General Construction Products & Machinery

Crawler Cranes: Market Size, Growth & Forecast to 2030

The Crawler Cranes market is valued at about $11.7 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is High strength structural steel and lattices (40% of spend). Asia Pacific leads demand at 45%.

Market size
$11.7 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
25

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.6% CAGR.

1251171081001002026104.62027109.42028114.42029119.72030125.22031

Cost structure

High strength structural steel and lattices
40%
Advanced electromechanical and smart sensor components
20%
Specialized heavy freight and multi axle logistics
15%
Manufacturing labor and automated assembly
15%
Energy and overhead
10%

Regional demand split

Asia Pacific demand
45%
North America demand
25%
Europe demand
15%
Middle East & Africa demand
10%
Rest of world demand
5%

Key suppliers

Liebherr-International AGSANY GroupZoomlion Heavy Industry Science and Technology Co., Ltd.The Manitowoc Company, Inc.Xuzhou Construction Machinery Group Co., Ltd. (XCMG)Tadano Ltd.Terex CorporationKato Works Co., Ltd.
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/crawler-cranes