All-Terrain Crane Market Share

Market Share of All-Terrain Crane Industry

The All-Terrain Crane Market is dominated by various international and regional players such as Liebherr-International AG, Terex Corporation, and XCMG. Major players in the all-terrain crane market are adding new cranes to their portfolio to stay ahead of their competitors. For instance,

• In May 2022, Manitowoc expanded its Grove truck crane offering with the new four-axle TTS9000-2, boasting all-wheel steering and an impressively long boom on a lightweight carrier. Much of the improved design comes from Manitowoc's Voice of the Customer process, which uses consumer insights to improve engineering work and product development.
• In May 2021, The world's first licensable electric truck crane, STC250HBEV from SANY, was introduced to the market.
• In July 2020, XCMG launched 750 tonnes XCA750 eight-axle all-terrain crane. This crane comes with a seven-section 92-meter main boom, topped by a heavy-duty hydraulically erected wind turbine extension specifically designed for wind turbine repair and maintenance work.
• In CON EXPO 2020, Liebherr launched LTM 1120-4.1, its most powerful four-axle all-terrain crane. Compay will start deliveries of the new LTM 1120-4.1 in January 2021.

All Terrain Crane Market Leaders

1. Liebherr-International AG

2. Terex Corporation

3. XCMG Group

4. Sany Heavy Industry Co., Ltd

5. Manitowoc

*Disclaimer: Major Players sorted in no particular order