Stacker Crane Market is expected to reach USD 1,653.73 Million by 2029 at a CAGR of 6.8 Percent - Digital Journal

2022-10-15 09:30:31 By : Mr. LEO LIU

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Pune, Oct, 11, 2022: Maximize Market Research has published a report on the Stacker Crane Market that provides a detailed analysis for the forecast period of 2022 to 2029.

The report segments the Stacker Crane market and forecasts the market size based on the type, operation type, end-use industry, and region. The Stacker Crane market study also includes an in-depth competitive analysis of the major Stacker Crane manufacturers in the market, along with their company profiles, key observations related to business and product offerings, recent developments, and key market strategies.

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Stacker Crane market and the sub-segments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the market’s pulse and provides them information on key market drivers, restraints, challenges, and opportunities.

To Get A Copy of the Sample of the Stacker Crane Market, Click Here: https://www.maximizemarketresearch.com/request-sample/161538

Stacker Crane Market size was valued at USD 977 Mn. in 2021 and the total revenue is expected to grow at 6.8% of CAGR through 2022 to 2029, reaching nearly USD 1,653.73 Mn.

The stacker crane combines a forklift with an EOT crane. The stacker crane has a number of operational advantages, including the capacity to work in smaller areas than a forklift. There is no need for additional buildings because the racks support the stacker crane. Since they run on electricity, they don’t emit harmful exhaust emissions. Furthermore, there is no downtime required for battery charging.

The system’s design, which includes a crane installed atop the racks, is naturally secure and poses no risk of falling. The stacker crane from ElectroMech is the simple choice for effective access and packing when there are large numbers of raw materials, components, or finished goods stored, and this will drive the market throughout the projection period. These cranes can be tailored to the demands of the user for effective warehouse operations and optimal space utilisation. A wide range of products can be stored with the stacker crane in different racks at different heights. This makes it possible for the most secure storage and retrieval.

Stacker cranes play a significant role in ASRS. ASRS does away with the necessity for human involvement in routine tasks like carefully storing an item at a predetermined position, retrieving an item, and delivering commodities to particular processing or interface points. As a result, ASRS installation lowers labour costs and increases space utilisation. The use of ASRS systems is anticipated to be sparked by rising warehouse rents and dwindling storage supply.

The industrial expansion of emerging economies like Brazil, India, China and Mexico is a result of globalisation. Due to this, international manufacturers have chosen to set up shop in these nations. Due to numerous economic benefits, a number of businesses, including food and beverage, pharmaceuticals, retail, and automotive, are concentrating on expansion in emerging economies.

These industries’ distribution and logistics networks are under pressure from the growing consumer demand for their goods. As a result, there is a growing need for automated warehouses in all of these sectors, which in turn is driving up demand for stacker cranes. Therefore, as the industrial sector grows, more effective and automated manufacturing and distribution methods will be adopted. To integrate and manage supply chains, this has led to a need for complex and cutting-edge warehouse facilities. For stacker crane or ASRS providers, the surge in investments aimed at improving the capacity of supply chains in emerging nations has created new growth potential.

Stacker Crane Market  Regional Insights:

Asia-pacific held a share of approximately 52 percent to the overall market. Since the demand for effective logistics and warehousing has increased due to high population growth, economic development, and rising domestic consumption, it is the largest market. Due to their significant export-oriented industrial sectors and rising consumer spending, China and India must think about automation in order to increase productivity. Japan was a pioneer in the use of stacker cranes and is home to many international stacker crane producers.

The stacker cranes market in Japan is driven by a shortage of labour and space. The electronics and e-commerce sectors in South Korea are expanding, and these industries have been investing in automated material handling systems. In addition, the country’s largest user of stacker cranes is the consumer products sector. For the duration of the forecast, the region is anticipated to keep a commanding market share.

Based on Type, Stacker Crane Market is segmented into Single Column, and Double Column. 

Based on Operation Type, Stacker Crane Market is segmented into Semi-Automatic, and Automatic. 

Based on End-use industry, Stacker Crane Market is segmented into Consumer Goods, E-commerce/Retail & Wholesale, Pharmaceutical, Automotive, and Others.

Based on Region, Stacker Crane Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Stacker Crane Market Key Competitors :

Some of the major players in the Stacker Crane market include ATOX Sistemas de Almacenaje, S.A., Beumer Group, Cassioli Group, CLARK Material Handling Company, Daifuku, Doosan Corporation, Godrej Koerber Supply Chain Limited, Hyster-Yale Materials Handling, Inc., Interroll Group, Jungheinrich AG, Knapp Ag, LTW Intralogistics Gmbh Zentrale, Mias Group, Mitsubishi Logisnext Co., Ltd., Murata Machinery, Ltd, SSI SCHAFER, SWISSLOG AG, Tgw Logistics Group, Toyota Industries Corporation, and Vanderlande Corporation.

Key Questions answered in the Stacker Crane Market Report are: 

Related Report Published by Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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