According to our (Global Info Research) latest study, the global Lattice Boom Crane market size was valued at US$ 4990 million in 2025 and is forecast to a readjusted size of US$ 6557 million by 2032 with a CAGR of 4.4% during review period.
In 2025, global Lattice Boom Crane production reached approximately 3,230 units,with an average global market price of around US$ 1,500,000 per unit, and a gross profit margin of approximately 20%-40%. Lattice Boom Crane is a heavy-lifting crane whose primary boom is a pin-connected truss (lattice) structure made of high-strength steel chords and lacings. Compared with telescopic booms, the lattice boom delivers higher stiffness-to-weight efficiency, longer achievable boom lengths, and stronger lifting performance at large radii, but it requires modular transport and on-site assembly. A typical system consists of a carbody/upperworks, slew ring, hoist and boom winches, rope reeving, counterweight, and interchangeable boom/jib sections (main boom, fixed jib, luffing jib, or derrick configurations). Lattice boom cranes are commonly mounted on crawler undercarriages for low ground pressure and jobsite mobility, or on specialized wheeled carriers or offshore pedestals when mobility or marine integration is required. They are engineered around load-moment management, stability, and fatigue life under high duty cycles, and are used where lifts are too heavy, too high, or too far-reaching for conventional mobile cranes.
The lattice boom crane market in 2025 is shaped by “big-lift” demand, project logistics, and the growing dominance of global rental and contractor fleets. Demand concentrates in sectors where lift radius, hook height, and component weights exceed the economical envelope of telescopic mobile cranes: major infrastructure (bridges, metros, viaducts), heavy industrial construction (refineries, petrochemicals, steel), energy transition work (onshore wind tower and nacelle installation, large transformers and generators), and marine/offshore fabrication where long boom systems and luffing configurations improve reach and clearance. Purchasing decisions are increasingly lifecycle-driven—fleet owners prioritize transport split, self-erection speed, standardized boom systems, reliability of winches and hydraulics, and digital load-moment/telematics capabilities that reduce rigging time and improve utilization. Market competition is polarized: premium OEMs differentiate with engineered boom systems, operator assistance, and residual value, while high-volume OEMs compete aggressively on delivery lead times and total cost, particularly in mid-capacity crawler classes. Volatility remains structural because demand follows megaproject cycles and permitting/financing timing in energy and infrastructure; this pushes OEMs to strengthen parts and service networks and to offer upgrade/retrofit packages that keep legacy cranes productive.
This report is a detailed and comprehensive analysis for global Lattice Boom Crane market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lattice Boom Crane market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Lattice Boom Crane market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Lattice Boom Crane market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Lattice Boom Crane market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lattice Boom Crane
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lattice Boom Crane market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Liebherr, Manitowoc, Tadano, Kobelco Cranes, Link-Belt Cranes, Sumitomo Heavy Industries Construction Cranes (HSC), SANY, XCMG, Zoomlion, SENNEBOGEN, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lattice Boom Crane market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lattice Boom Crawlers Cranes
Lattice Boom Wheel Crane
Others
Market segment by Max. Hoist Height
Max Hoist Height: ≤100 m
Max Hoist Height: 100-200 m
Max Hoist Height: ≥200 m
Market segment by Max Lifting Capacity
Max Lifting Capacity < 300 Tons
Max Lifting Capacity 300 -600 Tons
Max Lifting Capacity > 600 Tons
Market segment by Application
Construction
Industrial
Utilities
Others
Major players covered
Liebherr
Manitowoc
Tadano
Kobelco Cranes
Link-Belt Cranes
Sumitomo Heavy Industries Construction Cranes (HSC)
SANY
XCMG
Zoomlion
SENNEBOGEN
KATO WORKS
FUWA Global Heavy Industry
IHI Construction Machinery
Action Construction Equipment (ACE)
Huisman
KenzFigee
MacGregor
NOV (National Oilwell Varco)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lattice Boom Crane product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lattice Boom Crane, with price, sales quantity, revenue, and global market share of Lattice Boom Crane from 2021 to 2026.
Chapter 3, the Lattice Boom Crane competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lattice Boom Crane breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Lattice Boom Crane market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lattice Boom Crane.
Chapter 14 and 15, to describe Lattice Boom Crane sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Lattice Boom Crane. Industry analysis & Market Report on Lattice Boom Crane is a syndicated market report, published as Global Lattice Boom Crane Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Lattice Boom Crane market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.