Australia Crane Market

Australia Crane Market Overview:

The Australia crane market size reached USD 616.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,057.7 Million by 2033, exhibiting a growth rate (CAGR) of 5.72% during 2025-2033. Infrastructure development, mining activities, commercial construction, renewable energy projects, and government investments are some of the factors propelling the growth of the market. Urbanization, demand for high-rise buildings, and adoption of advanced lifting technologies also support market growth, alongside the increasing need for efficient material handling and operational safety.

Australia Crane Market Trends:

Increased Demand for Heavy-Lift Cranes in Infrastructure Projects

The Australia crane market is witnessing a growing demand for high-capacity crawler cranes, particularly in response to the surge in large-scale infrastructure developments such as port expansions. With multiple coastal upgrades underway, there is a greater need for machines that offer enhanced lifting performance, precision, and reliability in complex environments. High-tonnage crawler cranes are increasingly favored for their ability to support continuous operations in challenging construction settings, especially where reach and stability are critical. The use of advanced lifting equipment is becoming more prominent as project timelines tighten and safety standards rise. Offshore logistics, material handling, and foundation work are among the key areas driving this shift. This shift also signals stronger integration of imported heavy-duty crane models that meet stringent Australian compliance standards while offering the versatility required in high-value infrastructure construction across the country. For example, in April 2024, SANY delivered two brand-new crawler cranes, SCC3200A-1 and SCC2000A, to Australia for participation in expanding port construction projects.

Broader Equipment Lineups Catering to Specialized Lifting Needs

In Australia, the crane market is seeing an expansion in hydraulic crawler crane offerings to address increasingly complex construction and infrastructure demands. Manufacturers are introducing newer models across varying lifting capacities, reflecting the growing preference for machines tailored to specific job site requirements. The introduction of multiple models within a single series indicates a focus on scalability and operational flexibility. These cranes typically feature improved fuel efficiency, advanced control systems, and easier maintenance—key factors for contractors aiming to reduce downtime and improve cost-effectiveness. The rollout of machines with varying capacities, from mid-range to high-tonnage, allows operators to better match equipment to the scale of each project, whether in urban developments, energy projects, or transport infrastructure. This shift highlights an industry-wide move toward providing precision-engineered solutions that align with the evolving needs of Australia’s construction sector. For instance, in December 2023, Kobelco Construction Machinery launched three new G-4 series hydraulic crawler cranes, i.e., CKE900G-4, CKE1350G-4, and CKE2500G-4, enhancing its product lineup for the Australian market.

Australia Crane Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product type and application.

Product Type Insights:

• Mobile Cranes
• Marine and Port Cranes
• Fixed Cranes

The report has provided a detailed breakup and analysis of the market based on the product type. This includes mobile cranes, marine and port cranes, and fixed cranes.

Application Insights:

• Construction and Infrastructure
• Mining
• Oil and Gas
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes construction and infrastructure, mining, oil and gas, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Crane Market News:

• In October 2024, Franna, a key player in Australia’s crane market, was the platinum sponsor at the 2024 CICA National Conference held in Adelaide from 17–19 October. The company showcased its latest models, i.e., the AT40 Series 2 and MAC25 Series 5, highlighting upgrades in power, safety, and efficiency. This move reinforced Franna’s leadership in pick-and-carry cranes and its focus on setting higher performance standards in the Australian market.

Australia Crane Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia crane market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia crane market on the basis of product type?
• What is the breakup of the Australia crane market on the basis of application?
• What are the various stages in the value chain of the Australia crane market? 
• What are the key driving factors and challenges in the Australia crane?
• What is the structure of the Australia crane market and who are the key players?
• What is the degree of competition in the Australia crane market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia crane market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia crane market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia crane industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.