The European tower crane market over the past three years presented a complex and evolving landscape, shaped by a confluence of post-pandemic recovery dynamics, significant geopolitical events impacting construction activity, and distinct regional economic trajectories. While aggregate figures for Europe suggested growth in certain periods, a deeper analysis reveals a more nuanced reality, particularly when excluding the extraordinary demand from Turkey following earthquake reconstruction efforts in 2023. Core European markets experienced varied conditions, with some facing headwinds from economic slowdowns and high interest rates. Key market drivers included sustained investment in infrastructure and a burgeoning renewable energy sector, demanding specialized and often higher-capacity cranes. Conversely, challenges such as volatile material costs, particularly for steel, persistent supply chain disruptions, and skilled labor shortages exerted considerable pressure.

This report focuses specifically on tower cranes, aiming to provide an overview of trends affecting price and demand for this type of equipment. The report draws insights from industry articles and market research, as well as from the comprehensive sales data of Ritchie Bros. auctions, IronPlanet and listing data from Mascus online marketplace.

The 2025 edition utilizes data and market trends from the three previous years.

CONTENTS
03 Introduction
04 Tower Crane Market
05 Popular Brands and Models
06 Price and Sales Trends
07 Buy or Rent a Tower Crane
08 Tower Crane Resale: Cost and Considerations
09 Buyer Demographics and Geographical Distribution
10 Tower Crane Components
11 Lifespan and Safety Aspects
12 Asset Valuation Curves