PUBLISHER: Grand View Research | PRODUCT CODE: 2152740
PUBLISHER: Grand View Research | PRODUCT CODE: 2152740
The global rubber-tired gantry crane market size was valued at USD 1.5 billion in 2025 and is projected to grow from USD 1.6 billion in 2026 to USD 2.3 billion by 2033, at a CAGR of 5.5% from 2026 to 2033. North America dominated the market, accounting for a revenue share of 41.0% in 2025. The market is driven by the increasing adoption of automated and energy-efficient rubber-tired gantry crane (RTG) cranes that enhance terminal productivity and reduce operating costs. Advancements in automation, remote monitoring, and smart port technologies are further supporting market growth. In addition, rising containerized trade and transshipment activities are encouraging investments in port infrastructure across emerging economies such as China, India, Mexico, and Colombia, creating growth opportunities for RTG crane manufacturers.
Favorable government initiatives to develop ports, such as port capacity expansion and infrastructure development, are driving demand for rubber-tired gantry cranes. The high cost of installation and maintenance services is expected to restrain the market. Moreover, upgrading existing equipment adds to the organization's expenses.
The growing population in emerging economies has increased demand for goods and raw materials. It has subsequently contributed to a significant increase in trade volumes across developing regions, thereby spurring investments in port infrastructure. Furthermore, the increase in vessel size due to rising trade volumes has led to the implementation of sophisticated container-handling equipment such as rubber-tired gantry cranes. These cranes offer effective container management capabilities owing to high operational efficiency.
Global Rubber Tired Gantry Crane Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each sub segment from 2021 to 2033. For this study, Grand View Research has segmented global rubber tired gantry crane market report on the basis of type, power supply, and region.
8 Wheel
16 Wheel
Diesel
Electric
Hybrid
North America
Europe
Asia Pacific
Latin America
Middle East And Africa