Albany, NY -- (SBWIRE) -- 03/03/2019 -- A report titled "Floating Crane Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 – 2025" has been recently added to the ever-expanding repository of MarketResearchReport.biz. The reports delves into extensive details about the global floating cranes market such as the key trends driving growth, pertinent challenges, geographical distribution, and competitive landscape.
The global floating cranes market has been growing at a steady pace in the recent years, and is expected to sustain the progress in the future, too. There are a few, but significant factors that aid growth in the global floating cranes market. One of the most important factors is the rise in exports among developed and developing nations. Most developed and developing nations look to increase their exports in order to maintain a healthy foreign reserve. This is crucial for the country's economy. This is a key growth promoting factor in the global floating cranes market.
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Water is one of the most preferred modes of transport for heavy goods and produce. As the overall trade increases, the number of containers and ships carrying goods will also rise. To facilitate loading and unloading of these containers, there will be need of floating cranes. This builds the premise for growing demand in the global floating cranes market.
On the other hand, the rising imports among under developed nations is also a factor that fosters demand for floating cranes. Several under developed countries, especially in Africa, import a large volume of goods from developed nations. To unload goods at their ports, they requires floating cranes.
The rise in consumption of luxury products like sports cars and bikes, premium heavy products, industrial equipment, sophisticated healthcare equipment, and more, are expected to open new opportunities for the global floating cranes market.
While these are some aspects that influence growth in the global floating cranes market, there are some pertinent challenges too. Oil is one of the largest end-user segments of the floating cranes market. The volatility in the global oil market impacts the transport of oil between nations, thus impacting the progress in the floating cranes market. However, the rise in demand for water transport from other sector are opening new avenues for players in the global floating cranes market.
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Geographically, industrially dominated regions like North America are predicted to reign the global floating cranes market. Countries like the U.S. and Canada are known for their large exports, especially oil. Meanwhile, Asia Pacific is projected to emerge in the coming years due to rising exports in developing nations like India and China. Presence of heavy industries like steel, cement, textile machineries, and engineering in Asia Pacific will steer demand in the region in the future.
Floating Crane Market: Key Participants
Examples of some of the participants involved in the manufacture and building of the global Floating Crane are:
- Konecranes Plc
- Techcrane International, LLC
- Cargotec OYJ
- Huisman Equipment B.V.
- Kenz Figee Group
- Palfinger AG
- Mitsui Group
- Fincantieri - Cantieri Navali Italiani S.p.A.
- Hyundai Heavy Industries Co., Ltd.
- IHI Transport Machinery Co.,Ltd.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies
The main aim of the report is to:
- Enable key stakeholder's in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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