The North America crane market reached around USD 7.39 Billion in 2025. The market is projected to grow at a CAGR of 3.70% between 2026 and 2035 to reach nearly USD 10.63 Billion by 2035.
Base Year
Historical Period
Forecast Period
The USA’s crane and tower operating industry employed nearly 42,260 workers on a median wage of USD 64,690.
The USA’s iron and steel mills employ nearly 1,950 crane and tower operators, which represents 2.33% of the total employment.
The aerospace industry provides USD 96,540 worth of annual wages to tower and crane operators.
Compound Annual Growth Rate
3.7%
Value in USD Billion
2026-2035
*this image is indicative*
| North America Crane Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 7.39 |
| Market Size 2035 | USD Billion | 10.63 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 3.70% |
| CAGR 2026-2035 - Market by Country | Canada | 4.1% |
| CAGR 2026-2035 - Market by Mobility | Mobile | 4.3% |
| CAGR 2026-2035 - Market by Type | Tower Crane | 4.2% |
| 2025 Market Share by Country | United States | 90.2% |
In 2022, the U.S. construction industry attained a size of nearly $2.8 trillion. The industry has an annual contribution of roughly 4.3% to the domestic GDP. It employed nearly 7.8 million people in January 2023, which represented around 2.9% of the total American workforce. The average rate of yearly turnover of the sector was 65% in 2021. Between 2016 and 2021, the annual revenues generated by the industry has risen at a rate of 2.7%.
In 2023, the overall expenditure on the US construction sector amounted to USD 1.823 trillion. The construction of new housing units recorded a year-on-year growth of 12.8% in January 2023, reaching 1,406,000. This is expected to accelerate the demand for cranes, as they play a critical role in the lifting and positioning of heavy construction materials and ensure the occupational safety of workers. They also expedite the speed and efficiency of the construction processes, thereby leading to the market growth. In Q4 2022, the demand for cranes surged by 7.04%, which can be attributed to the rise in the construction of mixed-use and housing projects, which constituted 73% of all new buildings.
Canada’s manufacturing industry makes an annual contribution of USD 174 billion to its domestic GDP, which represents over 10% of its annual economic growth. Manufacturers export over USD 354 billion worth of goods annually, which indicates the robust growth potential of the industry between 2026 and 2035. This is expected to favour the demand for different cranes over the forecast period.
"North America Crane Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Mobility
Market Breakup by Type
Market Breakup by Sales Channel
Market Breakup by Country
| CAGR 2026-2035 - Market by | Country |
| Canada | 4.1% |
| United States | XX% |
Based on region, the market is segmented into United States and Canada. The USA is projected to dominate the market, representing 90% of the overall market share. Over the forecast period, Canada is expected to grow at a CAGR of 4.1%, due to the anticipated growth of the construction sector.
| 2025 Market Share by | Country |
| United States | 90.2% |
| Canada | XX% |
The integration of advanced sensors, AI, and machine learning tools is expected to facilitate the execution and delivery of highly complex tasks on-site without requiring direct human supervision, thereby leading to the market growth.
Rubber Tired Gantry Crane Market
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market reached nearly USD 7.39 Billion in 2025.
The market is projected to grow at a CAGR of 3.70% between 2026 and 2035.
The market is assessed to witness healthy growth in the forecast period to reach around USD 10.63 Billion in 2035.
The different types of cranes in the market are overhead travelling crane, transporter crane, gantry crane, bridge crane, and tower crane, among others.
The different types of cranes based on mobility include static and mobile.
The different sales channels of cranes in the market are OEM and aftermarket.
The different countries covered in the market report are the United States and Canada.
The key market players are Terex Corporation, The Manitowoc Company Inc., Manitex International Inc., Gorbel Inc., Buckner Heavylift Cranes, LLC, Konecranes PLC, Liebherr-International Deutschland GmbH, Palfinger AG, Tadano Ltd., and Broderson Manufacturing Corp., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Mobility |
|
| Breakup by Type |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share