The GCC crane market size reached USD 2.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.4% during 2025-2033.
Report Attribute
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Key Statistics |
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Base Year
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2024 |
Forecast Years
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2025-2033 |
Historical Years
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2019-2024
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Market Size in 2024 | USD 2.8 Billion |
Market Forecast in 2033 | USD 3.8 Billion |
Market Growth Rate 2025-2033 | 3.4% |
A crane is a construction machinery that is extensively used for lifting and transporting heavy loads. It functions with the help of hydraulics and internal combustion engine systems. It is utilized across various industries such as the transport industry for loading and unloading freight and in the manufacturing industry for assembling heavy equipment. Moreover, different cranes, such as aerial cranes, truck-mounted cranes, and mobile cranes are employed for constructing high-rise office buildings and modular homes.
The GCC crane market is primarily driven by the increasing construction and infrastructure projects in the region, which have increased the interest of various domestic and foreign tower crane manufacturers in the region. Additionally, there has been a rise in the demand for high capacity cranes due to the commencement of numerous energy-related projects and industrial facilities construction. For instance, Mammoet, a privately held Dutch company, has been involved in the expansion of a polypropylene plant on the gulf coast, which will increase the production capacity by an additional 450,000 tons per year. Furthermore, the application in fracking pipe yards, transmission distribution lines, and tank firms will present new revenue generation opportunities in the region during the next few years.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC crane market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Application, Country |
Country Covered | Saudi Arabia, UAE, Qatar, Oman, Kuwait ,Bahrain |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |