Rough terrain cranes are an excellent choice for all types of off-road uses. They owe this to their hardy and sturdy construction. Moreover, a number of steps are taken to ensure that they are appropriate for rough terrain. The durability of the cranes and their adaptability makes them ideal for use in a wide variety of circumstances. There are several features of rough terrain cranes that give them added advantages over other types of lift trucks. These include their easy handling, their flexibility in terms of placement on hard-working sites, and the ease with which they can be moved from one work site to another, and the ease with which they can be stored when not in use. All of these features contribute to the increased profitability of using cranes on a regular basis. Furthermore, many of them have been designed to save time and labor by minimizing operation costs. Some also feature emergency rescue features that allow them to lift people from dangerous or collapsing work sites.
Implementation of automated technologies to reduce human interaction in production facilities is expected to boost the MEA rough terrain cranes market growth over the forecast period. Many industries have started adopting automatic cranes, in order to reduce human interaction in dangerous working conditions. For instance, in February 2020, Manitowoc launched Grove GRT8120 rough-terrain crane. This, in turn, has increased the adoption of rough terrain cranes across various industries.
Furthermore, rapid growth of construction and transportation is expected to accelerate growth of the MEA rough terrain cranes market in the near future.
Market Dynamics
Implementation of automated technologies to reduce human interaction in production facilities is expected to boost the MEA rough terrain cranes market growth over the forecast period. Many industries have started adopting automatic cranes, in order to reduce human interaction in dangerous working conditions. For instance, in February 2020, Manitowoc launched Grove GRT8120 rough-terrain crane. This, in turn, has increased the adoption of rough terrain cranes across various industries.
Furthermore, rapid growth of construction and transportation is expected to accelerate growth of the MEA rough terrain cranes market in the near future.
Key features of the study:
- This report provides in-depth analysis of the MEA rough terrain cranes market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, country outlook, and competitive strategies adopted by key players
- It profiles key players in the MEA rough terrain cranes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include The Manitowoc Company, Inc., Terex Corporation, KATO WORKS CO., LTD., Tadano Ltd., Sany Heavy Industry Co., Ltd, Zoomlion Heavy Industry Science And Technology Co., Ltd., Xuzhou Construction Machinery Group Co., Ltd., and Liebherr Group.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The MEA rough terrain cranes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the MEA rough terrain cranes market
Detailed Segmentation:
MEA Rough Terrain Cranes Market, By Lifting Capacity:
- Upto 25 Tonnes
- 25 T-50 Tonnes
- 50 T-75 Tonnes
- 75 T-100 Tonnes
- More than 100 Tonnes
MEA Rough Terrain Cranes Market, By Boom Length:
- Upto 25 Tonnes
- 25 T-35 Tonnes
- 35 T-50 Tonnes
- More than 50 Tonnes
MEA Rough Terrain Cranes Market, By Country:
- GCC
- Israel
- Turkey
- South Africa
- Northern Africa
- Rest of Middle East and Africa
Company Profiles
- The Manitowoc Company, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Terex Corporation
- KATO WORKS CO., LTD.
- Tadano Ltd.
- Sany Heavy Industry Co., Ltd
- Zoomlion Heavy Industry Science And Technology Co., Ltd.
- Xuzhou Construction Machinery Group Co., Ltd.
- Liebherr Group.
Frequently Asked Questions about the MEA Rough Terrain Cranes Market
What is the estimated value of the MEA Rough Terrain Cranes Market?
What is the growth rate of the MEA Rough Terrain Cranes Market?
What is the forecasted size of the MEA Rough Terrain Cranes Market?
Who are the key companies in the MEA Rough Terrain Cranes Market?
Report Attribute | Details |
---|---|
No. of Pages | 170 |
Published | October 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 119.7 Million |
Forecasted Market Value ( USD | $ 188 Million |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Africa, Middle East |
Table of Contents
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. MEA Rough Terrain Cranes Market, By Lifting Capacity, 2017-2028 (US$ Million)
5. MEA Rough Terrain Cranes Market, By Boom Length, 2017-2028 (US$ Million)
6. MEA Rough Terrain Cranes Market, By Country, 2017-2028 (US$ Million)
7. Competitive Landscape
8. Section
Companies Mentioned
A selection of companies mentioned in this report includes:
- The Manitowoc Company Inc.
- Terex Corporation
- KATO WORKS CO. Ltd.
- Tadano Ltd.
- Sany Heavy Industry Co. Ltd
- Zoomlion Heavy Industry Science And Technology Co. Ltd.
- Xuzhou Construction Machinery Group Co. Ltd.
- Liebherr Group.