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

Mea Rough Terrain Cranes MarketSize and Trends

The MEA rough terrain cranes market is estimated to be valued at US$ 119.7 million in 2021 and is expected to exhibit a CAGR of 6.7% over the forecast period (2021-2028).

Market Trends

Conventionally, there have always been rough terrain cranes that use two separate engines for power transmission needed for the transportation and operation of cranes, depending upon the maximum load requirement. The manufacturers have now come up with a new trend of using one single powerful engine which can perform both functions efficiently. That apart, this trend also optimizes space and minimizes maintenance costs.

Growing research and development being undertaken by prominent market participants in the MEA region is estimated to create several growth opportunities for the rough terrain cranes market in coming future. The introduction of new technologies is further fueling the growth of the rough terrain cranes among the consumers in the MEA region. For instance, TADANO, a significant manufacturer of rough-terrain cranes in the MEA region, has introduced new models of cranes which include a fuel monitoring system and an eco-mode system which reduces fuel consumption and provides better control of the engine when the engine is in idle condition.