Port Crane Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Port Crane Market Trends and Forecast

The future of the global port crane market looks promising with opportunities in the container handling, stacking, bulk handling, and scrap handling markets. The global port crane market is expected to reach an estimated $13.0 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are rapidly growing construction activities along with rising demand for greater speeds and capacity for loading containers on ships, and increasing number of port automation programs across the globe.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here.

Port Crane Market by Segment

The study includes trends and forecast for the global port crane market by type, application, and region, as follows:

Port Crane Market by Type [Shipment Analysis by Value from 2017 to 2028]:

Ship to Shore Container Cranes

Mobile Harbor Cranes

Permanently-Installed Cranes

Rail Mounted Gantry Cranes
Port Crane Market by Application [Shipment Analysis by Value from 2017 to 2028]:

Container Handling

Stacking

Bulk Handling

Scrap Handling

Others
Port Crane Market by Region [Shipment Analysis by Value from 2017 to 2028]:

North America

Europe

Asia Pacific

The Rest of the World
List of Port Crane Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, port crane companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the port crane companies profiled in this report include:

Liebherr

Konecranes

SENNEBOGEN

Street Crane

BKRS

Terex

Yufei Heavy Industries

SANY

Bromma

GENMA

Guangdong Yongtong Machinery
Port Crane Market Insights

Lucintel forecasts that ship to shore container cranes will remain the highest growing segment over the forecast period due to growing cargo transportation globally and rising demand for goods from various industries, such as automobile, consumer goods, chemicals, and materials.

Within this market, bulk handling will remain the fastest growing segment because it is the efficient and reliable method of handling various amounts of bulky goods by usage of grabbing hoists and it helps the crane operators to handle about 2,300 tons every hour.

APAC will remain the fastest growing region over the forecast period due to growing investments across key industries including automotive and construction across countries, like China and India, and increasing number of infrastructure development projects in the region.
Features of the Port Crane Market

Market Size Estimates: Port crane market size estimation in terms of value ($B)

Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

Segmentation Analysis: Port crane market size by various segments, such as by type, application, and region

Regional Analysis: Port crane market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different by type, application, and regions for the port crane market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the port crane market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ

Q1. What is the port crane market size?

Answer: The global port crane market is expected to reach an estimated $13.0 billion by 2028.

Q2. What is the growth forecast for port crane market?

Answer: The global port crane market is expected to grow with a CAGR of 4.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the port crane market?

Answer: The major drivers for this market are rapidly growing construction activities along with rising demand for greater speeds and capacity for loading containers on ships, and increasing number of port automation programs across the globe.

Q4. What are the major segments for port crane market?

Answer: The future of the global port crane market looks promising with opportunities in the container handling, stacking, bulk handling, and scrap handling markets.

Q5. Who are the key port crane companies?

Answer: Some of the key port crane companies are as follows:

Liebherr

Konecranes

SENNEBOGEN

Street Crane

BKRS

Terex

Yufei Heavy Industries

SANY

Bromma

GENMA

Guangdong Yongtong Machinery
Q6. Which port crane segment will be the largest in future?

Answer:Lucintel forecasts that ship to shore container cranes will remain the highest growing segment over the forecast period due to growing cargo transportation globally and rising demand for goods from various industries, such as automobile, consumer goods, chemicals, and materials.

Q7. In port crane market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the fastest growing region over the forecast period due to growing investments across key industries including automotive and construction across countries, like China and India, and increasing number of infrastructure development projects in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global port crane market by type (ship to shore container cranes, mobile harbor cranes, permanently-installed cranes, and rail mounted gantry cranes), application (container handling, stacking, bulk handling, scrap handling, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


Please note: It will take 2-3 business days to deliver the report upon receipt the order.