Global Marine Deck Cranes Market

Global Marine Deck Cranes Market was valued $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of xx% during the forecast period.
Global Marine Deck Cranes Market Introduction

Marine deck cranes are designed for safe and effective loading and unloading of cargo on general cargo ships, container cargo ships, bulk carriers, and other transport ships. Marine deck crane is suitable for the bulk carrier, container vessel, engineering ships that are voyaging international or domestic. Marine deck crane is designed in such a way that it should withstand changing weather conditions. It comes up with ultraviolet (UV) protection paints to protect cranes from abrasion and from corrosion. According to the application, the required capacity range crane is selected for the operation.
Global Marine Deck Cranes Market Dynamics

Deck cranes have come a long way from the jury-rigged, block-and-tackle affairs operated by man-powered capstans in the age of sail. Today’s deck cranes combine the latest in hydraulics, cabling, and electronics to deliver strength and deftness unachievable in times past. And they are being developed, sometimes even custom-built, to serve very specific needs. It is a market with many players, including MacGregor, Rapp Marine, North Pacific Crane Co. (NPCC), Palfinger Marine, and Hawboldt Industries. Among those trends is more attention to fire hazards. In markets where liquefied natural gas (LNG) is becoming a more common fuel manufacturers are adopting explosion-proof motors, non-sparking cables, and non-sparking hubs.

Marine deck crane manufacturer companies also provide some accessories such as steel fittings, docking heads, additional winches, and floodlights. Marine deck cranes consist of specialized tools for lifting purposes known as spreaders and comes with four lock points for the strong holding of the container. Marine deck cranes offers can be used in various applications in oil and gas offshore drilling and research & fishing vessel. For both, these application marine deck crane comprising of different feature is required. For oil and gas, offshore drilling purpose marine deck cranes are used in deep seawater. Hence, the companies in the oil and gas offshore industry will require marine deck cranes which are fully watertight, water-resistant, and also marine deck cranes should withstand the climate changes during the operation.
For offshore drilling purpose, marine deck crane plays an important role. Due to this reason, there is a rise in demand for marine deck cranes. This will be the key driving factor for the growth of the marine deck cranes market during the forecasting period. Also, marine deck crane provides a variety of application for offshore working. Hence, it is expected to drive the growth of the market.
Global Marine Deck Cranes Market Segment Analysis

Petroleum companies and government-owned gas corporations across the globe are making huge investments in offshore drilling projects to explore new oil & natural gas resources. In 2019, Pertamina, a Jakarta-based Indonesian state-owned oil & natural gas corporation, announced the investment of around USD 30 billion in the East Natuna Block (Natuna D-Alpha) Project. This will boost the demand for advanced offshore cranes in the market, in turn propelling the marine deck cranes market. The demand for these cranes is also increasing in the oil & gas industry for pipe maintenance & repair applications.

Global Marine Deck Cranes Market

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Global Marine Deck Cranes Market Regional Insights

Global Marine Deck Cranes Market Regional Insights

Asia Pacific (APAC) is projected to lead the global marine deck crane market, due to prominent transportation and shipbuilding industries, primarily in China, South Korea, and India, in the region. Also, rapid urbanization and a rise in population in the Asia Pacific have fuelled seaborne traffic, which drives the demand for marine deck cranes in the region. The growing population coupled with rapid urbanization across India and China is creating a huge demand for electricity. Governments across the regions are focusing on the development of new renewable energy sources to cater to the offshore crane market demand, which in turn is boosting the marine deck crane market.

In September 2020, KenzFigee has entered into a collaboration with Orange Delta Equipment for the representation of its products & services portfolio in Asia Pacific market. This collaboration covers the representation of KenzFigee’s complete range of products and services portfolio of tailor-made marine cranes and offshore equipment solutions in the Asia Pacific region by Orange Delta Equipment in Singapore.
Latin America is gaining significant traction in the global marine deck crane market, due to increase in demand for offshore cranes, which in turn is likely to propel the global marine deck crane market.

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Global Marine Deck Cranes Market
Global Marine Deck Cranes Market, by Region

• North America
• Europe
• APAC
• Middle East & Africa
• South America
Global Marine Deck Cranes Market Key Players

• M-W Marine, Inc.
• Mitsubishi Heavy Industries, Ltd.
• Effer, Cargotec Oyj
• EK Marine Ltd.
• North Pacific Crane Co Llc
• The Liebherr Group
• MacGregor
• The Company Palfinger AG
• Hawboldt Industries Ltd.
• Appleton Marine Inc.
• Seatrax, Inc.
• DMW Marine Group

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