Rising urbanization in China, India, the US, the UK, Indonesia, and the Philippines has triggered infrastructure investments, and the demand for associated equipment and gadgets. Furthermore, the industry is experiencing steady growth in APAC and Europe due to increased spending on infrastructure developments. According to the Texas Workforce Commission (US), the construction industry in the US is expected to grow at a CAGR of 27.8% during 2014‒2024. The construction industry is growing and becoming more complex every day. Rising Demands from Construction Industry to Boost Global Mobile Crane Market Growth: Global Mobile Crane Market Report Scope, Segmentations, Regional & Country Scope: Market Size Value in New York, Ma(GLOBE NEWSWIRE) - The Insight Partners published latest research study on " Mobile Crane Market Size, Share, Report, Demand, Growth Strategy, Industry Trends and Forecast to 2028 – by Crane Type (Truck Cranes, All-terrain cranes, Rough Terrain Cranes, Crawler Cranes, and Others), Application (Construction, Oil & Gas, Shipping & Port Building, Power & Utilities, and Others), and Geography" the global mobile crane market size is projected to reach USD 22.26 billion by 2028 from USD 17.54 billion in 2021 it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.
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