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Report Overview
The Europe crane market reached around USD 13.50 Billion in 2024. The market is projected to grow at a CAGR of 3.80% between 2025 and 2034 to reach nearly USD 19.60 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
-
The volume of containers present in Europe’s top 20 ports accounts for nearly 10% of the world’s total volume.
-
In Q3 2023, Rotterdam port handled 3373 TEU of cargo.
-
The construction industry accounts for nearly 9% of the EU’s GDP and employs 18 million workers directly.
Compound Annual Growth Rate
Value in USD Billion
3.8%
2025-2034
Europe Crane Market Outlook
*this image is indicative*
| Europe Crane Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 13.50 |
| Market Size 2034 | USD Billion | 19.60 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 3.80% |
| CAGR 2025-2034 - Market by Country | United Kingdom | 4.3% |
| CAGR 2025-2034 - Market by Country | Germany | 4.0% |
| CAGR 2025-2034 - Market by Mobility | Mobile | 4.1% |
| CAGR 2025-2034 - Market by Type | Tower Crane | 4.3% |
| 2024 Market Share by Country | United Kingdom | 14.2% |
Europe Crane Market Growth
The European Union is the largest trading block worldwide. Despite having 5% of the global population, it contributes over 14% in terms of economic value addition to the global GDP. Maritime transport is a key facilitator and driver of Europe’s economic growth, since nearly 3/4ths of all international commerce from the EU is carried out by sea. In Q3 2023, nearly 500.06 million tons of goods were loaded on EU ports, while 306.89 million tons of goods were unloaded. Nearly 806.95 million tons of goods were meant for national transportation, while 481 million tons of goods were meant for international transportation. This is expected to drive the demand for extremely flexible and adaptable quay cranes that can handle port cargo easily and efficiently.
The Machinery Directive of 2006 is expected to be revised and updated by the European Machinery Regulations by 2027. This is expected to lead to the incorporation of site safety management practices into the standard sizes of mobile cranes to ensure sustained demand for the product by the construction industry. This can include suggestions to prevent the risks associated with a crane’s contact with overhead electricity wires and the provision of adequate occupational safety measures.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Europe Crane Industry Segmentation
Europe Crane Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Mobility:
- Static
- Mobile
Market Breakup by Type:
- Overhead Travelling Crane
- Transporter Crane
- Gantry Crane
- Bridge Crane
- Tower Crane
- Others
Market Breakup by Sales Channel:
- OEM
- Aftermarket
Market Breakup by Country:
- United Kingdom
- Germany
- France
- Italy
- Others
| CAGR 2025-2034 - Market by | Country |
| United Kingdom | 4.3% |
| Germany | 4.0% |
| France | XX% |
| Italy | XX% |
| Others | XX% |
Europe Crane Market Share
Based on type, the market is segmented into overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, and tower cranes, among others. Over the forecast period of 2025-2034, tower cranes are expected to grow at a CAGR of 4.3% due to their increasing applications in the construction sector for handling heavy loads.
| 2024 Market Share by | Country |
| United Kingdom | 14.2% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Others | XX% |
Leading Companies in the Europe Crane Market
Major European crane manufacturers are introducing new crawler cranes with powerful engines that can lift nearly 75 million tons of weight and are easy to operate and maintain.
- Liebherr Group GmbH
- Konecranes Plc
- Terex Corporation
- Fassi Gru S.p.A.
- The Manitowoc Company Inc.
- Gorbel Inc.
- Buckner Heavylift Cranes, LLC
- Palfinger AG,
- Tadano Ltd.
- Broderson Manufacturing Corp.
- Others
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached nearly USD 13.50 Billion in 2024.
The market is projected to grow at a CAGR of 3.80% between 2025 and 2034.
The market is assessed to witness healthy growth in the forecast period to reach around USD 19.60 Billion in 2034.
The different types of cranes in the market are overhead travelling crane, transporter crane, gantry crane, bridge crane, and tower crane, among others.
The different segments based on mobility of crane considered in the market report include static and mobile.
The different sales channels of cranes in the market are OEM and aftermarket.
The different countries covered in the market report are the United Kingdom, Germany, France, and Italy, among others.
The key market players are Liebherr Group GmbH, Konecranes Plc, Terex Corporation, Fassi Gru S.p.A., The Manitowoc Company Inc., Gorbel Inc., Buckner Heavylift Cranes, LLC, Palfinger AG, Tadano Ltd., and Broderson Manufacturing Corp., among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Mobility |
|
| Breakup by Type |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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