Technology Research Reports Rubber Tired Gantry Crane Market

Rubber Tired Gantry Crane Market Analysis, Size, Growth,
Share & Forecast to 2025 | Grand View Research Inc.
“Rubber Tired Gantry Crane Market Size Worth $1.64 Billion By 2025”
The global rubber-tired gantry (RTG) crane market is expected to reach USD 1.64 billion by 2025, according to
a new study by Grand View Research, Inc. Advancements in technologies, such as Active Load System (ALS),
are expected to fuel the market growth over the forecast period. RTGs equipped with ALS technology help in
increasing the stability of the container during transportation.
The increasing seaborne trade due to rapid industrialization has led to the development of port infrastructure
across the globe. The growth in seaborne trade can be attributed to the increasing population, especially in
developing regions. Moreover, flexible taxation across various regions for the import of goods has led to an
increase in incoming container traffic. This stimulates the implementation of robust container handling
equipment such as RTGs.
The recent advancements in the technology have helped in increasing the efficiency of cranes during loading
and unloading of the container from the ship. Cranes are being remotely controlled through a wireless medium
established at a common control center that enhances driver safety and operational convenience.
The growth in vessel size due to increase in global trade has stimulated the usage of RTGs in various ports for
improving container handling capacity. The equipment operates with fewer performance deviations and carries
out container stacking in lower number of moves, thereby saves fuel and time of operation.
Market participants are increasingly focusing on green technology due to stringent government regulations
pertaining to pollution and emission limits across various regions. Moreover, the use of RTGs equipped with
electric drives can be optimized to consume less power.
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