Market Forecast By Types (Mobile Crane, Fixed Crane, Marine, and Offshore Crane), By Applications (Industrial Applications, Marine and offshore, Mining and Excavation, Construction) and Competitive Landscape
Product Code: ETC002099 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Rapid urbanization, growing commercial and industrial sector, an increasing number of housing units, as well as rising foreign investment for restructuring the infrastructure, are some of the key growth drivers of the Iraq crane market over the past few years. However, the Iraq economy has witnessed a slowdown in the first three quarters of 2020, due to the outbreak of the COVID-19 pandemic. Though the economic scenario in Iraq is expected to recover steadily in the next few years, the crane market in Iraq is also likely to recover gradually over the years to come.
According to 6Wresearch, the Iraq Crane Market size is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives towards increasing investment in construction projects in the country. Iraq has witnessed a steady rise in construction projects, particularly in the commercial and industrial sectors. Additionally, the government is increasing the budget in oil refinery and mining projects, for instance, the Iraq government had invested $6.04bn in the new Karbala oil refinery project. The facility is anticipated to offer a refinery capacity of 140,000 barrels of crude oil per day. The refinery project had several contracts for heavy lifting works for which several largest-ever capacity cranes were shipped in the country. These initiatives will further spur the demand for the crane market in Iraq during the forecast period.
In terms of crane type, the mobile crane dominates the overall Iraq crane market due to the increasing number of construction, mining, and refinery projects in the country. Additionally, the industrial and commercial application is the key revenue-generating segment in the Iraq crane market. Further, the demand for tower cranes is rising as a result of an increasing number of sophisticated construction projects in Iraq.
The Iraq crane market report thoroughly covers the market by types, applications, and regions. Iraq's crane market outlook report provides an unbiased and detailed analysis of the on-going Iraq crane market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Iraq crane market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Iraq Crane Market Overview |
3.1 Iraq Crane Market Revenues and Volume, 2016-2026F |
3.2 Iraq Crane Market Revenue Share, By Types, 2019 & 2026F |
3.3 Iraq Crane Market Revenue Share, By Applications, 2019 & 2026F |
3.4 Iraq Crane Market Revenue Share, By Regions, 2019 & 2026F |
3.5 Iraq Crane Market - Industry Life Cycle |
3.6 Iraq Crane Market - Porter’s Five Forces |
4. Iraq Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Iraq Crane Market Trends |
6. Iraq Crane Market Overview, by Types |
6.1 Iraq Mobile Cranes Market Revenues and Volume, 2016-2026F |
6.2 Iraq Fixed Cranes Market Revenues and Volume, 2016-2026F |
6.3 Iraq Marine & Offshore Cranes Market Revenues and Volume, 2016-2026F |
7. Iraq Crane Market Overview, by Applications |
7.1 Iraq Crane Market Revenue and Volumes, By Industrial, 2016-2026F |
7.2 Iraq Crane Market Revenue and Volumes, By Construction, 2016-2026F |
7.3 Iraq Crane Market Revenue and Volumes, By Mining & Excavation, 2016-2026F |
7.4 Iraq Crane Market Revenue and Volumes, By Marine & Offshore, 2016-2026F |
7.5 Iraq Crane Market Revenue and Volumes, By Others, 2016-2026F |
8. Iraq Crane Market Competitive Landscape |
8.1 Iraq Crane Market Revenue Share, By Companies, 2019 |
8.2 Iraq Crane Market Competitive Benchmarking, By Operating Parameters |
9. Company Profiles |
10. Key Strategic Recommendations |
11. Disclaimer |