Saudi Arabia Manlift Market Outlook | Size, Growth, Trends, Companies, Industry, Revenue, Value, Share, COVID-19 IMPACT, Forecast & Analysis
Market Forecast By Types (Boom Lifts, Scissor Lifts, Vertical Lifts), By End Users (Construction & Infrastructure, Oil & Gas, Industrial, Events, Warehouses, Others (Aviation, Painting etc.)), By Regions (Eastern, Western, Central, Southern) and competitive landscape.
| Product Code: ETC150108 | Publication Date: Nov 2021 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 81 | No. of Figures: 27 | No. of Tables: 5 |
Saudi Arabia Manlift Market report thoroughly covers the market by types, end users and regions. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia Manlift Market Synopsis
Saudi Arabia manlift market witnessed a steady growth in the recent years owing to the government initiative such as National Industrial Development and Logistics program was launched in 2019 by Saudi Arabia government under its long-term initiative Saudi Vision 2030 which aims to transform Saudi Arabia into an industrial and logistics powerhouse.
However, manlift market was negatively impacted by the COVID-19 pandemic in 2020 as a result of the complete lockdown bought in force by the Saudi Arabia government to prevent the spread of coronavirus which disrupted the supply chain, manufacturing processes and put a halt to all the developmental activities across all the sectors. However, the phase of decline is expected to be temporary, and market is anticipated to recover in 2021 and return to a healthy growth rate thereafter on account of declining covid-19 cases and resumption of all developmental activities.
According to 6Wresearch, Saudi Arabia Manlift Market size is projected to grow at a CAGR of 4.0% during 2021-2027. After the oil price crises of 2014, the Saudi Arabia started to diversify its economy by reducing its reliance on oil sector and investing heavily in non-oil sectors which resulted in setting up of large-scale commercial establishments, such as economic cities, medical cities, hotels, offices, and data centres across the country under the proposed economic city projects, such as Jazan Economic City and Prince Abdulaziz Bin Mousaed Economic City. This is expected to result in increased construction activities in Saudi Arabia over the coming years, resulting in an increased demand for manlift equipment in the forecast period.
Market by Types Analysis
In terms of types, the segments boom and vertical lift cumulatively have captured 93% of the market revenues in 2020, with boom lift leading the market. The segment boom lifts generated majority of the market revenues owing to its application in construction and oil & gas sector due to its higher operational height and higher weight carrying capacity. Further, various projects such as Saudi Aramco and Saudi Basic Industries Corp (SABIC) joint oil-to-chemicals project in the Red City of Yanbu, involving the construction of a full oil refinery, would further increase the demand for boom lifts in Saudi Arabia in the forthcoming years.
Market by Application Analysis
In Saudi Arabia manlift market, oil & gas and construction applications have led the overall market revenues accounting more than 55% of the market revenues in 2020. Oil & gas application captured key share of the market pie on account of large-scale investment in the sector such as Aramco’s worth $18 billion Berri and Marjan oil field project, $3.5 billion Tanajib gas processing plant and $2.1 billion Hawiyah Unayzah underground gas storage project. Such projects would propel the market for manlift in the country since they are extensively used in oil & gas sector.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Saudi Arabia Manlift Market Overview
- Saudi Arabia Manlift Market Outlook
- Saudi Arabia Manlift Market Forecast
- Historical Data and Forecast of Saudi Arabia Manlift Market Revenues and Volume, for the Period 2017-2027F
- Historical Market Data and Forecast of Saudi Arabia Manlift Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Market Data and Forecast of Saudi Arabia Manlift Market Revenues, By End Users, for the Period 2017-2027F
- Historical Market Data and Forecast of Saudi Arabia Manlift Market Revenues, By Regions, for the Period 2017-2027F
- Market Drivers and Restraints
- Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Saudi Arabia Manlift Market Revenue Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- By Types:
- Boom Lifts
- Scissor Lifts
- Vertical Lifts
- By End Users:
- Construction & Infrastructure
- Oil & Gas
- Industrial
- Events
- Warehouses
- Others (Aviation, Painting etc.)
- By Regions:
- Eastern
- Western
- Central
- Southern
Saudi Arabia Manlift Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Saudi Arabia Manlift Market revenue is anticipated to record a CAGR of 4.0% during 2021-27.
The segment, boom lift has dominated the market revenues led by usage across construction & infrastructure and oil & gas segments.
Construction & infrastructure would record key growth throughout the forecast period 2021-27.
The key players of the market include- Terex Corporation, Ommelift A/S, Holland Lift International B.V., Tadano Ltd., Snorkel International Inc., and Oshkosh Corporation.
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1. Executive Summary |
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2. Introduction |
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2.1. Report Description |
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2.2. Key Highlights of the Report |
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2.3. Market Scope & Segmentation |
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2.4. Research Methodology |
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2.5. Assumptions |
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3. Saudi Arabia Manlift Market Overview |
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3.1 Saudi Arabia Manlift Market Revenues and Volume, 2017-2027F |
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3.2 Saudi Arabia Manlift Market Industry Life Cycle |
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3.3 Saudi Arabia Manlift Market- Porter’s Five Forces |
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3.4 Saudi Arabia Manlift Market Revenue Share, By Types, 2020 & 2027F |
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3.5 Saudi Arabia Manlift Market Revenue Share, By, End Users 2020 & 2027F |
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3.6 Saudi Arabia Manlift Market Revenue Share, By Regions, 2020 & 2027F |
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4. Impact Analysis of Covid-19 on Saudi Arabia Manlift Market |
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5. Saudi Arabia Manlift Market Dynamics |
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5.1 Impact Analysis |
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5.2 Market Drivers |
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5.3 Market Restraints |
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6. Saudi Arabia Manlift Market Trends & Evolution |
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7. Saudi Arabia Manlift Market Overview, By Types |
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7.1 Saudi Arabia Manlift Market Revenues and Volume, By Boom Lifts, 2017-2027F |
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7.2 Saudi Arabia Manlift Market Revenues and Volume, By Scissor Lifts, 2017-2027F |
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7.3 Saudi Arabia Manlift Market Revenues and Volume, By Vertical Lifts, 2017-2027F |
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8. Saudi Arabia Manlift Market Overview, By End Users |
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8.1 Saudi Arabia Manlift Market Revenues, By End Users, 2017-2027F |
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8.1.1 Saudi Arabia Manlift Market Revenues, By Construction & Infrastructure, 2017-2027F |
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8.1.2 Saudi Arabia Manlift Market Revenues, By Oil & Gas, 2017-2027F |
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8.1.3 Saudi Arabia Manlift Market Revenues, By Industrial, 2017-2027F |
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8.1.4 Saudi Arabia Manlift Market Revenues, By Events, 2017-2027F |
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8.1.5 Saudi Arabia Manlift Market Revenues, By Warehouses, 2017-2027F |
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8.1.6 Saudi Arabia Manlift Market Revenues, By Others, 2017-2027F |
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9. Saudi Arabia Manlift Market Overview, By Regions |
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9.1 Saudi Arabia Manlift Market Revenues, By Regions, 2017-2027F |
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9.1.1 Saudi Arabia Manlift Market Revenues, By Eastern Region, 2017-2027F |
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9.1.2 Saudi Arabia Manlift Market Revenues, By Western Region, 2017-2027F |
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9.1.3 Saudi Arabia Manlift Market Revenues, By Central Region, 2017-2027F |
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9.1.4 Saudi Arabia Manlift Market Revenues, By Southern Region, 2017-2027F |
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10. Saudi Arabia Manlift Market – Key Performance Indicators |
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11. Saudi Arabia Manlift Market – Opportunity Assessment |
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11.1 Saudi Arabia Manlift Market Opportunity Assessment, By Types, 2027F |
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11.2 Saudi Arabia Manlift Market Opportunity Assessment, By End Users, 2027F |
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12. Saudi Arabia Manlift Market Competitive Landscape |
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12.1 Saudi Arabia Manlift Market Revenue Share, By Companies, 2020 |
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12.2 Saudi Arabia Manlift Market Competitive Benchmarking, By Operating Parameters |
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12.3 Saudi Arabia Manlift Market Competitive Benchmarking, By Technical Parameters |
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13. Company Profiles |
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13.1 Terex Corporation |
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13.2 Ommelift A/S |
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13.3 Holland Lift International B.V. |
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13.4 Caterpillar Inc. |
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13.5 Tadano Ltd. |
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13.6 Oshkosh Corporation |
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13.7 Xuzhou Construction Machinery Group Co., Ltd. |
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13.8 J C Bamford Excavator Limited |
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13.9 Snorkel International Inc |
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13.10 MEC Aerial Platform Sales Corp. |
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14. Key Strategic Recommendations |
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15. Disclaimer |
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List of Figures |
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Figure 1. Saudi Arabia Manlift Market Revenues and Volume, 2017-2027F ($ Million, Units) |
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Figure 2. Saudi Arabia Manlift Market Revenue Share, By Types, 2020 & 2027F |
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Figure 3. Saudi Arabia Manlift Market Volume Share, By Types, 2020 & 2027F |
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Figure 4. Saudi Arabia Manlift Market Revenue Share, By End Users, 2020 & 2027F |
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Figure 5. Saudi Arabia Diesel Genset Market Revenue Share, By Regions, 2020 & 2027F |
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Figure 6. Saudi Arabia Office Supply Space, Q4 2020-2023F (Million Sq.mt. GLA) |
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Figure 7. Saudi Arabia Retail Supply Stock, Q4 2020-2023F (Million Sq. mt. GLA) |
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Figure 8. Saudi Arabia Residential Supply Stock, Q4 2020-2023F (Million Units) |
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Figure 9. Saudi Arabia Warehouse Demand Projections, 2025F & 2030F (Million sqm) |
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Figure 10. Average GHG Emissions Per Capita (2019) in Metric Tons |
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Figure 11. Saudi Arabia Energy-Related CO2 Emissions Share, 2020 |
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Figure 12. Saudi Arabia Manlift Market Revenues and Volume, By Boom Lifts, 2017-2027F ($ Million, Units) |
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Figure 13. Saudi Arabia Manlift Market Revenues and Volume, By Scissor Lifts, 2017-2027F ($ Million, Units) |
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Figure 14. Saudi Arabia Manlift Market Revenues and Volume, By Vertical Lifts, 2017-2027F ($ Million, Units) |
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Figure 15. Saudi Arabia Manlift Market Revenues, By Construction & Infrastructure, 2017-2027F ($ Million) |
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Figure 16. Saudi Arabia Manlift Market Revenues, By Oil & Gas, 2017-2027F ($ Million) |
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Figure 17. Saudi Arabia Manlift Market Revenues, By Industrial, 2017-2027F ($ Million) |
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Figure 18. Saudi Arabia Manlift Market Revenues, By Events, 2017-2027F ($ Million) |
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Figure 19. Saudi Arabia Manlift Market Revenues, By Warehouses, 2017-2027F ($ Million) |
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Figure 20. Saudi Arabia Manlift Market Revenues, By Others, 2017-2027F ($ Million) |
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Figure 21. Saudi Arabia Manlift Market Revenues, By Eastern Region, 2017-2027F ($ Million) |
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Figure 22. Saudi Arabia Manlift Market Revenues, By Western Region, 2017-2027F ($ Million) |
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Figure 23. Saudi Arabia Manlift Market Revenues, By Central Region, 2017-2027F ($ Million) |
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Figure 24. Saudi Arabia Manlift Market Revenues, By Southern Region, 2017-2027F ($ Million) |
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Figure 25. Saudi Arabia Number of Upcoming Hotel Projects, 2021-24F |
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Figure 26. Saudi Arabia Manlift Market Opportunity Assessment, By Types, 2027F |
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Figure 27. Saudi Arabia Manlift Market Opportunity Assessment, By End Users, 2027F |
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List of Tables |
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Table 1. Saudi Arabia Ongoing Major Economic City Projects |
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Table 2. Saudi Arabia Under Development Hotel Rooms, 2021 |
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Table 3. Saudi Arabia Major Upcoming Hospitality Projects |
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Table 4. Saudi Arabia Ongoing Healthcare Projects as of 2021 |
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Table 5. Saudi Arabia Ongoing Major Transportation Projects |
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