3.3. Trade Margins/Profit Margins

    8.4. COVID-19 Crisis - Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Capacity

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume Analysis by Capacity, 2017 to 2021

    9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by Capacity, 2022 to 2032

        9.3.1. Small Duty

        9.3.2. Medium Duty

        9.3.3. Big Duty

        9.3.4. Heavy Duty

    9.4. Market Attractiveness Analysis by Capacity

10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ million) and Volume Analysis by Sales, 2017 to 2021

    10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast by Sales, 2022 to 2032

        10.3.1. New Sales

        10.3.2. Aftermarket

    10.4. Market Attractiveness Analysis by Sales

11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use Industry

    11.1. Introduction

    11.2. Historical Market Size (US$ million) and Volume Analysis by End-Use Industry, 2017 to 2021

    11.3. Current Market Size (US$ million) and Volume Analysis and Forecast by End-Use Industry, 2022 to 2032

        11.3.1. Construction

        11.3.2. Mining

        11.3.3. Oil & Gas

        11.3.4. Energy

        11.3.5. Forestry

        11.3.6. Logistics

    11.4. Market Attractiveness Analysis by End-Use Industry

12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ million) and Volume Analysis by Region, 2017 to 2021

    12.3. Current Market Size (US$ million) and Volume Analysis and Forecast by Region, 2022 to 2032

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia and Pacific

        12.3.6. Middle East and Africa (MEA)

    12.4. Market Attractiveness Analysis by Region

13. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    13.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        13.4.1. By Country

            13.4.1.1. US

            13.4.1.2. Canada

        13.4.2. By Capacity

        13.4.3. By Sales

        13.4.4. By End-Use Industry

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Capacity

        13.5.3. By Sales

        13.5.4. By End-Use Industry

    13.6. Key Market Participants - Intensity Mapping

    13.7. Drivers and Restraints - Impact Analysis

14. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    14.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Rest of Latin America

        14.4.2. By Capacity

        14.4.3. By Sales

        14.4.4. By End-Use Industry

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Capacity

        14.5.3. By Sales

        14.5.4. By End-Use Industry

    14.6. Key Market Participants - Intensity Mapping

    14.7. Drivers and Restraints - Impact Analysis

15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    15.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. Italy

            15.4.1.3. France

            15.4.1.4. United Kingdom

            15.4.1.5. Spain

            15.4.1.6. NORDICS

            15.4.1.7. Russia

            15.4.1.8. Rest of Europe

        15.4.2. By Capacity

        15.4.3. By Sales

        15.4.4. By End-Use Industry

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Capacity

        15.5.3. By Sales

        15.5.4. By End-Use Industry

    15.6. Key Market Participants - Intensity Mapping

    15.7. Drivers and Restraints - Impact Analysis

16. South Asia and Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    16.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        16.4.1. By Country

            16.4.1.1. India

            16.4.1.2. ASEAN

            16.4.1.3. Australia and New Zealand

            16.4.1.4. Rest of South Asia & Pacific

        16.4.2. By Capacity

        16.4.3. By Sales

        16.4.4. By End-Use Industry

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Capacity

        16.5.3. By Sales

        16.5.4. By End-Use Industry

    16.6. Key Market Participants - Intensity Mapping

    16.7. Drivers and Restraints - Impact Analysis

17. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    17.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        17.4.1. By Country

            17.4.1.1. China

            17.4.1.2. Japan

            17.4.1.3. South Korea

        17.4.2. By Capacity

        17.4.3. By Sales

        17.4.4. By End-Use Industry

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Capacity

        17.5.3. By Sales

        17.5.4. By End-Use Industry

    17.6. Key Market Participants - Intensity Mapping

    17.7. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ million) and Volume Trend Analysis by Market Taxonomy, 2017 to 2021

    18.4. Market Size (US$ million) and Volume Forecast by Market Taxonomy, 2022 to 2032

        18.4.1. By Country

            18.4.1.1. GCC Countries

            18.4.1.2. Turkey

            18.4.1.3. Northern Africa

            18.4.1.4. South Africa

            18.4.1.5. Rest of Middle East and Africa

        18.4.2. By Capacity

        18.4.3. By Sales

        18.4.4. By End-Use Industry

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Capacity

        18.5.3. By Sales

        18.5.4. By End-Use Industry

    18.6. Key Market Participants - Intensity Mapping

    18.7. Drivers and Restraints - Impact Analysis

19. Emerging Countries Market Analysis

    19.1. Introduction

        19.1.1. Market Value Proportion Analysis, By Key Countries

        19.1.2. Global Vs. Country Growth Comparison

    19.2. United States of America Market Analysis

        19.2.1. By Capacity

        19.2.2. By Sales

        19.2.3. By End-Use Industry

    19.3. Canada Market Analysis

    19.4. By Capacity

    19.5. By Sales

    19.6. By End-Use Industry

    19.7. Mexico Market Analysis

        19.7.1. By Capacity

        19.7.2. By Sales

        19.7.3. By End-Use Industry

    19.8. Brazil Market Analysis

        19.8.1. By Capacity

        19.8.2. By Sales

        19.8.3. By End-Use Industry

    19.9. Germany Market Analysis

        19.9.1. By Capacity

        19.9.2. By Sales

        19.9.3. By End-Use Industry

    19.10. Italy Market Analysis

        19.10.1. By Capacity

        19.10.2. By Sales

        19.10.3. By End-Use Industry

    19.11. France Market Analysis

        19.11.1. By Capacity

        19.11.2. By Sales

        19.11.3. By End-Use Industry

    19.12. United Kingdom Market Analysis

        19.12.1. By Capacity

        19.12.2. By Sales

        19.12.3. By End-Use Industry

    19.13. Spain Market Analysis

        19.13.1. By Capacity

        19.13.2. By Sales

        19.13.3. By End-Use Industry

    19.14. BENELUX Market Analysis

        19.14.1. By Capacity

        19.14.2. By Sales

        19.14.3. By End-Use Industry

    19.15. Russia Market Analysis

        19.15.1. By Capacity

        19.15.2. By Sales

        19.15.3. By End-Use Industry

    19.16. China Market Analysis

        19.16.1. By Capacity

        19.16.2. By Sales

        19.16.3. By End-Use Industry

    19.17. Japan Market Analysis

        19.17.1. By Capacity

        19.17.2. By Sales

        19.17.3. By End-Use Industry

    19.18. S. Korea Market Analysis

        19.18.1. By Capacity

        19.18.2. By Sales

        19.18.3. By End-Use Industry

    19.19. India Market Analysis

        19.19.1. By Capacity

        19.19.2. By Sales

        19.19.3. By End-Use Industry

    19.20. ASEAN Market Analysis

        19.20.1. By Capacity

        19.20.2. By Sales

        19.20.3. By End-Use Industry

    19.21. Australia and New Zealand Market Analysis

        19.21.1. By Capacity

        19.21.2. By Sales

        19.21.3. By End-Use Industry

    19.22. GCC Countries Market Analysis

        19.22.1. By Capacity

        19.22.2. By Sales

        19.22.3. By End-Use Industry

    19.23. Turkey Market Analysis

        19.23.1. By Capacity

        19.23.2. By Sales

        19.23.3. By End-Use Industry

    19.24. South Africa Market Analysis

        19.24.1. By Capacity

        19.24.2. By Sales

        19.24.3. By End-Use Industry

    19.25. Northern Africa Market Analysis

        19.25.1. By Capacity

        19.25.2. By Sales

        19.25.3. By End-Use Industry

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies (Truck Mounted Knuckle Boom)

    20.2. Market Share Analysis of Top Players

    20.3. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking

    21.3. Competition Deep Dive

        21.3.1. Hyva

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.1.4. Sales Footprint

            21.3.1.5. Strategy Overview

        21.3.2. Furukawa Co. Ltd

            21.3.2.1. Overview

            21.3.2.2. Product Portfolio

            21.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.2.4. Sales Footprint

            21.3.2.5. Strategy Overview

        21.3.3. Kawasaki Heavy Industries

            21.3.3.1. Overview

            21.3.3.2. Product Portfolio

            21.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.3.4. Sales Footprint

            21.3.3.5. Strategy Overview

        21.3.4. Liebherr-International AG

            21.3.4.1. Overview

            21.3.4.2. Product Portfolio

            21.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.4.4. Sales Footprint

            21.3.4.5. Strategy Overview

        21.3.5. SANY Group

            21.3.5.1. Overview

            21.3.5.2. Product Portfolio

            21.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.5.4. Sales Footprint

            21.3.5.5. Strategy Overview

        21.3.6. Terex Corporation

            21.3.6.1. Overview

            21.3.6.2. Product Portfolio

            21.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.6.4. Sales Footprint

            21.3.6.5. Strategy Overview

        21.3.7. Tadano Limited

            21.3.7.1. Overview

            21.3.7.2. Product Portfolio

            21.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.7.4. Sales Footprint

            21.3.7.5. Strategy Overview

        21.3.8.   Palfinger AG

          21.3.8.1. Overview

            21.3.8.2. Product Portfolio

            21.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.8.4. Sales Footprint

            21.3.8.5. Strategy Overview

        21.3.9. TIL Limited

            21.3.9.1. Overview

            21.3.9.2. Product Portfolio

            21.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.9.4. Sales Footprint

            21.3.9.5. Strategy Overview

        21.3.10. Manitowoc Co.

            21.3.10.1. Overview

            21.3.10.2. Product Portfolio

            21.3.10.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.10.4. Sales Footprint

            21.3.10.5. Strategy Overview

        21.3.11. Electromech Manufacturing Industries

            21.3.11.1. Overview

            21.3.11.2. Product Portfolio

            21.3.11.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.11.4. Sales Footprint

            21.3.11.5. Strategy Overview

        21.3.12. Action Construction Equipment

            21.3.12.1. Overview

            21.3.12.2. Product Portfolio

            21.3.12.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.12.4. Sales Footprint

            21.3.12.5. Strategy Overview

        21.3.13. Altech Industries

            21.3.13.1. Overview

            21.3.13.2. Product Portfolio

            21.3.13.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.13.4. Sales Footprint

            21.3.13.5. Strategy Overview

        21.3.14. Xuzhou Construction Machinery Group Co., Ltd.

            21.3.14.1. Overview

            21.3.14.2. Product Portfolio

            21.3.14.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.14.4. Sales Footprint

            21.3.14.5. Strategy Overview

        21.3.15. Kobelco Construction Machinery Co. Ltd.

            21.3.15.1. Overview

            21.3.15.2. Product Portfolio

            21.3.15.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.15.4. Sales Footprint

            21.3.15.5. Strategy Overview

        21.3.16. Zoomlion Heavy Industry Science & Technology Co., Ltd.

            21.3.16.1. Overview

            21.3.16.2. Product Portfolio

            21.3.16.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.16.4. Sales Footprint

            21.3.16.5. Strategy Overview

        21.3.17. Hiab AB

            21.3.17.1. Overview

            21.3.17.2. Product Portfolio

            21.3.17.3. Profitability by Market Segments (Product/Channel/Region)

            21.3.17.4. Sales Footprint

            21.3.17.5. Strategy Overview

22. Assumptions and Acronyms Used

23. Research Methodology

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

List of Tables

Table 01: Global Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 02: Global Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 03: Global Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 04: Global Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 05: Global Market Volume (Units) & Value (US $ million) Forecast by Region, 2017 to 2032

Table 06: North America Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 07: North America Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 08: North America Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 09: North America Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 10: North America Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 11: Latin America Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 12: Latin America Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 13: Latin America Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 14: Latin America Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 15: Latin America Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 16: Europe Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 17: Europe Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 18: Europe Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 19: Europe Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 20: Europe Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 21: East Asia Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 22: East Asia Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 23: East Asia Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 24: East Asia Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 25: East Asia Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 26: South Asia & Pacific Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 27: South Asia & Pacific Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 28: South Asia & Pacific Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 29: South Asia & Pacific Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 30: South Asia & Pacific Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 31: MEA Market Value (US$ million) & Volume Forecast by Country, 2017 to 2032

Table 32: MEA Market Volume (Units) & Value (US$ million) Forecast by Capacity, 2017 to 2032

Table 33: MEA Market Volume (Units) & Value (US$ million) Forecast by Sales, 2017 to 2032

Table 34: MEA Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 35: MEA Market Volume (Units) & Value (US$ million) Forecast by End-Use Industry, 2017 to 2032
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

Figure 01: Global Market Volume (Units) and Y-o-Y Growth Rate from 2022 to 2032

Figure 02: Global Market Value (US$ million) and Y-o-Y Growth Rate from 2022 to 2032

Figure 03: Global Market Absolute $ Opportunity Analysis, 2022 to 2032

Figure 04: Global Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 05: Global Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 06: Global Market Attractiveness by Capacity, 2022 to 2032

Figure 07: Global Market Incremental $ Opportunity by Capacity, 

Figure 08: Global Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 09: Global Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 10: Global Market Attractiveness by Sales, 2022 to 2032

Figure 11: Global Market Incremental $ Opportunity by Sales, 

Figure 12: Global Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 13: Global Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 14: Global Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 15: Global Market Incremental $ Opportunity by End-Use Industry, 

Figure 16: Global Market Share and BPS Analysis by Region - 2022 to 2032

Figure 17: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032

Figure 18: Global Market Attractiveness by Region, 2022 to 2032

Figure 19: Global Market Incremental $ Opportunity by Region, 

Figure 20: North America Market Share and BPS Analysis by Country - 2022 to 2032

Figure 21: North America Market Y-o-Y Growth Projections by Country, 2020 to 2031

Figure 22: North America Market Attractiveness by Country, 2022 to 2032

Figure 23: North America Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 24: North America Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 25: North America Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 26: North America Market Attractiveness by Capacity, 2022 to 2032

Figure 27: North America Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 28: North America Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 29: North America Market Attractiveness by Sales, 2022 to 2032

Figure 30: North America Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 31: North America Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 32: North America Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 33: Latin America Market Share and BPS Analysis by Country - 2022 to 2032

Figure 34: Latin America Market Y-o-Y Growth Projections by Country, 2020 to 2031

Figure 35: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 36: Latin America Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 37: Latin America Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 38: Latin America Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 39: Latin America Market Attractiveness by Capacity, 2022 to 2032

Figure 40: Latin America Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 41: Latin America Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 42: Latin America Market Attractiveness by Sales, 2022 to 2032

Figure 43: Latin America Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 44: Latin America Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 45: Latin America Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 46: Europe Market Share and BPS Analysis by Country - 2022 to 2032

Figure 47: Europe Market Y-o-Y Growth Projections by Country, 2022 to 2032

Figure 48: Europe Market Attractiveness by Country, 2022 to 2032

Figure 49: Europe Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 50: Europe Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 50: South Asia & Pacific Market Share and BPS Analysis by Country - 2022 to 2032

Figure 51: Europe Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 52: Europe Market Attractiveness by Capacity, 2022 to 2032

Figure 53: Europe Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 54: Europe Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 55: Europe Market Attractiveness by Sales, 2022 to 2032

Figure 56: Europe Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 57: Europe Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 58: Europe Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 60: South Asia & Pacific Market Y-o-Y Growth Projections by Country, 2020 to 2031

Figure 61: South Asia & Pacific Market Attractiveness by Country, 2022 to 2032

Figure 62: South Asia & Pacific Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 63: South Asia & Pacific Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 64: South Asia & Pacific Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 65: South Asia & Pacific Market Attractiveness by Capacity, 2022 to 2032

Figure 66: South Asia & Pacific Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 67: South Asia & Pacific Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 68: South Asia & Pacific Market Attractiveness by Sales, 2022 to 2032

Figure 69: South Asia & Pacific Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 70: South Asia & Pacific Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 71: South Asia & Pacific Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 72: East Asia Market Share and BPS Analysis by Country - 2022 to 2032

Figure 73: East Asia Market Y-o-Y Growth Projections by Country, 2020 to 2031

Figure 74: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 75: East Asia Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 76: East Asia Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 77: East Asia Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 78: East Asia Market Attractiveness by Capacity, 2022 to 2032

Figure 79: East Asia Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 80: East Asia Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 81: East Asia Market Attractiveness by Sales, 2022 to 2032

Figure 82: East Asia Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 83: East Asia Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 84: East Asia Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 85: Middle East & Africa Market Share and BPS Analysis by Country - 2022 to 2032

Figure 86: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2020 to 2031

Figure 87: Middle East & Africa Market Attractiveness by Country, 2022 to 2032

Figure 88: East Asia Market Incremental $ Opportunity by Country, 2022 to 2032

Figure 89: Middle East & Africa Market Share and BPS Analysis by Capacity - 2022 to 2032

Figure 90: Middle East & Africa Market Y-o-Y Growth Projections by Capacity, 2020 to 2031

Figure 91: Middle East & Africa Market Attractiveness by Capacity, 2022 to 2032

Figure 92: Middle East & Africa Market Share and BPS Analysis by Sales - 2022 to 2032

Figure 93: Middle East & Africa Market Y-o-Y Growth Projections by Sales, 2020 to 2031

Figure 94: Middle East & Africa Market Attractiveness by Sales, 2022 to 2032

Figure 95: Middle East & Africa Market Share and BPS Analysis by End-Use Industry - 2022 to 2032

Figure 96: Middle East & Africa Market Y-o-Y Growth Projections by End-Use Industry, 2022 to 2032

Figure 97: Middle East & Africa Market Attractiveness by End-Use Industry, 2022 to 2032

Recommendations

Industrial Automation

Mobile Cranes Market

Published : July 2023

Industrial Automation

Truck Mounted Cranes Market

Published : July 2023

Industrial Automation

Stacker Crane Market

Published : January 2023

Industrial Automation

GCC Mini Cranes Market

Published : October 2022

Explore Automotive Insights

View Reports

Truck Mounted Knuckle Boom Cranes Market