Product Code: ETC5698133 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The cranes rental market in Ethiopia is expanding due to the increase in large-scale infrastructure and construction projects. Cranes are essential for lifting and moving heavy materials in construction, and as Ethiopia`s construction sector grows, the demand for crane rentals is expected to increase.
The Ethiopia cranes rental market is experiencing growth due to the rising demand for temporary equipment solutions in the construction and industrial sectors. As construction projects become more complex and require high-capacity cranes, businesses prefer renting cranes rather than making large capital investments. The cost-effectiveness and flexibility offered by crane rental services are major factors driving the market. Furthermore, the increasing number of construction and infrastructure projects, particularly in urban areas, contributes to the rising demand for crane rental services.
The crane rental market in Ethiopia faces challenges related to the underdevelopment of the construction and infrastructure sectors. Many construction projects still rely on manual labor, and the use of cranes is not widespread, resulting in low demand for rental services. The lack of a robust rental market infrastructure, including equipment maintenance services and support, further complicates the expansion of crane rentals. Additionally, high rental costs, coupled with the shortage of skilled operators, limit the markets appeal to small and medium-sized enterprises (SMEs). Poor road infrastructure and limited access to financing for businesses also restrict the growth of crane rental services.
The Ethiopian government is fostering the growth of the cranes rental market to support the country`s rapidly developing construction and industrial sectors. Policies are designed to promote the rental of cranes, making heavy equipment more accessible to businesses and contractors. The government is also working to ensure that rental companies comply with safety standards and offer well-maintained equipment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Cranes Rental Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Cranes Rental Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Cranes Rental Market - Industry Life Cycle |
3.4 Ethiopia Cranes Rental Market - Porter's Five Forces |
3.5 Ethiopia Cranes Rental Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ethiopia Cranes Rental Market Revenues & Volume Share, By Weight Lifting Capacity, 2021 & 2031F |
3.7 Ethiopia Cranes Rental Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Ethiopia Cranes Rental Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Cranes Rental Market Trends |
6 Ethiopia Cranes Rental Market Segmentations |
6.1 Ethiopia Cranes Rental Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Cranes Rental Market Revenues & Volume, By Mobile, 2021-2031F |
6.1.3 Ethiopia Cranes Rental Market Revenues & Volume, By Fixed, 2021-2031F |
6.2 Ethiopia Cranes Rental Market, By Weight Lifting Capacity |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Cranes Rental Market Revenues & Volume, By Low, 2021-2031F |
6.2.3 Ethiopia Cranes Rental Market Revenues & Volume, By Low-Medium, 2021-2031F |
6.2.4 Ethiopia Cranes Rental Market Revenues & Volume, By Heavy, 2021-2031F |
6.2.5 Ethiopia Cranes Rental Market Revenues & Volume, By Extreme Heavy, 2021-2031F |
6.3 Ethiopia Cranes Rental Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Cranes Rental Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Ethiopia Cranes Rental Market Revenues & Volume, By Marine & Offshore, 2021-2031F |
6.3.4 Ethiopia Cranes Rental Market Revenues & Volume, By Mining & Excavation, 2021-2031F |
6.3.5 Ethiopia Cranes Rental Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Ethiopia Cranes Rental Market Revenues & Volume, By Transportation, 2021-2031F |
7 Ethiopia Cranes Rental Market Import-Export Trade Statistics |
7.1 Ethiopia Cranes Rental Market Export to Major Countries |
7.2 Ethiopia Cranes Rental Market Imports from Major Countries |
8 Ethiopia Cranes Rental Market Key Performance Indicators |
9 Ethiopia Cranes Rental Market - Opportunity Assessment |
9.1 Ethiopia Cranes Rental Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ethiopia Cranes Rental Market Opportunity Assessment, By Weight Lifting Capacity, 2021 & 2031F |
9.3 Ethiopia Cranes Rental Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Ethiopia Cranes Rental Market - Competitive Landscape |
10.1 Ethiopia Cranes Rental Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Cranes Rental Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |