Forecast: Import of Tower Cranes to the US

The forecast of tower crane imports to the US shows a steady upward trend from 2024 to 2028, with values projected to rise from 37.22 million kilograms in 2024 to 39.498 million kilograms in 2028. The year-on-year growth rate is approximately 1.6% to 1.9% per year. In 2023, the import volume stood slightly below 37.22 million kilograms, indicating consistent growth. The compound annual growth rate (CAGR) over the next five years is projected to be moderate, reflecting gradual market expansion.

Future trends to watch for include:

  • Influences of economic factors such as construction demands and infrastructure investments.
  • Technological advancements in crane efficiency and safety features.
  • Regulatory changes impacting import duties and trade agreements.
  • Global supply chain fluctuations and their impacts on import volumes.

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