Research Summary
Luffing jib tower cranes are specialized construction cranes commonly used in urban or confined job sites where space is limited. Unlike other types of tower cranes, luffing jib cranes feature an adjustable jib arm that can be angled or “luffed” to maintain a compact footprint and avoid obstructions like nearby buildings or power lines. This unique feature allows the crane to operate in tight spaces while still providing a high lifting capacity. Luffing jib tower cranes are typically used for high-rise construction projects, where their ability to reach over tall structures and maneuver in constrained areas is crucial. They are equipped with robust lifting mechanisms, advanced control systems, and various safety features to ensure efficient and secure lifting operations. Luffing jib tower cranes play a vital role in the construction industry, enabling the vertical development of buildings in densely populated areas and maximizing productivity in challenging working environments.
According to WENKH research statistics, the global Luffing Jib Tower Cranes market size will reach 223.94 Million USD in 2025 and is projected to reach 257.59 Million USD by 2032, with a CAGR of 2.02% (2025-2032). Among them, the Asia-Pacific Luffing Jib Tower Cranes market is undergoing rapid changes, reaching Million USD in 2025, accounting for approximately % of the global market share. It is projected to reach Million USD by 2032.
The global Luffing Jib Tower Cranes market is highly competitive, with key market players including Zoomlion, SCM, Fushun Yongmao, XCMG, DAHAN, Manitowoc, Liebherr, WOLFFKRAN, FAVCO, Terex, HKTC, etc. This report categorizes the competitive landscape of the global Luffing Jib Tower Cranes market into three tiers based on annual revenue, with the top three market players holding approximately % of the total market share.
This report provides an in-depth analysis of the global Luffing Jib Tower Cranes market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Luffing Jib Tower Cranes industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Luffing Jib Tower Cranes and their downstream application fields.
In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.
The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the revenue and sales volume of Luffing Jib Tower Cranes in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Luffing Jib Tower Cranes market. By considering local policies, this report evaluates the market prospects of Luffing Jib Tower Cranes in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.
This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.
Companies Covered
Zoomlion
SCM
Fushun Yongmao
XCMG
DAHAN
Manitowoc
Liebherr
WOLFFKRAN
FAVCO
Terex
HKTC
Product Segment
Load Capacity <30 t
Load Capacity 30-50 t
Load Capacity >50 t
Product Application
High Rise Buildings
Bridge Building
Others
Chapter Scope
Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects
Chapter 2: Global Luffing Jib Tower Cranes Industry Chain Analysis
Chapter 3: Global Luffing Jib Tower Cranes Industry Environment Analysis and Porter's Five Forces Analysis
Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global Luffing Jib Tower Cranes Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)
Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Sales Volume, Product Average Price, Product Gross Profit Margin and Geographical Sales Share)
Chapter 6: Global Luffing Jib Tower Cranes Product Segment, Downstream Application and Major Regional Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 7: North America Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 8: Europe Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 9: China Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 10: Asia Pacific (excluding China) Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 11: Latin America Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 12: Middle East and Africa Luffing Jib Tower Cranes Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)
Chapter 13: Research Conclusion
Chapter 14: Methodology and Data Source
Purpose and Value of the Report
Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.
Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.
Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.
Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.
Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.
Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.