PUBLISHER: Orion Market Research | PRODUCT CODE: 1845502
PUBLISHER: Orion Market Research | PRODUCT CODE: 1845502
North American Mobile Cranes Market Size, Share & Trends Analysis Report, By Product Type (Truck Mounted Crane, Crawler Crane, and Trailer Mounted Crane), By Application (Construction, Industrial, and Utility), Forecast Period (2025-2035)
Industry Overview
North American mobile cranes market was valued at $5,605.0 million in 2024 and is projected to reach $10,702.4 million by 2035, growing at a CAGR of 6.1% during the forecast period (2025-2035). The North American mobile cranes market is experiencing consistent growth, fueled by increasing infrastructure development and industrial expansion across the region. Government-funded projects, including highways, bridges, and commercial complexes, are driving demand for versatile lifting equipment. Manitowoc Cranes and Terex Corp. have introduced high-capacity mobile cranes with advanced safety and telematics features to meet diverse project requirements. Urban construction and energy sector developments are further stimulating the adoption of mobile cranes. Companies are also focusing on environmentally friendly and fuel-efficient models to comply with regulatory standards.
Market Dynamics
Rising Demand for High-Capacity Crawler Cranes
The North American mobile cranes market is increasingly driven by the adoption of high-capacity crawler cranes for heavy construction and industrial projects. Link-Belt Cranes has introduced advanced crawler models capable of handling large-scale lifting tasks with enhanced stability and load control. These cranes are widely used in infrastructure, energy, and urban development projects where mobility over rough terrain is essential. Advanced safety systems and telematics features allow for precise operations and reduced downtime. Contractors favor these models for their reliability and operational efficiency. This trend highlights the importance of crawler cranes in meeting evolving regional project demands.
Integration of IoT and Smart Crane Technologies
The adoption of connected crane technologies is transforming North American operations by enabling predictive maintenance and real-time monitoring. Terex Corporation has developed smart crane solutions that provide operators and fleet managers with data on equipment performance, load management, and site efficiency. Remote monitoring reduces the risk of downtime and optimizes scheduling across multiple project sites. Energy, industrial, and construction sectors are increasingly leveraging these solutions to enhance productivity. Cloud-based analytics facilitate informed decision-making and resource allocation. This trend reflects the growing emphasis on technology-driven efficiency and safety in heavy lifting operations.
Market Segmentation
Truck-Mounted Crane Segment to Lead the Market with the Largest Share
The North American mobile cranes market is increasingly driven by demand for high-capacity truck-mounted cranes capable of handling large-scale lifting operations. Manitowoc Cranes has launched advanced truck-mounted models that provide enhanced mobility and load-handling efficiency for construction and industrial projects. These cranes enable rapid deployment across urban and remote sites while reducing setup time. Advanced safety systems and load-monitoring technologies improve operational reliability. Contractors and project managers are favoring these cranes for cost-effective and versatile performance. This trend underscores the growing importance of truck-mounted cranes in regional market expansion.
Construction: A Key Segment in Market Growth
Digitalization and IoT-enabled monitoring are transforming mobile crane operations in North America, enhancing safety, efficiency, and predictive maintenance. Terex Corporation has introduced smart crane solutions that allow real-time tracking of load management, equipment health, and operational performance. Remote monitoring and data analytics help reduce downtime and optimize project timelines. These connected technologies are being increasingly adopted across construction, energy, and industrial sectors. Fleet managers are leveraging cloud-based tools for better maintenance scheduling and operational oversight. The trend reflects the rising importance of technology-driven productivity and safety in heavy lifting operations.
The North American mobile cranes market is further divided by countries, including the US and Canada.
US Region Dominates the Market with a Major Share
The US mobile cranes market is driven by increasing infrastructure development and industrial construction projects across the country. Manitowoc Cranes has introduced a range of high-capacity mobile cranes that offer enhanced safety, operational efficiency, and rapid site deployment. These cranes are particularly suitable for commercial, energy, and transportation infrastructure projects. The demand for technologically advanced models with telematics and load-monitoring features is rising among contractors. Urban development initiatives and government-funded construction programs are further fueling market expansion.
The major companies operating in the North American mobile cranes market include Link-Belt Cranes, Inc., Manitowoc Cranes, LLC, National Crane (a Manitowoc Company), Tadano America Corp., Terex Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments