US Offshore Cranes Market

ID: MRFR/E&P/13614-HCR

100 Pages

Garvit Vyas

September 2025

US Offshore Cranes Market

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Offshore Cranes Market Summary

The US Offshore Cranes market is projected to grow from 3250 USD Million in 2024 to 5120 USD Million by 2035.

Key Market Trends & Highlights

US Offshore Cranes Key Trends and Highlights

The market is expected to experience a compound annual growth rate (CAGR) of 4.22 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 5120 USD Million, indicating robust growth potential.
In 2024, the market is valued at 3250 USD Million, reflecting a strong foundation for future expansion.
Growing adoption of advanced lifting technologies due to increasing offshore oil and gas exploration is a major market driver.

US Offshore Cranes Market

CAGR

4.22%

Market Size & Forecast

2024 Market Size	3250 (USD Million)
2035 Market Size	5120 (USD Million)
CAGR (2025 - 2035)	4.22%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Offshore Cranes Market market include

FAQs

What is the expected market size of the US Offshore Cranes Market in 2024?

The US Offshore Cranes Market is expected to be valued at 4.5 billion USD in 2024.

What market valuation is projected for the US Offshore Cranes Market by 2035?

By 2035, the US Offshore Cranes Market is projected to reach a valuation of 10.5 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Offshore Cranes Market from 2025 to 2035?

The expected CAGR for the US Offshore Cranes Market from 2025 to 2035 is 8.007%.

Which segment holds the highest market value within the US Offshore Cranes Market in 2024?

In 2024, the Knuckle Boom segment holds the highest market value at 1.2 billion USD.

What is the expected market value for the Telescopic segment of the US Offshore Cranes Market in 2035?

The Telescopic segment is expected to reach a market value of 2.5 billion USD by 2035.

Who are the key players in the US Offshore Cranes Market?

Key players in the market include SUBSEA 7, Konecranes, Saipem, DeepOcean, and ZPMC.

What market size is expected for the Lattice segment in 2024?

The Lattice segment is expected to be valued at 1.0 billion USD in 2024.

What is the projected market size for the Mobile Crane segment by 2035?

The Mobile Crane segment is projected to reach a market size of 0.8 billion USD by 2035.

What opportunities are driving growth in the US Offshore Cranes Market?

Growth opportunities are driven by increasing offshore activities and advancements in crane technologies.

What challenges currently impact the US Offshore Cranes Market?

Challenges impacting the market include fluctuating oil prices and regulatory hurdles in the offshore sector.

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