Global Offshore Crane
Market Report
2025
The global offshore crane market size is USD 2 billion in 2024. The offshore crane market will show strongest growth with a compound annual growth rate (CAGR) of 4% from 2024 to 2031. Technological development is responsible for this evolution.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global offshore crane market size is USD 2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 |
Middle East Market Size | 121212 | 121212 | 121212 | 121212 |
Africa Market Size | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Lifting Capacity |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Offshore Crane industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Offshore Crane Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Offshore crane describes an elevated apparatus that is pedestal-mounted and used to move people and supplies between maritime vessels, boats, and buildings. The primary uses of offshore cranes include manufacturing, the drilling process, shipping activities, and large amounts of lifting. A notable development in the offshore crane industry is applying state-of-the-art technology to enhance operating efficiency as well as security. Offshore cranes are being equipped with machine learning, internet procedures, and continuous tracking devices to minimize operator involvement in risky situations and improve crane reliability. The necessity for sophisticated elevating capabilities and the growth of the offshore fossil fuel sectors are driving the worldwide offshore crane industry. The industry is seeing advances driven by modern innovations and the shift to sustainable energy resources.
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In June 2024, PALFINGER has expanded its operations in Perth, Western Australia. By making this calculated tactical step, the business is fortifying its location in order to continually fulfill its pledge of providing the marine industry's highest level of client satisfaction and outstanding service. It has several longtime suppliers for nautical services in Brisbane and Auckland, and it is the initial authorized PALFINGER facility in the Australian and New Zealand regions. (Source: https://www.palfinger.ag/en/news/palfinger-opens-its-first-site-in-australia-for-maximum-customer-focus_nag_1030541
Top Companies Market Share in Offshore Crane Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America emerged as the dominant region in the offshore crane market due to the area's increasing requirement for clean energy possibilities. Simultaneously, the expansion of offshore crane businesses has been facilitated by federal initiatives designed to incorporate offshore wind and other renewable energy sources into the balance of electricity sources. This combination of variables emphasizes how important the area of North America has been in propelling the offshore crane market's growth.
Asia-Pacific stands out as the fastest-growing region in the offshore crane market due to the rising need for fossil fuels, natural gas, and aquatic alternative energy sources. This area needs sophisticated infrastructure improvements due to its growing energy consumption and the changing electricity supply scenario. Advanced offshore crane technologies are also in high demand due to this area's strong emphasis on marine projects like underwater mineral extraction and offshore windmills.
The current report Scope analyzes Offshore Crane Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Offshore Crane Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Offshore Crane Industry growth. Offshore Crane market has been segmented with the help of its Type, Lifting Capacity Application, and others. Offshore Crane market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, knuckle boom crane is the dominant category. Businesses are choosing safer and more dependable ship cranes because of the construction of emerging maritime facilities. Knuckle boom cranes provide improved mobility in tight locations, robust functioning and security, and adaptability to suit changing customer expectations. Organizations are prioritizing the choice of safe and effective crane systems for commercial vessels and the workforce on board due to increasing consumer curiosity about these sophisticated cranes.
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This report provides a comprehensive forecast of revenue growth for the Offshore Crane industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Lifting Capacity segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Lifting Capacity segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Lifting Capacity of Offshore Crane are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Offshore Crane Market is witnessing significant growth in the near future.
In 2023, the Knuckle Boom Crane segment accounted for noticeable share of global Offshore Crane Market and is projected to experience significant growth in the near future.
The 0 – 500 mt segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Palfinger AG , MacGregor and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Knuckle Boom Crane, Lattice Boom Crane, Telescopic Boom Crane |
Lifting Capacity | 0 – 500 mt, 500 – 2, 000 mt, Above 2, 000 mt |
Application | Oil & Gas, Marine, Renewable Energy |
List of Competitors | Palfinger AG, Liebherr, MacGregor, Konecranes PLC, , Huisman Equipment, , Kenz Figee, Heila Group |
This chapter will help you gain GLOBAL Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review Global Offshore Crane Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review North America Offshore Crane Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review Europe Offshore Crane Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review Asia Pacific Offshore Crane Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review South America Offshore Crane Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review Middle East Offshore Crane Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Offshore Crane. Further deep in this chapter, you will be able to review Middle East Offshore Crane Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Offshore Crane. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Lifting Capacity Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Offshore Crane market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Knuckle Boom Crane have a significant impact on Offshore Crane market? |
What are the key factors affecting the Knuckle Boom Crane and Lattice Boom Crane of Offshore Crane Market? |
What is the CAGR/Growth Rate of 0 – 500 mt during the forecast period? |
By type, which segment accounted for largest share of the global Offshore Crane Market? |
Which region is expected to dominate the global Offshore Crane Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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