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Offshore Crane Market Size
- Report ID: GMI4103
- Published Date: Mar 2023
- Report Format: PDF
Offshore Crane Market Size
Offshore Crane Market size surpassed a valuation of USD 2 billion in 2022 and is anticipated to register 4% CAGR from 2023 to 2032 propelled by prominent initiatives to develop offshore exploration and construction operations, especially in China.
The industry expansion is primarily fueled by the establishment of large-scale oil & gas productions in Middle East countries. An upsurge in oil & gas investments, along with the growing consumption of oil & gas worldwide, is projected to drive product adoption. For instance, in September 2022, TotalEnergies, a France-based company, signed an investment deal for about USD 1.5 billion with Qatar for the expansion of its natural gas production, the North Field South gas project. Such initiatives by major players are positively influencing the offshore crane market outlook
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Offshore Crane Market Size in 2022: | USD 2 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 4% |
| 2032 Value Projection: | USD 4 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 223 |
| Segments covered: | Type, Lifting Capacity, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Offshore Crane Market Scope
