Market Overview

The Global Rubber Tired Gantry Crane Market was valued at USD 1,331.3 million in 2023 and is expected to reach USD 2,043.1 million by 2031 while growing at a CAGR of 5.5% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global rubber-tired gantry crane market growth. A Rubber Tired Gantry Crane (RTG) is a mobile crane designed for handling and stacking containers at container terminals and intermodal yards. Unlike traditional fixed gantry cranes, RTGs are mounted on rubber tires, enabling them to maneuver within the storage yard or terminal.

Increasing preference for containerized shipping and environmental concerns, coupled with a focus on energy efficiency, drive the Rubber Tired Gantry market's growth. However, challenges such as high initial capital investment and limited flexibility in handling non-containerized cargo may hinder market expansion.

Furthermore, the global rubber-tired gantry crane industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Rubber Tired Gantry Crane Market is segmented among 8 Wheel, and 16 Wheel, based on Type. In 2023, 8 Wheel accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Power Supply Analysis

The Global Rubber Tired Gantry Crane Market is segmented among Diesel, Electric, and Hybrid, based on Power Supply. In 2023, Diesel accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Rubber Tired Gantry Crane Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Anupam Industries Limited, ELECTROMECH MATERIAL HANDLING SYSTEMS (INDIA) PVT. LTD., Cargotec, Konecranes, Liebherr-International Deutschland GmbH, Mi-Jack, Reva Industries Limited, SANY Group, Shanghai Zhenhua Heavy Industries Co., Ltd., and TNT Crane & Rigging.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Rubber Tired Gantry Crane Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Rubber Tired Gantry Crane Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Rubber Tired Gantry Crane Market Segmentation, By Type

• Global Rubber Tired Gantry Crane Market Share Analysis, By Type

• Global Rubber Tired Gantry Crane Market Growth Analysis, By Type

• Global Rubber Tired Gantry Crane Market Trends, By Type

o 8 Wheel

o 16 Wheel

6. Global Rubber Tired Gantry Crane Market Segmentation, By Power Supply

• Global Rubber Tired Gantry Crane Market Share Analysis, By Power Supply

• Global Rubber Tired Gantry Crane Market Growth Analysis, By Power Supply

• Global Rubber Tired Gantry Crane Market Trends, By Power Supply

o Diesel

o Electric

o Hybrid

7. Global Rubber Tired Gantry Crane Market Segmentation, By Region

• Global Rubber Tired Gantry Crane Market Share Analysis, By Region

• Global Rubber Tired Gantry Crane Market Growth Analysis, By Region

• Global Rubber Tired Gantry Crane Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Anupam Industries Limited*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Electromech material handling systems (India) Pvt. Ltd.

• Cargotec

• Konecranes

• Liebherr-International Deutschland GmbH

• Mi-Jack

• Reva Industries Limited

• SANY Group

• Shanghai Zhenhua Heavy Industries Co., Ltd.

• TNT Crane & Rigging.

*Similar analysis will be provided for each company listed above.