PUBLISHER: IMARC | PRODUCT CODE: 1636309
PUBLISHER: IMARC | PRODUCT CODE: 1636309
The global rail mounted gantry crane market size reached USD 375.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 499.8 Million by 2033, exhibiting a growth rate (CAGR) of 3.2% during 2025-2033. The increasing demand for environmentally friendly rail mounted gantry (RMG) cranes, extensive research and development (R&D) activities to produce technologically advanced RMG cranes, and the implementation of various government initiatives represent some of the key factors driving the market.
Rail mounted gantry (RMG) cranes are a type of large industrial overhead crane typically used to load and unload cargo. They consist of a steel structure, spreader, anti-sway system, crane traveling mechanism, lifting mechanism, container spreaders, electrical equipment, micro-transfer mechanism, and other necessary auxiliary equipment. RMG cranes are widely used to load, unload, move and stack in dockyards and rail yards. They are designed with safety features, such as anti-collision systems, load moment indicators, and emergency stop buttons to ensure the safe operation of the crane and offer enhanced efficiency and cost-effectiveness. As compared to other container handling cranes, RMG cranes possess steel wheels that make them capable of enduring heavy-weight containers and managing large volumes of cargo.
The increasing trade and logistics across the globe are among the key factors driving the market growth. RMG cranes are widely used in handling heavy bags of bulk materials and stacking and moving shipping containers. In line with this, the widespread product adoption due to its several advantages, such as an increase in productivity owing to faster operation, ease of maneuverability, flexibility of construction, and ability to handle large sizes and loads of containers, is favoring the market growth. Moreover, increasing urbanization and industrial activities, coupled with the upgradation of existing infrastructure and the rising demand for efficient and safe bulk handling machinery, are acting as another growth-inducing factor. Apart from this, various technological advancements, such as automation and digitalization in RMG cranes that help in minimal human intervention and can be programmed to automatically load and unload cargo, improving efficiency, safety, and accuracy, are providing an impetus to the market growth. Additionally, the integration of smart features such as remote operation, container positioning systems, and non-contact collision systems is propelling the market growth. Furthermore, the increasing demand for environmentally friendly RMG cranes that help to reduce emissions and pollution is positively influencing the market growth. Other factors, including the rising expenditure capacities of consumers, the increasing demand for autonomous RMG cranes and bulk cargo, extensive research and development (R&D) activities to produce technologically advanced RMG cranes, and the implementation of various government initiatives to control pollution, are creating a positive outlook for the market.
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