Global Truck Mounted Crane Market 2023-2030

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     When a truck has a crane to load and unload cargo from its deck, it is referred to as a truck-mounted crane or a truck loader crane. The crane is typically located at the back of the truck or just behind the cab. In honor of the original maker, it’s frequently referred to as a Hiab.


    Unlike a mobile crane, which only transports the tools needed to rig and lift cargo, this vehicle may carry a variety of objects. An top section and a lower section make up the truck-mounted crane. In the lower part, which resembles a semi-truck, there is a cosy cab with an operator control. A secondary operating booth is an optional addition to the upper part, along with the crane itself.


    Depending on the necessary use, truck-mounted cranes with different vehicle sizes and crane heights are available. Heavy load loading and unloading is taken care of using truck-mounted cranes. In order to construct such a crane, stability is the main issue that must be taken into account.


    For loading and unloading to be done safely, the bottom part must be able to support the weight of the load. Driving this vehicle on highways will be convenient for the driver, exactly as driving other trucks. 


    Other major advantages of using the truck-mounted crane are decreased operation costs, a smaller labor force required, and shorter prep times. Less room requirement is the most significant benefit, though. When not in use, the crane, an arm with several joints that is hydraulically propelled, can be folded up neatly.


    The majority of the time, truck-mounted cranes are used to move huge objects like heavy machinery, movable cabins, steel containers, specialized vehicles (such boats, yachts, and motor cruisers), and more. The truck-mounted crane must be inspected before each operation in order to assure safety.



    Infographic: Truck Mounted Crane Market, Truck Mounted Crane Market Size, Truck Mounted Crane Market Trends, Truck Mounted Crane Market Forecast, Truck Mounted Crane Market Risks, Truck Mounted Crane Market Report, Truck Mounted Crane Market Share

    The Global truck mounted crane market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.



    Manitex International, Inc., a major international supplier of truck cranes, specialized industrial equipment, and solutions for the rental of construction equipment to the infrastructure and construction markets,  announced the launch of the brand-new TC850 Series truck-mounted crane in conjunction with the start of CONEXPO-Las Vegas.


    The TC85159 will have an 85-ton base rating at a 10-foot radius and a 5-Section, 159-foot, full-power, proportionally extended boom with 168- and 228-foot tip heights, depending on whether a 2-piece, 30-60-foot Bi-fold offset lattice jib is included as an option.


    Steel erectors and other high duty cycle applications where manufacturing work is important will find the new formed boom design to be appealing since it will offer outstanding relative stiffness in long reach applications.


    Without a fifth or front outrigger, the TC85159 will provide a 360-degree field of operation. In restricted places and on uneven terrain, the operator will benefit from quick setup thanks to non-equal outrigger location and greater ground penetration. Manitex is happy to introduce an 85-ton high reach truck-mounted crane with an entirely new outrigger design that does not require a front jack.


    They are convinced that the new TC850’s capabilities will be well appreciated by the crane industry, and they are happy to announce that orders for the TC850 have been placed by Houston, Texas-based CraneWorks, Inc. With the assistance of Manitex International for design and production, CraneWorks is happy to contribute to the support of the crane industry by putting new, creative concepts on show.


    A new crane from Manitex has been created with characteristics that the crane industry and its customers have been waiting for. With the help of the additional features, their clients will be able to fulfil their rigorous requirements in terms of capacity, reach, and road speeds. Southern Lifting and Hoisting, a steadfast customer of CraneWorks, and they both find the new TC850 on exhibit at ConExpo to be ideal.


    In order to develop new, greater capacity cranes that are suitable for a wide range of market applications and that provide the general advantages of crane solutions combined with a commercial chassis above the conventional truck-mounted crane, Manitex continues to listen to its dealers and end-users.


    Three truck loader crane lines—HRS, HS, and MH—are available for the global market under TADANO’s new TM-ZX1200 series. The combined outrigger width of all three is 5.5 metres, which is greater than the 3.9 metres and 5.2 metres of standard 8 tonne cargo cranes.


    Largest in its class, the crane’s maximum capacity is 22 tm. Comparing current models in the same class to older versions, the broad outriggers and higher capacity both significantly enhance lifting performance. For greater operator view and control, the HRS and HAS lines have AML with Safety Eyes.


    In the HRS specification, a color LCD radio controller that shows the lifted load is added, enabling modification of the operating position even when vision would normally be poor in the conventional operation.MH supports customers’ work with a high level of dependability and is outfitted with necessary and appropriate features like hook-in and an anti-two-block device.


    The 12t maximum lifting capability is a completely new range for a TADANO truck loader crane. The current TM-ZX1000 and TM-ZX1500 series units, which have capacities of 10t/15tm and 15t/30tm, respectively, can now be bridged. A larger variety of foreign consumers have even more options thanks to the TM-ZX1200 series.



    1. How many truck mounted cranes are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global truck mounted crane and key vendor selection criteria
    3. Where is the truck mounted crane manufactured? What is the average margin per unit?
    4. Market share of Global truck mounted crane market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global truck mounted crane in-house
    6. key predictions for next 5 years in Global truck mounted crane market
    7. Average B-2-B truck mounted crane market price in all segments
    8. Latest trends in truck mounted crane market, by every market segment
    9. The market size (both volume and value) of the truck mounted crane market in 2023-2030 and every year in between?
    10. Production breakup of truck mounted crane market, by suppliers and their OEM relationship


    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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