Military Crane Market Size 2021-2031 | Drivers
The Military Crane Market is expected to register a CAGR of 3.2% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product Type (Armoured Military Cranes, Unarmoured Military Cranes); Lifting Capacity (Less than 500 Tons, 501 Tons to 15000 Tons, 15001 Tons to 30000 Tons). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Military Crane Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Military Crane Market Segmentation
Product Type- Armoured Military Cranes
- Unarmoured Military Cranes
- Less than 500 Tons
- 501 Tons to 15000 Tons
- 15001 Tons to 30000 Tons
Strategic Insights
Military Crane Market Growth Drivers- Modernization of Military Logistics: As military forces focus on improving logistics and mobility, the demand for versatile, high-capacity cranes to support the transport and maintenance of heavy equipment is rising. Military cranes enable efficient handling of armored vehicles, artillery, and cargo, driving growth in this market.
- Increasing Military Expenditure: Higher defense budgets globally are fueling investment in military infrastructure, including cranes for maintenance, construction, and operational readiness. This growth in defense spending supports the demand for advanced lifting solutions across land, sea, and air military operations.
- Integration of Automation and Smart Features: The future of military cranes will see the integration of automation, AI, and IoT technologies, allowing for smarter, more efficient operation. These cranes will offer enhanced precision, reduce manual labor, and improve safety in complex military environments.
- Compact and Modular Crane Systems: There is a growing trend toward compact, modular military cranes that can be easily deployed in diverse operational environments. These cranes offer flexibility and quick setup, making them ideal for rapid response missions and deployments in remote or challenging terrains.
- Deployment in Military Construction and Infrastructure: Military cranes are essential for construction projects, such as building bases, repair facilities, and infrastructure in conflict zones. The growing need for rapid infrastructure development in military operations creates a significant opportunity for crane manufacturers.
- Demand in Heavy Equipment Maintenance: As armed forces modernize their fleets with heavy military vehicles and equipment, the need for specialized cranes for maintenance and repairs is increasing. This provides a robust opportunity to supply high-capacity cranes designed for efficient vehicle and machinery servicing.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Military Crane Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Military Crane Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the major trends driving the military crane market are:
1. Military Heavy Machinery Procurement Programs
The major factors driving the military crane market are:
1. Demand for All Terrain Heavy Machine Carrier
2. Deployment of Artillery Systems
The Military Crane Market is estimated to witness a CAGR of 3.2% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Military Crane Market - By Product Type
1.3.2 Military Crane Market - By Lifting Capacity
1.3.3 Military Crane Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MILITARY CRANE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MILITARY CRANE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MILITARY CRANE MARKET - GLOBAL MARKET ANALYSIS
6.1. MILITARY CRANE - GLOBAL MARKET OVERVIEW
6.2. MILITARY CRANE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MILITARY CRANE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. ARMOURED MILITARY CRANES
7.3.1. Overview
7.3.2. Armoured Military Cranes Market Forecast and Analysis
7.4. UNARMOURED MILITARY CRANES
7.4.1. Overview
7.4.2. Unarmoured Military Cranes Market Forecast and Analysis
8. MILITARY CRANE MARKET - REVENUE AND FORECASTS TO 2028 - LIFTING CAPACITY
8.1. OVERVIEW
8.2. LIFTING CAPACITY MARKET FORECASTS AND ANALYSIS
8.3. LESS THAN 500 TONS
8.3.1. Overview
8.3.2. Less than 500 Tons Market Forecast and Analysis
8.4. 501 TONS TO 15000 TONS
8.4.1. Overview
8.4.2. 501 Tons to 15000 Tons Market Forecast and Analysis
8.5. 15001 TONS TO 30000 TONS
8.5.1. Overview
8.5.2. 15001 Tons to 30000 Tons Market Forecast and Analysis
9. MILITARY CRANE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Military Crane Market Overview
9.1.2 North America Military Crane Market Forecasts and Analysis
9.1.3 North America Military Crane Market Forecasts and Analysis - By Product Type
9.1.4 North America Military Crane Market Forecasts and Analysis - By Lifting Capacity
9.1.5 North America Military Crane Market Forecasts and Analysis - By Countries
9.1.5.1 United States Military Crane Market
9.1.5.1.1 United States Military Crane Market by Product Type
9.1.5.1.2 United States Military Crane Market by Lifting Capacity
9.1.5.2 Canada Military Crane Market
9.1.5.2.1 Canada Military Crane Market by Product Type
9.1.5.2.2 Canada Military Crane Market by Lifting Capacity
9.1.5.3 Mexico Military Crane Market
9.1.5.3.1 Mexico Military Crane Market by Product Type
9.1.5.3.2 Mexico Military Crane Market by Lifting Capacity
9.2. EUROPE
9.2.1 Europe Military Crane Market Overview
9.2.2 Europe Military Crane Market Forecasts and Analysis
9.2.3 Europe Military Crane Market Forecasts and Analysis - By Product Type
9.2.4 Europe Military Crane Market Forecasts and Analysis - By Lifting Capacity
9.2.5 Europe Military Crane Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Military Crane Market
9.2.5.1.1 Germany Military Crane Market by Product Type
9.2.5.1.2 Germany Military Crane Market by Lifting Capacity
9.2.5.2 France Military Crane Market
9.2.5.2.1 France Military Crane Market by Product Type
9.2.5.2.2 France Military Crane Market by Lifting Capacity
9.2.5.3 Italy Military Crane Market
9.2.5.3.1 Italy Military Crane Market by Product Type
9.2.5.3.2 Italy Military Crane Market by Lifting Capacity
9.2.5.4 United Kingdom Military Crane Market
9.2.5.4.1 United Kingdom Military Crane Market by Product Type
9.2.5.4.2 United Kingdom Military Crane Market by Lifting Capacity
9.2.5.5 Russia Military Crane Market
9.2.5.5.1 Russia Military Crane Market by Product Type
9.2.5.5.2 Russia Military Crane Market by Lifting Capacity
9.2.5.6 Rest of Europe Military Crane Market
9.2.5.6.1 Rest of Europe Military Crane Market by Product Type
9.2.5.6.2 Rest of Europe Military Crane Market by Lifting Capacity
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Military Crane Market Overview
9.3.2 Asia-Pacific Military Crane Market Forecasts and Analysis
9.3.3 Asia-Pacific Military Crane Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Military Crane Market Forecasts and Analysis - By Lifting Capacity
9.3.5 Asia-Pacific Military Crane Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Military Crane Market
9.3.5.1.1 Australia Military Crane Market by Product Type
9.3.5.1.2 Australia Military Crane Market by Lifting Capacity
9.3.5.2 China Military Crane Market
9.3.5.2.1 China Military Crane Market by Product Type
9.3.5.2.2 China Military Crane Market by Lifting Capacity
9.3.5.3 India Military Crane Market
9.3.5.3.1 India Military Crane Market by Product Type
9.3.5.3.2 India Military Crane Market by Lifting Capacity
9.3.5.4 Japan Military Crane Market
9.3.5.4.1 Japan Military Crane Market by Product Type
9.3.5.4.2 Japan Military Crane Market by Lifting Capacity
9.3.5.5 South Korea Military Crane Market
9.3.5.5.1 South Korea Military Crane Market by Product Type
9.3.5.5.2 South Korea Military Crane Market by Lifting Capacity
9.3.5.6 Rest of Asia-Pacific Military Crane Market
9.3.5.6.1 Rest of Asia-Pacific Military Crane Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Military Crane Market by Lifting Capacity
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Military Crane Market Overview
9.4.2 Middle East and Africa Military Crane Market Forecasts and Analysis
9.4.3 Middle East and Africa Military Crane Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Military Crane Market Forecasts and Analysis - By Lifting Capacity
9.4.5 Middle East and Africa Military Crane Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Military Crane Market
9.4.5.1.1 South Africa Military Crane Market by Product Type
9.4.5.1.2 South Africa Military Crane Market by Lifting Capacity
9.4.5.2 Saudi Arabia Military Crane Market
9.4.5.2.1 Saudi Arabia Military Crane Market by Product Type
9.4.5.2.2 Saudi Arabia Military Crane Market by Lifting Capacity
9.4.5.3 U.A.E Military Crane Market
9.4.5.3.1 U.A.E Military Crane Market by Product Type
9.4.5.3.2 U.A.E Military Crane Market by Lifting Capacity
9.4.5.4 Rest of Middle East and Africa Military Crane Market
9.4.5.4.1 Rest of Middle East and Africa Military Crane Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Military Crane Market by Lifting Capacity
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Military Crane Market Overview
9.5.2 South and Central America Military Crane Market Forecasts and Analysis
9.5.3 South and Central America Military Crane Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Military Crane Market Forecasts and Analysis - By Lifting Capacity
9.5.5 South and Central America Military Crane Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Military Crane Market
9.5.5.1.1 Brazil Military Crane Market by Product Type
9.5.5.1.2 Brazil Military Crane Market by Lifting Capacity
9.5.5.2 Rest of South and Central America Military Crane Market
9.5.5.2.1 Rest of South and Central America Military Crane Market by Product Type
9.5.5.2.2 Rest of South and Central America Military Crane Market by Lifting Capacity
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MILITARY CRANE MARKET, KEY COMPANY PROFILES
11.1. PALFINGER AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALLIED SYSTEMS COMPANY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ATLAS GMBH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HEILA CRANES SPA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MACS CRANE AND RIGGING
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MHS CRANE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OVERHEAD HOIST AND CRANE SPECIALISTS, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUPERIOR CRANE AND MACHINING CORP.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERDICT MEDIA LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. PALFINGER AG
2. Allied Systems Company
3. Atlas GmbH
4. Heila Cranes SpA
5. Liebherr-International Deutschland GmbH
6. MACS Crane and Rigging
7. MHS Crane
8. Overhead Hoist and Crane Specialists, Inc.
9. Superior Crane and Machining Corp.
10. Verdict Media Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For