WHEELED CRANE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Wheeled Crane Market, By Product Type (Truck Cranes, All Terrain Cranes, Rough Terrain Cranes, Loader Cranes, Others (Sidelifter, Rail Mounted, etc.)), By Lifting Capacity (Less than 150 Tons, 150-300 Tons, Greater than 300 Tons), By End Use Industry (Construction, Utilities, Industries, Others), By Propulsion (Engine Powered, Electric Powered, Hybrid Powered), By Design (Compact Wheeled Cranes, Standard Wheeled Cranes), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Global Wheeled Crane Market- Recent Developments

New Product Launches

In January 2022, Tadano manufacturer of cranes and aerial work platforms, launched the GR-550EX, its largest rough-terrain crane. The 550-ton capacity model expanded Tadano's rough-terrain portfolio.
In March 2022, Terex Cranes manufacturer of lifting and material-handling equipment, launched the TCX58, an 80-ton capacity truck crane. It features lower fuel consumption and reduced emissions.
In June 2021, Liebherr equipment manufacturer, launched the LTM 1110-5.3, an 110-ton rough-terrain crane. It offers increased lifting capacities and is suitable for a range of applications.

Acquisition and Partnerships

In January 2021, Tadano manufacturer of cranes and aerial work platforms, completed the acquisition of Demag Mobile Cranes business from Terex Corporation. The acquisition expanded its product portfolio and geographic reach.
In October 2020, Manitowoc partnered with H&E Equipment Services to provide aftermarket parts and services support in North America. The partnership strengthened Manitowoc's customer support infrastructure.