Market Overview:
The United States crane market is currently witnessing steady growth. 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.
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. On account of these factors, the market is expected to continue its steady growth during the forecast period (2021-2026).
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 for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type and application.
Breakup by Product Type:
- 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.
Key Questions Answered in This Report:
- How has the United States crane market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States crane market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States crane market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United States Crane Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Mobile Cranes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Marine and Port Cranes
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fixed Cranes
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Construction and Infrastructure
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Mining
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Oil and Gas
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 Northeast
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Midwest
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 South
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 West
8.4.1 Market Trends
8.4.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Policy and Regulatory Landscape
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: United States: Crane Market: Major Drivers and Challenges
Figure 2: United States: Crane Market: Sales Value (in Million US$), 2015-2020
Figure 3: United States: Crane Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Crane Market: Breakup by Product Type (in %), 2020
Figure 5: United States: Crane Market: Breakup by Application (in %), 2020
Figure 6: United States: Crane Market: Breakup by Region (in %), 2020
Figure 7: United States: Crane (Mobile Cranes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: United States: Crane (Mobile Cranes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: United States: Crane (Marine and Port Cranes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: United States: Crane (Marine and Port Cranes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: United States: Crane (Fixed Cranes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: United States: Crane (Fixed Cranes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: United States: Crane (Construction and Infrastructure) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: United States: Crane (Construction and Infrastructure) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: United States: Crane (Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: United States: Crane (Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Crane (Oil and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Crane (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: United States: Crane (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: United States: Crane (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Northeast: Crane Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Northeast: Crane Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Midwest: Crane Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Midwest: Crane Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: South: Crane Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: South: Crane Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: West: Crane Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: West: Crane Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: United States: Crane Industry: SWOT Analysis
Figure 30: United States: Crane Industry: Value Chain Analysis
Figure 31: United States: Crane Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Crane Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Crane Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: United States: Crane Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: United States: Crane Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: United States: Crane Market: Competitive Structure
Table 6: United States: Crane Market: Key Players