Middle East Industrial Vehicles Market (2020-2026)

Market Forecast by Drive Type (battery-owned, gas-powered and internal combustion engine), by Application (industrial and cargo), by Product Type (aisle truck, tow tractor, container handler and forklift), By Countries (Qatar, Saudi Arabia, Bahrain, UAE and Rest of Middle East) and Competitive Landscape

Product Code: ETC054820 Publication Date: Apr 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Middle East Industrial Vehicles Market is expected to witness growth over the coming years. The Industrial vehicle market has been experiencing a solid growth rate over recent times in Middle East region and is expected to achieve a lot in the forecasted period. Middle East region is taking an effort to reduce its dependence on the petroleum sector. Further, ongoing initiatives to diversify the economic footprint are taken by Middle East regions that live well with a largely petroleum-dependent industry. Furthermore, such initiatives also have favourable implications for the industrial vehicles market, as new economic sectors require different logistical services. Growing the number of vast warehouses set up by e-commerce firms fuels the demand for industrial vehicles largely. However, the Covid-19 pandemic has affected the industrial vehicles market due to the shutting of businesses, flights, production.

According to 6Wresearch, the Middle East Industrial Vehicles Market size is anticipated to register growth during 2020-26. The manufacturing and e-commerce market boom have largely accounted for the growth of the industrial vehicles market in Middle East region. Saudi Arabia, UAE, Egypt and other key countries are major contributors in Middle East to the industrial vehicles market. Further, Saudi Arabia, UAE and Egypt have an e-commerce warehouse that requires industrial vehicles to stack vast quantities of items and deliver the packed goods from the warehouse to the end-user cost-effectively and reliably. The growing construction sector in UAE has increased the demand for industrial vehicles, as they aid in material handling processes Furthermore, developing countries of this region are shifting towards using battery-operated industrial vehicles for controlling the carbon-dioxide emissions. Additional, government initiatives towards digitalization and industrialization have helped in the growth of the industrial vehicles market.

Based on product type, the market in Middle East is bifurcated into aisle trucks, forklifts, container handlers, and tow tractors. The container handlers segment is dominating the market due to large material handling, high reliability. Based on the drive type, the ICE segment holds the largest share in the global industrial vehicles market due to better acceleration, lift speeds and lower maintenance costs.

Middle East Industrial Vehicles Market report thoroughly covers the market by product type, drive type, application and countries including Saudi Arabia, UAE, Qatar, Bahrain and the rest of Middle East. Middle East industrial vehicles market outlook 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.

Key Highlights

  • Middle East Industrial Vehicles Market Outlook
  • Middle East Industrial Vehicles Market Overview
  • Middle East Industrial Vehicles Market Forecast
  • Historical Data for the period 2016-2019 and Market Forecast of Middle East Industrial Vehicles Market Revenues until 2026
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Drive Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar and Middle East Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for UAE Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Middle East Industrial Vehicles Market
  • Market Drivers and Restraints
  • Middle East Industrial Vehicles Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Middle East Industrial Vehicles Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

  • By Drive Type:
    • Internal Combustion Engine
    • Battery-operated
    • Gas-powered
  • By Application:
    • Industrial
    • Cargo
  • By Product Type:
    • Forklift
    • Tow Truck
    • Aisle Truck
    • Container Handler
  • By Countries:
    • Qatar
    • Bahrain
    • UAE
    • Saudi Arabia
    • Rest of Middle East

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. Middle East and Africa Industrial Vehicles Overview

3.1. Middle East and Africa Industrial Vehicles Revenues, 2019 & 2026F

3.2. Middle East and Africa Industrial Vehicles - Industry Life Cycle

3.3. Middle East and Africa Industrial Vehicles - Porter's Five Forces

3.4. Middle East and Africa Industrial Vehicles Revenue Share, By Drive Type, 2019 & 2026F

3.5. Middle East and Africa Industrial Vehicles Revenue Share, By Product Type, 2019 & 2026F

3.6. Middle East and Africa Industrial Vehicles Revenue Share, By Application, 2019 & 2026F

3.7. Middle East and Africa Industrial Vehicles Revenue Share, By Countries, 2019 & 2026F

4. Middle East and Africa Industrial Vehicles Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Middle East and Africa Industrial Vehicles Trends

6. Middle East and Africa Industrial Vehicles, By Drive Type

6.1. Middle East and Africa Industrial Vehicles, By Drive Type

6.1.1. Overview and Analysis

6.1.2. Middle East and Africa Industrial Vehicles Revenues, By Internal Combustion Engine, 2016 - 2026F

6.1.3. Middle East and Africa Industrial Vehicles Revenues, By Battery-operated, 2016 - 2026F

6.1.4. Middle East and Africa Industrial Vehicles Revenues, By Gas-powered, 2016 - 2026F

7. Middle East and Africa Industrial Vehicles, By Product Type

7.1. Middle East and Africa Industrial Vehicles, By Product Type

7.1.1. Overview and Analysis

7.1.2. Middle East and Africa Industrial Vehicles Revenues, By Forklift, 2016 - 2026F

7.1.3. Middle East and Africa Industrial Vehicles Revenues, By Aisle Truck, 2016 - 2026F

7.1.4. Middle East and Africa Industrial Vehicles Revenues, By Tow Tractor, 2016 - 2026F

7.1.5. Middle East and Africa Industrial Vehicles Revenues, By Container Handler, 2016 - 2026F

8. Middle East and Africa Industrial Vehicles, By Application

8.1. Middle East and Africa Industrial Vehicles, By Application

8.1.1. Overview and Analysis

8.1.2. Middle East and Africa Industrial Vehicles Revenues, By Industrial, 2016 - 2026F

8.1.3. Middle East and Africa Industrial Vehicles Revenues, By Cargo, 2016 - 2026F

10. Saudi Arabia Industrial Vehicles

10.1. Saudi Arabia Industrial Vehicles, By Drive Type

10.2. Saudi Arabia Industrial Vehicles, By Product Type

10.3. Saudi Arabia Industrial Vehicles, By Application

10.4. Saudi Arabia Industrial Vehicles, By Regions

11. UAE Industrial Vehicles

11.1. UAE Industrial Vehicles, By Drive Type

11.2. UAE Industrial Vehicles, By Product Type

11.3. UAE Industrial Vehicles, By Application

11.4. UAE Industrial Vehicles, By Regions

12. Qatar Industrial Vehicles

12.1. Qatar Industrial Vehicles, By Drive Type

12.2. Qatar Industrial Vehicles, By Product Type

12.3. Qatar Industrial Vehicles, By Application

12.4. Qatar Industrial Vehicles, By Regions

13. Bahrain Industrial Vehicles

13.1. Bahrain Industrial Vehicles, By Drive Type

13.2. Bahrain Industrial Vehicles, By Product Type

13.3. Bahrain Industrial Vehicles, By Application

13.4. Bahrain Industrial Vehicles, By Regions

14. Middle East and Africa Industrial Vehicles Key Performance Indicators

15. Middle East and Africa Industrial Vehicles - Opportunity Assessment

15.1. Middle East and Africa Industrial Vehicles Opportunity Assessment, By Drive Type, 2019 & 2026F

15.2. Middle East and Africa Industrial Vehicles Opportunity Assessment, By Product Type, 2019 & 2026F

16. Middle East and Africa Industrial Vehicles - Competitive Landscape

16.1. Middle East and Africa Industrial Vehicles Revenue Share, By Companies, 2019

16.2. Middle East and Africa Industrial Vehicles Competitive Benchmarking, By Operating and Technical Parameters

17. Company Profiles

18. Recommendations

19. Disclaimer

North America Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (United States, Canada) And Competitive Landscape

Latin America Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (Mexico, Chile, Brazil, Argentina And Rest Of Latin America) And Competitive Landscape

Europe Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (United Kingdom, Germany, Italy, France And Rest Of Europe) And Competitive Landscape

Asia Pacific (APAC) Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (India, South Korea, China, Japan And Rest Of Asia Pacific) And Competitive Landscape

Africa Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (South Africa, Ghana, Kenya, Nigeria And Rest Of Africa) And Competitive Landscape

Global Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Regions (Middle East, Europe, Africa, Asia Pacific, North America And Latin America) And Competitive Landscape

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