The global offshore crane market continues to gain momentum, backed by rising offshore exploration, expansion of renewable energy projects, and advancements in lifting technologies. According to the latest analysis, the market size was valued at USD 23.12 billion in 2023 and is projected to grow from USD 24.77 billion in 2024 to an impressive USD 42.54 billion by 2031. This reflects a compound...
The global Offshore Crane Market was valued at USD 23.12 billion in 2023 and is expected to grow from USD 24.77 billion in 2024 to USD 42.54 billion by 2031. This growth represents a compound annual growth rate (CAGR) of 8.03% during the forecast period. The increasing demand for offshore operations in oil and gas, coupled with the expansion of renewable energy projects, drives this robust...