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Global Rubber Tired Gantry Crane Market Size, Share, Report: By Type: 8-Wheeler, 16-Wheeler; By Power Supply: Diesel, Electric, Hybrid; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Rubber Tired Gantry Crane Market Outlook
The global rubber tired gantry crane market size reached approximately USD 1.52 billion in 2023. The market is further projected to grow at a CAGR of 4.7% between 2024 and 2032, reaching a value of USD 2.31 billion by 2032.
Key Trends in the Rubber Tired Gantry Crane Market
A rubber tired gantry crane refers to a mobile gantry crane that operates to stack and ground intermodal containers. These cranes are suitable for usage in outdoor applications and can traverse large distances at a rapid rate while handling heavy cargo.
- The rising demand for coal and iron ore due to rapid urbanisation and industrialisation is bolstering the rubber tired gantry crane market growth. The gantry cranes aid in easy transportation of the materials due to their high stacking density which allows them to maximise terminal space utilisation.
- The increasing popularity of electric rubber tired gantry cranes owing to their ability to reduce hazardous emissions and wastes is providing lucrative growth opportunities to the market. Additionally, the installation of electric cranes reduces fuel consumption which aids in cost savings.
- The integration of smart technologies with cranes by various manufacturers is supporting the market expansion. These technologies include automated gantry steering for troubleshooting, analysing, and managing the productivity and status of the equipment and remote monitoring.
Global Rubber Tired Gantry Crane Market Analysis
On the basis of type, the market is bifurcated into 8-wheeler and 16-wheeler. Based on power supply, the market is divided into diesel, electric, and hybrid. On the basis of region, the rubber tired gantry crane market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Liebherr Group
- Konecranes
- Mi-Jack Products, Inc.
- SANY Group
- Bedeschi S.p.A.
- ASCOM SPA
- ElectroMech Material Handling Systems Pvt Ltd.
- Cargotec Corporation
- Henan Yuantai Crane Machinery Import & Export Co,. Ltd.
- Anupam Industries Limited
- Others
Rubber Tired Gantry Crane Market Share by Type
The 16-wheeler is expected to account for a significant rubber tired gantry crane market share owing to the comparatively lower costs of maintenance and spare parts. Additionally, the 16-wheeler rubber tired gantry crane offers enhanced driver safety and manoeuvrability. These cranes are used for large manufacturing units, cylindrical components, building unbalanced structures, and positioning pipelines, among others.
Rubber Tired Gantry Crane Market Share by Region
The Asia Pacific is anticipated to witness significant growth over the forecast period. This growth can be attributed to the prominent presence of various major manufacturers in the region and increasing investments towards research and development activities for the production of technologically advanced equipment. The rising transportation of iron ore and coal in various developing countries due to increasing industrialisation and urbanisation in the region are bolstering the rubber tired gantry crane market demand.
Competitive Landscape
Liebherr Group, headquartered in Bulle, canton of Fribourg, Switzerland, is one of the leading construction equipment manufacturing companies that provides user-oriented and high-quality products and services for their customers. The company specialises in earth moving technologies, rubber tired gantry cranes, and maritime cranes, among others.
Konecranes, headquartered in Hyvinkaa, Finland, is known for providing material handling solutions to a wide range of customers across different industries. The company specialises in rubber tired gantry cranes, crane maintenance, process cranes, machine tool service, and remote data monitoring, among others.
Mi-Jack Products, Inc., headquartered in Illinois, United States, is one of the global leaders in innovative container handling solutions. The products provided by the company range from rubber tired gantry cranes, travelifts, and translifts, among others. The company is dedicated towards providing versatile, durable, and advanced products to their customers.
Other rubber tired gantry crane market key players include SANY Group, Bedeschi S.p.A., ASCOM SPA, ElectroMech Material Handling Systems Pvt Ltd., Cargotec Corporation, Henan Yuantai Crane Machinery Import & Export Co,. Ltd., and Anupam Industries Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Power Supply |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Rubber Tired Gantry Crane Market Analysis
8.1 Key Industry Highlights
8.2 Global Rubber Tired Gantry Crane Historical Market (2018-2023)
8.3 Global Rubber Tired Gantry Crane Market Forecast (2024-2032)
8.4 Global Rubber Tired Gantry Crane Market by Type
8.4.1 8-Wheeler
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 16-Wheeler
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Rubber Tired Gantry Crane Market by Power Supply
8.5.1 Diesel
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Electric
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Hybrid
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Rubber Tired Gantry Crane Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Rubber Tired Gantry Crane Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Rubber Tired Gantry Crane Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Rubber Tired Gantry Crane Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Rubber Tired Gantry Crane Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Rubber Tired Gantry Crane Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Liebherr Group
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Konecranes
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Mi-Jack Products, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 SANY Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Bedeschi S.p.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ASCOM SPA
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 ElectroMech Material Handling Systems Pvt Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Cargotec Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Henan Yuantai Crane Machinery Import & Export Co,. Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Anupam Industries Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Rubber Tired Gantry Crane Market: Key Industry Highlights, 2018 and 2032
2. Global Rubber Tired Gantry Crane Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Rubber Tired Gantry Crane Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Rubber Tired Gantry Crane Historical Market: Breakup by Power Supply (USD Billion), 2018-2023
5. Global Rubber Tired Gantry Crane Market Forecast: Breakup by Power Supply (USD Billion), 2024-2032
6. Global Rubber Tired Gantry Crane Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Rubber Tired Gantry Crane Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Rubber Tired Gantry Crane Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Rubber Tired Gantry Crane Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Rubber Tired Gantry Crane Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Rubber Tired Gantry Crane Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Rubber Tired Gantry Crane Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Rubber Tired Gantry Crane Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Rubber Tired Gantry Crane Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Rubber Tired Gantry Crane Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Rubber Tired Gantry Crane Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Rubber Tired Gantry Crane Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Rubber Tired Gantry Crane Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 1.52 billion in 2023.
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.31 billion by 2032.
The major market drivers include rising requirement for transportation of iron ore and coal and increasing investments towards research and development activities.
The key trends fuelling the growth of the market include increasing popularity of electric rubber tired gantry cranes and integration of smart technologies with cranes.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types include 8-wheeler and 16-wheeler.
The key players in the market are Liebherr Group, Konecranes, Mi-Jack Products, Inc., SANY Group, Bedeschi S.p.A., ASCOM SPA, ElectroMech Material Handling Systems Pvt Ltd., Cargotec Corporation, Henan Yuantai Crane Machinery Import & Export Co,. Ltd., and Anupam Industries Limited, among others.
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