Market Forecast By Types (Telescopic Boom Lifts, Articulating Boom Lifts, Trailer Mounted Boom Lifts, Bucket Trucks, Towable Boom Lifts), By Power Source (Engine Powered Boom Lifts, Hybrid Boom Lifts, Electric Boom Lifts), By End User (Construction Industry, Oil & Gas Industry, Mining Industry, Aerospace, Shipping and Port Building & Others), By Countries (Saudi Arabia, Qatar, UAE, Kuwait, Oman, Turkey, Bahrain & Rest of Middle East (Iraq, Lebanon, Bahrain, Jordan)) and competitive landscape
Product Code: ETC002370 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Boom Lift Market is driven by increasing demand for constructions across the region. Moreover, the government of various Middle East countries is making huge investments in the development of infrastructure such as smart cities, airports, new towns, harbor ports, railways, metro, as well as the private sector is investing in mega construction projects which are driving the demand for boom lifts in the Middle East. Additionally, boom lifts have a wide range of applications which include aerospace, construction, road construction, urban infrastructures, port construction, mining operations, airports, railways, and maintenance of telecommunication towers which makes the demand for Boom Lift very high and drives the market growth. The Boom Lift Market in the Middle East is restrained due to the high cost of new Boom Lift, high maintenance charges, and lack of skilled workers who can operate boom lifts.
According to 6wresearch, Middle East Boom Lift Market is expected to grow during 2020-2026. The Middle East is one of the fastest-growing regions in the Boom Lift Market as the growth in construction of commercial and residential buildings in developing nations across the Middle East is driving the need for boom lifts in the region. The need for residential construction would further increase with rapid urbanization and rising disposable income. However, the boom lift market would witness a decline during the year 2020 on account of the global pandemic caused due to coronavirus, however, the market is expected to recover post-2020.
On the basis of End User, the construction industry and aerospace are the segments that would maintain their dominance in the boom lift market due to large investments in developing public transportation infrastructures such as elevated metro lines, airports, railway stations, and residential buildings.
The Middle East Boom Lift Market report comprehensively covers the market by types, power source, end-user, and countries including Saudi Arabia, Qatar, UAE, Kuwait, Oman, Turkey, Bahrain, and the Rest of the Middle East region. The Middle East Boom Lift market outlook provides an unbiased and detailed analysis of the ongoing Middle East Boom Lift 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.
The Middle East boom lift market is expected to witness substantial growth in the upcoming six years on the back of the rising potential growth of the hospitality sector. Additionally, based on the country, the UAE boom lift market is expected to gain traction in the upcoming six years owing to the increased development of tall restaurants and hotels building due to an increased tourist influx where boom lift is proven evident in performing varied activities in maintaining structures like piping and heating & cooling units by able to reach a maximum height. Further, this factor is expected to gain popularity towards the product demand and this would benefit the UAE boom lift market as a result, it is estimated to benefit the entire middle east region in the upcoming six years.
The Middle east boom lift market is projected to gain traction in the upcoming six years on the back of the rising growth of the potential sectors such as residential, construction, and retail. Further, On the basis of the product type, Articulated towers are estimated to create tremendous growth in the market owing to the rising telecommunications industry especially in Saudi Arabia due to the rising internet penetration in the emerging Industrial landscape which is leading to require boom lift to check electrical cables and is expected to boost the growth of the Middle east boom lift market in the years ahead.
Key Highlights of the Report:
Markets Covered
The Middle East Boom Lift Market report provides a detailed analysis of the following market segments:
Other Related Reports Include:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Middle East Boom Lift Market Overview |
3.1 Middle East Boom Lift Market Revenues and Volume, 2016-2026F |
3.2 Middle East Boom Lift Market Revenue Share, By Regions, 2019 & 2026F |
3.3 Middle East Boom Lift Market - Industry Life Cycle |
3.4 Middle East Boom Lift Market - Porter’s Five Forces |
4. Middle East Boom Lift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Middle East Boom Lift Market Trends |
6. Saudi Arabia Boom Lift Market Overview |
6.1 Saudi Arabia Boom Lift Market Revenues and Volume, 2016-2026F |
6.2 Saudi Arabia Boom Lift Market Revenues and Volume, By Types 2016-2026F |
6.3 Saudi Arabia Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
6.4 Saudi Arabia Boom Lift Market Revenues and Volume, By End User 2016-2026F |
7. UAE Boom Lift Market Overview |
7.1 UAE Boom Lift Market Revenues and Volume, 2016-2026F |
7.2 UAE Boom Lift Market Revenues and Volume, By Types 2016-2026F |
7.3 UAE Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
7.4 UAE Boom Lift Market Revenues and Volume, By End User 2016-2026F |
8. Qatar Boom Lift Market Overview |
8.1 Qatar Boom Lift Market Revenues and Volume, 2016-2026F |
8.2 Qatar Boom Lift Market Revenues and Volume, By Types 2016-2026F |
8.3 Qatar Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
8.4 Qatar Boom Lift Market Revenues and Volume, By End User 2016-2026F |
9. Kuwait Boom Lift Market Overview |
9.1 Kuwait Boom Lift Market Revenues and Volume, 2016-2026F |
9.2 Kuwait Boom Lift Market Revenues and Volume, By Types 2016-2026F |
9.3 Kuwait Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
9.4 Kuwait Boom Lift Market Revenues and Volume, By End User 2016-2026F |
10. Oman Boom Lift Market Overview |
10.1 Oman Boom Lift Market Revenues and Volume, 2016-2026F |
10.2 Oman Boom Lift Market Revenues and Volume, By Types 2016-2026F |
10.3 Oman Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
10.4 Oman Boom Lift Market Revenues and Volume, By End User 2016-2026F |
11. Turkey Boom Lift Market Overview |
11.1 Turkey Boom Lift Market Revenues and Volume, 2016-2026F |
11.2 Turkey Boom Lift Market Revenues and Volume, By Types 2016-2026F |
11.3 Turkey Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
11.4 Turkey Boom Lift Market Revenues and Volume, By End User 2016-2026F |
12. Bahrain Boom Lift Market Overview |
12.1 Bahrain Boom Lift Market Revenues and Volume, 2016-2026F |
12.2 Bahrain Boom Lift Market Revenues and Volume, By Types 2016-2026F |
12.3 Bahrain Boom Lift Market Revenues and Volume, By Power Source 2016-2026F |
12.4 Bahrain Boom Lift Market Revenues and Volume, By End User 2016-2026F |
13. Rest of Middle East Boom Lift Market Overview |
13.1 Rest of Middle East Boom Lift Market Revenues and Volume, 2016-2026F |
14. Middle East Boom Lift Market Competitive Landscape |
14.1 Middle East Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.1 Saudi Arabia Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.2 UAE Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.3 Qatar Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.4 Oman Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.5 Kuwait Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.6 Turkey Boom Lift Market Revenue Share, By Companies, 2019 |
14.1.7 Bahrain Boom Lift Market Revenue Share, By Companies, 2019 |
14.2 Middle East Boom Lift Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
16. Key Strategic Recommendations |
17. Disclaimer |