Top 10 crane manufacturers
10. Palfinger | Austria
Palfinger AG is an Austrian manufacturer of hydraulic lifting, loading and handling systems, especially known for its range of cranes.
9. Manitowoc Cranes | United States
Manitowoc Cranes, the only U.S. crane manufacturer in the top 10 list has retained its position as the ninth largest crane maker in the world despite its sales shrinking to $1.44 billion in 2020, down from $1.83 billion in 2019.
8. Tadano | Japan
Tadano Ltd. is the largest Japan-based manufacturer of cranes and aerial work platforms, with sales of $1.61 billion in 2020 down from $2.13 billion in 2019.
7. Cargotec | Finland
Cargotec Oyj is a Finnish corporation that specializes in the manufacture of cargo-handling machinery for ships, seaports, terminals and local distribution.
6. Sany | China
Sany Heavy Industry Co. Ltd is now the sixth largest crane manufacturer in the world after growing its sales 57% to $3.43 billion in 2020 up from $2.09 billion in 2019.
5. ZPMC | China
ZPMC Shanghai Zhenhua Heavy Industries Co. Ltd. is a world leader in manufacturing and delivery of port equipment with over 20 overseas offices – dominating the ship-to-shore and yard gantry container crane market.
4. Konecranes | Finland
Based in Hyvinkää, Finland, Konecranes is the fourth largest crane maker in the world with 2020 sales of $3.68 billion down from $3.84 billion the previous year.
3. Liebherr | Germany
Liebherr Group is a popular supplier of heavy equipment in Europe.
The German company, which was founded in 1949, produces a wide range of excavators, cranes, wheeled loaders, telescoping handlers, and dozers.
2. Zoomlion | China
Chinese multinational Zoomlion Heavy Industry Science and Technology Co., Ltd is officially second in the list of top 10 crane manufacturers after growing its crane sales 58% to $5.5 billion in 2020 from $3.3 billion in 2019.
1. Xuzhou Heavy Machinery (XCMG) | China
Xuzhou Heavy Machinery (XCMG) now ranks first in the list of top 10 crane manufacturing companies in the world after growing its sales 74% to $5.66 billion in 2020 from $3.11 billion the previous year.
