China Truck Mounted Cranes Market

China Truck Mounted Cranes Market Size Insights Forecasts to 2035

• The China Truck Mounted Cranes Market Size Was Estimated at USD 2,203.56 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.84% from 2025 to 2035
• The China Truck Mounted Cranes Market Size is Expected to Reach USD 4,564.23 Million by 2035

According to a Research Report Published by Decisions Advisors & Consulting, The China Truck Mounted Cranes Market Size is anticipated to Reach USD 4,564.23 Million by 2035, Growing at a CAGR of 6.84% from 2025 to 2035. The primary drivers of the market are rapid infrastructure development, urbanization, construction demand, industrial expansion, and technological integration, such as AI and automation.

Market Overview

Truck mounted cranes in China refer to adaptable devices for lifting that are integrated with a truck chassis and are intended for handling heavy material. They can handle capacities of up to 45 tons and are versatile for both on-site deployment and transportation. It is utilized in a variety of fields such as construction, shipbuilding, manufacturing, and material loading. Additionally, the truck mounted crane market has been significantly shaped by technology breakthroughs. Manufacturers have been focusing on innovation to improve the efficiency, performance, and safety of the cranes by integrating features like remote monitoring, telematics, and automation has enhanced the operational capabilities of the truck mounted cranes this making them more productive and user-friendly. Additionally, these cranes are installed on cargo trucks they can legally travel at the speed of standard cargo vehicles. This flexibility reduces driver fatigue during long trips and reduces overall transportation costs, enhancing their practicality and efficiency. The application spectrum for these cranes is broadening beyond the traditional construction and logistics sector. Notably energy sector, such as wind turbine installation and maintenance, is driving the market growth. Further diversifying their application base. The industry is ready for creative thinking driven by industry-specific customization, automation, and improved safety features as sectors adopt more advanced and specialized crane models. This will probably encourage further adoption across a variety of industries.

XCMG Group (Xuzhou Construction Machinery Group Co., Ltd.) A prominent leader and the world's third-largest construction machinery manufacturer, XCMG is committed to innovation and has a vast sales network spanning over 183 countries.

Report Coverage

This research report categorises the market for the China truck mounted cranes market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the China truck mounted cranes market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the China truck mounted cranes market.

Driving Factors

The China truck-mounted cranes market is being driven by growing urbanization, considerable infrastructure development, and rising demand from the construction sector, which remains the largest customer. Government-funded projects in roads, high-speed rail, residential/commercial buildings, and utilities generate significant investment, establishing China as the Asia-Pacific's largest crane market with significant public and private investment. Furthermore, industrial expansion, manufacturing growth, and the adoption of new technology such as intelligent controls and fuel-efficient models all contribute to market momentum in the following years of the pandemic, as do export potential through the Belt and Road Program. ?

Restraining Factors

The China truck mounted cranes market faces key restraints such as intense competition among domestic manufacturers pressures pricing and margins. Rapid technological evolution demands constant innovation, raising R&D costs, Strict emission regulations like EU Stage V equivalents, increasing production costs, Shortage of skilled operators and technicians hampers deployment.

Market Segmentation

The China truck mounted cranes market share is classified into type and application.

• The mounted cranes segment held a substantial share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

The China truck mounted cranes market is divided by type into mounted cranes, sidelift cranes, boom truck cranes, and others. Among these, the mounted cranes segment held a substantial share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment is driven by their special blend of efficiency, strength, and adaptability. They are ideal for a variety of uses, including industrial operations, utilities, and construction, due to their adaptability. Stiff boom designs ensure dependability in harsh conditions by offering the durability needed for heavy duty lifting tasks. Performance and operational efficiency are further improved by the extensive use of advanced hydraulic systems, which account for approximately fifty percent of the market.

• The construction segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR over the forecast period.

The China truck mounted cranes market is segmented by application into construction, utilities, industries, and others. Among these, the construction segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR over the forecast period. This is the leading application segment where Massive real estate projects, smart city developments, bridges, highways, and other infrastructure projects are the main drivers of this leadership. Truck mounted cranes play an important role in these situations, providing efficient lifting solutions for big goods and guaranteeing smooth operations across a variety of construction sites.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within China truck mounted cranes market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• XCMG Group (Xuzhou Construction Machinery Group Co., Ltd.)
• Zoomlion Heavy Industry Science & Technology Co., Ltd.
• Sany Group Co., Ltd.
• Xuzhou BOB-LIFT Construction Machinery Co., Ltd.
• Fujian South Highway Machinery Co., Ltd. (NFLG)
• Shandong Huaxia Group Co., Ltd.
• LiuGong Machinery Co., Ltd.
• Yutong Heavy Industries Co., Ltd.
• Others

Recent Developments:

• In November 2024, Sunhunk showcased its new-generation truck-mounted cranes at Bauma China 2024, equipped with advanced hydraulics such as Walvoil’s DPX100 valve, and explicitly targeted European and North American markets. This marks a strategic push toward global competitiveness.
• In July 2023, JCM (Jiangsu Construction Machinery) announced a partnership with a leading technology firm to integrate IoT solutions into their crane systems, aimed at improving operational reliability, predictive maintenance, and real-time monitoring. Strengthens JCM’s role in the China truck-mounted cranes market, competing with leaders like XCMG, Zoomlion, and Sany, who are also investing in smart technologies.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at China, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the China truck mounted cranes market based on the below-mentioned segments:

China Truck Mounted Cranes Market, By Type

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

China Truck Mounted Cranes Market, By Application

• Construction
• Utilities
• Industries
• Others

FAQ

Q: What is the current and forecasted size of the China truck mounted cranes market?

A: The market was valued at approximately USD 2,203.56 million in 2024 and is projected to grow at a CAGR of 6.84%, reaching around USD 4,564.23 million by 2035.

Q: What are the primary types in the China truck mounted cranes market?

A: The primary types are mounted cranes, sidelift cranes, boom truck cranes, and others. Among these, the mounted cranes segment held a substantial share in 2024. They are ideal for a variety of uses, including industrial operations, utilities, and construction, due to their adaptability.

Q: What are the main application forms in the market?

A: The main application forms are construction, utilities, industries, and others. Among these, the construction segment dominated the market in 2024. This is the leading application segment where Massive real estate projects, smart city developments, bridges, highways, and other infrastructure projects are the main drivers of this leadership.

Q: What are the key driving factors for market growth?

A: Growth is driven by rapid infrastructure development, urbanization, construction demand, industrial expansion, and technological integration, such as AI and automation.

Q: What challenges does the market face?

A: Challenges include intense competition among domestic manufacturers pressures pricing and margins. Rapid technological evolution demands constant innovation, raising R&D costs, Strict emission regulations like EU Stage V equivalents, increasing production costs, Shortage of skilled operators and technicians hampers deployment.

Q: Who are some key players in the market?

A: Key companies include XCMG Group (Xuzhou Construction Machinery Group Co., Ltd.), Zoomlion Heavy Industry Science & Technology Co., Ltd., Sany Group Co., Ltd., Xuzhou BOB-LIFT Construction Machinery Co., Ltd., Fujian South Highway Machinery Co., Ltd. (NFLG), Shandong Huaxia Group Co., Ltd., LiuGong Machinery Co., Ltd., Yutong Heavy Industries Co., Ltd., and Others.