タワークレーンレンタル市場 – 2030年までの世界予測

Tower Crane Rental Market - Global Forecast to 2030

タワークレーンレンタル市場 - 容量 [低(5~20トン)、低~中(20~100トン)、重(100~500トン)、超重(5​​00トン超)]、最終用途産業(建築・建設、インフラ、エネルギー・電力)、および地域別 - 2030年までの世界予測
Tower Crane Rental Market by Capacity (Low (5–20 tons), Low to Medium (20–100 tons), Heavy (100–500 tons), Extreme Heavy (>500 tons)), End-use industry (Building & Construction, Infrastructure, Energy & Power), and Region - Global Forecast to 2030

商品番号 : SMB-80909

出版社MarketsandMarkets
出版年月2025年6月
ページ数226
図表数228
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査レポートは、タワークレーンレンタル市場を、容量(低(5~20トン)、低~中(20~100トン)、重(100~500トン)、超重(5​​00トン超))、最終用途産業(建築・建設、インフラ、エネルギー・電力、海洋・オフショア、その他の最終用途産業)、および地域(アジア太平洋、北米、欧州、南米、中東・アフリカ)に基づいて分類しています。レポートの対象範囲は、タワークレーンレンタル市場の成長に影響を与える推進要因、制約、課題、機会に関する詳細な情報です。主要業界プレーヤーの詳細な分析により、タワークレーンレンタル市場に関連する事業概要、提供製品、およびパートナーシップ、契約、製品発売、拡張、買収などの主要戦略に関する洞察が提供されています。本レポートは、タワークレーンレンタル市場のエコシステムにおける新興企業の競合分析を網羅しています

本レポートは、市場リーダーおよび新規参入企業に対し、タワークレーンレンタル市場全体および各サブセグメントの収益数値に関する近似値を提供します。本レポートは、ステークホルダーが競争環境を理解し、事業のポジショニングを改善するための洞察を深め、適切な市場開拓戦略を策定するのに役立ちます。また、ステークホルダーが市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのに役立ちます。

The tower crane rental market is expected to reach USD 22.1 billion by 2030 from USD 17.1 billion in 2025, at a CAGR of 5.2% during the forecast period.

タワークレーンレンタル市場は、予測期間中に5.2%のCAGRで成長し、2025年の171億米ドルから2030年には221億米ドルに達すると予想されています。

タワークレーンレンタル市場 - 2030年までの世界予測
tower-crane-rental-market-Overview

The tower crane rental market is experiencing significant growth, driven by an uptick in construction activity across infrastructure, commercial, and residential sectors. Renting tower cranes offers flexibility, cost-effectiveness, and access to advanced equipment without the financial burden of ownership, making it an appealing option for developers and contractors. Demand for tower crane rentals is particularly robust in emerging economies that are heavily investing in urban development, essential transportation systems, and renewable energy infrastructure. The increasing scale and complexity of construction projects are necessitating the use of high-capacity and specialized cranes, thereby further accelerating rental demand. Additionally, advancements in technology, enhanced safety features, and the capability for remote operation are increasing the appeal of rental options. The market is particularly vibrant in the Asia Pacific region, fueled by ongoing urbanization, government-led infrastructure investments, and a growing need for rental solutions that align with project-specific requirements and sustainability goals.

“Low (5–10 tons) to be the second-largest capacity segment”

The low-capacity segment (5–10 tons) is projected to be the second largest within the tower crane rental industry. This segment achieves a balance between lifting capacity and operational flexibility, making it ideally suited for mid-rise buildings, commercial complexes, and infrastructure projects that do not require heavy lifting. The increasing trend of vertical expansion in urban areas and a surge in small to mid-sized infrastructure initiatives drive demand for this category. Furthermore, rental solutions offer contractors a cost-effective means of accessing reliable equipment without the burden of long-term ownership. The growth potential in this segment is particularly pronounced in developing economies, where construction companies, often sensitive to costs, are seeking efficient and effective lifting solutions.

“Infrastructure segment accounted for the second-largest share in 2024”

Infrastructure represents the second-largest end-use sector within the tower crane rental market. Key drivers of growth include the rising demand for tower cranes in major infrastructure projects, such as roads, bridges, airports, and railways. These cranes are specifically engineered to optimize lifting capacity, reach, and operational flexibility, making them indispensable for hoisting heavy materials on complex construction sites.

Furthermore, the rental market is experiencing an upward trend, fueled by increased capital investments from government entities in public infrastructure, particularly in emerging economies, alongside broader global urbanization trends. The preference for asset rental over ownership offers significant advantages, including enhanced flexibility and cost efficiency. Additionally, renting a tower crane ensures predictable delivery timelines and costs, aligning with the financial and scheduling demands of construction projects.

タワークレーンレンタル市場 - 2030年までの世界予測  region
tower-crane-rental-market-Region

“North America to be second-largest market during review period”

North America is anticipated to remain the second-largest global tower crane rental market. The region’s construction activity, predominantly fueled by commercial real estate developments, infrastructure renewal, and residential projects, is driving substantial demand for rental cranes. Additionally, large-scale urban redevelopment initiatives, highway upgrades, and renewable energy projects are further propelling market growth.

The trend toward renting heavy equipment instead of ownership is gaining traction due to its cost-effectiveness, reduced maintenance responsibilities, and adaptability to project-specific needs. Moreover, the presence of well-established rental firms, enhanced safety regulations, and the integration of technologically advanced crane systems significantly bolster North America’s competitive positioning in the market.

  • By Company Type: Tier 1: 25%, Tier 2: 42%, and Tier 3: 33%
  • By Designation: C-level Executives: 20%, Directors: 30%, and Other Designations: 50%
  • By Region: North America: 20%, Europe: 10%, Asia Pacific: 40%, South America: 10%, and Middle East & Africa 20%

Notes: Other designations include sales, marketing, and product managers.

Tier 1: >USD 1 Billion; Tier 2: USD 500 million–1 Billion; and Tier 3: <USD 500 million

Companies Covered: Liebherr AG (Germany), Bigge Crane and Rigging Co. (US), ACE Construction Equipment Ltd. (India), Leavitt Cranes (Canada), Wasel GmbH (Germany), Falcon Tower Crane Services Ltd. (UK), Rapicon Inc. (Canada), NFT Group (UAE), Skycrane (Canada), and Maxim Crane Works (US).

タワークレーンレンタル市場 - 2030年までの世界予測 ecosystem
tower-crane-rental-market-Ecosystem

The study includes an in-depth competitive analysis of these key players in the tower crane rental market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the tower crane rental market based on capacity (low (5–20 tons), low to medium (20–100 tons), heavy (100–500 tons), and extreme heavy (>500 tons)), end-use industry (building & construction, infrastructure, energy & power, marine & offshore, and other end-use industries), and region (Asia Pacific, North America, Europe, South America, and Middle East & Africa). The report’s scope covers detailed information regarding the drivers, restraints, challenges, and opportunities influencing the growth of the tower crane rental market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products offered, and key strategies, such as partnerships, agreements, product launches, expansions, and acquisitions, associated with the tower crane rental market. This report covers a competitive analysis of upcoming startups in the tower crane rental market ecosystem. Reasons to Buy Report

The report will offer the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall tower crane rental market and the subsegments. This report will help stakeholders understand the competitive landscape, gain more insights into positioning their businesses better, and plan suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following points:

  • Analysis of key drivers (Growth in construction and infrastructure projects and Rising emphasis on smart city developments), restraints (Preference for old cranes by tower crane rental companies, Price wars, reduced profit margins, and financial constraints for new entrants), opportunities (Increasing requirement for installation and maintenance of wind turbines and Technological advancements and digitalization of equipment), and challenges (High maintenance and operating costs and Lack of skilled labor force and maintenance & repair-related issues).
  • Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the tower crane rental market.
  • Market Development: Comprehensive information about profitable markets – the report analyzes the tower crane rental market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the tower crane rental market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Liebherr AG (Germany), Bigge Crane and Rigging Co. (US), ACE Construction Equipment Ltd. (India), Leavitt Cranes (Canada), Wasel GmbH (Germany), Falcon Tower Crane Services Ltd. (UK), Rapicon Inc. (Canada), NFT Group (UAE), Skycrane (Canada), and Maxim Crane Works (US).

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      26

1.3.4        CURRENCY CONSIDERED            27

1.3.5        UNITS CONSIDERED      27

1.4           LIMITATIONS    27

1.5           STAKEHOLDERS               27

2               RESEARCH METHODOLOGY       28

2.1           RESEARCH DATA              28

2.1.1        SECONDARY DATA          29

2.1.1.1    Key data from secondary sources       29

2.1.2        PRIMARY DATA 29

2.1.2.1    Key data from primary sources           30

2.1.2.2    Key industry insights           30

2.2           MARKET SIZE ESTIMATION         31

2.3           BASE NUMBER CALCULATION   33

2.3.1        DEMAND-SIDE APPROACH          33

2.3.2        SUPPLY-SIDE APPROACH             33

2.4           MARKET FORECAST       34

2.4.1        SUPPLY SIDE     34

2.4.2        DEMAND SIDE  34

2.5           DATA TRIANGULATION                34

2.6           FACTOR ANALYSIS          35

2.7           RESEARCH ASSUMPTIONS           36

2.8           RESEARCH LIMITATIONS             36

2.9           RISK ASSESSMENT           37

3               EXECUTIVE SUMMARY  38

4               PREMIUM INSIGHTS       42

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TOWER CRANE RENTAL MARKET              42

4.2           TOWER CRANE RENTAL MARKET, BY CAPACITY                 42

4.3           TOWER CRANE RENTAL MARKET, BY PRODUCT TYPE                 43

4.4           TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY           43

4.5           ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY CAPACITY AND COUNTRY           44

4.6           TOWER CRANE RENTAL MARKET, BY KEY COUNTRY                 44

5               MARKET OVERVIEW       45

5.1           INTRODUCTION              45

5.2           MARKET DYNAMICS       45

5.2.1        DRIVERS               46

5.2.1.1    Growth in construction and infrastructure projects        46

5.2.1.2    Increasing emphasis on smart city developments            47

5.2.2        RESTRAINTS      48

5.2.2.1    Preference for old cranes by tower crane rental companies                 48

5.2.2.2    Price wars, reduced profit margins, and financial constraints for

new entrants          48

5.2.3        OPPORTUNITIES              49

5.2.3.1    Increasing requirements for installation and maintenance of

wind turbines        49

5.2.3.2    Technological advancements and digitalization of equipment                 50

5.2.4        CHALLENGES    51

5.2.4.1    High maintenance and operating costs             51

5.2.4.2    Lack of skilled labor and maintenance and repair-related issues                 51

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            51

5.4           ECOSYSTEM ANALYSIS  52

5.5           VALUE CHAIN ANALYSIS               54

5.6           TARIFF AND REGULATORY LANDSCAPE               56

5.6.1        TARIFF ANALYSIS (HS CODE 842620)        56

5.6.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             57

5.6.3        KEY REGULATIONS         62

5.6.3.1    GB/T 5031-2019  62

5.6.3.2    EN 14439:2006     62

5.6.3.3    ASME B30.3          62

5.7           PRICING ANALYSIS          63

5.7.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE

INDUSTRY, 2024                 63

5.7.2        AVERAGE SELLING PRICE TREND, BY REGION, 2023–2030                 64

5.8           TRADE ANALYSIS             65

5.8.1        EXPORT SCENARIO (HS CODE 842620)    65

5.8.2        IMPORT SCENARIO (HS CODE 842620)    66

5.9           TECHNOLOGY ANALYSIS             67

5.9.1        KEY TECHNOLOGIES     67

5.9.1.1    LiDAR technology transforming tower crane anticollision systems  67

5.9.1.2    Active BIM for optimal tower crane positioning              67

5.9.2        COMPLEMENTARY TECHNOLOGIES       67

5.9.2.1    Remote crane monitoring systems    67

5.9.3        ADJACENT TECHNOLOGIES       68

5.9.3.1    Variable Frequency Drives (VFDs)  68

5.10         IMPACT OF GEN AI/AI ON TOWER CRANE RENTAL MARKET               68

5.10.1      INTRODUCTION              68

5.10.2      IMPACT OF GEN AI ON TOWER CRANE RENTAL MARKET                 68

5.11         PATENT ANALYSIS          70

5.11.1      INTRODUCTION              70

5.12         CASE STUDY ANALYSIS 74

5.12.1      CUSTOMIZED COMANSA TOWER CRANE DELIVERS RELIABLE HEAVY

LIFTING FOR AIBEL’S OFFSHORE PLATFORM PROJECT 74

5.12.2      INDIA’S HISTORIC ANJI KHAD CABLE-STAYED RAILWAY BRIDGE CONSTRUCTION             75

5.12.3      EFFICIENT LIFTING SUPPORT WITH LIEBHERR 81.1K SELF ERECTING

TOWER CRANE AT YATE HOUSING PROJECT      75

5.13         KEY CONFERENCES AND EVENTS, 2025–2026        76

5.14         PORTER’S FIVE FORCES ANALYSIS           76

5.14.1      THREAT OF NEW ENTRANTS      78

5.14.2      THREAT OF SUBSTITUTES          78

5.14.3      BARGAINING POWER OF SUPPLIERS       78

5.14.4      BARGAINING POWER OF BUYERS             78

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 79

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     79

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           79

5.15.2      BUYING CRITERIA           80

5.16         MACROECONOMIC ANALYSIS    80

5.16.1      INTRODUCTION              80

5.16.2      GDP TRENDS AND FORECASTS 81

5.17         IMPACT OF 2025 US TARIFF ON TOWER CRANE RENTAL MARKET               81

5.17.1      INTRODUCTION              81

5.17.2      KEY TARIFF RATES          81

5.17.3      PRICE IMPACT ANALYSIS             82

5.17.4      IMPACT ON COUNTRIES/REGIONS         82

5.17.4.1  US           82

5.17.4.2  China      82

5.17.4.3  Germany                 82

5.17.5      IMPACT ON END-USE INDUSTRIES          82

5.18         INVESTMENT AND FUNDING SCENARIO               83

6               TOWER CRANE RENTAL MARKET, BY CAPACITY                 84

6.1           INTRODUCTION              85

6.2           LOW (5 TO 20 TON)         86

6.2.1        VERSATILITY, ACCESSIBILITY, AND COST-EFFECTIVENESS ACROSS APPLICATIONS TO DRIVE DEMAND                 86

6.3           LOW TO MEDIUM (20 TO 100 TON)          87

6.3.1        UTILITY IN RESIDENTIAL, COMMERCIAL CONSTRUCTION, INFRASTRUCTURE MAINTENANCE, AND LANDSCAPING PROJECTS TO FUEL DEMAND    87

6.4           HEAVY (100 TO 500 TON)              87

6.4.1        APPLICATIONS IN LARGE-SCALE CONSTRUCTION PROJECTS,

HEAVY INDUSTRY, AND SPECIALIZED LIFTING TO DRIVE DEMAND             87

6.5           EXTREME HEAVY (>500 TON)     88

6.5.1        DEMAND IN CONSTRUCTION, ENERGY, MINING, AND MARITIME SECTORS

TO DRIVE MARKET         88

7               TOWER CRANE RENTAL MARKET, BY PRODUCT TYPE                 89

7.1           INTRODUCTION              90

7.2           SELF-ERECTING CRANE                 91

7.2.1        OPERATIONAL EFFICIENCY, RAPID DEPLOYMENT, AND SUITABILITY

FOR COMPACT CONSTRUCTION SITES TO BOOST DEMAND                 91

7.3           HAMMERHEAD CRANE  92

7.3.1        HIGH ADAPTABILITY IN LARGE-SCALE CONSTRUCTION PROJECTS TO

FUEL GROWTH 92

7.4           LUFFING JIB TOWER CRANE       92

7.4.1        OPERATION IN HIGHLY CONGESTED CONSTRUCTION ENVIRONMENTS

WITH MINIMAL SWING RADIUS AND SUPERIOR VERTICAL REACH TO

DRIVE DEMAND               92

7.5           MOBILE TOWER CRANE                93

7.5.1        QUICK DEPLOYMENT, HIGH MOBILITY, AND VERSATILE LIFTING

CAPABILITIES TO DRIVE MARKET            93

7.6           OTHER PRODUCT TYPES             94

8               TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY           95

8.1           INTRODUCTION              96

8.2           BUILDING & CONSTRUCTION   98

8.2.1        ENHANCED PRODUCTIVITY, ACCELERATED PROJECT TIMELINES, AND

SAFETY TO DRIVE MARKET         98

8.3           INFRASTRUCTURE          99

8.3.1        LIFTING SOLUTIONS IN CONSTRUCTION, MAINTENANCE, AND DEVELOPMENT PROJECTS TO FUEL GROWTH             99

8.4           ENERGY & POWER           100

8.4.1        DIVERSE RANGE OF LIFTING SOLUTIONS TO DRIVE MARKET               100

8.5           MARINE & OFFSHORE    100

8.5.1        DEMAND FOR CONSTRUCTION, MAINTENANCE, SHIPBUILDING,

AND HANDLING HEAVY EQUIPMENT TO BOOST MARKET                 100

8.6           OTHER END-USE INDUSTRIES   101

9               TOWER CRANE RENTAL MARKET, BY REGION   102

9.1           INTRODUCTION              103

9.2           ASIA PACIFIC     105

9.2.1        ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY CAPACITY           106

9.2.2        ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY       106

9.2.3        ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY COUNTRY            107

9.2.3.1    China      108

9.2.3.1.1 Rapid urbanization and infrastructure development to

fuel market             108

9.2.3.2    India       109

9.2.3.2.1 Cost-effectiveness and flexibility of rentals to fuel market                 109

9.2.3.3    Japan      110

9.2.3.3.1 Expansion of energy & power sector to fuel market growth                 110

9.2.3.4    South Korea           112

9.2.3.4.1 Infrastructure boom and technological advancements

to drive market      112

9.2.3.5    Australia 113

9.2.3.5.1 Urbanization and infrastructure developments to support market growth    113

9.2.3.6    Rest of Asia Pacific               114

9.3           NORTH AMERICA             115

9.3.1        NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY           116

9.3.2        NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY       117

9.3.3        NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY            118

9.3.3.1    US           118

9.3.3.1.1 Substantial investments in infrastructure, urban development, and industrial expansion to fuel demand          118

9.3.3.2    Canada   120

9.3.3.2.1 Investments in infrastructure, urban development, and industrial expansion to drive market   120

9.3.3.3    Mexico   121

9.3.3.3.1 Ambitious construction projects and steadily growing economy to drive growth          121

9.4           EUROPE               122

9.4.1        EUROPE: TOWER CRANE RENTAL MARKET, BY CAPACITY           123

9.4.2        EUROPE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY           124

9.4.3        EUROPE: TOWER CRANE RENTAL MARKET, BY COUNTRY            125

9.4.3.1    Germany                 126

9.4.3.1.1 Increasing infrastructure spending to drive market        126

9.4.3.2    UK          127

9.4.3.2.1 Flourishing building & construction industry to fuel growth                 127

9.4.3.3    France    128

9.4.3.3.1 Ambitious construction projects and buoyant economic environment to drive market               128

9.4.3.4    Switzerland            129

9.4.3.4.1 Growing energy & power sector to propel demand         129

9.4.3.5    Italy         130

9.4.3.5.1 Ongoing investments in infrastructure and urban development projects to fuel market         130

9.4.3.6    Spain      132

9.4.3.6.1 Increasing investments in non-residential projects to boost market    132

9.4.3.7    Rest of Europe      133

9.5           MIDDLE EAST & AFRICA                134

9.5.1        MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY CAPACITY 135

9.5.2        MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET,

BY END-USE INDUSTRY 135

9.5.3        MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY COUNTRY 136

9.5.4        GCC COUNTRIES              137

9.5.4.1    Saudi Arabia          137

9.5.4.1.1 Infrastructure developments, urbanization, and industrial expansion to drive demand 137

9.5.4.2    UAE        138

9.5.4.2.1 Infrastructure projects and urban development initiatives

to propel market growth      138

9.5.4.3    Rest of GCC countries         140

9.5.4.4    South Africa           141

9.5.4.4.1 Surge in construction activities to drive market growth 141

9.5.4.5    Rest of Middle East & Africa               142

9.6           SOUTH AMERICA             143

9.6.1        SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY           144

9.6.2        SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY       144

9.6.3        SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY            145

9.6.3.1    Brazil      146

9.6.3.1.1 Flourishing infrastructure and energy & power sectors

to drive market      146

9.6.3.2    Argentina               147

9.6.3.2.1 Infrastructure development, residential construction,

and urban renewal projects to boost market    147

9.6.3.3    Rest of South America         148

10            COMPETITIVE LANDSCAPE         150

10.1         OVERVIEW          150

10.2         KEY PLAYERS STRATEGIES/ RIGHT TO WIN         150

10.3         MARKET SHARE ANALYSIS           151

10.4         BRAND/PRODUCT COMPARISON             154

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 155

10.5.1      STARS   155

10.5.2      EMERGING LEADERS     155

10.5.3      PERVASIVE PLAYERS      155

10.5.4      PARTICIPANTS 155

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         157

10.5.5.1  Company footprint               157

10.5.5.2  Region footprint   157

10.5.5.3  Capacity footprint                 158

10.5.5.4  Product type footprint         159

10.5.5.5  End-use industry footprint 160

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        161

10.6.1      PROGRESSIVE COMPANIES         161

10.6.2      RESPONSIVE COMPANIES            161

10.6.3      DYNAMIC COMPANIES  161

10.6.4      STARTING BLOCKS         161

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 163

10.6.5.1  Detailed list of key startups/SMEs    163

10.6.6      COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              164

10.7         COMPETITIVE SCENARIO             166

10.7.1      PRODUCT LAUNCHES   166

10.7.2      DEALS  167

11            COMPANY PROFILES      169

11.1         KEY PLAYERS     169

11.1.1      LIEBHERR            169

11.1.1.1  Business overview 169

11.1.1.2  Products/Solutions/Services offered 170

11.1.1.3  Recent developments           171

11.1.1.3.1                Product launches  171

11.1.1.3.2                Deals      171

11.1.1.4  MnM view              172

11.1.1.4.1                Right to win           172

11.1.1.4.2                Strategic choices   172

11.1.1.4.3                Weaknesses and competitive threats 172

11.1.2      BIGGE CRANE AND RIGGING CO.              173

11.1.2.1  Business overview 173

11.1.2.2  Products/Solutions/Services offered 173

11.1.2.3  Recent developments           175

11.1.2.3.1                Deals      175

11.1.2.4  MnM view              175

11.1.2.4.1                Right to win           175

11.1.2.4.2                Strategic choices   175

11.1.2.4.3                Weaknesses and competitive threats 175

11.1.3      ACTION CONSTRUCTION EQUIPMENT LTD.      176

11.1.3.1  Business overview 176

11.1.3.2  Products/Solutions/Services offered 177

11.1.3.3  MnM view              178

11.1.3.3.1                Right to win           178

11.1.3.3.2                Strategic choices   178

11.1.3.3.3                Weaknesses and competitive threats 178

11.1.4      LEAVITT CRANES             179

11.1.4.1  Business overview 179

11.1.4.2  Products/Solutions/Services offered 179

11.1.4.3  Recent developments           180

11.1.4.3.1                Deals      180

11.1.4.4  MnM view              180

11.1.4.4.1                Right to win           180

11.1.4.4.2                Strategic choices   180

11.1.4.4.3                Weaknesses and competitive threats 180

11.1.5      WASEL GMBH    181

11.1.5.1  Business overview 181

11.1.5.2  Products/Solutions/Services offered 181

11.1.5.2.1                Deals      182

11.1.5.3  MnM view              182

11.1.5.3.1                Right to win           182

11.1.5.3.2                Strategic choices   182

11.1.5.3.3                Weaknesses and competitive threats 182

11.1.6      FALCON TOWER CRANE SERVICES LTD.                183

11.1.6.1  Business overview 183

11.1.6.2  Products/Solutions/Services offered 183

11.1.6.3  MnM view              184

11.1.6.3.1                Right to win           184

11.1.6.3.2                Strategic choices   184

11.1.6.3.3                Weaknesses and competitive threats 184

11.1.7      RAPICON INC.   185

11.1.7.1  Business overview 185

11.1.7.2  Products/Solutions/Services offered 185

11.1.7.3  Recent developments           186

11.1.7.3.1                Deals      186

11.1.7.4  MnM view              186

11.1.7.4.1                Right to win           186

11.1.7.4.2                Strategic choices   186

11.1.7.4.3                Weaknesses and competitive threats 186

11.1.8      NFT GROUP        187

11.1.8.1  Business overview 187

11.1.8.2  Products/Solutions/Services offered 187

11.1.8.3  MnM view              188

11.1.8.3.1                Right to win           188

11.1.8.3.2                Strategic choices   188

11.1.8.3.3                Weaknesses and competitive threats 188

11.1.9      SKYCRANE          189

11.1.9.1  Business overview 189

11.1.9.2  Products/Solutions/Services offered 189

11.1.9.3  MnM view              190

11.1.9.3.1                Right to win           190

11.1.9.3.2                Strategic choices   190

11.1.9.3.3                Weaknesses and competitive threats 190

11.1.10   MAXIM CRANE WORKS  191

11.1.10.1                 Business overview 191

11.1.10.2                 Products/Solutions/Services offered 191

11.1.10.3                 Recent developments           192

11.1.10.3.1             Deals      192

11.1.10.4                 MnM view              192

11.1.10.4.1             Right to win           192

11.1.10.4.2             Strategic choices   192

11.1.10.4.3             Weaknesses and competitive threats 192

11.1.11   SARENS N.V./S.A.              193

11.1.11.1                 Business overview 193

11.1.11.2                 Products/Solutions/Services offered 193

11.1.11.3                 Recent developments           194

11.1.11.3.1             Deals      194

11.1.11.4                 MnM view              194

11.1.11.4.1             Right to win           194

11.1.11.4.2             Strategic choices   194

11.1.11.4.3             Weaknesses and competitive threats 194

11.1.12   UPERIO 195

11.1.12.1                 Business overview 195

11.1.12.2                 Products/Solutions/Services offered 195

11.1.12.3                 MnM view              195

11.1.12.3.1             Right to win           195

11.1.12.3.2             Strategic choices   196

11.1.12.3.3             Weaknesses and competitive threats 196

11.1.13   WOLFFKRAN INTERNATIONAL AG           197

11.1.13.1                 Business overview 197

11.1.13.2                 Products/Solutions/Services offered 197

11.1.13.3                 Recent developments           198

11.1.13.3.1             Product launches  198

11.1.13.3.2             Deals      198

11.1.13.4                 MnM view              199

11.1.13.4.1             Right to win           199

11.1.13.4.2             Strategic choices   199

11.1.13.4.3             Weaknesses and competitive threats 199

11.1.14   AINSCOUGH CRANE HIRE            200

11.1.14.1                 Business overview 200

11.1.14.2                 Products/Solutions/Services offered 200

11.1.14.3                 MnM view              201

11.1.14.3.1             Right to win           201

11.1.14.3.2             Strategic choices   201

11.1.14.3.3             Weaknesses and competitive threats 201

11.1.15   VMS EQUIPMENT             202

11.1.15.1                 Business overview 202

11.1.15.2                 Products/Solutions/Services offered 202

11.1.15.3                 MnM view              202

11.1.15.3.1             Right to win           202

11.1.15.3.2             Strategic choices   202

11.1.15.3.3             Weaknesses and competitive threats 202

11.2         OTHER PLAYERS              203

11.2.1      MORROW EQUIPMENT COMPANY, LLC 203

11.2.2      STAFFORD TOWER CRANES        204

11.2.3      TAT HONG HOLDINGS LTD.       205

11.2.4      NESSCAMPBELL CRANE + RIGGING         206

11.2.5      HERKULES S.A.  207

11.2.6      MAMMOET         208

11.2.7      ENG CRANES SRL              209

11.2.8      VAN DER SPEK NV           209

11.2.9      RELIABLE CRANE SERVICE           210

11.2.10   SANGHVI MOVERS LIMITED       211

12            ADJACENT & RELATED MARKET               212

12.1         INTRODUCTION              212

12.2         LIMITATIONS    212

12.3         CRANE RENTAL MARKET              212

12.3.1      MARKET DEFINITION   212

12.3.2      CRANE RENTAL MARKET, BY TYPE          212

12.3.3      CRANE RENTAL MARKET, BY END-USE INDUSTRY                 214

12.3.4      CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY           215

12.3.5      CRANE RENTAL MARKET, BY REGION    216

13            APPENDIX           219

13.1         DISCUSSION GUIDE        219

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                222

13.3         CUSTOMIZATION OPTIONS        224

13.4         RELATED REPORTS         224

13.5         AUTHOR DETAILS           225

LIST OF TABLES

TABLE 1                INFRASTRUCTURE DEVELOPMENT PROJECTS                 46

TABLE 2                ROLES OF COMPANIES IN TOWER CRANE RENTAL ECOSYSTEM     53

TABLE 3                TARIFF DATA FOR HS CODE 842620-COMPLIANT PRODUCTS, BY COUNTRY, 2024      56

TABLE 4                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS  57

TABLE 5                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS             59

TABLE 6                ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS             60

TABLE 7                MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS  61

TABLE 8                SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS  61

TABLE 9                INDICATIVE PRICING ANALYSIS OF TOWER CRANE RENTAL OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2024 (USD/UNIT)                 63

TABLE 10              AVERAGE SELLING PRICE TREND OF TOWER CRANE RENTAL, BY REGION,

2023–2030 (USD/UNIT)   64

TABLE 11              EXPORT DATA RELATED TO HS CODE 842620-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               65

TABLE 12              IMPORT DATA RELATED TO HS CODE 842620-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               66

TABLE 13              TOWER CRANE RENTAL MARKET: LIST OF KEY PATENTS, 2022–2024        72

TABLE 14              TOWER CRANE RENTAL MARKET: LIST OF KEY CONFERENCES AND

EVENTS, 2025–2026           76

TABLE 15              TOWER CRANE RENTAL MARKET: PORTER’S FIVE FORCES ANALYSIS 77

TABLE 16              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY

END-USE INDUSTRIES   79

TABLE 17              BUYING CRITERIA FOR KEY END-USE INDUSTRIES       80

TABLE 18              GLOBAL GDP GROWTH PROJECTION, BY REGION, 2021–2028 (USD TRILLION)        81

TABLE 19              TOWER CRANE RENTAL MARKET, BY CAPACITY, 2023–2030 (USD MILLION)            85

TABLE 20              TOWER CRANE RENTAL MARKET, BY CAPACITY, 2023–2030 (UNIT)              86

TABLE 21              TOWER CRANE RENTAL MARKET, BY PRODUCT TYPE, 2023–2030 (USD MILLION)                90

TABLE 22              TOWER CRANE RENTAL MARKET, BY PRODUCT TYPE, 2023–2030 (UNIT) 91

TABLE 23              TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            97

TABLE 24              TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)      97

TABLE 25              TOWER CRANE RENTAL MARKET, BY REGION, 2023–2030 (USD MILLION)            104

TABLE 26              TOWER CRANE RENTAL MARKET, BY REGION, 2023–2030 (UNIT)              104

TABLE 27              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (USD MILLION)            106

TABLE 28              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY CAPACITY, 2023–2030 (UNIT)                106

TABLE 29              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            106

TABLE 30              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              107

TABLE 31              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            107

TABLE 32              ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY COUNTRY, 2023–2030 (UNIT)                 107

TABLE 33              CHINA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            108

TABLE 34              CHINA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              109

TABLE 35              INDIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            110

TABLE 36              INDIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              110

TABLE 37              JAPAN: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            111

TABLE 38              JAPAN: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              111

TABLE 39              SOUTH KOREA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            112

TABLE 40              SOUTH KOREA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              112

TABLE 41              AUSTRALIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            113

TABLE 42              AUSTRALIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              114

TABLE 43              REST OF ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)                 114

TABLE 44              REST OF ASIA PACIFIC: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)        115

TABLE 45              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (USD MILLION)            116

TABLE 46              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (UNIT)              117

TABLE 47              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)                 117

TABLE 48              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)        117

TABLE 49              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            118

TABLE 50              NORTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (UNIT)              118

TABLE 51              US: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            119

TABLE 52              US: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)             119

TABLE 53              CANADA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            120

TABLE 54              CANADA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              120

TABLE 55              MEXICO: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            121

TABLE 56              MEXICO: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              122

TABLE 57              EUROPE: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (USD MILLION)            123

TABLE 58              EUROPE: TOWER CRANE RENTAL MARKET, BY CAPACITY, 2023–2030 (UNIT)      124

TABLE 59              EUROPE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            124

TABLE 60              EUROPE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              124

TABLE 61              EUROPE: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            125

TABLE 62              EUROPE: TOWER CRANE RENTAL MARKET, BY COUNTRY, 2023–2030 (UNIT)      125

TABLE 63              GERMANY: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            126

TABLE 64              GERMANY: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              126

TABLE 65              UK: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            127

TABLE 66              UK: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)             127

TABLE 67              FRANCE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            129

TABLE 68              FRANCE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              129

TABLE 69              SWITZERLAND: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            130

TABLE 70              SWITZERLAND: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              130

TABLE 71              ITALY: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            131

TABLE 72              ITALY: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              131

TABLE 73              SPAIN: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            132

TABLE 74              SPAIN: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              133

TABLE 75              REST OF EUROPE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)                 133

TABLE 76              REST OF EUROPE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)        134

TABLE 77              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (USD MILLION)            135

TABLE 78              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (UNIT)              135

TABLE 79              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            135

TABLE 80              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)                 136

TABLE 81              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            136

TABLE 82              MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (UNIT)              137

TABLE 83              SAUDI ARABIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            138

TABLE 84              SAUDI ARABIA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              138

TABLE 85              UAE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            139

TABLE 86              UAE: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)             139

TABLE 87              REST OF GCC COUNTRIES: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            140

TABLE 88              REST OF GCC COUNTRIES: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)                 140

TABLE 89              SOUTH AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            141

TABLE 90              SOUTH AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              142

TABLE 91              REST OF MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION) 142

TABLE 92              REST OF MIDDLE EAST & AFRICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)  143

TABLE 93              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (USD MILLION)            144

TABLE 94              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY CAPACITY,

2023–2030 (UNIT)              144

TABLE 95              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            144

TABLE 96              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              145

TABLE 97              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            145

TABLE 98              SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY COUNTRY,

2023–2030 (UNIT)              145

TABLE 99              BRAZIL: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY

2023–2030 (USD MILLION)            146

TABLE 100            BRAZIL: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              146

TABLE 101            ARGENTINA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            147

TABLE 102            ARGENTINA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY,

2023–2030 (UNIT)              148

TABLE 103            REST OF SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            148

TABLE 104            REST OF SOUTH AMERICA: TOWER CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2023–2030 (UNIT)                 149

TABLE 105            TOWER CRANE RENTAL MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY MARKET PLAYERS BETWEEN JANUARY 2019 AND MAY 2025                 150

TABLE 106            TOWER CRANE RENTAL MARKET: DEGREE OF COMPETITION 152

TABLE 107            TOWER CRANE RENTAL MARKET: REGION FOOTPRINT       157

TABLE 108            TOWER CRANE RENTAL MARKET: CAPACITY FOOTPRINT       158

TABLE 109            TOWER CRANE RENTAL MARKET: PRODUCT TYPE FOOTPRINT            159

TABLE 110            TOWER CRANE RENTAL MARKET: END-USE INDUSTRY FOOTPRINT 160

TABLE 111            TOWER CRANE RENTAL MARKET: DETAILED LIST OF KEY STARTUPS/SMES   163

TABLE 112            TOWER CRANE RENTAL MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES (1/2)   164

TABLE 113            TOWER CRANE RENTAL MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES (2/2)   165

TABLE 114            TOWER CRANE RENTAL MARKET: PRODUCT LAUNCHES,

JANUARY 2019–MAY 2025               166

TABLE 115            TOWER CRANE RENTAL MARKET: DEALS, JANUARY 2019–MAY 2025               167

TABLE 116            LIEBHERR: COMPANY OVERVIEW             169

TABLE 117            LIEBHERR: PRODUCTS/SOLUTIONS/SERVICES OFFERED             170

TABLE 118            LIEBHERR: PRODUCT LAUNCHES, JANUARY 2019–MAY 2025   171

TABLE 119            LIEBHERR: DEALS, JANUARY 2019–MAY 2025                 171

TABLE 120            BIGGE CRANE AND RIGGING CO.: COMPANY OVERVIEW          173

TABLE 121            BIGGE CRANE AND RIGGING CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    173

TABLE 122            BIGGE CRANE AND RIGGING CO.: DEALS, JANUARY 2019–MAY 2025               175

TABLE 123            ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY OVERVIEW   176

TABLE 124            ACTION CONSTRUCTION EQUIPMENT LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        177

TABLE 125            LEAVITT CRANES: COMPANY OVERVIEW                 179

TABLE 126            LEAVITT CRANES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    179

TABLE 127            LEAVITT CRANES: DEALS, JANUARY 2019–MAY 2025        180

TABLE 128            WASEL GMBH: COMPANY OVERVIEW     181

TABLE 129            WASEL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    181

TABLE 130            WASEL GMBH: DEALS, JANUARY 2019–MAY 2025                 182

TABLE 131            FALCON TOWER CRANE SERVICES LTD.: COMPANY OVERVIEW   183

TABLE 132            FALCON TOWER CRANE SERVICES LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        183

TABLE 133            RAPICON INC.: COMPANY OVERVIEW    185

TABLE 134            RAPICON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 135            RAPICON INC.: DEALS, JANUARY 2019–MAY 2025                 186

TABLE 136            NFT GROUP: COMPANY OVERVIEW        187

TABLE 137            NFT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    187

TABLE 138            SKYCRANE: COMPANY OVERVIEW           189

TABLE 139            SKYCRANE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             189

TABLE 140            MAXIM CRANE WORKS: COMPANY OVERVIEW                 191

TABLE 141            MAXIM CRANE WORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    191

TABLE 142            MAXIM CRANE WORKS: DEALS, JANUARY 2019–MAY 2025              192

TABLE 143            SARENS N.V./S.A.: COMPANY OVERVIEW                 193

TABLE 144            SARENS N.V./S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    193

TABLE 145            SARENS N.V./S.A.: DEALS, JANUARY 2019–MAY 2025        194

TABLE 146            UPERIO: COMPANY OVERVIEW 195

TABLE 147            UPERIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             195

TABLE 148            WOLFFKRAN INTERNATIONAL AG: COMPANY OVERVIEW          197

TABLE 149            WOLFFKRAN INTERNATIONAL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    197

TABLE 150            WOLFFKRAN INTERNATIONAL AG: PRODUCT LAUNCHES,

JANUARY 2019–MAY 2025               198

TABLE 151            WOLFFKRAN INTERNATIONAL AG: DEALS, JANUARY 2019–MAY 2025               198

TABLE 152            AINSCOUGH CRANE HIRE: COMPANY OVERVIEW          200

TABLE 153            AINSCOUGH CRANE HIRE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    200

TABLE 154            VMS EQUIPMENT: COMPANY OVERVIEW                 202

TABLE 155            VMS EQUIPMENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    202

TABLE 156            MORROW EQUIPMENT COMPANY, LLC: COMPANY OVERVIEW   203

TABLE 157            STAFFORD TOWER CRANES: COMPANY OVERVIEW          204

TABLE 158            TAT HONG HOLDINGS LTD.: COMPANY OVERVIEW          205

TABLE 159            NESSCAMPBELL CRANE + RIGGING: COMPANY OVERVIEW          206

TABLE 160            HERKULES S.A.: COMPANY OVERVIEW  207

TABLE 161            MAMMOET: COMPANY OVERVIEW          208

TABLE 162            ENG CRANES SRL: COMPANY OVERVIEW                 209

TABLE 163            VAN DER SPEK: COMPANY OVERVIEW   209

TABLE 164            RELIABLE CRANE SERVICE: COMPANY OVERVIEW          210

TABLE 165            SANGHVI MOVERS LIMITED: COMPANY OVERVIEW          211

TABLE 166            CRANE RENTAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 213

TABLE 167            CRANE RENTAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 213

TABLE 168            CRANE RENTAL MARKET, BY TYPE, 2020–2023 (UNIT)  213

TABLE 169            CRANE RENTAL MARKET, BY TYPE, 2024–2029 (UNIT)  213

TABLE 170            CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)    214

TABLE 171            CRANE RENTAL MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)    215

TABLE 172            CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,

2020–2023 (USD MILLION)            215

TABLE 173            CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY,

2024–2029 (USD MILLION)            216

TABLE 174            CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2020–2023 (UNIT)      216

TABLE 175            CRANE RENTAL MARKET, BY WEIGHTLIFTING CAPACITY, 2024–2029 (UNIT)      216

TABLE 176            CRANE RENTAL MARKET, BY REGION, 2020–2023 (USD MILLION) 217

TABLE 177            CRANE RENTAL MARKET, BY REGION, 2024–2029 (USD MILLION) 217

TABLE 178            CRANE RENTAL MARKET, BY REGION, 2020–2023 (UNIT)  217

TABLE 179            CRANE RENTAL MARKET, BY REGION, 2024–2029 (UNIT)  218

LIST OF FIGURES

FIGURE 1              TOWER CRANE RENTAL MARKET SEGMENTATION AND REGIONAL SCOPE              25

FIGURE 2              TOWER CRANE RENTAL MARKET: RESEARCH DESIGN                28

FIGURE 3              BREAKDOWN OF INTERVIEWS WITH EXPERTS                 31

FIGURE 4              MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH         32

FIGURE 5              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         32

FIGURE 6              TOWER CRANE RENTAL MARKET: APPROACH 1                 33

FIGURE 7              TOWER CRANE RENTAL MARKET: APPROACH 2                 33

FIGURE 8              TOWER CRANE RENTAL MARKET: DATA TRIANGULATION             35

FIGURE 9              LOW TO MEDIUM (20 TO 100 TON) SEGMENT TO DOMINATE MARKET

DURING FORECAST PERIOD       39

FIGURE 10            HAMMERHEAD CRANE SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD         39

FIGURE 11            BUILDING & CONSTRUCTION END-USE INDUSTRY SEGMENT TO

DOMINATE MARKET IN 2030       40

FIGURE 12            ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF TOWER CRANE

RENTAL MARKET IN 2024              41

FIGURE 13            HIGH-RISE CONSTRUCTION AND ACCELERATED URBAN INFRASTRUCTURE

TO DRIVE MARKET         42

FIGURE 14            LOW (5 TO 20 TON) SEGMENT TO REGISTER HIGHEST GROWTH

DURING FORECAST PERIOD       42

FIGURE 15            LUFFING JIB TOWER CRANE SEGMENT TO REGISTER HIGHEST

GROWTH DURING FORECAST PERIOD  43

FIGURE 16            BUILDING & CONSTRUCTION SEGMENT TO REGISTER FASTEST

GROWTH BETWEEN 2025 AND 2030          43

FIGURE 17            LOW TO MEDIUM (20 TO 100 TON) SEGMENT ACCOUNTED FOR

LARGEST SHARE OF ASIA PACIFIC MARKET IN 2025          44

FIGURE 18            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         44

FIGURE 19            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

IN TOWER CRANE RENTAL MARKET       45

FIGURE 20           GLOBAL BUILDING FLOOR AREA IN ADVANCED, EMERGING, AND DEVELOPING ECONOMIES (2010–2022) WITH PROJECTIONS FOR 2030 (BILLION M²)    47

FIGURE 21            ACTUAL AND FORECASTED WIND POWER GENERATION IN NET

ZERO SCENARIO, (TWH)               50

FIGURE 22            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   52

FIGURE 23            TOWER CRANE RENTAL MARKET: ECOSYSTEM ANALYSIS            53

FIGURE 24            TOWER CRANE RENTAL MARKET: VALUE CHAIN ANALYSIS              54

FIGURE 25            AVERAGE SELLING PRICE TREND OF TOWER CRANE RENTAL OFFERED

BY KEY PLAYERS, 2024 (USD/UNIT)          63

FIGURE 26            AVERAGE SELLING PRICE TREND OF TOWER CRANE RENTAL, BY REGION,

2023–2030 (USD/UNIT)   64

FIGURE 27            EXPORT DATA FOR HS CODE 842620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020–2024 (USD MILLION)            65

FIGURE 28            IMPORT DATA FOR HS CODE 842620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020–2024 (USD MILLION)            66

FIGURE 29            TOWER CRANE RENTAL MARKET: IMPACT OF AI/GEN AI            69

FIGURE 30            LIST OF MAJOR PATENTS APPLIED AND GRANTED RELATED TO TOWER

CRANES, 2015–2024           71

FIGURE 31            MAJOR PATENTS APPLIED AND GRANTED RELATED TO TOWER CRANE,

BY COUNTRY/REGION, 2015–2024              72

FIGURE 32            TOWER CRANE RENTAL MARKET: PORTER’S FIVE FORCES ANALYSIS 77

FIGURE 33            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY

END-USE INDUSTRIES   79

FIGURE 34            BUYING CRITERIA FOR KEY END-USE INDUSTRIES       80

FIGURE 35            TOWER CRANE RENTAL MARKET: INVESTOR DEALS AND FUNDING

TRENDS, 2018–2024 (USD MILLION)         83

FIGURE 36            LOW TO MEDIUM (20 TO 100 TON) CAPACITY SEGMENT TO ACCOUNT

FOR LARGEST SHARE DURING FORECAST PERIOD          85

FIGURE 37            HAMMERHEAD CRANE SEGMENT TO LEAD TOWER CRANE RENTAL

MARKET DURING FORECAST PERIOD    90

FIGURE 38            BUILDING & CONSTRUCTION SEGMENT TO LEAD MARKET DURING

FORECAST PERIOD         96

FIGURE 39            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         103

FIGURE 40            ASIA PACIFIC: TOWER CRANE RENTAL MARKET SNAPSHOT          105

FIGURE 41            NORTH AMERICA: TOWER CRANE RENTAL MARKET SNAPSHOT       116

FIGURE 42            EUROPE: TOWER CRANE RENTAL MARKET SNAPSHOT          123

FIGURE 43            TOWER CRANE RENTAL MARKET SHARE ANALYSIS, 2024  152

FIGURE 44            TOWER CRANE RENTAL MARKET: BRAND/PRODUCT COMPARISON             154

FIGURE 45           COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024        156

FIGURE 46            TOWER CRANE RENTAL MARKET: COMPANY FOOTPRINT       157

FIGURE 47            COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024   162

FIGURE 48            LIEBHERR: COMPANY SNAPSHOT            170

FIGURE 49            ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY SNAPSHOT   176