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Offshore Crane Market Future Outlook to 2023 - Cargotec , Konecranes , Liebherr , Manitowoc , TEREX Corporation , Huisman , Kenz Figee , National Oilwell Varco , Palfinger , Zoomlion

10-19-2018 12:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research for Markets

The Offshore Crane market size will grow from USD 16.94 Billion in 2017 to USD 28.10 Billion by 2023, at an estimated CAGR of 8.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

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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Points Covered in The Report:
· The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

· The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.

· The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.

· Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.

· 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.

Key Reasons to Purchase
· To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

· Assess the production processes, major issues, and solutions to mitigate the development risk.

· To understand the most affecting driving and restraining forces in the market and its impact in the global market.

· Learn about the market strategies that are being adopted by leading respective organizations.

· To understand the future outlook and prospects for the market.

· Besides the standard structure reports, we also provide custom research according to specific requirements.

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Contact Info:
Name: Research For Markets
Email: alan.naidu@researchformarkets.com
Phone: +44 8000-4182-37

Research For Markets indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East And Africa.

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