Middle East Knuckle Boom Crane Market (2025-2031) Analysis, Outlook, Trends, Share, Companies, Size, Revenue, Growth, Forecast, Value & Industry

Middle East Knuckle Boom Crane Market Highlights

Report Name	Middle East Knuckle Boom Crane Market
Forecast period	2025-2031
CAGR	4.5%
Growing Sector	Construction

Topics Covered in the Middle East Knuckle Boom Crane Market Report

The Middle East Knuckle Boom Crane Market report thoroughly covers the market by Type, Applications, and Countries. The market report provides an unbiased and detailed analysis of the ongoing 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.

Middle East Knuckle Boom Crane Market Synopsis

The Middle East Knuckle Boom Crane Market has been growing over the past decade and will continue to grow steadily in the coming years. This growth of the market is driven by various factors such as construction, demand in oil & gas industry, investments made by the government, and use of advanced technology.

According to 6Wresearch, the Middle East Knuckle Boom Crane Market size is expected to grow at a significant CAGR of 4.5% during 2025-2031. The rise in construction activities in the Middle East Region led to the demand for knuckle boom cranes as they are versatile and can easily manoeuvre through tight spaces on construction sites. The demand for knuckle boom cranes is high in the oil & gas industry which is a hub in the Middle East region. These cranes are used for lifting heavy equipment and materials in offshore operations. The governments of the Middle East are heavily investing in infrastructure projects which created a demand for knuckle boom cranes in the market. Moreover, with the advancements in technology, these cranes become more efficient, advanced, safer, and easier to operate. These advanced properties have made them popular in the market.

The initial cost of purchasing a knuckle boom crane is quite high, which is a major challenge for small and medium-sized companies. Operating a knuckle boom crane requires specialized training and skills. However, there is a shortage of skilled operators in the Middle East and hence significant challenge for the companies. Moreover, these cranes have limited lifting capacity compared to other types of cranes.

Middle East Knuckle Boom Crane Industry: Leading Players

Some of the prominent companies operating in the Middle East knuckle boom crane market include Terex Corporation, Manitowoc Cranes LLC, Liebherr Group, Sany Heavy Industry Co., Ltd., Kato Works Co., Ltd., Fassi Gru Spa, Hiab AB, Palfinger AG, Kobelco Construction Machinery Co., Ltd., and Cargotec Oyj. These companies have a wide range of knuckle boom cranes in their product portfolio, catering to various industries such as construction, oil and gas, transportation, and mining. They also offer after-sales services to ensure the smooth functioning of their equipment.

Middle East Knuckle Boom Crane Market: Government Regulations

Governments across the Middle East are investing heavily in infrastructure development projects, such as the construction of roads, airports, ports, and commercial buildings. To encourage foreign investment and promote local manufacturing, many governments have introduced tax incentives for companies operating in the knuckle boom crane market. Governments have also made changes to regulations and policies related to the use of cranes in various industries. The Middle East is actively involved in trade agreements with various countries, which has opened up new markets for knuckle boom crane manufacturers. Governments have also launched training programs to educate and train individuals on the safe operation of cranes. Several governments are actively funding research and development initiatives in the crane industry, with a focus on developing new technologies and improving existing ones.

Future Insights of the Market

The Middle East knuckle boom crane market is expected to witness significant growth in the coming years due to several factors. The region's booming construction sector and increasing investments in infrastructure development projects will drive the demand for knuckle boom cranes in the region. The rise in offshore oil and gas exploration activities will also contribute to the growth of the market. Moreover, advancements in technology, such as the integration of the Internet of Things (IoT) and automation, are expected to further boost the demand for knuckle boom cranes. These technologies offer enhanced safety features, improved efficiency, and real-time monitoring capabilities, making them attractive for various industries.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the medium boom range segment is expected to grow significantly in the coming years due to its versatility and ability to handle a wide range of applications which makes it a popular choice in various industries.

Market Segmentation by Applications

In terms of applications, the construction industry is expected to dominate the market as it requires cranes for activities such as building construction, infrastructure development, and maintenance work.

Market Segmentation by Countries

Saudi Arabia is expected to dominate the Middle East knuckle boom crane market. This can be attributed to the country's growing construction and infrastructure development projects, and increasing investments in the mining and oil and gas industries.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Middle East Knuckle Boom Crane Market Overview
• Middle East Knuckle Boom Crane Market Outlook
• Middle East Knuckle Boom Crane Market Forecast
• Middle East Knuckle Boom Crane Market Size
• Historical Data of Middle East Knuckle Boom Crane Market Revenues, for the Period 2021-2031
• Middle East Knuckle Boom Crane Market Forecast of Revenues, Until 2031
• Historical Data of Middle East Knuckle Boom Crane Market Revenues, by Types, for the Period 2021-2031
• Market Size & Forecast of Middle East Knuckle Boom Crane Market Revenues, by Types, until 2031
• Historical Data of Middle East Knuckle Boom Crane Market Revenues, by Applications, for the Period 2021-2031
• Market Size & Forecast of Middle East Knuckle Boom Crane Market Revenues, by Applications, until 2031
• Historical Data of Saudi Arabia, UAE, Turkey, Oman, Kuwait, Bahrain and Qatar Knuckle Boom Crane Market Revenues for the Period 2021-2031.
• Market Size & Forecast of Saudi Arabia, UAE, Turkey, Oman, Kuwait, Bahrain and Qatar Knuckle Boom Crane Market Revenues, until 2031.
• Market Drivers and Restraints
• Middle East Knuckle Boom Crane Market Trends
• Market Opportunity Assessment
• Middle East Knuckle Boom Crane Market Share, By Players
• Middle East Knuckle Boom Crane Market Share, By Countries
• Middle East Knuckle Boom Crane Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

• Small Boom Range
• Medium Boom Range
• Large Boom Range

By Applications

• Construction
• Transport
• Marine
• Mining
• Forestry
• Others

By Countries

• Saudi Arabia
• UAE
• Qatar
• Kuwait
• Oman
• Bahrain
• Turkey