The mobile cranes market size value per capita in the US has been on a declining trend from $14.32 in 2013 to $9.24 in 2023. The last two years showed a downward trend: from 2021 to 2022, a decrease of 2.3%, and from 2022 to 2023, a drop of 2.3%. The five-year CAGR from 2018 to 2023 was -2.31%, indicating a consistent decrease in market size value over this period.

Future trends to watch for include:

Technological advancements in crane manufacturing and operation, potentially boosting market value.
Infrastructure development projects that may increase demand for mobile cranes.
Economic factors impacting construction activities, which directly influence market size.