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Middle East And Africa Mobile Crane Market
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Middle East And Africa Mobile Crane Market

Home Building And Construction Middle East And Africa Mobile Crane Market

Middle East and Africa Mobile Crane Market, By Type (Truck Crane, All Terrain Crane, Rough Terrain Crane, Crawler Crane); By Boom Type (Lattice Boom, Telescopic Boom); By Carrier Type (Wheel Mounted, Track Mounted); By Application (Construction, Oil & Gas, Ship Building, Power & Utilities); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: August 2024
  • Report ID: BWC24614
  • Available Format: PDF
  • Page: 300

Report Overview

A heightened focus on large infrastructure development projects spurring demand for fuel efficient and technologically advanced cranes is expected to drive Middle East and Africa Mobile Crane Market during the forecast period between 2024 and 2030.

Middle East and Africa Mobile Crane Market – Industry Trends & Forecast Report, 2030

Middle East and Africa Mobile Crane Market size was estimated at USD 1.92 billion in 2023. During the forecast period between 2024 and 2030, Middle East and Africa Mobile Crane Market size is projected to grow at a CAGR of 6.4% reaching a value of USD 2.95 billion by 2030. Prominent drivers of the market include the increasing demand for high-performance, fuel-efficient products with reduced carbon emissions, pushing companies to innovate their product portfolios and strengthen their presence in the fast-growing truck crane category. Growing infrastructural projects worldwide have spurred the demand for cranes with advanced mechanized solutions, high-loading capacities, low fuel consumption, and easy maintenance. Modern mobile crane models now feature driven and control systems with various optional features that minimize fuel consumption while increasing productivity and dependability. For instance, Zoomlion manufactures mobile cranes with an energy-saving system operating in multiple power modes, reducing average fuel consumption by 20% to 4.5 liters per hour. Increasing eco-consciousness among manufacturers supports the incorporation of adjustable hydraulic systems and multimode power output functions, reducing cranes' fuel consumption and enhancing adaptability to emerging trends. Electrification, the transition to renewable sources, and the rise in hydrogen production and storage are also major trends shaping the MEA mobile cranes market. With these new features and technologies, vendors can attract new customers and expand their footprints in emerging markets, likely driving the Middle East and Africa Mobile Crane Market over the period in analysis.

Middle East and Africa Mobile Crane Market

Mobile Crane – Overview

A mobile crane is a type of lifting equipment mounted on a mobile platform, such as wheels, tracks, or a truck. These cranes are designed for easy transportation to various job sites and are capable of lifting, lowering, and moving heavy loads horizontally. They are equipped with hydraulic systems for efficient operation and often feature telescoping or articulating booms that provide flexibility and reach. Mobile cranes are widely used in construction, manufacturing, and other industries requiring the movement of heavy materials, offering the advantage of mobility and versatility compared to fixed cranes.

Middle East and Africa Mobile Crane Market

Growth Drivers

Rising Focus on Fuel Efficiency

Amid growing eco-consciousness and the demand for high-performance equipment, the focus on fuel efficiency in the mobile crane market has intensified. Companies like Tadano and Zoomlion are innovating with advanced, fuel-efficient models. Tadano's rough-terrain cranes, popular in the oil and gas sector, feature energy-saving systems that reduce average fuel consumption by 20%. These advancements align with the rising demand for environmentally friendly solutions, addressing the need for reduced carbon emissions and operational efficiency.

Growing Adoption of Advancements in Crane Technology

Technological advancements are at the forefront of the Mobile Crane Market's evolution. Liebherr, Tadano, and Johnson Arabia are introducing new models with cutting-edge features. Liebherr's LTM 1110-5.2 mobile crane includes a new control system, while Tadano's GR-1000EX-4 rough-terrain crane boasts a 51m-long boom with a touchscreen AML control system. Johnson Arabia has expanded its fleet with the Manitowoc | Grove GRT8100 rough-terrain model, enhancing operational capabilities. These technological innovations are pivotal in meeting the diverse demands of construction, infrastructure, and energy projects across Middle East and Africa.

Challenges

High Costs

High costs could significantly restrain the growth of the Middle East and Africa Mobile Crane Market. The substantial investment required for advanced, fuel-efficient, and technologically sophisticated cranes poses a financial challenge for many companies. Additionally, the costs associated with maintenance, training, and operation further limit market expansion. Economic fluctuations, particularly in oil-dependent economies, exacerbate these financial constraints, making it difficult for smaller companies to invest in new equipment. As a result, despite the promising infrastructure growth and technological advancements, the high costs of acquisition and operation hinder the overall market growth in the region.

Impact of Escalating Geopolitical Tensions on Middle East and Africa Mobile Crane Market

Escalating geopolitical tensions among countries across regions could have a significant impact on the growth of Middle East and Africa Mobile Crane Market. Political instability and conflicts disrupt construction projects, leading to delays and cancellations, which directly affect crane demand. Trade restrictions and economic sanctions further complicate the procurement of advanced cranes and spare parts, increasing operational costs. Additionally, fluctuating oil prices due to geopolitical tensions strain budgets, limiting investments in new equipment. These factors collectively hinder market growth, creating an unpredictable environment for manufacturers and rental companies. Despite the potential for infrastructure development, the volatile geopolitical landscape remains a critical challenge for the Mobile Crane Market in the region.

Middle East and Africa Mobile Crane Market

Segmental Coverage

Middle East and Africa Mobile Crane Market – By Type

By type, Middle East and Africa Mobile Crane Market is divided into Truck Crane, All Terrain Crane, Rough Terrain Crane, and Crawler Crane segments. The truck crane segment holds the highest share in Middle East and Africa Mobile Crane Market by type, due to their versatility and efficiency. They can quickly move between locations, reducing setup time and the need for additional transportation equipment. Designed with robust lifting capacities, truck cranes cater to diverse tasks, from light-duty to heavy-duty construction work. Types include knuckle boom, lattice boom, and telescopic cranes, each offering unique advantages. Knuckle boom cranes provide precision in tight spaces, lattice boom cranes excel in high-reaching tasks, and telescopic cranes offer adjustable reach for varied lifting needs. Safety features and ease of transport further enhance their appeal, making them indispensable across industries.

Middle East and Africa Mobile Crane Market Size

Middle East and Africa Mobile Crane Market – By Boom Type

Based on boom type, Middle East and Africa Mobile Crane Market is bifurcated into Lattice Boom and Telescopic Boom segments.

Middle East and Africa Mobile Crane Market – By Carrier Type

On the basis of carrier type, Middle East and Africa Mobile Crane Market is bifurcated into Wheel Mounted and Track Mounted segments. 

Middle East and Africa Mobile Crane Market – By Application

Based on application, Middle East and Africa Mobile Crane Market consists of major  segments including Construction, Oil & Gas, Ship Building, and Power & Utilities. The construction segment holds the highest share in Middle East and Africa Mobile Crane Market by application due to rising urbanization, which is driving a significant demand for infrastructure development. Governments in many developing countries are prioritizing infrastructure improvements to enhance quality of life and boost economic competitiveness, thus increasing market potential. Additionally, advancements in machinery and technology are expected to gradually boost the use of mobile cranes in the oil and gas sector, making refinery operations more efficient. While shipbuilding applications will see moderate growth due to ongoing port construction projects, overall demand and usage are expected to rise globally.

Middle East and Africa Mobile Crane Market Share

Middle East and Africa Mobile Crane Market – By Country

The in-depth research report on the Middle East and Africa Mobile Crane Market covers the market in the region’s major countries including Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of Middle East and Africa.

Competitive Landscape

Major players operating in 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. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In May 2023 - Sankyu Saudi Arabia Co. recently acquired Liebherr's LTM 1050-3.1 and LTM 1160-5.2 mobile cranes. The cranes are employed for maintenance in refineries and other industries.

  • In January 2023 - Al Faris Group, a UAE-based crane and heavy transport company, expanded its fleet with 24 Liebherr mobile cranes, including four LTM 1500-8.1 models with a 500-ton lifting capacity.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

USD Billion

Market Coverage

Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA

Product/ Service Segmentation

Type, Boom Type, Carrier Type, Application, Country

Key Players

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, Demag Cranes AG

 

By Type

  • Truck Crane

  • All Terrain Crane

  • Rough Terrain Crane

  • Crawler Crane

By Boom Type

  • Lattice Boom

  • Telescopic Boom

By Carrier Type

  • Wheel Mounted

  • Track Mounted

By Application

  • Construction

  • Oil & Gas

  • Ship Building

  • Power & Utilities

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Kuwait

  • South Africa

  • Nigeria

  • Algeria

  • Rest of MEA

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Middle East and Africa Mobile Crane Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Driver
        1. Infrastructure Growth
        2. Focus on Fuel Efficiency
        3. Advancements in Technology
      2. Restraints
        1. High Costs
        2. Skilled Labor Shortage
      3. Opportunities
        1. Rental Market Growth
        2. Used Crane Market
        3. Emerging Economies
      4. Challenges
        1. Political Instability
        2. Fluctuating Oil Prices
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Middle East and Africa Mobile Crane Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Type
        1. Truck Crane
        2. All Terrain Crane
        3. Rough Terrain Crane
        4. Crawler Crane
        5. Others (Loader Crane, etc.)
      2. By Boom Type
        1. Lattice Boom
        2. Telescopic Boom
      3. By Carrier Type
        1. Wheel mounted
        2. Track mounted
      4. By Application
        1. Construction
        2. Oil & Gas
        3. Ship Building
        4. Power & Utilities
        5. Others (Mining, etc.)
      5. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Kuwait
        5. South Africa
        6. Nigeria
        7. Algeria
        8. Rest of MEA
  5. Saudi Arabia Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  6. UAE Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  7. Qatar Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  8. Kuwait Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  9. South Africa Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  10. Nigeria Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  11. Algeria Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  12. Rest of MEA Mobile Crane Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Boom Type
      3. By Carrier Type
      4. By Application
  13. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa Mobile Crane Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    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)
    1. Liebherr Group
    2. Terex Corporation
    3. Zoomlion Heavy Industry Science and Technology Co., Ltd
    4. Manitowoc Company, Inc.
    5. Tadano Ltd
    6. Sany Group
    7. Konecranes Plc
    8. XCMG Group
    9. Kobelco Construction Machinery Co., Ltd
    10. Demag Cranes AG
    11. Other Prominent Players
  16. Key Strategic Recommendations
  17. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Region
    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

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Middle East and Africa Mobile Crane Market size by value was estimated at USD 1.92 billion in 2023.
Ans: Middle East and Africa Mobile Crane Market is expected to grow at CAGR of 6.4% during the forecast period between 2024 and 2030.
Ans: By 2030, Middle East and Africa Mobile Crane Market size is forecast to reach a value of USD 2.95 billion.
Ans: The growth of Middle East and Africa Mobile Crane Market is primarily driven by an increasing infrastructure growth, rising focus on fuel efficiency, and growing advancements in technology.
Ans: Key players in 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.
Ans: The construction segment is expected to grow at the fastest CAGR in Middle East and Africa Mobile Crane Market by application during the forecast period between 2024 and 2030.