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Global Gantry Crane Market to reach USD 5.43 billion by 2027.

Global Gantry Crane Market, by Type (Full Gantry Crane, Semi Gantry Crane, Truss Gantry Crane, and Portable Gantry Crane), by Operation (Manual and Automatic), by Lifting Capacity (50 Ton), by End Use (Automotive, Metal & Mining, Construction, Warehouses, Aerospace, Utility, Shipyards & Ports, and Others) and Regional Forecasts 2020-2027.

Product Code: OIRIMAE_99832499
Publish Date: 1-10-2020
Page: 200

Global Gantry Crane Market is valued at approximately at USD 3.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.9 % over the forecast period 2020-2027. Gantry crane or industrial cranes are primarily operated for material handling applications in industrial spaces, consisting of a hoist, trolley and girder. The girder helps the trolley and the hoist to pass along the length of the crane from side to side. The driving factors of the market could be attributed to the rise in governmental investment for the development of infrastructural activities, in emerging economies such as India and other developing countries, ever-increasing infrastructure growth is generating stable revenue streams for companies in the gantry crane industry. The portal crane market is being stormed by self-erecting portable overhead cranes. Air Technical Industries, for example, a manufacturer of advanced specialty material handling equipment, is known for its groundbreaking double or single girder gantry crane, which operates on a push button and omits the need for trained workers. In the portal crane market, companies are budding the accessibility of high-quality overhead cranes and hoists that are beneficial in applications for manufacturing, mining, and warehouse management. For example, Load mate, a crane dealer in Gujarat, India, is setting up robust supply chains for semi gantry cranes and tired rubber cranes to meet customer requirements in utilities, metal and mining. Similarly, in October 2020, Liebherr-International AG expanded the capacity of its current site at Newport News, Virginia. . The new site will improve the capacity of the company for expanded courses & in-house training, manufacturing, preparation of equipment, product service, and delivery of parts for the nine separate product divisions falling under Liebherr USA. Konecranes completed the MHE-Demag acquisition in January 2020. This acquisition would help Konecranes expand its presence and meet the needs of Southeast Asian consumers. Gantry cranes, however, have limitations in size and lifting capacity, and are likely to impact the growth of the demand for gantry cranes. Thus, this may hamper the growth of the gantry crane market.

The regional analysis of the global Gantry Crane Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share because of ever-increasing infrastructure growth in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate CAGR over the forecast period 2020-2027, owing to the rise in governmental investment for the development of infrastructural activities

Major market player included in this report are:
JASO Industrial Cranes
Aicrane Machinery Group
Doosan Heavy Industries Vietnam Co.
Mi-Jack Products, Inc.
Mammoet Holding B.V.
TNT Crane & Rigging
Shanghai Zhenhua Heavy Industries Co., Ltd.
Konecranes Oyj
Sany Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Type:
Full Gantry Crane
Semi Gantry Crane
Truss Gantry Crane
Portable Gantry Crane
by Operation:

by Lifting Capacity:
50 Ton
by End Use:
Metal & Mining
Shipyards & Ports,

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Gantry Crane Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Gantry Crane Market, by Region, 2018-2027 (USD Billion)
1.2.2. Gantry Crane Market, by Type, 2018-2027 (USD Billion)
1.2.3. Gantry Crane Market, by Operation, 2018-2027 (USD Billion)
1.2.4. Gantry Crane Market, by Lifting Capacity, 2018-2027 (USD Billion)
1.2.5. Gantry Crane Market, by End-Use, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Gantry Crane Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Gantry Crane Market Dynamics
3.1. Gantry Crane Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Gantry Crane Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Gantry Crane Market, by Type
5.1. Market Snapshot
5.2. Global Gantry Crane Market by Type, Performance – Potential Analysis
5.3. Global Gantry Crane Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Gantry Crane Market, Sub Segment Analysis
5.4.1. Full Gantry Crane
5.4.2. Semi Gantry Crane
5.4.3. Truss Gantry Crane
5.4.4. Portable Gantry Crane
Chapter 6. Global Gantry Crane Market, by Operation
6.1. Market Snapshot
6.2. Global Gantry Crane Market by Ma Operation, Performance – Potential Analysis
6.3. Global Gantry Crane Market Estimates & Forecasts by Operation 2017-2027 (USD Billion)
6.4. Gantry Crane Market, Sub Segment Analysis
6.4.1. Manual
6.4.2. Automatic
Chapter 7. Global Gantry Crane Market, by Lifting Capacity.
7.1. Market Snapshot
7.2. Global Gantry Crane Market by Lifting Capacity, Performance – Potential Analysis
7.3. Global Gantry Crane Market Estimates & Forecasts by Lifting Capacity 2017-2027 (USD Billion)
7.4. 50 Ton
Chapter 8. Global Gantry Crane Market, by End-Use
8.1. Market Snapshot
8.2. Global Gantry Crane Market by Communication End-Use, Performance – Potential Analysis
8.3. Global Gantry Crane Market Estimates & Forecasts by Communication End-Use 2017-2027 (USD Billion)
8.4. Gantry Crane Market, Sub Segment Analysis
8.4.1. Automotive
8.4.2. Metal & Mining
8.4.3. Construction
8.4.4. Warehouses
8.4.5. Aerospace
8.4.6. Utility
8.4.7. Shipyards & Ports,
8.4.8. Others
Chapter 9. Global Gantry Crane Market, Application
9.1. Gantry Crane Market, Regional Market Snapshot
9.2. North America Gantry Crane Market
9.2.1. U.S. Gantry Crane Market Type breakdown estimates & forecasts, 2017-2027 Operation breakdown estimates & forecasts, 2017-2027 Lifting Capacity breakdown estimates & forecasts, 2017-2027 End-Use breakdown estimates & forecasts, 2017-2027

9.2.2. Canada Gantry Crane Market
9.3. Europe Gantry Crane Market Snapshot
9.3.1. U.K. Gantry Crane Market
9.3.2. Germany Gantry Crane Market
9.3.3. France Gantry Crane Market
9.3.4. Spain Gantry Crane Market
9.3.5. Italy Gantry Crane Market
9.3.6. Rest of Europe Gantry Crane Market
9.4. Asia-Pacific Gantry Crane Market Snapshot
9.4.1. China Gantry Crane Market
9.4.2. India Gantry Crane Market
9.4.3. Japan Gantry Crane Market
9.4.4. Australia Gantry Crane Market
9.4.5. South Korea Gantry Crane Market
9.4.6. Rest of Asia Pacific Gantry Crane Market
9.5. Latin America Gantry Crane Market Snapshot
9.5.1. Brazil Gantry Crane Market
9.5.2. Mexico Gantry Crane Market
9.6. Rest of The World Gantry Crane Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. JASO Industrial Cranes Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Aicrane Machinery Group
10.2.3. Doosan Heavy Industries Vietnam Co.
10.2.4. Mi-Jack Products, Inc.
10.2.5. Mammoet Holding B.V.
10.2.6. TNT Crane & Rigging
10.2.7. Shanghai Zhenhua Heavy Industries Co., Ltd.
10.2.8. Konecranes Oyj
10.2.9. Sany Group
10.2.10. Liebherr
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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