Product Code: ETC301704 | 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 portal crane market import shipments showcased a robust compound annual growth rate of 10.5% from 2020 to 2024. However, there was a significant decline in growth momentum between 2023 and 2024, with a decrease of 27.5%. Overall, the market displayed expansion but experienced a notable slowdown towards the end of the period.
The India portal crane market is experiencing growth as industries such as ports, logistics, and construction invest in efficient material handling solutions. This market`s outlook is driven by factors such as the increasing demand for cargo handling at ports and harbors, the growth of warehousing and distribution centers, and the adoption of portal cranes for their high lifting capacity and versatility. Additionally, the development of electric and hybrid portal cranes and the rising focus on automation and digitalization in material handling are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in global trade and logistics, but it is expected to recover as economic activities resume and trade volumes increase.
The India portal crane market is experiencing growth as industries seek efficient and versatile material handling solutions. This market`s outlook is driven by factors such as the increasing demand for port and harbor operations, the growth of the logistics and manufacturing sectors, and the adoption of portal cranes for their ability to handle heavy loads and cover a wide operational area. Additionally, the development of automated and smart portal cranes and the rising focus on safety and productivity in material handling are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in industrial activities and trade, but it is expected to recover with the resumption of economic activities and the expansion of infrastructure projects.
The India portal crane market is experiencing growth as industries such as ports, logistics, and manufacturing invest in efficient material handling solutions. This market`s outlook is driven by factors such as the increasing cargo handling activities at ports and container terminals, the growth of the e-commerce and warehousing sectors, and the adoption of portal cranes for their versatility and high load capacity. Additionally, the development of automated and remote-controlled portal cranes and the rising focus on safety and operational efficiency are further contributing to market growth. However, the market faces challenges, including high initial investment costs, the need for skilled operators and maintenance personnel, and the impact of the COVID-19 pandemic on trade and port operations.
The India portal crane market is experiencing growth as the country invests in port infrastructure and logistics capabilities. This market`s outlook is driven by factors such as the increasing demand for efficient and high-capacity material handling solutions, the growth of the shipping and container handling sectors, and the adoption of portal cranes for loading and unloading operations at ports and harbors. Additionally, the development of automated and electric portal cranes and the rising focus on real-time monitoring and safety features are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in global trade and economic activities, but it is expected to recover with the resumption of international shipping and trade activities.
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 Portal Crane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Portal Crane Market Revenues & Volume, 2021 & 2031F |
3.3 India Portal Crane Market - Industry Life Cycle |
3.4 India Portal Crane Market - Porter's Five Forces |
3.5 India Portal Crane Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 India Portal Crane Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Portal Crane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in India, leading to a higher demand for portal cranes. |
4.2.2 Growth in industries such as construction, logistics, and shipping, which require portal cranes for efficient operations. |
4.2.3 Technological advancements in portal crane designs, enhancing their efficiency and safety. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with portal cranes, limiting adoption by small and medium-sized enterprises. |
4.3.2 Lack of skilled labor for operating and maintaining portal cranes, hindering market growth. |
4.3.3 Regulatory challenges and compliance requirements affecting the procurement and usage of portal cranes. |
5 India Portal Crane Market Trends |
6 India Portal Crane Market, By Types |
6.1 India Portal Crane Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 India Portal Crane Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 India Portal Crane Market Revenues & Volume, By Gantry Crane, 2021-2031F |
6.1.4 India Portal Crane Market Revenues & Volume, By Half-Gantry Crane, 2021-2031F |
6.2 India Portal Crane Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Portal Crane Market Revenues & Volume, By Shipbuilding Industry, 2021-2031F |
6.2.3 India Portal Crane Market Revenues & Volume, By Port Loading and Unloading, 2021-2031F |
6.2.4 India Portal Crane Market Revenues & Volume, By Auto industry, 2021-2031F |
6.2.5 India Portal Crane Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.6 India Portal Crane Market Revenues & Volume, By Other, 2021-2031F |
7 India Portal Crane Market Import-Export Trade Statistics |
7.1 India Portal Crane Market Export to Major Countries |
7.2 India Portal Crane Market Imports from Major Countries |
8 India Portal Crane Market Key Performance Indicators |
8.1 Average utilization rate of portal cranes in key industries. |
8.2 Adoption rate of automation and remote monitoring technologies in portal crane operations. |
8.3 Number of infrastructure projects using portal cranes for material handling and logistics. |
8.4 Rate of innovation in portal crane designs and technologies. |
8.5 Training and certification levels of the workforce in operating portal cranes. |
9 India Portal Crane Market - Opportunity Assessment |
9.1 India Portal Crane Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 India Portal Crane Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Portal Crane Market - Competitive Landscape |
10.1 India Portal Crane Market Revenue Share, By Companies, 2024 |
10.2 India Portal Crane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |