Key Insights
The North American mobile crane market, currently experiencing robust growth with a CAGR exceeding 6%, presents a significant opportunity for industry players. Driven by sustained infrastructure development, particularly in the United States and Canada, the market is projected to witness substantial expansion throughout the forecast period (2025-2033). Key segments fueling this growth include wheel-mounted mobile cranes, favored for their versatility in construction projects, and truck-mounted cranes, crucial for efficient material handling in various applications. The construction sector remains the primary driver, with ongoing investments in residential, commercial, and infrastructure projects. Mining and excavation activities also contribute significantly to market demand, especially given the increasing need for efficient material transport in large-scale mining operations. While rising material costs and supply chain disruptions pose potential restraints, the long-term outlook remains positive, propelled by government initiatives promoting infrastructure modernization and a growing need for efficient logistics solutions across multiple industries.
The market is highly competitive, with established players like Konecranes, Liebherr, and Manitowoc Cranes holding significant market share. However, the presence of several regional and specialized manufacturers creates a dynamic landscape. The strategic focus of major players is shifting towards innovative technologies, including automation, remote operation, and enhanced safety features. This technological advancement aims to improve operational efficiency, reduce labor costs, and enhance overall safety standards. Furthermore, the increasing adoption of sustainable practices in the construction and mining sectors is creating demand for eco-friendly cranes that minimize environmental impact, driving innovation in crane design and manufacturing. The market segmentation reveals a clear dominance of the United States within North America, followed by Canada and Mexico. Further analysis will reveal sub-segment growth within each country depending on construction project pipelines and government investments.

North America Mobile Crane Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the North America mobile crane market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. With a focus on market dynamics, industry trends, leading segments, and key players, this report covers the historical period (2019-2024), base year (2025), and forecast period (2025-2033). The market size is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period.
North America Mobile Crane Market Market Dynamics & Concentration
The North American mobile crane market is characterized by a moderately concentrated landscape, with key players like Konecranes, Liebherr Group, and Manitowoc Cranes holding significant market share. Market concentration is influenced by factors such as economies of scale, technological advancements, and M&A activities. Innovation in areas like electric and hybrid cranes, enhanced safety features, and telematics is driving market growth. Stringent regulatory frameworks regarding safety and emissions are shaping industry practices. Product substitutes, such as specialized lifting equipment, pose a moderate competitive threat. End-user trends favor increased efficiency, safety, and sustainability, driving demand for advanced mobile crane technologies. The market has seen a moderate level of M&A activity in recent years, with notable mergers like the 2021 Cargotec and Konecranes merger impacting market structure.
- Market Share: Top 5 players hold approximately xx% of the market share in 2025.
- M&A Activity: An estimated xx M&A deals occurred between 2019 and 2024.
North America Mobile Crane Market Industry Trends & Analysis
The North American mobile crane market is experiencing robust growth, driven by factors such as increasing infrastructure development, expanding construction activities, and the growth of renewable energy projects. Technological advancements, such as the adoption of autonomous and remotely operated cranes, are disrupting the industry, enhancing efficiency and safety. Consumer preferences are shifting towards eco-friendly and technologically advanced solutions, prompting manufacturers to focus on sustainability and innovation. Intense competition among established players and new entrants fuels innovation and price optimization. The market demonstrates a high degree of penetration in the construction sector, while other application types are exhibiting moderate growth potential.
- Market Growth Drivers: Infrastructure projects (roads, bridges, buildings), renewable energy expansion, rising urbanization.
- Technological Disruptions: Automation, remote operation, electric/hybrid power systems.
- CAGR: The market is expected to experience a CAGR of xx% during the forecast period (2025-2033).
- Market Penetration: High penetration in construction; moderate penetration in mining, marine, and other sectors.

Leading Markets & Segments in North America Mobile Crane Market
The construction sector dominates the application type segment, driven by robust infrastructure spending and commercial construction activity across North America. Within the crane types, wheel-mounted mobile cranes represent the largest segment due to their versatility and wide application range. Geographically, the US holds the largest market share, driven by strong economic activity and significant infrastructure projects. Canada also represents a significant market, albeit smaller than the US.
- Key Drivers (US): Large-scale infrastructure projects, robust construction activity, government investments in transportation and energy infrastructure.
- Key Drivers (Canada): Oil & gas infrastructure development, resource extraction activities, and growing urbanization.
- Dominant Segments: Wheel-mounted mobile cranes, Construction application type, United States.
North America Mobile Crane Market Product Developments
Recent years have witnessed significant product innovations, with a focus on enhancing safety, efficiency, and environmental sustainability. Manufacturers are introducing electric and hybrid mobile cranes to reduce emissions and improve operational costs. Advanced telematics systems enable remote monitoring and diagnostics, enhancing operational efficiency and reducing downtime. These developments align with the market's increasing demand for eco-friendly and technologically advanced solutions. Improved safety features, such as advanced load moment indicators and anti-collision systems, are further enhancing the appeal of these cranes.
Key Drivers of North America Mobile Crane Market Growth
The North American mobile crane market's growth is propelled by substantial government investment in infrastructure development, the ongoing expansion of renewable energy projects, and a steady rise in industrial construction activities. Furthermore, technological innovations, such as the introduction of electric and hybrid cranes, along with the integration of advanced telematics systems, contribute to increased efficiency and reduced operational costs. Favorable economic conditions across key regions further amplify market growth.
Challenges in the North America Mobile Crane Market Market
The North America mobile crane market faces challenges from fluctuating raw material prices, impacting production costs. Supply chain disruptions continue to affect timely deliveries and potentially hinder project timelines. Intense competition among established and emerging players requires constant innovation and strategic pricing to maintain market share. Stringent regulatory requirements relating to emissions and safety add to operational complexity and compliance costs. These factors can lead to price increases and project delays.
Emerging Opportunities in North America Mobile Crane Market
Significant growth opportunities exist through strategic partnerships between crane manufacturers and technology providers. The expansion of renewable energy infrastructure projects presents substantial market potential. Technological advancements, particularly in automation and remote operation, will create new markets and enhance existing applications. Focus on sustainability and the adoption of eco-friendly technologies will further strengthen market positions.
Leading Players in the North America Mobile Crane Market Sector
- Konecranes
- Kobelco Cranes Co Limited
- Favelle Favco Group
- Liebherr Group
- Terex Corporation
- Sumitomo Heavy Industries Construction Cranes Co Ltd
- Palfinger AG
- Cargotec Corporation
- Tadano Demag GmbH
- Manitowoc Cranes
Key Milestones in North America Mobile Crane Market Industry
- 2021: Cargotec and Konecranes announced a strategic merger, impacting market consolidation and future strategies.
- January 2022: Global Ports installed 2 new Liebherr LHM 550 mobile harbor cranes, highlighting advancements in harbor crane technology and increased capacity.
- 2022: Grupo CICE ordered eco-efficient Konecranes Gottwald mobile harbor cranes, signaling a shift towards sustainable solutions in the port sector.
Strategic Outlook for North America Mobile Crane Market Market
The North America mobile crane market shows strong long-term growth potential, driven by ongoing infrastructure development, the increasing demand for sustainable solutions, and continued technological advancements. Strategic partnerships, focused innovation in areas like automation and electrification, and expansion into new application segments will be critical for sustained success in this competitive landscape. The market is poised for further growth and consolidation over the forecast period.
North America Mobile Crane Market Segmentation
-
1. Type
- 1.1. Wheel-mounted Mobile Crane
- 1.2. Commercial Truck-mounted Crane
- 1.3. Side Boom
- 1.4. Straddle Crane
- 1.5. Railroad Crane
- 1.6. Other Types
-
2. Application Type
- 2.1. Construction
- 2.2. Mining and Excavation
- 2.3. Marine and Offshore
- 2.4. Other Application Types
North America Mobile Crane Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico

North America Mobile Crane Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 6.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Investment in Smart Cities and Housing Is Likely To Drive The Market Growth
- 3.3. Market Restrains
- 3.3.1. Lack of Skilled Operators Is Anticipate To Restrict The Market Growth
- 3.4. Market Trends
- 3.4.1. Growth of the Oil and Gas Industry in North America is Expected to Drive the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Wheel-mounted Mobile Crane
- 5.1.2. Commercial Truck-mounted Crane
- 5.1.3. Side Boom
- 5.1.4. Straddle Crane
- 5.1.5. Railroad Crane
- 5.1.6. Other Types
- 5.2. Market Analysis, Insights and Forecast - by Application Type
- 5.2.1. Construction
- 5.2.2. Mining and Excavation
- 5.2.3. Marine and Offshore
- 5.2.4. Other Application Types
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. United States North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
- 7. Canada North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
- 8. Mexico North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
- 9. Rest of North America North America Mobile Crane Market Analysis, Insights and Forecast, 2019-2031
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Konecranes
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Kobelco Cranes Co Limited
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Favelle Favco Group
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Liebherr Group
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Terex Corporatio
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Sumitomo Heavy Industries Construction Cranes Co Ltd
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Palfinger AG
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Cargotec Corporation
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Tadano Demag GmbH
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 Manitowoc Cranes
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.1 Konecranes
List of Figures
- Figure 1: North America Mobile Crane Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Mobile Crane Market Share (%) by Company 2024
List of Tables
- Table 1: North America Mobile Crane Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Mobile Crane Market Revenue Million Forecast, by Type 2019 & 2032
- Table 3: North America Mobile Crane Market Revenue Million Forecast, by Application Type 2019 & 2032
- Table 4: North America Mobile Crane Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: North America Mobile Crane Market Revenue Million Forecast, by Country 2019 & 2032
- Table 6: United States North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Canada North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Mexico North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Rest of North America North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: North America Mobile Crane Market Revenue Million Forecast, by Type 2019 & 2032
- Table 11: North America Mobile Crane Market Revenue Million Forecast, by Application Type 2019 & 2032
- Table 12: North America Mobile Crane Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: United States North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Canada North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Mexico North America Mobile Crane Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Mobile Crane Market?
The projected CAGR is approximately > 6.00%.
2. Which companies are prominent players in the North America Mobile Crane Market?
Key companies in the market include Konecranes, Kobelco Cranes Co Limited, Favelle Favco Group, Liebherr Group, Terex Corporatio, Sumitomo Heavy Industries Construction Cranes Co Ltd, Palfinger AG, Cargotec Corporation, Tadano Demag GmbH, Manitowoc Cranes.
3. What are the main segments of the North America Mobile Crane Market?
The market segments include Type, Application Type.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Investment in Smart Cities and Housing Is Likely To Drive The Market Growth.
6. What are the notable trends driving market growth?
Growth of the Oil and Gas Industry in North America is Expected to Drive the Market.
7. Are there any restraints impacting market growth?
Lack of Skilled Operators Is Anticipate To Restrict The Market Growth.
8. Can you provide examples of recent developments in the market?
In 2022, Grupo CICE, a Mexican terminal operator group, ordered an eco-efficient generation 6 Konecranes Gottwald mobile harbor cranes, which is the first order of cranes. More orders are by the end of FY 2022.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Mobile Crane Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Mobile Crane Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Mobile Crane Market?
To stay informed about further developments, trends, and reports in the North America Mobile Crane Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence