Lattice Cranes Market
By Type;
Standard Lattice Boom Crawler Cranes and Extended Reach Lattice Boom Crawler CranesBy Lifting Capacity;
Below 100 Tons and 100 To 200 TonsBy Application;
Construction and MiningBy Component;
Engine and Hoist MechanismBy End-User;
Construction Companies & Oil and Gas CompaniesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Lattice Cranes Market Overview
Lattice Cranes Market (USD Million)
Lattice Cranes Market was valued at USD 2098.45 million in the year 2024. The size of this market is expected to increase to USD 2761.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
Lattice Cranes Market
*Market size in USD million
CAGR 4.0 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 4.0 % | 
| Market Size (2024) | USD 2098.45 Million | 
| Market Size (2031) | USD 2761.42 Million | 
| Market Concentration | High | 
| Report Pages | 377 | 
Major Players
- Manitowoc
 - Zoomlion
 - Liebherr
 - Terex
 - Tadano
 - XCMG
 - Sany
 - KATO
 - Kobelco
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Lattice Cranes Market
Fragmented - Highly competitive market without dominant players
The Lattice Cranes Market continues to expand rapidly, supported by growing construction and industrial activities. Known for their ability to handle extreme loads with stability, these cranes are becoming integral to modern infrastructure and energy projects. More than 40% of construction companies have incorporated lattice cranes to improve operational efficiency and safety.
Rising Demand for Heavy Lifting Solutions
Increasing infrastructure projects have driven a surge in demand for lattice boom cranes, with around 35% of large-scale projects employing them for lifting heavy materials. Their superior adaptability to rugged terrains makes them indispensable in complex operations, strengthening their presence across industrial sectors.
Cost-Effectiveness Driving Adoption
Contractors increasingly opt for lattice cranes, with over 50% recognizing their long-term cost benefits. Their modular boom design allows for flexible applications while minimizing the need for multiple machines, helping firms optimize resource utilization in large construction projects.
Future Growth Outlook
The market outlook remains positive, with 60% of industrial stakeholders planning to scale investments in lattice cranes. Continuous advancements in digitalization and automation will broaden their application scope, ensuring stronger market penetration and efficiency gains in future infrastructure development.
Lattice Cranes Market Key Takeaways
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Lattice cranes are pivotal in heavy-duty lifting applications, offering exceptional stability and lifting capacity, making them ideal for projects in construction, oil & gas, wind energy, and shipping.
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The global lattice boom crane market is projected to grow significantly, driven by increasing demand in infrastructure and industrial sectors.
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Asia Pacific is expected to lead the market, with countries like China and India contributing heavily to the demand due to rapid industrialization and infrastructure development.
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The lattice boom crawler crane segment is anticipated to grow at a strong pace, reflecting demand from construction, energy, and maritime industries.
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Technological advancements such as the integration of automation, AI, and eco-friendly designs are enhancing crane efficiency and safety.
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Key players like Manitowoc, Liebherr, Tadano, and Sany are focusing on innovation to meet growing market demand.
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Future growth will be driven by increased investments in offshore wind energy, renewable infrastructure, and heavy civil engineering projects in emerging economies.
 
Lattice Cranes Market Recent Developments
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In February 2025, Tadano Ltd. completed strategic acquisitions of Manitex International and IHI Transport Machinery Co. Ltd. to expand its lifting-equipment portfolio.
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In April 2025, Maxim Crane Works placed the first order for Tadano’s CC 78.1250-1, a new lattice boom crawler crane with high-capacity capabilities.
 
Lattice Cranes Market Segment Analysis
In this report, the Lattice Cranes Market has been segmented by Type, Lifting Capacity, Application, Component, End-User and Geography. The analysis emphasizes core drivers such as infrastructure pipelines, fleet renewal, and safety compliance, balanced against challenges including volatile input costs and skilled-operator shortages. It also evaluates technological advancements in booms and controls, strategic partnerships within dealer networks, and the future outlook for project backlogs and cross-industry demand.
Lattice Cranes Market, Segmentation by Type
Segmentation by Type frames buyer decisions around reach, mobility, and jobsite productivity. Procurement teams compare lifecycle economics, transport logistics, and utilization rates to align with evolving project mixes. Drivers include complex civil works and energy balance-of-plant needs, while challenges span regulatory transport limits and maintenance planning. Vendors differentiate through technological advancements in lattice boom design, telematics, and safety interlocks to support broader expansion strategies.
Standard Lattice Boom Crawler Cranes
Standard configurations anchor rental and contractor fleets due to dependable setup, robust load charts, and favorable total cost of ownership. They address diversified scopes from industrial facilities to bridge work, where predictable cycle times and parts availability matter. Key drivers are maintenance simplicity and operator familiarity, while challenges include meeting specialized lift profiles; OEMs respond with option packages and partnerships for aftermarket support.
Extended Reach Lattice Boom Crawler Cranes
Extended reach variants target tall or long-radius picks in refineries, wind components pre-assembly, and heavy civil applications. Their value centers on fewer repositions, enhanced lift planning flexibility, and reduced auxiliary equipment needs. Drivers involve complex lifts and constrained sites; challenges include transport permitting and higher capex. Vendors compete via modular boom systems, load-moment indicators, and technological advancements that elevate safety and uptime.
Lattice Cranes Market, Segmentation by Lifting Capacity
Capacity bands guide project matching, insurance requirements, and rental pricing structures. Fleet managers balance utilization across ranges to mitigate idle time and address seasonal peaks. Drivers include heavier prefabricated modules and industrial turnarounds; challenges cover mobilization cost and crew specialization. Investment cycles favor platforms with scalable boom/jib options and strong residual values, supporting long-term future outlook resilience.
Below 100 Tons
This class supports urban infill and light industrial tasks where access, maneuverability, and rapid rigging are essential. Contractors lean on these cranes for frequent relocations, shorter rentals, and tight-site compliance. Drivers include municipal works and maintenance outages; challenges center on competing with hydraulic alternatives and ensuring operator availability. Telematics and quick-attach systems are key technological advancements enhancing productivity.
100 To 200 Tons
Mid-range capacities address mainstream civil, process plant, and energy scopes that require stronger charts without stepping into mega-lift economics. They provide attractive cost-per-ton metrics across multi-week projects. Drivers include structural steel erection and equipment replacements; challenges involve transport coordination and component wear. OEM partnerships with finance and service providers reinforce lifecycle value and expansion into adjacent use cases.
Lattice Cranes Market, Segmentation by Application
Applications define utilization profiles, safety regimes, and service-level agreements. Construction prioritizes schedule adherence, jobsite mobility, and subcontractor integration, while Mining emphasizes durability, ground conditions, and maintenance support. Drivers include multi-year infrastructure programs and commodity-linked capital cycles; challenges are weather exposure, remote operations, and compliance. Digital lift planning and remote diagnostics are notable technological advancements improving outcomes.
Construction
In construction, lattice cranes support bridge segments, precast placement, and plant upgrades where repeatable lifts and stable platforms are critical. Contractors value predictable rigging windows, strong after-sales support, and safety instrumentation. Drivers include public works and industrial expansions; challenges involve traffic management and urban permitting. Integrated planning software and BIM links strengthen partnerships across EPC stakeholders.
Mining
Mining applications require machines that withstand abrasive environments, uneven terrain, and extended duty cycles. Site teams prioritize redundant safety systems, contamination control, and rapid parts access. Drivers include maintenance of process lines and pit infrastructure; challenges are transport distances and fleet downtime risk. Condition monitoring and component standardization constitute key technological advancements that support the future outlook for reliable uptime.
Lattice Cranes Market, Segmentation by Component
Component analysis highlights reliability, service intervals, and availability of spares that underpin lifecycle economics. Drivers include engine efficiency standards, hoist speed control, and safety instrumentation; challenges cover parts logistics and compatibility across model years. Suppliers advance technological advancements via cleaner powertrains, precision hoist mechanisms, and predictive maintenance to enable expansion of service offerings.
Engine
Power units influence fuel burn, emissions compliance, and performance at varying altitudes and temperatures. Buyers evaluate torque curves, service networks, and extended warranties. Drivers are tighter environmental regulations and reliability targets; challenges include fuel quality variance and overhaul planning. Partnerships with engine OEMs improve calibration, diagnostics, and parts pipelines for long-term asset health.
Hoist Mechanism
The hoist mechanism dictates lift speed, control precision, and operator confidence during critical picks. Fleet owners assess drum design, braking systems, and rope life for safe, efficient cycles. Drivers include demand for finer load placement and cycle-time gains; challenges are wear components and inspection intervals. Innovations in variable-speed drives and monitoring sensors represent meaningful technological advancements.
Lattice Cranes Market, Segmentation by End-User
End-user profiles shape procurement paths, financing, and aftermarket expectations. Construction Companies often blend owned and rented fleets to manage backlog volatility, whereas Oil and Gas Companies emphasize strict safety cases, contractor screening, and turnaround scheduling. Drivers involve refinery upgrades, pipeline works, and industrial retrofits; challenges include regulatory oversight and site access. Ecosystem partnerships with rental firms and service dealers support expansion and dependable uptime.
Construction Companies
Contractors prioritize versatile cranes that integrate with sequencing plans and minimize ground preparation. Procurement weighs mobilization cost, rigging time, and crew skill alignment. Drivers include multi-trade coordination and compressed schedules; challenges are tight urban jobsites and change orders. Extended service agreements and operator training programs enhance the future outlook for safe productivity.
Oil and Gas Companies
Energy operators require rigorous safety instrumentation, certified operators, and documented lift plans for brownfield and greenfield tasks. Specifications focus on load charts at radius, wind limits, and redundancy. Drivers include maintenance turnarounds and expansion projects; challenges involve hazardous environments and regulatory audits. Long-term partnerships with vetted contractors and digital permitting streamline execution.
Lattice Cranes Market, Segmentation by Geography
In this report, the Lattice Cranes Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America benefits from sustained infrastructure funding, industrial retrofits, and a mature rental ecosystem. Drivers include bridge rehabilitation and petrochemical maintenance, while challenges involve labor tightness and transport permitting. OEM-dealer partnerships, telematics adoption, and safety enhancements support a constructive future outlook for fleet modernization.
Europe
Europe’s demand reflects energy transition projects, rail upgrades, and strict safety legislation shaping equipment choices. Drivers include industrial decarbonization and offshore support, with challenges around cross-border logistics and evolving emission standards. Collaboration with financing partners and digital lift planning tools underpins disciplined expansion and compliance.
Asia Pacific
Asia Pacific is characterized by large-scale civil programs, industrial corridors, and port expansions. Drivers include urbanization and manufacturing investments; challenges are climate exposure and heterogeneous regulatory regimes. Suppliers leverage localized production, training centers, and resilient supply chains to capture multi-country growth and build long-term partnerships.
Middle East & Africa
Middle East & Africa demand stems from hydrocarbons, utilities, and logistics infrastructure, complemented by select mining projects. Drivers include mega-projects and turnaround schedules; challenges involve extreme environments and site-access constraints. Service-heavy models, strong dealer coverage, and reliability-focused technological advancements sustain the regional future outlook.
Latin America
Latin America’s opportunities align with mining, industrial maintenance, and port modernization, tempered by macro volatility. Key drivers include commodity cycles and public works, whereas challenges include financing costs and import timelines. Building trusted partnerships, expanding parts depots, and deploying telematics to improve uptime support gradual expansion across priority corridors.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Lattice Cranes Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Infrastructure investments
 - Urbanization trends
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Industrial projects : Industrial projects are significant drivers of demand in the global lattice cranes market, relying heavily on these specialized cranes for their robust lifting capabilities and versatility. In sectors such as manufacturing, mining, and energy, lattice cranes play a crucial role in handling heavy machinery, components, and materials essential for industrial operations. These cranes are adept at lifting and positioning large-scale equipment during plant construction, expansion projects, and maintenance shutdowns, facilitating efficient installation and assembly processes.
In manufacturing industries, lattice cranes are instrumental in handling oversized components such as industrial boilers, turbines, and steel structures. Their ability to lift heavy loads to great heights ensures precise placement and assembly, contributing to operational efficiency and adherence to production schedules. Lattice cranes support the automotive, aerospace, and heavy equipment sectors by providing reliable lifting solutions for manufacturing lines, assembly processes, and warehouse logistics.
In mining and resource extraction industries, lattice cranes are utilized for equipment maintenance, ore handling, and construction of mining infrastructure. These cranes are essential in lifting and relocating heavy machinery and materials in challenging terrains, such as remote mining sites and rugged landscapes. Their durability and mobility enable them to operate effectively in harsh environmental conditions, supporting continuous operations and minimizing downtime in critical mining operations.
 
Restraints
- Operational Complexity
 - High Maintenance
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Limited Maneuverability : The global lattice cranes market faces challenges related to limited maneuverability, impacting their applicability and operational efficiency in diverse environments. Lattice cranes, known for their robustness and high lifting capacities, are often characterized by their large size and weight. This physical footprint poses constraints in maneuvering within congested or confined spaces such as urban construction sites, industrial plants, and offshore platforms. The sheer size and weight of lattice cranes necessitate careful planning and coordination during deployment and operation to ensure safe maneuverability and compliance with site-specific requirements.
The design and configuration of lattice cranes, including their boom length and swing radius, can restrict their maneuverability in tight spaces or complex terrain. In urban construction settings with limited access points or overhead obstructions, maneuvering large lattice cranes becomes challenging and may require additional time and resources for setup and repositioning. Offshore environments present unique challenges where sea conditions, platform layout, and spatial constraints necessitate specialized lifting solutions that balance operational flexibility with safety and efficiency.
Cost considerations also come into play regarding the limited maneuverability of lattice cranes. The logistics involved in transporting and positioning these cranes on-site, including permits, transport routes, and crane assembly, contribute to overall project costs. The need for specialized equipment and skilled personnel to manage complex maneuvers adds to operational expenses, influencing decisions on crane selection and deployment strategies in various industrial applications.
 
Opportunities
- Infrastructure Expansion
 - Urbanization Projects
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Industrial Growth : Industrial growth plays a pivotal role in driving the global lattice cranes market, fueled by increasing infrastructure development and expanding industrial activities worldwide. Lattice cranes are integral to the construction sector, supporting the erection of skyscrapers, bridges, and other large-scale infrastructure projects. As urbanization accelerates across regions like North America, Europe, and Asia Pacific, demand for robust lifting solutions capable of handling heavy materials and components rises correspondingly. Lattice cranes excel in these environments due to their high lifting capacities, stability, and versatility, facilitating efficient project execution and enhancing construction site productivity.
In addition to construction, industrial growth in sectors such as manufacturing, mining, and energy drives demand for lattice cranes. Manufacturing industries rely on lattice cranes for equipment installation, plant maintenance, and material handling operations. These cranes enable precise lifting and positioning of heavy machinery and components, supporting production efficiency and operational continuity. In mining and energy sectors, lattice cranes play critical roles in handling materials, maintaining infrastructure, and supporting extraction operations in challenging environments. Their ability to operate in rough terrains and harsh conditions makes lattice cranes indispensable for maintaining productivity and safety standards in resource extraction industries.
The expansion of industrial infrastructure, particularly in emerging markets of Asia Pacific, Middle East, and Africa, presents significant opportunities for the lattice cranes market. Countries investing in infrastructure upgrades, such as transportation networks, ports, and power generation facilities, require reliable lifting solutions to support construction and maintenance activities. Lattice cranes meet these requirements by offering robust performance, adaptability to varied operating conditions, and adherence to stringent safety standards. As industrial sectors continue to evolve and expand globally, the demand for lattice cranes is expected to grow, driven by ongoing infrastructure investments and modernization initiatives across diverse industries.
 
Lattice Cranes Market Competitive Landscape Analysis
Lattice Cranes Market is characterized by intense competition where established manufacturers and emerging players constantly refine their strategies to capture higher market shares. The industry is marked by frequent collaboration, merger initiatives, and partnerships that strengthen product portfolios and enhance regional presence. Continuous emphasis on innovation ensures that companies remain competitive in meeting evolving demand across diverse applications.
Market Structure and Concentration
The market reflects a moderately consolidated landscape where a few large enterprises hold significant influence while smaller firms focus on niche strengths. Strategic growth efforts by top players often involve mergers and partnerships, reinforcing dominance. Mid-sized manufacturers enhance their standing through specialized services, ensuring a balanced competitive structure that encourages healthy rivalry and long-term expansion.
Brand and Channel Strategies
Strong brand positioning and robust distribution channels remain vital for success in the lattice cranes sector. Companies utilize targeted strategies including direct sales, dealer networks, and long-term collaboration with contractors. By aligning brand identity with customer expectations, manufacturers reinforce trust and reliability, while maintaining flexibility to adapt partnerships in line with shifting regional preferences and demand patterns.
Innovation Drivers and Technological Advancements
The industry is propelled by continuous technological advancements that enhance safety, performance, and efficiency. Leading manufacturers prioritize innovation through investment in hybrid engines, automation, and digital monitoring. These developments strengthen competitive positioning while aligning with sustainability strategies. The pace of product development ensures resilience and supports long-term growth in the face of changing construction and industrial needs.
Regional Momentum and Expansion
Regional competition is driven by large-scale expansion projects and infrastructure development programs. Companies establish partnerships with local distributors to secure market access, while mergers bolster cross-regional presence. Collaborative strategies help adapt to regulatory landscapes and demand variability. This regional momentum not only sustains competitiveness but also underpins broader market growth trajectories worldwide.
Future Outlook
The future of the lattice cranes sector will be shaped by sustainable innovation, digital integration, and strategic collaboration. Manufacturers are expected to pursue mergers and partnerships that align with emerging industrial trends. With continuous technological advancements and emphasis on expansion into new regions, the market demonstrates a promising future outlook supported by strong competitive strategies.
Key players in Lattice Cranes Market include:
- Link-Belt Cranes
 - Terex Corporation
 - PLM Cranes B.V.
 - Prangl Gesellschaft GmbH
 - Kobe Steel, Ltd.
 - Sarens N.V. / S.A.
 - Patrick Fabricating and Welding
 - The Liebherr Group
 - Techcrane International, LLC
 - Manitowoc Crane Group
 - Gulf Crane Services & Manufacturing
 - TTS Group ASA
 - Zoomlion Heavy Industry
 - Sany Group
 - Sumitomo Heavy Industries
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Lifting Capacity
 - Market Snapshot, By Application
 - Market Snapshot, By Component
 - Market Snapshot, By End-User
 - Market Snapshot, By Region
 
 - Lattice Cranes Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Infrastructure investments
 - Urbanization trends
 - Industrial projects
 
 - Restraints 
- Operational Complexity
 - High Maintenance
 - Limited Maneuverability
 
 - Opportunities 
- Infrastructure Expansion
 - Urbanization Projects
 - Industrial Growth
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Lattice Cranes Market, By Type, 2021 - 2031 (USD Million) 
- Standard Lattice Boom Crawler Cranes
 - Extended Reach Lattice Boom Crawler Cranes
 
 - Lattice Cranes Market, By Lifting Capacity, 2021 - 2031 (USD Million) 
- Below 100 Tons
 - 100 To 200 Tons
 
 - Lattice Cranes Market, By Application, 2021 - 2031 (USD Million) 
- Construction
 - Mining
 
 - Lattice Cranes Market, By Component, 2021 - 2031 (USD Million) 
- Engine
 - Hoist Mechanism
 
 - Lattice Cranes Market, By End-User, 2021 - 2031 (USD Million) 
- Construction Companies & Oil and Gas Companies
 
 - Lattice Cranes Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN(Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Lattice Cranes Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Link-Belt Cranes
 - Terex Corporation
 - PLM Cranes B.V.
 - Prangl Gesellschaft GmbH
 - Kobe Steel, Ltd.
 - Sarens N.V. / S.A.
 - Patrick Fabricating and Welding
 - The Liebherr Group
 - Techcrane International, LLC
 - Manitowoc Crane Group
 - Gulf Crane Services & Manufacturing
 - TTS Group ASA
 - Zoomlion Heavy Industry
 - Sany Group
 - Sumitomo Heavy Industries
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

