According to IMARC Group, the global crane market reached USD 53.6 billion in 2024 and is set to grow to USD 77.9 billion by 2033, registering a CAGR of 3.82% during 2025-2033. Asia Pacific led the market with a 45.0% share in 2024. The growth is attributed to the rising use of cranes for oil and gas exploration, industrial operations, and increased renewable energy project investments. https://www.imarcgroup.com/crane-market