+1-888-308-5802     
News Contact Us

Offshore Crane Market to witness healthy growth over 2019 – 2025

Author : Rahul Varpe | Published Date : 2019-10-10 

Offshore Crane Market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Offshore Crane Market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Offshore Crane Market research one of its kind to offer the most in-depth, readily available data.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4103

The Asia Pacific offshore crane market is witnessing a high growth due to recent discoveries of oil & gas in offshore basins in Australia. Moreover, China and India are posing high demand due to the increased energy need in these countries. The North American region is expected to grow owing to the high adoption for offshore wind farms constructions. For instance, the American Wind Energy Association (AWEA) has implemented offshore windfarms producing 2,000 GW of energy. The systems are utilized in the installation and maintenance of these structures, further supporting the market.

In the offshore crane market, knuckle boom design type models are gaining high traction owing to their internal and external lifts functions. These machines are used in adverse weather conditions due to their stability feature. Such features provide better operability and reduce the workload on operators further leading to the growth of the market.

Additionally, these machines provide increased maneuverability, reaching inaccessible points on the vessel. These systems are designed to transfer loads at close distances and are implemented on ships and the motions create complex load handling issues. The increasing personnel safety concerns on the deck or vessel are leading to the high adoption of these machines, thus expanding the market.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/4103

The key players operating in the offshore crane market share are Terex Corporation, Liebherr Group, Konecranes PLC, Palfinger AG, National Oilwell Varco, Zoomlion, Huisman, Cargotec, and Kenz Figee. These players are focusing on strategic activities, such as merger & acquisition activities and partnerships, to gain a high revenue and an extended reach across the globe.

The offshore crane market players are highly investing in R&D to develop innovative and fuel-efficient products to strengthen the product portfolio and gain a competitive advantage. For instance, in January 2019, Liebherr announced the launch of its new knuckle boom crane series, which is characterized by a very compact design. In April 2019, Cargotec announced the construction of FiberTrac, the first fiber-rope offshore crane. This FiberTrac crane has 150 ton safe working load capacity and an advanced rope monitoring & management systems, which will maximize the rope’s lifespan.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com/

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Building Energy Management Systems (BEMS) Market to Witness an Outstanding Growth by 2025

Published Date: 2019-10-18         Author: Rahul Varpe

Building Energy Management Systems (BEMS) Market research report added by Global Market Insights delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the c... Read More

Wood Based Panel Market to Perceive Substantial Growth by the end of 2025

Published Date: 2019-10-18         Author: Rahul Varpe

Wood Based Panel Market research report added by Global Market Insights delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and g... Read More

Gardening Equipment Market value estimated to soar higher during 2019 - 2025

Published Date: 2019-10-18         Author: Rahul Varpe

Gardening Equipment Market research report added by Global Market Insights delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum an... Read More

© 2019 Fractovia. All Rights Reserved