Report Description

Global Offshore Crane Market, By Design Type (Knuckle Boom, Telescopic Boom, Lattice Boom and Others), By Application (Oil Rig Cranes, Marine Cranes and Others), By Lifting Capacity (500-3,000mt Lifting Capacity and Above 3,000mt Lifting Capacity), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Oil and Gas

Global Offshore Crane Market is projected to reach USD 22.01 Billion by 2023, at a CAGR of over 9% during the forecast period owing to rising installation for float-over, growing demand for oil & gas and technological advancement. Moreover, growing demand for support vessels will further drive the demand for these cranes. Based on design type, the market has been categorised into Knuckle Boom, Telescopic Boom, Lattice Boom and Others. The lattice boom design for offshore crane is estimated to grow at the highest rate due to growing development of new projects of offshore wind turbines. North America region dominated the market in 2017, followed by APAC region due to increasing demand for offshore support vessels. Some of the leading players in the offshore crane market include Liebherr, Cargotec, Zoomlion among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

  • To analyse and forecast the market size of Offshore Crane Market, in terms of value.
  • To classify and forecast Global Offshore Crane Market based on design type, application, lifting capacity and regional distribution.
  • To identify drivers and challenges for Global Offshore Crane Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Offshore Crane Market.
  • To conduct the pricing analysis for Offshore Crane Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Offshore Crane Market.

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Some of the leading players in the Global Offshore Crane Market are Zoomlion, Huisman, TEREX Corporation, Kenz Figee, Palfinger, National Oilwell Varco, Manitowoc, Liebherr, Cargotec, Konecranes etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Offshore Crane Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Offshore Crane Manufacturers
  • Shipping Associations
  • Traders, Distributors, and Suppliers
  • Raw Material Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Offshore Crane Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Design Type:
    • Knuckle Boom
    • Telescopic Boom
    • Lattice Boom
    • Others
  • Market, By Application:
    • Oil Rig Cranes
    • Marine Cranes
    • Others
  • Market, By Lifting Capacity:
    • 500-3,000mt Lifting Capacity
    • Above 3,000mt Lifting Capacity
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Offshore Crane Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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