Global Tower Crane Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
1 Market Overview
- 1.1 Product Overview and Scope of Tower Crane
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Tower Crane Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Self-erecting Tower Cranes
- 1.3.3 Flat Top Tower Cranes
- 1.3.4 Hammerhead Tower Cranes
- 1.3.5 Luffing Jib Tower Cranes
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Tower Crane Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Dam Building
- 1.4.3 Bridge Building
- 1.4.4 Shipyards
- 1.4.5 Power Plants
- 1.4.6 High Rise Buildings
- 1.5 Global Tower Crane Market Size & Forecast
- 1.5.1 Global Tower Crane Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Tower Crane Sales Quantity (2018-2029)
- 1.5.3 Global Tower Crane Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 XCMG
- 2.1.1 XCMG Details
- 2.1.2 XCMG Major Business
- 2.1.3 XCMG Tower Crane Product and Services
- 2.1.4 XCMG Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 XCMG Recent Developments/Updates
- 2.2 Liebherr
- 2.2.1 Liebherr Details
- 2.2.2 Liebherr Major Business
- 2.2.3 Liebherr Tower Crane Product and Services
- 2.2.4 Liebherr Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Liebherr Recent Developments/Updates
- 2.3 Manitowoc
- 2.3.1 Manitowoc Details
- 2.3.2 Manitowoc Major Business
- 2.3.3 Manitowoc Tower Crane Product and Services
- 2.3.4 Manitowoc Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Manitowoc Recent Developments/Updates
- 2.4 Zoomlion
- 2.4.1 Zoomlion Details
- 2.4.2 Zoomlion Major Business
- 2.4.3 Zoomlion Tower Crane Product and Services
- 2.4.4 Zoomlion Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 Zoomlion Recent Developments/Updates
- 2.5 SANY
- 2.5.1 SANY Details
- 2.5.2 SANY Major Business
- 2.5.3 SANY Tower Crane Product and Services
- 2.5.4 SANY Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 SANY Recent Developments/Updates
- 2.6 Terex
- 2.6.1 Terex Details
- 2.6.2 Terex Major Business
- 2.6.3 Terex Tower Crane Product and Services
- 2.6.4 Terex Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 Terex Recent Developments/Updates
- 2.7 DAHAN
- 2.7.1 DAHAN Details
- 2.7.2 DAHAN Major Business
- 2.7.3 DAHAN Tower Crane Product and Services
- 2.7.4 DAHAN Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 DAHAN Recent Developments/Updates
- 2.8 Fushun Yongmao
- 2.8.1 Fushun Yongmao Details
- 2.8.2 Fushun Yongmao Major Business
- 2.8.3 Fushun Yongmao Tower Crane Product and Services
- 2.8.4 Fushun Yongmao Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 Fushun Yongmao Recent Developments/Updates
- 2.9 Comansa
- 2.9.1 Comansa Details
- 2.9.2 Comansa Major Business
- 2.9.3 Comansa Tower Crane Product and Services
- 2.9.4 Comansa Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Comansa Recent Developments/Updates
- 2.10 FAVCO
- 2.10.1 FAVCO Details
- 2.10.2 FAVCO Major Business
- 2.10.3 FAVCO Tower Crane Product and Services
- 2.10.4 FAVCO Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 FAVCO Recent Developments/Updates
- 2.11 Zhejiang Construction Machinery
- 2.11.1 Zhejiang Construction Machinery Details
- 2.11.2 Zhejiang Construction Machinery Major Business
- 2.11.3 Zhejiang Construction Machinery Tower Crane Product and Services
- 2.11.4 Zhejiang Construction Machinery Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 Zhejiang Construction Machinery Recent Developments/Updates
- 2.12 SCM
- 2.12.1 SCM Details
- 2.12.2 SCM Major Business
- 2.12.3 SCM Tower Crane Product and Services
- 2.12.4 SCM Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.12.5 SCM Recent Developments/Updates
- 2.13 Fangyuan Group
- 2.13.1 Fangyuan Group Details
- 2.13.2 Fangyuan Group Major Business
- 2.13.3 Fangyuan Group Tower Crane Product and Services
- 2.13.4 Fangyuan Group Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.13.5 Fangyuan Group Recent Developments/Updates
- 2.14 Huaxia
- 2.14.1 Huaxia Details
- 2.14.2 Huaxia Major Business
- 2.14.3 Huaxia Tower Crane Product and Services
- 2.14.4 Huaxia Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.14.5 Huaxia Recent Developments/Updates
- 2.15 Guangxi Construction
- 2.15.1 Guangxi Construction Details
- 2.15.2 Guangxi Construction Major Business
- 2.15.3 Guangxi Construction Tower Crane Product and Services
- 2.15.4 Guangxi Construction Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.15.5 Guangxi Construction Recent Developments/Updates
- 2.16 Saez
- 2.16.1 Saez Details
- 2.16.2 Saez Major Business
- 2.16.3 Saez Tower Crane Product and Services
- 2.16.4 Saez Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.16.5 Saez Recent Developments/Updates
- 2.17 Wolffkran
- 2.17.1 Wolffkran Details
- 2.17.2 Wolffkran Major Business
- 2.17.3 Wolffkran Tower Crane Product and Services
- 2.17.4 Wolffkran Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.17.5 Wolffkran Recent Developments/Updates
- 2.18 HKTC
- 2.18.1 HKTC Details
- 2.18.2 HKTC Major Business
- 2.18.3 HKTC Tower Crane Product and Services
- 2.18.4 HKTC Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.18.5 HKTC Recent Developments/Updates
- 2.19 Jost
- 2.19.1 Jost Details
- 2.19.2 Jost Major Business
- 2.19.3 Jost Tower Crane Product and Services
- 2.19.4 Jost Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.19.5 Jost Recent Developments/Updates
- 2.20 Jaso
- 2.20.1 Jaso Details
- 2.20.2 Jaso Major Business
- 2.20.3 Jaso Tower Crane Product and Services
- 2.20.4 Jaso Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.20.5 Jaso Recent Developments/Updates
- 2.21 Raimondi
- 2.21.1 Raimondi Details
- 2.21.2 Raimondi Major Business
- 2.21.3 Raimondi Tower Crane Product and Services
- 2.21.4 Raimondi Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.21.5 Raimondi Recent Developments/Updates
- 2.22 FM Gru
- 2.22.1 FM Gru Details
- 2.22.2 FM Gru Major Business
- 2.22.3 FM Gru Tower Crane Product and Services
- 2.22.4 FM Gru Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.22.5 FM Gru Recent Developments/Updates
- 2.23 Wilbert
- 2.23.1 Wilbert Details
- 2.23.2 Wilbert Major Business
- 2.23.3 Wilbert Tower Crane Product and Services
- 2.23.4 Wilbert Tower Crane Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.23.5 Wilbert Recent Developments/Updates
3 Competitive Environment: Tower Crane by Manufacturer
- 3.1 Global Tower Crane Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Tower Crane Revenue by Manufacturer (2018-2023)
- 3.3 Global Tower Crane Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Tower Crane by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Tower Crane Manufacturer Market Share in 2022
- 3.4.2 Top 6 Tower Crane Manufacturer Market Share in 2022
- 3.5 Tower Crane Market: Overall Company Footprint Analysis
- 3.5.1 Tower Crane Market: Region Footprint
- 3.5.2 Tower Crane Market: Company Product Type Footprint
- 3.5.3 Tower Crane Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Tower Crane Market Size by Region
- 4.1.1 Global Tower Crane Sales Quantity by Region (2018-2029)
- 4.1.2 Global Tower Crane Consumption Value by Region (2018-2029)
- 4.1.3 Global Tower Crane Average Price by Region (2018-2029)
- 4.2 North America Tower Crane Consumption Value (2018-2029)
- 4.3 Europe Tower Crane Consumption Value (2018-2029)
- 4.4 Asia-Pacific Tower Crane Consumption Value (2018-2029)
- 4.5 South America Tower Crane Consumption Value (2018-2029)
- 4.6 Middle East and Africa Tower Crane Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Tower Crane Sales Quantity by Type (2018-2029)
- 5.2 Global Tower Crane Consumption Value by Type (2018-2029)
- 5.3 Global Tower Crane Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Tower Crane Sales Quantity by Application (2018-2029)
- 6.2 Global Tower Crane Consumption Value by Application (2018-2029)
- 6.3 Global Tower Crane Average Price by Application (2018-2029)
7 North America
- 7.1 North America Tower Crane Sales Quantity by Type (2018-2029)
- 7.2 North America Tower Crane Sales Quantity by Application (2018-2029)
- 7.3 North America Tower Crane Market Size by Country
- 7.3.1 North America Tower Crane Sales Quantity by Country (2018-2029)
- 7.3.2 North America Tower Crane Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Tower Crane Sales Quantity by Type (2018-2029)
- 8.2 Europe Tower Crane Sales Quantity by Application (2018-2029)
- 8.3 Europe Tower Crane Market Size by Country
- 8.3.1 Europe Tower Crane Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Tower Crane Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Tower Crane Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Tower Crane Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Tower Crane Market Size by Region
- 9.3.1 Asia-Pacific Tower Crane Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Tower Crane Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Tower Crane Sales Quantity by Type (2018-2029)
- 10.2 South America Tower Crane Sales Quantity by Application (2018-2029)
- 10.3 South America Tower Crane Market Size by Country
- 10.3.1 South America Tower Crane Sales Quantity by Country (2018-2029)
- 10.3.2 South America Tower Crane Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Tower Crane Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Tower Crane Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Tower Crane Market Size by Country
- 11.3.1 Middle East & Africa Tower Crane Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Tower Crane Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Tower Crane Market Drivers
- 12.2 Tower Crane Market Restraints
- 12.3 Tower Crane Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
- 12.5 Influence of COVID-19 and Russia-Ukraine War
- 12.5.1 Influence of COVID-19
- 12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
- 13.1 Raw Material of Tower Crane and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Tower Crane
- 13.3 Tower Crane Production Process
- 13.4 Tower Crane Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Tower Crane Typical Distributors
- 14.3 Tower Crane Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Tower Crane market size was valued at USD 3195.4 million in 2022 and is forecast to a readjusted size of USD 2662.2 million by 2029 with a CAGR of -2.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of tower crane include Zoomlion, XCMG, SANY, etc. The top three players hold a share about 50%. Asia-Pacific is the largest market of tower crane, holding a share over 65%, followed by North America and Europe.
A tower crane is a piece of equipment used to move or transport oversized objects. It is a stationary device, which means the base of the crane does move. A large, fixed tower supports a horizontal beam, or jib, which sits atop the tower to form an uneven letter “T.” A tower crane is often used in the construction industry to set steel beams and other large building components. It may also be used in the shipping or transportation industry to load and unload large freighters. The base of the tower crane sits atop a concrete pad, which can vary in thickness based on the height and weight of the crane. Large anchor bolts are used to fasten the base of the tower to the concrete, and may also extend several feet into the ground. This keeps the tower safely supported to help reduce the risk of collapse. The vertical tower extends dozens of feet into the air, and the jib rests on top. The longer section of the jib has cables attached to move or position objects below, while the shorter section of the jib extends away from these cables to act as a counterweight. Additional counterweights made from concrete or steel may be hung from the shorter section of the jib to adjust the balance of the crane. An operator car is typically located where the jib meets the tower. The tower crane operator sits inside of this car and uses a series of controls to swing the jib and move objects. An individual on the ground or within the building oversees the process of fastening objects to the cables of the tower crane. This individual is known as a rigger and he or she uses radio or hand signals to communicate with the crane operator.
This report is a detailed and comprehensive analysis for global Tower Crane market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Tower Crane market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2018-2029
Global Tower Crane market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2018-2029
Global Tower Crane market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2018-2029
Global Tower Crane market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tower Crane
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tower Crane market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include XCMG, Liebherr, Manitowoc, Zoomlion and SANY, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Tower Crane market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Self-erecting Tower Cranes
Flat Top Tower Cranes
Hammerhead Tower Cranes
Luffing Jib Tower Cranes
Market segment by Application
Dam Building
Bridge Building
Shipyards
Power Plants
High Rise Buildings
Major players covered
XCMG
Liebherr
Manitowoc
Zoomlion
SANY
Terex
DAHAN
Fushun Yongmao
Comansa
FAVCO
Zhejiang Construction Machinery
SCM
Fangyuan Group
Huaxia
Guangxi Construction
Saez
Wolffkran
HKTC
Jost
Jaso
Raimondi
FM Gru
Wilbert
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tower Crane product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tower Crane, with price, sales, revenue and global market share of Tower Crane from 2018 to 2023.
Chapter 3, the Tower Crane competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tower Crane breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Tower Crane market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tower Crane.
Chapter 14 and 15, to describe Tower Crane sales channel, distributors, customers, research findings and conclusion.