United States Construction Luffing Jib Tower Cranes Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.6 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030.
The US construction luffing jib tower cranes market is experiencing rapid growth due to increasing urbanization and the demand for large-scale construction projects across the nation. As cities expand vertically, the need for cranes that can efficiently lift heavy loads in confined spaces is becoming essential. Luffing jib tower cranes offer precise control, making them ideal for high-rise construction, where space is limited and the project scale is massive.
These cranes are equipped with a luffing jib, which allows the crane’s boom to move up and down without requiring the entire tower to shift position. This feature makes them particularly useful in crowded urban environments, where other cranes would struggle to maneuver or operate within confined spaces. They are widely used in projects like skyscrapers, bridges, and large residential complexes, where heavy materials need to be lifted over short distances and precise placement is required.
In recent years, technological advancements have led to improved safety features and greater operational efficiency for these cranes. Automation and remote monitoring have allowed operators to control these cranes with increased precision, even from a distance, which is crucial for reducing risks on construction sites. Additionally, sustainability is becoming a major consideration, with newer models being designed to minimize fuel consumption and emissions, aligning with the growing trend toward environmentally responsible construction practices.
The US market for construction luffing jib tower cranes is expected to expand steadily, driven by factors such as government infrastructure projects, private real estate development, and the increasing focus on sustainable construction practices. According to reports, this market is being influenced by the rising demand for high-performance cranes capable of lifting heavy loads with minimal spatial footprint. As the construction industry evolves, the role of luffing jib tower cranes in transforming skylines and supporting complex building projects becomes increasingly vital.
In addition to technological advancements, the market's growth is being fueled by the increasing adoption of tools like the 100 Gigabit Fiber Optic Transceiver Market. These technologies enhance communication and data transfer, which play a key role in the efficient operation of modern cranes, further streamlining construction processes and improving overall project timelines.
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XCMG
Liebherr
Manitowoc
Zoomlion
SANY
Terex
DAHAN
Fushun Yongmao
Comansa
FAVCO
SCM
Huaxia
Guangxi Construction
Saez
Wolffkran
HKTC
Jost
Jaso
Raimondi
FM Gru
Wilbert
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Construction Luffing Jib Tower Cranes Market
Top Slewing Luffing Jib Cranes
Bottom Slewing Luffing Jib Cranes
Electric Luffing Jib Cranes
Hydraulic Luffing Jib Cranes
Residential Construction
Commercial Construction
Industrial Construction
Infrastructure Development
Low Capacity (up to 10 tons)
Medium Capacity (10 to 20 tons)
High Capacity (above 20 tons)
Steel Cranes
Aluminum Cranes
Manual Luffing Jib Cranes
Remote-Controlled Luffing Jib Cranes
Automated Luffing Jib Cranes
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Construction Luffing Jib Tower Cranes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Construction Luffing Jib Tower Cranes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Construction Luffing Jib Tower Cranes Market, By Type
6. US Construction Luffing Jib Tower Cranes Market, By Application
7. US Construction Luffing Jib Tower Cranes Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Construction Luffing Jib Tower Cranes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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