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Rubber Tired Gantry Crane Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Rubber-Tired Gantry Crane Market Size, Growth Rate, And Forecast
The global rubber tired gantry crane market size grew from $1.18 billion in 2022 to $1.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rubber tired gantry crane market size is expected to grow to $1.61 billion in 2027 at a CAGR of 6.2%.
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Rubber-Tired Gantry Crane Market Drivers
An increase in seaborne trade is expected to propel the growth of the rubber-tired gantry crane market going forward. A rubber-tired gantry crane is a moving gantry crane commonly used in seaports for loading, unloading, and stacking containers that allow easy handling of cargo in the seaborne trade. So, an increase in seaborne trade has increased the use of rubber-tired gantry cranes in seaports for easy handling of heavy containers used in shipping via water.
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Rubber-Tired Gantry Crane Market Segments
• By Type: 8-Wheeler, 16-Wheeler
• By Power Supply: Diesel, Electric, Hybrid, Other Power Supplies
• By Application: Construction, Oil and Gas, Shipbuilding, Power and Utilities, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the rubber-tired gantry crane market.
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Rubber-Tired Gantry Crane Market Key Players
Major competitors in the rubber-tired gantry crane market include Anupam Industries Limited, KONE Corporation's Container Handling, Liebherr-International AG, Konecranes and Demag Private Limited, Reva Industries India Pvt. Ltd., SANY Heavy Industry India Pvt. Ltd., TNT Crane & Rigging Inc.
The Business Research Company's "Global Rubber-Tired Gantry Crane Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Rubber-Tired Gantry Crane Market Include:
1. Executive Summary
2. Rubber-Tired Gantry Crane Market Characteristics
3. Rubber-Tired Gantry Crane Market Trends And Strategies
4. Rubber-Tired Gantry Crane Market - Macro Economic Scenario
5. Rubber-Tired Gantry Crane Market Size And Growth
……
26. Africa Rubber-Tired Gantry Crane Market
27. Rubber-Tired Gantry Crane Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rubber-Tired Gantry Crane Market
29. Rubber-Tired Gantry Crane Market Future Outlook and Potential Analysis
30. Appendix
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