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Offshore Crane Market Global Forecast To 2020- End-User and Regional Analysis

Offshore Crane Market categorizes the global market by Application (Oil rig cranes, Marine cranes and others), by Design Type (Knuckle, Telescopic, Lattice and Others), by Lifting Capacity (0-500mt, 500-3000mt and above 3000mt) & by Region <br><br>Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=175512004 <br>

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Offshore Crane Market Global Forecast To 2020- End-User and Regional Analysis

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  1. Offshore Crane Market by Application (Oil rig cranes, Marine cranes and others), by Design Type (Knuckle, Telescopic, Lattice and Others), by Lifting Capacity (0-500mt, 500-3000mt and above 3000mt) & by Region www.MarketsandMarkets.com

  2. "Offshore Crane Market by Application (Oil rig cranes, Marine cranes and others), by Design Type (Knuckle, Telescopic, Lattice and Others), by Lifting Capacity (0-500mt, 500-3000mt and above 3000mt) & by Region - Global Forecast to 2020“ defines and segments the offshore cranes market with analysis and forecast of the global capex on offshore cranes application, design type, and lifting capacity. The offshore crane market is expected to grow from an estimated USD 14.19 Billion in 2015 to USD 21.64 Billion by 2020 at a projected CAGR of 8.8%. The market is driven by the increase in offshore spending and rising demand of oil & gas, which is met by increasing investments in emerging economies with proven oil & gas reserves. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=175512004

  3. Other cranes application is growing at the highest pace in offshore cranes market The market has been segmented into application, design type, lifting capacity, and region. By application market is sub-segmented into oil rig cranes, marine cranes, and other cranes. This segment is estimated to see high growth rate for other cranes, which are used for wind turbine installation and on FPSOs. The driving factor for others cranes market is the boost in the offshore renewable industry, which motivated companies to invest in offshore wind farms to produce more electricity. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=175512004

  4. Increasing preference for knuckle boom design type offshore crane On the basis of design type, knuckle boom, telescopic, lattice, and others (fixed and hybrid stiff boom) sub segmentation has been made. Knuckle boom is estimated to lead the market, whereas lattice boom is estimated to have the highest growth. Asia-Pacific and the Americas are expected to drive this sub-segment due to discovery of oil & gas reserves in deep water sedimentary basins and increase in offshore rig count in the U.S., China, Malaysia, Australia, and others. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=175512004

  5. Asia-Pacific is estimated to be the global leader in offshore crane market by value for the next five years. Recent discoveries of oil & gas in the offshore basin in Australia, Gulf of Thailand, and South China Sea and high demand from China and India are expected to drive the offshore drilling market. Asia-Pacific is among the largest consumers of oil & gas following North America. This demand will lead to more exploration and production in the region. However, Africa is predicted to attract more investments due to liberal regulatory policies and will witness the highest growth. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the offshore crane market such as Cargotec (Finland), Liebherr (Switzerland), Terex Corporation (France), and Konecranes (France) among others. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=175512004

  6. Contact:Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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