Ship-to-Shore Cranes Market is Estimated to Witness High Growth Owing to Automation and Operational Efficiency

To attain economies of scale, shipping lines are opting for larger container ships with capacities exceeding 20,000 TEUs. This is challenging existing port infrastructure and boosting investments in advanced ship-to-shore cranes with higher rated loads and outreach. Their automated feature

Ship-to-shore cranes, commonly known as gantry cranes, are large dockside gantry cranes used for loading and unloading container ships and bulk cargo carriers. They are mounted on rails on quay cranes and have an outreach of over 50 meters. Ship-to-shore cranes can lift loads over 50 tons and transfer shipping containers directly between vessels and transport vehicles. They offer high operational efficiency by reducing loading times and improving port throughput.

The global ship-to-shore cranes market is estimated to be valued at US$3 billion in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024-2030.

Key Takeaways

Key players operating in the ship-to-shore cranes market are ZPMC, Liebherr, Konecranes, Sany, Kalmar. They collectively account for over 60% of the global market share.

The growing maritime trade and increasing vessel sizes represent major growth opportunities in the Ship-to-Shore Cranes Market Demand. Advancements in automation and remote-control capabilities are allowing ship-to-shore cranes to achieve higher efficiencies. Tech companies are working on integrating Internet of Things (IoT) and artificial intelligence into ship-to-shore cranes to optimize operations.

Market Drivers

Growing international seaborne trade: Majority of international trade is transported via sea routes, driving the demand for modernization of port infrastructure including ship-to-shore cranes. The rising imports and exports of finished products and raw materials are increasing the throughput at ports.
Growing vessel sizes: To attain economies of scale, shipping lines are opting for larger container ships with capacities exceeding 20,000 TEUs. This is challenging existing port infrastructure and boosting investments in advanced ship-to-shore cranes with higher rated loads and outreach. Their automated features ensure smooth handling of extra-large vessels.

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