Market Overview

The Global Yard Cranes Market was valued at USD 1,729.0 million in 2023 and is expected to reach USD 2,673.6 million by 2031 while growing at a CAGR of 5.6% 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 yard cranes market growth. A yard crane, also referred to as a container crane or ship-to-shore crane, is a material handling equipment widely utilized in ports, container yards, and industrial facilities. It plays a crucial role in efficiently loading and unloading cargo containers between ships, trucks, or trains, facilitating seamless movement of goods across various transportation modes and storage areas.

Increasing urbanization and industrialization, coupled with advancements in crane technology like automation, remote monitoring, and data analytics, drive the growth of the Yard Crane market. However, obstacles such as high initial investment costs and stringent regulations related to safety, emissions, and noise levels may hinder market expansion.

Furthermore, the global yard cranes industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Yard Cranes Market is segmented among Rubber-tired Gantry Cranes (RTGs), and Rail-mounted Gantry Cranes (RMGs), based on Product. In 2023, Rubber-Tired Gantry Cranes (RTGs) 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 Yard Cranes 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 North America 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 ANDRITZ, CARGOTEC CORPORATION, KATO WORKS CO., LTD., Kobelco Construction Machinery Co., Ltd., Konecranes, LIEBHERR, PALFINGER AG, SANY Group, Tadano Ltd., Terex Corporation, The Manitowoc Company, Inc., and XCMG Group.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Yard Cranes Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Yard Cranes Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Yard Cranes Market Segmentation, By Product

• Global Yard Cranes Market Share Analysis, By Product

• Global Yard Cranes Market Growth Analysis, By Product

• Global Yard Cranes Market Trends, By Product

o Rubber-tired Gantry Cranes (RTGs)

Ø Wheel Type

§ 8 Wheel

§ 16 Wheel

Ø Propulsion Type

§ Diesel

§ Electric

o Rail-mounted Gantry Cranes (RMGs)

Ø Type

§ Cantilever

§ Non-Cantilever

Ø Technology

§ Manual

§ Autonomous

Ø Lifting Capacity

§ <40 Tons

§ >41 Tons))

6. Global Yard Cranes Market Segmentation, By Region

• Global Yard Cranes Market Share Analysis, By Region

• Global Yard Cranes Market Growth Analysis, By Region

• Global Yard Cranes Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Andritz*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Cargotec Corporation

• Kato works co., ltd.

• Kobelco Construction Machinery Co., Ltd.

• Konecranes

• Liebherr

• Palfinger AG

• SANY Group

• Tadano Ltd.

• Terex Corporation

• The Manitowoc Company, Inc.

• XCMG Group.

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