The Ship To Shore Cranes Global Market Report 2023, provides comprehensive information on the ship to shore cranes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Ship To Shore Cranes Global Market Report 2023, the market size is expected to grow from $2.41 billion in 2022 to $2.89 billion in 2023, at a compound annual growth rate (CAGR) of 19.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of ship to shore cranes is expected to grow to $5.14 billion in 2027 at a CAGR of 15.5%.
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Automation and technological advancements are the key trends in the ship to shore cranes market. Automation has a remarkable impact on container management effectiveness and driver safety. The secure transfer of containers from a ship to a port is made possible by technologies like the Electronic Load System (ELC) and Ship Profiling System (SPS). Technological advancements like automation and remote computer or joystick control of STS cranes. Additionally, they permit the regulator to watch the crane operation without being hindered by fog, rain, or wind. Automation also aids in power intake optimization, which reduces crane emissions and noise. For instance, in June 2020, a Marine and Hydrokinetic Toolkit (MHKiT) was developed by the National Renewable Energy Laboratory (NREL), the Pacific Northwest National Laboratory (PNNL), and Sandia National Laboratories (SNL), and it was released as open-source software. By offering a toolbox of marine energy-specific functionality that enables quick data processing using open source, verified, and industry-standard data handling, MHKiT empowers the marine energy sector and enables the community to collaboratively develop and expand MHKiT in response to sector needs.
The ship to shore cranes market is segmented:
1) By Type: High Profile Cranes, Low Profile Cranes
2) By Lifting Capacity: Panamax STS Cranes, Post Panamax STS Cranes, Super-Post Panamax STS Cranes
3) By Power Supply: Diesel, Electric, Hybrid
4) By Outreach: Less Than 40 Meters, 41 – 50 Meters, 51 – 60 Meters, More Than 60 Meters
5) By Application: Cargo Transportation, Power Transmission, Other Applications
North America was the largest region in the ship to shore cranes market in 2022.
The table of contents in TBRC’s ship to shore cranes market report includes:
1. Executive Summary
2. Ship-To-Shore Cranes Market Characteristics
3. Ship-To-Shore Cranes Market Trends And Strategies
4. Ship-To-Shore Cranes Market – Macro Economic Scenario
5. Ship-To-Shore Cranes Market Size And Growth
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26. Africa Ship-To-Shore Cranes Market
27. Ship-To-Shore Cranes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ship-To-Shore Cranes Market
29. Ship-To-Shore Cranes Market Future Outlook and Potential Analysis
30. Appendix
Top Majaor Players:
- Liebherr-International AG
- Shanghai Zhenhua Heavy Industries Co Ltd
- Wison Group
- Konecranes
- Kalmar
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