APAC Offshore Cranes Market

ID: MRFR/EnP/53767-HCR
200 Pages
MRFR Team
Last Updated: April 22, 2026
APAC Offshore Cranes Market Research Report: By Type (Knuckle Boom, Telescopic, Lattice, Others, Mobile Crane, Fixed Crane, Marine & Port Crane), By Lifting Capacity (Up to 500 mt, 500–3000 mt, Above 3000 mt), By Duty Cycle (Production Duty, Intermediate Duty, Drilling Duty), By End-use Industry (Oil & Gas, Mining, Others), andBy Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC)- Forecast to 2035
APAC Offshore Cranes Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)8.44%
2024 Market Size$ 4.75 Billion
2025 Market Size$ 5.15 Billion
2035 Market Size$ 11.59 Billion
Key Players
Keppel Offshore & Marine
Sembcorp Marine
Mitsui E&S Holdings
Sumitomo Heavy Industries
Cargotec Corporation
Konecranes
Trends
  • Technological Advancements in Crane Design
  • Growing Demand for Renewable Energy
  • Regulatory Compliance and Safety Standards
Opportunities
  • Increased Focus on Safety and Compliance
  • Investment in Infrastructure Development
  • Rising Demand for Renewable Energy Sources
Summary Table of Contents Segmentation Download PDF
  1. 1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
    1. 1.1 EXECUTIVE SUMMARY
      1. 1.1.1 Market Overview
      2. 1.1.2 Key Findings
      3. 1.1.3 Market Segmentation
      4. 1.1.4 Competitive Landscape
      5. 1.1.5 Challenges and Opportunities
      6. 1.1.6 Future Outlook
  2. 2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
    1. 2.1 MARKET INTRODUCTION
      1. 2.1.1 Definition
      2. 2.1.2 Scope of the study
        1. 2.1.2.1 Research Objective
        2. 2.1.2.2 Assumption
        3. 2.1.2.3 Limitations
    2. 2.2 RESEARCH METHODOLOGY
      1. 2.2.1 Overview
      2. 2.2.2 Data Mining
      3. 2.2.3 Secondary Research
      4. 2.2.4 Primary Research
        1. 2.2.4.1 Primary Interviews and Information Gathering Process
        2. 2.2.4.2 Breakdown of Primary Respondents
      5. 2.2.5 Forecasting Model
      6. 2.2.6 Market Size Estimation
        1. 2.2.6.1 Bottom-Up Approach
        2. 2.2.6.2 Top-Down Approach
      7. 2.2.7 Data Triangulation
      8. 2.2.8 Validation
  3. 3 SECTION III: QUALITATIVE ANALYSIS
    1. 3.1 MARKET DYNAMICS
      1. 3.1.1 Overview
      2. 3.1.2 Drivers
      3. 3.1.3 Restraints
      4. 3.1.4 Opportunities
    2. 3.2 MARKET FACTOR ANALYSIS
      1. 3.2.1 Value chain Analysis
      2. 3.2.2 Porter's Five Forces Analysis
        1. 3.2.2.1 Bargaining Power of Suppliers
        2. 3.2.2.2 Bargaining Power of Buyers
        3. 3.2.2.3 Threat of New Entrants
        4. 3.2.2.4 Threat of Substitutes
        5. 3.2.2.5 Intensity of Rivalry
      3. 3.2.3 COVID-19 Impact Analysis
        1. 3.2.3.1 Market Impact Analysis
        2. 3.2.3.2 Regional Impact
        3. 3.2.3.3 Opportunity and Threat Analysis
  4. 4 SECTION IV: QUANTITATIVE ANALYSIS
    1. 4.1 APAC Offshore Cranes Market, BY Application (USD Billion)
      1. 4.1.1 Construction
      2. 4.1.2 Marine
      3. 4.1.3 Oil and Gas
      4. 4.1.4 Renewable Energy
    2. 4.2 APAC Offshore Cranes Market, BY Type (USD Billion)
      1. 4.2.1 Floating Cranes
      2. 4.2.2 Lattice Boom Cranes
      3. 4.2.3 Telescopic Cranes
      4. 4.2.4 Knuckle Boom Cranes
    3. 4.3 APAC Offshore Cranes Market, BY Power Source (USD Billion)
      1. 4.3.1 Electric
      2. 4.3.2 Internal Combustion Engine
      3. 4.3.3 Hybrid
      4. 4.3.4 Hydraulic
    4. 4.4 APAC Offshore Cranes Market, BY Load Capacity (USD Billion)
      1. 4.4.1 Up to 50 Tons
      2. 4.4.2 51 to 100 Tons
      3. 4.4.3 101 to 200 Tons
      4. 4.4.4 Above 200 Tons
    5. 4.5 APAC Offshore Cranes Market, BY Control System (USD Billion)
      1. 4.5.1 Manual Control
      2. 4.5.2 Remote Control
      3. 4.5.3 Automated Control
      4. 4.5.4 Semi-Automated Control
  5. 5 SECTION V: COMPETITIVE ANALYSIS
    1. 5.1 Competitive Landscape
      1. 5.1.1 Overview
      2. 5.1.2 Competitive Analysis
      3. 5.1.3 Market share Analysis
      4. 5.1.4 Major Growth Strategy in the APAC Offshore Cranes Market
      5. 5.1.5 Competitive Benchmarking
      6. 5.1.6 Leading Players in Terms of Number of Developments in the APAC Offshore Cranes Market
      7. 5.1.7 Key developments and growth strategies
        1. 5.1.7.1 New Product Launch/Service Deployment
        2. 5.1.7.2 Merger & Acquisitions
        3. 5.1.7.3 Joint Ventures
      8. 5.1.8 Major Players Financial Matrix
        1. 5.1.8.1 Sales and Operating Income
        2. 5.1.8.2 Major Players R&D Expenditure. 2023
    2. 5.2 Company Profiles
      1. 5.2.1 Keppel Offshore & Marine (SG)
        1. 5.2.1.1 Financial Overview
        2. 5.2.1.2 Products Offered
        3. 5.2.1.3 Key Developments
        4. 5.2.1.4 SWOT Analysis
        5. 5.2.1.5 Key Strategies
      2. 5.2.2 Sembcorp Marine (SG)
        1. 5.2.2.1 Financial Overview
        2. 5.2.2.2 Products Offered
        3. 5.2.2.3 Key Developments
        4. 5.2.2.4 SWOT Analysis
        5. 5.2.2.5 Key Strategies
      3. 5.2.3 Mitsui E&S Holdings (JP)
        1. 5.2.3.1 Financial Overview
        2. 5.2.3.2 Products Offered
        3. 5.2.3.3 Key Developments
        4. 5.2.3.4 SWOT Analysis
        5. 5.2.3.5 Key Strategies
      4. 5.2.4 Sumitomo Heavy Industries (JP)
        1. 5.2.4.1 Financial Overview
        2. 5.2.4.2 Products Offered
        3. 5.2.4.3 Key Developments
        4. 5.2.4.4 SWOT Analysis
        5. 5.2.4.5 Key Strategies
      5. 5.2.5 Cargotec Corporation (FI)
        1. 5.2.5.1 Financial Overview
        2. 5.2.5.2 Products Offered
        3. 5.2.5.3 Key Developments
        4. 5.2.5.4 SWOT Analysis
        5. 5.2.5.5 Key Strategies
      6. 5.2.6 Konecranes (FI)
        1. 5.2.6.1 Financial Overview
        2. 5.2.6.2 Products Offered
        3. 5.2.6.3 Key Developments
        4. 5.2.6.4 SWOT Analysis
        5. 5.2.6.5 Key Strategies
      7. 5.2.7 Daihatsu Diesel Manufacturing (JP)
        1. 5.2.7.1 Financial Overview
        2. 5.2.7.2 Products Offered
        3. 5.2.7.3 Key Developments
        4. 5.2.7.4 SWOT Analysis
        5. 5.2.7.5 Key Strategies
      8. 5.2.8 MHI Vestas Offshore Wind (DK)
        1. 5.2.8.1 Financial Overview
        2. 5.2.8.2 Products Offered
        3. 5.2.8.3 Key Developments
        4. 5.2.8.4 SWOT Analysis
        5. 5.2.8.5 Key Strategies
      9. 5.2.9 SANY Heavy Industry (CN)
        1. 5.2.9.1 Financial Overview
        2. 5.2.9.2 Products Offered
        3. 5.2.9.3 Key Developments
        4. 5.2.9.4 SWOT Analysis
        5. 5.2.9.5 Key Strategies
      10. 5.2.10 ZPMC (CN)
        1. 5.2.10.1 Financial Overview
        2. 5.2.10.2 Products Offered
        3. 5.2.10.3 Key Developments
        4. 5.2.10.4 SWOT Analysis
        5. 5.2.10.5 Key Strategies
    3. 5.3 Appendix
      1. 5.3.1 References
      2. 5.3.2 Related Reports
  6. 6 LIST OF FIGURES
    1. 6.1 MARKET SYNOPSIS
    2. 6.2 APAC MARKET ANALYSIS BY APPLICATION
    3. 6.3 APAC MARKET ANALYSIS BY TYPE
    4. 6.4 APAC MARKET ANALYSIS BY POWER SOURCE
    5. 6.5 APAC MARKET ANALYSIS BY LOAD CAPACITY
    6. 6.6 APAC MARKET ANALYSIS BY CONTROL SYSTEM
    7. 6.7 KEY BUYING CRITERIA OF APAC OFFSHORE CRANES MARKET
    8. 6.8 RESEARCH PROCESS OF MRFR
    9. 6.9 DRO ANALYSIS OF APAC OFFSHORE CRANES MARKET
    10. 6.10 DRIVERS IMPACT ANALYSIS: APAC OFFSHORE CRANES MARKET
    11. 6.11 RESTRAINTS IMPACT ANALYSIS: APAC OFFSHORE CRANES MARKET
    12. 6.12 SUPPLY / VALUE CHAIN: APAC OFFSHORE CRANES MARKET
    13. 6.13 APAC OFFSHORE CRANES MARKET, BY APPLICATION, 2024 (% SHARE)
    14. 6.14 APAC OFFSHORE CRANES MARKET, BY APPLICATION, 2024 TO 2035 (USD Billion)
    15. 6.15 APAC OFFSHORE CRANES MARKET, BY TYPE, 2024 (% SHARE)
    16. 6.16 APAC OFFSHORE CRANES MARKET, BY TYPE, 2024 TO 2035 (USD Billion)
    17. 6.17 APAC OFFSHORE CRANES MARKET, BY POWER SOURCE, 2024 (% SHARE)
    18. 6.18 APAC OFFSHORE CRANES MARKET, BY POWER SOURCE, 2024 TO 2035 (USD Billion)
    19. 6.19 APAC OFFSHORE CRANES MARKET, BY LOAD CAPACITY, 2024 (% SHARE)
    20. 6.20 APAC OFFSHORE CRANES MARKET, BY LOAD CAPACITY, 2024 TO 2035 (USD Billion)
    21. 6.21 APAC OFFSHORE CRANES MARKET, BY CONTROL SYSTEM, 2024 (% SHARE)
    22. 6.22 APAC OFFSHORE CRANES MARKET, BY CONTROL SYSTEM, 2024 TO 2035 (USD Billion)
    23. 6.23 BENCHMARKING OF MAJOR COMPETITORS
  7. 7 LIST OF TABLES
    1. 7.1 LIST OF ASSUMPTIONS
  8. 7.1.1
    1. 7.2 APAC MARKET SIZE ESTIMATES; FORECAST
      1. 7.2.1 BY APPLICATION, 2026-2035 (USD Billion)
      2. 7.2.2 BY TYPE, 2026-2035 (USD Billion)
      3. 7.2.3 BY POWER SOURCE, 2026-2035 (USD Billion)
      4. 7.2.4 BY LOAD CAPACITY, 2026-2035 (USD Billion)
      5. 7.2.5 BY CONTROL SYSTEM, 2026-2035 (USD Billion)
    2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
  9. 7.3.1
    1. 7.4 ACQUISITION/PARTNERSHIP
  10. 7.4.1

APAC Offshore Cranes Market Segmentation

APAC Offshore Cranes Market By Application (USD Billion, 2022-2035)

  • Construction
  • Marine
  • Oil and Gas
  • APAC Offshore Cranes Market

APAC Offshore Cranes Market By Type (USD Billion, 2022-2035)

  • Floating Cranes
  • Lattice Boom Cranes
  • Telescopic Cranes
  • Knuckle Boom Cranes

APAC Offshore Cranes Market By Power Source (USD Billion, 2022-2035)

  • Electric
  • Internal Combustion Engine
  • Hybrid
  • Hydraulic

APAC Offshore Cranes Market By Load Capacity (USD Billion, 2022-2035)

  • Up to 50 Tons
  • 51 to 100 Tons
  • 101 to 200 Tons
  • Above 200 Tons

APAC Offshore Cranes Market By Control System (USD Billion, 2022-2035)

  • Manual Control
  • Remote Control
  • Automated Control
  • Semi-Automated Control

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