Market Overview:
The global gantry cranes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gantry cranes from various end-use industries, such as steel chemical, mining, railway transportation and port and pier. Additionally, the growing infrastructure development in emerging economies is also propelling the growth of the global gantry cranes market. On basis of type, single main girder segment held major share in terms of revenue in 2017 and is projected to maintain its dominance throughout forecast period. This can be attributed to its low installation cost as compared to double main girder type.
Product Definition:
A gantry crane is a type of crane that consists of a beam or girder mounted on two end trucks or carriages, with the beam extending over the course of the project. The ends of the girder are supported by two jibs, one on each side of the load.
Single Main Girder:
Single main girders are a type of construction equipment used to build structures. They are mainly used in the construction industry for lifting heavy materials and components at one time or another during the building process. The single main girders market is expected to witness significant growth over the forecast period owing to its increasing usage in various applications such as bridge constructions, tunneling, road work and railway tunnels among others.
Double Main Girder:
Double main girders are a series of connected beams, which are used to support the weight of the boom and its attached hydraulic arms. The structure is made up of high strength steel and it's capable to carry heavy loads over long distances. Double main girders are most commonly used in cranes that have a boom length greater than 75 meters.
The global double main girders market size was valued at USD 585 million in 2016.
Application Insights:
The railway transportation segment dominated the global gantry crane market in 2017 and is expected to witness significant growth over the forecast period. Gantry cranes are widely used in railway stations, yards, and on-site applications for handling heavy loads. The rising demand for steel from various infrastructure projects across the world is likely to drive demand over the forecast period.
Growth of construction industry, particularly in emerging economies such as India and China along with increasing government expenditure on infrastructure development is anticipated to drive product demand over the next eight years. In addition, favorable government policies regarding tax rebates for investments made by foreign companies are projected to boost investments by international players which will further propel market growth during this period.
Regional Analysis:
Asia Pacific dominated the global gantry crane market in 2016 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. Growing industrialization coupled with increasing investments in ports and other infrastructure development projects are likely to drive demand for gantry cranes across Asia Pacific.
The steel chemical industry has witnessed significant growth in countries such as China, India, Thailand and Indonesia owing to rising demand from end-use industries across these countries. In addition, growing construction activities due to rapid urbanization are also anticipated to have a positive impact on product demand over the next eight years.
Growth Factors:
- Increasing demand for Gantry Cranes from the construction and infrastructure sectors due to growth in global population and rapid urbanization.
- Rising demand for Gantry Cranes from the manufacturing sector due to growth in industrial production across the globe.
- Growing use of Gantry Cranes in e-commerce and other applications owing to their advantages such as high lifting capacity, precision, and speed over traditional forklifts or pallet jacks.
- Technological advancements resulting in development of more efficient and user-friendly Gantry Cranes that can be operated even by unskilled labor force.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gantry Cranes Market Research Report
By Type
Single Main Girder, Double Main Girder
By Application
Steel Chemical, Mining, Railway Transportation, Port and Pier
By Companies
Spanco, Gorbel, EMH, Konecranes, Liebherr, EME, Vestil, Thern, Demag, Nantong COSCO Heavy Industry, AceCo, Gantry Crane Outlet, Shupper-Brickle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Gantry Cranes Market Report Segments:
The global Gantry Cranes market is segmented on the basis of:
Types
Single Main Girder, Double Main Girder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Steel Chemical, Mining, Railway Transportation, Port and Pier
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Spanco
- Gorbel
- EMH
- Konecranes
- Liebherr
- EME
- Vestil
- Thern
- Demag
- Nantong COSCO Heavy Industry
- AceCo
- Gantry Crane Outlet
- Shupper-Brickle
Highlights of The Gantry Cranes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Main Girder
- Double Main Girder
- By Application:
- Steel Chemical
- Mining
- Railway Transportation
- Port and Pier
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gantry Cranes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A gantry crane is a type of large, tall, and heavy construction crane used for moving materials by suspending them from a beam or cable.
Some of the key players operating in the gantry cranes market are Spanco, Gorbel, EMH, Konecranes, Liebherr, EME, Vestil, Thern, Demag, Nantong COSCO Heavy Industry, AceCo, Gantry Crane Outlet, Shupper-Brickle.
The gantry cranes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gantry Cranes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gantry Cranes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gantry Cranes Market - Supply Chain
4.5. Global Gantry Cranes Market Forecast
4.5.1. Gantry Cranes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gantry Cranes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gantry Cranes Market Absolute $ Opportunity
5. Global Gantry Cranes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gantry Cranes Market Size and Volume Forecast by Type
5.3.1. Single Main Girder
5.3.2. Double Main Girder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gantry Cranes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gantry Cranes Market Size and Volume Forecast by Application
6.3.1. Steel Chemical
6.3.2. Mining
6.3.3. Railway Transportation
6.3.4. Port and Pier
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gantry Cranes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gantry Cranes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gantry Cranes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gantry Cranes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gantry Cranes Demand Share Forecast, 2019-2026
9. North America Gantry Cranes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gantry Cranes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gantry Cranes Market Size and Volume Forecast by Application
9.4.1. Steel Chemical
9.4.2. Mining
9.4.3. Railway Transportation
9.4.4. Port and Pier
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gantry Cranes Market Size and Volume Forecast by Type
9.7.1. Single Main Girder
9.7.2. Double Main Girder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gantry Cranes Demand Share Forecast, 2019-2026
10. Latin America Gantry Cranes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gantry Cranes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gantry Cranes Market Size and Volume Forecast by Application
10.4.1. Steel Chemical
10.4.2. Mining
10.4.3. Railway Transportation
10.4.4. Port and Pier
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gantry Cranes Market Size and Volume Forecast by Type
10.7.1. Single Main Girder
10.7.2. Double Main Girder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gantry Cranes Demand Share Forecast, 2019-2026
11. Europe Gantry Cranes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gantry Cranes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gantry Cranes Market Size and Volume Forecast by Application
11.4.1. Steel Chemical
11.4.2. Mining
11.4.3. Railway Transportation
11.4.4. Port and Pier
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gantry Cranes Market Size and Volume Forecast by Type
11.7.1. Single Main Girder
11.7.2. Double Main Girder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10.Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gantry Cranes Demand Share, 2019-2026
12. Asia Pacific Gantry Cranes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gantry Cranes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gantry Cranes Market Size and Volume Forecast by Application
12.4.1. Steel Chemical
12.4.2. Mining
12.4.3. Railway Transportation
12.4.4. Port and Pier
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gantry Cranes Market Size and Volume Forecast by Type
12.7.1. Single Main Girder
12.7.2. Double Main Girder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gantry Cranes Demand Share, 2019-2026
13. Middle East & Africa Gantry Cranes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gantry Cranes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gantry Cranes Market Size and Volume Forecast by Application
13.4.1. Steel Chemical
13.4.2. Mining
13.4.3. Railway Transportation
13.4.4. Port and Pier
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gantry Cranes Market Size and Volume Forecast by Type
13.7.1. Single Main Girder
13.7.2. Double Main Girder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gantry Cranes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gantry Cranes Market: Market Share Analysis
14.2. Gantry Cranes Distributors and Customers
14.3. Gantry Cranes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Spanco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gorbel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EMH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Konecranes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Liebherr
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EME
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vestil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thern
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Demag
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nantong COSCO Heavy Industry
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AceCo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gantry Crane Outlet
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shupper-Brickle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook