Us Shop Crane Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Shop Crane Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The United States crane market has been experiencing significant growth, driven by increased infrastructure spending and technological advancements. In 2024, the market reached approximately USD 6.43 billion and is projected to grow at a CAGR of 3.6%, reaching around USD 8.90 billion by 2034. This expansion is largely attributed to the rising demand in sectors such as construction, oil and gas, and mining.
One notable trend is the adoption of autonomous cranes equipped with advanced features like anti-collision mechanisms and remote operation capabilities. These innovations enhance performance efficiency and safety, reducing the need for human intervention in hazardous environments. The integration of Industry 4.0 technologies further optimizes material handling operations, offering benefits like overload detection and anti-sway systems.
However, the increasing automation has sparked concerns among labor unions. In October, 25,000 members of the International Longshoremen's Association (ILA) protested against the implementation of semi-automated cranes, fearing job losses. This highlights the ongoing debate between technological advancement and employment security in the industry.
Mobile cranes hold a significant share of the market, especially in the construction sector, due to their versatility in lifting and transporting heavy materials. The surge in infrastructure projects, including railway lines, airport terminals, bridges, and highways, has bolstered the demand for these cranes. Additionally, fixed cranes are witnessing growth owing to their capability to handle extremely heavy objects safely.
Key players in the U.S. crane market include Terex Corporation, The Manitowoc Company, Inc., and Manitex International Inc. These companies are focusing on introducing technologically advanced equipment to meet the evolving needs of various industries. For instance, the deployment of 100 Gigabit Fiber Optic Transceiver Market technologies in crane operations is enhancing data transmission capabilities, leading to more efficient and reliable performance.
In summary, the U.S. crane market is on an upward trajectory, fueled by technological innovations and increased infrastructure investments. While automation offers numerous benefits, balancing these advancements with employment considerations remains a critical challenge for the industry.
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OMCN
Onder Lift Celik Mak
Air Technical Industries
Basaran Hydraulic Garage Equipment
AA4C Automotive Co Ltd
Compac GmbH Hydraulik-Vertrieb
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 Global Shop Crane Market
Electric Shop Cranes
Pneumatic Shop Cranes
Manual Shop Cranes
Hydraulic Shop Cranes
Under 1 Ton
1 Ton to 5 Tons
5 Tons to 10 Tons
Above 10 Tons
Steel Shop Cranes
Aluminum Shop Cranes
Composite Material Shop Cranes
Industrial Applications
Aerospace and Automotive
Construction and Engineering
Warehousing and Logistics
Manufacturing Industry
Transportation and Logistics
Aerospace Industry
Construction Industry
Global (United States, Global 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 Global Shop Crane 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. Global Shop Crane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Shop Crane Market, By Type
6. Global Shop Crane Market, By Application
7. Global Shop Crane Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Shop Crane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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