Crane Mats Market Size - By Type (Oak Timbers, Hardwoods, Plastic, Steel), By Application (Temporary Roadways, Bridge Decking, Excavation Support, Pipeline Construction), Growth Opportunities & Forecast, 2023 – 2032

Crane Mats Industry Analysis

Crane Mats Market size surpassed USD 695 Million in 2022 and is anticipated to expand at 4.5% CAGR from 2023 to 2032. Industrial and manufacturing sector contribute to the industry growth, as these sectors rely heavily on cranes and heavy equipment for their operations. Crane mats provide a stable foundation for these activities, ensuring safety and efficiency. As industrialization and manufacturing sectors expand globally, the product demand increases to support the installation, operation, and maintenance of heavy machinery.
 

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The transportation of heavy equipment is a significant driver for the crane mats sector. Crane mats play a crucial role in providing temporary roadways and supporting the weight of oversized loads during transportation. These mats distribute the load and protect the ground, ensuring smooth and safe transportation of heavy equipment, such as wind turbines, transformers, and construction machinery. The growth in heavy equipment transportation activities directly drives the industry demand for crane mats.

High initial costs serve as a restraint for the crane mats market. The expense associated with manufacturing or purchasing crane mats can pose a significant barrier for potential buyers or companies looking to invest in this equipment. This can deter some customers from adopting or expanding their use of crane mats, particularly if they perceive the costs to outweigh the benefits or if they have budgetary constraints. The high initial costs restrain the market by limiting the customer base and potentially slowing down the overall business development.
 

COVID-19 Impact

The COVID-19 pandemic initially disrupted the crane mats industry due to temporary halts in construction activities and disrupted supply chains. Construction projects were delayed or postponed, directly impacting the demand for crane mats. Additionally, disruptions in the global supply chain affected the availability and delivery of crane mats.
 

Crane Mats Industry Trends

Advancements in technology are impacting the crane mats market. Manufacturers are integrating sensors and monitoring systems into crane mats to provide real-time data on weight distribution, load-bearing capacity, and mat stability. This allows for improved safety, efficiency, and predictive maintenance. The digital platforms and software applications are being developed to optimize the selection, deployment, and management of crane mats.
 

Customers are increasingly seeking customized crane mat solutions that cater to specific project requirements. Manufacturers are offering modular mats that can be easily connected or interlocked to form larger platforms, enabling flexibility in configuration and adaptability to varying project needs. Customization and modular solutions enhance efficiency, reduce costs, and optimize resource utilization.
 

Crane Mats Type Segmentation

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Oak timbers crane mats market crossed a valuation of USD 355 Million in 2022 and is poised to attain 4.9% gains between 2023 and 2032. The trend of increased product requirement in construction and industrial sectors is driven by their durability, strength, and load-bearing capacity, making them ideal for heavy machinery support. Oak Timbers' natural resistance to decay, pests, and weathering ensures their longevity in demanding applications.
 

In the hardwoods segment, there is a shift towards the use of natural and sustainable materials, with a focus on responsibly sourced hardwoods. Advanced preservation techniques are being applied to extend the lifespan of hardwood mats, which are valued for their strength, durability, and resistance to environmental conditions.
 

The plastic product type, there is a growing lightweight and durable crane mats market demand. Plastic mats offer advantages such as easy handling, corrosion resistance, and a long lifespan. The industry is seeing advancements in plastic composite materials, which provide improved load-bearing capacity and enhanced structural integrity. These developments are driving the increasing espousal of plastic mats in construction and industrial applications.
 

The steel crane mats industry is characterized by the need for heavy-duty and high-load capacity mats. Steel mats are known for their exceptional strength and durability, making them suitable for supporting heavy machinery and equipment. The sector is witnessing innovations in steel mat design, including the development of interlocking systems and enhanced surface coatings to improve stability and prevent slippage.
 

Crane Mats Application Segmentation

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Temporary roadways crane mats market reached USD 293 Million in 2022 and will register 4.8% growth rate during 2023-2032. The crane industry size exceeding USD 23.5 billion in 2021 and its projected growth of over 5% is fostering product demand. The trend of using crane mats in temporary roadways reflects the need for temporary access solutions in construction sites and events. Similarly, in bridge decking applications, the product usage as a stable and secure platform during construction activities is gaining prominence. The mat’s ability to provide stability, support heavy equipment, and withstand environmental factors is contributing to their increased adoption.
 

Excavation support is another area where crane mats are trending due to their role in creating a solid foundation and supporting heavy machinery during excavation operations. With advanced shoring systems and lightweight materials, crane mats enhance worker safety and facilitate efficient excavation processes. The crane mats are playing a vital role in pipeline construction, where stability and protection are paramount. These mats distribute the weight of equipment and materials, minimizing damage to the underlying terrain during horizontal directional drilling (HDD) and trenchless technologies.
 

Crane Mats Regional Analysis

The North America crane mats market is witnessing a dominant trend, with the region securing a significant share and expected to register 4.6% growth rate through 2023. This trend is primarily driven by the strong presence of the United States, which holds the highest revenue size in the industry. The robust construction sector, industrial development, and infrastructure projects in the U.S contribute to this business expansion.
 

The country's advanced construction techniques, heavy machinery utilization, and emphasis on high-quality standards fuel the demand for reliable and durable crane mats. As North America continues to witness ongoing infrastructure development and the acceptance of advanced practices, the business landscape is expected to expand steadily, indicating a positive growth trajectory.
 

Crane Mats Industry Leaders 

Some of the major crane mats market participants include Bigfoot Construction Equipment Inc., Viking Mat Company, Spartan Mat, Sterling Crane Mats, Bridgewell Resources, Ritter Forest Products, Newpark Mats & Integrated Services, TuffTrak Ground Protection Solutions, LePlastic Crane Mats, DICA Outrigger Pads, MaXXiMaT, Empire Mat, Big Rig Products, TerraLam, Crane Materials International (CMI), Northern Mat & Bridge, Strad Energy Services, Crane Warning Systems Atlanta, Outriggerpads, Industrial Timber & Lumber Company (ITL). among others. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Crane Mats Industry News:

• In March 2023, Dica, an outrigger pad manufacturer based in Urbandale, Iowa, USA, has introduced new products at the ConExpo trade show in Las Vegas. These include the EcoMax, an engineered steel and composite crane pad, and composite cribbing timbers. Dica has also showcased SlatTrax temporary roadways, which it acquired in 2022. The EcoMax crane pad combines solid composite timbers and steel I-beams to provide durable and cost-effective equipment stabilization. It offers similar performance to FiberMax Crane Pads and steel pads but at a lower price point. EcoMax is suitable for distributing concentrated loads from outrigger-equipped equipment in various industries.
   
• In June 2022, Euro Auctions recently conducted a successful sale of 22 cranes from the M&M Crane Hire fleet in the UK, following the closure of the company. The auction attracted a global audience of bidders, with European buyers, particularly from the Netherlands, the UK, Ireland, and Romania, emerging as the most successful participants. The sale generated a total of GBP 4.6 million and included not only the cranes but also various ancillary items such as rigging, spreader bars, beams, crane mats, outrigger pads, lifting chains, shackles, and hook blocks. Additionally, commercial vehicles, trucks, and small tools were sold separately during the event.
   

This crane mats market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2018 to 2032 for the following segments:

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Market, By Type

• Oak Timbers
• Hardwoods
• Plastic
• Steel
• Others

Market, By Application

• Temporary Road Ways
• Bridge Decking
• Excavation Support
• Pipeline Construction
• Others

Market, By region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE