Rubber Tyred Gantry Crane Market Trends

Drivers

Rising Global Containerized Trade

• Trade via containers has increased exponentially in recent years and this trend is projected to boost sales of rubber tyred gantry crane as they are highly essential in managing intermodal operations are different sites.

Adoption of Automation in Material Handling

• Companies are continually looking to automate their operations to maximize operational efficiency and reduce errors, which is where products and machines such as rubber tyred gantry crane come in handy.

Restraints

High Costs of Ownership

• Owning a rubber tyred gantry crane is quite a capital-intensive task for any business and not many businesses are willing to spend such huge capital. Moreover, the maintenance cost of these machines is also very high and this also contributes to slow sales of rubber tyred gantry cranes.