The latest research study “Ship-To-Shore Cranes Market Growth: Global Industry Trends, Share, Size, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global ship-to-shore cranes market reached a value of US$ 2.73 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.71 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.
Ship-to-shore cranes are using to load and unload heavy ship containers. The great reliability, power regeneration, and strong structure of these cranes improve performance and make them ideal for automated terminals. Ship-to-shore cranes are becoming more and more commonplace as a result of the availability of modular, lightweight, and long-lasting designs from a number of manufacturers.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Ship-To-Shore Cranes Market Trends and Drivers:
The market is being driven in part by the growing popularity of online shopping sites for purchasing imported goods. Additionally, the market expansion is being fueled by the extensive promotion of manufacturing items locally and in international trade through favourable export and import policies by governing bodies of various nations.
In addition, the industry is being stimulated by technology developments such as external control of STS cranes and automation, which enable controllers to watch crane operations without eyesight distortion brought on by fog, rain, or wind.
Additionally, a good market picture is being produced by the increasing emphasis on port automation to reduce errors and the emphasis on integrating technology, such ship profiling systems (SPS) and electronic load systems (ELC).
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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Global Ship-To-Shore Cranes Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Binderholz GmbH, Dongwha Enterprise, EGGER Group, Evergreen Fibreboard Berhad, Georgia-Pacific LLC (Koch Industries Inc.), Green River Holding Co. Ltd., Kastamonu Entegre, Louisiana-Pacific Corporation, Sonae Arauco, Starbank Panel Products Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
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The report has segmented the market on the basis of region, product type, power supply, outreach and lifting capacity.
Breakup by Product Type:
- High Profile Cranes
- Low Profile Cranes
Breakup by Power Supply:
Market Breakup by Outreach:
- Upto 40m
- 40m to 49m
- 50m to 60m
- Greater than 60m
Breakup by Lifting Capacity:
- Panamax STS Cranes
- Post Panamax STS Cranes
- Super-Post Panamax STS Cranes
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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