Lattice Cranes Market

By Product Type;

Standard Lattice Boom Crawler Cranes, Heavy Lattice Boom Crawler Cranes and Specialized Lattice Boom Crawler Cranes

By Lifting Capacity;

Up to 100 Tons, 101 to 200 Tons, 201 to 300 Tons and Above 300 Tons

By Application;

Construction, Mining, Oil & Gas, Wind Energy and Infrastructure Development

By Component;

Engine, Hydraulic System, Control System, Chassis and Crawler System

By End-User Industry;

Commercial Construction, Industrial Construction, Residential Construction, Energy and Transportation & Logistics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn326082340 Published Date: November, 2025 Updated Date: December, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 2098.45 Million
Market Size (2031)USD 2761.42 Million
Market ConcentrationHigh
Report Pages377
2098.45
2024
2761.42
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Lifting Capacity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Component
    5. Market Snapshot, By End-User Industry
    6. Market Snapshot, By Region
  4. Lattice Cranes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure investments
        2. Urbanization trends
        3. Industrial projects
      2. Restraints
        1. Operational Complexity
        2. High Maintenance
        3. Limited Maneuverability
      3. Opportunities
        1. Infrastructure Expansion
        2. Urbanization Projects
        3. Industrial Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Lattice Cranes Market, By Product Type, 2021 - 2031 (USD Million)
      1. Standard Lattice Boom Crawler Cranes
      2. Heavy Lattice Boom Crawler Cranes
      3. Specialized Lattice Boom Crawler Cranes
    2. Lattice Cranes Market, By Lifting Capacity, 2021 - 2031 (USD Million)
      1. Up to 100 Tons
      2. 101 to 200 Tons
      3. 201 to 300 Tons
      4. Above 300 Tons
    3. Lattice Cranes Market, By Application, 2021 - 2031 (USD Million)
      1. Construction
      2. Mining
      3. Oil & Gas
      4. Wind Energy
      5. Infrastructure Development
    4. Lattice Cranes Market, By Component, 2021 - 2031 (USD Million)
      1. Engine
      2. Hydraulic System
      3. Control System
      4. Chassis
      5. Crawler System
    5. Lattice Cranes Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Commercial Construction
      2. Industrial Construction
      3. Residential Construction
      4. Energy
      5. Transportation & Logistics
    6. Lattice Cranes Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Link-Belt Cranes
      2. Terex Corporation
      3. PLM Cranes B.V.
      4. Prangl Gesellschaft GmbH
      5. Kobe Steel, Ltd.
      6. Sarens N.V. / S.A.
      7. Patrick Fabricating and Welding
      8. The Liebherr Group
      9. Techcrane International, LLC
      10. Manitowoc Crane Group
      11. Gulf Crane Services & Manufacturing
      12. TTS Group ASA
      13. Zoomlion Heavy Industry
      14. Sany Group
      15. Sumitomo Heavy Industries
  7. Analyst Views
  8. Future Outlook of the Market