According to Publisher, the Global Offshore Crane market is accounted for $13.25 billion in 2015 and is expected to reach $25.79 billion by 2022 growing at a CAGR of 9.9% during the forecast period. Increasing demand for oil & gas and technological advancements are the key factors fueling the market growth. High environmental risk is hindering the market. Rising installation for float-over and lift processes is one of the major trends that can be seen in the Offshore Crane. Knuckle boom is anticipated to command the market, however lattice boom is poised to register the highest growth. North America is the leading market followed by Asia Pacific region. The detection of new oilfields in the basins of Brazil is estimated to fuel the demand for offshore support vessels in South America. Growing demand for support vessels will further impel the demand for these cranes in these regions.
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Some of the key players in the market include Manitowoc, Terex Corporation, Konecranes, Cargotec, Zoomlion, National Oilwell Varco, KENZ-FIGEE, Huisman, Palfinger and Liebherr.
Lifting Capacity Covered:
-Oil Rig Cranes
-Other Crane Applications
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Design Type Covered:
-Other Boom Design Type
-Hybrid Stiff Booms
-Rest of Europe
-Rest of Asia Pacific
-Rest of the World
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Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Offshore Crane Market, By Lifting Capacity
6 Global Offshore Crane Market, By Application
7 Global Offshore Crane Market, By Design Type
8 Global Offshore Crane Market, By Geography
9 Key Developments
10 Company Profiling
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