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Rubber Tired Gantry Crane Market Share, Analysis, Size, Industry Growth, Report, Trends and Forecast till 2022-2027

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According to the latest report by IMARC Group, titled “Global Rubber Tired Gantry Crane Market Share, Size, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global rubber tired gantry crane market reached a value of US$ 1.34 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.76 Billion by 2027, exhibiting a CAGR of 4.40% during 2022-2027.

A rubber tired gantry (RTG) crane, commonly known as a transtainer, is a portable device utilized in intermodal operations for grounding or stacking containers. It is mainly powered by electricity or diesel generator systems and can be commanded remotely. RTG cranes have rigid and stable steel structures that facilitate smooth movements and precise handling even at high speeds. These devices are also used to position pipelines, assemble heavy manufacturing components, and erect large and unbalanced arrangements. RTG cranes are created for space-saving container terminals to minimize downtime, enhance productivity, improve performance, extend flexibility, and reduce costs. As a result, these devices find widespread utilization across various sectors, such as construction, oil and gas, power, shipbuilding, etc. 

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/rubber-tired-gantry-crane-market/requestsample

Rubber Tired Gantry Crane Market Trends and Drivers:

The escalating number of trading activities via ships and cargo planes is primarily driving the rubber tired gantry crane market. Besides this, the launch of favorable policies by the government bodies for the development of port infrastructures and capacities is further augmenting the market growth.

Apart from this, the expansion of the Panama Canal has assisted in the shipping container traffic across countries, which is also catalyzing the global market. Moreover, the elevating industrialization and globalization levels, continuous technological advancements, and the flexible import-export taxation regimes are acting as significant growth-inducing factors.

Furthermore, the introduction of active load system (ALS) technology in these devices to enhance container stability and operational efficiency during the transportation is anticipated to bolster the rubber tired gantry crane market over the forecasted period. 

Rubber Tired Gantry Crane Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 1.34 Billion
Market forecast in 2027US$ 1.76 Billion
Growth RateCAGR of 4.40% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027

Global Rubber Tired Gantry Crane Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Anupam Industries Limited, ASCOM SPA, Bedeschi S.p.A., Cargotec Oyj, Konecranes Oyj, Liebherr-International AG, Mi-Jack Products (Lanco International Inc.), Paul Vahle GmbH & Co. KG, Reva Industries India Pvt. Ltd., Sany Heavy Industry Co. Ltd, Shanghai Zhenhua Heavy Industries Company Limited and TNT Crane & Rigging.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/rubber-tired-gantry-crane-market

The report has segmented the market on the basis of region, type, power supply and application.

Breakup by Type:

  • 8-Wheeler
  • 16-Wheeler
     

Breakup by Power Supply:

  • Diesel
  • Electric
  • Hybrid
     

Market Breakup by Application:

  • Construction
  • Oil and Gas
  • Shipbuilding
  • Power and Utilities
  • Others

Breakup by Region:

  • 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

Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5639&flag=F

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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