Floating Crane Ship Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 8.6% from 2026 to 2033, reaching USD 5.1 Billion by 2033.
The global Floating Crane Ship Market was valued at approximately USD 1.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The growth in the market is primarily driven by the increasing demand for efficient heavy lifting and offshore construction, particularly in the oil and gas and renewable energy sectors. As of 2022, Asia Pacific held the largest market share, contributing over 40% of the global revenue, driven by the high demand from countries such as China, Japan, and India. The market in North America and Europe is expected to experience steady growth due to the rising adoption of floating crane ships for large scale infrastructure projects and offshore wind farm developments. The rapid development of renewable energy sources in these regions is expected to contribute significantly to market growth during the forecast period.
Regionally, the Middle East is anticipated to show robust growth, with an estimated CAGR of 7.2% from 2023 to 2030, owing to the booming construction sector and increasing demand for floating cranes in the oil and gas industries. Additionally, the African market is projected to witness a gradual increase in demand for floating crane ships, mainly driven by port development and infrastructure projects in coastal regions. The increasing focus on upgrading port facilities and the growing offshore construction market is expected to provide new growth opportunities. Latin America is also anticipated to see moderate growth in the floating crane ship market, driven by the expansion of the offshore oil and gas industry in countries such as Brazil and Mexico.
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Metso Corporation
Sarens Group
Arya Shipyard
Damen
Donjon Marine
KRANUNION
Meyer Turku
Raidco Marine
Heerema
Hyundai
Büter Hebetechnik GmbH
CIMOLAI TECHNOLOGY SpA
Effer S.p.a
Kobelco Cranes
Liebherr Cranes
China Railway Hi-tech Industry Corporation Limited
Wuchang Shipbuilding
Wuhan Bridge Heavy Industries
ZPMC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Floating Crane Ship Market
Self-erecting cranes
Articulated cranes
Hook cranes
Fixed cranes
Construction
Dredging
Marine Engineering
Offshore Wind Farms
Heavy Lifting Operations
Up to 100 tons
100 to 300 tons
300 to 500 tons
Above 500 tons
Steel
Aluminum
Composite Materials
Shipbuilding
Oil and Gas
Renewable Energy
Mining
Shipping and Logistics
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Floating Crane Ship Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Floating Crane Ship Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Floating Crane Ship Market, By Type
6. Global Floating Crane Ship Market, By Application
7. Global Floating Crane Ship Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Floating Crane Ship Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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