United States Crane Market Share, Outlook Report 2024-32

Name: United States Crane Market Report by Product Type (Mobile Cranes, Marine and Port Cranes, Fixed Cranes), Application (Construction and Infrastructure, Mining, Oil and Gas, and Others), and Region 2024-2032
Creator: IMARC Group
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Keywords: United States Crane Market Report

United States Crane Market Report by Product Type (Mobile Cranes, Marine and Port Cranes, Fixed Cranes), Application (Construction and Infrastructure, Mining, Oil and Gas, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2962

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Market Overview:

The United States crane market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 6.2 Billion
Market Forecast in 2032	US$ 8.4 Billion
Market Growth Rate 2024-2032	3.4%

A crane is a construction machine that is employed to move the loads. It is equipped with a hoist rope, wire rope and sheaves, which help to lift and transport heavy loads from one location to another. Cranes have the capability of coordinating simple systems to attain complex lifting tasks. Nowadays, advanced cranes utilize hydraulic and internal combustion engine systems, which provide greater lifting capabilities.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The United States crane market is primarily driven by a significant rise in spending on the infrastructure sector across the country. Besides this, various oil and gas facilities are upgrading plant equipment to improve overall plant efficiency. This has increased the adoption of superior-quality cranes. Additionally, the crane market is expected to grow at a high rate as most companies in the country are working toward cost efficacy to meet the essential expenses. The market is further propelled by the escalating use of cranes in several end use industries like mining, automobile, and oil and gas. Moreover, crane manufacturers are introducing technologically advanced equipment that enables construction companies to gather real-time information about equipment performance.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States crane market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Mobile Cranes
Marine and Port Cranes
Fixed Cranes

Breakup by Application:

Construction and Infrastructure
Mining
Oil and Gas
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, Application, Region
Region Covered	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The United States crane market was valued at US$ 6.2 Billion in 2023.

We expect the United States crane market to exhibit a CAGR of 3.4% during 2024-2032.

The introduction of advanced cranes, that utilize hydraulic and internal combustion engine systems to provide greater lifting capabilities, is primarily driving the United States crane market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in temporary halt in various construction activities, thereby negatively impacting the overall demand for cranes.

Based on the product type, the United States crane market has been segmented into mobile cranes, marine and port cranes, and fixed cranes. Currently, mobile cranes represent the largest market share.

Based on the application, the United States crane market can be bifurcated into construction and infrastructure, mining, oil and gas, and others. Among these, the construction and infrastructure sector currently accounts for the majority of the total market share.

On a regional level, the market has been classified into Northeast, Midwest, South, and West, where South currently dominates the market.

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