Europe Crane Market Size & Outlook, 2026-2033
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Europe crane market highlights
- The Europe crane market generated a revenue of USD 9,002.2 million in 2025.
- The market is expected to grow at a CAGR of 5.3% from 2026 to 2033.
- In terms of segment, mobile was the largest revenue generating product in 2025.
- Mobile is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 9,002.2 million |
| Market revenue in 2033 | USD 13,415.1 million |
| Growth rate | 5.3% (CAGR from 2026 to 2033) |
| Largest segment | Mobile |
| Fastest growing segment | Mobile |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed, Mobile |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.4% of the global crane market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,129.0 million by 2033.
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Crane Market Scope
Crane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tadano | View profile | 1001-5000 | Takamatsu, Kagawa, Japan, Asia | https://www.tadano.com/ |
| Street Crane | View profile | 251-500 | High Peak, Derbyshire, United Kingdom, Europe | https://streetcrane.co.uk |
| Kito | View profile | 11-50 | Istanbul, Istanbul, Turkey, Europe | https://kito.pet/en |
| Gorbel | View profile | 501-1000 | Fishers, New York, United States, North America | https://www.gorbel.com/ |
| Certex USA | View profile | 51-100 | Phoenix, Arizona, United States, North America | https://www.certex.com |
| Palfinger | View profile | 10001+ | Bergheim, Salzburg, Austria, Europe | https://www.palfinger.com |
| The Manitowoc Company | View profile | 10001+ | Manitowoc, Wisconsin, United States, North America | http://www.manitowoc.com/ |
| Demag Cranes & Components | View profile | 501-1000 | Wetter, Hessen, Germany, Europe | https://www.demagcranes.com/en |
| Konecranes Oyj | View profile | 16553 | Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 | https://www.konecranes.com |
| Sany Group | View profile | 10001+ | Changshan, Hunan, China, Asia | https://www.sanyglobal.com |
| XCMG | View profile | 11-50 | Santiago, Region Metropolitana, Chile, South America | https://xcmg.cl |
| Zoomlion Heavy Industry Science and Technology Co Ltd ADR | View profile | 30563 | No. 361, Yinpen South Road, Hunan Province, Changsha, China, People's Republic of, 410013 | https://en.zoomlion.com |
| Cargotec Oyj ADR | View profile | 11266 | Porkkalankatu 5, Helsinki, Finland, 00180 | https://www.cargotec.com |
| Terex Corp | View profile | 10200 | 45 Glover Avenue, 4th Floor, Norwalk, CT, United States, 06850 | https://www.terex.com |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| Hitachi Construction Machinery Co Ltd | View profile | 27697 | 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, Japan, 110-0015 | https://www.hitachicm.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Europe crane market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crane market will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 82.64% in 2025. Horizon Databook has segmented the Europe crane market based on fixed, mobile covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of crane market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe crane market , including forecasts for subscribers. This continent databook contains high-level insights into Europe crane market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Europe crane market size, by country, 2021-2033 (US$M)
Europe Crane Market Outlook Share, 2025 & 2033 (US$M)
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