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Report

United States Crane Market Report and Forecast 2024-2032

Market Report I 2024-04-16 I 174 Pages I EMR Inc.

United States Crane Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States crane market size reached a value of USD 6.43 billion in 2023. Aided by the robust growth in construction activities and increased investments in infrastructure development, the market is projected to further grow at a CAGR of 3.6% between 2024 and 2032 to reach a value of USD 8.9 billion by 2032.
Cranes are essential lifting devices used in construction, manufacturing, and logistics. They play a critical role in facilitating the efficient transport of heavy materials and are integral to operations across various industries, including construction, automotive, and shipping. The United States has seen significant market growth fueled by the recovery of the construction sector, technological advancements in crane manufacturing, and rising safety standards.
The primary driver of the United States crane market growth is the resurgence in construction activities. As urbanisation accelerates and infrastructural projects increase, there is a heightened demand for mobile cranes, tower cranes, and crawler cranes, among others. The ongoing development of residential, commercial, and industrial facilities is a significant component of this demand.
Another critical factor contributing to market growth is the advancement in crane technology. As per the United States crane market analysis, modern cranes are being equipped with IoT-enabled sensors and are increasingly automated, which enhances operational efficiency and safety. These technological innovations are not only improving the performance and functionality of cranes but are also reducing labour costs and mitigating human error.
Furthermore, stringent safety regulations and standards in the United States construction and equipment handling sectors propel the United States crane market expansion. The emphasis on safety has led to increased demand for newer, more advanced crane models that come with enhanced safety features and are compliant with current regulations.
Major manufacturers are integrating telematics systems into their cranes, which allow for real-time tracking of crane operations, maintenance needs, and performance analytics. There is a growing trend towards the development of electric and hybrid cranes as the market seeks to reduce carbon emissions and meet environmental standards.
There is a growing trend towards the development of electric and hybrid cranes as the crane market in the United States seeks to reduce carbon emissions and meet environmental standards. Crane rental services are expanding, providing flexibility for contractors and construction companies to access modern and specialised cranes without the high upfront costs of ownership.
There is a growing trend towards the automation of crane operations and the use of remote control systems. These advancements enhance safety by allowing operators to manage cranes from a distance, reducing the risk associated with operating heavy machinery in potentially hazardous environments. As per the United States crane market outlook, automation also improves precision in crane operations, which is crucial in sectors like manufacturing and aerospace where exact placement of heavy materials is required.
As technology in cranes advances, there is a corresponding increase in the complexity of operations, necessitating higher levels of skill and training for operators. Certification programs are becoming more rigorous, and continuous training is becoming a norm to ensure operators are proficient with new technologies and safety standards.
The development of modular cranes, which can be easily configured and reconfigured to suit different tasks and environments, is on the rise which also boosts the United States crane market share. This flexibility is particularly appealing in urban construction projects where space is limited and the scope of work can change rapidly.
Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- Mobile Cranes
- Fixed Cranes
- Marine and Port Cranes
- Others
Market Breakup by Application
- Mining
- Construction and Infrastructure
- Oil and Gas
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States crane market. Some of the major players explored in the report by Expert Market Research are as follows:
- Terex Corporation
- The Manitowoc Company, Inc.
- Manitex International Inc.
- Gorbel Inc.
- Buckner Heavylift Cranes, LLC
- Konecranes Plc
- Liebherr-International Deutschland GmbH
- PALFINGER AG
- Tadano Ltd.
- The Muhibbah Group
- Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Crane Market Overview
8.1 Key Industry Highlights
8.2 North America Crane Historical Market (2018-2023)
8.3 North America Crane Market Forecast (2024-2032)
8.4 North America Crane Market Breakup by Region
8.4.1 United States
8.4.2 Canada
9 United States Crane Market Overview
9.1 Key Industry Highlights
9.2 United States Crane Historical Market (2018-2023)
9.3 United States Crane Market Forecast (2024-2032)
10 United States Crane Market by Type
10.1 Mobile Cranes
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fixed Cranes
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Marine and Port Cranes
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United States Crane Market by Application
11.1 Mining
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Construction and Infrastructure
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Oil and Gas
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 United States Crane Market by Region
12.1 New England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mideast
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Great Lakes
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plains
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Southeast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Southwest
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Rocky Mountain
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Far West
12.8.1 Historical Trend (2018-2023)
12.8.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Terex Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 The Manitowoc Company, Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Manitex International Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Gorbel Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Buckner Heavylift Cranes, LLC
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Konecranes Plc
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Liebherr-International Deutschland GmbH
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 PALFINGER AG
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Tadano Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 The Muhibbah Group
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market

List of Key Figures and Tables
1. North America Crane Market: Key Industry Highlights, 2018 and 2032
2. United States Crane Market: Key Industry Highlights, 2018 and 2032
3. United States Crane Historical Market: Breakup by Type (USD Billion), 2018-2023
4. United States Crane Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. United States Crane Historical Market: Breakup by Application (USD Billion), 2018-2023
6. United States Crane Market Forecast: Breakup by Application (USD Billion), 2024-2032
7. United States Crane Historical Market: Breakup by Region (USD Billion), 2018-2023
8. United States Crane Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. United States Crane Market Structure

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