MEA ROUGH TERRAIN CRANES MARKET ANALYSIS

MEA Rough Terrain Cranes Market, By Lifting Capacity (Upto 25 Tonnes, 25 T-50 Tonnes, 50 T-75 Tonnes, 75 T-100 Tonnes, More than 100 Tonnes), By Boom Length (Upto 25 Tonnes, 25 T-35 Tonnes, 35 T-50 Tonnes, More than 50 Tonnes), By Country (GCC, Israel, Turkey, South Africa, Northern Africa, Rest of Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Oct 2021
Code : CMI4728
Pages :170
Formats :
Excel and PDF
Industry : Automotive and Transportation

Market News

Recent Developments:

In February 2019, Liebherr, a German-based manufacturing company has received major order from Dubai-based Al Faris Equipment Rentals. The order worth around US$ 25.8 million which includes twelve cranes from the new LRT rough terrain cranes series, and more.

In July 2020, XCMG launched 750 tonnes XCA750 eight axle all-terrain crane. This crane comes with a seven section 92 meter main boom, topped by a heavy-duty hydraulically erected wind turbine extension, which is specifically designed for wind turbine repair and maintenance work.

In May 2020, Johnson Arabia, a Mobile Crane Rental and Aerial Work Platforms (AWP) hire company has inducted ten new Grove rough terrain cranes into its fleet to target lifting projects in the oil & gas and other sectors.

Key Developments

Major companies involved in the product launch, in order to expand the product portfolio. For instance, in February 2020, The Manitowoc Company, Inc. introduced Grove GRT8120 rough terrain crane.
Key players in the market are involved in mergers and acquisitions, in order to enhance the market presence. For instance, in February 2019, Tadano Ltd. acquired Demag mobile crane business from Terex Corporation for around US$ 215 million.