Top 5 Vendors in the Global Marine Cranes Market from 2017-2021: Technavio
May 19 2017 - 3:03PM
Business Wire
Technavio 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
research.
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
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
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
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
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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About Technavio
Technavio is leading global technology research and
advisory company. The company develops over 2000 pieces of research
every year, covering more than 500 technologies across 80
countries. Technavio has about 300 analysts globally who specialize
in customized consulting and business research assignments across
the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of
bottom-up and top-down approaches, besides using in-house market
modeling tools 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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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 630 333 9501UK: +44 208 123 1770www.technavio.com