Asia Pacific Hydraulic Marine Cranes Market Key Companies and SWOT Analysis by 2028

Asia Pacific Hydraulic Marine Cranes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Design (Knuckle Boom, Telescopic Boom, Stiff Boom, and Foldable Cranes), Capacity (Below 50 Tm, 50–50 Tm, and Above 150 Tm), and Boom Length (Below 10 Meter, 10–20 Meter, and Above 20 Meter)

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Report Date : Mar 2022
Report Code : TIPRE00027463

Category : Manufacturing and Construction
Status : Published

Available Report Formats :
No. of Pages : 104

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Asia Pacific Hydraulic Marine Cranes Market Key Companies and SWOT Analysis by 2028

Report Date: Mar 2022 | Report Code: TIPRE00027463

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Page Updated: Mar 2022

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The hydraulic marine cranes market in Asia-Pacific is expected to grow from US$ 835.30 million in 2021 to US$ 1,270.54 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

Hydraulic marine cranes are widely used at marine ports for loading and unloading of cargo. Growing trade and commerce activities are encouraging the deployment of a significant number of ports. For instance, the Indian Government has announced its ambitious project, Sagarmala, and it has planned six mega ports under this project, with an aim to complete those by 2025. Moreover, In March 2021, Sri Lanka approved New Port Development with Japan and India, under Sri Lankan government plans to develop new terminal at Colombo Port. In January 2020, China and Myanmar announced the development of new deep-sea port in Myanmar new economic partnership. Such surge in the development of ports across the region is projected to create steady growth opportunities for the hydraulic marine cranes market players, which is ultimately boosting the Asia-Pacific hydraulic marine cranes market.Asia-Pacific has experienced a significant decline in economic activities as the government imposed strict lockdowns, travel bans, and business shutdown to control the spread of SARS-CoV-2 in 2020. These actions led to delays in the delivery of vessels from the shipbuilding industry. China, Hong Kong, South Korea, and Japan are top Asian export countries that experienced disturbances in their cargo shipments. Thus, lower trade volumes coupled with the disrupted supply chain of the shipbuilding industry hindered the hydraulic marine cranes market performance in 2020. However, as trading activities picked pace from the last quarter of 2020, market players are experiencing steady growth in demand for hydraulic marine cranes.

Asia-Pacific Hydraulic Marine Cranes Market Revenue and Forecast to 2028 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Asia-Pacific Hydraulic Marine Cranes Market Segmentation

Asia-Pacific Hydraulic Marine Cranes Market – By Design

Knuckle Boom
Telescopic Boom
Stiff Boom
Foldable Boom

Asia-Pacific Hydraulic Marine Cranes Market – By Capacity

Below 50 Tm
50 - 150 Tm
Above 150 Tm

Asia-Pacific Hydraulic Marine Cranes Market – By Boom Length

Below 10 Meters
10 - 20 Meters
Above 20 Meters

Asia-Pacific Hydraulic Marine Cranes Market– By Country

Australia
China
India
Japan
South Korea
Rest of Asia-Pacific

Asia-Pacific Hydraulic Marine Cranes Market-Companies Mentioned

Amco Veba Marine
Fassi Gru S.p.A.
HEILA Cranes S.p.a.
HIAB
HYVA
INDUSTRIAS GUERRA, SA
Kenz Figee
MELCAL S.p.A.
Palfinger AG

Asia Pacific Hydraulic Marine Cranes Report Scope

Report Attribute	Details
Market size in 2021	US$ 835.30 Million
Market Size by 2028	US$ 1,270.54 Million
CAGR (2021 - 2028)	6.2%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Design Knuckle Boom Telescopic Boom Stiff Boom Foldable Cranes By Capacity Below 50 Tm 50-50 Tm Above 150 Tm By Boom Length Below 10 Meter 10-20 Meter Above 20 Meter
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Amco Veba Marine Fassi Gru S.p.A. HEILA Cranes S.p.a. HIAB HYVA INDUSTRIAS GUERRA, SA Kenz Figee MELCAL S.p.A. Palfinger AG

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the Asia Pacific Hydraulic Marine Cranes Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Regional, Country
Industry and Competitive Landscape
Excel Dataset

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