A gantry crane is a type of overhead crane with a single or double girder configuration supported by freestanding legs that move on wheels or along a track or rail system. Gantry cranes are usually considered when there is a reason not to incorporate an overhead runway system. Gantry cranes are used in industries that deal with metal fabrication and ship building. The gantry crane does not require any building support. It helps to pick and shift heavy loads at factories. It makes the shifting of heavy materials easy. Gantry cranes are generally used by mechanical contractors, in power generation facilities, water treatment plants, HVAC applications, and metal fabricating facilities. These industries require shifting of heavy materials which can easily be done by a gantry crane. Gantry cranes are highly reliable and efficient. They can simply be rolled into an employee’s workstation and lifting can be done in seconds. When gantry crane follows the same path, it makes the moving more simple and fast. When space is not enough, a single leg gantry crane is suitable for lifting using a wall-mounted I-beam and a single A-frame leg.

Increasing investments by governments to promote domestic infrastructure is majorly driving the gantry crane market. The construction of various infrastructural facilities such as dams and buildings requires cement and other heavy material handling industry. These industries need to handle heavy loads involving shifting and picking of heavy material. Gantry cranes replace the manual work of shifting and picking of materials and reduce the labor cost, and minimize human intervention, thereby increasing workplace safety.

Rising demand for automated systems and increasing cost of labor is anticipated to contribute to the gantry crane market during the forecast period. The use of conventional human techniques, leading to low productivity and increased time consumption has prompted companies to manufacture highly effective material handling systems.

The demand for automated pick & place is on the rise since these systems offer features such as precise operational capability, contributing to the material handling equipment market demand.

Gantry cranes are used in automotive, metal, mining, railway, and transportation industries where material handling is crucial. Growing transportation industry is expected to fuel the demand for gantry crane market during the forecast period. Increase in domestic manufacture of heavy material industries is enhancing the demand for gantry cranes.

Gantry cranes reduce the operational time, improve the precision of work, and reduce product damage. These factors are driving the growth of the gantry crane market.

Non- availability of highly skilled machine operators and high lead time in machine delivery can hamper the growth of the gantry cranes market. High installation and maintenance cost of gantry cranes is also hampering the market. Emerging technologies and robotic systems is impacting the market due to automation of work which leads to reduced demand for gantry cranes.

The gantry crane market is segmented based on product type and end-user. In terms of product, the market is segmented into single main grider and double main grider. Based on end-user, the gantry crane market is segmented into mining, metal, steel chemical, transportation, and railway industries.

In terms of region, the gantry crane market is segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to have major share due to increasing number of manufacturers of heavy metal and steel industries. Due to CAGR of 13% in Asian region in the metal industry driven by growth in population and reasonable GDP growth

The major players in the gantry crane market are Eilbeck Cranes, Demag, Thern, EME, EMH, Spancho, Gorbel, Konecranes, Aceco etc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Gantry Crane Market

Pre Book