Market Forecast By Types (Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Road Construction Equipment (Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications (Construction, Oil & Gas, Mining) and competitive landscape
Product Code: ETC001921 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Kuwait construction equipment market has registered substantial growth over the past few years primarily driven by huge infrastructural development projects in the country as well as government initiatives such as the Vision 2035 program which aims at developing mega projects including the building of a multipurpose industrial city. However, the global crisis caused by the outbreak of novel coronavirus at the beginning of 2020, may impact several construction projects and might slow down the overall economic growth along with the growth of development projects in Kuwait over the coming years.
According to 6Wresearch, the Kuwait Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is supported by government initiatives such as the Kuwait Vision 2035 that aims at transforming Kuwait into a global commercial center. Further, Kuwait has invested around $ 60 billion in various construction projects. The Kuwait government has increased construction activities such as constructing a new passenger terminal at the Kuwait International Airport, the building of the biggest port in the Middle East- the Mubarak Al-Kabeer Port as well as the construction of oil refineries and renewable energy infrastructure. These initiatives would spur the demand for the construction equipment market in Kuwait during the forecast period.
In terms of equipment types, earthmoving equipment is recording significant growth in Kuwait as a result of the increasing number of construction projects across various industrial verticals. Additionally, the residential, hospitality, and transportation sectors are likely to lead the other sectors in terms of revenue generation in Kuwait.
The Kuwait construction equipment market report thoroughly covers the market by equipment types, equipment sub-segment types, applications, and regions. Kuwait construction equipment market outlook report provides an unbiased and detailed analysis of the on-going Kuwait construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Kuwait construction equipment market is anticipated to gain traction in the upcoming six years underpinned by the rise in growth of the expansion of construction projects in the country. Moreover, Al Zour refinery, Sheikh Jaber Causeway, and silk city. Further, the increasing E-commerce sector is expected to increase in the development of warehouse setups coupled with rising trade practices in the country is leading to instigate use for forklifts, articulated boom lifts, and scissor lifts in the logistic sector to manage inventory and is expected to boost the growth of the Kuwait construction equipment market in the forthcoming years.
Key Highlights of the Report
Markets Covered
The Kuwait construction equipment market report provides a detailed analysis of the following market segments:
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 Kuwait Construction Equipment Market Overview |
3.1 Kuwait Construction Equipment Market Revenues & Volume (2016-2026) |
3.2 Kuwait Construction Equipment Market Industry Life Cycle |
3.3 Kuwait Construction Equipment Market Porter’s Five Forces Model |
3.4 Kuwait Construction Equipment Market Revenue and Volume Share, By Equipment Types (2019 & 2026) |
3.5 Kuwait Construction Equipment Market Revenue Share, By Applications (2019 & 2026) |
3.6 Kuwait Construction Equipment Market Revenue Share, By Regions (2019 & 2026) |
4 Kuwait Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kuwait Construction Equipment Market Trends |
6 Kuwait Construction Equipment Market - Distribution Channel Analysis |
7 Kuwait Construction Equipment Market - Price Trend Analysis |
8 Kuwait Cranes Market Overview |
8.1 Kuwait Cranes Market Revenues & Volume (2016-2026) |
8.2 Kuwait Cranes Market Revenues & Volume Share, By Types (2019 & 2026) |
8.2.1 Kuwait Mobile Cranes Market Revenues & Volume (2016-2026) |
8.2.2 Kuwait Crawler Cranes Market Revenues & Volume (2016-2026) |
8.2.3 Kuwait Tower Cranes Market Revenues & Volume (2016-2026) |
9 Kuwait Construction Tractors & Bulldozers Market Overview |
9.1 Kuwait Construction Tractors & Bulldozers Market Revenues & Volume (2016-2026) |
10 Kuwait Earth Moving Equipment Market Overview |
10.1 Kuwait Earth Moving Equipment Market Revenues & Volume (2016-2026) |
10.2 Kuwait Earth Moving Equipment Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.1 Kuwait Loaders Market Revenues & Volume (2016-2026) |
10.2.2 Kuwait Loaders Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.2.1 Kuwait Wheeled Loaders Market Revenues & Volume (2016-2026) |
10.2.2.2 Kuwait Skid Steer Loaders Market Revenues & Volume (2016-2026) |
10.2.2.3 Kuwait Backhoe Loaders Market Revenues & Volume (2016-2026) |
10.2.2.4 Kuwait Compact Track Loaders Market Revenues & Volume (2016-2026) |
10.2.3 Kuwait Excavators Market Revenues & Volume (2016-2026) |
10.2.4 Kuwait Excavators Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.4.1 Kuwait Tracked Excavators Market Revenues & Volume (2016-2026) |
10.2.4.2 Kuwait Mini Excavators Market Revenues & Volume (2016-2026) |
10.2.4.3 Kuwait Wheeled Excavators Market Revenues & Volume (2016-2026) |
10.2.5 Kuwait Motor Grader Market Revenues & Volume (2016-2026) |
11 Kuwait Material Handling Equipment Market Overview |
11.1 Kuwait Material Handling Equipment Market Revenues & Volume (2016-2026) |
11.2 Kuwait Material Handling Equipment Market Revenues & Volume Share, By Types (2019 & 2026) |
11.2.1 Kuwait Forklift Market Revenues & Volume (2016-2026) |
11.2.2 Kuwait Telescopic Handler Market Revenues & Volume (2016-2026) |
12 Kuwait Dump Trucks Market Overview |
12.1 Kuwait Dump Trucks Market Revenues & Volume (2016-2026) |
13 Kuwait Aerial Work Equipment Market Overview |
13.1 Kuwait Aerial Work Platform Market Revenues & Volume (2016-2026) |
13.2 Kuwait Aerial Work Platform Market Revenues & Volume Share, By Types (2019 & 2026) |
13.2.1 Kuwait Articulated Boom lift Market Revenues & Volume (2016-2026) |
13.2.2 Kuwait Scissor Lift Market Revenues & Volume (2016-2026) |
13.2.3 Kuwait Telescopic Boom lift Market Revenues & Volume (2016-2026) |
14 Kuwait Road Construction Equipment Market Overview |
14.1 Kuwait Road Construction Market Revenues & Volume (2016-2026) |
14.2 Kuwait Road Construction Market Revenues & Volume Share, By Types (2019 & 2026) |
14.2.1 Kuwait Paver Market Revenues & Volume (2016-2026) |
14.2.2 Kuwait Road Roller Market Revenues & Volume (2016-2026) |
15 Kuwait Construction Equipment Market Overview, By Applications |
15.2 Kuwait Construction Equipment Market Revenues, By Construction Application (2016-2026) |
15.3 Kuwait Construction Equipment Market Revenues, By Oil & Gas Application (2016-2026) |
15.4 Kuwait Construction Equipment Market Revenues, By Mining Application (2016-2026) |
15.5 Kuwait Construction Equipment Market Revenues, By Other Applications (2016-2026) |
16 Kuwait Construction Equipment Market Overview, By Regions |
16.2 Kuwait Construction Equipment Market Revenues, By Northern Region (2016-2026) |
16.3 Kuwait Construction Equipment Market Revenues, By Southern Region (2016-2026) |
16.4 Kuwait Construction Equipment Market Revenues, By Eastern Region (2016-2026) |
16.5 Kuwait Construction Equipment Market Revenues, By Western Region (2016-2026) |
17 Kuwait Construction Equipment Market - Government Initiatives / Regulations |
18 Kuwait Construction Equipment Market - Key Performance Indicators |
19 Kuwait Construction Equipment Market Opportunity Assessment |
19.1 Kuwait Construction Equipment Market Opportunity Assessment, By Types (2026) |
19.2 Kuwait Construction Equipment Market Opportunity Assessment, By Applications (2026) |
20 Kuwait Construction Equipment Market Competitive Landscape |
20.1 Kuwait Construction Equipment Market, By Players’ Revenue Share (2019) |
20.2 Kuwait Construction Equipment Market, By Players’ Competitive Benchmarking, By Operating Parameters |
21 Key Strategic Pointers |
22 Disclaimer |