Published by FACT MR
Posted on September 24, 2021
5 min readLast updated: February 2, 2026
The gantry crane market is set to exceed $3 billion by 2031, driven by infrastructure growth and demand for portable, IoT-enabled cranes.
The global gantry crane market is anticipated to surpass a valuation of US$ 3 billion by 2031, expanding at a healthy CAGR of approximately 6% throughout the 2021-2031 forecast period, according to a recently published report on the subject by award-winning consulting firm Fact.MR. Rapid expansion of key public infrastructure such as shipyards, airports, seaports and highways are majorly driving market growth.
Key end users are leaning towards lightweight, portable and easy-to-use gantry cranes, such as those manufactured from aluminum, in order to attain greater economies of scale with respect to production. Additionally, emphasis on connected technologies, including IoT-enabled GPS powered gantry cranes, are also surging in popularity.
For instance, in February 2021, Konecranes collaborated with telecommunications company Telia to optimize port operations with 5G technology and analytics, including monitoring port handling equipment such as gantry cranes across Finland. Likewise, Schildknecht offers the DATAEAGLE 7050 gateway with various fieldbus interfaces to be mounted on rubber tired gantry cranes.
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“Ever-widening scope of construction and infrastructure activities is prompting key manufacturers to introduce highly efficient and flexible gantry cranes suitable for key operations within the industry, widening growth prospects,”says a Fact.MR analyst.
Prominent gantry crane manufacturers as profiled in Fact.MR’s report include JASO Industrial Cranes, Aicrane Machinery Group, Doosan Heavy Industries Vietnam Co, Shanghai Zhenhua Heavy Industries Co. Ltd., Mi-Jack Products, TNT Crane & Rigging, Liebherr Group, SANY GROUP, Konecranes Plc., and Mammoet Holding B.V, among others.
Fact.MR, in its new offering, presents an unbiased analysis of the gantry crane market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of type (full gantry cranes, semi gantry cranes, truss gantry cranes, and portable gantry cranes), operation (manual and automatic), lifting capacity (less than 30 tons, 30-50 tons, and more than 50 tons) and end use (automotive, metal & mining, construction, paper & pulp, aerospace, utility, shipyards, and others) across five major regions of the world (North America, Europe, Asia Pacific, Middle East & Africa, and South America).
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The post Why is Demand for Transportable Gantry Cranes Increasing across the Construction Industry: Report Fact.MR appeared first on The Cloud Tribune.
The article discusses the rising demand for transportable gantry cranes in the construction industry.
They offer ease of use, lightweight design, and are suitable for various construction applications.
IoT-enabled and GPS-powered gantry cranes are becoming increasingly popular for their efficiency.
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