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GCC Crane Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The GCC crane market size reached US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.78% during 2022-2027.

A crane is a construction machinery that is extensively used for lifting and transporting heavy loads. It functions with the help of hydraulics and internal combustion engine systems. It is utilized across various industries such as the transport industry for loading and unloading freight and in the manufacturing industry for assembling heavy equipment. Moreover, different cranes, such as aerial cranes, truck-mounted cranes, and mobile cranes are employed for constructing high-rise office buildings and modular homes.

The GCC crane market is primarily driven by the increasing construction and infrastructure projects in the region, which have increased the interest of various domestic and foreign tower crane manufacturers in the region. Additionally, there has been a rise in the demand for high capacity cranes due to the commencement of numerous energy-related projects and industrial facilities construction. For instance, Mammoet, a privately held Dutch company, has been involved in the expansion of a polypropylene plant on the gulf coast, which will increase the production capacity by an additional 450,000 tons per year. Furthermore, the application in fracking pipe yards, transmission distribution lines, and tank firms will present new revenue generation opportunities in the region during the next few years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC crane market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type and application.

Breakup by Product Type:

  • Mobile Cranes
  • Marine and Port Cranes
  • Fixed Cranes
     

Breakup by Application:

  • Construction and Infrastructure
  • Mining
  • Oil and Gas
  • Others
     

Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage  Product Type, Application, Country
Country Covered  Saudi Arabia, UAE, Qatar, Oman, Kuwait ,Bahrain
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the GCC crane market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC crane market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the GCC crane market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    GCC Crane Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Mobile Cranes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Marine and Port Cranes
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Fixed Cranes
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Construction and Infrastructure
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Mining
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Oil and Gas
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Country
    8.1    Saudi Arabia
        8.1.1 Market Trends
        8.1.2 Market Breakup by Product Type
        8.1.3 Market Breakup by Application
        8.1.4 Market Forecast
    8.2    UAE
        8.2.1 Market Trends
        8.2.2 Market Breakup by Product Type
        8.2.3 Market Breakup by Application
        8.2.4 Market Forecast
    8.3    Qatar
        8.3.1 Market Trends
        8.3.2 Market Breakup by Product Type
        8.3.3 Market Breakup by Application
        8.3.4 Market Forecast
    8.4    Oman
        8.4.1 Market Trends
        8.4.2 Market Breakup by Product Type
        8.4.3 Market Breakup by Application
        8.4.4 Market Forecast
    8.5    Kuwait
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Bahrain
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Crane Market: Major Drivers and Challenges
Figure 2: GCC: Crane Market: Sales Value (in Billion US$), 2016-2021
Figure 3: GCC: Crane Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: GCC: Crane Market: Breakup by Product Type (in %), 2021
Figure 5: GCC: Crane Market: Breakup by Application (in %), 2021
Figure 6: GCC: Crane Market: Breakup by Country (in %), 2021
Figure 7: GCC: Crane (Mobile Cranes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: GCC: Crane (Mobile Cranes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: GCC: Crane (Marine and Port Cranes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: GCC: Crane (Marine and Port Cranes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: GCC: Crane (Fixed Cranes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: GCC: Crane (Fixed Cranes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: GCC: Crane (Construction and Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: GCC: Crane (Construction and Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: GCC: Crane (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: GCC: Crane (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: GCC: Crane (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: GCC: Crane (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: GCC: Crane (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: GCC: Crane (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Saudi Arabia: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Saudi Arabia: Crane Market: Breakup by Product Type (in %), 2021
Figure 23: Saudi Arabia: Crane Market: Breakup by Application (in %), 2021
Figure 24: Saudi Arabia: Crane Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: UAE: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: UAE: Crane Market: Breakup by Product Type (in %), 2021
Figure 27: UAE: Crane Market: Breakup by Application (in %), 2021
Figure 28: UAE: Crane Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Qatar: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Qatar: Crane Market: Breakup by Product Type (in %), 2021
Figure 31: Qatar: Crane Market: Breakup by Application (in %), 2021
Figure 32: Qatar: Crane Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Oman: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Oman: Crane Market: Breakup by Product Type (in %), 2021
Figure 35: Oman: Crane Market: Breakup by Application (in %), 2021
Figure 36: Oman: Crane Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 37: Kuwait: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Kuwait: Crane Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Bahrain: Crane Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Bahrain: Crane Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: GCC: Crane Industry: SWOT Analysis
Figure 42: GCC: Crane Industry: Value Chain Analysis
Figure 43: GCC: Crane Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Crane Market: Key Industry Highlights, 2021 and 2027
Table 2: GCC: Crane Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: GCC: Crane Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: GCC: Crane Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 5: GCC: Crane Market: Competitive Structure
Table 6: GCC: Crane Market: Key Players


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