Hydraulic marine cranes are used for moving cargo at ports and offshore. The hydraulic marine cranes are manufactured with special feature such water resistance to prevent corrosion. Moreover, majority of market players offer customized for various marine operations. The hydraulic marine crane market players are experiencing substantial demand for their products over the years owing to uprise in sea-borne activities. In addition, the growth in number of marine ports is another parameter responsible for the growth of the hydraulic marine crane market. The demand for marine cranes is expected to rise in the forthcoming years, as the end users of such cranes are increasingly steadily across the globe. The higher the end users, the higher would be the demand for marine cranes. This would drive the hydraulic marine crane market during the forecast period.
Liebherr, HIAB, Palfinger AB, Heila Cranes, and The Manitowoc Company – PROMINENT MARKET PARTICIPANTS IN HYDRAULIC MARINE CRANES MARKET
Liebherr, HIAB, Palfinger AB, Heila Cranes, and The Manitowoc Company are some of the key market players operating in the global hydraulic marine cranes market. The listing of key players is derived by considering multiple factors such as overall revenue, current hydraulic marine cranes product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the hydraulic marine cranes ecosystems which were studies analyzed during the course of this market research study, such as, Amco Veba Marine; Dmw Marine Group; Fassi Gru S.p.A.; Fred Wahl Marine Construction, Inc.; HS.MARINE S.r.L.; HYVA; Industrias Guerra, S.A.; Kenz Figee; Melcal; Mkg Maschinen-& Kranvertrieb; Palfinger AB; and TMS.
Most of the market initiatives were observed in MEA and Europe region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2020 | KenzFigee launched Knuckle Boom Subsea Crane which featured decreased hook weight, reduced pendulum length, and high safe working load, up to 2,000 tonnes. | Europe |
| 2019 | HEILA Cranes S.p.a. announced it has expanded its customer service support in Middle East by signing a service agreement with Albwardy Damen. | MEA |
