The rising number of mobile crane market vendors offering fleet management is also triggering the demand for cranes. These services help users gain real-time information pertaining to crane operation and fuel consumption, thus increasing productivity.
Mobile cranes is one of the fastest growing segments in the material handling equipment market as a result of the growing population and migration of people to urban areas has led to an increase in demand for new cities with efficient transport and infrastructure facilities, resulting in a rise in the number of urban infrastructure projects across different countries. This has escalated the demand for mobile cranes. Also, an increased investment in power plant construction is another factor that will help the growth of the global mobile crane market.