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Report Overview
The global rubber tired gantry crane market size reached approximately USD 1.52 Billion in 2024. The market is further projected to grow at a CAGR of 4.70% between 2025 and 2034, reaching a value of USD 2.41 Billion by 2034.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
Compound Annual Growth Rate
Value in USD Billion
4.7%
2025-2034
Rubber Tired Gantry Crane Market Outlook
*this image is indicative*
Key Trends in the Rubber Tired Gantry Crane Market
A rubber tired gantry crane refers to a mobile gantry crane that operates to stack and ground intermodal containers. These cranes are suitable for usage in outdoor applications and can traverse large distances at a rapid rate while handling heavy cargo.
- The rising demand for coal and iron ore due to rapid urbanisation and industrialisation is bolstering the rubber tired gantry crane market growth. The gantry cranes aid in easy transportation of the materials due to their high stacking density which allows them to maximise terminal space utilisation.
- The increasing popularity of electric rubber tired gantry cranes owing to their ability to reduce hazardous emissions and wastes is providing lucrative growth opportunities to the market. Additionally, the installation of electric cranes reduces fuel consumption which aids in cost savings.
- The integration of smart technologies with cranes by various manufacturers is supporting the market expansion. These technologies include automated gantry steering for troubleshooting, analysing, and managing the productivity and status of the equipment and remote monitoring.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Global Rubber Tired Gantry Crane Market Segmentation
The EMR’s report titled “Global Rubber Tired Gantry Crane Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
- 8-Wheeler
- 16-Wheeler
Market Breakup by Power Supply:
- Diesel
- Electric
- Hybrid
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Rubber Tired Gantry Crane Market Share by Type
The 16-wheeler is expected to account for a significant rubber tired gantry crane market share owing to the comparatively lower costs of maintenance and spare parts. Additionally, the 16-wheeler rubber tired gantry crane offers enhanced driver safety and manoeuvrability. These cranes are used for large manufacturing units, cylindrical components, building unbalanced structures, and positioning pipelines, among others.
Rubber Tired Gantry Crane Market Share by Region
The Asia Pacific is anticipated to witness significant growth over the forecast period. This growth can be attributed to the prominent presence of various major manufacturers in the region and increasing investments towards research and development activities for the production of technologically advanced equipment. The rising transportation of iron ore and coal in various developing countries due to increasing industrialisation and urbanisation in the region are bolstering the rubber tired gantry crane market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Liebherr Group
Liebherr Group, headquartered in Bulle, canton of Fribourg, Switzerland, is one of the leading construction equipment manufacturing companies that provides user-oriented and high-quality products and services for their customers. The company specialises in earth moving technologies, rubber tired gantry cranes, and maritime cranes, among others.
Konecranes
Konecranes, headquartered in Hyvinkaa, Finland, is known for providing material handling solutions to a wide range of customers across different industries. The company specialises in rubber tired gantry cranes, crane maintenance, process cranes, machine tool service, and remote data monitoring, among others.
Mi-Jack Products, Inc.
Mi-Jack Products, Inc., headquartered in Illinois, United States, is one of the global leaders in innovative container handling solutions. The products provided by the company range from rubber tired gantry cranes, travelifts, and translifts, among others. The company is dedicated towards providing versatile, durable, and advanced products to their customers.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other rubber tired gantry crane market key players include SANY Group, Bedeschi S.p.A., ASCOM SPA, ElectroMech Material Handling Systems Pvt Ltd., Cargotec Corporation, Henan Yuantai Crane Machinery Import & Export Co,. Ltd., and Anupam Industries Limited, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 1.52 Billion in 2024.
The market is projected to grow at a CAGR of 4.70% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 2.41 Billion by 2034.
The major market drivers include rising requirement for transportation of iron ore and coal and increasing investments towards research and development activities.
The key trends fuelling the growth of the market include increasing popularity of electric rubber tired gantry cranes and integration of smart technologies with cranes.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types include 8-wheeler and 16-wheeler.
The key players in the market are Liebherr Group, Konecranes, Mi-Jack Products, Inc., SANY Group, Bedeschi S.p.A., ASCOM SPA, ElectroMech Material Handling Systems Pvt Ltd., Cargotec Corporation, Henan Yuantai Crane Machinery Import & Export Co,. Ltd., and Anupam Industries Limited, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Power Supply |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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