PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2037098
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2037098
The mobile hydraulic cranes market in North America is anticipated to grow from USD 8.06 billion in 2026 to USD 9.23 billion by 2029, at a CAGR of 4.6% during the forecast period. Rising infrastructure development and urbanization and increasing investments in energy and renewable projects are the prominent factors driving the mobile hydraulic cranes market in North America during the forecast period.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2020-2029 |
| Base Year | 2025 |
| Forecast Period | 2026-2029 |
| Units Considered | Value (USD Billion) |
| Segments | By Crane Type and Region |
| Regions covered | North America |
Furthermore, the growing preference for rental-based heavy equipment is expected to drive the market.

"Hydraulic truck cranes segment is expected to hold the lowest market share during the forecast period"
The hydraulic truck cranes segment is expected to account for the lowest market share in the mobile hydraulic cranes market in North America during the forecast period. The relatively slower growth of this segment is primarily due to its limited versatility compared with other crane types, such as boom truck cranes and rough terrain cranes, which are better suited for a range of applications. Hydraulic truck cranes, while offering on-road mobility and ease of transportation, are increasingly being displaced in many use cases by more cost-effective and flexible alternatives, particularly in urban construction and utility applications where boom truck cranes are preferred. Additionally, for heavy-duty and complex lifting operations, end users are shifting toward all-terrain and crawler cranes, which provide higher lifting capacities and better performance in challenging environments.
"All-terrain cranes segment is expected to hold the second-largest market share in 2026"
The all-terrain cranes segment is expected to account for the second-largest market share in 2026. The strong position of this segment is driven by its high versatility, superior mobility, and ability to operate efficiently across both on-road and off-road environments, making it highly suitable for a range of applications. All-terrain cranes combine the mobility of truck-mounted cranes with the lifting capacity and performance of rough terrain cranes, enabling their use in complex infrastructure projects, energy installations, and industrial construction. Their capability to travel on highways and quickly mobilize across job sites significantly reduces setup time and enhances project efficiency, which is a key factor driving their adoption.
"US is anticipated to hold largest share of the mobile hydraulic cranes market in North America in 2029"
The US is expected to account for the largest share of the mobile hydraulic cranes market in North America in 2029. Market is driven by the country's well-established construction and industrial ecosystem, along with a high concentration of infrastructure development projects and energy investments. The presence of leading crane manufacturers such as The Manitowoc Company, Inc., and Terex Corporation, along with a strong network of rental companies, is significantly supporting the adoption of advanced mobile hydraulic cranes across the region. Furthermore, increasing government spending on transportation infrastructure, including highways, bridges, and urban development projects, is accelerating demand for efficient and high-capacity lifting equipment. The growing expansion of renewable energy projects, particularly wind energy installations, is also contributing to increased deployment of mobile hydraulic cranes for installation and maintenance activities.
Extensive primary interviews have been conducted with key industry experts in the mobile hydraulic cranes market in North America to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakdown of primary participants for the report is shown below.
Key players in the mobile hydraulic cranes market in North America include The Manitowoc Company, Inc., Terex Corporation, Tadano Ltd., Liebherr Group, Konecranes, Cargotec Corporation, and Link-Belt Cranes. These companies play a significant role in supplying advanced mobile hydraulic cranes across construction, energy, and industrial applications in the region.
The study includes an in-depth competitive analysis of these key players in the mobile hydraulic cranes market in North America, with their company profiles, recent developments, and key market strategies.
The report segments the mobile hydraulic cranes market in North America. It forecasts its market size by boom truck crane, rough terrain crane, all-terrain crane, hydraulic truck crane, lattice boom crawler crane, and telescopic crawler crane. The report also analyzes key market drivers, restraints, opportunities, and challenges influencing industry growth. It evaluates factors such as increasing infrastructure development, expansion of renewable energy projects, rising demand for rental equipment, and advancements in crane technologies, along with challenges such as high equipment costs, regulatory compliance, and supply chain constraints. The study provides a detailed regional assessment across North America, including country-level insights for the US, Canada, and Mexico, highlighting variations in demand, infrastructure investment, and industrial activity.