In 2020, the global tower crane market was worth over 6.6 billion U.S. dollars. By 2028, this market is projected to reach just under ten billion U.S. dollars. Tower cranes are mainly used in the construction industry.
Size of the global tower crane market from 2020 to 2028
(in billion U.S. dollars)
This Statista estimate is based on the 2028 values and the compound annual growth rate from 2021 to 2028 of 4.8 percent, which were provided by the source. An exponential development of the market was assumed.
Values have been rounded.
* Forecast
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Statista. (December 8, 2021). Size of the global tower crane market from 2020 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/
Statista. "Size of the global tower crane market from 2020 to 2028 (in billion U.S. dollars)." Chart. December 8, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/
Statista. (2021). Size of the global tower crane market from 2020 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/
Statista. "Size of The Global Tower Crane Market from 2020 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Dec 2021, https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/
Statista, Size of the global tower crane market from 2020 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/ (last visited December 23, 2024)
Size of the global tower crane market from 2020 to 2028 (in billion U.S. dollars) [Graph], Statista, December 8, 2021. [Online]. Available: https://www.statista.com/statistics/1280652/tower-cranes-market-size-worldwide/
