Market Overview:
The global hydraulic marine cranes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic marine cranes from various end-use industries, such as construction, shipping, and ports. Additionally, the growing demand for heavy-duty equipment across different regions is also propelling the growth of this market. Based on type, below 5 T segment held a major share of the global hydraulic marine cranes market in 2017 and is projected to grow at a CAGR of 4.8% during the forecast period from 2018 to 2030. This segment is expected to dominate owing to its low cost and easy installation as compared with other types of hydraulic marine cranes available in the market.
Product Definition:
A hydraulic marine crane is a type of crane that uses pressurized fluid to power its movements. This allows it to be used on boats and ships, where electric power may not be available. Hydraulic marine cranes are important for loading and unloading cargo from boats, as well as for moving heavy objects around the boat or ship.
Below 5 T:
Below 5 T (5.1 to 4.6 T) is a weight range commonly assigned to medium-sized vessels such as tugs, barges, and other small-to-medium sized commercial ships used for general cargo transportation. The below 5T category mainly includes two types of cranes: Derricks and Tower cranes with lifting capacities from 1 to 20 tons; and hoists, winches & pulleys with lifting capacities from 0.8 to 22 tons.
5-30 T:
The global 5-30 T is a type of marine crane used for loading and unloading vessels, containers, trailers or any other cargo. It can be utilized to lift materials onshore as well as onto vessels at sea.
Application Insights:
Onshore application dominated the global market in 2017. The demand for HMCs is increasing on account of rising construction activities in urban areas. Furthermore, stringent government regulations regarding environmental protection and energy conservation are promoting the use of hydraulic marine cranes with low emissions, thereby propelling the growth.
The offshore segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to growing oil & gas production activities across various regions including Latin America, Asia Pacific and Middle East & Africa. The need for heavy machinery with high lifting capacity at deep sea locations is anticipated to boost product demand over the forecast period as these machines can be deployed up to great depths without any additional support vessels or equipment required on board them like breathing systems or diving suits etc., which further reduces deployment costs and facilitates easy movement around remote locations where large-scale projects are being implemented including pipelines, drilling platforms etc., thereby driving their adoption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing offshore projects in countries such as China, India, Japan, South Korea, Indonesia and Malaysia. For instance; In July 2018; China National Offshore Oil Corporation (CNOOC) along with Sinopec signed a production-sharing agreement with Brunei for oil exploration off the coast of Brunei Darussalam. This deal will open new opportunities for offshore activities in Southeast Asia which will drive demand over the next eight years.
North America accounted for a significant share owing to growing onshore industries coupled with rising demand from Mexico’s energy sector that includes Federal Agency Of Petroleum And Natural Gas (AMPS). Furthermore; U S Energy Department has announced plans to increase hydraulic capacity by around 25% by 2020 from 46 units currently till 2022 which is anticipated to drive regional product demand over next seven years.
Growth Factors:
- Increasing demand for hydraulic marine cranes from the shipping and port industries as they help in handling heavy cargo easily and quickly.
- Growing popularity of hydraulic marine cranes among end-users due to their high efficiency, durability, and reliability.
- Technological advancements in the design of hydraulic marine cranes that are helping to improve their performance and functionality.
- Rising investments by manufacturers in research and development activities to develop new and innovative products catering to the needs of different end-users segments. 5) Growing awareness about the benefits of using hydraulic marine cranes among buyers is aiding in expanding its market reach across different regions worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Marine Cranes Market Research Report
By Type
Below 5 T, 5-30 T, Above 30 T
By Application
On Shore, Offshore
By Companies
DMW Marine, Heila Cranes, Effer, Allied Marine Crane, EK Marine, Liebherr, PALFINGER, North Pacific Crane Company, HS.MARINE, Huisman Equipment, DMW Marine, Rapp Marine, Seatrax, SMT MARINE, Fassi, Hawboldt Industries, Appleton Marine, Cargotec
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Marine Cranes Market Report Segments:
The global Hydraulic Marine Cranes 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
On Shore, Offshore
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
- DMW Marine
- Rapp Marine
- Seatrax
- SMT MARINE
- Fassi
- Hawboldt Industries
- Appleton Marine
- Cargotec
Highlights of The Hydraulic Marine Cranes 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:
- On Shore
- Offshore
- 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 Hydraulic Marine Cranes 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?
Hydraulic marine cranes are a type of crane that use hydraulic power to move loads. They are used for a variety of tasks, including loading and unloading ships, moving cargo between vessels and platforms, and construction work.
Some of the key players operating in the hydraulic marine cranes market are DMW Marine, Heila Cranes, Effer, Allied Marine Crane, EK Marine, Liebherr, PALFINGER, North Pacific Crane Company, HS.MARINE, Huisman Equipment, DMW Marine, Rapp Marine, Seatrax, SMT MARINE, Fassi, Hawboldt Industries, Appleton Marine, Cargotec.
The hydraulic marine cranes 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 Hydraulic Marine Cranes 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 Hydraulic Marine Cranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Marine Cranes 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 Hydraulic Marine Cranes 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 Hydraulic Marine Cranes Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Marine Cranes Market Size and Y-o-Y Growth
4.5.2 Hydraulic Marine Cranes Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 Market Size Forecast by Applications
6.2.1 On Shore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Marine Cranes 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 Hydraulic Marine Cranes 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 On Shore
9.10.2 Offshore
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 On Shore
10.10.2 Offshore
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 On Shore
11.10.2 Offshore
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 On Shore
12.10.2 Offshore
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 On Shore
13.10.2 Offshore
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 Hydraulic Marine Cranes Market: Competitive Dashboard
14.2 Global Hydraulic Marine Cranes 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 DMW Marine
14.3.12 Rapp Marine
14.3.13 Seatrax
14.3.14 SMT MARINE
14.3.15 Fassi
14.3.16 Hawboldt Industries
14.3.17 Appleton Marine
14.3.18 Cargotec
