According to our (Global Info Research) latest study, the global Service Truck Crane market size was valued at US$ 404 million in 2025 and is forecast to a readjusted size of US$ 541 million by 2032 with a CAGR of 4.3% during review period.
A service truck crane refers to a type of vehicle - mounted crane that is designed to provide lifting and handling services in a wide range of applications. It combines the mobility of a truck with the functionality of a crane. The crane is usually mounted on the chassis of a truck, allowing it to be easily transported to different job sites. Service truck cranes are equipped with a telescopic or articulating boom that can extend and retract to reach various heights and distances. They are used for tasks such as loading and unloading heavy equipment, materials, or machinery at construction sites, in warehouses, during road maintenance, or for emergency response situations like lifting and moving debris. The lifting capacity of a service truck crane can vary depending on its design and intended use, and it often comes with safety features and controls to ensure the proper and safe operation of the lifting mechanism.
In 2025, global Service Truck Crane production reached approximately 16,375 units, with an average global market price of around K US$ 24 per unit.
The supply chain of service truck crane forms a demand-driven, tightly interlinked collaborative loop centered on lifting stability, structural reliability and operational safety: upstream provides core raw materials, key functional components and auxiliary accessories, including high-strength structural steel, lifting mechanisms (booms, hooks), hydraulic systems, power transmission components, control systems, truck chassis and safety accessories (load limiters, anti-tilt devices), which directly determine the crane’s lifting capacity, operational flexibility, load-bearing stability and service life; midstream undertakes targeted R&D design (matching chassis compatibility and lifting scenario demands), integrated assembly (combining crane systems with truck chassis), precision debugging and performance testing (load-bearing capacity, boom flexibility, safety system response), converts upstream supplies into finished service truck cranes that meet industry operation standards, and optimizes product structure and performance according to downstream feedback on lifting efficiency, adaptability to complex working conditions and maintenance convenience; downstream covers engineering construction operators, municipal engineering departments, logistics & transportation enterprises and emergency rescue institutions, as well as professional sales and after-sales service channels.
The cost structure of service truck crane presents a hierarchical distribution dominated by core functional components and chassis, with cost allocation closely tied to lifting capacity, structural configuration and technical performance: the largest proportion comes from core lifting system and truck chassis costs, including integrated lifting booms, high-pressure hydraulic systems and dedicated truck chassis, which are the core of the product’s lifting function and mobility, with high technical thresholds and accounting for over 60% of total cost; followed by key auxiliary component and raw material costs, such as high-strength structural steel for booms, precision control systems, safety protection devices and wear-resistant accessories, which affect the product’s operational stability and safety performance; in addition, there are production assembly and performance testing costs, relying on professional assembly lines, precision system debugging and multi-round load-bearing, safety and stability tests to ensure compliance with lifting operation standards; the rest includes R&D design costs (optimization of boom folding structure and load distribution), logistics & packaging costs (protecting precision components during transportation), and after-sales supporting costs (accessory reserves and maintenance technical guidance).
This report is a detailed and comprehensive analysis for global Service Truck 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 Service Truck Crane market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Service Truck Crane market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Service Truck Crane market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2021-2032
Global Service Truck Crane market shares of main players, shipments in revenue ($ 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 Service Truck 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 Service Truck 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 Stellar, Auto Crane, Palfinger, Maintainer, SpitzLift, Liftmoore, Tiger Cranes, HIAB, Summit Truck Bodies, JOMAC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Service Truck 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
Electric
Hydraulic
Market segment by Boom Structural Form
Folding-arm Service Truck Crane
Straight-arm Service Truck Crane
Market segment by Rated Lifting Capacity
Light-duty Service Truck Crane
Medium-duty Service Truck Crane
Heavy-duty Service Truck Crane
Market segment by Application
Mining
Construction Site
Others
Major players covered
Stellar
Auto Crane
Palfinger
Maintainer
SpitzLift
Liftmoore
Tiger Cranes
HIAB
Summit Truck Bodies
JOMAC
Maxilift
National Crane
IMT (Iowa Mold Tooling)
Venco Venturo
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 Service Truck Crane product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Service Truck Crane, with price, sales quantity, revenue, and global market share of Service Truck Crane from 2021 to 2026.
Chapter 3, the Service Truck Crane competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Service Truck 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 Service Truck 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 Service Truck Crane.
Chapter 14 and 15, to describe Service Truck Crane sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Service Truck Crane. Industry analysis & Market Report on Service Truck Crane is a syndicated market report, published as Global Service Truck Crane Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Service Truck Crane market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.