Offshore Crane Market Future Outlook to 2023 - Cargotec , Konecranes , Liebherr , Manitowoc , TEREX Corporation , Huisman , Kenz Figee , National Oilwell Varco , Palfinger , Zoomlion
The worldwide growing offshore E&P activities will increase the demand for oil rigs. With increase in oil rigs, the market for rig construction equipment and construction vessels will also increase. This in turn, will propel the market for cranes on oil rig. These factors expected to drive the growth of the offshore crane market.Increasing oil discoveries in emerging economies such as Asia and Africa are major drivers for this market. The growth in emerging economies is attributed to increasing capital expenditures in the countries such as China, India, Nigeria, Angola, Ghana, and Equatorial Guinea. Kenya, Tanzania, and Mozambique also provide exciting market opportunities for oil operators in the near future. Increasing deep water drilling activities all around the globe is another major driver for the offshore crane market.
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Segments of Global Market:
· By Market Players: Cargotec , Konecranes , Liebherr , Manitowoc , TEREX Corporation , Huisman , Kenz Figee , National Oilwell Varco , Palfinger , Zoomlion
· By Application: Oil Rig Cranes , Marine Cranes , Others Cranes
· By Lifting Capacity: 0-500mt, 500-3,000mt, Above 3,000mt
· By Design Type: Knuckle, Telescopic, Lattice, Others
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· The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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