Market Overview:
The global hoisting ship market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hoisting ships in various applications such as oil and gas platforms, workboats, fishing vessels, and others. In terms of type, the below 5 T segment is expected to dominate the global market during the forecast period owing to its low cost and easy installation. However, with technological advancements in this segment, it is anticipated that there will be a surge in demand for high-capacity hoisting ships over 30 T in coming years.
Product Definition:
Hoisting Ship is the process of raising a ship or other large object such as a bridge, onto a prepared foundation or support structure. The term also refers to the act of transporting the object by air, sea, or land.
Below 5 T:
Below 5 T is the lowest weight a person can lift, which is generally achieved by using lighter components such as aluminum. The below 5 t category has been growing in recent years owing to increased consumer demand for lightweight and small-sized equipment that aids in reducing fuel consumption and carbon emissions.
The growth of this segment can be attributed to several factors including increasing awareness regarding energy conservation, rising health consciousness among consumers along with technological advancements pertaining to component manufacturing & design.
5-30 T:
5-30 T is a lifting system that provides the capability to lift up to 30 tons of weight. It is used in industries such as automotive, construction, mining and others. 5-30 T lifting systems are equipped with hydraulic rams or mechanical arms which can be lowered or elevated from the boom using a remote control device. The boom can be moved in all directions including vertical position as well using the controls provided on the remote control device.
Application Insights:
The oil and gas platforms segment accounted for the largest market share in 2017. The application of hoisting ships is becoming popular as it helps in reducing energy expenditure, operating cost and time for loading/unloading by automating operations. Platforms above 5,000 T are usually equipped with a mobile offshore drilling unit (MODU) that uses the hoisting system to connect to the wellhead platform supply pipeline.
The workboats segment is expected to grow at a significant rate over the forecast period owing to their ability to carry out multiple tasks such as lifting heavy loads onshore or offshore, providing versatility in applications along with low operational cost and time.
Regional Analysis:
Asia Pacific held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, particularly in China and India. Growing demand for oil & gas from emerging economies, such as China and India, is anticipated to drive industry expansion over the next eight years.
The increasing number of offshore projects along with growing energy needs from developing countries such as Indonesia, Vietnam, Philippines etc., are expected to further propel industry growth across this region during the forecast period. In addition, factors such as favorable government policies aimed at promoting domestic manufacturing activities coupled with rising awareness regarding safety standards are likely to contribute toward increased product demand across this region during the same period.
Europe was valued at USD X million in 2016 owing to high workboat production levels observed across European countries including Germany (downstream industries) and Spain ( upstream industries).
Growth Factors:
- Increasing demand for lifting and moving heavy objects in various industries
- Growing popularity of cranes and hoists as a safer alternative to manual labor
- Advances in technology that have led to the development of more efficient and powerful hoisting equipment
- The increasing use of automation in manufacturing and other industrial processes
- The growing demand for transportation services that can move large, heavy objects quickly and safely
Scope Of The Report
Report Attributes
Report Details
Report Title
Hoisting Ship Market Research Report
By Type
Below 5 T, 5-30 T, Above 30 T
By Application
Oil and Gas Platforms, Workboats, Fishing Vessels, Others
By Companies
DMW Marine, Heila Cranes, Effer, Allied Marine Crane, EK Marine, Liebherr, PALFINGER, North Pacific Crane Company, HS.MARINE, Huisman Equipment, James Fisher and Sons, Rapp Marine, Seatrax, SMT MARINE, Fassi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Hoisting Ship Market Report Segments:
The global Hoisting Ship market is segmented on the basis of:
Types
Below 5 T, 5-30 T, Above 30 T
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas Platforms, Workboats, Fishing Vessels, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DMW Marine
- Heila Cranes
- Effer
- Allied Marine Crane
- EK Marine
- Liebherr
- PALFINGER
- North Pacific Crane Company
- HS.MARINE
- Huisman Equipment
- James Fisher and Sons
- Rapp Marine
- Seatrax
- SMT MARINE
- Fassi
Highlights of The Hoisting Ship Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 5 T
- 5-30 T
- Above 30 T
- By Application:
- Oil and Gas Platforms
- Workboats
- Fishing Vessels
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hoisting Ship Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hoisting Ship is a term used to describe the process of raising and lowering a ship by means of ropes and pulleys.
Some of the major players in the hoisting ship market are DMW Marine, Heila Cranes, Effer, Allied Marine Crane, EK Marine, Liebherr, PALFINGER, North Pacific Crane Company, HS.MARINE, Huisman Equipment, James Fisher and Sons, Rapp Marine, Seatrax, SMT MARINE, Fassi.
The hoisting ship market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hoisting Ship Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hoisting Ship Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hoisting Ship Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hoisting Ship Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hoisting Ship Market Size & Forecast, 2018-2028
4.5.1 Hoisting Ship Market Size and Y-o-Y Growth
4.5.2 Hoisting Ship Market Absolute $ Opportunity
Chapter 5 Global Hoisting Ship Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hoisting Ship Market Size Forecast by Type
5.2.1 Below 5 T
5.2.2 5-30 T
5.2.3 Above 30 T
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hoisting Ship Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hoisting Ship Market Size Forecast by Applications
6.2.1 Oil and Gas Platforms
6.2.2 Workboats
6.2.3 Fishing Vessels
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hoisting Ship Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hoisting Ship Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hoisting Ship Analysis and Forecast
9.1 Introduction
9.2 North America Hoisting Ship Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hoisting Ship Market Size Forecast by Type
9.6.1 Below 5 T
9.6.2 5-30 T
9.6.3 Above 30 T
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hoisting Ship Market Size Forecast by Applications
9.10.1 Oil and Gas Platforms
9.10.2 Workboats
9.10.3 Fishing Vessels
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hoisting Ship Analysis and Forecast
10.1 Introduction
10.2 Europe Hoisting Ship Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hoisting Ship Market Size Forecast by Type
10.6.1 Below 5 T
10.6.2 5-30 T
10.6.3 Above 30 T
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hoisting Ship Market Size Forecast by Applications
10.10.1 Oil and Gas Platforms
10.10.2 Workboats
10.10.3 Fishing Vessels
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hoisting Ship Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hoisting Ship Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hoisting Ship Market Size Forecast by Type
11.6.1 Below 5 T
11.6.2 5-30 T
11.6.3 Above 30 T
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hoisting Ship Market Size Forecast by Applications
11.10.1 Oil and Gas Platforms
11.10.2 Workboats
11.10.3 Fishing Vessels
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hoisting Ship Analysis and Forecast
12.1 Introduction
12.2 Latin America Hoisting Ship Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hoisting Ship Market Size Forecast by Type
12.6.1 Below 5 T
12.6.2 5-30 T
12.6.3 Above 30 T
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hoisting Ship Market Size Forecast by Applications
12.10.1 Oil and Gas Platforms
12.10.2 Workboats
12.10.3 Fishing Vessels
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hoisting Ship Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hoisting Ship Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hoisting Ship Market Size Forecast by Type
13.6.1 Below 5 T
13.6.2 5-30 T
13.6.3 Above 30 T
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hoisting Ship Market Size Forecast by Applications
13.10.1 Oil and Gas Platforms
13.10.2 Workboats
13.10.3 Fishing Vessels
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hoisting Ship Market: Competitive Dashboard
14.2 Global Hoisting Ship Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DMW Marine
14.3.2 Heila Cranes
14.3.3 Effer
14.3.4 Allied Marine Crane
14.3.5 EK Marine
14.3.6 Liebherr
14.3.7 PALFINGER
14.3.8 North Pacific Crane Company
14.3.9 HS.MARINE
14.3.10 Huisman Equipment
14.3.11 James Fisher and Sons
14.3.12 Rapp Marine
14.3.13 Seatrax
14.3.14 SMT MARINE
14.3.15 Fassi
