Rough Terrain Cranes Market to grow at 5.6pc during 2016-2026 : Middle East and Africa Industry Analysis and Opportunity Assessment

ResearchMoz added Latest Research Report titled " Rough Terrain Cranes Market: Medium Lifting Capacity Rough Terrain Cranes (50 Tonnes to 75 Tonnes) Anticipated to be the Most Attractive Segment over the Forecast Period: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016-2026 " to it's Large Report database.

Escalating demand from emerging infrastructure and energy sectors to fuel the MEA rough terrain cranes market growth

The MEA rough terrain cranes market is estimated to reach US$ 226.9 Mn with new sales contributing to 35.2% share in value terms by 2016 end. The rental services of rough terrain cranes in MEA is expected to grow with a CAGR of 5.3% during forecast period to cross US$ 240 Mn by the end of 2026. While the new sales of rough terrain cranes are estimated to grow at a CAGR of 5.9% between 2016 and 2026 to exceed US$ 140 Mn by 2026 end. GCC is expected to remain dominant by volume share in the MEA rough terrain cranes market accounting for over 60% in market value by 2016 end.

MEA Rough Terrain Cranes Rental Equipment: BPS Analysis by Lifting Capacity

Market size for medium capacity (50T-75T and 100 T and above) rough terrain cranes is expected to gain share over the forecast period. The CAGR of 100T and above capacity cranes is 5.8% which is 1.16X more than overall market growth.

Demand for 75 Tonnes to 100 Tonnes capacity rough terrain cranes is expected to remain stagnant over the forecast period as these cranes find more utilisation in large-scale construction projects as well as medium enterprise industrial maintenance applications.

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Despite representing decline in market share for rough terrain cranes in the up to 50 Tonnes capacity, both the categories including less than 25 tonnes and 25-50 Tonnes capacity are collectively expected to add about US$ 14.5 Mn in incremental opportunity over the forecast period.

In the long run, small capacity rough terrain cranes seem profitable for mid-size construction equipment rental enterprises owing to the considerable frequency of rental bookings as well as incidences by small-scale construction developers and industrial MRO service providers.

MEA Rough Terrain Cranes Rental Equipment: Y-o-Y Projections by Lifting Capacity

•     The Y-o-Y growth largely depends on the extent of infrastructural development and industrial and commercial investments in a particular region.
•     Small capacity (<25T) and high capacity (over 50T) rough terrain cranes market is expected to increase during the latter half of the forecast period.
•     Slow economic development in most of the African countries and the long tenure of construction projects is expected to reflect erratic growth prospects over the forecast period.

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Table Of Content

1. Executive Summary

2. Market Overview
2.1. Market Taxonomy
2.2. Rough Terrain Cranes Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.2.4. Trends

3. MEA Rough Terrain Market Analysis By Country
3.1. MEA Rough Terrain Market Analysis By Country
3.2. GCC Rough Terrain Crane Market Analysis and Forecast: Snapshot
3.2.1. GCC Countries Rough Terrain Equipment: Market Forecast By Lifting Capacity
3.2.2 GCC Countries Rough Terrain Equipment: Market Forecast By Boom Length
3.2.3 GCC Rough Terrain Crane Market: Driver Restraint Impact
3.3 Israel Rough Terrain Crane Market Analysis and Forecast: Snapshot
3.3.1. Israel Rough Terrain Equipment: Market Forecast By Lifting Capacity
3.3.2. Israel Rough Terrain Equipment: Market Forecast By Boom Length
3.3.3. Israel Rough Terrain Crane Market: Driver Restraint Impact
3.4. Northern Africa Rough Terrain Crane Market Analysis and Forecast: Snapshot
3.4.1. Northern Africa Rough Terrain Equipment: Market Forecast By Lifting Capacity
3.4.2. Northern Africa Rough Terrain Equipment: Market Forecast By Boom Length
3.4.3. Northern Africa Rough Terrain Crane Market: Driver Restraint Impact
3.5. South Africa Rough Terrain Crane Market Analysis and Forecast: Snapshot
3.5.1. South Africa Rough Terrain Equipment: Market Forecast By Lifting Capacity
3.5.2. South Africa Rough Terrain Equipment: Market Forecast By Boom Length
3.5.3. South Africa Rough Terrain Crane Market: Driver Restraint Impact

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