Hydraulic Marine Cranes Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Ongoing economic development, government alliances, and relaxation in trade policies, given the importance of globalization, along with an increase in ship/vessel production, globally, is driving the growth of the market. Furthermore, Asian economies such as China, India, Vietnam, Indonesia, and Thailand are seeing a surge in foreign direct investment (FDI) in the manufacturing sector.
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