The Indian construction industry is utilizing tower cranes for high-rise building construction, as they can lift heavy loads and reach great heights. Manufacturers like ACE, Liebherr India, and Alpha Cranes are improving safety features to reduce disruptions and accidents.
The Indian tower crane market is shifting towards value-engineered and higher-capacity products for specialized construction projects. Manufacturers are introducing specialized concepts like electric hydraulic luffing cranes, leading to higher business segmentation and maturity. The market for specialized electric hydraulic luffing cranes increased from 30-35 units in 2022 to 60+ units in 2023.
Safety at construction sites is crucial, and identifying root causes is key. OEMs and contractors should employ skilled operators, as most accidents occur due to operator errors, and operator training can reduce accidents by 25-30%. Action Construction Equipment (ACE) reports a growing demand for tower cranes in India, with a 68% market share.
The company caters to both major infra development projects and small housing clusters, offering 1.6, 2.5, and 5-ton cranes. ACE offers stationary and mobile cranes, including anchorage cranes, designed for efficient lifting and slewing at freestanding heights. Operators are trained in weathervaning, allowing for weathervaning in coastal areas or high wind velocity. ACE tower cranes have never experienced an accident.
ACE offers stationary and mobile cranes, including anchorage cranes, designed for efficient lifting and slewing at freestanding heights. Operators are trained in weathervaning, allowing for weathervaning in coastal areas or high wind velocity. ACE tower cranes have never experienced an accident.
Tower Crane Market: ACE, Liebherr India & Alpha Cranes
The global tower crane market is witnessing significant growth, driven by rapid urbanization, infrastructure development, and the increasing demand for high-rise buildings. In India, the industry is highly competitive, with key players like Action Construction Equipment (ACE), Liebherr India, and Alpha Cranes shaping the market with innovative solutions and advanced lifting technologies.
Market Overview & Growth Trends
The tower crane industry is experiencing steady expansion due to the rising need for efficient construction equipment in residential, commercial, and industrial projects. Government initiatives like Smart Cities Mission and large-scale infrastructure projects, including metro rail expansions and highway constructions, are further fueling demand.
Technological advancements such as IoT-enabled crane monitoring, automation, and hybrid power sources are revolutionizing the industry, making cranes more efficient, safe, and environmentally friendly.
Key Players in the Market
1. Action Construction Equipment (ACE)
ACE is one of India’s leading construction equipment manufacturers, offering a diverse range of tower cranes suited for various construction needs. Known for its cost-effective solutions and strong after-sales support, ACE has cemented its position in the domestic market.
- Strengths: Affordable pricing, wide service network, and tailored solutions for Indian to all of them soon construction projects.
- Innovation: Focus on smart technology integration and energy-efficient designs.
A subsidiary of the global giant Liebherr, Liebherr India brings German engineering excellence to the Indian market.
The company is renowned for manufacturing high-performance tower cranes with superior lifting capacity and precision. Liebherr’s cranes are widely used in Strengths: energy solutions mega infrastructure projects such as metro rail construction, bridges, and high-rise buildings.
- Strengths: Advanced technology, high durability, and premium quality.
- Innovation: IoT-enabled remote crane monitoring, enhanced safety systems, and AI-powered load management.
- Alpha Cranes is rapidly gaining recognition as a key innovator in the tower crane industry. The company focuses on delivering customized, high-capacity cranes with advanced automation features. Alpha Cranes is known for its emphasis on safety, reliability, and environmentally sustainable solutions, making it a preferred choice for modern construction projects.
Group Media Publication
Construction, Infrastructure and Mining
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