CRAWLER CRANES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In December 2023, Kobelco Construction Machinery Co., Ltd., offering a wide range of products including excavators and cranes introduced its new G-4 series hydraulic crawler cranes, featuring three models: the CKE900G-4 with a maximum lifting capacity of 100 metric tonnes at 3.6 meters, the CKE1350G-4 with a maximum lifting capacity of 150 metric tonnes at 4.4 meters, and the CKE2500G-4 with a maximum lifting capacity of 250 metric tonnes at 4.6 meters
• In December 2023, Sumitomo Heavy Industries Construction Cranes Co., Ltd. (HSC), a leading manufacturer of construction equipment, particularly crawler cranes launched the SCX2800A-3 crawler crane, which has a maximum lifting capacity of 275 metric tonnes and complies with EU Stage V exhaust emissions regulations
• In October 2022, MYCRANE, a digital platform that simplifies the process of global crane rental procurement partnered with PV-E Cranes, a company that specializes in the development and supply of emission-free, electric crawler cranes of the Netherlands to offer a range of zero-emission crawler cranes globally. These electric cranes, engineered and manufactured in the Netherlands with high-quality components, operate on battery power and can run for 10-12 hours on a single charge. The product line includes models with lifting capacities of 80, 100, 160, and 250 tons, along with various boom options to cater to different project needs.
• In June 2022, Liebherr, a manufacturer of construction equipment, including mobile and crawler cranes and Thiess, an international mining services company collaborated to deliver five of the eleven T 264 mining trucks to the Encuentro copper mine in northern Chile, enhancing Liebherr's presence in the Americas
• In August 2021, Tadano Group, a leading manufacturer of construction equipment, including cranes and aerial work platforms launched the GTC-1600, a 160-tonne tele-boom crawler crane, designed to fill the market gap for telescopic boom crawlers with capacities above 160 tons and capable of lifting loads over 200 feet