The global marine cranes market is estimated to be valued US$ 7945.2 million by 2032, up from US$ 3868.2 million in 2022, at a 7.5% CAGR over the forecast period.
Marine cranes are revolving lifting and pedestal-mounted elevating equipment used on marine boats, oil drilling platforms, navy ships, and fishing vessels to transfer goods or personnel. Rapid industrialization, particularly in emerging nations, combined with a strong emphasis on energy saving, has resulted in excellent expansion in the global maritime crane market over the projection period.
Because of its great load bearing capability and durability, hydraulic marine cranes have gained significant traction in the worldwide marine crane market in recent years. Furthermore, new offshore wind turbine projects are developing, fueling the rise of lattice boom maritime cranes in European countries such as the United Kingdom and Germany.
Flexibility, low operational cost, high safety, and low maintenance cost, on the other hand, will be key manufacturers’ core focus throughout the forecast period. The global marine crane market is predicted to expand rapidly over the next few years, with a high CAGR over the forecast period.
Request a PDF Sample Copy of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5721
Marine Cranes Market: Dynamics
Increasing oil field discoveries will fuel the need for equipment such as marine cranes and increasing merchant vessels for transporting cargo and passengers and fishing vessels may support intangible growth for the global marine crane market during the forecast period. Furthermore, robust collaboration among the private and public players are driving the global marine crane market.
Complicated design, need of trained operators and fluctuating raw material price are expected to hamper the global marine crane market during the forecast period. Furthermore, high operational risk, for instance position accuracy, suppression and collision avoidance may also hinder the global marine crane market throughout the forecast period. Moreover, curb in the production of gas and oil industries has significantly impacted the growth of this market.
New product development and technology up-gradations and governmental regimes to deteriorate regional manufacturer is gaining high traction in the global marine crane market during the forecast period.
Marine Cranes Market: Region-wise Outlook
It is expected that the Asia-Pacific is dominating in the global marine crane market owing to the high presence of shipbuilding industry and transportation particularly in South Korea, China & India. Furthermore, the rise in population and rapid urbanization that result of increasing seaborne traffic may hike the demand of the global marine crane market in this region.
Latin America is also gaining significant traction in the global marine crane market during the forecast period, increasing offshore vessels have increased the demand for offshore cranes. It is anticipated that the market performance of Latin America will be also commendable and likely to improve further in the near future.
Marine Cranes Market: Key Participants
Examples of some the key participants of the global marine cranes market are:
- TECHCRANE INTERNATIONAL, LLC.
- Anupam Industries Limited
- PALFINGER AG
- DMW Marine Group, LLC
- HS MARINE S.R.L.
- Kenz Figee Group
- HEILA Cranes S.p.a.
- Fjell Marine Service AS
- Gulf Crane Services
- NINGENMURA COMPANY
- INDUSTRIAGUERRA, S.A.
- Atlas Polar Company Limited
- Favelle Favco Group
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Customization Before Buying, Visit @
https://www.futuremarketinsights.com/customization-available/rep-gb-5721
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Key Segments of the Marine Cranes Market
By Type:
- Knuckle boom
- Telescopic boom
- Foldable boom
- Stiff boom
By Lifting Capacity:
- 2 tons–500 tons
- 501 tons–15,000 tons
- 15,001 tons–30,000 tons
By Application:
- Oil & gas platforms
- Workboats, research
- Fishing vessels
- Government & military
Feel free to Ask your Queries @
https://www.futuremarketinsights.com/ask-question/rep-gb-5721
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
- Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
- Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product Type, 2022-2032
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
