Product Code: ETC292704 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India gantry crane market import shipments experienced a significant growth trend with a noteworthy CAGR from 2020 to 2024. However, there was a sharp decline in the growth rate between 2023 and 2024, indicating a sudden slowdown in market expansion. Overall, the market exhibited strong momentum followed by a sudden deceleration.
The India gantry crane market is experiencing robust growth, fueled by the increasing need for efficient material handling solutions in various industries, including construction, logistics, and manufacturing. Additionally, domestic manufacturers and gantry crane suppliers also contribute to the market, providing customized solutions for specific customer requirements. As India invests in infrastructure and industrial projects, the gantry crane market is expected to witness sustained expansion.
The India Gantry Crane market is expected to grow steadily in the coming years, driven by infrastructural development and the expansion of the manufacturing and logistics sectors. Gantry cranes play a vital role in handling heavy loads efficiently, contributing to increased productivity and reduced labor costs. With the government`s focus on improving port infrastructure and the growth of industrial activities, the demand for gantry cranes is set to rise.
The India Gantry Crane market is expected to witness growth in line with the country`s infrastructure development and industrial expansion. Gantry cranes are widely used in construction, logistics, and manufacturing sectors for material handling operations. However, challenges such as the high initial costs of installation and operation, as well as safety concerns related to the handling of heavy loads, need to be addressed to foster the widespread adoption of gantry cranes.
The gantry crane market in India has been witnessing steady growth, fueled by the growing infrastructure development and manufacturing sectors. Gantry cranes are widely used in ports, construction sites, warehouses, and manufacturing facilities for material handling purposes. The market`s outlook remains positive, with the government`s continued focus on infrastructure projects and the revival of industrial activities post the pandemic. However, during the COVID-19 outbreak, there were temporary disruptions in the supply chain and construction activities, affecting the gantry crane market. Despite these challenges, the long-term prospects for the India gantry crane market are promising, as the economy rebounds and investments in infrastructure projects increase.
Key players in the market, such as Konecranes Plc, Demag Cranes AG, and Street Crane Company Limited, offer a wide range of gantry cranes, catering to different load capacities and applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Gantry Crane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gantry Crane Market Revenues & Volume, 2021 & 2031F |
3.3 India Gantry Crane Market - Industry Life Cycle |
3.4 India Gantry Crane Market - Porter's Five Forces |
3.5 India Gantry Crane Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.6 India Gantry Crane Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Gantry Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India |
4.2.2 Growing demand for efficient material handling solutions in various industries |
4.2.3 Technological advancements leading to the development of advanced gantry crane systems |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with gantry cranes |
4.3.2 Lack of skilled labor for operating and maintaining gantry cranes |
4.3.3 Regulatory challenges and compliance requirements in the Indian market |
5 India Gantry Crane Market Trends |
6 India Gantry Crane Market, By Types |
6.1 India Gantry Crane Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 India Gantry Crane Market Revenues & Volume, By End-Use, 2021-2031F |
6.1.3 India Gantry Crane Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.4 India Gantry Crane Market Revenues & Volume, By Metal & Mining, 2021-2031F |
6.1.5 India Gantry Crane Market Revenues & Volume, By Construction, 2021-2031F |
6.1.6 India Gantry Crane Market Revenues & Volume, By Warehouses, 2021-2031F |
6.1.7 India Gantry Crane Market Revenues & Volume, By Utility, 2021-2031F |
6.1.8 India Gantry Crane Market Revenues & Volume, By Shipyards & Ports, 2021-2031F |
6.2 India Gantry Crane Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Gantry Crane Market Revenues & Volume, By Full Gantry Crane, 2021-2031F |
6.2.3 India Gantry Crane Market Revenues & Volume, By Semi Gantry Crane, 2021-2031F |
6.2.4 India Gantry Crane Market Revenues & Volume, By Truss Gantry Crane, 2021-2031F |
6.2.5 India Gantry Crane Market Revenues & Volume, By Portable Gantry Crane, 2021-2031F |
7 India Gantry Crane Market Import-Export Trade Statistics |
7.1 India Gantry Crane Market Export to Major Countries |
7.2 India Gantry Crane Market Imports from Major Countries |
8 India Gantry Crane Market Key Performance Indicators |
8.1 Average utilization rate of gantry cranes in different industries |
8.2 Adoption rate of automation and IoT technologies in gantry crane systems |
8.3 Maintenance downtime ratio for gantry cranes |
9 India Gantry Crane Market - Opportunity Assessment |
9.1 India Gantry Crane Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.2 India Gantry Crane Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Gantry Crane Market - Competitive Landscape |
10.1 India Gantry Crane Market Revenue Share, By Companies, 2024 |
10.2 India Gantry Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |