The construction sector is expanding rapidly across the globe. There are various developments observed in the energy sector and the burgeoning infrastructure developments are further accelerating the demand for rough terrain cranes globally. The Middle East and Africa region have reflected similar opportunities for the rough terrain cranes market. Companies operating in the rough terrain cranes market are extending their business offerings to the lucrative nations. The burgeoning orders, increasing rental services of rough terrain cranes, and the expansion of the production landscape are some of the key developments witnessed in the MEA rough terrain cranes market.
Commercial Facilities in UAE to Commission Novel Rough Terrain Cranes
The increasing trading activities, a boost in the construction sector, infrastructure expansion, and other related activities witnessed in the United Arab Emirates are translating into increased opportunities for the providers of rough terrain cranes. Trading ports and construction sites are commissioning rough terrain cranes for the purpose of carrying out respective activities. The novel all -terrain crane designed by Terex Corporation—Demag AC 100-4L all-terrain crane was commissioned by the Sharjah Seaports Authority from the UAE. The order was completed by Terex Corporation’s authorized distributor Al-Bahar who distributes large machines across the entire Middle East.
Providers to Capture Profitability with Increasing Demand Created by Crane Rental Companies
MEA region is offering noteworthy prospects for the rough terrain cranes market players with an increasing number of orders received for supplying rough terrain cranes. Apart from the UAE, Saudi Arabia and Kuwait are also reflecting promising scope for rough terrain cranes business. Crane rental companies are creating major demand for rough terrain cranes to cater to the requirements of customers in the MEA region.
Arabian Consolidated Trading (ACT Crane & Heavy Equipment), a crane rental company in Saudi Arabia is expanding its crane fleet. In an attempt to do so, the company recently ordered Demag AC 160-5, four Terex RT 90 rough terrain cranes, and two AC 300-6 all-terrain cranes. Kuwait-based Jassim Transport & Stevedoring Co KSCC (JTC) also ordered the six new Demag all-terrain cranes.
Another crane rental company based in UAE, Al Faris has also showcased major demand for rough terrain cranes. The company is claimed to be the first to introduce the new LRT rough terrain cranes designed by Liebherr. These rough terrain cranes are designed to provide maximum safety, off-road capability, and flexibility. The company has taken efforts towards manufacturing rough terrain cranes on the backdrop of the robust demand in the Middle East region.
Production Capabilities Broadened in MEA on the Backdrop of Growing Demand
With the growing consumer base in MEA, companies operating in the other regions are expanding their production capacities in regions supplying and shipping to lucrative areas for addressing the customer needs.
Manitowoc Cranes is one such company who has been producing rough terrain cranes in the USA. The company recently produced the rough terrain crane—Grove GRT8100 at its manufacturing line in Niella Tanaro, Italy. With this production, the company aims to meet the requirement of its customers in Europe, Asia-Pacific, Africa, and the Middle East. The company supplied the first GRT8100 manufactured in Italy to the Middle Eastern customers in June 2018.
Another expansion was witnessed in the African region. An equipment rental company, Alistair Group recently expanded its fleet of rough terrain cranes and other units to the North Mozambique in the East Africa region. The company further plans to expand its offerings in the other areas of East and South Africa over the forthcoming months.
With a plethora of promising opportunities in the Middle East and Africa region, companies are enjoying great profits. Key developments made by prominent rough terrain cranes market players reflect their efforts towards strengthening their presence in the region. Click here to know more.