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United States Crane Market Report and Forecast 2025-2034

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    Report

  • 125 Pages
  • July 2025
  • Region: United States
  • Expert Market Research
  • ID: 6112779
The United States crane market reached approximately USD 6.43 Billion in 2024. The market is estimated to grow at a CAGR of 3.60% in the forecast period of 2025-2034, reaching a value of around USD 9.16 Billion by 2034.

Key Trends in the Market

A crane is a powerful machine which is equipped with cables, pulleys, and sheaves to move or suspend heavy objects from a beam. This machine is primarily used in the construction and infrastructure, oil and gas, mining and extraction, and maritime and shipping sectors, among others.
  • Increased utilisation of cranes in the oil and gas sector for oil rigging, safe transportation of flammable gas containers, and loading and unloading of oil barrels and other bulky items at shipping ports is one of the prominent United States crane market trends.
  • The burgeoning popularity of autonomous cranes, which offer high-end features such as anti-collision mechanism, remote configuration from the control room and on-board cameras for environment surveillance, to enhance performance efficiency and remove workers from potentially dangerous working conditions, is another crucial trend aiding the market expansion.
  • The deployment of industry 4.0 technology in material handling operations of cranes for overload detection, anti-sway detection, and identification of potential issues also contributes to the United States crane market growth.
  • Several market players are adopting strategic measures such as acquisition and partnerships to deliver custom crane solutions and expand their market reach in the country.

Market Segmentation

United States Crane Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

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

Market Share by Type

Mobile cranes occupy a significant portion of the United States crane market share, due to their increased demand from the construction sector for lifting and transporting heavy steel beams and other building materials. The surge in infrastructural development activities such as such as railway lines, airport terminals, bridges, and highways, among others, in the United States also fuels the demand for mobile cranes.

Moreover, fixed cranes are expected to witness sizeable growth in the coming years, due to their increased utilisation in the safe transportation of extremely heavy objects.

Market Share by Application

As per the United States crane market analysis, the demand for cranes in the construction and infrastructure sector is substantially increasing as they offer the required strength to transport heavy building items such as concrete blocks, precast panels, and steel beams. They also ensure the proper alignment of columns, frameworks, and other structural components on the construction site.

Additionally, cranes are utilised in the demolition of buildings to remove heavy materials and safely transport debris and other waste items away from the sites.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States crane market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Terex Corporation

Terex Corporation, incorporated in 1933, is a primary manufacturer of material handling machinery, based in Connecticut, the United States. Its product portfolio includes elevated work platforms, material handling conveyors, terrain cranes, tower cranes, and industry equipment, among others.

The Manitowoc Company, Inc.

The Manitowoc Company, Inc. is an engineering lifting products company, founded in 1902 and headquartered in Wisconsin, the United States. The company is well-known for its innovative range of crawler cranes which possess superior load capacity and efficiency.

Manitex International Inc.

Manitex International Inc., established in 1993, is a machinery manufacturing company, with its headquarters in Illinois, the United States. The company offers aerial work platforms, mobile truck cranes, and industrial lifting solutions to construction and heavy industry sectors, among others.

Other United States crane market players include Gorbel Inc., Buckner Heavylift Cranes, LLC, Konecranes Plc, Liebherr-International Deutschland GmbH, PALFINGER AG, Tadano Ltd., and The Muhibbah Group, among others.

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 North America Crane Market Overview
5.1 Key Industry Highlights
5.2 North America Crane Historical Market (2018-2024)
5.3 North America Crane Market Forecast (2025-2034)
5.4 North America Crane Market Breakup by Region
5.4.1 United States
5.4.2 Canada
6 United States Crane Market Overview
6.1 Key Industry Highlights
6.2 United States Crane Historical Market (2018-2024)
6.3 United States Crane Market Forecast (2025-2034)
7 United States Crane Market by Type
7.1 Mobile Cranes
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Fixed Cranes
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Marine and Port Cranes
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 United States Crane Market by Application
8.1 Mining
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Construction and Infrastructure
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Oil and Gas
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Others
9 United States Crane Market by Region
9.1 New England
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Mideast
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Great Lakes
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Plains
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Southeast
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Southwest
9.6.1 Historical Trend (2018-2024)
9.6.2 Forecast Trend (2025-2034)
9.7 Rocky Mountain
9.7.1 Historical Trend (2018-2024)
9.7.2 Forecast Trend (2025-2034)
9.8 Far West
9.8.1 Historical Trend (2018-2024)
9.8.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Terex Corporation
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 The Manitowoc Company, Inc.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Manitex International Inc.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Gorbel Inc.
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 Buckner Heavylift Cranes, LLC
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Konecranes Plc
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 Liebherr-International Deutschland GmbH
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 PALFINGER AG
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Tadano Ltd.
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 The Muhibbah Group
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others

Companies Mentioned

  • 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