The import of mobile lifting frames on tyres and straddle carriers to the US is expected to see a steady growth from 2024 to 2028. In 2024, imports are projected to reach 137.17 million USD, increasing every year until reaching 161.36 million USD in 2028. The year-on-year growth rate is around 4.5% for the upcoming years.
In 2023, the actual import value stood slightly below 137.17 million USD as we are projecting an increase from this base year in 2024. Observing a compound annual growth rate (CAGR) of about 4.1% from 2024 to 2028, the data suggests a positive trend correlating with increased infrastructure development and industrial expansions within the US.
Future trends to watch for include technological advances in lifting equipment, changes in trade policies that might impact import costs, and the strengthening of domestic manufacturing capacities, which could affect the import demand for these mobile lifting devices.
