The Latin America, Middle East and Africa Mobile Cranes Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Crawler cranes are self-propelled cranes on tracks that work with telescopic and lattice booms. They are massive machines with capacities ranging from 90 to 1200 tonnes. Crawler cranes are commonly employed in operations such as bridge building, concrete tilt-up, and wind farm installation. As the number of development projects in difficult locations rises, mobile cranes are increasingly relied upon to solve problems. But this demand has resulted in the development of extremely big cranes with expanded capabilities.
Infrastructure development is a key aspect in augmenting the pace of urbanisation, particularly in developing countries. The importance of aftermarket assistance in the mobile cranes business is very important. Numerous key companies like Manitowoc in the market are focusing on providing real-time diagnostics & repair, parts and training, and other services to extend the life of cranes and increase consumer confidence in the company.
Kenya, Ethiopia, and Rwanda, among other East African countries, are investing heavily in infrastructure development. For example, Kenya's government launched "the Big Four" project in 2018, an ambitious infrastructure development project aiming at stimulating industry, providing affordable housing and healthcare, and ensuring food security. Along with that, the significant reserve of oil and gas in the countries of the Middle East region would support the demand for mobile cranes in this region.
The Brazil market dominated the LAMEA Mobile Cranes Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $368.1 million by 2027. The Argentina market is anticipated to grow a CAGR of 7.5% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 6.7% during (2021 - 2027).
Based on Product Type, the market is segmented into Truck Mounted Crane, Trailer Mounted Crane and Crawler Crane. Based on Application, the market is segmented into Construction, Industrial, and Utility. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Mobile Cranes Market is Predict to reach $16.9 Billion by 2027, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BAUER AG, The Manitowoc Company, Inc., Kobelco Construction Machinery Co., Ltd. (Kobe Steel, Ltd.), Liebherr-International AG, Manitex International, Inc., Palfinger AG, Sarens N.V. /S.A., Terex Corporation, Zoomlion Heavy Industry Science & Technology Co., Ltd., and Xuzhou Construction Machinery Group Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Truck Mounted Crane
- Trailer Mounted Crane and
- Crawler Crane
By Application
- Construction
- Industrial, and
- Utility
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- BAUER AG
- The Manitowoc Company, Inc.
- Kobelco Construction Machinery Co., Ltd. (Kobe Steel, Ltd.)
- Liebherr-International AG
- Manitex International, Inc.
- Palfinger AG
- Sarens N.V. /S.A.
- Terex Corporation
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
- Xuzhou Construction Machinery Group Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Mobile Cranes Market, by Product Type
1.4.2 LAMEA Mobile Cranes Market, by Application
1.4.3 LAMEA Mobile Cranes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Mobile Cranes Market by Product Type
3.1 LAMEA Truck Mounted Crane Market by Country
3.2 LAMEA Trailer Mounted Crane Market by Country
3.3 LAMEA Crawler Crane Market by Country
Chapter 4. LAMEA Mobile Cranes Market by Application
4.1 LAMEA Construction Market by Country
4.2 LAMEA Industrial Market by Country
4.3 LAMEA Utility Market by Country
Chapter 5. LAMEA Mobile Cranes Market by Country
5.1 Brazil Mobile Cranes Market
5.1.1 Brazil Mobile Cranes Market by Product Type
5.1.2 Brazil Mobile Cranes Market by Application
5.2 Argentina Mobile Cranes Market
5.2.1 Argentina Mobile Cranes Market by Product Type
5.2.2 Argentina Mobile Cranes Market by Application
5.3 UAE Mobile Cranes Market
5.3.1 UAE Mobile Cranes Market by Product Type
5.3.2 UAE Mobile Cranes Market by Application
5.4 Saudi Arabia Mobile Cranes Market
5.4.1 Saudi Arabia Mobile Cranes Market by Product Type
5.4.2 Saudi Arabia Mobile Cranes Market by Application
5.5 South Africa Mobile Cranes Market
5.5.1 South Africa Mobile Cranes Market by Product Type
5.5.2 South Africa Mobile Cranes Market by Application
5.6 Nigeria Mobile Cranes Market
5.6.1 Nigeria Mobile Cranes Market by Product Type
5.6.2 Nigeria Mobile Cranes Market by Application
5.7 Rest of LAMEA Mobile Cranes Market
5.7.1 Rest of LAMEA Mobile Cranes Market by Product Type
5.7.2 Rest of LAMEA Mobile Cranes Market by Application
Chapter 6. Company Profiles
6.1 BAUER AG
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.1 Research & Development Expense
6.2 The Manitowoc Company, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent Strategies and Developments:
6.2.5.1 Product Launches and Product Expansions:
6.2.5.2 Acquisitions and Mergers:
6.3 Kobelco Construction Machinery Co., Ltd. (Kobe Steel, Ltd.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Research & Development Expenses
6.4 Liebherr-International AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Research & Development Expenses
6.4.4 Recent Strategies and Developments:
6.4.4.1 Product Launches and Product Expansions:
6.4.4.2 Geographical Expansions:
6.5 Manitex International, Inc.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Research & Development Expenses
6.5.4 Recent Strategies and Developments:
6.5.4.1 Product Launches and Product Expansions:
6.6 Palfinger AG
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 Recent Strategies and Developments:
6.6.5.1 Product Launches and Product Expansions:
6.7 Sarens N.V./S.A.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Recent Strategies and Developments:
6.7.3.1 Partnerships, Collaborations and Agreements:
6.8 Terex Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 Recent Strategies and Developments:
6.8.5.1 Geographical Expansions:
6.9 Zoomlion Heavy Industry Science & Technology Co., Ltd.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.9.5 Recent Strategies and Developments:
6.9.5.1 Geographical Expansions:
6.10. Xuzhou Construction Machinery Group Co., Ltd.
6.10.1 Company Overview
6.10.2 Recent Strategies and Developments:
6.10.2.1 Partnerships, Collaborations and Agreements:
TABLE 1 LAMEA Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 4 LAMEA Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 5 LAMEA Truck Mounted Crane Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Truck Mounted Crane Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Trailer Mounted Crane Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Trailer Mounted Crane Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Crawler Crane Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Crawler Crane Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 12 LAMEA Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 13 LAMEA Construction Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Construction Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Utility Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Utility Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Mobile Cranes Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Mobile Cranes Market by Country, 2021 - 2027, USD Million
TABLE 21 Brazil Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 22 Brazil Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 23 Brazil Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 24 Brazil Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 25 Brazil Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 26 Brazil Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 27 Argentina Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 28 Argentina Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 29 Argentina Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 30 Argentina Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 31 Argentina Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 32 Argentina Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 33 UAE Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 34 UAE Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 35 UAE Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 36 UAE Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 37 UAE Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 38 UAE Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 39 Saudi Arabia Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 40 Saudi Arabia Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 41 Saudi Arabia Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 42 Saudi Arabia Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 43 Saudi Arabia Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 44 Saudi Arabia Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 45 South Africa Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 46 South Africa Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 47 South Africa Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 48 South Africa Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 49 South Africa Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 50 South Africa Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 51 Nigeria Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 52 Nigeria Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 53 Nigeria Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 54 Nigeria Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 55 Nigeria Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 56 Nigeria Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 57 Rest of LAMEA Mobile Cranes Market, 2017 - 2020, USD Million
TABLE 58 Rest of LAMEA Mobile Cranes Market, 2021 - 2027, USD Million
TABLE 59 Rest of LAMEA Mobile Cranes Market by Product Type, 2017 - 2020, USD Million
TABLE 60 Rest of LAMEA Mobile Cranes Market by Product Type, 2021 - 2027, USD Million
TABLE 61 Rest of LAMEA Mobile Cranes Market by Application, 2017 - 2020, USD Million
TABLE 62 Rest of LAMEA Mobile Cranes Market by Application, 2021 - 2027, USD Million
TABLE 63 Key Information – bauer AG
TABLE 64 key information – The Manitowoc Company, Inc.
TABLE 65 Key Information – Kobelco Construction Machinery Co., Ltd.
TABLE 66 Key Information – Liebherr-International AG
TABLE 67 Key Information – Manitex international, INC.
TABLE 68 Key Information – Palfinger ag
TABLE 69 Key Information –Sarens n.v. /s.a.
TABLE 70 Key Information – Terex Corporation
TABLE 71 Key Information – Zoomlion Heavy Industry Science&Technology Co., Ltd.
TABLE 72 Key Information – Xuzhou Construction Machinery Group Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent Strategies and Developments: The Manitowoc Company, Inc.
FIG 3 Recent Strategies and Developments: Liebherr-International AG