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Offshore Cranes Market to grow at a CAGR of 7.91% (2021-2026)

<br>The global offshore cranes market projected to reach grow at a CAGR of 8.17%, from US$20.184 billion in 2020 to US$31.870 billion in 2026. Offshore cranes are lifting devices, which are used to transfer materials and personnel to or from marine vessels, barges, and structures. Deep-sea oil & gas exploration and production activities have been rising for the last two years. There has also been a rise in offshore wind projects. These require lifting equipment.

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Offshore Cranes Market to grow at a CAGR of 7.91% (2021-2026)

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  1. Offshore Cranes Market Forecasts From 2021 To 2026

  2. DESCRIPTION The global offshore cranes market is evaluated at US$20.184 billion for the year 2020 growing at a CAGR of 7.91% reaching the market size of US$31.870 billion by the year 2026. An offshore crane is a pedestal-mounted lifting and rotating equipment used to transfer material or personnel from marine vessels, barges, and other structures according to the API spec 2C which is a standard used to design offshore cranes.

  3. Key Questions Answered By The Report • What will Offshore Cranes Market from 2021 to 2026? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Geography • North America • USA • Canada • Mexico • South America • Brazil • Argentina • Others

  5. Geography • Europe • Germany • United Kingdom • France • Others • Middle East and Africa • Saudi Arabia • UAE • Others

  6. Geography • Asia Pacific • China • India • Japan • South Korea • Others

  7. Segments Covered Under Global Storage • By Design type • Knuckle Boom • Telescopic Boom • Lattice Boom • Others  • By Application • Oil Rig Cranes • Marine Cranes • Others • By Lifting capacity • 0-500mt • 500-3000mt • above 3000mt

  8. COMPANY PROFILES • Liebherr-International AG • Cargotec Oyj • Terex Corporation • Konecranes, Inc. • Heila Cranes S.p.A • Huisman Equipment B.V. • Kenz Figee Group • National Oilwell Varco • PLM Cranes B.V. • Seatrax, Inc.

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