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    India Truck Mounted Cranes Market

    ID: MRFR/PNT/55437-HCR
    111 Pages
    Snehal Singh
    September 2025

    India Truck Mounted Cranes Market Research Report: By Type (Mounted Cranes, Sidelift Cranes, Boom Truck Cranes, Others) and By Application (Construction, Utilities, Industries, Others) - Forecast to 2035.

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    India Truck Mounted Cranes Market Summary

    The India Truck Mounted Cranes market is poised for substantial growth, projected to reach 3.5 USD Billion by 2035.

    Key Market Trends & Highlights

    India Truck Mounted Cranes Key Trends and Highlights

    • The market valuation is anticipated to grow from 1.58 USD Billion in 2024 to 3.5 USD Billion by 2035.
    • A compound annual growth rate (CAGR) of 7.5 percent is expected from 2025 to 2035.
    • The increasing demand for efficient lifting solutions in construction and infrastructure projects is driving market expansion.
    • Growing adoption of advanced lifting technologies due to rising urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.58 (USD Billion)
    2035 Market Size 3.5 (USD Billion)
    CAGR (2025-2035) 7.5%

    Major Players

    Sany, Kato, Nilkamal, Liebherr, LNT Construction, Manitowoc, Terex, Kyndryl, JMG Cranes, Zoomlion, XCMG, Tadano, Kobelco, Ashok Leyland

    India Truck Mounted Cranes Market Trends

    The landscape of the India Truck Mounted Cranes Market is being influenced by a number of critical trends. The accelerated expansion of the infrastructure and construction sectors in India is a substantial market driver. The government's initiatives, including "Make in India" and significant investments in public infrastructure projects, are creating an environment in which truck-mounted cranes are in increasingly high demand. Additionally, the market for these cranes is being further stimulated by the increasing demand for efficient logistics and material handling, as well as the growing urbanization.

    Opportunities are increasing in the market as a result of the recognition of the benefits of truck-mounted cranes by a variety of sectors, such as construction, transportation, and logistics. The adoption of advanced models that offer enhanced reach and lifting capabilities is being driven by the desire of companies to improve operational efficiency. The selection of specialized cranes to support these initiatives is also a substantial opportunity, given the emphasis on renewable energy projects, including solar and wind energy installations. The trend of integrating technology into truck-mounted cranes has recently acquired momentum.

    Remote operation, GPS tracking, and sophisticated safety protocols are increasingly prevalent. This technological integration not only enhances operating efficiency but also improves safety standards, thereby appealing to a broader range of customers.Furthermore, there is an increasing emphasis on fuel-efficient and environmentally favorable models in the marketplace. Manufacturers are emphasizing the development of cranes that minimize carbon footprints while maintaining functionality in response to the increasing stringency of environmental regulations. The truck mounted cranes market in India is characterized by a dynamic and evolving nature, which is influenced by a variety of factors.

    Market Segment Insights

    Truck Mounted Cranes Market Type Insights

    The India Truck Mounted Cranes Market is characterized by diverse types, each of which plays a pivotal role in the construction, logistics, and engineering sectors across the region. The Mounted Cranes segment has gained recognition due to their compact design and versatility, making them particularly useful in urban settings where space constraints are a concern. These cranes are essential for lifting heavy materials, enabling projects to advance more efficiently without excessive heavy machinery.

    Sidelift Cranes, on the other hand, stand out for their ability to transport and manipulate containers, which is vital for the booming freight industry in India, especially with the expansion of ports and transportation networks. The significance of Boom Truck Cranes lies in their adaptability and capacity to perform both lifting and transportation tasks, which is increasingly in demand as infrastructure projects grow. Their ability to operate in various sectors, including construction and oil and gas, enhances their demand in the market.

    Get more detailed insights about India Truck Mounted Cranes Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The India Truck Mounted Cranes Market is characterized by rapid growth and increasing competition among key players. As the construction, infrastructure, and logistics sectors expand in India, the demand for truck mounted cranes is experiencing significant upward trends. This sector is becoming increasingly vital for lifting operations in urban development projects, making the competitive landscape quite dynamic. Various companies are investing in technology, product differentiation, and establishing strong distribution networks to capture a significant share of the market.

    The influx of advanced machinery and innovative solutions in the Indian market is compelling manufacturers to enhance their offerings and boost customer satisfaction while adhering to safety standards and regulations governing crane operations. Understanding the competitive insights in this market involves a keen analysis of market trends, regional demand, and the unique positioning of leading firms.Sany has established itself as a prominent player in the India Truck Mounted Cranes Market, capitalizing on its comprehensive range of products tailored to diverse customer needs.

    Sany's strength lies in its advanced engineering capabilities, combining innovation with sustainability to create cranes that meet the rigorous demands of Indian projects. The company's robust distribution and service network across India enhances its market presence, ensuring timely support and maintenance for customers. Furthermore, Sany’s commitment to quality and reliability has earned it a strong reputation among contractors and infrastructure developers.

    The firm's focus on R&D and strategic collaborations has also enabled it to adapt quickly to local market demands, providing effective solutions that resonate well with its clientele.Kato is another key player in the India Truck Mounted Cranes Market, known for its efficiency and reliability in lifting solutions. With a solid presence in the region, Kato offers a wide range of truck-mounted cranes designed for heavy-duty applications. The company is recognized for its exceptional engineering, which results in robust and user-friendly equipment for Indian conditions. Kato's strengths include high-performance machinery that is often leveraged in construction and industrial applications.

    Moreover, the company's strategic focus on customer service, along with a diligent approach toward mergers and acquisitions, has allowed it to strengthen its foothold in the Indian market. Kato continually examines regional industry trends to enhance its offerings, ensuring that it provides the latest technology and services to meet the growing demands of Indian infrastructure development.

    Key Companies in the India Truck Mounted Cranes Market market include

    Industry Developments

    The India Truck Mounted Cranes Market has witnessed notable developments recently, particularly with key players such as Sany, Kato, and Liebherr actively investing in expanding their product offerings. August 2023 saw Ashok Leyland enhance its manufacturing capabilities, focusing on the production of eco-friendly trucks, which could potentially influence the truck-mounted crane segment. In terms of mergers and acquisitions, March 2023 marked the acquisition of a significant stake in JMG Cranes by a strategic investor aiming to bolster market presence.

    Over the past few years, the market has shown steady growth, with the valuation of Manitowoc and Terex reflecting an upward trend due to increased demand for construction and infrastructure projects initiated by the Indian government. The expansion of urbanization and investment in infrastructure, highlighted in various government initiatives since 2021, has provided additional momentum for companies like Zoomlion and XCMG. Furthermore, FDI policies in the construction machinery sector have attracted foreign investment, leading to joint ventures that enhance technological advancements in truck-mounted cranes.

    The increasing focus on safety and efficiency in construction work is also driving innovations within this market.

    Market Segmentation

    Outlook

    • Construction
    • Utilities
    • Industries
    • Others

    Truck Mounted Cranes Market Type Outlook

    • Mounted Cranes
    • Sidelift Cranes
    • Boom Truck Cranes
    • Others

    Truck Mounted Cranes Market Application Outlook

    • Construction
    • Utilities
    • Industries
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 1.5(USD Billion)
    MARKET SIZE 2024 1.58(USD Billion)
    MARKET SIZE 2035 3.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.539% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Sany, Kato, Nilkamal, Liebherr, LNT Construction, Manitowoc, Terex, Kyndryl, JMG Cranes, Zoomlion, XCMG, Tadano, Kobelco, Ashok Leyland
    SEGMENTS COVERED Type, Application
    KEY MARKET OPPORTUNITIES Rising construction activities, Infrastructure development initiatives, Government support for transportation, Adoption of advanced technologies, Growing demand for multi-functional equipment
    KEY MARKET DYNAMICS growing construction industry, increasing infrastructure spending, demand for efficient lifting solutions, government regulations on safety, technological advancements in cranes
    COUNTRIES COVERED India

    FAQs

    What is the current market size of the India Truck Mounted Cranes Market in 2024?

    The India Truck Mounted Cranes Market is expected to be valued at 1.58 USD Billion in 2024.

    What is the projected market size of the India Truck Mounted Cranes Market by 2035?

    By 2035, the India Truck Mounted Cranes Market is projected to reach 3.5 USD Billion.

    What is the expected CAGR for the India Truck Mounted Cranes Market from 2025 to 2035?

    The expected CAGR for the India Truck Mounted Cranes Market from 2025 to 2035 is 7.539%.

    Which segment is expected to dominate the India Truck Mounted Cranes Market in 2024?

    Mounted Cranes are valued at 0.54 USD Billion in 2024, making them a dominant segment in the market.

    What is the market size of Sidelift Cranes in 2024?

    In 2024, Sidelift Cranes are valued at 0.42 USD Billion in the India Truck Mounted Cranes Market.

    Who are the key players in the India Truck Mounted Cranes Market?

    Major players in the market include Sany, Kato, Nilkamal, Liebherr, and Manitowoc among others.

    What is the projected market size of Boom Truck Cranes by 2035?

    Boom Truck Cranes are projected to reach a market size of 0.75 USD Billion by 2035.

    What challenges might the India Truck Mounted Cranes Market face in the upcoming years?

    The market could face challenges from competition, supply chain disruptions, and fluctuating demand.

    What growth drivers are contributing to the India Truck Mounted Cranes Market?

    Key growth drivers include increasing infrastructure development and urbanization across India.

    How is the market expected to evolve in terms of application?

    The applications for truck mounted cranes are expected to expand due to ongoing urban development projects.

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