According to the latest report by IMARC Group, titled “India Crane Market Report by Product Type (Mobile Cranes, Marine and Port Cranes, Fixed Cranes), Application (Construction and Infrastructure, Mining, Oil and Gas, and Others), and Region 2025-2033,” the India crane market size reached USD 3.6 Billion in 2024. A crane is a heavy-duty mechanical device that is used for lifting and moving heavy objects in various industrial and construction settings. It comprises a hoist, cables, and pulleys that enable it to lift and transport materials with precision and efficiency. It is widely available as mobile, tower, and overhead cranes that cater to specific lifting requirements. It can reach more heights and handle substantial weights efficiently. Besides this, it assists in enhancing productivity, streamlining operations, and ensuring the safe handling of materials. As it is widely utilized in construction sites, manufacturing plants, ports, and warehouses, to lift heavy loads from one place to another, the demand for cranes is rising in India.
India Crane Market Trends:
At present, the rising adoption of cranes, as they easily handle heavy materials with greater efficiency and safety, represents one of the primary factors strengthening the growth of the market in India. Besides this, the growing demand for cranes due to the rising number of infrastructure and construction activities in the country is offering a positive market outlook. Apart from this, the increasing employment of cranes for material handling, assembly line processes, and equipment installation while increasing productivity is bolstering the growth of the market in India. Moreover, the rising integration of telematics and the Internet of Things (IoT) solutions in cranes to enable real-time monitoring, remote diagnostics, and predictive maintenance, enhancing operational efficiency, and minimizing downtime, is impelling the growth of the market in the country. Additionally, the increasing employment of cranes to streamline operations at construction sites is supporting the growth of the market in the country. Furthermore, key players are introducing eco-friendly and energy-efficient cranes to reduce carbon emissions in the environment, which is contributing to the growth of the market in India. Looking forward, the market value is projected to reach USD 5.4 Billion by 2033, expanding at a CAGR of 4.4% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Application, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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