United States Wheeled Crane Market was valued at USD 1.3 Billion in 2022 and is projected to reach USD 1.9 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
The US wheeled crane market is experiencing significant growth, driven by the increasing demand for versatile lifting equipment across various industries. These cranes are designed to offer flexibility, ease of transportation, and efficiency, making them a preferred choice for construction, industrial, and oil and gas sectors. The market is expected to expand as the need for heavy lifting machinery continues to rise in these industries.
Wheeled cranes are often categorized into different types based on their lifting capacity, mobility, and size. The major types in the market include truck-mounted cranes, rough terrain cranes, and all-terrain cranes. Truck-mounted cranes are favored for their mobility and ability to be quickly transported between job sites. Rough terrain cranes are designed for off-road applications, typically in construction sites with challenging terrains. All-terrain cranes combine the mobility of truck-mounted cranes with the off-road capabilities of rough terrain cranes, making them suitable for a variety of heavy-duty tasks.
The demand for wheeled cranes is significantly influenced by the requirements of various industries. In the construction sector, the need for cranes that can easily navigate urban landscapes and rough terrains drives the demand for all-terrain and truck-mounted cranes. Additionally, industries like oil and gas require cranes with high lifting capacities and specialized features to handle heavy equipment and materials in challenging environments. The manufacturing industry also heavily relies on wheeled cranes for material handling and heavy lifting tasks.
One of the key factors influencing the demand for wheeled cranes is their versatility. These machines can handle a wide range of applications, from construction to manufacturing, mining, and even emergency response. Their ability to operate efficiently in diverse environments makes them highly sought after across multiple sectors. Furthermore, technological advancements in crane design, such as improved hydraulic systems and more robust stability features, are also fueling the growth of the wheeled crane market.
In summary, the US wheeled crane market is expanding rapidly, driven by the increasing demand for versatile lifting equipment in industries such as construction, oil and gas, and manufacturing. With advancements in crane technology and the need for high-performance machinery, the market is expected to continue growing as industries seek more efficient solutions for heavy lifting tasks.
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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 Wheeled Crane Market
Mobile Cranes
Truck-Mounted Cranes
All-Terrain Cranes
Rough Terrain Cranes
Pick and Carry Cranes
Light Duty (up to 10 tons)
Medium Duty (10 to 50 tons)
Heavy Duty (50 to 100 tons)
Very Heavy Duty (above 100 tons)
Construction
Manufacturing
Shipping & Logistics
Utilities & Energy
Mining
Diesel-Powered Cranes
Electric-Powered Cranes
Hybrid Cranes
Infrastructure
Oil & Gas
Aerospace
Telecommunications
Construction Equipment Rental
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 Wheeled 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. US Wheeled Crane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Wheeled Crane Market, By Type
6. US Wheeled Crane Market, By Application
7. US Wheeled Crane Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Wheeled Crane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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