UAE Crane Market (2020-2026)

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: ETC002070	Publication Date: Apr 2020	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

An increasing number of construction projects including building and water projects, growing usage of automation and telematics as well as rising investment by private sector builders across the residential, commercial, and infrastructure projects are some of the key growth drivers of the crane market in UAE. However, the outbreak of the COVID-19 pandemic has resulted in a slowdown in the UAE economy during the first three quarters of 2020. Though the economic scenario in the UAE region is expected to recover steadily in the next few years, the crane market in UAE is also likely to recover gradually over the years to come.

According to 6Wresearch, the UAE Crane Market size is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives such as rising investment in infrastructure development projects and introducing new development projects through encouraging private sector investors in the country. Additionally, certain key infrastructure development projects initiated by the UAE government such as building and water projects, construction of new malls, hotels, expansion of highways, and airport for the upcoming World Expo 2020 and UAE Vision 2021 would further accelerate the demand for cranes in UAE over the coming years.

In terms of equipment type, the mobile crane segment leads the overall UAE crane market due to the increasing number of construction projects in the country. Additionally, the construction segment is the key revenue-generating segment in the UAE crane market. Moreover, the demand for tower cranes is very high in the UAE as a result of huge manufacturing projects in Abu Dhabi, Dubai, and Sharjah.

The UAE crane market report thoroughly covers the market by types, applications, and regions. UAE crane market outlook report provides an unbiased and detailed analysis of the on-going UAE crane 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.

Key Highlights of the Report:

UAE Crane Market Overview
UAE Crane Market Outlook
UAE Crane Market Forecast
Historical Data of UAE Crane Market Revenues & Volume for the Period 2016-2019.
UAE Crane Market Size and UAE Crane Market Forecast of Revenues and Volume, Until 2026.
Historical Data of UAE Crane Market Revenues and Volume, By applications, for the Period 2016-2019
Market Size & Forecast of UAE Crane Market Revenues and Volume, By applications, Until 2026
Historical Data of UAE Crane Market Revenues and Volume, By types, for the Period 2016-2019
Market Size & Forecast of UAE Crane Market Revenues and Volume, By types, Until 2026
Historical Data of UAE Crane Market Revenues and Volume, By regions, for the Period 2016-2019
Market Size & Forecast of UAE Crane Market Revenues and Volume, By regions, Until 2026
Market Drivers and Restraints
UAE Crane Market Trends and Industry Life Cycle
Porter's Five Force Analysis
Market Opportunity Assessment
UAE Crane Market Share, By Players
UAE Crane Market Share, By Regions
UAE Crane Market Overview on Competitive Benchmarking
Company Profiles
Key Strategic Recommendations