IMARC Group's report titled "Rail Mounted Gantry Crane Market Report by Type (Cantilever, Non-Cantilever), Lift Capacity (0-40 Tons, 40.1 and Above), Technology (Manual, Autonomous), Application (Wharf, Railway, and Others), and Region 2024-2032", The global rail mounted gantry crane market size reached US$ 363.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 492.2 Million by 2032, exhibiting a growth rate (CAGR) of 3.32% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/rail-mounted-gantry-crane-market/requestsample

Factors Affecting the Growth of the Rail Mounted Gantry Crane Industry:

  • Expansion of International Trade:

International trade growth is boosting the demand for rail mounted gantry (RMG) cranes. There's a rising need for better port facilities to manage cargo. RMG cranes enhance container handling and port efficiency. They speed up container movement, reducing ship turnaround times and port congestion. New and expanded trade routes are increasing the need for RMG cranes. Additionally, the demand for advanced equipment to manage cross-border goods is improving market prospects.

  • Technological Advancements:

Innovations are boosting market growth by introducing efficient, reliable, and sustainable solutions. Modern RMG cranes now feature automation, AI, and remote monitoring. These technologies enhance efficiency and reduce manual work. They also improve the speed and accuracy of container handling, making workplaces safer. Additionally, green technologies cut the environmental impact of port operations, supporting sustainability goals.

  • Rising Focus on Sustainability:

The push for sustainability is boosting market growth. Ports and terminals are adopting eco-friendly practices. Electrically powered RMG cranes now replace diesel ones. This shift cuts greenhouse gas emissions and air pollution. Electric cranes are efficient, meeting regulations and sustainability goals. Focusing on sustainability offers a competitive edge, building trust with eco-conscious consumers.

Leading Companies Operating in the Global Rail Mounted Gantry Crane Industry:

  • Anupam Industries Limited
  • Ascom Spa
  • Doosan Heavy Industries Vietnam Co. Ltd.
  • Hartmann & König Stromzuführungs AG
  • Konecranes Oyj
  • Liebherr
  • Mi-Jack Products Inc (The Lanco Group of Companies)
  • Safex Industries Limited
  • Sany Heavy Industry Co. Ltd

Rail Mounted Gantry Crane Market Report Segmentation:

By Type:

  • Cantilever
  • Non-Cantilever

Cantilever represents the largest segment, which can be accredited to the rising need for efficient movement and stacking of containers in tightly spaced areas.   

By Lift Capacity:

  • 0-40 Tons
  • 40.1 and Above

40.1 and above holds the biggest market share as it caters to the heavy-duty requirements of modern port and terminal operations.

By Technology:

  • Manual
  • Autonomous

Manual accounts for the largest market share due to increasing focus on enhanced flexibility and control.  

By Application:

  • Wharf
  • Railway
  • Others
     

Railway exhibits a clear dominance in the market on account of the rising need to load and unload containers onto trains.

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Europe enjoys a leading position in the rail mounted gantry crane market, which can be attributed to the highly developed logistics and transportation infrastructure.  

Global Rail Mounted Gantry Crane Market Trends:

The increasing need for higher operational efficiency and productivity in cargo handling is contributing to the growth of the market. RMG cranes offer various advantages, such as high speed, reliability, and capacity for continuous operation, contributing to the overall efficiency of container terminals.

Besides this, the rising adoption of RMG cranes, as they offer customized solutions tailored as per specific operational requirements of various sectors, is propelling the growth of the market. The flexibility in design and operational parameters allows for optimization based on the layout, capacity needs, and operational strategies of different ports and terminals.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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