Mobile Harbour Cranes Market:  Industry Trends & Forecast

Mobile Harbour Cranes Market: Industry Trends & Forecast

DMI segments the Global Mobile Harbour Cranes Market by geography into – North America, South America, Europe, Asia-Pacific (APAC), and Middle East and Africa.

2020-12-29

Mobile harbour crane demand is increased for carrying heavy loads with surge in the launching of the high capacity cranes. For instance on 27th May 2020, Global Ports Group Company installed a new LIEBHERR LHM 550 mobile harbour crane into the operation at the Petrolesport terminal located near the Port of Saint Petersburg, Russia. The crane with capacity of 144 tons was purchased as part of the Global Ports facility development and upgrade programme in Russia which was manufactured by LIEBHERR facility in Rostock (Germany) and was delivered pre-assembled to PLP port by sea.

Further in July 2020, the Georgia Ports Authority (GPA) was selected by Konecranes Company for supplying two eco-efficient Konecranes Gottwald Model 6 Mobile Harbour Cranes for ocean terminal in the port of Savannah, Georgia. The new cranes model is set for improving the terminal’s flexibility for handling containers and general cargo which has the ability to handle an ever-increasing volume of imports.

Also, on 30th Sept 2019, Mantsinen launched a new mobile harbour crane - the 140 with turning wheels, which enables sideways movement and efficient use in limited space. In the first quarter of 2019, Canaveral Port Authority has specially modified the largest mobile harbour crane in the United States which can handle all types of heavy cargo, including space components. The crane has custom design for lifting the heaviest load in all of Florida with capacity up to 154 tons plus and an outreach of 18 containers. Furthermore, the machine allows a maximum lifting height of up to 70 meters' and equipped with a double layer winch and a special tower extension

Thus increasing investment by the various port authorities for establishment of the mobile harbour crane required to handle heavy loads have created huge demand for this market.

Mobile harbour market is adversely impacted due to Covid-19 pandemic as several countries have stopped the import and export activities to prevent the infection of corona virus through the goods. For instance during Covid-19 pandemics in 2020, total commodities exports from commodity-dependent developing countries (CDDCs) to China decreased by 15.5% which valued to around US$ 33.1 billion.

As per the World Trade Organization report in 2020, Covid-19 pandemics have contracted total international trade volume by 13% to 32%. It has hampered the growth of the mobile harbour crane market drastically. Leading manufacturer of the mobile harbour crane has received few new orders of mobile harbour crane during the covid-19 pandemic. Further the demand increased in June 2020 as several countries have granted permission for import and export.

Further several leading manufacturers have completed the pending orders and received few new order of the mobile harbour crane during the Covid-19 pandemic. For instance in July 2020, Konecranes has received order from ZHD Stevedores (ZHD) of two eco-efficient Gottwald Model 6 Mobile Harbor Cranes for operations in the Netherland’s ports one for Dordrecht and one for Moerdijk. The new mobile harbour crane will be deliver at end of March 2021, which has applications for handling loads such as dry bulk, steel coils, breakbulk and containers.

Further in May 2020, The Georgia Ports Authority (GPA) has ordered two Model 6 Mobile Harbour Cranes from Konecranes for the supply at its Ocean Terminal in the Port of Savannah.

Further demand remained constant after June 2020 and will increase as soon as the Covid-19 pandemic is over

General cargo application of mobile harbour crane market is valued at US$ 224.89 Million in 2019 and is estimated to grow at a CAGR of 24.9% over the forecast period to reach a US$ 1,300.01 Million by 2027

General cargo includes vehicles, paper, steels, pallets, chemicals, bags, boxes clothing etc. As the demand for this cargo increases due to surge in the global population demand with surge in globalization and industrialization have propelled the mobile harbour crane market.

For instance Asia-Pacific region has the highest import export activities due to presence of several manufacturing industry of consumers electronics and automotive around the globe. As per the International Organization of Motor Vehicle Manufacturers in Asia-Pacific region, an estimated around 49266 873 number of vehicles were produced. This are being exported all over the world. Thus for handling such heavy loads of the vehicle containers, there has been propelled the demand for the mobile harbour crane market.

Increasing demand of the fleets and cranes for shifting and handling general cargo all over the world have propelled this segmental growth. For instance as per the UNCTAD organization in 2018, the total fleet for handling general cargo reached to around 74 000 thousands dead-weight tons around the globe increased by 3.7% as compare to 2017. It created massive demand for the mobile harbour crane for handling such general cargo load at different ports around the globe.

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Email: [email protected]
Tel: +1 877 441 4866

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