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

Market Forecast By Types (Small Boom Range, Medium Boom Range, Large Boom Range), By Applications (Construction, Transport, Marine, Mining, Forestry & Others) And Competitive Landscape

Product Code: ETC002467 Publication Date: Apr 2020 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Knuckle Boom Crane Market Highlights

Report Name Saudi Arabia Knuckle Boom Crane Market
Forecast period 2025-2031
CAGR 11%
Growing Sector Construction

Topics Covered in the Saudi Arabia Knuckle Boom Crane Market Report

The Saudi Arabia 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.

Saudi Arabia Knuckle Boom Crane Market Synopsis

The Saudi Arabia Knuckle Boom Crane Market has been experiencing significant growth over the past decade due to several factors such as infrastructural development, growth of the construction industry, heavy reliance on the oil and gas industry, and advanced technology. The market is expected to grow significantly in the coming years.

According to 6Wresearch, the Saudi Arabia Knuckle Boom Crane Market size is expected to grow at a significant CAGR of 11% during 2025-2031. The government of Saudi Arabia has been investing heavily in developing its infrastructure, including projects such as roads, bridges, and buildings. This has led to an increased demand for knuckle boom cranes for construction purposes. The country relies heavily on the oil & gas industry for its economy. Knuckle boom cranes are widely used in this sector for various tasks such as loading and unloading equipment, maintenance of pipelines, and installation of offshore platforms. Moreover, the booming construction industry in Saudi Arabia has been further driving the growth of the market. Furthermore, advanced technology has led to the development of more efficient and versatile cranes, hence driving the market.

Knuckle boom cranes are expensive, making it challenging for small and medium-sized businesses to afford them. Operating a knuckle boom crane requires specialized skills and training. However, there is a shortage of skilled operators in the Saudi Arabian market. Knuckle boom cranes require regular maintenance to ensure their optimal functioning. The cost of maintaining these cranes is high, especially for smaller companies with limited budgets.

Saudi Arabia Knuckle Boom Crane Industry: Leading Players

Some of the prominent players operating in the Saudi Arabian knuckle boom crane market are Al Faris Group, Zamil Offshore Services Company, ARCOM HEAVY EQUIPMENT, Kanoo Cranes, Umm Al Qura for Development & Construction Company, Fassi Group, Tadano Ltd., XCMG Group, Liebherr Group, and Manitowoc Cranes Inc. These key players have a significant market share and are constantly expanding their product portfolio to cater to the diverse needs of their customers.

Saudi Arabia Knuckle Boom Crane Market: Government Regulations

One such initiative is the National Industrial Development and Logistics Program (NIDLP), which aims to diversify the economy and increase local content in various industries, including construction. Under this, the government has invested heavily in developing infrastructure and creating a favourable business environment for companies operating in the construction sector. Moreover, the government has implemented policies to attract foreign investment and encourage local businesses to expand. This has resulted in the growth of various industries, such as manufacturing, which also require the use of cranes in their operations.

Future Insights of the Market

The future of the Saudi Arabia knuckle boom crane market looks promising due to various factors such as ongoing infrastructure projects, increasing demand for construction and industrial activities, and government initiatives promoting sustainable practices. The rise in investments by major companies in the country is expected to boost the demand for knuckle boom cranes. Additionally, technological advancements such as remote-controlled operations and improved safety features are expected to drive the market growth

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the medium boom range segment is anticipated to have a major share in the market. This can be attributed to its versatility and suitability for various applications such as construction, transport, and mining.

Market Segmentation by Applications

In terms of applications, the construction segment is expected to dominate the Saudi Arabia knuckle boom crane market due to the increasing investment in infrastructure development projects and rapid urbanization in the country.

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:

  •  Saudi Arabia Knuckle Boom Crane Market Overview
  •  Saudi Arabia Knuckle Boom Crane Market Outlook
  •  Saudi Arabia Knuckle Boom Crane Market Forecast
  • Historical Data of Saudi Arabia Knuckle Boom Crane Market Revenues & Volume for the Period 2021-2031
  •  Saudi Arabia Knuckle Boom Crane Market Size and Saudi Arabia Knuckle Boom Crane Market Forecast of Revenues & Volume, Until 2031
  • Historical Data of Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Types, for the Period 2021-2031
  • Market Size & Forecast of Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Types Until 2031
  • Historical Data of Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Applications, for the Period 2021-2031
  • Market Size & Forecast of Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Applications, Until 2031
  • Market Drivers and Restraints
  • Saudi Arabia Knuckle Boom Crane Market Price Trends
  • Saudi Arabia Knuckle Boom Crane Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Saudi Arabia Knuckle Boom Crane Market Share, By Players
  • Saudi Arabia Knuckle Boom Crane Market Share, By Regions
  • Saudi Arabia 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

Saudi Arabia Knuckle Boom Crane Market (2025-20301: FAQs

Some of the key players in the Saudi Arabia knuckle boom crane market include Manitowoc, Liebherr Group, XCMG, Sany Group, and Terex Corporation.
The key factors driving the growth of the market due to the construction industries, rising population, efficiency in handling heavy materials, and government investments.
The construction application holds the highest market share.
The key challenges faced by the market are high costs, high maintenance costs, and a lack of skilled workers.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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. Saudi Arabia Knuckle Boom Crane Market Overview
3.1. Saudi Arabia Country Indicators
3.2. Saudi Arabia Knuckle Boom Crane Market Revenues , 2021-2031F
3.3. Saudi Arabia Knuckle Boom Crane Market – Industry Life Cycle
3.4. Saudi Arabia Knuckle Boom Crane Market – Porter’s Five Forces
3.5. Saudi Arabia Knuckle Boom Crane Market Revenue & Volume Share, By Types, 2021&2031F
3.6. Saudi Arabia Knuckle Boom Crane Market Revenue & Volume Share, By Applications, 2021&2031F
4. Saudi Arabia Knuckle Boom Crane Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Saudi Arabia Knuckle Boom Crane Market Trends
6. Saudi Arabia Knuckle Boom Crane Market Overview, By Types
6.1. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Small Boom Range, 2021-2031F
6.2. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Medium Boom Range, 2021-2031F
6.3. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Large Boom Range, 2021-2031F
7. Saudi Arabia Knuckle Boom Crane Market Overview, By Applications
7.1. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Construction, 2021-2031F
7.2. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Transport, 2021-2031F
7.3. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Marine, 2021-2031F
7.4. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Mining, 2021-2031F
7.5. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Forestry, 2021-2031F
7.6. Saudi Arabia Knuckle Boom Crane Market Revenues & Volume, By Others, 2021-2031F
8. Saudi Arabia Knuckle Boom Crane Market Key Performance Indicators
9. Saudi Arabia Knuckle Boom Crane Market Opportunity Assessment
 9.1. Saudi Arabia Knuckle Boom Crane Market Opportunity Assessment, By Types, 2031
 9.2. Saudi Arabia Knuckle Boom Crane Market Opportunity Assessment, By Applications, 2031
10. Saudi Arabia Knuckle Boom Crane Market Competitive Landscape
10.1. Saudi Arabia Knuckle Boom Crane Market Revenue Share, By Companies, 2024
 
10.2. Saudi Arabia Knuckle Boom Crane Market Competitive Benchmarking, By Operating and Technical Parameters
11. Company Profiles
12. Recommendations
13. Disclaimer
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