Tower Cranes

The Tower Cranes division achieved sales of € 636 million in 2019, representing an increase of € 65 million, or 11.4 %, year-on-year.

Development compared to previous year*

Turnover in € m
from 571
( + 11.4% ) 0
Investments in € m
from 76
( + 25.0% ) 0
from 2,460
( + 9.8% ) 0

Turnover by sales regions

  1. European Union
  2. North America
  3. Central and South America
  4. Non-EU countries
  5. Asia and Oceania
  6. Africa, Near and Middle East

Germany remains the largest sales market

High demand in the global construction sector had a positive effect on the Tower Cranes division last year. As a result, the division’s sales increased strongly in 2019. Germany remained the largest European Union market for the division with further increases in sales. Both in Central and South America as well as in Asia and Oceania, revenues increased significantly, spurred in particular by strong growth in Australia. At the same time, sales declined in the Africa, Near and Middle East region as well as in North America. The division’s growth is especially attributed to an increase in the sale of top-slewing cranes.

The fibre cranes are specially designed for high hoist-heights, because their fibre rope weighs only a fifth as much as steel rope. That means more load capacity.

13 world premieres during Bauma year

At the Bauma 2019 trade fair, the Tower Cranes division took the opportunity to unveil no fewer than 13 new products. In the category of top-slewing cranes, the division launched the new EC-B crane. This outstanding model has already been crowned with multiple innovation and design awards. Three models from this product line feature the new soLITE® high-tensile fibre rope. This rope’s lifespan is four times longer than conventional steel rope, along with a significantly higher load capacity. In the category of bottom-slewing cranes, the division rolled out the L1-32 and 125 K models with the new LiTRAX modular high-speed axle system. One outstanding new release in the mobile construction cranes category was the MK 88-4.1 with various axle load versions.

To further improve the product range for Tower Cranes customers in Australia and New Zealand, the division took over all the Morrow Equipment locations, along with all their employees, in each of these countries at the start of 2019. The year also marked the one-year anniversary of the division’s development partnership with RWTH Aachen University, which is part of the ongoing “Centre Construction Robotics” project.