Global Truck-Mounted Crane Market to Reach USD 15.6 Billion by 2032 Driven by Infrastructure Expansion and Industrial Growth

The global Truck-Mounted Crane market is experiencing steady growth as infrastructure development and industrial expansion accelerate worldwide. According to the latest study by Market Intelo, the market was valued at USD 9.4 billion in 2023 and is projected to reach USD 15.6 billion by 2032, expanding at a CAGR of 5.8% during the forecast period (2024–2032). The rising need for efficient material handling solutions across construction, oil & gas, and utilities sectors is fueling market demand.

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Truck Mounted Crane Market Research Report 2033

As per our latest market intelligence, the Global Truck Mounted Crane market size was valued at $12.7 billion in 2024, and is forecasted to hit $20.3 billion by 2033, growing at a CAGR of 5.3% during the forecast period.