The United States Crane Market reached approximately USD 6.43 billion in 2024. With steady expansion driven by robust construction, infrastructure upgrades, mining projects, and oil & gas development, the market is projected to grow at a CAGR of 3.60%, reaching about USD 9.16 billion by 2034.
United States Crane Market Overview
The United States Crane Market includes the sale and rental of all crane varieties—mobile, fixed, marine, and specialty machines. Cranes are essential to heavy lifting across construction, mining, oil and gas, and port operations. Demand reflects broader macroeconomic factors like infrastructure funding, industrial growth, and urban construction projects.
Breakdown by Crane Type
Mobile Cranes: These include hydraulic truck cranes, all-terrain cranes, and telescopic handlers—highly versatile and widely used in construction and infrastructure projects.
Fixed Cranes: Tower cranes, gantry cranes, and overhead cranes installed on-site or in factories. The infrastructure and manufacturing sectors drive steady demand.
Marine and Port Cranes: Ship-to-shore cranes, port loaders, and container handling cranes are essential for logistics and trade hubs—supporting global supply chains and port modernization.
Others: Custom lifting solutions such as crawler cranes, crawler-mounted heavy-lift towers, and self-erecting cranes used in niche scenarios like events, airports, and specialty construction.
Mobile cranes dominate in both volume and revenue share within the United States Crane Market due to high flexibility.
Breakdown by Application
Construction and Infrastructure: Tower cranes and mobile cranes are heavily deployed for high-rise construction, bridges, rail systems, and highway projects.
Mining: Large crawler cranes, telescopic cranes, and gantry systems move heavy equipment and materials in open-pit and underground mines.
Oil and Gas: Offshore rigs and pipelines rely on lifters for drilling equipment, module handling, and maintenance—primarily using marine and heavy-duty mobile cranes.
Others: Includes utilities, event logistics, heavy manufacturing, and aerospace installation where specialized lifting is necessary.
Construction and infrastructure projects account for the major share of demand in the United States Crane Market, with oil & gas and mining providing strong support in specific regions.
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Regional Market Breakdown
New England: Smaller-scale commercial and residential projects; modest demand for compact mobile cranes.
Mideast: Strong crane usage in dense urban centers like NYC and Philadelphia, with high-rise construction and institutional projects boosting mobile and tower crane demand.
Great Lakes: Michigan, Ohio, and Illinois are centers for industrial and infrastructure work, driving fixed cranes in factories and significant mobile crane activity in automotive and steel sector construction.
Plains: Agricultural, utility, and energy sector lifting demands—often for portable cranes or rental-from-service providers.
Southeast: Florida, Georgia, and the Carolinas see significant demand for high-rise development and port expansion, driving both mobile and marine crane activity.
Southwest: Texas and surrounding states lead in oil & gas lifting and infrastructure—major crane fleet deployment for module lifts and pipeline installation.
Rocky Mountain: State-backed mining expansion in Colorado and Utah boosts crawler and mobile crane use.
Far West: California and Washington showcase robust demand across seaport infrastructure, renewable energy installation, high-rise construction, and logistics hubs—key drivers for the United States Crane Market.
Companies Covered
Leading manufacturers shaping the United States Crane Market include:
Terex Corporation: Offers a broad range of mobile and fixed cranes, including rough-terrain and telescopic models.
The Manitowoc Company, Inc.: Known for tower cranes and mobile travel lifts; key supplier in both construction and port sectors.
Manitex International Inc.: Provides boom trucks and industrial cranes widely used in municipal and utility installations.
Gorbel Inc.: Specializes in overhead and workstation lifting systems, contributing to fixed crane segment growth.
Buckner Heavylift Cranes, LLC: Heavy-lift and industrial crane rentals for large-scale industrial projects.
Konecranes Plc: Supplier of gantry cranes and millwright services in logistics, manufacturing, and port handling.
Liebherr-International Deutschland GmbH: Offers crawler cranes, tower cranes, and marine cranes for high-capacity applications.
PALFINGER AG: Known for hooklift and knuckle boom truck-mounted crane solutions.
Tadano Ltd.: Provides international all-terrain and rough-terrain crane models; active in infrastructure sectors.
The Muhibbah Group: Caribbean and U.S. port projects use their heavy-lift and offshore crane offerings.
Others: Include fast-emerging rental service operators and regional heavy-lift platforms influencing market accessibility.
Key Trends & Growth Drivers
Infrastructure Investment – Federal and state funding for roads, bridges, rail, and transit fuels consistent demand for mobile and fixed cranes.
Urban High-rise Construction – Tower cranes and high-capacity mobile cranes proliferate in dense city development.
Ports & Logistics Expansion – Container handling and marine crane upgrades accompany shipping corridor expansion on East and West coasts.
Renewables & Energy Infrastructure – Wind turbine installation and solar panel structures require heavy-duty lift cranes.
Equipment Rental Models – Asset-light construction firms prefer renting cranes from service providers rather than purchasing—a trend bolstering the rental economy within the United States Crane Market.
Technological Innovation – Telematics, counterweight optimization, and remote operation features boost operational efficiency and safety.
Large Project Oversizes – Mega-work lifts in oil & gas and mining encourage demand for heavy-lift crawler cranes and modular transport solutions.
Frequently Asked Questions (FAQs)
What is the current size of the United States crane market?
The United States Crane Market was valued at approximately USD 6.43 billion in 2024.
What is the expected market size by 2034?
With a CAGR of 3.60%, it is projected to reach around USD 9.16 billion by 2034.
Which crane type accounts for the largest segment?
Mobile cranes dominate due to versatility across construction, infrastructure, and logistics applications.
Where does crane demand originate in the U.S.?
Construction and infrastructure sectors are the primary drivers, followed by oil & gas lifting needs and port activity.
Which regions show highest crane demand?
Southeast, Southwest, and Far West regions exhibit strongest crane use due to construction, oil & gas activity, and port expansion.
Who are the major crane manufacturers in the U.S.?
Leading suppliers include Terex, Manitowoc, Liebherr, Konecranes, and Tadano, along with rental specialists like Buckner Heavylift.
What are current trends in crane technology?
Growth in remote operation capabilities, precision telematics, fuel-efficient diesel-electric hybrids, and modular lifting solutions.
How can small contractors manage crane needs?
Many rely on equipment rental providers for short-term access to mobile and crawler cranes—supporting flexible project execution.
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