Product Code: ETC4782580 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Crane Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 10.58% in 2025, the growth rate steadily ascends to 12.40% in 2029.
The crane market in Ethiopia is experiencing growth with the expansion of construction and infrastructure projects. Cranes are essential for lifting and transporting heavy materials on construction sites, and as the country invests in large-scale development projects, the demand for cranes is increasing. Both new sales and crane rental services are expected to rise, driven by the countrys ongoing urban development.
The Ethiopia crane market is benefiting from the country`s growing infrastructure development, including large-scale construction projects in the commercial, residential, and industrial sectors. As Ethiopia`s economy expands and urbanization increases, the demand for cranes to support construction projects, including high-rise buildings, bridges, and roads, rises. Additionally, the adoption of modern crane technologies and the need for efficient lifting solutions in industries such as oil and gas and logistics contribute to the growth of the crane market.
The crane market in Ethiopia is facing several challenges, including the high cost of acquiring and maintaining cranes. Many businesses in Ethiopia still rely on manual labor and less efficient equipment, limiting the demand for advanced cranes. The lack of a strong rental market for cranes in the country further exacerbates the situation, as businesses are hesitant to invest in expensive equipment for short-term use. Additionally, the countrys poor infrastructure, especially in terms of roads and transportation, makes it difficult to move cranes and other heavy equipment to construction sites, thereby impeding the efficient utilization of such machinery.
The Ethiopian government is supporting the growth of the crane market as part of its infrastructure development and industrial expansion efforts. Policies are focused on encouraging local manufacturing and assembly of cranes to reduce reliance on imports. The government is also working on ensuring that cranes meet safety standards and are suitable for the diverse needs of the construction, mining, and logistics industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Crane Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Crane Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Crane Market - Industry Life Cycle |
3.4 Ethiopia Crane Market - Porter's Five Forces |
3.5 Ethiopia Crane Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ethiopia Crane Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ethiopia Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Crane Market Trends |
6 Ethiopia Crane Market Segmentations |
6.1 Ethiopia Crane Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Crane Market Revenues & Volume, By Mobile Crane, 2021-2031F |
6.1.3 Ethiopia Crane Market Revenues & Volume, By Fixed Crane, 2021-2031F |
6.1.4 Ethiopia Crane Market Revenues & Volume, By Marine and Offshore Crane, 2021-2031F |
6.2 Ethiopia Crane Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Crane Market Revenues & Volume, By Industrial Applications, 2021-2031F |
6.2.3 Ethiopia Crane Market Revenues & Volume, By Marine and offshore, 2021-2031F |
6.2.4 Ethiopia Crane Market Revenues & Volume, By Mining and Excavation, 2021-2031F |
6.2.5 Ethiopia Crane Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Ethiopia Crane Market Revenues & Volume, By Other Applicants, 2021-2031F |
7 Ethiopia Crane Market Import-Export Trade Statistics |
7.1 Ethiopia Crane Market Export to Major Countries |
7.2 Ethiopia Crane Market Imports from Major Countries |
8 Ethiopia Crane Market Key Performance Indicators |
9 Ethiopia Crane Market - Opportunity Assessment |
9.1 Ethiopia Crane Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ethiopia Crane Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ethiopia Crane Market - Competitive Landscape |
10.1 Ethiopia Crane Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |