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Ship-to-Shore Cranes Market: Introduction

  • The single most essential piece of equipment in each container terminal is the ship-to-shore (STS) crane. STS cranes are huge dockside gantry cranes used to load and unload intermodal containers at container ports. Lifting capacity and the size of container ships they deal with are the two most common classifications. The crane is handled by a highly trained crane operator from a cabin suspended from the trolley at the upper end of the crane. The operator is the one who lifts the container off the ship or dock for cargo unloading or loading. The market for ship-to-shore cranes is expected to witness significant growth during the forecast period.

Key Drivers and Opportunities of the Global Ship-to-Shore Cranes Market

  • Ports are one of the foundations of international economic dynamics, created by infrastructure and logistics that serve as the initial point of contact for goods and people arriving on their way to other destinations. The worldwide trend of transporting large volumes of cargo between nations has raised demand for ship-to-shore cranes for the purpose of loading and unloading activities at ports in a short amount of time. During the forecast period, the market for ship-to-shore cranes is predicted to grow at a fast rate.
  • Technological advancements include automation and remote operation of STS cranes through joysticks or computers. Furthermore, increased operational efficiency and optimal power intake resulting in lower energy consumption are a few of the reasons that are likely to drive the adoption of ship-to-shore cranes at ports globally during the forecast period.
  • Ship-to-shore cranes provide a number of advantages and benefits, including lower self-weight and center of gravity, high reliability and minimum downtime, low lifecycle costs, and anti-sway reeving, to name a few. Ship-to-shore cranes are expected to see increased usage in ports over the forecast period due to their several advantages and benefits.
  • However, during the forecast period, the market for ship-to-shore cranes is anticipated to be hampered by high installation costs, high maintenance costs, and a shortage of components and equipment necessary to put up cranes in remote and undeveloped locations.

Asia Pacific to Hold Major Share of the Global Ship-to-Shore Cranes Market

  • In terms of region, the ship-to-shore cranes market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • During the forecast period, Asia Pacific is estimated to account for dominant share of the worldwide ship-to-shore cranes market. Container traffic in the region has risen exponentially as a result of increasing demand for products. This factor is expected to encourage port growth in Asia Pacific. The Asia Pacific region's rising container traffic has prompted governments to invest in port expansion. This is expected to encourage the installation of devices which are critical in container handling operations such as ship-to-shore cranes.

Key Players Operating in the Global Ship-to-Shore Cranes Market

  • Anupam Industries Limited
  • Cargotec Corporation
  • Dana Limited
  • Konecranes Oyj
  • Liebherr-International AG
  • Mac Port - Port Operators Machinery SRL
  • Noell Crane Systems (China) Limited
  • Shanghai Zhenhua Heavy Industries Co., Ltd.
  • Wison Group

Global Ship-to-Shore Cranes Market: Research Scope

Global Ship-to-Shore Cranes Market, by Outreach

  • Less than 40 m
  • 40 m to 50 m
  • Above 50 m

Global Ship-to-Shore Cranes Market, by Lifting Capacity

  • Panamax Ship-to-Shore Cranes
  • Post Panamax Ship-to-Shore Cranes
  • Super-Post Panamax Ship-to-Shore Cranes

Global Ship-to-Shore Cranes Market, by Lift Configuration

  • Single
  • Double
  • Tandem

Global Ship-to-Shore Cranes Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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.

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Ship To Shore Cranes Market