A new report published by Transparency Market Research predicts that the global rubber tired gantry crane market will be driven by increased trading between countries. Furthermore, increase in urbanization, globalization, and industrialization are propelling the demand for imports and exports via ships and cargo planes, which, in turn, increases the number of container to be loaded and grounded. RTG cranes are able to move in multiple directions and can achieve flexible motion. They are easy to operate and offer efficient performance. These features make them suitable for loading and unloading operations of containers. All these factors are influencing the global rubber tired gantry crane market to grow rapidly.
A rubber tired gantry (RTG) crane is a portable crane, especially used to load or ground containers. Besides containers, RTG cranes are extensively used for handling large construction structures, manufacturing components, and pipeline structures. As their name indicates, RTG cranes utilize tires for movement. RTG cranes have a huge metal structure arrangement, which utilizes a hoist equipment in order to perform loading and unloading of containers and other heavy equipment and parts.
The report has segmented the global rubber tired gantry crane market on the basis of power supply, number of wheels, and region. In accordance with power supply, the global rubber tired gantry crane market is classified into three categories. Implementation of more stringent emission norms in order to minimize global emission levels, increased fuel prices, and development of more efficient electrified vehicles are likely to boost the demand for electric and hybrid RTG cranes across the globe. Electric RTG cranes are efficient, offer better performance, and are able to move significant loads. Due to this, the preference for electric and hybrid rubber tired gantry cranes is anticipated to increase in the near future.
To know more about each segment of the rubber tired gantry crane market in construction vehicle and the overall market outlook, click here.
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