PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565985
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565985
Middle East and Africa Mobile Crane Market, By Type; By Boom Type; By Carrier Type; By Application; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Middle East and Africa Mobile Crane Market Size to Surpass Significant Value of USD 2.95 Billion by 2030
Middle East and Africa Mobile Crane Market is flourishing due to surging infrastructure growth, an increasing focus on fuel efficiency, and growing adoption of advancements in crane technologies.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa Mobile Crane Market size by value at USD 1.92 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Middle East and Africa Mobile Crane Market size to expand at a CAGR of 6.4% reaching a value of USD 2.95 billion by 2030. The Mobile Crane Market in Middle East and Africa is propelled by increasing demand for high performance, fuel efficient cranes with lower carbon emissions. The trend encourages companies to innovate, particularly in the truck crane segment. Additionally, the surge in global infrastructure projects has heightened the need for cranes featuring advanced mechanization, high loading capacities, low fuel consumption, and ease of maintenance. Modern mobile cranes now incorporate advanced driven and control systems, with features that enhance productivity and reduce fuel usage. For instance, Zoomlion's cranes include an energy-saving system that decreases fuel consumption by 20%, down to 4.5 liters per hour. Increased environmental awareness has led manufacturers to adopt adjustable hydraulic systems and multi-mode power functions, further reducing fuel use and adapting to new trends. Trends such as electrification, renewable energy sources, and advancements in hydrogen production and storage are also shaping the market. These innovations and technologies are expected to attract new customers and expand market presence, is expected to fuel the Middle East and Africa Mobile Crane Market growth during the period in analysis.
Opportunity - Growing market for used cranes
Middle East and Africa Mobile Crane Market is witnessing significant growth, driven by increasing investments in new equipment and technological advancements. Al Faris, a prominent Dubai-based heavy lift and transport specialist, exemplifies this trend with its substantial fleet expansion, boasting around 2,500 cranes valued over USD 1.5 billion. The company's strategic investments in state-of-the-art cranes, such as Liebherr's LTM 1300-6.3 and Tadano's GR-800EX, reflect a broader industry shift towards modernizing equipment to meet growing market demands. This evolving landscape not only highlights the robust demand for mobile cranes but also underscores the opportunities within the used crane market, as firms seek to enhance their capabilities and tackle diverse lifting challenges across the region.
Construction Segment Dominates MEA Mobile Crane Market by Application
The construction application segment holds the major share in Middle East and Africa Mobile Crane Market, primarily due to rapid urbanization and the resultant booming infrastructure development. Developing countries are focusing on infrastructure development to elevate living standards and boost economic competitiveness, thereby expanding market opportunities. Technological advancements are anticipated to increase the use of mobile cranes in the oil and gas industry, enhancing refinery efficiency. Although shipbuilding will see steady growth from ongoing port developments, the demand and application of mobile cranes are expected to grow across countries in Middle East and Africa region.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Mobile Crane Market
Middle East and Africa Mobile Crane Market may face significant challenges from intensifying geopolitical tensions across the world. Political instability and conflicts can disrupt construction projects, resulting in delays and cancellations that directly impact crane demand. Trade restrictions and economic sanctions complicate the acquisition of advanced cranes and spare parts, raising operational costs. Furthermore, fluctuating oil prices, driven by geopolitical uncertainties, strain budgets and restrict investment in new equipment. These factors collectively impede market growth, creating an unpredictable environment for manufacturers and rental companies. Despite opportunities for infrastructure development, the volatile geopolitical landscape remains a crucial challenge for the region's mobile crane market.
Competitive Landscape
Middle East and Africa Mobile Crane Market is fragmented, with numerous players serving the market. The key players dominating Middle East and Africa Mobile Crane Market include Liebherr Group, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co Ltd, Manitowoc Company Inc, Tadano Ltd, Sany Group, Konecranes Plc, XCMG Group, Kobelco Construction Machinery Co Ltd, and Demag Cranes AG. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Middle East and Africa Mobile Crane Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Mobile Crane Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Mobile Crane Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Driver
- 3.2.1.1. Infrastructure Growth
- 3.2.1.2. Focus on Fuel Efficiency
- 3.2.1.3. Advancements in Technology
- 3.2.2. Restraints
- 3.2.2.1. High Costs
- 3.2.2.2. Skilled Labor Shortage
- 3.2.3. Opportunities
- 3.2.3.1. Rental Market Growth
- 3.2.3.2. Used Crane Market
- 3.2.3.3. Emerging Economies
- 3.2.4. Challenges
- 3.2.4.1. Political Instability
- 3.2.4.2. Fluctuating Oil Prices
- 3.2.1. Growth Driver
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Middle East and Africa Mobile Crane Market Overview
- 4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Type
- 4.2.1.1. Truck Crane
- 4.2.1.2. All Terrain Crane
- 4.2.1.3. Rough Terrain Crane
- 4.2.1.4. Crawler Crane
- 4.2.1.5. Others (Loader Crane, etc.)
- 4.2.2. By Boom Type
- 4.2.2.1. Lattice Boom
- 4.2.2.2. Telescopic Boom
- 4.2.3. By Carrier Type
- 4.2.3.1. Wheel mounted
- 4.2.3.2. Track mounted
- 4.2.4. By Application
- 4.2.4.1. Construction
- 4.2.4.2. Oil & Gas
- 4.2.4.3. Ship Building
- 4.2.4.4. Power & Utilities
- 4.2.4.5. Others (Mining, etc.)
- 4.2.5. By Country
- 4.2.5.1. Saudi Arabia
- 4.2.5.2. UAE
- 4.2.5.3. Qatar
- 4.2.5.4. Kuwait
- 4.2.5.5. South Africa
- 4.2.5.6. Nigeria
- 4.2.5.7. Algeria
- 4.2.5.8. Rest of MEA
- 4.2.1. By Type
5. Saudi Arabia Mobile Crane Market
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Boom Type
- 5.2.3. By Carrier Type
- 5.2.4. By Application
6. UAE Mobile Crane Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Boom Type
- 6.2.3. By Carrier Type
- 6.2.4. By Application
7. Qatar Mobile Crane Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Boom Type
- 7.2.3. By Carrier Type
- 7.2.4. By Application
8. Kuwait Mobile Crane Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Boom Type
- 8.2.3. By Carrier Type
- 8.2.4. By Application
9. South Africa Mobile Crane Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Boom Type
- 9.2.3. By Carrier Type
- 9.2.4. By Application
10. Nigeria Mobile Crane Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Boom Type
- 10.2.3. By Carrier Type
- 10.2.4. By Application
11. Algeria Mobile Crane Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Boom Type
- 11.2.3. By Carrier Type
- 11.2.4. By Application
12. Rest of MEA Mobile Crane Market
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Boom Type
- 12.2.3. By Carrier Type
- 12.2.4. By Application
13. Competitive Landscape
- 13.1. List of Key Players and Their Offerings
- 13.2. Middle East and Africa Mobile Crane Market Share Analysis, 2023
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
14. Impact of Escalated Geopolitical Tensions on Middle East and Africa Mobile Crane Market
15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 15.1. Liebherr Group
- 15.2. Terex Corporation
- 15.3. Zoomlion Heavy Industry Science and Technology Co., Ltd
- 15.4. Manitowoc Company, Inc.
- 15.5. Tadano Ltd
- 15.6. Sany Group
- 15.7. Konecranes Plc
- 15.8. XCMG Group
- 15.9. Kobelco Construction Machinery Co., Ltd
- 15.10. Demag Cranes AG
- 15.11. Other Prominent Players
16. Key Strategic Recommendations
17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Region
- 17.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Middle East and Africa Mobile Crane Market Segmentation
- Figure 2 Middle East and Africa Mobile Crane Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Middle East and Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 5 Middle East and Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 6 Middle East and Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 7 Middle East and Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 8 Middle East and Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 9 Middle East and Africa Mobile Crane Market Share, By Country, By Value, 2019-2030
- Figure 10 Saudi Arabia Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 11 Saudi Arabia Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 12 Saudi Arabia Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 13 Saudi Arabia Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 14 Saudi Arabia Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 15 UAE Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 16 UAE Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 17 UAE Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 18 UAE Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 19 UAE Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 20 Qatar Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 21 Qatar Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 22 Qatar Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 23 Qatar Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 24 Qatar Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 25 Kuwait Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 26 Kuwait Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 27 Kuwait Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 28 Kuwait Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 29 Kuwait Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 30 South Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 31 South Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 32 South Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 33 South Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 34 South Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 35 Nigeria Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 36 Nigeria Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 37 Nigeria Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 38 Nigeria Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 39 Nigeria Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 40 Algeria Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 41 Algeria Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 42 Algeria Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 43 Algeria Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 44 Algeria Mobile Crane Market Share, By Application, By Value, 2019-2030
- Figure 45 Rest of Middle East & Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Figure 46 Rest of Middle East & Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Figure 47 Rest of Middle East & Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Figure 48 Rest of Middle East & Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Figure 49 Rest of Middle East & Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
List of Tables
- Table 1 Middle East and Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 2 Middle East and Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 3 Middle East and Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 4 Middle East and Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 5 Middle East and Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 6 Middle East and Africa Mobile Crane Market Share, By Country, By Value, 2019-2030
- Table 7 Saudi Arabia Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 8 Saudi Arabia Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 9 Saudi Arabia Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 10 Saudi Arabia Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 11 Saudi Arabia Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 12 UAE Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 13 UAE Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 14 UAE Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 15 UAE Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 16 UAE Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 17 Qatar Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 18 Qatar Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 19 Qatar Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 20 Qatar Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 21 Qatar Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 22 Kuwait Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 23 Kuwait Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 24 Kuwait Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 25 Kuwait Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 26 Kuwait Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 27 South Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 28 South Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 29 South Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 30 South Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 31 South Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 32 Nigeria Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 33 Nigeria Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 34 Nigeria Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 35 Nigeria Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 36 Nigeria Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 37 Algeria Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 38 Algeria Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 39 Algeria Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 40 Algeria Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 41 Algeria Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 42 Rest of Middle East & Africa Mobile Crane Market Size, By Value (USD Billion), 2019-2030
- Table 43 Rest of Middle East & Africa Mobile Crane Market Share, By Type, By Value, 2019-2030
- Table 44 Rest of Middle East & Africa Mobile Crane Market Share, By Boom Type, By Value, 2019-2030
- Table 45 Rest of Middle East & Africa Mobile Crane Market Share, By Carrier Type, By Value, 2019-2030
- Table 46 Rest of Middle East & Africa Mobile Crane Market Share, By Application, By Value, 2019-2030
- Table 47 Liebherr Group Company Overview
- Table 48 Liebherr Group Financial Overview
- Table 49 Terex Corporation Company Overview
- Table 50 Terex Corporation Financial Overview
- Table 51 Zoomlion Heavy Industry Science and Technology Co., Ltd Company Overview
- Table 52 Zoomlion Heavy Industry Science and Technology Co., Ltd Financial Overview
- Table 53 Manitowoc Company, Inc. Company Overview
- Table 54 Manitowoc Company, Inc. Financial Overview
- Table 55 Tadano Ltd Company Overview
- Table 56 Tadano Ltd Financial Overview
- Table 57 Sany Group Company Overview
- Table 58 Sany Group Financial Overview
- Table 59 Konecranes Plc Company Overview
- Table 60 Konecranes Plc Financial Overview
- Table 61 XCMG Group Company Overview
- Table 62 XCMG Group Financial Overview
- Table 63 Kobelco Construction Machinery Co., Ltd Company Overview
- Table 64 Kobelco Construction Machinery Co., Ltd Financial Overview
- Table 65 Demag Cranes AG Company Overview
- Table 66 Demag Cranes AG Financial Overview
- Table 67 Other Prominent Players Company Overview
- Table 68 Other Prominent Players Financial Overview
