Truck Loader Crane Market - By Product (Small-duty, Medium-duty, Big-duty, Heavy-duty), By Type (Knuckle Boom, Stiff Boom), By Sales (New Sales, Aftermarket), By End-use (Rental, Construction, Mining, Oil & Gas, Energy, Forestry, Logistics) & Forecast, 2023 – 2032
Published on: 2024-07-08 | No of Pages : 240 | Industry : Construction
Publisher : MRA | Format : PDF&Excel
Truck Loader Crane Market - By Product (Small-duty, Medium-duty, Big-duty, Heavy-duty), By Type (Knuckle Boom, Stiff Boom), By Sales (New Sales, Aftermarket), By End-use (Rental, Construction, Mining, Oil & Gas, Energy, Forestry, Logistics) & Forecast, 2023 – 2032
Truck Loader Crane Market - By Product (Small-duty, Medium-duty, Big-duty, Heavy-duty), By Type (Knuckle Boom, Stiff Boom), By Sales (New Sales, Aftermarket), By End-use (Rental, Construction, Mining, Oil & Gas, Energy, Forestry, Logistics) & Forecast, 2023 – 2032
Truck Loader Crane Market Size
Truck Loader Crane Market size is predicted to record more than 8% CAGR from 2023 to 2032, driven by the increasing demand for efficient and versatile material handling equipment across various industries. The introduction of new equipment with advanced features, such as telematics and remote-control systems, and higher efficiency is expected to influence market growth. Moreover, the expansion of the e-commerce sector and increasing logistics operations have further fueled the demand for truck loader cranes
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Truck Loader Crane Market Drivers & Restraints
The rising need for efficient material handling solutions, especially in the construction, mining, and oil & gas industries, has resulted in extensive usage of the machine. There is emphasis on reducing manual labor and improving workplace safety. The versatility of truck loader cranes that allows them to perform multiple tasks like loading, unloading, and lifting, is favoring the market outlook. Additionally, strict regulations pertaining to emissions and noise levels in some regions may act as a restraint for market growth.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 8% |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 345 |
| Tables, Charts & Figures | 406 |
| Segments covered | Product, Type, Sales, End-Use |
| Growth Drivers |
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| Pitfalls & Challenges |
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Truck Loader Crane Market Trends
One prominent industry trend is the increasing integration of intelligent technologies such as IoT and AI in truck loader cranes, enabling real-time monitoring, predictive maintenance, and remote operation. Also, there is growing demand for lightweight and compact truck loader cranes that can be mounted on smaller vehicles, enhancing maneuverability and versatility. However, a shift towards eco-friendly and energy-efficient cranes, propelled by the focus on sustainability, will shape market outlook.
COVID-19 Impact
The COVID-19 pandemic had a mixed impact on the truck loader crane market. While the initial disruptions in global supply chains and construction activities resulted in a temporary slowdown, the market quickly recovered due to the resumption of construction projects and the increased need for efficient material-handling equipment to support essential industries. Furthermore, the emphasis on contactless operations and social distancing measures favored the use of truck loader cranes in various sectors.
Truck Loader Crane Market Analysis
The medium-duty segment is forecast to observe around 9% growth rate from 2023 to 2032. These cranes offer a balance between lifting capacity and mobility, making them suitable for a wide range of applications, including construction, utilities, and landscaping. The medium-duty truck loader cranes provide a cost-effective solution for lifting and transporting loads within a specific weight range, meeting the requirements of small and medium-sized businesses.
The rental end-use segment will acquire about 40% of the truck loader crane market share by 2032. Renting cranes offers several benefits such as cost savings, flexibility, and access to advanced technologies without substantial upfront investments. Similarly, the increasing number of short-term projects and the need for specialized equipment for specific applications have further boosted the demand for rental services. The option of choosing from flexible renting plans is adding to the segment share.
Europe truck loader crane market holds a significant revenue share and is estimated to observe a considerable growth through 2032. The region's construction industry, along with infrastructure development projects, contributes to the substantial demand for truck loader cranes. Moreover, stringent regulations regarding worker safety and the adoption of advanced technologies have led to the increased equipment adoption in Europe.
Truck Loader Crane Market Share
Some of the leading players in the global truck loader crane market are
- Palfinger AG
- Tadano Ltd
- Fassi Gru S.p.A
- Texer Corporation
- Hiab AB
- Manitex International,Inc
- Amco Veba
- Sany Group Co. Ltd
- Hyva Crane
- PM OIL & STEEL S.P.A.
- EFFER S.R.L.
- F.lli Ferrari.
Truck Loader Crane Industry News
- In March 2023, Hiab launched a new super heavy loader crane. The recently launched EFFER iQ.1400 HP showcases a powerful 135-tonne meter (tm) crane with a V10-Force decagonal boom, complemented by the advanced SPACEevo control system. With the impressive capabilities, including a remarkable "up and over" reach of 26 meters and a maximum vertical reach of 39.5 meters, the crane with the V10-Force boom has enhanced overall precision and increased strength for optimal vertical performance.
- In March 2023, Manitex International announced the launch of the new TC850 series truck-mounted crane. The recently developed boom design offers exceptional stiffness for extended-reach applications, making it particularly appealing to steel erectors and industries requiring high-duty cycle operations, emphasizing productivity as a primary objective.
This market research report on truck loader crane includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2023 to 2032 for the following segments
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Market, By Product
- Small-duty (Up to 6 Metric Tons)
- Medium-duty (7 to 20 Metric Tons)
- Big-duty (21 to 80 Metric Tons)
- Heavy-duty (Above 80 Metric Tons)
Market, By Type
- Knuckle Boom
- Stiff Boom
Market, By Sales
- New Sales
- Aftermarket
Market, By End-use
- Rental
- Construction
- Mining
- Oil & Gas
- Energy
- Forestry
- Logistics
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Brazil
- Mexico
- MEA
- Saudi Arabia
- UAE
- South Africa
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.1.1 Definition
1.2 Methodology and forecast parameters
1.2.1 Region-wise COVID-19 impact analysis
1.2.1.1 North America
1.2.1.2 Europe
1.2.1.3 Asia Pacific
1.2.1.4 Latin America
1.2.1.5 MEA
1.3 Data Sources
1.3.1 Secondary
1.3.2 Primary
Chapter 2 Executive Summary
2.1 Truck loader crane industry 3600 synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 End-use trends
2.1.5 Type trends
2.1.6 Sales trends
Chapter 3 Truck Loader Crane Industry Insights
3.1 Industry segmentation
3.2 Impact of coronavirus (COVID-19) pandemic
3.2.1 Global outlook
3.2.2 Regional impact
3.2.2.1 North America
3.2.2.2 Europe
3.2.2.3 Asia Pacific
3.2.2.4 Latin America
3.2.2.5 MEA
3.2.3 Industry value chain
3.2.3.1 Research and development
3.2.3.2 Manufacturing
3.2.3.3 Marketing
3.2.3.4 Supply
3.2.4 Competitive landscape
3.2.4.1 Strategy
3.2.4.2 Distribution network
3.2.4.3 Business growth
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Component suppliers
3.3.3 Manufacturers
3.3.4 Technology providers
3.3.5 Service providers
3.3.6 System integrators
3.3.7 End-users
3.3.8 Distribution channel analysis
3.3.9 Vendor matrix
3.4 Technological and innovation landscape
3.4.1 Remote control technology
3.4.2 Virtual crane control systems
3.4.3 Augmented Reality (AR) technology
3.5 Regulatory Landscape
3.5.1 Health and Safety at Work Act 2015
3.5.2 International Standards Organization (ISO)
3.5.3 North America
3.5.3.1 Operator safety
3.5.3.2 Emission standards
3.5.3.3 The American Society of Mechanical Engineers (ASME)
3.5.3.4 Operator safety
3.5.4 Europe
3.5.4.1 British Standards Institution (BSI)
3.5.4.2 Air Quality Certificate
3.5.4.3 Outdoor Noise Directive 2000/14/EC
3.5.4.4 Ecodesign Directive 2009/125/EC
3.5.4.5 Machinery Directive 2006/42/EC
3.5.4.6 CEN - EN 12999
3.5.5 Asia Pacific
3.5.5.1 China
3.5.5.2 India
3.5.5.3 Japan
3.5.5.4 South Korea
3.5.5.5 Australia
3.5.5.6 Factories and Industrial Undertakings Ordinance
3.5.6 Latin America
3.5.6.1 Brazil
3.5.6.2 Mexico
3.5.6.3 Argentina
3.5.6.4 Chile
3.5.6.5 Peru
3.5.7 MEA
3.5.7.1 Emirates Authority for Standardization & Metrology (ESMA)
3.5.7.2 Saudi Arabia Standard Organization (SASO)
3.5.7.3 Occupational Health & Safety Act, 1993
3.5.7.4 Regulation CS - 4.0Construction Safety Regulations
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing infrastructure investments globally
3.6.1.2 Rise in constructions projects in Europe & North America
3.6.1.3 Increasing 3PL businesses in Europe and the U.S.
3.6.1.4 Growing equipment rental demand in Europe and China
3.6.1.5 Rapidly developing construction sector in China and India
3.6.1.6 Increased logistics and bulk transportation facilities in China
3.6.1.7 Proliferation of the Brazilian construction sector
3.6.1.8 Rising demand from energy sector in MEA
3.6.2 Industry pitfalls and challenges
3.6.2.1 Lack of skilled and qualified operators
3.6.2.2 High maintenance costs
3.7 Growth potential analysis
3.8 Porter’s analysis
3.8.1 Supplier power
3.8.2 Buyer power
3.8.3 Threat of new entrants
3.8.4 Threat of substitutes
3.8.5 Internal rivalry
3.9 PESTEL analysis
3.9.1 Political
3.9.2 Economic
3.9.3 Social
3.9.4 Technological
3.9.5 Environmental
3.9.6 Legal
Chapter 4 Competitive Landscape,
4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major players
4.3.1 Palfinger AG
4.3.2 Hiab
4.3.3 Fassi Gru S.p.A. S
4.3.4 Tadano Ltd.
4.4 Competitive analysis of other prominent players
4.4.1 EFFER S.P.A.
4.4.2 PM OIL & STEEL S.P.A
4.4.3 Hyva Crane
4.4.4 Amco Veba
4.4.5 F.lli Ferrari
Chapter 5 Truck Loader Crane Market, By Product
5.1 Key trends in the truck loader crane market, by product
5.2 Small-duty crane
5.2.1 Market estimates and forecast, 2018 - 2032
5.3 Medium-duty crane
5.3.1 Market estimates and forecast, 2018 - 2032
5.4 Big-duty crane
5.4.1 Market estimates and forecast, 2018 - 2032
5.5 Heavy-duty crane
5.5.1 Market estimates and forecast, 2018 - 2032
Chapter 6 Truck Loader Crane Market, By End-Use
6.1 Key trends in the truck loader crane market, by end-use
6.2 Rental
6.2.1 Market estimates and forecast, 2018 - 2032
6.3 Construction
6.3.1 Market estimates and forecast, 2018 - 2032
6.4 Mining
6.4.1 Market estimates and forecast, 2018 - 2032
6.5 Oil & gas
6.5.1 Market estimates and forecast, 2018 - 2032
6.6 Forestry
6.6.1 Market estimates and forecast, 2018 - 2032
6.7 Logistics
6.7.1 Market estimates and forecast, 2018 - 2032
6.8 Energy
6.8.1 Market estimates and forecast, 2018 - 2032
Chapter 7 Truck Loader Crane Market, By Type
7.1 Key trends in the truck loader crane market, by type
7.2 Knuckle boom
7.2.1 Market estimates and forecast, 2018 - 2032
7.3 Stiff boom
7.3.1 Market estimates and forecast, 2018 - 2032
Chapter 8 Truck Loader Crane Market, By Sales
8.1 Key trends in the truck loader crane market, by sales
8.2 New sales
8.2.1 Market estimates and forecast, 2018 - 2032
8.3 Aftermarket
8.3.1 Market estimates and forecast, 2018 - 2032
Chapter 9 Truck Loader Crane Market, By Region
9.1 Key trends in the truck loader crane market, by region
9.2 North America
9.2.1 Market estimates and forecast, by product, 2018 - 2032
9.2.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.3 Market estimates and forecast by type, 2018 - 2032
9.2.4 Market estimates and forecast by sales, 2018 - 2032
9.2.5 U.S.
9.2.5.1 Market estimates and forecast, by product, 2018 - 2032
9.2.5.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.5.3 Market estimates and forecast by type, 2018 - 2032
9.2.5.4 Market estimates and forecast by sales, 2018 - 2032
9.2.6 Canada
9.2.6.1 Market estimates and forecast, by product, 2018 - 2032
9.2.6.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.6.3 Market estimates and forecast by type, 2018 - 2032
9.2.6.4 Market estimates and forecast by sales, 2018 - 2032
9.3 Europe
9.3.1 Market estimates and forecast, by product, 2018 - 2032
9.3.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.3 Market estimates and forecast by type, 2018 - 2032
9.3.4 Market estimates and forecast by sales, 2018 - 2032
9.3.5 UK
9.3.5.1 Market estimates and forecast, by product, 2018 - 2032
9.3.5.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.5.3 Market estimates and forecast by type, 2018 - 2032
9.3.5.4 Market estimates and forecast by sales, 2018 - 2032
9.3.6 Germany
9.3.6.1 Market estimates and forecast, by product, 2018 - 2032
9.3.6.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.6.3 Market estimates and forecast by type, 2018 - 2032
9.3.6.4 Market estimates and forecast by sales, 2018 - 2032
9.3.7 France
9.3.7.1 Market estimates and forecast, by product, 2018 - 2032
9.3.7.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.7.3 Market estimates and forecast by type, 2018 - 2032
9.3.7.4 Market estimates and forecast by sales, 2018 - 2032
9.3.8 Italy
9.3.8.1 Market estimates and forecast, by product, 2018 - 2032
9.3.8.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.8.3 Market estimates and forecast by type, 2018 - 2032
9.3.8.4 Market estimates and forecast by sales, 2018 - 2032
9.3.9 Russia
9.3.9.1 Market estimates and forecast, by product, 2018 - 2032
9.3.9.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.9.3 Market estimates and forecast by type, 2018 - 2032
9.3.9.4 Market estimates and forecast by sales, 2018 - 2032
9.1 Asia Pacific
9.1.1 Market estimates and forecast, by product, 2018 - 2032
9.1.2 Market estimates and forecast by end-use, 2018 - 2032
9.1.3 Market estimates and forecast by type, 2018 - 2032
9.1.4 Market estimates and forecast by sales, 2018 - 2032
9.1.5 China
9.1.5.1 Market estimates and forecast, by product, 2018 - 2032
9.1.5.2 Market estimates and forecast by end-use, 2018 - 2032
9.1.5.3 Market estimates and forecast by type, 2018 - 2032
9.1.5.4 Market estimates and forecast by sales, 2018 - 2032
9.1.6 India
9.1.6.1 Market estimates and forecast, by product, 2018 - 2032
9.1.6.2 Market estimates and forecast by end-use, 2018 - 2032
9.1.6.3 Market estimates and forecast by type, 2018 - 2032
9.1.6.4 Market estimates and forecast by sales, 2018 - 2032
9.1.7 Japan
9.1.7.1 Market estimates and forecast, by product, 2018 - 2032
9.1.7.2 Market estimates and forecast by end-use, 2018 - 2032
9.1.7.3 Market estimates and forecast by type, 2018 - 2032
9.1.7.4 Market estimates and forecast by sales, 2018 - 2032
9.1.8 South Korea
9.1.8.1 Market estimates and forecast, by product, 2018 - 2032
9.1.8.2 Market estimates and forecast by end-use, 2018 - 2032
9.1.8.3 Market estimates and forecast by type, 2018 - 2032
9.1.8.4 Market estimates and forecast by sales, 2018 - 2032
9.2 Latin America
9.2.1 Market estimates and forecast, by product, 2018 - 2032
9.2.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.3 Market estimates and forecast by type, 2018 - 2032
9.2.4 Market estimates and forecast by sales, 2018 - 2032
9.2.5 Brazil
9.2.5.1 Market estimates and forecast, by product, 2018 - 2032
9.2.5.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.5.3 Market estimates and forecast by type, 2018 - 2032
9.2.5.4 Market estimates and forecast by sales, 2018 - 2032
9.2.6 Mexico
9.2.6.1 Market estimates and forecast, by product, 2018 - 2032
9.2.6.2 Market estimates and forecast by end-use, 2018 - 2032
9.2.6.3 Market estimates and forecast by type, 2018 - 2032
9.2.6.4 Market estimates and forecast by sales, 2018 - 2032
9.3 MEA
9.3.1 Market estimates and forecast, by product, 2018 - 2032
9.3.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.3 Market estimates and forecast by type, 2018 - 2032
9.3.4 Market estimates and forecast by sales, 2018 - 2032
9.3.5 UAE
9.3.5.1 Market estimates and forecast, by product, 2018 - 2032
9.3.5.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.5.3 Market estimates and forecast by type, 2018 - 2032
9.3.5.4 Market estimates and forecast by sales, 2018 - 2032
9.3.6 Saudi Arabia
9.3.6.1 Market estimates and forecast, by product, 2018 - 2032
9.3.6.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.6.3 Market estimates and forecast by type, 2018 - 2032
9.3.6.4 Market estimates and forecast by sales, 2018 - 2032
9.3.7 South Africa
9.3.7.1 Market estimates and forecast, by product, 2018 - 2032
9.3.7.2 Market estimates and forecast by end-use, 2018 - 2032
9.3.7.3 Market estimates and forecast by type, 2018 - 2032
9.3.7.4 Market estimates and forecast by sales, 2018 - 2032
Chapter 10 Company Profiles
10.1 Action Construction Equipment Ltd. (ACE)
10.1.1 Business Overview
10.1.2 Financial Data
10.1.3 Product Landscape
10.1.4 Strategic Outlook
10.1.5 SWOT Analysis
10.2 Auto Crane
10.2.1 Business Overview
10.2.2 Financial Data
10.2.3 Product Landscape
10.2.4 Strategic Outlook
10.2.5 SWOT Analysis
10.3 C.P.S. Group S.p.A
10.3.1 Business Overview
10.3.2 Financial Data
10.3.3 Product Landscape
10.3.4 Strategic Outlook
10.3.5 SWOT Analysis
10.4 EFFER S.P.A
10.4.1 Business Overview
10.4.2 Financial Data
10.4.3 Product Landscape
10.4.4 Strategic Outlook
10.4.5 SWOT Analysis
10.5 F.lli Ferrari
10.5.1 Business Overview
10.5.2 Financial Data
10.5.3 Product Landscape
10.5.4 SWOT Analysis
10.5.5 SWOT Analysis
10.6 Fassi Gru S.P.A.
10.6.1 Business Overview
10.6.2 Financial Data
10.6.3 Product Landscape
10.6.4 Strategic Outlook
10.6.5 SWOT Analysis
10.7 Hiab AB
10.7.1 Business Overview
10.7.2 Financial Data
10.7.3 Product Landscape
10.7.4 SWOT Analysis
10.7.5 SWOT Analysis
10.8 HMF Group A/S
10.8.1 Business Overview
10.8.2 Financial Data
10.8.3 Product Landscape
10.8.4 SWOT Analysis
10.8.5 SWOT Analysis
10.9 Hyva Crane
10.9.1 Business Overview
10.9.2 Financial Data
10.9.3 Product Landscape
10.9.4 Strategic Outlook
10.9.5 SWOT Analysis
10.10 Iowa Mold Tooling Co., Inc.
10.10.1 Business Overview
10.10.2 Financial Data
10.10.3 Product Landscape
10.10.4 Strategic Outlook
10.10.5 SWOT Analysis
10.11 Jomac Ltd.
10.11.1 Business Overview
10.11.2 Financial Data
10.11.3 Product Landscape
10.11.4 Strategic Outlook
10.11.5 SWOT Analysis
10.12 Manitex International, Inc.
10.12.1 Business Overview
10.12.2 Financial Data
10.12.3 Product Landscape
10.12.4 Strategic Outlook
10.12.5 SWOT Analysis
10.13 The Manitowoc Company Inc.
10.13.1 Business Overview
10.13.2 Financial Data
10.13.3 Product Landscape
10.13.4 Strategic Outlook
10.13.5 SWOT Analysis
10.14 Palfinger AG
10.14.1 Business Overview
10.14.2 Financial Data
10.14.3 Product Landscape
10.14.4 Strategic Outlook
10.14.5 SWOT Analysis
10.15 PM OIL & STEEL SPA
10.15.1 Business Overview
10.15.2 Financial Data
10.15.3 Product Landscape
10.15.4 Strategic Outlook
10.15.5 SWOT Analysis
10.16 Sany Group Co., Ltd.
10.16.1 Business Overview
10.16.2 Financial Data
10.16.3 Product Landscape
10.16.4 Strategic Outlook
10.16.5 SWOT Analysis
10.17 Tadano Ltd.
10.17.1 Business Overview
10.17.2 Financial Data
10.17.3 Product Landscape
10.17.4 Strategic Outlook
10.18 Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
10.18.1 Business Overview
10.18.2 Financial Data
10.18.3 Product Landscape
10.18.4 Strategic Outlook
10.18.5 SWOT Analysis