Offshore Crane Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global offshore crane market is growing significantly at a CAGR of around 8.0% during the forecast period. Offshore crane is a pedestal mounted elevating and rotating lifting device that is utilized to transfer materials from one vessel to another. Offshore crane is utilized in the production and drilling operation, heavy-lift and shipboard applications. The global offshore Crane market is significantly growing attributed to prominent trends that the market is witnessing such as increasing the installation of float over and lift processes and increasing the offshore renewable industry. Offshore crane industry is anticipated to grow mainly owing to its increasing application in the oil & gas industry for a heavy-duty operation that includes assembly of oil rigs and construction of wind parks. The growing demand for these machines is increasing owing to large precision and safety measures integrated into offshore models.

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The global offshore crane market is further segmented based on geography including North America, Europe, Asia-Pacific and Rest of the World.Across the globe, the demand for offshore crane market is anticipated increasing at a healthy pace owing to growing oil rig and marine operation.  North America & Latin America are anticipated to grow at a significant pace due to large adoption for offshore wind farm construction. For instance, AWEA (America Wind Energy Association) has introduced offshore wind farms that produce 2000 GW of energy and it is utilized in the maintenance of these structures has considerably supported the growth of the offshore crane market during the forecast period.

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  • Market Coverage

  • Market number available for – 2024-2031

  • Base year- 2024

  • Forecast period- 2024-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Market Segmentation

Global Offshore Crane Market by Application

  • Oil Rig Crane

  • Marine Crane

  • Other Cranes


Global Offshore Crane Market by End-User

  • Oil & Gas

  • Marine

  • Renewable Energy

  • Other


Global Offshore Crane Market by Design Type

  • Knuckle Boom

  • Telescopic

  • Lattice

  • Other


Regional Analysis

  • North America

  • US

  • copyright

  • Europe

  • UK

  • Germany

  • Italy

  • Spain

  • France

  • Rest of Europe

  • Asia-Pacific

  • China

  • India

  • Japan

  • Rest of Asia-Pacific

  • Rest of the World


Company Profiles

  • Appleton Marine, Inc.

  • Cargotec Corp.

  • DMW Marine Group

  • EBI Cranes, LLC

  • Gulf Crane Services, Inc.

  • HEILA Cranes S.P.A.

  • HuismanEquipment B.V.

  • KenzFigee Group

  • Konecranes PLC

  • Liebherr Group

  • ManitowocCompany, Inc.

  • National Oilwell Varco

  • North Pacific Crane, Co.

  • Oceaneering International, Inc.

  • Palfinger AG

  • PLM Cranes B.V.

  • Seatrax, Inc.

  • Sormec

  • Sparrows Offshore Group Ltd.

  • Zoomlion Heavy Industry Science & Technology Co., Ltd.


The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global offshore crane market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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