Asia Pacific Mobile Crane Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Crane Type (Truck Cranes, All-terrain cranes, Rough Terrain Cranes, Crawler Cranes, and Others) and Application (Construction, Oil and Gas, Shipping and Port Building, Power and Utilities, and Others)
The mobile crane market in APAC is expected to grow from US$ 6,449.20 million in 2021 to US$ 9,283.63 million by 2028. It is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
The rising e-commerce sector in Southeast Asia supports the expansion of the market for warehousing and intralogistics in this region. The region encompasses 11 country-level markets at varying levels of growth; hence, it is rapidly becoming an economic center. The economy of Southeast Asian countries is expanding with the steadily increasing middle-class population. According to statistics obtained from the International Monetary Fund, the aggregate GDP of all ASEAN countries is expected to be US$ 4.37 trillion by 2024. Southeast Asia's rapid economic development also propels this region's e-commerce and retail industries. According to Facebook and Bain & Company's annual SYNC Southeast Asia report, digital spending per person is up 60% compared to last year, with overall e-commerce sales set to double by 2026 as SEA consumers are not just spending more online as forecasted in 2020, more of them (45%) are using online as a primary purchase channel. The economic favorability is encouraging third-party logistics (3PL) businesses to invest in crane production to address the growing needs for these machines at docks and warehouses. As a result, the ongoing development of a large-scale intralogistics center in Southeast Asia offers international mobile crane manufacturers significant opportunities to expand their presence in this region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC mobile crane market at a good CAGR during the forecast period.
APAC Mobile Crane Market Revenue and Forecast to 2028 (US$ Million)
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APAC Mobile Crane Market Segmentation
The APAC mobile crane market is analyzed on the basis of crane type, application, and country. Based on crane type, the market is segmented into truck cranes, all-terrain cranes, rough terrain cranes, crawler cranes, and others. The truck cranes segment held the largest market share in 2020.
Based on application, the market is segmented into construction, oil & gas, shipping & port building, power & utilities, and others. The construction segment held the largest market share in 2020.
Based on country, the APAC mobile crane market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC.
Furthermore, KATO WORKS CO., LTD; Kobelco Construction Machinery Co., Ltd.; LIEBHERR-INTERNATIONAL; Sany Group; Sumitomo Heavy Industries Construction Cranes Co., Ltd; Tadano Ltd; Terex Corporation; The Manitowoc Company, Inc; Xuzhou Construction Machinery Group Co., Ltd; and Zoomlion Heavy Industry Science & Technology Co., Ltd. are the leading companies in the APAC mobile crane market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Mobile Crane Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Mobile Crane Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Construction Industry Witnessing Growth
5.1.2 Benefits of Mobile Cranes
5.2 Key Market Restraints
5.2.1 High cost of manufacturing and maintenance
5.3 Key Market Opportunities
5.3.1 Development of large intralogistics centre in South-East Asia
5.4 Future Trends
5.4.1 Low Fuel Consumption of Mobile Cranes
5.5 Impact Analysis of Drivers and Restraints
6. Mobile Crane Market – APAC Analysis
6.1 APAC Mobile Crane Market Overview
6.2 APAC Mobile Crane Market Revenue Forecast and Analysis
7. APAC Mobile Crane Market Analysis – By Crane Type
7.1 Overview
7.2 APAC Mobile Crane Market, By Crane Type (2020 and 2028)
7.3 Truck Cranes
7.3.1 Overview
7.3.2 Truck Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.3.3 Boom Truck
7.3.3.1 Overview
7.3.3.2 Boom Truck: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.3.4 Truck Loader Crane
7.3.4.1 Overview
7.3.4.2 Truck Loader Crane: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.4 All-terrain Cranes
7.4.1 Overview
7.4.2 All-terrain Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.5 Rough Terrain Cranes
7.5.1 Overview
7.5.2 Rough Terrain Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.6 Crawler Cranes
7.6.1 Overview
7.6.2 Crawler Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
8. APAC Mobile Crane Market Analysis – By Application
8.1 Overview
8.2 APAC Mobile Crane Market, By Application (2020 and 2028)
8.3 Construction
8.3.1 Overview
8.3.2 Construction: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
8.4 Oil and Gas
8.4.1 Overview
8.4.2 Oil and Gas: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
8.5 Shipping and Port Building
8.5.1 Overview
8.5.2 Shipping and Port Building: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
8.6 Power and Utilities
8.6.1 Overview
8.6.2 Power and Utilities: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
9. APAC Mobile Crane Market – Country Analysis
9.1 Overview
9.1.1 APAC: Mobile Crane Market, By Country
9.1.1.1 Australia: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Mobile Crane Market, By Crane Type
9.1.1.1.2 Australia: Mobile Crane Market, By Application
9.1.1.2 China: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Mobile Crane Market, By Crane Type
9.1.1.2.2 China: Mobile Crane Market, By Application
9.1.1.3 India: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Mobile Crane Market, By Crane Type
9.1.1.3.2 India: Mobile Crane Market, By Application
9.1.1.4 Japan: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Mobile Crane Market, By Crane Type
9.1.1.4.2 Japan: Mobile Crane Market, By Application
9.1.1.5 South Korea: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Mobile Crane Market, By Crane Type
9.1.1.5.2 South Korea: Mobile Crane Market, By Application
9.1.1.6 Rest of APAC: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Mobile Crane Market, By Crane Type
9.1.1.6.2 Rest of APAC: Mobile Crane Market, By Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Development
11. Company Profiles
11.1 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Terex Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Tadano Ltd.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Zoomlion Heavy Industry Science & Technology Co., Ltd.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Xuzhou Construction Machinery Group Co., Ltd.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Sany Group
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 KATO WORKS CO., LTD
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Kobelco Construction Machinery Co., Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Sumitomo Heavy Industries Construction Cranes Co., Ltd.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 The Manitowoc Company, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. APAC Mobile Crane Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Mobile Crane Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. APAC Mobile Crane Market, By Country – Volume and Forecast to 2028 (Units)
Table 4. Australia Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 6. Australia Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 7. Australia Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 8. Australia Mobile Crane Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. China Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. China Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 11. China Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 12. China Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 13. China Mobile Crane Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. India Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. India Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 16. India Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 17. India Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 18. India Mobile Crane Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Japan Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 20. Japan Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 21. Japan Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 22. Japan Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 23. Japan Mobile Crane Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 24. South Korea Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 25. South Korea Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 26. South Korea Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 27. South Korea Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 28. South Korea Mobile Crane Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of APAC Mobile Crane Market, By Crane Type– Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of APAC Mobile Crane Market, By Crane Type– Volume and Forecast to 2028 (Units)
Table 31. Rest of APAC Mobile Crane Market, By Truck Cranes– Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of APAC Mobile Crane Market, By Truck Cranes– Volume and Forecast to 2028 (Units)
Table 33. Rest of APAC Mobile Crane Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Mobile Crane Market Segmentation
Figure 2. APAC Mobile Crane Market Segmentation – By Country
Figure 3. APAC Mobile Crane Market Overview
Figure 4. APAC Mobile Crane Market, By Application
Figure 5. APAC Mobile Crane Market, By Country
Figure 6. APAC – PEST Analysis
Figure 7. Mobile Crane Market- Ecosystem Analysis
Figure 8. APAC Mobile Crane Market Impact Analysis of Drivers and Restraints
Figure 9. APAC Mobile Crane Market Revenue Forecast and Analysis (US$ Million)
Figure 10. APAC Mobile Crane Market Revenue Share, by Crane Type (2020 and 2028)
Figure 11. APAC Truck Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 12. APAC Boom Truck: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 13. APAC Truck Loader Crane: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 14. APAC All-terrain Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 15. APAC Rough Terrain Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 16. APAC Crawler Cranes: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. APAC Others: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 18. APAC Mobile Crane Market Revenue Share, By Application (2020 and 2028)
Figure 19. APAC Construction: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 20. APAC Oil and Gas: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 21. APAC Shipping and Port Building: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 22. APAC Power and Utilities: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 23. APAC Others: Mobile Crane Market – Revenue and Forecast to 2028 (USD Million)
Figure 24. APAC: Mobile Crane Market, by Key Country – Revenue (2020) (US$ Million)
Figure 25. APAC: Mobile Crane Market Revenue Share, By Country (2020 and 2028)
Figure 26. Australia: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Mobile Crane Market – Revenue and Forecast to 2028 (US$ Million)
- KATO WORKS CO., LTD
- Kobelco Construction Machinery Co., Ltd.
- LIEBHERR-INTERNATIONAL
- Sany Group
- Sumitomo Heavy Industries Construction Cranes Co., Ltd.
- Tadano Ltd.
- Terex Corporation
- The Manitowoc Company, Inc
- Xuzhou Construction Machinery Group Co., Ltd
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC mobile crane market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC mobile crane market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the mobile crane market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution