Middle East and Africa Hydraulic Marine Cranes Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Design (Knuckle Boom, Telescopic Boom, Stiff Boom, and Foldable Cranes), Capacity (Below 50 Tm, 50–50 Tm, and Above 150 Tm), and Boom Length (Below 10 Meter, 10–20 Meter, and Above 20 Meter) 

No. of Pages: 103
Report Code: TIPRE00027707
Category: Manufacturing and Construction
Middle East and Africa Hydraulic Marine Cranes Market
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The hydraulic marine cranes market in Middle East & Africa is expected to grow from US$ 298.70 million in 2021 to US$ 397.88 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.

Hydraulic marine cranes are widely used at marine ports for loading and unloading of cargo. Growing trade and commerce activities are encouraging the deployment of a significant number of ports. In 2019, Oman announced the development of port at Duqm. Such surge in the development of ports across the region is projected to create steady growth opportunities for the hydraulic marine cranes market players, which is ultimately boosting the Middle East & Africa hydraulic marine cranes market.

 

The UAE, South Africa, Morocco, Saudi Arabia, and Kuwait are the main countries that faced the economic effects of COVID-19 in the Middle East & Africa. The MEA hydraulic marine crane market is majorly affected by the disruption in the national and international supply chains due to the shutdown of country borders. Moreover, the limited seaborne trade further impacted the hydraulic marine crane market performance in 2020 in the MEA. However, as trading activities picked pace in the last quarter of 2020, the market players are experiencing steady growth in demand for these cranes.


Middle East & Africa Hydraulic Marine Cranes Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Hydraulic Marine Cranes Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Hydraulic Marine Cranes Market Segmentation  

Middle East & Africa Hydraulic Marine Cranes Market – By Design

  • Knuckle Boom
  • Telescopic Boom
  • Stiff Boom
  • Foldable Boom

Middle East & Africa Hydraulic Marine Cranes Market – By Capacity

  • Below 50 Tm
  • 50 - 150 Tm
  • Above 150 Tm

Middle East & Africa Hydraulic Marine Cranes Market – By Boom Length

  • Below 10 Meters
  • 10 - 20 Meters
  • Above 20 Meters

Middle East & Africa Hydraulic Marine Cranes Market– By Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa

Middle East & Africa Hydraulic Marine Cranes Market-Companies Mentioned

  • Amco Veba Marine
  • Fassi Gru S.p.A
  • HEILA Cranes S.p.a.
  • HIAB
  • HYVA
  • INDUSTRIAS GUERRA, SA
  • Kenz Figee
  • MELCAL S.p.A.
  • Palfinger AG
  • Puma Cranes

Middle East and Africa Hydraulic Marine Cranes Market Strategic Insights

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Middle East and Africa Hydraulic Marine Cranes Market Segmentation Analysis

Middle East and Africa Hydraulic Marine Cranes Market Report Highlights

Middle East and Africa Hydraulic Marine Cranes Report Scope

Report Attribute Details
Market size in 2021 US$ 298.70 Million
Market Size by 2028 US$ 397.88 Million
CAGR (2021 - 2028) 4.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Design
  • Knuckle Boom
  • Telescopic Boom
  • Stiff Boom
  • Foldable Cranes
By Capacity
  • Below 50 Tm
  • 50"50 Tm
  • Above 150 Tm
By Boom Length
  • Below 10 Meter
  • 10"20 Meter
  • Above 20 Meter
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Amco Veba Marine
  • Fassi Gru S.p.A
  • HEILA Cranes S.p.a.
  • HIAB
  • HYVA
  • INDUSTRIAS GUERRA, SA
  • Kenz Figee
  • MELCAL S.p.A.
  • Palfinger AG
  • Puma Cranes
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Middle East and Africa Hydraulic Marine Cranes Market Country and Regional Insights

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The List of Companies - Middle East and Africa Hydraulic Marine Cranes Market

  1. Amco Veba Marine
  2. Fassi Gru S.p.A
  3. HEILA Cranes S.p.a.
  4. HIAB
  5. HYVA
  6. INDUSTRIAS GUERRA, SA
  7. Kenz Figee
  8. MELCAL S.p.A.
  9. Palfinger AG
  10. Puma Cranes
Frequently Asked Questions
How big is the Middle East and Africa Hydraulic Marine Cranes Market?

The Middle East and Africa Hydraulic Marine Cranes Market is valued at US$ 298.70 Million in 2021, it is projected to reach US$ 397.88 Million by 2028.

What is the CAGR for Middle East and Africa Hydraulic Marine Cranes Market by (2021 - 2028)?

As per our report Middle East and Africa Hydraulic Marine Cranes Market, the market size is valued at US$ 298.70 Million in 2021, projecting it to reach US$ 397.88 Million by 2028. This translates to a CAGR of approximately 4.2% during the forecast period.

What segments are covered in this report?

The Middle East and Africa Hydraulic Marine Cranes Market report typically cover these key segments-

  • Design (Knuckle Boom, Telescopic Boom, Stiff Boom, Foldable Cranes)
  • Capacity (Below 50 Tm, 50"50 Tm, Above 150 Tm)
  • Boom Length (Below 10 Meter, 10"20 Meter, Above 20 Meter)

What is the historic period, base year, and forecast period taken for Middle East and Africa Hydraulic Marine Cranes Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Hydraulic Marine Cranes Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Middle East and Africa Hydraulic Marine Cranes Market?

    The Middle East and Africa Hydraulic Marine Cranes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Amco Veba Marine
  • Fassi Gru S.p.A
  • HEILA Cranes S.p.a.
  • HIAB
  • HYVA
  • INDUSTRIAS GUERRA, SA
  • Kenz Figee
  • MELCAL S.p.A.
  • Palfinger AG
  • Puma Cranes
  • Who should buy this report?

    The Middle East and Africa Hydraulic Marine Cranes Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East and Africa Hydraulic Marine Cranes Market value chain can benefit from the information contained in a comprehensive market report.

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