Rubber Tired Gantry Crane Market Report 2025 (Global Edition)

Global Rubber Tired Gantry Crane Market Report 2025 Market Size Split by Type (8-wheeler, 16-wheeler), by Application (Construction, Oil and Gas, Shipbuilding, Power and Utilities, Others), by Power S...

Rubber Tired Gantry Crane Market Report Description

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Competitive Landscape of the Rubber-Tired Gantry Crane Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

• In June 2023, Mi-Jack introduced its latest innovation in concrete and steel handling applications: the semi-autonomous operation of Travelift RTG cranes. With this new technology, multiple machines can now function without an operator. Combined with an auto-spreader, the process becomes even safer and more efficient as there is no requirement for rigging. This solution enhances productivity and improves overall operational efficiency in concrete and steel handling. 

(Source: https://mi-jack.com/mi-jack-introduces-semi-autonomous-cranes-for-concrete-and-steel-handling-applications/)

Top Companies Market Share in Rubber Tired Gantry Crane Industry: (In no particular order of Rank)

• Konecranes
• Kalmar Global (part of Cargotec Corporation)
• Liebherr Group
• ZPMC (Shanghai Zhenhua Heavy Industries Co. Ltd.)
• Anupam Industries Limited
• Doosan Corporation
• SANY Group
• Shuttlelift
• Mi-Jack Products
• Rtg Solutions
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

North America dominated the market in 2024 and accounted for around 40% of the global revenue.

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region's growing seaborne trade and demand for effective container handling solutions are driving growth in North America's Rubber Tired Gantry (RTG) Crane market. RTGs are becoming increasingly necessary to optimize port operations and efficiently allow the movement of commodities as import and export activities expand, especially in emerging markets such as the US and Canada.

The European region is witnessing an increase in the sales of reagents. The market for Rubber Tired Gantry (RTG) Cranes in Europe is expanding due to the region's growing seaborne trade and economic growth. RTGs are becoming more and more necessary to improve container handling efficiency in ports and intermodal yards, as countries like the Netherlands and Germany function as important maritime centers. RTG technology is being adopted throughout Europe due to the necessity for effective logistics solutions.

The current report Scope analyzes Rubber Tired Gantry Crane Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Rubber Tired Gantry Crane

According to Cognitive Market Research, the global Rubber Tired Gantry Crane market size was estimated at USD 1351.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 540.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. The booming marine traffic in North America and the demand for effective container handling solutions are fueling the market for Rubber Tired Gantry (RTG) Cranes. extensive ports on the East and West Coasts of the United States in particular are undergoing extensive infrastructural upgrades and expansions to handle rising cargo volumes. The adoption of electric-powered RTG cranes, which reduce environmental effect and align with sustainability efforts, is one market area that is experiencing substantial growth. The demand for RTG cranes is predicted to remain high as long as North America prioritizes port modernization and efficiency enhancements. This presents chances for suppliers and manufacturers to meet the changing demands of the maritime industry in the region while also promoting general economic expansion and logistics optimization.

Europe Rubber Tired Gantry Crane

According to Cognitive Market Research, with a market value of USD 1351.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 405.36 million. The region's thriving maritime trade and advanced port facilities are driving growth in the Rubber Tired Gantry (RTG) Crane market in Europe. RTG cranes are being purchased by major ports in nations like the Netherlands and Germany in order to increase the effectiveness of container handling and handle rising cargo quantities. The use of environmentally friendly electric-powered RTG cranes, which comply with European sustainability standards and aims, is one market sector propelling this expansion. The demand for RTG cranes is predicted to remain strong as Europe continues to prioritize improving port operations and minimizing environmental impact. This presents chances for manufacturers to offer creative solutions catered to the region's changing needs while enhancing the sustainability and efficiency of European ports.

Asia Pacific Rubber Tired Gantry Crane

According to Cognitive Market Research, the global Rubber Tired Gantry Crane market size was estimated at USD 1351.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031. The robust marine traffic and increasing need for effective container handling solutions in the Asia Pacific region are fueling the Rubber Tired Gantry (RTG) Crane market's rapid growth. Major ports in nations such as China, Singapore, and South Korea are making significant investments in RTG cranes in order to handle the growing amount of containerized goods. The use of enhanced automation and remote monitoring technologies in RTG cranes, which allow ports to increase operational productivity and efficiency, is one market driving this expansion. The demand for RTG cranes is anticipated to remain high as long as Asia Pacific maintains its dominance in global trade and makes significant investments in port infrastructure upgrades. This will present opportunities for manufacturers to offer creative solutions catered to the region's unique needs and support the region's continued growth.

South America Rubber Tired Gantry Crane

According to Cognitive Market Research, the global Rubber Tired Gantry Crane market size was estimated at USD 1351.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 67.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031. The region's growing marine trade and rising port infrastructure investments are driving growth in the Rubber Tired Gantry (RTG) Crane market in Latin America. The need for RTG cranes is being driven by major ports in nations like Brazil and Chile modernizing their infrastructure to handle bigger ships and increased cargo volumes. Adoption of electric or hybrid-powered RTG cranes, which lessen environmental effect and are in line with sustainability efforts, is one market driving this rise. The demand for RTG cranes is anticipated to remain high as Latin America prioritizes port modernization and strengthens its logistics capabilities. This will present chances for manufacturers to offer creative solutions catered to the region's unique needs and boost the productivity and competitiveness of Latin American ports in international maritime trade.

Middle East Rubber Tired Gantry Crane

According to Cognitive Market Research, the global Rubber Tired Gantry Crane market size was estimated at USD 1351.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. The Middle East and Africa (MEA) region's strategic location as a key trading hub and rising port infrastructure investments are driving the rubber tired gantry (RTG) crane market's continuous rise. The need for RTG cranes is being fueled by nations like Saudi Arabia and the United Arab Emirates updating its ports to handle bigger ships and handle increasing trade volumes. The use of enhanced automation and remote monitoring technologies in RTG cranes, which allow ports to increase operational productivity and efficiency, is one market driving this expansion. The need for RTG cranes is anticipated to stay high as long as MEA invests in port expansion projects and plays a significant role in international trade routes. This will present chances for manufacturers to offer creative solutions.

Rubber Tired Gantry Crane Market Analysis

Type Segment Analysis

According to Cognitive Market Research, 8-wheelers held the major market share over the forecast period. The Rubber Tired Gantry (RTG) crane market is expanding due to the 8-wheeler configuration's improved stability, load capacity, and maneuverability. Eight-wheeler RTGs are well-suited for harsh port and terminal conditions since they can manage greater cargoes and negotiate difficult terrain more skillfully due to their increased number of wheels. Operators looking to maximize their cranes' performance and operating efficiency are increasingly choosing this design.

16-wheeler is the fastest-growing category over the forecast period. The Rubber Tired Gantry (RTG) crane market is expanding because of the 16-wheeler configuration's improved maneuverability, higher load capacity, and superior stability. Large-scale container handling operations in ports and intermodal yards are perfect for 16-wheeler models because they have twice as many wheels as standard RTGs and can traverse tough terrain more skillfully.

• 8-wheeler
• 16-wheeler

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Rubber Tired Gantry Crane Industry. Request a Free Sample PDF!

Application Segment Analysis

According to Cognitive Market Research, Construction holds a prominent market share. The Rubber Tired Gantry (RTG) Cranes market is expanding due to the construction industry's use of these cranes for various heavy lifting and material handling applications. RTGs are useful for lifting and moving tools in construction projects, prefabricated parts, and building materials because of their efficiency, adaptability, and mobility. Construction site productivity is increased by their precise handling capabilities and capacity to negotiate various terrains.

Shipbuilding is the fastest-growing category over the forecast period. The market for these cranes is expanding because shipbuilding uses rubber-tired gantry (RTG) cranes to handle materials, equipment, and ship components during vessel construction. RTGs are useful tools in shipyards for lifting, moving, and arranging big, heavy ship parts because of their flexibility, mobility, and precision handling abilities. Their adaptability and efficiency lead to increased output.

• Construction
• Oil and Gas
• Shipbuilding
• Power and Utilities
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Rubber Tired Gantry Crane Power Supply Segment Analysis

According to Cognitive Market Research, Diesel held the major market share over the forecast period. RTGs with diesel engines have more mobility and versatility in port and terminal applications since they can run without external power sources. Diesel RTG cranes are necessary equipment for container handling operations because they effectively handle big loads, boosting output and productivity.

Electric is the fastest-growing category over the forecast period. The market is expanding due to the use of electric Rubber Tired Gantry (RTG) Cranes since they are economical, environmentally friendly, and operate well. Electric RTGs are becoming increasingly popular in ports and terminals worldwide since they are quieter, use less fuel, and produce less pollution than their diesel-powered counterparts. Their environmentally friendly attributes improve operational effectiveness and lower overall operating costs in line with sustainability goals.

• Diesel
• Electric
• Hybrid

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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