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Mobile Hydraulic Cranes Market worth $9.23 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., May 1, 2026 /PRNewswire/ — According to MarketsandMarkets™, the mobile hydraulic cranes market in North America is projected to be valued at USD 8.06 billion in 2026 and USD 9.23 billion by 2029, exhibiting a CAGR of 4.6% during the forecast period.

Browse 150 market data Tables and 70 Figures spread through 249 Pages and in-depth TOC on ‘Mobile Hydraulic Cranes Market – Global Forecast to 2029’

Mobile Hydraulic Cranes Market Size & Forecast:

Market Size Available for Years: 2020–20292026 Market Size: USD 8.06 billion2029 Projected Market Size: USD 9.23 billionCAGR (2026–2029): 4.6%

Mobile Hydraulic Cranes Market Trends & Insights:

Mobile hydraulic cranes are advanced lifting solutions used to lift, move, and position heavy loads efficiently across construction, infrastructure, energy, and industrial applications in North America. These cranes utilize hydraulic systems to generate high lifting force, enabling precise and controlled operations while maintaining mobility across job sites. Unlike fixed lifting equipment, mobile hydraulic cranes are designed for easy transportation, quick setup, and flexible deployment, making them essential for projects requiring dynamic and time-sensitive operations. Mobile hydraulic cranes include a range of equipment such as boom truck cranes, rough terrain cranes, all-terrain cranes, hydraulic truck cranes, and crawler cranes, each designed for specific load capacities, terrain conditions, and operational requirements. These cranes support critical applications such as bridge construction, high-rise building development, wind turbine installation, industrial plant setup, and equipment maintenance.By crane type, the lattice boom crawler cranes segment hold the largest share of the mobile hydraulic cranes market in North America due to superior lifting capacity and other benefits.By country, The US dominates the mobile hydraulic cranes market in North America due to massive infrastructure investments, strong construction and energy sectors, high equipment demand, presence of major OEMs, and a well-established rental market driving continuous crane utilization and replacement demand.

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The mobile hydraulic cranes market in North America is driven by the increasing demand for efficient lifting solutions, project execution reliability, and compliance with stringent safety regulations across construction, energy, and industrial sectors. The rising number of infrastructure development projects, including highways, bridges, and urban construction, along with expanding renewable energy installations such as wind farms, is accelerating the adoption of mobile hydraulic cranes across the region.

Lattice boom crawler cranes segment is expected to account for a major market share in 2026.

Lattice boom crawler cranes are expected to hold a major market share in 2026, primarily due to their high lifting capacity, superior stability, and suitability for large-scale and heavy-duty applications. These cranes are extensively used in major infrastructure projects, including bridge construction, power plants, petrochemical facilities, and wind energy installations, where handling extremely heavy loads over extended periods is critical. The increasing number of large-scale infrastructure and energy projects, particularly in renewable energy such as wind farm installations, is a key factor driving the demand for lattice boom crawler cranes. Their ability to operate efficiently in challenging environments, combined with excellent load-bearing performance and stability on soft or uneven ground, makes them highly preferred for complex and long-duration lifting operations.

Hydraulic truck cranes segment recorded the lowest number of units sold in 2025.

Hydraulic truck cranes witnessed the lowest number of units sold in 2025 in the mobile hydraulic cranes market in North America, primarily due to their limited application scope and increasing competition from more versatile crane types, such as boom truck and rough terrain cranes. While hydraulic truck cranes offer the advantage of highway mobility and ease of transportation, their moderate lifting capacity and relatively higher operational complexity compared with boom truck cranes reduce their adoption for routine construction and utility tasks. The growing preference for cost-effective and highly maneuverable solutions, particularly boom truck cranes, has shifted demand away from hydraulic truck cranes for light- to medium-duty applications.

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Mexico is projected to exhibit the highest CAGR in the mobile hydraulic cranes market during the forecast period.

Mexico is expected to register the highest growth rate in the mobile hydraulic cranes industry in North America during the forecast period, driven by rapid infrastructure development, expanding construction activities, and strong growth in manufacturing and industrial sectors. Increasing government investments in transportation networks, logistics corridors, and urban infrastructure are significantly accelerating the demand for mobile hydraulic cranes.

The report profiles key players such as The Manitowoc Company, Inc., Terex Corporation, Tadano Ltd., Liebherr Group, and Konecranes in the mobile hydraulic cranes companies in North America. These companies have adopted various organic and inorganic growth strategies, such as product launches, acquisitions, partnerships, collaborations, dealer network expansion, and investments in advanced technologies to strengthen their market position.

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MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

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Hexaware and Ashoka Innovators Partner to Support Social Entrepreneurs in India

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Empowering two Ashoka Fellows with financial support, leadership training, and global exposure

MUMBAI, India, Aug. 25, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, today announced a Corporate Social Responsibility (CSR) partnership with Ashoka Innovators for the Public (India), a non-profit organization that supports leading social entrepreneurs addressing complex societal challenges.

Through the partnership, Hexaware will provide grant support to Ashoka for two social entrepreneurs selected through Ashoka’s Fellowship process in India. The fellowship stipends will allow selected Fellows to dedicate their time to developing and expanding sustainable solutions for long-term social change.

Ashoka identifies social entrepreneurs through a rigorous selection process that evaluates the originality of their ideas, entrepreneurial qualities, and potential to address systemic challenges. The Fellowship offers selected Fellows with leadership development, strategic guidance, peer-learning opportunities, and access to a global network of social entrepreneurs and collaborators.

“At Hexaware, we believe businesses have a role to play in contributing to society beyond technology and operations,” said Dr. Ramya Kannan, Vice President & Head – CSR, Hexaware. “Through our CSR initiatives, we support efforts that create opportunities and help strengthen communities. Our partnership with Ashoka allows us to stand behind social entrepreneurs who are working to build solutions that benefit people and society.”

Dr. Shruti Nair, Leader, Ashoka Innovators for the Public, India, said, “We are delighted to partner with Hexaware in supporting social entrepreneurs at pivotal moments in their journeys. The Ashoka Fellowship provides leaders with the freedom, network, and strategic support they need to scale their ideas and create lasting change. Along with these Ashoka Fellows, we hope to strengthen a new generation of changemakers working to build an ‘Everyone a Changemaker’ world.”

The collaboration brings together Hexaware’s commitment to responsible business practices and Ashoka’s experience in advancing social innovation.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

About Ashoka

Ashoka is one of the largest networks of social entrepreneurs, founded on the belief that the most powerful force for change is an idea in the hands of the right person. Through its Young Changemakers program, Ashoka nurtures a generation of youth who are solving social problems with empathy, creativity, and an entrepreneurial spirit.

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/hexaware-and-ashoka-innovators-partner-to-support-social-entrepreneurs-in-india-302859191.html

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Singapore Prepares to Host a Major Week for Offshore Energy as World Offshore Week 2026 Approaches

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SINGAPORE, Aug. 25, 2026 /PRNewswire/ — In just over four weeks, World Offshore Week 2026, part of the FPSO Network, will bring the offshore oil, energy and marine industries together at Singapore EXPO on 23–24 September 2026.

Free to register for industry professionals, the event will welcome 3,000+ participants, 100+ exhibitors and 70+ speakers, with eight free-to-attend exhibition-floor theatres covering offshore oil and gas, marine, renewables, digitalisation and decarbonisation.

With capacity becoming increasingly limited, industry professionals are encouraged to secure their free visitor pass today.

Register for your free World Offshore Week visitor pass

Across two days, discussions will explore vessel demand, shipyard capacity, offshore wind, decommissioning, asset integrity, cybersecurity, AI and decarbonisation.

The programme includes organisations such as PETRONAS, Woodside Energy, Eni, Hibiscus Petroleum, PT PLN, Seatrium, Noble, Hafnia, Cyan Renewables, Cadeler and Wood Mackenzie.

Three Major Industry Events in Singapore

World Offshore Week will be co-located with the 27th Annual FPSO World Congress and Energy 2040, bringing senior energy decision-makers to Singapore EXPO.

The FPSO World Congress will feature leaders from Petrobras, BW Offshore, Yinson Production, SBM Offshore, Hanwha Offshore and PTTEP, including Philip Huizenga, CEO, Carnarvon Energy; Mike McAreavey, CTO, BW Offshore; Bai Li Guo, CEO, Hanwha Offshore; and Markus Wenker, CFO, Yinson Production.

Energy 2040 will convene government, energy, regulatory, utility and LNG leaders to examine Asia’s energy security, affordability and transition.

Joining the programme is Josephine Moh, Senior Vice President and Head of Energy & Renewables, Singapore Economic Development Board (EDB), alongside Peter Govindasamy, Executive Director, Energy Studies Institute; Eugene Toh, Chief Commercial Officer & Assistant Chief Executive (Energy Technologies), Energy Market Authority; Andy R. Elliott, President, ExxonMobil LNG Asia Pacific; and Leong Wei Hung, CEO, Singapore LNG Corporation.

Organisations represented include EDB, Energy Market Authority, Chevron, ExxonMobil LNG Asia Pacific, Singapore GasCo, Singapore LNG Corporation, Cheniere Energy and JERA.

Together, the three events will bring the offshore and energy value chain to Singapore this September.

Secure your free visitor pass today

Find out more about World Offshore Week 2026

About World Offshore Week

World Offshore Week is Asia’s leading platform for the offshore oil, energy and marine sectors, connecting operators, EPCs, shipowners and technology providers.

The 2026 edition features eight exhibition-floor theatres and is co-located with Energy 2040 and FPSO World Congress.

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SOURCE FPSO Network

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Hollyland to Unveil New Solutions for Live Production and Content Creation at IBC 2026

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Highlights

Hollyland to showcase new solutions for professional live production and content creation at IBC 2026 Booth 11.C28.Pyro 7 Ultra combines professional monitoring and wireless video transmission in one monitor.Argus X1 brings switching, recording, monitoring, and streaming into one live production system.Solidcom C1 Air and Solidcom SE 2 expand Hollyland’s wireless intercom lineup.New creator solutions include the LARK A2 and LARK M3 wireless microphones and the VenusLiv Air 2 streaming camera.

AMSTERDAM, Aug. 25, 2026 /PRNewswire/ — Hollyland, a global provider of professional wireless audio and video solutions, is set to introduce new solutions for professional live production and modern content creation at IBC 2026. From September 11 to 14, 2026, the company will showcase its expanded ecosystem at Booth 11.C28 in the RAI Amsterdam convention center, where visitors can explore its newest technologies and products scheduled for release later in 2026.

Expanding Live Production Portfolio

Hollyland continues to expand its product range with new solutions for professional production and content creation. At IBC 2026, the company will introduce new solutions for professional live production, designed to help production teams work more efficiently, reliably, and seamlessly in demanding environments. The new lineup includes the Pyro 7 Ultra professional wireless monitor, Argus X1 all-in-one live production switcher, and Solidcom C1 Air and Solidcom SE 2 intercom systems.

The Pyro 7 Ultra, launching on September 3, brings professional monitoring and wireless video transmission together in one 7-inch monitor. Professional productions have traditionally relied on separate wireless transmission systems and standalone field monitors, with additional cables between devices and separate power sources for each device. The Pyro 7 Ultra can serve as an on-camera monitor and transmitter, or as a handheld monitor and receiver for mobile viewing. Its QD-LCD display delivers exceptional color accuracy, with each unit factory-calibrated via Calman® to achieve a ΔE <1.5. Users can also recalibrate the display with the Hollyland Color Calibrator to maintain color accuracy over time. The system also offers 20ms latency, 1km transmission, unlimited receivers, 4K60 video transmission, and TWiFi technology.

Also debuting is Argus X1, an all‑in‑one live production switcher slated for release in December. Argus X1 consolidates switching, monitoring, recording, streaming, and content delivery into a single device. A 10.1‑inch FHD touchscreen provides intuitive control, while 4K60 video I/O and support for three Hollyland wireless transmitters expand its flexibility across multi‑camera workflows. Built‑in streaming, ISO recording, MultiView, and connectivity options including Wi‑Fi 6, 4G, and Gigabit Ethernet make Argus X1 a central hub within the Hollyland production ecosystem.

Two new intercom systems will also be introduced during the event. Solidcom C1 Air features an open‑ear design, a 42g headset, 300m wireless range, and dual‑microphone ENC for clean dialogue. Solidcom SE 2 adds intelligent frequency hopping, a 123g build, 20 dB ENC, 3.5mm audio I/O, and up to 10 hours of runtime, delivering stable performance for field and studio teams.

Empowering Modern Content Creation

Hollyland is also expanding its creator‑focused audio lineup with several new tools designed for modern podcasting and production. LARK A2, arriving in early September, offers 48 kHz/24‑bit recording, three‑level AI noise cancellation, a 200m range, and an 8.5g transmitter. Quick charging, AI power saving, intuitive controls, and a –6 dB safety track support dependable on‑the‑go capture.

Launching on September 22, the LARK M3 introduces flexible multi‑person recording with support for four transmitters and four receivers. It provides four‑track independent recording, 48 kHz/32‑bit float audio, vocal presets, 300m transmission and up to eight hours of use on a single charge. The LARK M3 is well suited for podcasts, interviews, video conversations, and multi-person content creation.

Rounding out the lineup, the VenusLiv Air 2 will arrive in November with 4K60 UVC streaming and SAR AI Tuning 2.0, while maintaining the core performance of the VenusLiv Air.

During IBC 2026, Hollyland will host Roll & Win giveaways from September 11–14. Visitors can participate for a chance to win Hollyland’s products and other prizes. On September 11, the company will unveil its new products, followed by an anniversary celebration that evening. Meanwhile, all showcased solutions will be available for hands‑on experience at Booth 11.C28 throughout the exhibition.

About Hollyland

Hollyland is a leading provider of wireless products, specializing in wireless intercom systems, video transmission systems, monitors, wireless microphones, and live streaming cameras. Since 2013, Hollyland has been serving millions of users around the world in various fields, including filmmaking, telecasting, video production, live events, exhibitions, theaters, houses of worship, and content creation. It has built a sales network covering approximately 160 countries and regions, supported by regional teams and offices worldwide. For more information, please visit https://www.hollyland.com/, Hollyland Facebook, and Hollyland Instagram.

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