Lift and Access Equipment 2024 Equipment Guide | Page 28

Crane Feature

Crane Feature

Reaching Higher Ground

How the US Crane Industry Is Adapting to Labor Shortages, Technological Disruption and Market Growth

By Beth O’ Quinn

The U. S. crane industry continues to be a pillar of the construction, infrastructure and energy sectors, with cranes providing the backbone for large-scale projects nationwide. However, the industry is navigating significant challenges— chief among them labor shortages and technological shifts— that require strategic adaptation. As 2025 approaches, there are also opportunities that promise long-term success for those willing to evolve.

The skilled labor shortage remains the most pressing issue for the industry. An aging workforce, coupled with insufficient recruitment of younger workers, has put significant strain on crane operations. Currently, the construction industry is expected to need an additional half-million workers heading into 2025. This gap is largely due to an exodus of retiring workers— many of whom are seasoned crane operators— and the slow replacement rate by a younger, adequately trained workforce.
Recent data from the Associated General Contractors of America highlights that 85 percent of construction firms report difficulties filling open craft positions, including crane operation roles. This shortage not only raises labor costs, but also delays project timelines and creates safety concerns due to the potential reliance on less-experienced personnel.
Efforts are underway to counteract these trends. Many companies are offering higher wages, bonuses and enhanced benefits to attract and retain talent. Simultaneously, the industry is investing heavily in training programs, including both virtual and augmented reality solutions that help new operators develop skills in simulated environments— while also making trade careers more attractive to younger workers, which will be key to addressing the ongoing shortage.
While these efforts show promise, it will take time to fully close the gap, particularly as older workers continue to retire.
Workforce challenges being what they are, safety remains a top priority in the crane industry. Therefore, compliance with Occupational Safety and Health Administration safety regulations remains a key priority for crane companies
28 l Equipment Guide- October 2024