Lattice Cranes Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
By Product Type;
Standard Lattice Boom Crawler Cranes, Heavy Lattice Boom Crawler Cranes and Specialized Lattice Boom Crawler CranesBy Lifting Capacity;
Up to 100 Tons, 101 to 200 Tons, 201 to 300 Tons and Above 300 TonsBy Application;
Construction, Mining, Oil & Gas, Wind Energy and Infrastructure DevelopmentBy Component;
Engine, Hydraulic System, Control System, Chassis and Crawler SystemBy End-User Industry;
Commercial Construction, Industrial Construction, Residential Construction, Energy and Transportation & LogisticsBy 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 | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 4.0 % |
| Market Size (2025) | USD 2098.45 Million |
| Market Size (2032) | 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
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 Product Type, Lifting Capacity, Application, Component, End-User Industry, and Geography.
Lattice Cranes Market, Segmentation by Product Type
Standard Lattice Boom Crawler Cranes
Standard Lattice Boom Crawler Cranes are widely used for general lifting and medium-duty construction activities. Their balanced load capacity, mobility, and cost efficiency support steady adoption across urban infrastructure and industrial installation projects.
Heavy Lattice Boom Crawler Cranes
Heavy Lattice Boom Crawler Cranes address high-load lifting requirements in power plants, refineries, and large infrastructure projects. Demand is driven by capacity expansion, enhanced structural stability, and improved safety automation.
Specialized Lattice Boom Crawler Cranes
Specialized Lattice Boom Crawler Cranes are engineered for unique terrain, extreme heights, and confined operating environments. Adoption benefits from technological advancements, modular customization, and niche project requirements.
Lattice Cranes Market, Segmentation by Lifting Capacity
Up to 100 Tons
Up to 100 Tons cranes support light-to-medium lifting operations in commercial construction and maintenance projects. Their compact footprint improves maneuverability and operational efficiency.
101 to 200 Tons
101 to 200 Tons capacity cranes enable heavier structural assembly and equipment installation. This range benefits from balanced cost-performance efficiency and broad project versatility.
201 to 300 Tons
201 to 300 Tons cranes serve large-scale industrial construction and renewable energy installations. Demand is supported by rising turbine sizes and infrastructure modernization initiatives.
Above 300 Tons
Above 300 Tons cranes are used for mega infrastructure, offshore modules, and heavy refinery construction. Growth is driven by mega-project investments and high-load engineering complexity.
Lattice Cranes Market, Segmentation by Application
Construction
Construction applications dominate usage for high-rise buildings, bridges, and industrial facilities. Demand is reinforced by urbanization, smart city development, and infrastructure expansion strategies.
Mining
Mining applications rely on lattice cranes for heavy equipment installation and material handling in remote sites. Durability and terrain adaptability drive procurement decisions.
Oil & Gas
Oil & Gas usage supports refinery upgrades, pipeline projects, and offshore module lifting. Safety compliance and load stability remain critical performance drivers.
Wind Energy
Wind Energy applications require high-capacity cranes for turbine erection and component replacement. Growth is supported by renewable energy investments and taller turbine installations.
Infrastructure Development
Infrastructure Development includes ports, rail corridors, airports, and power projects requiring continuous heavy lifting. Government-led spending supports long-term demand stability.
Lattice Cranes Market, Segmentation by Component
Engine
Engine systems determine power output, fuel efficiency, and emission compliance. Manufacturers focus on reliability and low maintenance operating profiles.
Hydraulic System
Hydraulic System controls lifting precision, load stability, and operational responsiveness. Advanced hydraulics improve safety and cycle efficiency.
Control System
Control System integrates automation, load monitoring, and operator interfaces. Digital controls enhance operational accuracy and predictive maintenance.
Chassis
Chassis structures provide load distribution and mechanical durability under high stress conditions. Design optimization supports extended service life.
Crawler System
Crawler System enables site mobility across uneven terrain and soft ground conditions. Traction efficiency improves project productivity and site accessibility.
Lattice Cranes Market, Segmentation by End-User Industry
Commercial Construction
Commercial Construction utilizes lattice cranes for malls, offices, and mixed-use developments. Urban project density supports continuous equipment demand.
Industrial Construction
Industrial Construction drives demand for high-capacity lifting in factories, refineries, and processing plants. Project complexity increases equipment utilization rates.
Residential Construction
Residential Construction applications include high-rise housing and large-scale township developments. Compact crane configurations support space-constrained sites.
Energy
Energy projects involve power plants, renewables, and transmission infrastructure requiring heavy component lifting. Energy transition investments sustain long-term growth.
Transportation & Logistics
Transportation & Logistics use lattice cranes for port expansion, rail networks, and cargo handling infrastructure. Trade growth supports equipment modernization.
Lattice Cranes Market, Segmentation by Geography
Geographic demand varies based on infrastructure spending, industrial investment intensity, and renewable energy deployment rates across regions.
Regions and Countries Analyzed in this Report
North America
North America benefits from infrastructure rehabilitation, renewable energy expansion, and industrial modernization investments supporting steady crane replacement demand.
Europe
Europe shows consistent demand from wind energy deployment, port upgrades, and emission-compliant fleet renewal initiatives.
Asia Pacific
Asia Pacific leads volume growth driven by urbanization, industrial capacity expansion, and large-scale transport infrastructure development.
Middle East & Africa
Middle East & Africa demand is supported by energy projects, port development, and mega infrastructure investments.
Latin America
Latin America growth is driven by mining investments, logistics infrastructure upgrades, and gradual industrial expansion.
Lattice Cranes Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Lattice Cranes Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
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 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 : 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 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 Product Type
- Market Snapshot, By Lifting Capacity
- Market Snapshot, By Application
- Market Snapshot, By Component
- Market Snapshot, By End-User Industry
- Market Snapshot, By Region
- Lattice Cranes Market Forces
- 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 Product Type, 2021 - 2031 (USD Million)
- Standard Lattice Boom Crawler Cranes
- Heavy Lattice Boom Crawler Cranes
- Specialized Lattice Boom Crawler Cranes
- Lattice Cranes Market, By Lifting Capacity, 2021 - 2031 (USD Million)
- Up to 100 Tons
- 101 to 200 Tons
- 201 to 300 Tons
- Above 300 Tons
- Lattice Cranes Market, By Application, 2021 - 2031 (USD Million)
- Construction
- Mining
- Oil & Gas
- Wind Energy
- Infrastructure Development
- Lattice Cranes Market, By Component, 2021 - 2031 (USD Million)
- Engine
- Hydraulic System
- Control System
- Chassis
- Crawler System
- Lattice Cranes Market, By End-User Industry, 2021 - 2031 (USD Million)
- Commercial Construction
- Industrial Construction
- Residential Construction
- Energy
- Transportation & Logistics
- 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 Product 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

