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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.
Port Crane Market by Type, and Application
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 Segments

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?
 
For any questions related to port crane market or related to port crane companies, port crane market size, port crane market share, port crane market growth, port crane market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Port Crane Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Port Crane Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Port Crane Market by Type
3.3.1: Ship to Shore Container Cranes
3.3.2: Mobile Harbor Cranes
3.3.3: Permanently-Installed Cranes
3.3.4: Rail Mounted Gantry Cranes
3.4: Global Port Crane Market by Application 
3.4.1: Container Handling
3.4.2: Stacking
3.4.3: Bulk Handling 
3.4.4: Scrap Handling
3.4.5: Others
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Port Crane Market by Region
4.2: North American Port Crane Market 
4.2.1: North American Port Crane Market by Type: Ship to Shore Container Cranes, Mobile Harbor Cranes, Permanently-Installed Cranes, and Rail Mounted Gantry Cranes
4.2.2: North American Port Crane Market by Application: Container Handling, Stacking, Bulk Handling, Scrap Handling, and Others  
4.3: European Port Crane Market  
4.3.1: European Port Crane Market by Type: Ship to Shore Container Cranes, Mobile Harbor Cranes, Permanently-Installed Cranes, and Rail Mounted Gantry Cranes
4.3.2: European Port Crane Market by Application: Container Handling, Stacking, Bulk Handling, Scrap Handling, and Others    
4.4: APAC Port Crane Market  
4.4.1: APAC Port Crane Market by Type: Ship to Shore Container Cranes, Mobile Harbor Cranes, Permanently-Installed Cranes, and Rail Mounted Gantry Cranes
4.4.2: APAC Port Crane Market by Application: Container Handling, Stacking, Bulk Handling, Scrap Handling, and Others    
4.5: ROW Port Crane Market  
4.5.1: ROW Port Crane Market by Type: Ship to Shore Container Cranes, Mobile Harbor Cranes, Permanently-Installed Cranes, and Rail Mounted Gantry Cranes
4.5.2: ROW Port Crane Market by Application: Container Handling, Stacking, Bulk Handling, Scrap Handling, and Others  
 
5. Competitor Analysis  
5.1: Product Portfolio Analysis  
5.2: Operational Integration  
5.3: Porter’s Five Forces Analysis
   
6. Growth Opportunities and Strategic Analysis  
6.1: Growth Opportunity Analysis   
6.1.1: Growth Opportunities for the Global Port Crane Market by Type
6.1.2: Growth Opportunities for the Global Port Crane Market by Application 
6.1.3: Growth Opportunities for the Global Port Crane Market Region
6.2: Emerging Trends in the Global Port Crane Market   
6.3: Strategic Analysis   
6.3.1: New Product Development   
6.3.2: Capacity Expansion of the Global Port Crane Market   
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Port Crane Market   
6.3.4: Certification and Licensing   
 
7. Company Profiles of Leading Players  
7.1: Liebherr
7.2: Konecranes
7.3: SENNEBOGEN
7.4: Street Crane
7.5: BKRS
7.6: Terex
7.7: Yufei Heavy Industries
7.8: SANY
7.9: Bromma
7.10: GENMA
7.11: Guangdong Yongtong Machinery 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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