North America Crane Market Size & Outlook, 2026-2033
The crane market in North America is expected to reach a projected revenue of US$ 22,655.9 million by 2033. A compound annual growth rate of 5.8% is expected of North America crane market from 2026 to 2033.
- Automotive, Mobility & Logistics
- Automotive & Auto Aftermarket
- Crane Market Outlook
- Automotive & Auto Aftermarket
Revenue, 2025 (US$M)
$14,636.5
Estimate, 2026 (US$M)
$15,300.1
Forecast, 2033 (US$M)
$22,655.9
CAGR, 2026 - 2033
5.8%
Global Market
Related Markets
Prism AI by Grand View ResearchFree to try
Ask a question about the crane market
Every figure cited from GVR research
North America crane market highlights
- The North America crane market generated a revenue of USD 14,636.5 million in 2025.
- The market is expected to grow at a CAGR of 5.8% from 2026 to 2033.
- In terms of segment, mobile was the largest revenue generating product in 2025.
- Mobile is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 14,636.5 million |
| Market revenue in 2033 | USD 22,655.9 million |
| Growth rate | 5.8% (CAGR from 2026 to 2033) |
| Largest segment | Mobile |
| Fastest growing segment | Mobile |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed, Mobile |
Other key industry trends
- In terms of revenue, North America region accounted for 38.0% of the global crane market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,129.0 million by 2033.
No credit card required*
Publish Date: May 11, 2026
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Crane Market Scope
Crane Market segmentation & scope
Crane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Caterpillar Inc | View profile | 121,173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | www.caterpillar.com |
| Komatsu Ltd | View profile | 70,608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | www.komatsu.jp |
| Hitachi Construction Machinery Co Ltd | View profile | 27,697 | 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, Japan, 110-0015 | www.hitachicm.com |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | www.liebherr.com |
| Terex Corp | View profile | 10,200 | 45 Glover Avenue, 4th Floor, Norwalk, CT, United States, 06850 | www.terex.com |
| Cargotec Oyj ADR | View profile | 11,266 | Porkkalankatu 5, Helsinki, Finland, 00180 | www.cargotec.com |
| Zoomlion Heavy Industry Science and Technology Co Ltd ADR | View profile | 30,563 | No. 361, Yinpen South Road, Hunan Province, Changsha, China, People's Republic of, 410013 | en.zoomlion.com |
| XCMG | View profile | 11-50 | Santiago, Region Metropolitana, Chile, South America | xcmg.cl |
| Sany Group | View profile | 10001+ | Changshan, Hunan, China, Asia | www.sanyglobal.com |
| Konecranes Oyj | View profile | 16,553 | Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 | www.konecranes.com |
North America Crane Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Crane Market Outlook will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 83.0% in 2025.
Horizon Databook has segmented the North America crane market based on fixed, mobile covering the revenue growth of each sub-segment from 2021 to 2033.
- North America Crane Market Product Outlook (Revenue, USD Million , 2021-2033)
- Fixed
- Mobile
- North America Crane Market Application Outlook (Revenue, USD Million , 2021-2033)
- Construction
- Mining
- Industrial
- Oil & Gas
- Others
Reasons to subscribe to Crane Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Crane Market Outlook databook
- Our clientele includes a mix of Crane Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America Crane Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Crane Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Crane Market, 2021-2033 (US$M)
North America Product - Crane Market Statistics, 2025 - 2033 (US$M)
