Track Mounted Gangway Market Size, Share & Industry Analysis, By Type (Single Track Mounted Gangway, Multiple Track Mounted Gangway), By Industry (Automotive, Aerospace & Defense, Shipbuilding, Construction, Metal Working, Railway) And Regional Forecast, 2024-2032

A track mounted gangway, often defined as a self-adjusting stair (SAS), is made of aluminium, galvanised steel, or stainless steel, among other materials. The track-mounted gangway allows for nearly unrestricted access to one or more hatches/vehicles while still allowing the device to drive along the loading platform's side. The track-mounted gangway can be manually lowered or lifted to accommodate ships and barges of various sizes. Depending on the application, tracking gangway mounts may be fixed or pivoting. They provide a cost-effective way to unload and load freight. This equipment is extensively used in various sectors, like aerospace, automotive, shipbuilding, rail, manufacturing, construction, etc where metals are used.

The track-mounted gangway is propelled by a specific wheel and track system that allows it to be moved with ease; as a result, adoption by various end-users is expected to rise neare. Also, shift from manual track mounted gangways to automated track mounted gangways by end-users is anticipated to further propel the track mounted gangway market in the next few years.

Due to an increase in demand for track mounted gangways from the automotive and aerospace industries, the global track mounted gangway market is expected to grow at a rapidly. The track mounted gangway market is expected to grow during the forecast period as end-users demand access to multiple hatches on a truck or multiple rail cars. In the coming years, the track mounted gangway market is expected to be propelled by an increase in demand for value chain process optimization through improved work rates of loading and unloading goods.

However, during Covid-19, the manufacturing activities in each sector across the globe were halted in lockdown. The unavailability of raw material due to closure of borders also had a negative impact on the track mounted gangway market. Owing to shutdowns or project delays because of the closure of manufacturing units & social distancing is anticipted to result in a major decline in total manufacturing and sale of track mounted gangway output for the year, which is expected to have a negative effect on market as well as economy.

Key Market Driver -

• Rise in demand for access to multiple hatches on a truck or multiple rail cars

Key Market Restraint -

• High cost of track mounted gangways

Key Players Covered:

Key Players Operating in global track mounted gangway market are Air Process Systems & Conveyors Co Inc., CAI Safety Systems, Carbis Loadtec Group, Zipfluid, Carbis Solutions, HEMCO industries, NORTHERN PLATFORMS, SafeHarbor Access Systems, Saferack, Sam Carbis Solutions Group, Tri-Arc, LLC, Western Safety Products, Inc., Modular Access Systems LLC & others

Regional Analysis:

North America is anticipated to exhibit the substantial growth owing to the presence of a large number of manufacturing and process industries in the region. Also, the growing population in the region is expected to grow the market & create growth opportunities. Additionally, the market players such as Air Process Systems & Conveyors Co Inc, CAI Safety Systems, Carbis Solutions & others are emphasizing on offering industry-leading track mounted gangway that is turn, is boosting the market growth. Moreover, increasing demand in automotive, aerospace & constriction application is further complementing the market growth.

Europe is expected to witness the strong growth, owing to the presence of leading players including Carbis Loadtec Group , Northern Platforms, across UK & other countries. For instance, Carbis Loadtec Group provides inclusive design, supply and commission packages for road and rail loading arms, tanker access and fall prevention systems, meter skid systems, quick release couplings, dry disconnect couplings and breakaway couplings. Additionally, the increasing construction activities in the region is further fuelling the track mounted gangway market

Furthermore, Asia pacific market region is expected to grow at a rapid rate, owing to an increase in industrialization across the region. China is a significant market being the hub of manufacturing industry. Moreover, the track mounted gangway market in India is growing as a result of the country's strong manufacturing. The manufacturing such as food processing, automotive, and other industries is expected to drive the track mounted gangway market in the area.

Middle East is predicted to witness huge growth during forecast period. Owing to increase in demand in automotive, shipbuilding, construction activities. As countries in Middle East region is developing, therefore these countries experiencing solid growth in industrialization & urbanization. These rise is boosting the track mounted gangway market significantly.

To gain extensive insights into the market, Request for Customization

Segmentation

Key Industry Developments

• In September 2019: Loadtec Engineered Systems migrated its personnel and systems to a new company called Carbis Loadtec Group Limited reflecting a new partnership between Sam Carbis Solutions Group and the Loadtec Family.


• In January 2019: Hemco industries were acquired by BGRS Inc. and now fully operates as Hemco; A Division of BGRS Inc.