COMMENT


North America's industrial lifting equipment magazine


Gantry Crane market size worth $3.25bn by 2033


at the forefront of technological discoveries and developments that improve gantry cranes as well as advancements in infrastructure, due to fast urbanisation and worldwide industrialization. Since gantry cranes are essential to these kinds of large-scale infrastructure projects, the government's increasing capital expenditure on infrastructure contributes to the market's growth. Gantry cranes are becoming more necessary in logistics, shipping, and warehousing due to a


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growing consumer market driven by an e-commerce boom and globalisation. The demand for gantry cranes in the building and construction industry is rising, which has


prompted the creation of new and improved features, methods, procedures, and equipment. For example, automatic control, eliminating the need for human intervention and error. New


features have been added to failsafe systems to increase safety. The emergence of IoT has increased the use of gantry cranes across industries and enhanced their performance even further. But, a lack of skilled labour also challenges the market’s growth, which will lead to operational limitations in the longterm. Jenny Eagle, editor, OCH.


he global gantry crane market size is anticipated to grow from $2bn to $3.25bn in 10 years due to technological advancements, according to a report by The Brainy Insights. It claims North America will dominate the market during the forecast period because it is


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ochmagazine.com | Fall 2024 3


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