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Crane Market Size to Reach USD 43.78 Billion by 2031, Driven by Rising Construction and Infrastructure Development, Says Mordor Intelligence

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Third-party crane market forecast implies steady construction demand, a mild read-through for equipment makers.
Slow infrastructure demand supports equipment makers
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Infrastructure spending data releases
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Forecast vendor may overstate growth
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HYDERABAD, India, Oct. 15, 2026 /PRNewswire/ -- According to the latest report by Mordor Intelligence, the crane market size is expected to grow from USD 35.82 billion in 2026 to USD 43.78 billion by 2031, registering a CAGR of 4.10% during the forecast period. Rising investments in...
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