has announced the top five leading vendors in their recent global
marine cranes market report until 2021. This research
report also lists 20 other prominent vendors that are expected to impact
the market during the forecast period.
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Technavio has published a new report on the global marine crane market from 2017-2021. (Graphic: Business Wire)
The research study by Technavio on the global
marine cranes market for 2017-2021 provides a detailed industry
analysis based on the design type (knuckle boom crane, telescopic crane,
and lattice boom crane) and geography (APAC, EMEA, and the Americas).
“The global marine cranes market is projected to grow to close to
USD 9 billion by 2021, at a CAGR of nearly 5% over the forecast period.
The increasing investment in ports and terminals is driving the adoption
of marine cranes,” says Gaurav Mohindru, a lead analyst at
Technavio for construction
Competitive vendor landscape
The global marine crane market is characterized by a fragmented vendor
landscape with the presence of substantial numbers of international and
local players. Innovation in the development process and smart design
have led the global marine crane market with modular cranes and better
productivity. The increase in the infrastructural development, mainly in
the energy sector, is expected to drive the market growth as offshore
wind turbines are being welcomed in the market. The technology-based
innovation has resulted in energy-efficient cranes.
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Top five vendors in the global marine cranes market
DMW Marine Group
DMW Marine Group offers a complete range of cranes manufactured for
various operations including marine environment. As per the demand in
the marine industry, the company produces heavy-duty cranes, which have
the capacity to withstand a strong side load force.
EFFER’s manufacturing plants are located in Bologna and Taranto. In
2005, the company became a part of the CTE Group, which deals with the
production and marketing of elevators and platforms. The company's
manufactured products have a wide range of applications, which include
roofing, construction, heavy loads, plate glass handling, pole
positioning, and marine.
HAILA Cranes manufactures heavy-duty application cranes designed
specifically for the marine applications, both ship boarding and
offshore. The company was founded in 1978 to produce small truck cranes.
It caters to various industries, including the marine and offshore, oil
and gas, and cement industries.
LEIBHERR is a Swiss-based manufacturer of the large marine equipment.
The company also has existence in the hospitality sector; it has hotel
properties in Germany, Austria, and Ireland. It has experience in the
manufacturing of cranes. The company expanded in Europe by building a
production site in Ireland.
PALFINGER is known to provide most reliable and innovative lifting
solutions for applications on commercial vehicles and maritime field.
The company is headquartered in Salzburg, Austria, with several
manufacturing units in Europe, North America, and Asia.
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Technavio analysts employ primary as well as secondary research
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and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170519005566/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
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