
Rubber Tired Gantry Crane Market Share
The global rubber tired gantry crane market has experienced growth due to several factors such as increase in container traffic,
OREGON, DE, UNITED STATES, March 17, 2025 /
EINPresswire.com/ -- Allied Market Research published a report, titled, "
Rubber Tired Gantry Crane Market by Type (8 Wheeler, and 16 Weeler), Power Supply (Diesel, Electric, and Hybrid), and Application (Construction, Oil and Gas, Shipbuilding, Power and Utilities, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the rubber tired gantry crane market size was valued at $1.4 billion in 2023, and is estimated to reach $2.2 billion by 2033, growing at a CAGR of 4.7% from 2024 to 2033.
Rubber Tired Gantry Crane, called RTG for short, which is used to stack containers in container storage yards. It is a type of crane commonly used in container handling operations at ports and container terminals. RTGs are designed to stack and move containers within container storage yards. Unlike traditional gantry cranes that are fixed to rails, RTGs are equipped with rubber tires, allowing them to move horizontally along predefined paths within the container yard. This flexibility in movement enables efficient transhipment of containers between storage stacks and transport vehicles such as trucks or rail cars.
๐ฐ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ -
https://www.alliedmarketresearch.com/request-sample/A13965
Prime determinants of growth
The global rubber tired gantry (RTG) market has experienced growth due to several factors such as rise in container traffic, advancements in technology, and surge in environmental awareness. However, increased initial investment and limited space & infrastructure hinder market growth to some extent. Moreover, rise in interest in eco-efficient port handling solutions coupled with advancements in technology offers remunerative opportunities for the expansion of the global rubber tired gantry market.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
In ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐, Konecranes collaborated with CMA CGM Kaohsiung Terminal Co. Limited to secure a notable order for 7 hybrid Konecranes Noell Rubber-Tired Gantry (RTG) cranes. This partnership signifies a commitment to advancing container terminal management, with Konecranes providing cutting-edge RTGs tailored to meet the evolving needs of the industry.
In ๐๐ฎ๐ง๐ ๐๐๐๐, the Port of Felixstowe, operated by Hutchison Ports, received six new semi-automated remote-controlled electric rubber-tyred gantry cranes (RCeRTGs) from Finnish manufacturer Konecranes. These RCeRTGs boast the capability to lift containers 1-over-6 high and span 7 rows and a roadway. Equipped with remote control technology, operators stationed in a central control room seamlessly manage lift operations to or from carrying vehicles, enhancing operational efficiency at the port.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐ข๐๐๐ก๐๐ซ๐ซ-๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฎ๐ญ๐ฌ๐๐ก๐ฅ๐๐ง๐ ๐๐ฆ๐๐, ๐๐๐ซ๐ ๐จ๐ญ๐๐, ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ฌ, ๐๐ข-๐๐๐๐ค, ๐๐ก๐๐ง๐ ๐ก๐๐ข ๐๐ก๐๐ง๐ก๐ฎ๐ ๐๐๐๐ฏ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐จ., ๐๐ญ๐., ๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ, ๐๐๐ฏ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐, ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ฆ๐๐๐ก ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐๐ง๐๐ฅ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ (๐๐ง๐๐ข๐) ๐๐ฏ๐ญ. ๐๐ญ๐., ๐๐๐ ๐๐ซ๐๐ง๐ & ๐๐ข๐ ๐ ๐ข๐ง๐ , ๐๐ง๐ฎ๐ฉ๐๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
8-wheeler RTG Cranes are equipped with eight wheels, typically arranged in a configuration that provides stability and maneuverability for lifting and moving containers within a port or terminal. The design of 8-wheeler RTG cranes allows them to efficiently handle containers while navigating the layout of the terminal. The surge in global trade and maritime activity drives the need for effective port handling machinery, such as RTG cranes. Among container terminals, 8-wheeler RTG cranes are favored for their adaptability, maneuvering capabilities, and efficient handling of standard container loads. As ports worldwide undergo expansion and modernization efforts to accommodate larger ships and increased cargo volumes, the demand for RTG cranes, particularly the 8-wheeler variants, is on the rise. This is essential to ensure smooth and efficient container handling operations across terminals.
๐ฐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -
https://www.alliedmarketresearch.com/purchase-enquiry/A13965
Based on the type, the 16-wheeler segment held the highest market share in 2022 as the 16-wheeler RTG cranes offer higher load capacity and better stability, making them more suitable for large-scale operations in ports and heavy industrial applications. 16-wheeler RTG cranes feature a larger number of wheels, totaling sixteen. This configuration offers enhanced stability and weight distribution, which allows the handling of heavier loads and larger containers. The additional wheels contribute to improved maneuverability and operational efficiency in container handling operations.
Based on the power supply,
the electric segment held the highest market share in 2022 as electric RTG cranes are becoming increasingly popular due to their lower operational costs, reduced emissions, and compliance with stringent environmental regulations. The adoption of cutting-edge technologies such as automation, remote control, and live monitoring fuels the need for contemporary RTG cranes. With advanced features, 8-wheeler RTG cranes enhance productivity, safety, and operational effectiveness, appealing to clients aiming to streamline port activities. Growing environmental consciousness and regulatory obligations motivate port operators to embrace eco-friendly machinery. Recognized for their environmentally sustainable attributes, particularly with electric or hybrid power options, 8-wheeler RTG cranes are increasingly favored over diesel-powered counterparts, driving their market acceptance.
Based on the application, the shipbuilding segment held the highest market share in 2022. Shipbuilding requires precise and heavy lifting capabilities, and RTG cranes are essential for moving large ship components. The continuous growth in global trade and the expansion of shipbuilding activities in major shipbuilding nations boost the demand for RTG cranes in this sector.
๐ฐ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:
https://www.alliedmarketresearch.com/rubber-tired-gantry-crane-market/purchase-options
Regional Outlook
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022. Asia-Pacific leads the market due to the region's massive port operations, rapid industrialization, and significant investments in infrastructure development. Countries such as China, India, Japan, South Korea, and Singapore have witnessed substantial growth in the RTG Cranes market. Rapid industrialization, urbanization, and infrastructure development in these countries have led to increased container traffic at ports and terminals, driving the demand for RTG cranes to handle cargo efficiently.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
https://www.alliedmarketresearch.com/digital-shipyard-market-A09171 - Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/shipbuilding-market-A08511 - Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/cruise-ship-market-A53567 - Global Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/cruise-ship-market-A53567 - Global Opportunity Analysis and Industry Forecast, 2021-2031
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+ 1800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn