Rail Mounted Gantry Crane Market Share, Growth and Segment To 2025 Rail Mounted Gantry (RMG) Crane Market

Rail Mounted Gantry (RMG) Crane Market Size Worth USD
399.7 Million by 2025
“The global rail mounted gantry (RMG) crane market is expected to reach USD 399.7 million
by 2025. The increasing global trade, vessel sizes, and port investments are the primary
factors driving the market”
The global rail mounted gantry (RMG) crane market is expected to reach USD 399.7
million by 2025, according to a new study by Grand View Research, Inc. The increasing
global trade, vessel sizes, and port investments are the primary factors driving the
market.
The growth of marine transport has compelled ship owners to introduce large-sized
vessels that are capable of transporting a large number of containers simultaneously.
Such factors are also pressurizing port operators to improve their existing facilities for
catering the increasing number of large-sized vessels.
The growing trade activities across Asia Pacific and Middle East & Africa (MEA) regions
are anticipated to increase transshipments. The growth in transshipments is expected to
propel the need of bigger vessels, so that it becomes easier to transport more number
of containers between two ports at a time. Thus, driving the need of cranes that can
handle large number of containers, at a much faster speed.
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