Middle East and Africa Rough Terrain Cranes Market Expected To Grow With A CAGR Of 5.3% During Forecast Period To Cross Us$ 240 Mn By The End Of 2026

Researchmoz added Most up-to-date research on "Middle East and Africa Rough Terrain Cranes Market Expected To Grow With A CAGR Of 5.3% During Forecast Period To Cross Us$ 240 Mn By The End Of 2026" to its huge collection of research reports.

The MEA rough terrain cranes market is estimated to reach US$ 226.9 Mn with new sales contributing to 35.2% share in value terms by 2016 end. The rental services of rough terrain cranes in MEA is expected to grow with a CAGR of 5.3% during forecast period to cross US$ 240 Mn by the end of 2026. While the new sales of rough terrain cranes are estimated to grow at a CAGR of 5.9% between 2016 and 2026 to exceed US$ 140 Mn by 2026 end. GCC is expected to remain dominant by volume share in the MEA rough terrain cranes market accounting for over 60% in market value by 2016 end.

MEA Rough Terrain Cranes Rental Equipment: BPS Analysis by Lifting Capacity
Market size for medium capacity (50T-75T and 100 T and above) rough terrain cranes is expected to gain share over the forecast period. The CAGR of 100T and above capacity cranes is 5.8% which is 1.16X more than overall market growth.

To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1287935

Demand for 75 Tonnes to 100 Tonnes capacity rough terrain cranes is expected to remain stagnant over the forecast period as these cranes find more utilisation in large-scale construction projects as well as medium enterprise industrial maintenance applications.

Despite representing decline in market share for rough terrain cranes in the up to 50 Tonnes capacity, both the categories including less than 25 tonnes and 25-50 Tonnes capacity are collectively expected to add about US$ 14.5 Mn in incremental opportunity over the forecast period.

In the long run, small capacity rough terrain cranes seem profitable for mid-size construction equipment rental enterprises owing to the considerable frequency of rental bookings as well as incidences by small-scale construction developers and industrial MRO service providers.

MEA Rough Terrain Cranes Rental Equipment: Y-o-Y Projections by Lifting Capacity

The Y-o-Y growth largely depends on the extent of infrastructural development and industrial and commercial investments in a particular region.
Small capacity

Browse TOC @ https://www.researchmoz.us/rough-terrain-cranes-market.html/toc

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ http://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
Follow us on LinkedIn @ http://bit.ly/1TBmnVG

This release was published on openPR.