Rubber Tyred Gantry Crane Market Updates

Global Rubber Tyred Gantry Crane Market size was valued at USD 1.4 billion in 2023 and is poised to grow from USD 1.48 billion in 2024 to USD 2.29 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032). 

Rubber tyred gantry crane manufacturers focus on electrification of their products if they wish to stay relevant in the future. Market players can also collaborate and partner with material handling companies to develop customized solutions. Rubber tyred gantry crane companies should also focus on sustainability to maximize their sales potential in the long run. 'Palfinger AG (Austria) ', 'Anhui HeLi Co. (China) ', 'Liebherr Group (Switzerland) ', 'Hyster-Yale Materials Handling (US) ', 'Mantsinen Group (Finland) ', 'SANY Group (China) ', 'Terex Corporation (US) ', 'Gottwald Port Technology (Germany, part of Konecranes) ', 'ZPMC (China) ', 'Kalmar (Finland, part of Cargotec Corporation) '

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.

Electrification of Cranes: Rubber tyred gantry crane manufacturers should focus on powering their machinery with electricity to comply with modern sustainability mandates and reduce emissions. Companies can collaborate with electric vehicle manufacturers to improve their business potential in the long run.

The Asia Pacific region is slated to account for a dominant share of the global rubber tyred gantry crane market owing to the rapid surge in import and export activity in Asian countries. Growing industrialization and urbanization are also key catalysts promoting the adoption of rubber tyred gantry crane in different industry verticals. Presence of key trading countries such as India, China, and Japan in this region also allows rubber tyred gantry crane companies to maximize their sales and revenue generation potential going forward.