Rubber Tired Gantry Crane Market is expected to develop at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035

 

The global market for rubber-tired gantry crane market was estimated to be worth USD 2.1 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035. Rubber tire gantry cranes are vital equipment for modern container handling facilities because they provide flexibility and mobility in the movement of shipping containers, as well as the ability to stack containers while managing within the terminal yard.

Rubber Tired Gantry Crane, also known as an RTG crane or transtainer, is a mobile gantry crane that is used to handle shipping containers in container terminals and intermodal yards. Unlike traditional cranes, which are stationary, these cranes are equipped with rubber tires that enable them to move around the terminal area.

 

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GROWTH DRIVERS

As global trade grows and container ships get bigger, ports are expanding and adding more capacity. This means that there is a greater need for RTGS to move these containers around the business. Government programs and private sector investments in infrastructure development projects, including those in emerging economies, are driving the growth of facilities and logistics hubs. This creates opportunities for these cranes to work better and more efficiently, which helps the market grow.

As more people become interested in green technology, there are more chances for electric RTGs. As more people want goods and raw materials, there are more chances for goods and raw materials to be moved and collected. which needs RTGS to work well.

MARKET SEGMENTATION:

·         By Type- 8-wheeler and 16-wheeler

·         By Power Supply Type – Diesel, Electric and Hybrid

·         By Application– construction, oil and gas, shipbuilding, power and utilities, ports and others

·         By Region - North America, Europe, Asia Pacific, the Middle East and Africa, and South America

Global Key Players:

·         Anupam Industries

·         Ascom SPA

·         Bedeschi SPA

·         Liebherr International

·         Konecranes Oyj

·         Mi-Jack Products

·         Sany Heavy Industries

·         Reva Cranes

·         Paul Vahle

·         Cargotec

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

                                   

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