Middle East and Africa Automated Overhead Crane Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Bridge Crane, Gantry Crane, Monorail Crane, Jib Crane, and Others), Level of Automation (Semi-Automated and Fully Automated), and Industry (Manufacturing, Shipbuilding, Metals and Steel, and Others)

Code: TIPRE00025250 | Pages: 93 | Industry: Manufacturing and Construction | Date: Oct 2021
Covid

Market Introduction

The automated overhead cranes market in the MEA is further segmented into South Africa, Saudi Arabia, and the UAE. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the growth of various sectors. The Gulf countries are economically developed, while the African countries are yet to match up to the economic conditions of these countries. In the era of continuous technological developments, the integration of advanced technologies is increasing in a range of industries, including manufacturing and construction in the Middle East. In the MEA, automotive, petrochemical, telecommunication, mining, steel iron, and copper are among the prominent industries. With rise in investment and developments among aforesaid industries of the region, the scope of using advanced equipment will also rise. Furthermore, increasing infrastructure development activities in the MEA is propelling the penetration of automation for having greater efficiency at construction sites. The installation of different types of cranes such as automated overhead cranes at different construction sites in the Middle East countries is among the factors for the growth of the market. In addition, initiatives taken by regional government authorities to transform industrial sector is another factor forecasted to contribute toward the market growth. Moreover, companies such as Konecranes are well-known for offering their broad portfolio of cranes globally. The company offers a range of cranes, from demanding processes to light-duty applications in the Middle East. Beginning from overhead cranes with lifting capacities of up to 500t to workstation lifting systems for lighter loads applications, the company provides a wide range of cranes to the Middle East market.

In case of COVID-19, MEA is highly affected specially Turkey and South Africa. MEA automated overhead crane market is majorly affected by the disruption in the national and international supply chains. Gulf countries have got many oil companies that require overhead cranes for their operations. Several governments announced travel restrictions, the movement of people was limited and thus the demand for fuels was reduced. Since the demand for fuels, i.e., petrol and diesel, was decreased, this impacted the need for overhead cranes at offshore oil rigs, petroleum plants, and refineries. Considering lifting and material handling requirements in cement and concrete factories, workers need gantry cranes in the yard and bridge cranes in factories. Since the overall demand for cement was shrunk, the requirement of gantry cranes and bridge cranes adopted in cement and concrete factories was also reduced. However, post pandemic, the automated overhead cranes market is expected to rise considerably in this region.


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Market Overview and Dynamics

The MEA automated overhead crane market is expected to grow from US$ 174.96 million in 2021 to US$ 241.54 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. Surging development of automated shipbuilding cranes is expected to fuel the market growth. The use of cranes in shipbuilding industry has been witnessing a significant surge over the past years, owing to rise in sea-borne trade and various other naval activities. Several automated gantry crane manufacturers operating in the market are focusing robustly on offering a wide range of products. This has been a key driving factor for market. The gantry crane industry is poised to surge over the forthcoming years as several developments are underway to enhance the capabilities of the machines. Automated shipbuilding cranes is one of the key focuses of the gantry crane manufacturers in the current scenario. The gantry cranes are being robustly used for lifting extremely heavy objects, and thus, are extensively used in shipyards and ports. The shipbuilding industry deals with the manufacturing of vessels that are used for offshore industry, merchant fleet, and military application. It is also associated with other significant sectors such as research, transportation, and security, which plays a vital role in national security interests and regional industrial infrastructure. Several governments across the region are spending heavily on the development of automated gantry cranes. Therefore, the development of shipbuilding/shipyards industry is estimated to fuel the growth of the gantry crane. The development of automated gantry cranes is projected to be one of the foremost technological advancements in the overhead crane industry. The application of connected technologies is already infused across the material handling equipment industry, and it has also witnessed the expansion of GPS-powered and IoT-enabled cranes. Thus, enhanced smart operations, higher fuel efficiency, and lower cost of ownership are some of the key features which have boosted the effectiveness of smart gantry cranes, thereby driving the MEA automated overhead crane market growth.

Key Market Segments

In terms of type, the gantry cranes segment accounted for the largest share of the MEA automated overhead crane market in 2020. In terms of level of automation, the semi-automated segment held a larger market share of MEA automated overhead crane market in 2020.  Further, the manufacturing segment held a larger share of the MEA automated overhead crane market based on industry in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA automated overhead crane market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DONGQI GROUP; EMH, Inc; EntsorgaFin S.p.A.; Konecranes Oyj; Sumitomo Heavy Industries Material Handling Systems Co., Ltd.; and Weihua Group.

Reasons to buy report

  • To understand the MEA automated overhead crane market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA automated overhead crane market
  • Efficiently plan M&A and partnership deals in MEA automated overhead crane market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA automated overhead crane market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Automated Overhead Crane Market Segmentation

MEA Automated Overhead Crane Market - By Type

  • Bridge Crane
  • Gantry Crane
  • Monorail Crane
  • Jib Crane 
  • Others

MEA Automated Overhead Crane Market - By Level of Automation

  • Semi-Automated
  • Fully Automated

MEA Automated Overhead Crane Market - By Industry

  • Manufacturing
  • Shipbuilding
  • Metals and Steel
  • Others

MEA Automated Overhead Crane Market - By Country

  • Saudi Arabia
  • UAE  
  • South Africa  
  • Rest of MEA

MEA Automated Overhead Crane Market - Company Profiles

  • DONGQI GROUP
  • EMH, Inc
  • EntsorgaFin S.p.A.
  • Konecranes Oyj
  • Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  • Weihua Group

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Automated Overhead Crane Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

5.           MEA Automated Overhead Crane Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Automation in the Manufacturing Sector

5.1.2        Surging Development of Automated Shipbuilding Cranes

5.2         Market Restraints

5.2.1        Costly Installation and Maintenance

5.3         Market Opportunities

5.3.1        Growing Number of Distribution and Warehousing Centers

5.4         Future Trends

5.4.1        Burgeoning Adoption of Industry 4.0 for Smarter Lifting Equipment

5.5         Impact Analysis of Drivers and Restraints

6.           Automated Overhead Crane Market– MEA Analysis

6.1         MEA Automated Overhead Crane Market Overview

6.2         MEA Automated Overhead Crane Market Revenue Forecast and Analysis

7.           MEA Automated Overhead Crane Market Revenue and Forecast to 2028 – By Type

7.1         Overview

7.2         MEA Automated Overhead Crane Market, by Type (2020 & 2028)

7.3         Bridge Cranes

7.3.1        Overview

7.3.2        Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.4         Gantry Cranes

7.4.1        Overview

7.4.2        Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.5         Monorail Cranes

7.5.1        Overview

7.5.2        Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.6         Jib Cranes

7.6.1        Overview

7.6.2        Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8.           MEA Automated Overhead Crane Market Analysis and Forecast to 2028 – By Level of Automation

8.1         Overview

8.2         MEA Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

8.3         Semi-Automated

8.3.1        Overview

8.3.2        Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

8.4         Fully Automated

8.4.1        Overview

8.4.2        Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.           MEA Automated Overhead Crane Market Analysis and Forecast to 2028 – By Industry

9.1         Overview

9.2         MEA Automated Overhead Crane Market, by Industry (2020 & 2028)

9.3         Manufacturing

9.3.1        Overview

9.3.2        Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.4         Shipbuilding

9.4.1        Overview

9.4.2        Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.5         Metals and Steel

9.5.1        Overview

9.5.2        Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

10.        MEA Automated Overhead Crane Market – Country Analysis

10.1      Overview

10.1.1     MEA: Automated Overhead Crane Market, by Key Country

10.1.1.1       Saudi Arabia: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Saudi Arabia: Automated Overhead Crane Market, by Type

10.1.1.1.2       Saudi Arabia: Automated Overhead Crane Market, by Level of Automation

10.1.1.1.3       Saudi Arabia: Automated Overhead Crane Market, by Industry

10.1.1.2       UAE: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       UAE: Automated Overhead Crane Market, by Type

10.1.1.2.2       UAE: Automated Overhead Crane Market, by Level of Automation

10.1.1.2.3       UAE: Automated Overhead Crane Market, by Industry

10.1.1.3       South Africa: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       South Africa: Automated Overhead Crane Market, by Type

10.1.1.3.2       South Africa: Automated Overhead Crane Market, by Level of Automation

10.1.1.3.3       South Africa: Automated Overhead Crane Market, by Industry

10.1.1.4       Rest of MEA: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       Rest of MEA: Automated Overhead Crane Market, by Type

10.1.1.4.2       Rest of MEA: Automated Overhead Crane Market, by Level of Automation

10.1.1.4.3       Rest of MEA: Automated Overhead Crane Market, by Industry

11.        MEA Automated Overhead Crane Market - COVID-19 Impact Analysis

11.1      MEA: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

13.1      DONGQI GROUP

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Konecranes Oyj

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      EMH, Inc

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      EntsorgaFin S.p.A.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Weihua Group

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Sumitomo Heavy Industries Material Handling Systems Co., Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             MEA Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             MEA: Automated Overhead Crane Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Saudi Arabia: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Saudi Arabia: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Saudi Arabia: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 6.             UAE: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             UAE: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 8.             UAE: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 9.             South Africa: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          South Africa: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Africa: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of MEA: Automated Overhead Crane Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of MEA: Automated Overhead Crane Market, by Level of Automation – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of MEA: Automated Overhead Crane Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 15.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Automated Overhead Crane Market Segmentation

Figure 2.           MEA Automated Overhead Crane Market Segmentation – By Country

Figure 3.           MEA Automated Overhead Crane Market Overview

Figure 4.           MEA Automated Overhead Crane Market, by Type

Figure 5.           MEA Automated Overhead Crane Market, by Industry

Figure 6.           MEA Automated Overhead Crane Market, by Country

Figure 7.           MEA – PEST Analysis

Figure 8.           MEA Automated Overhead Crane Market: Ecosystem Analysis

Figure 9.           MEA Automated Overhead Crane Market: Impact Analysis of Drivers and Restraints

Figure 10.        MEA Automated Overhead Crane Market Revenue Forecast and Analysis (US$ Million)

Figure 11.        MEA Automated Overhead Crane Market, by Type (2020 & 2028)

Figure 12.        MEA Bridge Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        MEA Gantry Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        MEA Monorail Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        MEA Jib Cranes: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        MEA Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        MEA Automated Overhead Crane Market, by Level of Automation (2020 & 2028)

Figure 18.        MEA Semi-Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        MEA Fully Automated: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        MEA Automated Overhead Crane Market, by Industry (2020 & 2028)

Figure 21.        MEA Manufacturing: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        MEA Shipbuilding: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        MEA Metals and Steel: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        MEA Others: Automated Overhead Crane Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        MEA: Automated Overhead Crane Market, by Key Country – Revenue (2020) (USD Million)

Figure 26.        MEA: Automated Overhead Crane Market Revenue Share, by Key Country (2020 & 2028)

Figure 27.        Saudi Arabia: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        UAE: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        South Africa: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of MEA: Automated Overhead Crane Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic in MEA Country Markets

 

  1. DONGQI GROUP
  2. EMH, Inc
  3. EntsorgaFin S.p.A.
  4. Konecranes Oyj
  5. Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
  6. Weihua Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA automated overhead crane market.        
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA automated overhead crane market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the automated overhead crane market, as well as those hindering it 
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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