Global Rail Mounted Gantry Crane Market 2017-2021
The following companies are the key players in the global rail mounted gantry crane market: Doosan Heavy Industries Vietnam, Henan Hengyuan Crane Machinery Group, Konecranes, Liebherr Group, and SANY GROUP
Other Prominent Vendors in the market are: Anupam Industries, Cargotec, DGCRANE, Ellsen Gantry Crane, GANTREX, GH CRANES, Hartmann & König Stromzuführungs, Henan Dafang Heavy Machinery, Henan Mine Crane, IHI Transport Machinery, Künz, Mi-Jack, PACECO, Shanghai Zhenhua Heavy Industries, SPANCO, STONIMAGE, TMEIC, TNT Crane & Rigging, Weihua Group, Wison Group, Yuantai, and Zhengzhou Ellsen Heavy Machinery.
Commenting on the report, an analyst said: “The latest trend gaining momentum in the market is Laser-based guidance systems in RMG cranes. RMG crane vendors are working on automatic positioning systems in containers. This will help cargo handlers in the port to arrange cargo containers swiftly and accurately. This automated positioning system will be based on laser-based guiding systems, where sophisticated sensors are mounted on the crane to detect the position of the moving parts, the load, and the target destination. These sensing systems contain encoders and scanning laser rangefinders.”
According to the report, one of the major drivers for this market is Projected growth in global trade. The plunge in global crude oil prices during 2012-2015 reduced the import and export of goods in oil-producing countries. The countries to suffer worst were Middle East countries such as Saudi Arabia and Qatar. Merchandise exports to Saudi Arabia and Qatar declined by 47.59% and 41.87%, respectively, during 2012-2015, as the economies of these countries are majorly dependent on crude oil. This affected their trade activities negatively. It also had an adverse impact on global trade growth. But since the beginning of 2016, global crude oil prices have witnessed stabilization. According to the World Bank, crude oil prices will witness a growth trend during 2017-2021, which is expected to increase global trade.
Further, the report states that one of the major factors hindering the growth of this market is Uncertain business environment following US presidential elections. In January 2017, Donald Trump took charge as the new US president. The new US government under Donald Trump has planned widespread changes in the trade as well as employment policies of the US. There have been major changes proposed that may impact the US as well as global economic growth. The most notable change has been the proposed review of the North American Free Trade Agreement (NAFTA) signed in the 1990s by the then US president, Bill Clinton; NAFTA allows the US to have better trade relations with its northern and southern neighbors, Canada and Mexico, respectively. This agreement helps the US to develop and increase the manufacturing sectors in these countries where cheap labor and natural resources are readily available.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The Research Report Available at www.rnrmarketresearch.com/global-rail-mounted-gantry-rmg-crane-market-2017-2021-market-report.html
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The following companies are the key players in the global rail mounted gantry crane market: Doosan Heavy Industries Vietnam, Henan Hengyuan Crane Machinery Group, Konecranes, Liebherr Group, and SANY GROUP
Other Prominent Vendors in the market are: Anupam Industries, Cargotec, DGCRANE, Ellsen Gantry Crane, GANTREX, GH CRANES, Hartmann & König Stromzuführungs, Henan Dafang Heavy Machinery, Henan Mine Crane, IHI Transport Machinery, Künz, Mi-Jack, PACECO, Shanghai Zhenhua Heavy Industries, SPANCO, STONIMAGE, TMEIC, TNT Crane & Rigging, Weihua Group, Wison Group, Yuantai, and Zhengzhou Ellsen Heavy Machinery.
Commenting on the report, an analyst said: “The latest trend gaining momentum in the market is Laser-based guidance systems in RMG cranes. RMG crane vendors are working on automatic positioning systems in containers. This will help cargo handlers in the port to arrange cargo containers swiftly and accurately. This automated positioning system will be based on laser-based guiding systems, where sophisticated sensors are mounted on the crane to detect the position of the moving parts, the load, and the target destination. These sensing systems contain encoders and scanning laser rangefinders.”
According to the report, one of the major drivers for this market is Projected growth in global trade. The plunge in global crude oil prices during 2012-2015 reduced the import and export of goods in oil-producing countries. The countries to suffer worst were Middle East countries such as Saudi Arabia and Qatar. Merchandise exports to Saudi Arabia and Qatar declined by 47.59% and 41.87%, respectively, during 2012-2015, as the economies of these countries are majorly dependent on crude oil. This affected their trade activities negatively. It also had an adverse impact on global trade growth. But since the beginning of 2016, global crude oil prices have witnessed stabilization. According to the World Bank, crude oil prices will witness a growth trend during 2017-2021, which is expected to increase global trade.
Further, the report states that one of the major factors hindering the growth of this market is Uncertain business environment following US presidential elections. In January 2017, Donald Trump took charge as the new US president. The new US government under Donald Trump has planned widespread changes in the trade as well as employment policies of the US. There have been major changes proposed that may impact the US as well as global economic growth. The most notable change has been the proposed review of the North American Free Trade Agreement (NAFTA) signed in the 1990s by the then US president, Bill Clinton; NAFTA allows the US to have better trade relations with its northern and southern neighbors, Canada and Mexico, respectively. This agreement helps the US to develop and increase the manufacturing sectors in these countries where cheap labor and natural resources are readily available.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The Research Report Available at www.rnrmarketresearch.com/global-rail-mounted-gantry-rmg-crane-market-2017-2021-market-report.html
About Us:
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Connect with Us:
G+ / Google Plus: https://plus.google.com/104156468549256253075/posts
Twitter: https://twitter.com/RnRMR
Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345
RSS / Feeds: http://www.rnrmarketresearch.com/feed
Media Contact:
Hrishikesh Patwardhan
RnR Market Research
Phone : +1-888-391-5441
Email : sales@rnrmarketresearch.com
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