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Global Marine Crane Market 2017-2021

Global Marine Crane Market 2017-2021

About Marine Crane

Marine cranes are defined as the pedestal-mounted elevating and rotating lifting machinery used to transport materials or personnel to and from the marine vessels.

Technavio’s analysts forecast the global marine crane market to grow at a CAGR of 4.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine crane market for 2017-2021. To calculate the market size, the report considers only knuckle boom cranes, telescopic cranes, and lattice boom cranes.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Marine Crane Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DMW Marine Group
  • EFFER
  • HEILA Cranes
  • LIEBHERR
  • PALFINGER
Other prominent vendors
  • Allied Marine Crane
  • Appleton Marine
  • Cargotec
  • COPMA
  • EK Marine
  • Fassi
  • Hawboldt Industries
  • HS.MARINE
  • Huisman Equipment
  • James Fisher and Sons
  • Konecranes
  • Marine Equipments Pellegrini
  • MELCAL
  • Motus
  • North Pacific Crane Company
  • Rapp Marine
  • Seatrax
  • SMT MARINE
  • Sormec
  • TECHCRANE INTERNATIONAL
Market driver
  • Rise in seaborne trade
  • For a full, detailed list, view our report
Market challenge
  • Higher lead time for marine cranes
  • For a full, detailed list, view our report
Market trend
  • Product innovations
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Marine Crane Market 2017-2021

Technavio recognizes the following companies as the key players in the global marine crane market: DMW Marine Group, EFFER, HEILA Cranes, LIEBHERR, and PALFINGER.

Other Prominent Vendors in the market are: Allied Marine Crane, Appleton Marine, Cargotec, COPMA, EK Marine, Fassi, Hawboldt Industries, HS.MARINE, Huisman Equipment, James Fisher and Sons, Konecranes, Marine Equipments Pellegrini, MELCAL, Motus, North Pacific Crane Company, Rapp Marine, Seatrax, SMT MARINE, Sormec, and TECHCRANE INTERNATIONAL.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is product innovations. The cranes used in marine operations have a challenging task, which includes several problems, such as position accuracy, suppression, load sway, collision avoidance, and others. With the advancement in technology, increased safety is also promoted by vendors through innovative engineering design and training of operators on simulators. The product innovation includes methods to increase the efficiency, flexibility, and operational safety.”

According to the report, one of the major drivers for this market is rise in seaborne trade. The international shipping industry is accountable for more than two-thirds of the world trade. The shipping industry plays a crucial role in the import and export of commodities or goods. The trade via sea is expanding rapidly providing competitive freight rates to the global consumers. Increasing seaborne trade with the rising efficiency of the ports and growing economic liberalization will continue to provide prospects to the global marine crane industry.

Further, the report states that one of the major factors hindering the growth of this market is higher lead time for marine cranes. The global marine crane market faces a vital threat in the form of higher lead time, which the customers face at the moment of requirement. In the US, Seattle is emerging as the crane market of the country, yet again. With the recent discovery of oil reserves in the Permian basin of Texas likely to generate for the huge demand for the cranes in the coming times. However, the marine crane market is directly related to the industry with the higher lead time. The marine cranes have various stages of its manufacturing process, which includes two most significant steps — making steel components and assembling cranes.

Companies Mentioned

DMW Marine Group, EFFER, HEILA Cranes, LIEBHERR, PALFINGER, Allied Marine Crane, Appleton Marine, Cargotec, COPMA, EK Marine, Fassi, Hawboldt Industries, HS.MARINE, Huisman Equipment, James Fisher and Sons, Konecranes, Marine Equipments Pellegrini, MELCAL, Motus, North Pacific Crane Company, Rapp Marine, Seatrax, SMT MARINE, Sormec, and TECHCRANE INTERNATIONAL.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Different types of marine wind sensors
    • Product life cycle
      • Table Product life cycle of marine wind sensors
  • Market landscape
    • Market overview
      • Table Overview of global marine wind sensor market
    • Market size and forecast
      • Table Global marine wind sensor market 2016-2021 (units in thousands)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global marine wind sensor market by application
      • Table Global marine wind sensor market by application 2016 (% share)
      • Table Global marine wind sensor market by application 2021 (% share)
    • Global marine wind sensor market by powerboats
      • Table Global marine wind sensors market by powerboats: Segmentation by engine type 2016 (% share)
      • Table Global marine wind sensor market by powerboats 2016-2021 (units in thousands)
      • Table Global marine wind sensor market by powerboats equipped with inboard engines: Segmentation by region 2016-2021 (units in thousands)
      • Table Global marine wind sensor market by powerboats equipped with outboard engines: Segmentation by region 2016-2021 (units in thousands)
    • Global marine wind sensor market by yachts
      • Table Global marine wind sensor market by yachts 2016-2021 (units in thousands)
      • Table Global marine wind sensor market by yacht: Segmentation by region 2016-2021 (units in thousands)
  • Geographical segmentation
    • Global marine wind sensor market by geography
      • Table Global marine wind sensor market by geography 2016 and 2021
    • Global marine wind sensor market in US
      • Table Global marine wind sensor market in US 2016-2021 (units in thousands)
    • Global marine wind sensor market in Europe
      • Table Global marine wind sensor market in Europe 2016-2021 (units in thousands)
    • Global marine wind sensor market in ROW
      • Table Global marine wind sensor market in ROW 2016-2021 (units in thousands)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table US GDP 2006-2016 (in $ trillions)
      • Table GDP of European Union 2006-2016 (in $ trillions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Percentage of population in US above 65 years of age, 2008-2016
    • Impact of challenge on key customer segments
      • Table Impact of challenges
  • Market trends
    • Increase in the preference for ultrasonic wind sensors
    • Increased use of advanced automotive technologies in boats
    • Increase in the popularity of pontoon boats
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Garmin
      • Table Garmin: Product portfolio in wind sensors
      • Table Garmin: Business segmentation by revenue 2015 (% share)
      • Table Garmin: Revenue from marine business segment 2013-2015 (units in millions)
      • Table Garmin: Recent developments
    • Gill Instruments
      • Table Gill Instruments: Product portfolio in wind sensors
      • Table Gill Instruments: Recent developments
    • Renewable NRG System
      • Table Renewable NRG System: Product portfolio
      • Table Renewable NRG System: Product portfolio in wind sensors
      • Table Renewable NRG System: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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