The offshore crane market is expected to reach a market size of $216.4 billion by 2020 from an estimated value of $141.9 billion in 2015 at a CAGR of 8% over the forecast period. The increase in offshore exploration and production activities, the growth of the undersea construction vessel and offshore crane industry, and the increase in offshore spending around the world are key factors contributing to the growth of the global offshore crane market during the forecast period.
A full report of Offshore Crane Market available at https://www.orionmarketreports.com/offshore-crane-market/50099/
Offshore Crane Market Segmentations
On the basis of Application
• Oil rig crane
• Marine crane
• Other cranes (Cranes used for wind turbine installation and on FPSOs)
On the basis of Design type
• Knuckle boom
• Telescopic
• Lattice
• Others (Fixed and hybrid stiff booms)
On the basis of Lifting Capacity
• 0-500mt
• 500-3000mt
• Above 3000mt
Company Profiles
• Konecranes (Finland)
• Huisman Equipment B.V ( The Netherlands)
• Liebherr (Switzerland)
• National Oilwell Varco (U.S)
• Cargotec (Finland)
• Zoomlion (China)
• Manitowoc (U.S)
• KenzFigee (The Netherlands)
• Palfinger (Austria)
• TEREX Corporation (U.S)
• Seatrax,Inc (U.S)
• XCMG Group (China)
• American Crane and Equipment corporation (U.S)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
