Middle East & Africa Overhead Cranes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Gantry Crane, Bridge Crane, Jib Crane, Monorail Crane, and Others), Installation (Mobile Crane and Fixed Crane), Operation Type (Electric, Hydraulic, and Hybrid), and Verticals (Logistics, Automotive, Marine, and Others)

BMIRE00028153 | Pages: 121 | Manufacturing and Construction | Mar 2023 | Type: Regional | Status: Published

The Middle East & Africa overhead cranes market is expected to grow from US$ 333.43 million in 2022 to US$ 455.36 million by 2028. It is estimated to grow at a CAGR of 5.3% from 2022 to 2028.

Growing Need for Workplace Safety in Industrial Applications in Middle East & Africa Overhead Cranes Market

In chemical, power, and construction industries, some processes involve constant exposure to toxic chemicals, heated material, and heavy loads. If these tasks can be handled manually, they can pose a risk to workers’ life. Lifting heavy loads with inappropriate handling can create risks for a worker handling it or in a nearby space. Therefore, industries are adopting several advanced equipment, machinery, and technologies to minimize human intervention and maximize productivity for workplace safety and health Middle East Africasures. Overhead cranes are specialized equipment designed to lift and transfer bulky, heavy loads, toxic chemicals, and heated material in industrial spaces. Automated processes with the help of overhead cranes provide safety to the industries' workforce and improve the quality and production process. Thus, increasing workplace safety in industrial applications fuels the overhead cranes market growth.

Middle East & Africa Overhead Cranes Market Overview

The Middle East & Africa (MEA) overhead cranes market, based on country, is segmented into Saudi Arabia, South Africa, the UAE, and the rest of Middle East Africa. Over the years, Saudi Arabia, the UAE, South Africa, and other Middle East Africa countries have increased their focus on promoting the manufacturing sector for overall economic development. Saudi Arabia is taking active initiatives under its Vision 2030 program to gain foreign investments and set up local manufacturing plants across the country to reduce their dependence on the oil & gas industry. Additionally, the Middle East Africa has a robust warehousing industry. The region has several logistics and warehousing companies responsible for distributing products from several industries across the world, owing to the best connectivity from the region. Thus, the presence of warehousing facilities across the Middle East Africa is bolstering the demand for overhead cranes for applications such as transportation, loading and unloading, and storage. All these factors are contributing to the growth of the Middle East Africa overhead cranes market

Middle East & Africa Overhead cranes market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Overhead cranes market Revenue and Forecast to 2028 (US$ Million)

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Middle East & Africa Overhead cranes market Segmentation  

The Middle East & Africa overhead cranes market is segmented on the basis of type, installation, operation type, end-user industry, and country. Based on type, the market is segmented into bridge crane, gantry crane, monorail crane, jib crane, and others. The gantry crane segment registered the largest market share in 2022.

Based on installation, the Middle East & Africa market is bifurcated into mobile crane and fixed crane. The fixed crane segment registered a larger market share in 2022.

Based on operation type, the Middle East & Africa overhead cranes market is segmented into hydraulic, electric, and hybrid. The electric segment registered the largest market share in 2022.

Based on verticals, the Middle East & Africa overhead cranes market is segmented into automotive, logistics, utilities, marine, and others. The logistics segment registered the largest market share in 2022.

Based on country, the Middle East & Africa overhead cranes market is segmented into Saudi Arabia, UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East Africa dominated the market share in 2022.

ABUS Kransysteme GmbH, Cargotec Corp, Demag Cranes & Components GmbH, Gorbel Inc, Konecranes Plc, Liebherr-International Deutschland GmbH, and Sumitomo Heavy Industries Ltd are the leading companies operating in the Middle East & Africa overhead cranes market. 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Middle East & Africa Overhead Cranes Market – By Type

1.3.2        Middle East & Africa Overhead Cranes Market – By Installation

1.3.3        Middle East & Africa Overhead Cranes Market – By Operation Type

1.3.4        Middle East & Africa Overhead Cranes Market – By Verticals

1.3.5        Middle East & Africa Overhead Cranes Market- By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Middle East & Africa Overhead Cranes Market Landscape

4.1         Market Overview

4.2         Middle East & Africa PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Middle East & Africa Overhead Cranes Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Investments in Manufacturing Sector

5.1.2        Growing Need for Workplace Safety in Industrial Applications

5.2         Market Restraints

5.2.1        Fluctuations in Prices of Steel

5.3         Market Opportunities

5.3.1        Growing using and Distribution Centers

5.4         Future Trends

5.4.1        Technological Advancements in Overhead Crane

5.5         Impact Analysis of Drivers and Restraints

6.           Overhead Cranes Market – Middle East & Africa Analysis

6.1         Middle East & Africa Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)

7.           Middle East & Africa Overhead Cranes Market Analysis – By Type

7.1         Overview

7.2         Middle East & Africa Overhead Cranes Market, By Type (2021 and 2028)

7.3         Gantry Crane

7.3.1        Overview

7.3.2        Gantry Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

7.4         Bridge Crane

7.4.1        Overview

7.4.2        Bridge Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

7.5         Jib Crane

7.5.1        Overview

7.5.2        Jib Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

7.6         Monorail Crane

7.6.1        Overview

7.6.2        Monorail Crane: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

8.           Middle East & Africa Overhead Cranes Market Analysis – By Installation

8.1         Overview

8.2         Middle East & Africa Overhead Cranes Market, By Installation (2021 and 2028)

8.3         Fixed Crane

8.3.1        Overview

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

8.4         Mobile Crane

8.4.1        Overview

8.4.2        Mobile Crane: Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)

9.           Middle East & Africa Overhead Cranes Market Analysis – By Operation Type

9.1         Overview

9.2         Middle East & Africa Overhead Cranes Market Breakdown, By Operation Type, 2021 & 2028

9.3         Electric

9.3.1        Overview

9.3.2        Electric Market Revenue and Forecast to 2028 (US$ Million)

9.4         Hydraulic

9.4.1        Overview

9.4.2        Hydraulic Market Revenue and Forecast to 2028 (US$ Million)

9.5         Hybrid

9.5.1        Overview

9.5.2        Hybrid Market Revenue and Forecast to 2028 (US$ Million)

10.        Middle East & Africa Overhead Cranes Market Analysis – By Verticals

10.1      Overview

10.2      Middle East & Africa Overhead Cranes Market Breakdown, By Verticals, 2021 & 2028

10.3      Logistics

10.3.1     Overview

10.3.2     Logistics Market Revenue and Forecast to 2028 (US$ Million)

10.4      Automotive

10.4.1     Overview

10.4.2     Automotive Market Revenue and Forecast to 2028 (US$ Million)

10.5      Marine

10.5.1     Overview

10.5.2     Marine Market Revenue and Forecast to 2028 (US$ Million)

10.6      Others

10.6.1     Overview

10.6.2     Others Market Revenue and Forecast to 2028 (US$ Million)

11.        Middle East & Africa Overhead Cranes Market – Country Analysis

11.1      Overview

11.1.1     Middle East & Africa Overhead Cranes Market Breakdown, by Country

11.1.1.1       Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028

11.1.1.1.1       Saudi Arabia Overhead Cranes Market Breakdown, By Type

11.1.1.1.2       Saudi Arabia Overhead Cranes Market Breakdown, By Installation

11.1.1.1.3       Saudi Arabia Overhead Cranes Market Breakdown, By Operation Type

11.1.1.1.4       Saudi Arabia Overhead Cranes Market Breakdown, By Verticals

11.1.1.2       UAE Overhead Cranes Market, Revenue and Forecast to 2028

11.1.1.2.1       UAE Overhead Cranes Market Breakdown, By Type

11.1.1.2.2       UAE Overhead Cranes Market Breakdown, By Installation

11.1.1.2.3       UAE Overhead Cranes Market Breakdown, By Operation Type

11.1.1.2.4       UAE Overhead Cranes Market Breakdown, By Verticals

11.1.1.3       South Africa Overhead Cranes Market, Revenue and Forecast to 2028

11.1.1.3.1       South Africa Overhead Cranes Market Breakdown, By Type

11.1.1.3.2       South Africa Overhead Cranes Market Breakdown, By Installation

11.1.1.3.3       South Africa Overhead Cranes Market Breakdown, By Operation Type

11.1.1.3.4       South Africa Overhead Cranes Market Breakdown, By Verticals

11.1.1.4       Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028

11.1.1.4.1       Rest of Middle East & Africa Overhead Cranes Market Breakdown, By Type

11.1.1.4.2       Rest of Middle East & Africa Overhead Cranes Market Breakdown, By Installation

11.1.1.4.3       Rest of Middle East & Africa Overhead Cranes Market Breakdown, By Operation Type

11.1.1.4.4       Rest of Middle East & Africa Overhead Cranes Market Breakdown, By Verticals

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

12.4      Merger and Acquisition

13.        Company Profiles

13.1      Sumitomo Heavy Industries Ltd

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      Liebherr-International Deutschland GmbH

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      Demag Cranes & Components GmbH

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      ABUS Kransysteme GmbH

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      Konecranes Plc

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      Gorbel Inc

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

13.7      Cargotec Corp

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index 

LIST OF TABLES

Table 1.             Middle East & Africa Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Middle East & Africa Overhead Cranes Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 3.             Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 4.             Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)

Table 5.             Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)

Table 6.             Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 7.             UAE Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 8.             UAE Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)

Table 9.             UAE Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)

Table 10.          UAE Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 11.          South Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 12.          South Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)

Table 13.          South Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)

Table 14.          South Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 15.          Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 16.          Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Installation (US$ Million)

Table 17.          Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Operation Type (US$ Million)

Table 18.          Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 19.          List of Abbreviation 

LIST OF FIGURES

Figure 1.           Middle East & Africa Overhead Cranes Market Segmentation

Figure 2.           Middle East & Africa Overhead Cranes Market Segmentation – By Country

Figure 3.           Middle East & Africa Overhead Cranes Market Overview

Figure 4.           Middle East & Africa Overhead Cranes Market, by type

Figure 5.           Middle East & Africa Overhead Cranes Market, by Country

Figure 6.           Middle East Africa: PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           Middle East & Africa Overhead Cranes Market Impact Analysis of Drivers and Restraints

Figure 9.           Middle East & Africa Overhead Cranes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        Middle East & Africa Overhead Cranes Market Revenue Share, By Type (2021 and 2028)

Figure 11.        Gantry Crane: Middle East & Africa Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 12.        Bridge Crane: Middle East & Africa Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 13.        Jib Crane: Middle East & Africa Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 14.        Monorail Crane: Middle East & Africa Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 15.        Others: Middle East & Africa Overhead Cranes Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16.        Middle East & Africa Overhead Cranes Market Revenue Share, By Installation (2021 and 2028)

Figure 17.        Fixed Crane: Middle East & Africa Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Mobile Crane: Middle East & Africa Overhead Cranes Market- Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Middle East & Africa Overhead Cranes Market Revenue Share, By Operation Type (2021 and 2028)

Figure 20.        Middle East & Africa Electric Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Middle East & Africa Hydraulic Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Middle East & Africa Hybrid Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Middle East & Africa Overhead Cranes Market Revenue Share, By Verticals (2021 and 2028)

Figure 24.        Middle East & Africa Logistics Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Middle East & Africa Automotive Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Middle East & Africa Marine Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Middle East & Africa Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Middle East Africa: Overhead Cranes Market, by Key Country – Revenue (2021) (US$ Million)

Figure 29.        Middle East & Africa Overhead Cranes Market Breakdown, by Country, 2021 & 2028 (%)

Figure 30.        Saudi Arabia Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)

Figure 31.        UAE Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)

Figure 32.        South Africa Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Rest of Middle East & Africa Overhead Cranes Market, Revenue and Forecast to 2028 (US$ Million)

  1. ABUS Kransysteme GmbH
  2. Cargotec Corp
  3. Demag Cranes & Components GmbH
  4. Gorbel Inc
  5. Konecranes Plc
  6. Liebherr-International Deutschland GmbH
  7. Sumitomo Heavy Industries Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa overhead cranes market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
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  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the overhead cranes 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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