Global Report on Ship Deck Cranes Market. The report will present the past market trends from 2017 and projections from 2021 to 2026 taking 2020 into account differently. The report forecast that the ship deck crane market will reach XX billion by 2026, giving the regional breakdown by country. The report looked at the market drivers and various strategies implemented by the key players to expand and retain their customer base by focusing on market leaders, market followers and new entrants. The market drivers and sales of each major player in each segment are analyzed to provide brief insights so that the user can understand the market scenario in less time. In the forecast for each year, rational forecasts are given that are intended to drive or restrict the market. The focus on each player and their unit sales by brand makes this report unique in the industry.
Global launch of marine deck cranes
Ship deck cranes are designed for the safe and effective loading and unloading of cargo on general cargo ships, container ships, bulk carriers and other transport vessels. The marine deck crane is suitable for bulk carriers, container ships and technical ships that operate on an international or national level. The marine deck crane is designed to withstand changing weather conditions. UV protection paints are being developed to protect cranes from abrasion and corrosion. Depending on the application, the required crane for the performance range is selected for operation.
Global ship deck crane market dynamics
Deck cranes have come a long way from the jury-rigged block-and-tackle affairs operated by human-powered capstans in the age of sails. Today’s deck cranes combine the latest in hydraulics, wiring and electronics to deliver strength and dexterity unmatched in the past. And they are developed, sometimes even tailor-made, to meet very specific requirements. It’s a multi-player market including MacGregor, Rapp Marine, North Pacific Crane Co. (NPCC), Palfinger Marine, and Hawboldt Industries. One of these trends is a greater focus on the risk of fire. In markets where liquefied natural gas (LNG) is becoming increasingly popular, fuel manufacturers are deploying explosion-proof motors, spark-free cables and spark-free hubs.
Ship deck crane manufacturers also offer accessories such as steel fittings, docking heads, additional winches and spotlights. Marine deck cranes are made up of special lifting tools called spreaders and have four locking points for holding the container strong. Ship deck crane offerings can be used in a variety of offshore oil and gas drilling applications, as well as research and fishing vessels. A ship deck crane with different characteristics is required for both applications. Offshore drilling cranes are used in deep sea water for oil and gas. Therefore, companies in the offshore oil and gas industry need ship deck cranes that are completely watertight and watertight, and ship deck cranes should also withstand the climatic changes during operation.
The ship deck crane plays an important role for offshore drilling purposes. For this reason, the demand for ship deck cranes is increasing. This will be the main driver of the ship deck crane market growth over the forecast period. The ship deck crane also offers a wide range of applications for offshore work. Hence, it is expected to drive the growth of the market.
Global market segment analysis for ship deck cranes
Oil companies and state gas companies around the world are investing heavily in offshore drilling projects to develop new oil and natural gas resources. In 2019, Pertamina, a Jakarta-based Indonesian state-owned oil and gas company, announced it was investing approximately $ 30 billion in the East Natuna Block (Natuna D-Alpha) project. This will stimulate the demand for advanced offshore cranes in the market and thus propel the ship deck crane market. Demand for these cranes is also increasing in the oil and gas industry for pipe maintenance and repair applications.
Global Marine Deck Cranes Market Regional Insights
The Asia Pacific (APAC) is expected to be the world leader in the ship deck crane market due to the leading transportation and shipbuilding industries in the region, particularly in China, South Korea and India. Rapid urbanization and population growth in the Asia-Pacific region have also fueled maritime transport, which is driving demand for ship deck cranes in the region. The growing population coupled with rapid urbanization in India and China creates an enormous demand for electricity. Governments in the regions are focused on developing new renewable energy sources to meet demand in the offshore crane market, which in turn is fueling the ship deck crane market.
In September 2020, KenzFigee entered into a collaboration with Orange Delta Equipment to represent its product and service portfolio in the Asia-Pacific region. This cooperation includes the presentation of the entire product and service portfolio of KenzFigee with tailor-made ship cranes and offshore equipment solutions in the Asia-Pacific region by Orange Delta Equipment in Singapore.
Latin America is growing significantly in the global ship deck crane market due to the increasing demand for offshore cranes, which in turn should drive the global ship deck crane market.
Scope of the Global Ship Deck Cranes Market: Ask Before Buying
Global Ship Deck Cranes Market By Region
• North America
• Middle East and Africa
• South America
Global Marine Deck Cranes Market Key Players
• MW Marine, Inc.
• Mitsubishi Heavy Industries, Ltd.
• Effer, Cargotec Oyj
EK Marine Ltd.
• North Pacific Crane Co. Llc
• The Liebherr Group
• The company Palfinger AG
• Hawboldt Industries Ltd.
• Appleton Marine Inc.
• Seatrax, Inc.
• DMW Marine Group
About this report
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The ship deck crane market faced several challenges in 2020 including the lockdown of Covid and the sudden drop in demand. However, demand is expected to normalize in 2021 and pick up again in 2022, which is covered in the report
Regional analysis of the market for ship deck cranes
The Ship Deck Cranes market is segmented by regions in North America, South America, Europe, the Middle East, and APAC. The APAC market has further treated the in-depth analysis of the ASEAN countries separately in the report.
The report has profiled the major market players based on their size and presence by region. Since the profile of the overall Kay gamer is limited, companies are represented by region, revenue, technology spending, expansion plans, investments received, and M&A representations.
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