Top 10 tower crane manufacuters globalley in 2022

The global tower crane market would likely grow at a CAGR of 4.5% during 2022-2027. Tower cranes are extensively used in building projects; the machines are used to lift heavy loads such as concrete and steel. Large devices like generators, motors, and acetylene torches are also moved with the help of tower cranes. Uses of tower cranes include dam construction; bridge construction; civil construction; residential construction; industry, plant, and automation; power plant; railway; marine construction; etc. Asia, North America and Europe are likely to be key markets.

1. Zoomlion | China

Zoomlion has ranked first in global market share of tower crane since 2009, and developed many products that are technologically advanced and popular in the market. The newly-launched R-generation tower crane is equipped with future-oriented digital, green and high-performance innovation technologies. Its leading manufacturing technology and perfect solutions define the world’s first risk-free equipment with global security, which lead the market trend, and are widely recognized. Zoomlion ranks first of top 10 tower crane manufactuers globally by $2.737 billion in 2022.In the field of super large tower crane, Zoomlion

has produced the largest tower crane in the world, the R20000-720 could lift 720 tons on bridge contruction.

2. Xuzhou Heavy Machinery (XCMG) | China

Xuzhou Heavy Machinery (XCMG) now ranks second in the list of top 10 crane manufacturing companies in the world after growing its sales 22% to $1.284 billion in 2022. XCMG also produce one huge tower crane XGT15000-600S, which could lift 600 tons while it was used for bridge contruction.

3. Manitowoc Cranes | United States

Manitowoc Cranes, the only U.S. crane manufacturer in the top 10 list has retained its position as the third largest tower crane maker in the world despite its sales shrinking to $0.87 billion in 2022.

4. Liebherr | Germany

Liebherr Group is a popular supplier of heavy equipment in Europe.Liebherr Group, which is still owned entirely by the Liebherr family, sold $0.64 billion worth of tower cranes in 2022, ranked as fourth of top 10 tower crane makers.

5. Wolffkran | Switzerland

WOLFFKRAN Group is engaged in the construction and use of tower cranes. The company focuses on innovation and technology to contribute to the rapid developments of material handling. The company employs nearly 800 employees across the globe, and offers a variety of trolley jib and luffing jib tower cranes. Specialties include Wippkrane, Turmdrehkrane, Shipyard maintenance, Mietkrane, Tower crane, Crane Components, and Luffing Jib cranes.

6. Yongmao | China

Yongmao Holdings Limited is involved in designing, development and production of a range of tower cranes, components and accessories.  Yongmao specialize at topless tower crane production, and main market focus on developed market.