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- Regional Insights

North America is expected to be the second largest market for wheeled crane during the forecast period, accounting for over 30.2% of the market share in 2023. The growth of the market in North America is attributed to extensive construction activities and investments in the oil & gas sector.
Asia Pacific is expected to be the largest market for wheeled crane, accounting for over 38% of the market share in 2023. The growth of the market is attributed to rapid urbanization and growth in construction and infrastructure projects.
Europe is expected to be the fastest-growing market for wheeled crane, with a CAGR of over 19.5% during the forecast period. The growth of the market in Europe is attributed to increasing spending on renewable energy projects and public infrastructure.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East