The India overhead cranes market size reached USD 180.90 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 320.63 Million by 2033, exhibiting a growth rate (CAGR) of 6.57% during 2025-2033. The market is expanding due to rising infrastructure projects, automation in manufacturing, and an increased demand from steel, automotive, and logistics sectors. Key trends include smart cranes, IoT integration, and higher load capacities for improved efficiency and safety.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 180.90 Million |
Market Forecast in 2033 | USD 320.63 Million |
Market Growth Rate 2025-2033 | 6.57% |
Increasing Adoption of Smart and Automated Overhead Cranes
The India overhead cranes market is witnessing a shift toward smart and automated crane solutions as industries prioritize operational efficiency and workplace safety. Automation techniques, enveloping IoT-based sensors, real-time monitoring systems, and predictive maintenance solutions, are becoming integral to modern overhead crane systems. For instance, as per industry reports, the deployment of real-time monitoring systems significantly lowers accidents risk by around 20%. In parallel, Godrej & Boyce, a major India-based company, deployed electric overhead cranes in their production processes, leading to a 30% minimization in both emissions and energy consumption in comparison to conventional models. Moreover, these advancements allow for remote operation, load monitoring, and failure prediction, reducing downtime and optimizing productivity. Sectors such as manufacturing, warehousing, logistics, and steel production are driving demand for these intelligent lifting solutions. The integration of AI-powered control systems enables precise movement and minimizes human intervention, enhancing safety standards. Additionally, regulatory emphasis on workplace safety and load-handling efficiency is accelerating the adoption of such technologies. Major market players are focusing on technological partnerships and R&D investments to develop smart cranes that align with India's growing industrial automation landscape. This trend is expected to reshape material handling operations across key industries in the coming years.
Rising Demand from Infrastructure and Construction Sectors
India's rapid infrastructure development and increasing construction activities are fueling the demand for overhead cranes in large-scale projects. For instance, as per industry reports, in 2024, construction segment across India proliferated by 7.8%, influenced by investments from both private and public industries. In addition to this, in September 2024, the government initiated the construction work for several ventures in Gujarat, encompassing housing, road, or railways, with a total value of USD 962.5 Million. Moreover, the government’s emphasis on initiatives such as Make in India, Smart Cities Mission, and Bharatmala Project is accelerating investments in urban infrastructure, roads, bridges, and industrial zones. These projects require heavy-duty lifting equipment to handle large loads efficiently, making overhead cranes essential in steel plants, cement production, and prefabrication units. Additionally, the expansion of metro rail projects, airports, and commercial real estate is driving significant demand for overhead cranes with higher load capacities, improved precision, and enhanced safety features. Market players are focusing on manufacturing customized solutions to meet project-specific requirements. The shift toward higher-capacity cranes with energy-efficient systems is another key development in this space. With continued government spending on infrastructure, the demand for overhead cranes is anticipated to grow steadily in the foreseeable future.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, lifting capacity, and end use.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes gantry cranes, jib cranes, bridge cranes, and others.
Lifting Capacity Insights:
A detailed breakup and analysis of the market based on the lifting capacity have also been provided in the report. This includes up to 5 ton, 6-10 tone, 11-50 ton, and more than 50 ton.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes manufacturing, automotive and transportation, construction, metal and mining, power and utilities, ports and shipyards, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Gantry Cranes, Jib Cranes, Bridge Cranes, Others |
Lifting Capacities Covered | Up to 5 Ton, 6-10 Ton, 11-50 Ton, More Than 50 Ton |
End Uses Covered | Manufacturing, Automotive and Transportation, Construction, Metal and Mining, Power and Utilities, Ports and Shipyards, Others |
Regions Covered | North India, South India, East India, West 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) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: