Tower Crane Market

Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)

The Tower Cranes Market was valued at USD 5 Billion in 2020 and is expected to reach USD 7 Billion by 2026, registering a CAGR of 6% during the forecast period.

The Covid-19 pandemic had a negative impact on the Tower Cranes Market due to the stringent lockdown and social distancing norms set across the world. Amid the lockdown situation, construction activities across majority of the countries were halted , which in turn hampered the demand for tower cranes. Also, with the restriction on global transport, heavy-duty tower cranes commonly used in handling port cargo, have also lost the demand in the market in 2020.

The global tower crane market is growing due to increased urbanization, tower cranes’ outstanding stability, and increased investment in renewable energy development. The surge in demand for prefabricated buildings to be erected on construction sites, due to the faster construction completion, is another major area that requires heavy-duty construction cranes, which is further expected to increase the demand for tower cranes.

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Tower Cranes Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)

Key Market Trends

The 5T and 10T Lifting Capacity Segments Lead the Market

With the rapid urbanization, the need for tower cranes is expected to increase during the forecast period. The 5T and 10T lifting capacity cranes are expected to be the most used type in construction activity, due to the broad spectrum of uses these cranes can offer. Also, most of the material that needs lifting from the crane falls under this category and has also led to these segments leading the market with about half of the total market share in 2020.

The availability of different designs for this lifting capacity category has attracted a lot of interest and attention from potential buyers and contractors of different agencies and countries. The increased demand for these machines in several sectors like energy, oil, and gas, and port-material handling requirements is another major advantage for this category of cranes.

Also, the high tip hoisting capacity offered by the 10T capacity cranes is an attractive characteristic for buyers looking for heavyweight hoisting up over huge heights

The lower emissions from these cranes and the ease of usage in terms of adding and removing the crane bars for the flexible height of the crane is another advantage.

Asia Pacific Is The Leading Market

Asian countries are primarily driving =the demand for tower cranes due increase in infrastructure development activities and the development of high-rise commercial and residential projects across Asia-Pacific. Several infrastructure developments being undertaken by governments and many other private firms have been a major driving force to increase the demand for tower cranes. Singapore, for instance, has a huge infrastructure development program initiated by the government, which is another contributing factor to the demand for tower cranes.

India is also witnessing multiple infrastructure development investments from the government, which can be a factor for the requirement of tower cranes of various tonnages and lifting capabilities across the country. These machines’ heavyweight lifting capacities, as compared to other conventional options, will boost their use, particularly in urban construction activities.

The growing regional population and fast urbanization will necessitate efficient infrastructure, housing, and structures.

Competitive Landscape

Key market players in the tower crane market include Manitowoc Company, Inc., SANY Global, Sarens n.v./s.a., Action Construction Equipment Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., Terex Corporation, Liebherr-International AG, and XCMG Group. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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Blades for the Energy Conservation

Completed an awesome training experience recently in Matamoros, officially known as Heroica Matamoros Mexico.

Crews Crane Training International, Inc. provided overhead crane and rigging training to many of the employees who help build the large 81 meter wind blades.

TPI Composites are a leading wind-blade manufacturer and the only independent wind blade manufacturer with a global footprint. The wind blades that they manufacture support the decarbonization of energy production, provide significant reductions in greenhouse gas (GHG) emissions, and help mitigate climate change. The wind blades they produced from 2016 to 2020 have the potential to reduce more than 1.2 billion metric tons of CO2 over their average 20-year life span. This is equivalent to the use of more than 200 million homes’ electricity use for one year in the U.S.

Looking forward to 2022 when CCTI returns to provide more training and overhead crane inspections. Thank you very much to all the security, employees, and guide while in Brownsville, Texas and Matamoros. TPI was very safe, everyone was vaccinated, we wore mask at all times. The breakrooms were sectioned off so immediate contact. I felt very safe in Mexico and at the world class facility. This location is top notch fabrication and very clean!!!

Below are a few of the pictures during the time on the floor performing overhead crane training.

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Material Handling at its Best

Just returned from a great week in Staunton, Virginia. What a beautiful part of the country. Was welcomed by a company called Homestead Material Handling. Forklift Sales, Rentals, Service & Parts Dealers in Virginia. Their Mission Statement: We are a professional material handling equipment distributor dedicated to solving our customer’s needs by selling, installing, and applying superior products. We meet customer expectations by the most efficient application of our services. Our goal is to do it right the first time, on time, every time.

Provided training to several branch service technicians. You can count on a very certified overhead crane inspection when working with Homestead Material Handling. When in the Virginia area and you have overhead cranes, contact Homestead Material Handling for you service, repairs and OSHA required inspections.

During the training had the opportunity to take a few snaps of the technicians taking apart electric and manual hoist. Lots of learning on how to set gaps on load brakes and electric brakes. How to take apart a hoist and what to replace. Using chain gauges, sheave gauges, calipers, and feeler gauges were all required to complete this course and demonstrate the gaps setting points. All of the technicians demonstrated a thorough knowledge of both mechanical and electrical theory.

Congratulations to the newest 6 Overhead Crane Inspectors for the State of Virginia area.

Thank you David Sorrells and Paul Gladwell for your hospitality and providing us all with a great place to provide training, laughs, and learning.

Hope to see you again soon.

Joe Crews CCTI, Inc. (336) 337-1043

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NC Aggregates

2021 NC Mine Safety & Health Conference

September 8 @ 10:00 am – September 10 @ 12:00 pm Harrah’s Cherokee 777 Casino Drive Cherokee, NC United States

NC Aggregates Mission Statement

Promoting the environmentally sound, responsible and economically viable extraction of crushed stone, sand, and gravel for use in all types of construction for public benefit and for positive statewide economic development.

Come visit the booths and meet great speakers and topics.

For your material handling needs and products related to cranes, hoists, slings, below the hook lifting devices, OSHA required training, MSHA required training.

Plus, this year CCTI is providing detail information pertaining to Vehicle Scales, systems and service by Carlton Scale (Carlton Industrial Automation). Your Mettler Toledo Premier Distributor

Booth is set up and waiting to see you on Thursday morning, come by and say Hi to Joe and Robin Crews. Don’t forget to tell Robin Happy Birthday!!!

Contact us at

Joe Crews @ (336) 337-1043 or

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Jib Crane on wooden block

Provided a Fall Protection class last week for a new customer.

While standing in the classroom, I look down and what do I see?

Someone bought a jib crane, put on a hoist and mounted it on pieces of wood.

I asked them if they had ever heard of footings in concrete???

The things you see and what people do when they don’t see professionals.

And the best part is Fastenal did the inspection.

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Wire rope inspection

Questions for anyone who have a hoist that uses wire rope.

1-How often are you required to inspect your wire rope?

2-What is the rejection criteria?

3-Do you inspect you own wire rope or hire a trained contractor?

Below is a discovery of a wire rope during the Periodic Inspection.

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Mobile Crane Boom Truck Operators

Congratulations to the employees who not only braved the rigorous 3 days of mobile crane training, but also had to endure the large tornado and storm. Thank you to these employees who keep our water and waste water in each town.

Yes, these employees stuck with it even with a tornado touching down during the storm named ELSA. High winds, spotted tornado, rain and lots of rain could not stop the new crane operators from completing their practicals.

During the refresher portion for the previous qualified operators they only saw some winds and rain, but kept up the spirit of CAN DO!!!

Congratulations to all the employees who got their qualification and re-qualification and Boom Truck Mobile Crane Operators.

#mobilecrane #training #craneoperator #osha

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Are you ready for Flagger Training???

Tomorrow is an exciting day for some individuals. All week long we have the opportunity to provide Work Place Flagger Training in Charleston, South Carolina.

What is it we need to know as a Flagger?

The primary function of traffic control procedures is to move vehicles and pedestrians safely and expeditiously through or around temporary traffic control zones while protecting on-site workers and equipment.

If you need flagger training, contact us at CCTI for the 4 hour or 8 hour or 3 days training to comply with OSHA 29 CFR 1926 Part G regulations and Manual on Uniform Traffic Control Devices (MUTCD) 2009 Edition.

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Powered Industrial Truck Training

What started out as meeting a new customer to perform their Periodic Overhead Crane Inspection to meet their OSHA requirements has turned into a great training opportunity. At a place called Landmark Coatings, Mark contacted us after sending his inspection packet for some training? Asking for Fork lift training and could we accomplish in a timely fashion? The answer was YES we can and completed that on this past Friday.

The owner Mark Campbell takes Safety as #1. Even though all four of the employees were previously trained, there were improvements made on their inspection process, equipment upgrades, and even a suggestion to battle with the rain when used outdoors. It was a great all hands involvement from the owner to each individual in the class. One of the highlights of the day was that Mark also attended the training and participated.

Thanks Mark for allowing CCTI to provide you with PIT training. Mark’s company is top notch and has some rather large equipment in the shop. I think anything you want to blast or clean, he can accommodate. Give him a call.

For anyone needing items ranging from automobile wheels, vehicle parts, large and small industrial steel blasted and cleaned, Landmark Coatings can provide that service.

  • Abrasive blasting (like sandblasting, but with a different kind of abrasive grit).
  • Bake-cleaning
  • Shot blasting
  • Shot peening

Landmark Coatings has multiple machines large and small that blasts, cleans and tumbles to prepare items for the powder coating process.

Landmark Coatings located at 933 Danner Road Mocksville, NC 27028 (336) 909-2069 Email:

#blasting #mocksville #training #forklift


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When one of your favorite customers contact you and asked you about assisting them with their fall protection program and how they can make it successful; you know your about to spend some quality time with a great company.

Companies that care about their employees safety and their companies fall protection program is so important. There are so many things to consider with fall protection. Fall protection is one of the leading causes for fatalities in the workplace.

CCTI provided guidance to users on the need for proper fall protection. Illustrated fall protection systems. Helped employees familiarize the proper use of fall protection equipment. Assisted in the proper selection, care, use and inspection of the fall protection equipment.

All students donned the equipment and assisted each other in the selections.

During the walk around in this top notch facility, we observed the ladders, railways, steps and possible opportunities to engineer and reduce the opportunity for slips, trips and falls.


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