An offshore crane is defined as a pedestal-mounted elevating and rotating lifting device used to transfer materials and personnel to or from marine vessels, barges, and structures. An offshore crane's capacity also depends on factors the purchaser must supply to the crane manufacturer. These include the type of structure upon which the crane is mounted the environmental conditions in the platform's location and the load's location in relation to the crane. Further, Expansion in Offshore Exploration and Production Activities and growth in offshore industry is propelling the market growth.According to AMA, the market for Offshore Cranes is expected to register a CAGR of 9.09% during the forecast period to 2024. This growth is primarily driven by Growing Demand of Oil & Gas and Offshore Support Vessels, Rising Renewable Offshore Industry and Increasing Oil Rig and Marine Operations Based On Applications.
Globally, a noticeable market trend is evident Increasing Installation of Float Over and Lift Processes
. Major Manufacturers, such as Cargotec (Finland), Konecranes (Finland), Liebherr Group (Switzerland), Manitowoc (United States), TEREX Corporation (United States), Huisman Equipment B.V. (Brazil), Kenz Figee B.V. (Netherlands), National Oilwell Varco (United States), Palfinger AG (Austria) and Zoomlion (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In November 2018, Sarens Company launched The SGC-250 (Sarens Giant Crane - 250) was launched at the port of Ghent, in Belgium. The SGC-250 is the first of the 3rd generation of ring-based cranes at Sarens. It has a maximum load moment of 250.000Tm which allows lifting an astonishing 5.000T. Even at a large radius of 100m, the crane is still capable of lifting 2.000T and, even when doing so, the ground pressure remains below 25T/mē. This extremely impressive metric is achieved through the high number of wheel bogies on the double ring beams and the spreader mats that the machine features.
- Growing Demand of Oil & Gas and Offshore Support Vessels
- Rising Renewable Offshore Industry
- Increasing Oil Rig and Marine Operations Based On Applications
- Increasing Installation of Float Over and Lift Processes
- Technological Innovations Leading to Efficient & Lightweight Offshore Cranes
- High Environment and Entry Barrier Risks
- Accidents in Manufacturing Plants and Construction Sites Involving Crane Structural Failure
Increase in the Offshore Spending by the Government
Concerns Related to Safety and Fluctuating Oil Prices and Decline in Offshore Vessel Demand
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