• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Truck Crane Market

    ID: MRFR/CO/16300-HCR
    100 Pages
    Snehal Singh
    September 2025

    US Truck Crane Market Research Report: By Type (Mounted Cranes, Sidelift Cranes, Boom Truck Cranes, Others) and By Application (Construction, Industries, Utilities, Others) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Truck Crane Market Research Report - Forecast Till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    US Truck Crane Market Summary

    The US Truck Crane market is projected to grow from 1.68 USD Billion in 2024 to 2.81 USD Billion by 2035, indicating a robust growth trajectory.

    Key Market Trends & Highlights

    US Truck Crane Key Trends and Highlights

    • The US Truck Crane market is valued at 1.68 USD Billion in 2024.
    • By 2035, the market is expected to reach 2.81 USD Billion, reflecting a notable increase.
    • The compound annual growth rate (CAGR) from 2025 to 2035 is estimated at 4.79%.
    • Growing adoption of advanced lifting technologies due to increasing infrastructure projects is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.68 (USD Billion)
    2035 Market Size 2.81 (USD Billion)
    CAGR (2025-2035) 4.79%

    Major Players

    Manitowoc, Hercules Machinery, Broderson Manufacturing, Kato Works, Fassi, Hewden, Tadano, XCMG, National Crane, Terex, Clark Equipment, LinkBelt, Altec Industries, Zoomlion

    US Truck Crane Market Trends

    The US Truck Crane Market is experiencing significant trends driven by several key factors. One prominent market driver is the increasing demand for infrastructure development across the country. With the recent emphasis on rebuilding the nation's infrastructure, government initiatives are leading to a surge in construction projects, thus boosting the demand for truck cranes. Additionally, technological advancements in crane design and efficiency are influencing market dynamics. The incorporation of telematics and advanced hydraulics allows for better operational efficiency and safety, which are crucial in today’s competitive landscape.

    Opportunities in the US Truck Crane Market involve the growing adoption of electric and hybrid crane models.As businesses and municipalities aim for eco-friendly solutions, these alternatives present a unique chance for manufacturers to capture an evolving market segment focused on sustainability. Furthermore, there is potential in expanding service offerings, including maintenance and training services, which can enhance customer loyalty and retention. In recent times, trends such as an uptick in rental services for truck cranes are becoming more apparent. Many construction companies prefer renting equipment over purchasing due to cost-effectiveness, leading to an increased focus on rental fleet management.

    This shift is particularly notable in metropolitan areas where construction activity is high and space is limited, encouraging companies to utilize rental services for flexibility.Overall, the US Truck Crane Market is adapting to changing needs, preferences, and regulatory pressures, shaping a dynamic environment for stakeholders.

    US Truck Crane Market Drivers

    Market Segment Insights

    Truck Crane Market Type Insights

    The US Truck Crane Market has displayed notable growth and versatility, attributed to various types of cranes employed across diverse sectors such as construction, oil and gas, and telecommunications. The market segmentation based on Type is critical in understanding the dynamics of the industry. Among these, Mounted Cranes have gained traction due to their adaptability and ease of use, allowing for efficient operation in tight urban environments.

    Sidelift Cranes are significant for their unique design that enables the transportation of containers and heavy loads, playing a vital role in logistics and warehouse management.Boom Truck Cranes are recognized for their versatility and reach, ideal for various applications including heavy lifting and construction tasks, which makes them a go-to choice for contractors looking for efficient equipment. The category of Others incorporates various niche cranes that serve specialized applications, demonstrating the diverse needs of end-users in various industries.

    As urban infrastructure evolves and construction projects become increasingly complex, the demand for these cranes is expected to grow, driven by technological advancements and rising construction activities across the United States.Additionally, regulatory changes that promote safer and more efficient lifting solutions are likely to propel the uptake of various types of cranes within the market. With advancements in materials and manufacturing processes, these crane types are becoming more efficient, durable, and user-friendly, which is essential as industries seek to optimize their operations and reduce costs.

    Overall, the segmentation by Type within the US Truck Crane Market highlights a landscape filled with opportunities fostered by technological innovation, regulatory support, and evolving industrial requirements.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Truck Crane Market Application Insights

    The US Truck Crane Market is significantly influenced by its application across various sectors, including Construction, Industries, Utilities, and Others. The Construction sector plays a pivotal role, often demanding high-capacity cranes for lifting heavy materials, thereby enhancing project efficiency and safety. Furthermore, the Industrial sector benefits from truck cranes for manufacturing and assembly processes, reflecting their importance in maintaining productivity in factories and warehouses.

    Utilities also require these cranes to facilitate repairs and upgrades to infrastructure such as power lines and water systems, which is crucial for maintaining service reliability.Additionally, other applications, encompassing various tasks from military to forestry, contribute to market diversity. With the forecasted growth in infrastructure development in the US and rising investments in industrial facilities, the overall demand for truck cranes remains strong. This trend is supported by ongoing advancements in crane technology that promote safety and efficiency, making truck cranes an integral part of many operations across the US economy.

    Get more detailed insights about US Truck Crane Market Research Report - Forecast Till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Truck Crane Market showcases a dynamic competitive landscape characterized by innovation, quality, and specialized products tailored to meet diverse industry demands. Companies in this market are striving to differentiate themselves through advancements in technology, enhanced lifting capacities, and improved safety features. As the construction and infrastructure sectors continue to expand, the market remains resilient, fueled by ongoing investments and projects leading to heightened demand for truck cranes. The competitive insights reveal a blend of established players and emerging firms positioning themselves strategically through mergers, acquisitions, and alliances to capture market share and respond to changing customer preferences.

    Understanding the strengths and positioning of key market participants is vital for stakeholders looking to navigate this evolving landscape effectively.Manitowoc has established a considerable presence in the US Truck Crane Market, recognized for its commitment to quality and engineering excellence. The company's strengths lie in its innovative designs that prioritize safety, efficiency, and robustness. By implementing advanced technologies in their truck cranes, Manitowoc effectively addresses the demands of modern construction projects. The firm has built a reputation for reliability and performance, ensuring that their cranes can handle rigorous tasks across various applications.

    Manitowoc's strategic focus on enhancing service networks and providing robust customer support has further solidified its standing, making it a preferred choice among contractors and businesses requiring lifting solutions in the US.Hercules Machinery operates within the US Truck Crane Market, offering a comprehensive range of products and services tailored to meet the needs of different industries, including construction and logistics. The company stands out due to its specialized lifting equipment and fleet maintenance services that ensure optimal operational efficiency for clients.

    Hercules Machinery’s strengths are evident in its commitment to quality, competitive pricing, and customer-centric approach, which has fueled its growth and market presence. The company has engaged in strategic partnerships and mergers, enhancing its capabilities and expanding its product portfolio. By focusing on regional demands and strengthening its distribution network, Hercules Machinery continues to position itself favorably in the US market, delivering value through innovative solutions and exceptional service.

    Key Companies in the US Truck Crane Market market include

    Industry Developments

    The US Truck Crane Market has experienced significant developments recently, particularly in July 2023 when Terex announced enhancements in their product line to improve operational efficiency and reduce emissions. In August 2023, Manitowoc introduced new models to meet growing demand in infrastructure projects, effectively increasing their market share. Meanwhile, growth in overall market valuation has been reported, with major companies like Tadano and XCMG exhibiting robust financial performance due to increased construction and infrastructure investments in the US.

    There have been no publicly reported mergers or acquisitions involving the specified companies such as Hercules Machinery, Broderson Manufacturing, or LinkBelt in recent months. In terms of market conditions, the US government’s push for infrastructure development is driving demand for truck cranes, with projects expected to materialize over 2024 and beyond. Significant happenings in recent years include Clark Equipment's diversification initiatives announced in March 2022, emphasizing a strategic focus on electric machinery. The market is seeing continued interest in enhanced lifting capabilities, prioritizing safety and technological integration, which is impacting operational standards across the industry.

    Market Segmentation

    Outlook

    • Construction
    • Industries
    • Utilities
    • Others

    Truck Crane Market Type Outlook

    • Mounted Cranes
    • Sidelift Cranes
    • Boom Truck Cranes
    • Others

    Truck Crane Market Application Outlook

    • Construction
    • Industries
    • Utilities
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 1.6(USD Billion)
    MARKET SIZE 2024 1.68(USD Billion)
    MARKET SIZE 2035 2.81(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.796% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Manitowoc, Hercules Machinery, Broderson Manufacturing, Kato Works, Fassi, Hewden, Tadano, XCMG, National Crane, Terex, Clark Equipment, LinkBelt, Altec Industries, Zoomlion
    SEGMENTS COVERED Type, Application
    KEY MARKET OPPORTUNITIES Infrastructure development projects, Increasing construction activity, Rising demand for rental services, Advancements in crane technology, Sustainable and eco-friendly cranes
    KEY MARKET DYNAMICS Growing construction activities, Infrastructure investment increases, Technological advancements in cranes, Demand for rental services, Strict safety regulations
    COUNTRIES COVERED US

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

    Leave a Comment

    FAQs

    What is the expected market size of the US Truck Crane Market in 2024?

    The US Truck Crane Market is expected to be valued at 1.68 USD billion in 2024.

    What is the projected market size of the US Truck Crane Market by 2035?

    By 2035, the US Truck Crane Market is anticipated to reach a valuation of 2.81 USD billion.

    What is the expected CAGR for the US Truck Crane Market during the forecast period?

    The expected compound annual growth rate (CAGR) for the US Truck Crane Market from 2025 to 2035 is 4.796 percent.

    Which type of truck cranes is expected to have the largest market share in 2024?

    Mounted Cranes are projected to hold the largest market share with a value of 0.54 USD billion in 2024.

    What is the market value for Sidelift Cranes in 2035?

    The market value for Sidelift Cranes is expected to be 0.63 USD billion in 2035.

    Who are the major players in the US Truck Crane Market?

    Key players in the US Truck Crane Market include Manitowoc, Broderson Manufacturing, Kato Works, and Terex.

    What is the expected growth rate for Boom Truck Cranes from 2024 to 2035?

    Boom Truck Cranes are anticipated to grow from 0.5 USD billion in 2024 to 0.83 USD billion in 2035.

    What challenges are facing the US Truck Crane Market?

    Challenges include increasing competition and fluctuating raw material costs affecting profit margins.

    What are the expected applications for truck cranes in the coming years?

    Applications include construction, infrastructure development, and specialized lifting tasks across various industries.

    What is the projected market value for 'Others' segment by 2035?

    The 'Others' segment of the US Truck Crane Market is expected to reach a value of 0.44 USD billion by 2035.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Truck Crane Market, BY Type (USD Billion)
    45. Mounted Cranes
    46. Sidelift Cranes
    47. Boom Truck Cranes
    48. Others
    49. US Truck Crane Market, BY Application (USD Billion)
    50. Construction
    51. Industries
    52. Utilities
    53. Others
    54. Competitive Landscape
    55. Overview
    56. Competitive Analysis
    57. Market share Analysis
    58. Major Growth Strategy in the Truck Crane Market
    59. Competitive Benchmarking
    60. Leading Players in Terms of Number of Developments in the Truck Crane Market
    61. Key developments and growth strategies
    62. New Product Launch/Service Deployment
    63. Merger & Acquisitions
    64. Joint Ventures
    65. Major Players Financial Matrix
    66. Sales and Operating Income
    67. Major Players R&D Expenditure. 2023
    68. Company Profiles
    69. Manitowoc
    70. Financial Overview
    71. Products Offered
    72. Key Developments
    73. SWOT Analysis
    74. Key Strategies
    75. Hercules Machinery
    76. Financial Overview
    77. Products Offered
    78. Key Developments
    79. SWOT Analysis
    80. Key Strategies
    81. Broderson Manufacturing
    82. Financial Overview
    83. Products Offered
    84. Key Developments
    85. SWOT Analysis
    86. Key Strategies
    87. Kato Works
    88. Financial Overview
    89. Products Offered
    90. Key Developments
    91. SWOT Analysis
    92. Key Strategies
    93. Fassi
    94. Financial Overview
    95. Products Offered
    96. Key Developments
    97. SWOT Analysis
    98. Key Strategies
    99. Hewden
    100. Financial Overview
    101. Products Offered
    102. Key Developments
    103. SWOT Analysis
    104. Key Strategies
    105. Tadano
    106. Financial Overview
    107. Products Offered
    108. Key Developments
    109. SWOT Analysis
    110. Key Strategies
    111. XCMG
    112. Financial Overview
    113. Products Offered
    114. Key Developments
    115. SWOT Analysis
    116. Key Strategies
    117. National Crane
    118. Financial Overview
    119. Products Offered
    120. Key Developments
    121. SWOT Analysis
    122. Key Strategies
    123. Terex
    124. Financial Overview
    125. Products Offered
    126. Key Developments
    127. SWOT Analysis
    128. Key Strategies
    129. Clark Equipment
    130. Financial Overview
    131. Products Offered
    132. Key Developments
    133. SWOT Analysis
    134. Key Strategies
    135. LinkBelt
    136. Financial Overview
    137. Products Offered
    138. Key Developments
    139. SWOT Analysis
    140. Key Strategies
    141. Altec Industries
    142. Financial Overview
    143. Products Offered
    144. Key Developments
    145. SWOT Analysis
    146. Key Strategies
    147. Zoomlion
    148. Financial Overview
    149. Products Offered
    150. Key Developments
    151. SWOT Analysis
    152. Key Strategies
    153. References
    154. Related Reports
    155. US Truck Crane Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    156. US Truck Crane Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    157. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    158. ACQUISITION/PARTNERSHIP
    159. MARKET SYNOPSIS
    160. US TRUCK CRANE MARKET ANALYSIS BY TYPE
    161. US TRUCK CRANE MARKET ANALYSIS BY APPLICATION
    162. KEY BUYING CRITERIA OF TRUCK CRANE MARKET
    163. RESEARCH PROCESS OF MRFR
    164. DRO ANALYSIS OF TRUCK CRANE MARKET
    165. DRIVERS IMPACT ANALYSIS: TRUCK CRANE MARKET
    166. RESTRAINTS IMPACT ANALYSIS: TRUCK CRANE MARKET
    167. SUPPLY / VALUE CHAIN: TRUCK CRANE MARKET
    168. TRUCK CRANE MARKET, BY TYPE, 2025 (% SHARE)
    169. TRUCK CRANE MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    170. TRUCK CRANE MARKET, BY APPLICATION, 2025 (% SHARE)
    171. TRUCK CRANE MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    172. BENCHMARKING OF MAJOR COMPETITORS

    US Truck Crane Market Segmentation

     

     

     

    • Truck Crane Market By Type (USD Billion, 2019-2035)

      • Mounted Cranes
      • Sidelift Cranes
      • Boom Truck Cranes
      • Others

     

    • Truck Crane Market By Application (USD Billion, 2019-2035)

      • Construction
      • Industries
      • Utilities
      • Others

     

     

     

     

     

     

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials